401(k) · DOL Form 5500 · 2023

Donegal Mutual Insurance Company 401(k) Plan

Data updated 2026-08-25

$173M
Total assets Near avg plan size
869
Participants Near avg headcount
94th
Percentile by assets National rank
$199,098
Avg per participant Above avg balance/head
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Official DOL plan name: Donegal Mutual Insurance Company 401(k) Plan · Sponsored by Donegal Mutual Insurance Company · Pennsylvania · Finance & Insurance

$173M in assets, 869 participants

Donegal Mutual Insurance Company's Donegal Mutual Insurance Company 401(k) Plan reported $173M in total assets and 869 participants in its 2023 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.

  • #8,049 in Finance & Insurance (8,869 peers)

Where Donegal Mutual Insurance Company 401(k) Plan sits by assets

Donegal Mutual Insurance Company 401(k) Plan sits in the top 10% of all filed plans by assets, $173M for 869 participants (~$199,098/participant), up 15.8% in 2023.

#8,049
in Finance & Insurance (8,869 peers)
+15.8%
assets growth YoY
1.7×
vs typical plan assets (national mean)

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

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

End-of-year total assets · plan year 2023 · DOL Form 5500

$173,016,393 Top 6% higher than 94% of 127,068 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 2023

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

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Donegal Mutual Insurance Company 401(k) Plan sits mid-pack in the medium band (869 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Donegal Mutual Insurance Company 401(k) Plan reported net income rose from -$29M in the plan year 2022 filing to $24M in the plan year 2023 filing.
  • Donegal Mutual Insurance Company 401(k) Plan end-of-year assets rose from $149M in the plan year 2022 filing to $173M in the plan year 2023 filing.
  • Donegal Mutual Insurance Company 401(k) Plan reported participants rose from 837 in the plan year 2022 filing to 869 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 231336198 · Donegal Mutual Insurance Company PY 2023 · 401(k)

Donegal Mutual Insurance Company 401(k) Plan · $173M · 869 · 94th

  • PHOTO $173M
  • IND 869
  • EOY 94th
  • 5500 401(k)
  • ASSETS near Hush 401(k) Retirement Savings Plan
  • PCT ind #8049

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 Pennsylvania →

Donegal Mutual Insurance Company 401(k) Plan in the asset neighbourhood

Crowe & Dunlevy, a Professional Corporation, Profit Sharing and Thrift PlanCrowe & Dunlevy, a Professio…$173MHush 401(k) Retirement Savings PlanHush 401(k) Retirement Savin…$173MDonegal Mutual Insurance Company 401(k) PlanDonegal Mutual Insurance Com…$173MHoward County General Hospital, Inc. 401(k) PlanHoward County General Hospit…$173MGreystone 401(k) Savings Plan$173M
End-of-year total assets ($M) among Donegal Mutual Insurance Company 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$149M
Net Assets (End of Year)$173M
Net Income$24M
Employer EIN231336198
Plan Effective Date1998-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Donegal Mutual Insurance Company)

Sponsor-wide plan assets over time

All Donegal Mutual Insurance Company plans reported in each filing year

Latest sponsor-wide plan assets
$198M 32.63134619449977% vs 2022
2024 filing year
$140M$160M$180M$200M$220M 202220232024 $149M $198M ▲ +32.6%
Year Plans Participants Total Assets
2022 1 837 $149M
2023 1 869 $173M
2024 1 798 $198M

Nearby 401(k) Plans in Pennsylvania

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

Donegal Mutual Insurance Company 401(k) Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -50000050000100000 -505101520 Total assets ($B) Participants Donegal Mutual Insurance Company 401(k) Plan, Total assets ($B): 0.173016393 · Participants: 869Donegal Mutual Insurance Company 401(k) PlanComcast Corporation Retirement - Investment Plan, Total assets ($B): 17.368669862 · Participants: 93136Comcast Corporation Retirement - Investment PlanCigna 401(k) Plan, Total assets ($B): 13.003870935 · Participants: 66760Cigna 401(k) PlanThe Vanguard Retirement and Savings Plan, Total assets ($B): 9.765617477 · Participants: 18200The Vanguard Retirement and Savings PlanThe PNC Financial Services Group, Inc. Incentive Savings Plan, Total assets ($B): 9.339762 · Participants: 61697The PNC Financial Services Group, Inc. Incentive Savings PlanThe Bank of New York Mellon Corporation 401(k) Savings Plan, Total assets ($B): 8.955655142 · Participants: 25184The Bank of New York Mellon Corporation 401(k) Savings Plan
Donegal Mutual Insurance Company 401(k) Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants
Compare Donegal Mutual Insurance Company 401(k) Plan side-by-side with 3 peers →

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

Outside Pennsylvania, the nearest 401(k) by assets is Hush 401(k) Retirement Savings Plan in TX ($173M); by covered participants it is Freshly, Inc. 401(k) Retirement Plan in NY (869 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (869 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Donegal Mutual Insurance Company 401(k) Plan assets move in 2023? ▼
Donegal Mutual Insurance Company 401(k) Plan grew sharply - up 15.8% during 2023, from $149M to $173M. Reported net income was $24M.
How have Donegal Mutual Insurance Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Donegal Mutual Insurance Company's sponsor-wide assets grew 32.6%, from $149M to $198M.
Where does Donegal Mutual Insurance Company 401(k) Plan rank by assets among Form 5500 filers? ▼
Donegal Mutual Insurance Company 401(k) Plan ranks in the 94th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Donegal Mutual Insurance Company 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Hush 401(k) Retirement Savings Plan in TX ($173M, 1,357 participants).
Which 401(k) plans cover a similar participant headcount to Donegal Mutual Insurance Company 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Freshly, Inc. 401(k) Retirement Plan in NY (869 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 231336198.

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.