401(k) · DOL Form 5500 · 2022

Hagerty Insurance Agency, LLC 401(k) Plan

Data updated 2026-08-25

$117M
Total assets Near avg plan size
1,490
Participants Near avg headcount
94th
Percentile by assets National rank
$78,653
Avg per participant Below avg balance/head
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Official DOL plan name: Hagerty Insurance Agency, LLC Employee' 401(k) Plan · Sponsored by Hagerty Insurance Agency, LLC · Michigan · Finance & Insurance

$117M in assets, 1,490 participants

Hagerty Insurance Agency, LLC's Hagerty Insurance Agency, LLC Employee' 401(k) Plan reported $117M in total assets and 1,490 participants in its 2022 DOL Form 5500 filing, ranking in the 94th 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.

  • #8,296 in Finance & Insurance (9,261 peers)

Coverage in Michigan

Hagerty Insurance Agency, LLC Employee' 401(k) Plan covers 1,490 participants in Michigan, 2.3x the typical Michigan plan (state average ~638 per filing). Assets: $117M.

#8,296
in Finance & Insurance (9,261 peers)
-3.3%
assets change YoY
1.2×
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.

Hagerty Insurance Agency, LLC Employee' 401(k) Plan's outsized position by total assets

Hagerty Insurance Agency, LLC Employee' 401(k) Plan vs every filed plan by assets

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

$117,193,065 Top 6% higher than 94% 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

Hagerty Insurance Agency, LLC Employee' 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Hagerty Insurance Agency, LLC Employee' 401(k) Plan lands in the large band (1,490 participants).

Form 5500 schedule snapshot

Filing strip 880268247 · Hagerty Insurance Agency, LLC PY 2022 · 401(k)

Hagerty Insurance Agency, LLC Employee' 401(k) Plan · $117M · 1,490 · 94th

  • EOY $117M
  • 5500 1,490
  • ASSETS 94th
  • PCT 401(k)
  • EIN near Rain Bird Corporation Employee Savings & Investment Plan
  • RANK ind #8296

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 Michigan →

Hagerty Insurance Agency, LLC Employee' 401(k) Plan in the asset neighbourhood

Ferrero U.S.a., Inc. and Subsidiaries Profit Sharing and 401(k) PlanFerrero U.S.a., Inc. and Sub…$117MHagerty Insurance Agency, LLC Employee' 401(k) PlanHagerty Insurance Agency, LL…$117MRain Bird Corporation Employee Savings & Investment PlanRain Bird Corporation Employ…$117MBarnhart Crane & Rigging Company 401(k) Profit Sharing PlanBarnhart Crane & Rigging Com…$117MOnpoint Community Credit Union 401(k) PlanOnpoint Community Credit Uni…$117M
End-of-year total assets ($M) among Hagerty Insurance Agency, LLC Employee' 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Michigan filing particulars

Total Assets (Beginning of Year)$121M
Net Assets (End of Year)$117M
Net Income-$4M
Employer EIN880268247
Plan Effective Date1992-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hagerty Insurance Agency, LLC)

Sponsor-wide plan assets over time

All Hagerty Insurance Agency, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$163M 38.70367244000317% vs 2022
2024 filing year
$100M$120M$140M$160M$180M 202220232024 $117M $163M ▲ +38.7%
Year Plans Participants Total Assets
2022 1 1,490 $117M
2023 1 1,678 $135M
2024 1 1,588 $163M

Nearby 401(k) Plans in Michigan

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

Hagerty Insurance Agency, LLC Employee' 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -505101520 Total assets ($B) Participants Hagerty Insurance Agency, LLC Employee' 401(k) Plan, Total assets ($B): 0.117193065 · Participants: 1490Hagerty Insurance Agency, LLC Employee' 401(k) PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 18.071817726 · Participants: 43382General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 13.833597622 · Participants: 32974Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 9.307640951 · Participants: 16930The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 7.545889119 · Participants: 40458The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 6.44558193 · Participants: 57811Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Hagerty Insurance Agency, LLC Employee' 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Hagerty Insurance Agency, LLC Employee' 401(k) Plan side-by-side with 3 peers →

Hagerty Insurance Agency, LLC Employee' 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Rain Bird Corporation Employee Savings & Investment Plan in CA ($117M); by covered participants it is Cti Foods 401(k) Plan and Trust in TX (1,490 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,490 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 Hagerty Insurance Agency, LLC Employee' 401(k) Plan assets move in 2022? ▼
Hagerty Insurance Agency, LLC Employee' 401(k) Plan edged down modestly - down 3.3% during 2022, from $121M to $117M. Reported net income was -$4M.
How have Hagerty Insurance Agency, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Hagerty Insurance Agency, LLC's sponsor-wide assets grew 38.7%, from $117M to $163M.
Where does Hagerty Insurance Agency, LLC Employee' 401(k) Plan rank by assets among Form 5500 filers? ▼
Hagerty Insurance Agency, LLC Employee' 401(k) Plan ranks in the 94th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Hagerty Insurance Agency, LLC Employee' 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Rain Bird Corporation Employee Savings & Investment Plan in CA ($117M, 637 participants).
Which 401(k) plans cover a similar participant headcount to Hagerty Insurance Agency, LLC Employee' 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Cti Foods 401(k) Plan and Trust in TX (1,490 participants, $27M 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 880268247.

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.