401(k) · DOL Form 5500 · 2022

Hagerty Insurance Agency, LLC 401(k) Plan

Data updated 2026-08-11

$117M
Total assets: 1,490
Participants: 94th
Percentile by assets: $78,653
Avg per participant

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.

94th percentile by assets (of 139,126 plans)
#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.

$117M
total plan assets (2022 EOY): 1,490
covered participants: 94th
percentile by assets (of 139,126 plans): $78,653
avg assets per participant

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.

Where Hagerty Insurance Agency, LLC Employee' 401(k) Plan sits 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

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

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

State

Michigan

Industry

Finance & Insurance

Participants vs Michigan filers

In Michigan, the average filing covers about 638 participants across 4,220 plans. Hagerty Insurance Agency, LLC Employee' 401(k) Plan reports 1,490 participants - 2.3x that state average ($117M EOY assets).

Michigan filing particulars

Total Assets (Beginning of Year)	$121M
Net Assets (End of Year)	$117M
Net Income	-$4M
Employer EIN	880268247
Plan Effective Date	1992-11-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Hagerty Insurance Agency, LLC)

Total plan assets by year, all Hagerty Insurance Agency, LLC plans on file

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

General Motors Retirement Savings Plan for Salaried Employees in the United States $18.1B · 43,382
Ford Motor Co. Savings and Stock Investment Plan for Salaried Employees $13.8B · 32,974
The Dow Chemical Company Employees' Savings Plan $9.3B · 16,930
The General Motors Personal Savings Plan for Hourly-Rate Employees in the United States $7.5B · 40,458
Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees $6.4B · 57,811

Compare Hagerty Insurance Agency, LLC Employee' … side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Hagerty Insurance Agency, LLC Employee' 401(k) Plan by total assets, not by location.

Rain Bird Corporation Employee Savings & Investment Plan (CA) $117M · 637
Ferrero U.S.a., Inc. and Subsidiaries Profit Sharing and 401(k) Plan (NJ) $117M · 2,480
Barnhart Crane & Rigging Company 401(k) Profit Sharing Plan (TN) $117M · 800
Onpoint Community Credit Union 401(k) Plan (OR) $117M · 975

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).

Next read for Hagerty Insurance Agency, LLC Employee' …

Filing takeaways

Ways to act on Hagerty Insurance Agency, LLC Employee' 401(k) Plan's numbers.

By total assets, Hagerty Insurance Agency, LLC Employee' 401(k) Plan ranks in the top 10% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar 401(k) plans in Michigan. Compare plans
Hagerty Insurance Agency, LLC's sponsor-wide assets have grown 38.7% 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 880268247.