401(k) · DOL Form 5500 · 2022

Liberty Mutual Group Inc. 401(k) Plan

Data updated 2026-08-11

$8.8B
Total assets
32,843
Participants
100th
Percentile by assets
$267,881
Avg per participant
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Official DOL plan name: Liberty Mutual 401(k) Plan · Sponsored by Liberty Mutual Group Inc. · Massachusetts · Finance & Insurance

$8.8B in assets, 32,843 participants

Liberty Mutual Group Inc.'s Liberty Mutual 401(k) Plan reported $8.8B in total assets and 32,843 participants in its 2022 DOL Form 5500 filing, ranking in the 100th 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.

  • 100th percentile by assets (of 139,126 plans)
  • #9,245 in Finance & Insurance (9,261 peers)

Coverage in Massachusetts

Liberty Mutual 401(k) Plan covers 32,843 participants in Massachusetts, 50x the typical Massachusetts plan (state average ~659 per filing). Assets: $8.8B.

$8.8B
total plan assets (2022 EOY)
32,843
covered participants
100th
percentile by assets (of 139,126 plans)
$267,881
avg assets per participant

The plan reported a net loss of $1.9B 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. Liberty Mutual 401(k) Plan reports 32,843 participants - 50x that state average ($8.8B EOY assets).

Massachusetts filing particulars

Total Assets (Beginning of Year)$10.1B
Net Assets (End of Year)$8.5B
Net Income-$1.9B
Employer EIN043583679
Plan Effective Date1975-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Liberty Mutual Group Inc.)

$15B$16B$17B$18B 202220232024 $15.6B $17.6B ▲ +13.2%
Total plan assets by year, all Liberty Mutual Group Inc. plans on file
Year Plans Participants Total Assets
2022 2 65,930 $15.6B
2023 2 74,197 $17.4B
2024 2 69,528 $17.6B

Nearby 401(k) Plans in Massachusetts

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Liberty Mutual 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants

Liberty Mutual 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. 100002000030000400005000060000 0510152025 Total assets ($B) Participants Liberty Mutual 401(k…Fidelity Retirement …Massachusetts Instit…Philips North Americ…Boston Scientific Co…State Street Salary …
Liberty Mutual 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants

Scale composition for Liberty Mutual 401(k) Plan

Liberty Mutual 401(k) Plan reports $8.8B in end-of-year assets across 32,843 participants (0.071% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.035% of 93,925,755 covered participants) - about $267,881 per participant (1.9x the national average assets-per-participant) . Net income for plan year 2022 was -$1.9B.

This plan identity (EIN 043583679, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $8.8B to $11.4B (+29.0%) while covered participants moved from 32,843 to 34,618 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 32,843 $8.8B This page
2023 37,052 $10.6B Open filing
2024 · index core 34,618 $11.4B Open filing

The same sponsor also keeps 2 other index-core plans on PlainRetire:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Liberty Mutual 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Liberty Mutual 401(k) Plan assets move in 2022?
Liberty Mutual 401(k) Plan pulled back noticeably - down 13.3% during 2022, from $10.1B to $8.8B. Reported net income was -$1.9B.
How have Liberty Mutual Group Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Liberty Mutual Group Inc.'s sponsor-wide assets grew 13.2%, from $15.6B to $17.6B.
Where does Liberty Mutual 401(k) Plan rank by assets among Form 5500 filers?
Liberty Mutual 401(k) Plan ranks in the 100th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Liberty Mutual 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Hp Inc. 401(k) Plan in TX ($8.9B, 13,940 participants).

Filing takeaways

Ways to act on Liberty Mutual 401(k) Plan's numbers.