Profit Sharing
2023 plan-year Profit Sharing DOL Form 5500

Insurance Company Supported Organizations 401(k) Savings Plan

ERISA Form 5500 plan record drawn from DOL EBSA β€” verify with linked source filings below.

Sponsored by Massachusetts Property Insurance Underwriting Association Β· Massachusetts Β· Finance & Insurance

What the 2023 filing shows

Insurance Company Supported Organizations 401(k) Savings Plan holds $54M for 136 participants - about $397,249 per participant, up 19.2% over the 2023 plan year.

$54M
total plan assets (2023 EOY)
136
covered participants
$397,249
avg assets per participant
+19.2%
assets growth YoY
Total Assets (2023)
$54M
Participants
136
Industry
Finance & Insurance

What the Filing Says About Insurance Company Supported Organizations 401(k) Savings Plan

Insurance Company Supported Organizations 401(k) Savings Plan is a Profit Sharing retirement plan sponsored by Massachusetts Property Insurance Underwriting Association, headquartered in Massachusetts. As of the 2023 Form 5500 filing, the plan reports $54M in total end-of-year assets and covers 136 participants across the Finance & Insurance industry. The sponsor's EIN on file with the U.S. Department of Labor is 042503445, and the plan has been effective since 1978-05-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $45M at the beginning of 2023 to $54M at year-end β€” a gain of 19.2%. Net assets (after liabilities) closed the year at $54M, with reported net income of $9M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows β€” a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$45M
Total Assets (End of Year)$54M
Net Assets (End of Year)$54M
Net Income$9M
Plan TypeProfit Sharing
Employer EIN042503445
Plan Effective Date1978-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Massachusetts Property Insurance Underwriting Association)

Year Plans Participants Total Assets
2022 1 139 $45M
2023 1 136 $54M
2024 1 138 $59M

Nearby Profit Sharing Plans in Massachusetts

Peer Profit Sharing plans β€” same state, same plan type β€” ranked by total assets.

Frequently Asked Questions

How much money is in the Insurance Company Supported Organizations 401(k) Savings Plan?
As of the 2023 Form 5500 filing, Insurance Company Supported Organizations 401(k) Savings Plan holds $54M in total assets with 136 participants. It is sponsored by Massachusetts Property Insurance Underwriting Association.
What type of plan is Insurance Company Supported Organizations 401(k) Savings Plan?
Insurance Company Supported Organizations 401(k) Savings Plan is a Profit Sharing plan. It has been effective since 1978-05-01. The plan is filed with the U.S. Department of Labor under EIN 042503445.
Who sponsors the Insurance Company Supported Organizations 401(k) Savings Plan?
Insurance Company Supported Organizations 401(k) Savings Plan is sponsored by Massachusetts Property Insurance Underwriting Association, located in Massachusetts. The sponsor's EIN is 042503445 and the plan operates in the Finance & Insurance industry.
How did Insurance Company Supported Organizations 401(k) Savings Plan perform in 2023?
Insurance Company Supported Organizations 401(k) Savings Plan grew by 19.2% during 2023, moving from $45M to $54M in total assets. Net income was $9M.
Where can I find official filings for Insurance Company Supported Organizations 401(k) Savings Plan?
Official Form 5500 filings for Insurance Company Supported Organizations 401(k) Savings Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 042503445 or plan name at efast.dol.gov.
How does Insurance Company Supported Organizations 401(k) Savings Plan compare to other plans?
You can compare Insurance Company Supported Organizations 401(k) Savings Plan against other Profit Sharing plans on the plan type page, or view plans in Massachusetts on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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) β€” original filing retrieval by EIN 042503445.

Reference: IRS Publication 560 β€” Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B β€” Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.