401(k) · DOL Form 5500 · 2023

Mercury General Corporation 401(k) Plan

Data updated 2026-08-11

$815M
Total assets
4,178
Participants
98th
Percentile by assets
$195,051
Avg per participant
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Official DOL plan name: Mercury General Corporation Profit Sharing Plan · Sponsored by Mercury General Corporation · California · Finance & Insurance

$815M in assets, 4,178 participants

Mercury General Corporation's Mercury General Corporation Profit Sharing Plan reported $815M in total assets and 4,178 participants in its 2023 DOL Form 5500 filing, ranking in the 98th 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.

  • 98th percentile by assets (of 127,072 plans)
  • #8,597 in Finance & Insurance (8,869 peers)

Coverage in California

Mercury General Corporation Profit Sharing Plan covers 4,178 participants in California, 6.6x the typical California plan (state average ~630 per filing). Assets: $815M.

$815M
total plan assets (2023 EOY)
4,178
covered participants
98th
percentile by assets (of 127,072 plans)
$195,051
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Mercury General Corporation Profit Sharing Plan reported net income rose from -$172M in the plan year 2022 filing to $137M in the plan year 2023 filing.
  • Mercury General Corporation Profit Sharing Plan end-of-year assets rose from $678M in the plan year 2022 filing to $815M in the plan year 2023 filing.
  • Mercury General Corporation Profit Sharing Plan reported participants fell from 4,252 in the plan year 2022 filing to 4,178 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Participants vs California filers

In California, the average filing covers about 630 participants across 15,291 plans. Mercury General Corporation Profit Sharing Plan reports 4,178 participants - 6.6x that state average ($815M EOY assets).

California filing particulars

Total Assets (Beginning of Year)$678M
Net Assets (End of Year)$815M
Net Income$137M
Employer EIN952211612
Plan Effective Date1963-09-30
Filing StatusFILING RECEIVED

Sponsor Plan History (Mercury General Corporation)

$600M$700M$800M$900M$1,000M 202220232024 $678M $941M ▲ +38.8%
Total plan assets by year, all Mercury General Corporation plans on file
Year Plans Participants Total Assets
2022 1 4,252 $678M
2023 1 4,178 $815M
2024 1 4,131 $941M

Nearby 401(k) Plans in California

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

Mercury General Corporation Profit Sharing Plan vs. nearby 401(k) plans in California, assets vs. participants

Mercury General Corporation Profit Sharing Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Mercury General Corp…Wells Fargo & Compan…Google LLC 401(k) Sa…Oracle Corporation 4…Intel 401(k) Savings…Apple 401(k) Plan
Mercury General Corporation Profit Sharing Plan vs. nearby 401(k) plans in California, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Mercury General Corporation Profit Sharing Plan by total assets, not by location.

Frequently Asked Questions

How did Mercury General Corporation Profit Sharing Plan assets move in 2023?
Mercury General Corporation Profit Sharing Plan grew sharply - up 20.2% during 2023, from $678M to $815M. Reported net income was $137M.
How have Mercury General Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Mercury General Corporation's sponsor-wide assets grew 38.8%, from $678M to $941M.
Where does Mercury General Corporation Profit Sharing Plan rank by assets among Form 5500 filers?
Mercury General Corporation Profit Sharing Plan ranks in the 98th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Mercury General Corporation Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Ptc 401(k) Savings Plan in MA ($816M, 2,306 participants).

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Filing takeaways

Ways to act on Mercury General Corporation Profit Sharing Plan's numbers.