401(k) · DOL Form 5500 · 2022

Mmg Insurance Company 401(k) Plan

Data updated 2026-08-25

$42M
Total assets Below avg plan size
245
Participants Below avg headcount
86th
Percentile by assets National rank
$171,632
Avg per participant Above avg balance/head
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Official DOL plan name: Mmg Insurance Company 401(k) Retirement Savings Plan · Sponsored by Mmg Insurance Company · Maine · Finance & Insurance

$42M in assets, 245 participants

Mmg Insurance Company's Mmg Insurance Company 401(k) Retirement Savings Plan reported $42M in total assets and 245 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.

  • #7,256 in Finance & Insurance (9,261 peers)

Where Mmg Insurance Company 401(k) Retirement Savings Plan sits by assets

Mmg Insurance Company 401(k) Retirement Savings Plan sits in the top quartile of all filed plans by assets, $42M for 245 participants (~$171,632/participant), down 13.3% in 2022.

#7,256
in Finance & Insurance (9,261 peers)
-13.3%
assets change YoY
0.4×
vs typical plan assets (national mean)

The plan reported a net loss of $6M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Mmg Insurance Company 401(k) Retirement Savings Plan's outsized position by total assets

Mmg Insurance Company 401(k) Retirement Savings Plan vs every filed plan by assets

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

$42,049,896 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

Mmg Insurance Company 401(k) Retirement Savings 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. Mmg Insurance Company 401(k) Retirement Savings Plan sits mid-pack in the medium band (245 participants).

Plan-year Form 5500 strip

Filing strip 010021090 · Mmg Insurance Company PY 2022 · 401(k)

Mmg Insurance Company 401(k) Retirement Savings Plan · $42M · 245 · 86th

  • EIN $42M
  • RANK 245
  • PHOTO 86th
  • IND 401(k)
  • EOY near Cancer & Hematology Centers of Western Michigan Profit Sharing and 401(k) Plan
  • 5500 ind #7256

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 Maine →

Mmg Insurance Company 401(k) Retirement Savings Plan in the asset neighbourhood

Kipp Bay Area Schools 401(k) PlanKipp Bay Area Schools 401(k)…$42MMmg Insurance Company 401(k) Retirement Savings PlanMmg Insurance Company 401(k)…$42MCancer & Hematology Centers of Western Michigan Profit Sharing and 401(k) PlanCancer & Hematology Centers …$42MPreferred Bank 401(k) Profit Sharing PlanPreferred Bank 401(k) Profit…$42MDoncasters, Inc. Employee Savings PlanDoncasters, Inc. Employee Sa…$42M
End-of-year total assets ($M) among Mmg Insurance Company 401(k) Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$48M
Net Assets (End of Year)$42M
Net Income-$6M
Employer EIN010021090
Plan Effective Date1995-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Mmg Insurance Company)

Sponsor-wide plan assets over time

All Mmg Insurance Company plans reported in each filing year

Latest sponsor-wide plan assets
$56M 32.70118194822646% vs 2022
2024 filing year
$40M$45M$50M$55M$60M 202220232024 $42.1M $55.8M ▲ +32.7%
Year Plans Participants Total Assets
2022 1 245 $42M
2023 1 255 $49M
2024 1 269 $56M

Nearby 401(k) Plans in Maine

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

Mmg Insurance Company 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Maine, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -1012345 Total assets ($B) Participants Mmg Insurance Company 401(k) Retirement Savings Plan, Total assets ($B): 0.042049896 · Participants: 245Mmg Insurance Company 401(k) Retirement Savings PlanTd 401(k) Retirement Plan, Total assets ($B): 4.082814523 · Participants: 26725Td 401(k) Retirement PlanUnum Group 401(k) Retirement Plan, Total assets ($B): 1.823433108 · Participants: 9051Unum Group 401(k) Retirement PlanIdexx Retirement and Incentive Savings Plan, Total assets ($B): 0.833975444 · Participants: 6436Idexx Retirement and Incentive Savings PlanHannaford Bros. Co., LLC Retirement Savings Plan, Total assets ($B): 0.831539018 · Participants: 28776Hannaford Bros. Co., LLC Retirement Savings PlanThe Cianbro Team Equity Plan, Total assets ($B): 0.624114187 · Participants: 2575The Cianbro Team Equity Plan
Mmg Insurance Company 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Maine, assets vs. participants
Compare Mmg Insurance Company 401(k) Retirement Savings Plan side-by-side with 3 peers →

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

Outside Maine, the nearest 401(k) by assets is Cancer & Hematology Centers of Western Michigan Profit Sharing and 401(k) Plan in MI ($42M); by covered participants it is Moyer & Son, Inc. 401(k) Plan in PA (245 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (245 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 Mmg Insurance Company 401(k) Retirement Savings Plan assets move in 2022? ▼
Mmg Insurance Company 401(k) Retirement Savings Plan pulled back noticeably - down 13.3% during 2022, from $48M to $42M. Reported net income was -$6M.
How have Mmg Insurance Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Mmg Insurance Company's sponsor-wide assets grew 32.7%, from $42M to $56M.
Where does Mmg Insurance Company 401(k) Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Mmg Insurance Company 401(k) Retirement Savings 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 Mmg Insurance Company 401(k) Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Cancer & Hematology Centers of Western Michigan Profit Sharing and 401(k) Plan in MI ($42M, 460 participants).
Which 401(k) plans cover a similar participant headcount to Mmg Insurance Company 401(k) Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Moyer & Son, Inc. 401(k) Plan in PA (245 participants, $15M 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 010021090.

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.