Defined Benefit (Pension) · DOL Form 5500 · 2022

The Andover Companies Pension Plan

Data updated 2026-08-11

$365M
Total assets
238
Participants
97th
Percentile by assets
$1.5M
Avg per participant
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Official DOL plan name: Merrimack Mutual Fire Insurance Company Retirement Plan · Sponsored by The Andover Companies · Massachusetts · Finance & Insurance

$365M in assets, 238 participants

The Andover Companies's Merrimack Mutual Fire Insurance Company Retirement Plan reported $365M in total assets and 238 participants in its 2022 DOL Form 5500 filing, ranking in the 97th 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.

  • 97th percentile by assets (of 139,126 plans)
  • #8,809 in Finance & Insurance (9,261 peers)

Coverage in Massachusetts

Merrimack Mutual Fire Insurance Company Retirement Plan covers 238 participants in Massachusetts, about 36% of the average Massachusetts filer (state average ~659 per filing). Assets: $365M.

$365M
total plan assets (2022 EOY)
238
covered participants
97th
percentile by assets (of 139,126 plans)
$1.5M
avg assets per participant

Where Merrimack Mutual Fire Insurance Company Retirement Plan sits by total assets

Merrimack Mutual Fire Insurance Company Retirement Plan vs every filed plan by assets

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

$364,524,022 Top 3% higher than 97% of 139,123 filed plans

This plan $0 $2,010,000,000 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

State
Massachusetts
Industry
Finance & Insurance

Participants vs Massachusetts filers

In Massachusetts, the average filing covers about 659 participants across 4,265 plans. Merrimack Mutual Fire Insurance Company Retirement Plan reports 238 participants - about 36% of that state average ($365M EOY assets).

Massachusetts filing particulars

Total Assets (Beginning of Year)$357M
Net Assets (End of Year)$365M
Net Income$7M
Employer EIN041614490
Plan Effective Date1944-04-18
Filing StatusFILING RECEIVED

Sponsor Plan History (The Andover Companies)

$400M$450M$500M$550M$600M 202220232024 $421M $540M ▲ +28.1%
Total plan assets by year, all The Andover Companies plans on file
Year Plans Participants Total Assets
2022 2 456 $421M
2023 2 524 $460M
2024 2 601 $540M

Nearby Defined Benefit (Pension) Plans in Massachusetts

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

Merrimack Mutual Fire Insurance Company Retirement Plan vs. nearby Defined Benefit (Pension) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -20246810 Total assets ($B) Participants Merrimack Mutual Fir…, Total assets ($B): 0.364524022 · Participants: 238Merrimack Mutual Fir…Consolidated Cash Ba…, Total assets ($B): 9.07532048 · Participants: 55495Consolidated Cash Ba…Liberty Mutual Retir…, Total assets ($B): 6.756596242 · Participants: 33087Liberty Mutual Retir…Massachusetts Instit…, Total assets ($B): 5.281152611 · Participants: 11835Massachusetts Instit…N. Atlantic States C…, Total assets ($B): 4.758508912 · Participants: 17323N. Atlantic States C…N. Atlantic States C…, Total assets ($B): 3.594095954 · Participants: 10962N. Atlantic States C…
Merrimack Mutual Fire Insurance Company Retirement Plan vs. nearby Defined Benefit (Pension) plans in Massachusetts, assets vs. participants
Compare Merrimack Mutual Fire Insurance Company … side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Merrimack Mutual Fire Insurance Company Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Merrimack Mutual Fire Insurance Company Retirement Plan assets move in 2022? ▼
Merrimack Mutual Fire Insurance Company Retirement Plan edged up modestly - up 2.1% during 2022, from $357M to $365M. Reported net income was $7M.
How have The Andover Companies plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), The Andover Companies's sponsor-wide assets grew 28.1%, from $421M to $540M.
Where does Merrimack Mutual Fire Insurance Company Retirement Plan rank by assets among Form 5500 filers? ▼
Merrimack Mutual Fire Insurance Company Retirement Plan ranks in the 97th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Merrimack Mutual Fire Insurance Company Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Univar Solutions Retirement Plan in IL ($365M, 586 participants).

Next read for Merrimack Mutual Fire Insurance Company …

Filing takeaways

Ways to act on Merrimack Mutual Fire Insurance Company Retirement Plan's numbers.

  • By total assets, Merrimack Mutual Fire Insurance Company Retirement Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Massachusetts. Compare plans
  • The Andover Companies's sponsor-wide assets have grown 28.1% since 2022 across 3 plan years on file. More Finance & Insurance plans

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 041614490.

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.