401(k) · DOL Form 5500 · 2023

Amica Mutual Insurance Company 401(k) Plan

Data updated 2026-08-25

$877M
Total assets Above avg plan size
3,456
Participants Above avg headcount
98th
Percentile by assets National rank
$253,789
Avg per participant Above avg balance/head
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Official DOL plan name: Amica 401(k) Retirement Savings Plan · Sponsored by Amica Mutual Insurance Company · Rhode Island · Finance & Insurance

$877M in assets, 3,456 participants

Amica Mutual Insurance Company's Amica 401(k) Retirement Savings Plan reported $877M in total assets and 3,456 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.

  • #8,618 in Finance & Insurance (8,869 peers)

Coverage in Rhode Island

Amica 401(k) Retirement Savings Plan covers 3,456 participants in Rhode Island, 2.4x the typical Rhode Island plan (state average ~1,449 per filing). Assets: $877M.

#8,618
in Finance & Insurance (8,869 peers)
+16.5%
assets growth YoY
8.8×
vs typical plan assets (national mean)

Amica 401(k) Retirement Savings Plan's outsized position by total assets

Amica 401(k) Retirement Savings Plan vs every filed plan by assets

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

$877,095,933 Top 2% higher than 98% 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

Amica 401(k) Retirement Savings Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Amica 401(k) Retirement Savings Plan lands in the large band (3,456 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Amica 401(k) Retirement Savings Plan reported net income rose from -$158M in the plan year 2022 filing to $124M in the plan year 2023 filing.
  • Amica 401(k) Retirement Savings Plan end-of-year assets rose from $753M in the plan year 2022 filing to $877M in the plan year 2023 filing.
  • Amica 401(k) Retirement Savings Plan reported participants rose from 3,416 in the plan year 2022 filing to 3,456 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 050348344 · Amica Mutual Insurance Company PY 2023 · 401(k)

Amica 401(k) Retirement Savings Plan · $877M · 3,456 · 98th

  • EBSA $877M
  • EBSA 3,456
  • EBSA 98th
  • EBSA 401(k)
  • EBSA near IBEW Local Union No. 126 Retirement Plan
  • EBSA ind #8618

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 Rhode Island →

Amica 401(k) Retirement Savings Plan in the asset neighbourhood

Assuredpartners 401(k) Plan$878MMorningstar, Inc. 401(k) Plan$878MAmica 401(k) Retirement Savings PlanAmica 401(k) Retirement Savi…$877MIBEW Local Union No. 126 Retirement PlanIBEW Local Union No. 126 Ret…$877MThe Terracon 401(k) and ESOP PlanThe Terracon 401(k) and ESOP…$877M
End-of-year total assets ($M) among Amica 401(k) Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Rhode Island filing particulars

Total Assets (Beginning of Year)$753M
Net Assets (End of Year)$877M
Net Income$124M
Employer EIN050348344
Plan Effective Date1980-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Amica Mutual Insurance Company)

Sponsor-wide plan assets over time

All Amica Mutual Insurance Company plans reported in each filing year

Latest sponsor-wide plan assets
$2.7B 6.956726883667345% vs 2022
2024 filing year
$2.4B$2.5B$2.6B$2.7B 202220232024 $2.48B $2.65B ▲ +6.9%
Year Plans Participants Total Assets
2022 2 6,166 $2.5B
2023 2 5,794 $2.6B
2024 2 5,700 $2.7B

Nearby 401(k) Plans in Rhode Island

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

Amica 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Rhode Island, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -100102030 Total assets ($B) Participants Amica 401(k) Retirement Savings Plan, Total assets ($B): 0.877095933 · Participants: 3456Amica 401(k) Retirement Savings PlanCVS Health Future Fund 401(k) Plan, Total assets ($B): 27.588812025 · Participants: 265760CVS Health Future Fund 401(k) PlanTextron Savings Plan, Total assets ($B): 5.714708993 · Participants: 26580Textron Savings PlanCfg Retirement Savings Plan, Total assets ($B): 2.930113664 · Participants: 19047Cfg Retirement Savings PlanUnfi 401(k) Plan, Total assets ($B): 2.65846631 · Participants: 25475Unfi 401(k) PlanFm Global 401(k) Savings Plan, Total assets ($B): 1.684102096 · Participants: 4295Fm Global 401(k) Savings Plan
Amica 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Rhode Island, assets vs. participants
Compare Amica 401(k) Retirement Savings Plan side-by-side with 3 peers →

Amica 401(k) Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Rhode Island, the nearest 401(k) by assets is IBEW Local Union No. 126 Retirement Plan in PA ($877M); by covered participants it is Akumin 401(k) Plan in FL (3,454 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($877M here).

Similar participant headcount

Nearest other-state filings by covered participants (3,456 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 Amica 401(k) Retirement Savings Plan assets move in 2023? ▼
Amica 401(k) Retirement Savings Plan grew sharply - up 16.5% during 2023, from $753M to $877M. Reported net income was $124M.
How have Amica Mutual Insurance Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Amica Mutual Insurance Company's sponsor-wide assets grew 7.0%, from $2.5B to $2.7B.
Where does Amica 401(k) Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Amica 401(k) Retirement Savings 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 Amica 401(k) Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is IBEW Local Union No. 126 Retirement Plan in PA ($877M, 3,465 participants).
Which 401(k) plans cover a similar participant headcount to Amica 401(k) Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Akumin 401(k) Plan in FL (3,454 participants, $153M 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 050348344.

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.