401(k) · DOL Form 5500 · 2023

Factory Mutual Insurance Company 401(k) Plan

Data updated 2026-08-25

$1.7B
Total assets Very large vs avg
4,295
Participants Above avg headcount
99th
Percentile by assets National rank
$392,108
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Fm Global 401(k) Savings Plan · Sponsored by Factory Mutual Insurance Company · Rhode Island · Finance & Insurance

$1.7B in assets, 4,295 participants

Factory Mutual Insurance Company's Fm Global 401(k) Savings Plan reported $1.7B in total assets and 4,295 participants in its 2023 DOL Form 5500 filing, ranking in the 99th 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.

  • #8,722 in Finance & Insurance (8,869 peers)

Coverage in Rhode Island

Fm Global 401(k) Savings Plan covers 4,295 participants in Rhode Island, 3.0x the typical Rhode Island plan (state average ~1,449 per filing). Assets: $1.7B.

#8,722
in Finance & Insurance (8,869 peers)
+17.8%
assets growth YoY
17×
vs typical plan assets (national mean)

Fm Global 401(k) Savings Plan's outsized position by total assets

Fm Global 401(k) Savings Plan vs every filed plan by assets

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

$1,684,102,096 Top 1% higher than 99% 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

Fm Global 401(k) 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. Fm Global 401(k) Savings Plan lands in the large band (4,295 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Fm Global 401(k) Savings Plan reported net income rose from -$408M in the plan year 2022 filing to $254M in the plan year 2023 filing.
  • Fm Global 401(k) Savings Plan end-of-year assets rose from $1.4B in the plan year 2022 filing to $1.7B in the plan year 2023 filing.
  • Fm Global 401(k) Savings Plan reported participants rose from 3,865 in the plan year 2022 filing to 4,295 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 050316605 · Factory Mutual Insurance Company PY 2023 · 401(k)

Fm Global 401(k) Savings Plan · $1.7B · 4,295 · 99th

  • PCT $1.7B
  • EIN 4,295
  • RANK 99th
  • PHOTO 401(k)
  • IND near Bdo USA Retirement Plan
  • EOY ind #8722

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 →

Fm Global 401(k) Savings Plan in the asset neighbourhood

Keurig Dr Pepper 401(k) Plan$1.7BArcadis U.S., Inc. Retirement Savings PlanArcadis U.S., Inc. Retiremen…$1.7BFm Global 401(k) Savings Plan$1.7BBdo USA Retirement Plan$1.7BMondelez Global LLC Thrift PlanMondelez Global LLC Thrift P…$1.7B
End-of-year total assets ($B) among Fm Global 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Rhode Island filing particulars

Total Assets (Beginning of Year)$1.4B
Net Assets (End of Year)$1.7B
Net Income$254M
Employer EIN050316605
Plan Effective Date1977-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Factory Mutual Insurance Company)

Sponsor-wide plan assets over time

All Factory Mutual Insurance Company plans reported in each filing year

Latest sponsor-wide plan assets
$4.9B 20.952006488937418% vs 2022
2024 filing year
$4B$4.5B$5B$5.5B 202220232024 $4.09B $4.94B ▲ +20.8%
Year Plans Participants Total Assets
2022 2 7,463 $4.1B
2023 2 7,773 $4.6B
2024 2 7,661 $4.9B

Nearby 401(k) Plans in Rhode Island

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

Fm Global 401(k) Savings Plan vs. nearby 401(k) plans in Rhode Island, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -100102030 Total assets ($B) Participants Fm Global 401(k) Savings Plan, Total assets ($B): 1.684102096 · Participants: 4295Fm Global 401(k) 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) PlanIgt 401(k) Retirement Savings Plan, Total assets ($B): 1.227310466 · Participants: 5645Igt 401(k) Retirement Savings Plan
Fm Global 401(k) Savings Plan vs. nearby 401(k) plans in Rhode Island, assets vs. participants
Compare Fm Global 401(k) Savings Plan side-by-side with 3 peers →

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

Outside Rhode Island, the nearest 401(k) by assets is Bdo USA Retirement Plan in IL ($1.7B); by covered participants it is Hopebridge, LLC 401(k) Plan in IN (4,295 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($1.7B here).

Similar participant headcount

Nearest other-state filings by covered participants (4,295 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 Fm Global 401(k) Savings Plan assets move in 2023? ▼
Fm Global 401(k) Savings Plan grew sharply - up 17.8% during 2023, from $1.4B to $1.7B. Reported net income was $254M.
How have Factory Mutual Insurance Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Factory Mutual Insurance Company's sponsor-wide assets grew 21.0%, from $4.1B to $4.9B.
Where does Fm Global 401(k) Savings Plan rank by assets among Form 5500 filers? ▼
Fm Global 401(k) Savings Plan ranks in the 99th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Fm Global 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Bdo USA Retirement Plan in IL ($1.7B, 10,375 participants).
Which 401(k) plans cover a similar participant headcount to Fm Global 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Hopebridge, LLC 401(k) Plan in IN (4,295 participants, $10M 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 050316605.

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.