401(k) · DOL Form 5500 · 2022

Mag Mutual Insurance Company 401(k) Plan

Data updated 2026-08-25

$39M
Total assets Below avg plan size
272
Participants Below avg headcount
86th
Percentile by assets National rank
$144,417
Avg per participant Above avg balance/head
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Official DOL plan name: Magmutual Insurance Company 401(k) Plan · Sponsored by Mag Mutual Insurance Company · Georgia · Finance & Insurance

$39M in assets, 272 participants

Mag Mutual Insurance Company's Magmutual Insurance Company 401(k) Plan reported $39M in total assets and 272 participants in its 2022 DOL Form 5500 filing, ranking in the 86th 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.

  • #7,160 in Finance & Insurance (9,261 peers)

Coverage in Georgia

Magmutual Insurance Company 401(k) Plan covers 272 participants in Georgia, about 25% of the average Georgia filer (state average ~1,096 per filing). Assets: $39M.

#7,160
in Finance & Insurance (9,261 peers)
-9.2%
assets change YoY
0.4×
vs typical plan assets (national mean)

The plan reported a net loss of $4M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Magmutual Insurance Company 401(k) Plan's outsized position by total assets

Magmutual Insurance Company 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$39,281,321 Top 14% higher than 86% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Magmutual Insurance Company 401(k) Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Magmutual Insurance Company 401(k) Plan sits mid-pack in the medium band (272 participants).

EBSA filing schedule strip

Filing strip 581449198 · Mag Mutual Insurance Company PY 2022 · 401(k)

Magmutual Insurance Company 401(k) Plan · $39M · 272 · 86th

  • VS-ST $39M
  • BOY 272
  • SCH 86th
  • EBSA 401(k)
  • PART near Kisinger Campo & Associates Corporation Savings Plan
  • TYPE ind #7160

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Finance & Insurance retirement plans → · Plans in Georgia →

Magmutual Insurance Company 401(k) Plan in the asset neighbourhood

Magmutual Insurance Company 401(k) PlanMagmutual Insurance Company …$39MKisinger Campo & Associates Corporation Savings PlanKisinger Campo & Associates …$39MCreative Office Pavilion 401(k) Plan & TrustCreative Office Pavilion 401…$39MSdg Mgmt Company, LLC 401(k) PlanSdg Mgmt Company, LLC 401(k)…$39MExcelsior Orthopaedics, LLP 401(k) Profit Sharing PlanExcelsior Orthopaedics, LLP …$39M
End-of-year total assets ($M) among Magmutual Insurance Company 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Georgia filing particulars

Total Assets (Beginning of Year)$43M
Net Assets (End of Year)$39M
Net Income-$4M
Employer EIN581449198
Plan Effective Date1988-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Mag Mutual Insurance Company)

Sponsor-wide plan assets over time

All Mag Mutual Insurance Company plans reported in each filing year

Latest sponsor-wide plan assets
$135M 24.445543823971047% vs 2022
2024 filing year
$100M$110M$120M$130M$140M 202220232024 $108M $135M ▲ +24.4%
Year Plans Participants Total Assets
2022 2 346 $108M
2023 2 366 $124M
2024 2 457 $135M

Nearby 401(k) Plans in Georgia

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

Magmutual Insurance Company 401(k) Plan vs. nearby 401(k) plans in Georgia, assets vs. participants Scatter plot of 6 data points. -2000000200000400000600000 -505101520 Total assets ($B) Participants Magmutual Insurance Company 401(k) Plan, Total assets ($B): 0.039281321 · Participants: 272Magmutual Insurance Company 401(k) PlanThe Teamster-UPS National 401(k) Tax Deferred Savings Plan, Total assets ($B): 14.668727371 · Participants: 549610The Teamster-UPS National 401(k) Tax Deferred Savings PlanDelta 401(k) Retirement Plan, Total assets ($B): 13.242875281 · Participants: 72820Delta 401(k) Retirement PlanDelta 401(k) Retirement Plan for Pilots, Total assets ($B): 11.498981924 · Participants: 12193Delta 401(k) Retirement Plan for PilotsUPS 401 (K) Savings Plan, Total assets ($B): 11.31621995 · Participants: 107310UPS 401 (K) Savings PlanThe Home Depot Futurebuilder, Total assets ($B): 10.714648719 · Participants: 423174The Home Depot Futurebuilder
Magmutual Insurance Company 401(k) Plan vs. nearby 401(k) plans in Georgia, assets vs. participants
Compare Magmutual Insurance Company 401(k) Plan side-by-side with 3 peers →

Magmutual Insurance Company 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Georgia, the nearest 401(k) by assets is Kisinger Campo & Associates Corporation Savings Plan in FL ($39M); by covered participants it is Data Center, Inc. Savings & Retirement Plan in KS (272 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (272 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Magmutual Insurance Company 401(k) Plan assets move in 2022? ▼
Magmutual Insurance Company 401(k) Plan pulled back noticeably - down 9.2% during 2022, from $43M to $39M. Reported net income was -$4M.
How have Mag Mutual Insurance Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Mag Mutual Insurance Company's sponsor-wide assets grew 24.4%, from $108M to $135M.
Where does Magmutual Insurance Company 401(k) Plan rank by assets among Form 5500 filers? ▼
Magmutual Insurance Company 401(k) Plan ranks in the 86th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Magmutual Insurance Company 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Kisinger Campo & Associates Corporation Savings Plan in FL ($39M, 280 participants).
Which 401(k) plans cover a similar participant headcount to Magmutual Insurance Company 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Data Center, Inc. Savings & Retirement Plan in KS (272 participants, $50M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 581449198.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.