401(k) · DOL Form 5500 · 2023
Boston Mutual Life Insurance Co. 401(k) Plan
Data updated 2026-08-11
- $86M
- Total assets
- 321
- Participants
- 90th
- Percentile by assets
- $266,899
- Avg per participant
Official DOL plan name: Boston Mutual Life 401(k) Plan for Salaried Employees · Sponsored by Boston Mutual Life Insurance Co. · Massachusetts · Finance & Insurance
$86M in assets, 321 participants
Boston Mutual Life Insurance Co.'s Boston Mutual Life 401(k) Plan for Salaried Employees reported $86M in total assets and 321 participants in its 2023 DOL Form 5500 filing, ranking in the 90th 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.
- 90th percentile by assets (of 127,072 plans)
- #7,542 in Finance & Insurance (8,869 peers)
Coverage in Massachusetts
Boston Mutual Life 401(k) Plan for Salaried Employees covers 321 participants in Massachusetts, about 49% of the average Massachusetts filer (state average ~659 per filing). Assets: $86M.
- $86M
- total plan assets (2023 EOY)
- 321
- covered participants
- 90th
- percentile by assets (of 127,072 plans)
- $266,899
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Boston Mutual Life 401(k) Plan for Salaried Employees reported net income rose from -$18M in the plan year 2022 filing to $14M in the plan year 2023 filing.
- Boston Mutual Life 401(k) Plan for Salaried Employees end-of-year assets rose from $72M in the plan year 2022 filing to $86M in the plan year 2023 filing.
- Boston Mutual Life 401(k) Plan for Salaried Employees reported participants rose from 290 in the plan year 2022 filing to 321 in the plan year 2023 filing.
Participants vs Massachusetts filers
In Massachusetts, the average filing covers about 659 participants across 4,265 plans. Boston Mutual Life 401(k) Plan for Salaried Employees reports 321 participants - about 49% of that state average ($86M EOY assets).
Massachusetts filing particulars
| Total Assets (Beginning of Year) | $72M |
|---|---|
| Net Assets (End of Year) | $86M |
| Net Income | $14M |
| Employer EIN | 041106240 |
| Plan Effective Date | 1987-04-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Boston Mutual Life Insurance Co.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 362 | $115M |
| 2023 | 2 | 388 | $129M |
| 2024 | 2 | 384 | $144M |
Nearby 401(k) Plans in Massachusetts
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Boston Mutual Life 401(k) Plan for Salaried Employees vs. nearby 401(k) plans in Massachusetts, assets vs. participants
- Fidelity Retirement Savings Plan $28.6B · 62,289
- Liberty Mutual 401(k) Plan $10.6B · 37,052
- Massachusetts Institute of Technology Supplemental 401(k) Plan $6.8B · 14,094
- Boston Scientific Corporation 401(k) Retirement Savings Plan $5.8B · 19,881
- Philips North America 401(k) Plan $5.8B · 19,120
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Boston Mutual Life 401(k) Plan for Salaried Employees by total assets, not by location.
Frequently Asked Questions
How did Boston Mutual Life 401(k) Plan for Salaried Employees assets move in 2023? ▼
How have Boston Mutual Life Insurance Co. plan assets changed over time? ▼
Where does Boston Mutual Life 401(k) Plan for Salaried Employees rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Boston Mutual Life 401(k) Plan for Salaried Employees? ▼
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Filing takeaways
Ways to act on Boston Mutual Life 401(k) Plan for Salaried Employees's numbers.
- By total assets, Boston Mutual Life 401(k) Plan for Salaried Employees 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 Massachusetts. Compare plans
- Boston Mutual Life Insurance Co.'s sponsor-wide assets have grown 26.0% since 2022 across 3 plan years on file. More Finance & Insurance plans