Defined Benefit (Pension) · DOL Form 5500 · 2022

Amica Mutual Insurance Company Pension Plan

Data updated 2026-08-06

$1.7B
Total assets
2,750
Participants
99th
Percentile by assets
$628,128
Avg per participant
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Official DOL plan name: Amica Pension Fund · Sponsored by Amica Mutual Insurance Company · Rhode Island · Finance & Insurance

$1.7B in assets, 2,750 participants

Amica Mutual Insurance Company's Amica Pension Fund reported $1.7B in total assets and 2,750 participants in its 2022 DOL Form 5500 filing, ranking in the 99th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 99th percentile by assets (of 139,258 plans)
  • #9,141 in Finance & Insurance (9,267 peers)

Where Amica Pension Fund sits by assets

Amica Pension Fund sits among the largest 1% of all filed plans, $1.7B for 2,750 participants (~$628,128/participant), down 24.6% in 2022.

$1.7B
total plan assets (2022 EOY)
2,750
covered participants
99th
percentile by assets (of 139,258 plans)
$628,128
avg assets per participant

The plan reported a net loss of $563M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Amica Pension Fund vs the 2022 asset distribution

By assets, Amica Pension Fund outranks 99% of the 139,258 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 17x the national average plan size of $100M (730 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$2.3B
Net Assets (End of Year)$1.7B
Net Income-$563M
Employer EIN050348344
Plan Effective Date1965-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Amica Mutual Insurance Company)

$2.4B$2.5B$2.6B$2.7B 202220232024 $2.48B $2.65B ▲ +6.9%
Total plan assets by year, all Amica Mutual Insurance Company plans on file
Year Plans Participants Total Assets
2022 2 6,166 $2.5B
2023 2 5,794 $2.6B
2024 2 5,700 $2.7B

Nearby Defined Benefit (Pension) Plans in Rhode Island

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Amica Pension Fund vs. nearby Defined Benefit (Pension) plans in Rhode Island, assets vs. participants

Amica Pension Fund vs. nearby Defined Benefit (Pension) plans in Rhode Island, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 05101520 Total assets ($B) Participants Amica Pension FundThe Bank of America …Textron Master Retir…Factory Mutual Insur…Bell Helicopter Text…Cfg Pension Plan
Amica Pension Fund vs. nearby Defined Benefit (Pension) plans in Rhode Island, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Amica Pension Fund by total assets, not by location.

Frequently Asked Questions

How did Amica Pension Fund assets move in 2022?
Amica Pension Fund declined sharply - down 24.6% during 2022, from $2.3B to $1.7B. Reported net income was -$563M.
How have Amica Mutual Insurance Company plan assets changed over time?
Across 3 plan years on file (2022-2024), Amica Mutual Insurance Company's sponsor-wide assets grew 7.0%, from $2.5B to $2.7B.
Where does Amica Pension Fund rank by assets among Form 5500 filers?
Amica Pension Fund ranks in the 99th percentile by end-of-year assets among 139,258 plans that reported assets for plan year 2022 (among the largest 1% of all filed plans).
Which Defined Benefit (Pension) plans are similar in size to Amica Pension Fund?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Basf Corporation Salaried Employees' Pension Plan in NJ ($1.7B, 3,567 participants).

Scale reading

Ways to act on Amica Pension Fund's numbers.