401(k) · DOL Form 5500 · 2022
The Hanover Insurance Company 401(k) Plan
Data updated 2026-08-11
- $1.0B
- Total assets
- 4,373
- Participants
- 99th
- Percentile by assets
- $235,902
- Avg per participant
Official DOL plan name: The Hanover Insurance Group Retirement Savings Plan · Sponsored by The Hanover Insurance Company · Massachusetts · Finance & Insurance
$1.0B in assets, 4,373 participants
The Hanover Insurance Company's The Hanover Insurance Group Retirement Savings Plan reported $1.0B in total assets and 4,373 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 139,126 plans)
- #9,062 in Finance & Insurance (9,261 peers)
Coverage in Massachusetts
The Hanover Insurance Group Retirement Savings Plan covers 4,373 participants in Massachusetts, 6.6x the typical Massachusetts plan (state average ~659 per filing). Assets: $1.0B.
- $1.0B
- total plan assets (2022 EOY)
- 4,373
- covered participants
- 99th
- percentile by assets (of 139,126 plans)
- $235,902
- avg assets per participant
The plan reported a net loss of $215M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Participants vs Massachusetts filers
In Massachusetts, the average filing covers about 659 participants across 4,265 plans. The Hanover Insurance Group Retirement Savings Plan reports 4,373 participants - 6.6x that state average ($1.0B EOY assets).
Massachusetts filing particulars
| Total Assets (Beginning of Year) | $1.2B |
|---|---|
| Net Assets (End of Year) | $1.0B |
| Net Income | -$215M |
| Employer EIN | 135129825 |
| Plan Effective Date | 1961-11-22 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (The Hanover Insurance Company)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 5,105 | $1.4B |
| 2023 | 2 | 5,303 | $1.5B |
| 2024 | 2 | 5,274 | $1.6B |
Nearby 401(k) Plans in Massachusetts
Peer 401(k) plans, same state, same plan type, ranked by total assets.
The Hanover Insurance Group Retirement Savings Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants
- Fidelity Retirement Savings Plan $23.0B · 52,036
- Liberty Mutual 401(k) Plan $8.8B · 32,843
- Massachusetts Institute of Technology Supplemental 401(k) Plan $5.8B · 13,690
- Philips North America 401(k) Plan $5.2B · 19,750
- Boston Scientific Corporation 401(k) Retirement Savings Plan $4.9B · 18,359
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to The Hanover Insurance Group Retirement Savings Plan by total assets, not by location.
- Rpm International Inc. 401(k) Trust and Plan (OH) $1.0B · 8,227
- Perkins Coie Retirement and 401(k) Plan (WA) $1.0B · 1,811
- The Savings Investment Plan for Employees of Reckitt Benckiser LLC (NJ) $1.0B · 4,614
- Berry Global Employees 401(k) Retirement Plan (IN) $1.0B · 17,147
Frequently Asked Questions
How did The Hanover Insurance Group Retirement Savings Plan assets move in 2022? ▼
How have The Hanover Insurance Company plan assets changed over time? ▼
Where does The Hanover Insurance Group Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to The Hanover Insurance Group Retirement Savings Plan? ▼
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Filing takeaways
Ways to act on The Hanover Insurance Group Retirement Savings Plan's numbers.
- By total assets, The Hanover Insurance Group Retirement Savings Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Massachusetts. Compare plans
- The Hanover Insurance Company's sponsor-wide assets have grown 17.2% since 2022 across 3 plan years on file. More Finance & Insurance plans