401(k) · DOL Form 5500 · 2023

Michigan Mutual, Inc. 401(k) Plan

Data updated 2026-08-25

$17M
Total assets Small plan by assets
234
Participants Below avg headcount
69th
Percentile by assets National rank
$70,801
Avg per participant Below avg balance/head
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Official DOL plan name: Michigan Mutual Inc. 401(k) Plan · Sponsored by Michigan Mutual, Inc. · Michigan · Finance & Insurance

$17M in assets, 234 participants

Michigan Mutual, Inc.'s Michigan Mutual Inc. 401(k) Plan reported $17M in total assets and 234 participants in its 2023 DOL Form 5500 filing, ranking in the 69th 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.

  • #4,857 in Finance & Insurance (8,869 peers)

Coverage in Michigan

Michigan Mutual Inc. 401(k) Plan covers 234 participants in Michigan, about 37% of the average Michigan filer (state average ~638 per filing). Assets: $17M.

#4,857
in Finance & Insurance (8,869 peers)
+14.9%
assets growth YoY

Michigan Mutual Inc. 401(k) Plan's outsized position by total assets

Michigan Mutual Inc. 401(k) Plan vs every filed plan by assets

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

$16,567,442 Top 31% higher than 69% 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

Michigan Mutual Inc. 401(k) Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Michigan Mutual Inc. 401(k) Plan sits mid-pack in the medium band (234 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Michigan Mutual Inc. 401(k) Plan reported net income rose from -$3M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Michigan Mutual Inc. 401(k) Plan reported participants fell from 300 in the plan year 2022 filing to 234 in the plan year 2023 filing.
  • Michigan Mutual Inc. 401(k) Plan end-of-year assets rose from $14M in the plan year 2022 filing to $17M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 383092473 · Michigan Mutual, Inc. PY 2023 · 401(k)

Michigan Mutual Inc. 401(k) Plan · $17M · 234 · 69th

  • PCT $17M
  • EIN 234
  • RANK 69th
  • PHOTO 401(k)
  • IND near Gt Sales and Mfg., Inc. 401(k) Plan
  • EOY ind #4857

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 Michigan →

Michigan Mutual Inc. 401(k) Plan in the asset neighbourhood

Michigan Mutual Inc. 401(k) PlanMichigan Mutual Inc. 401(k) …$17MGt Sales and Mfg., Inc. 401(k) PlanGt Sales and Mfg., Inc. 401(…$17MLegacy Service Partners, LLC 401(k) PlanLegacy Service Partners, LLC…$17MThe Rmh Group, Inc. Employee Savings 401(k) PlanThe Rmh Group, Inc. Employee…$17MMilender White 401(k) Profit Sharing PlanMilender White 401(k) Profit…$17M
End-of-year total assets ($M) among Michigan Mutual Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Michigan filing particulars

Total Assets (Beginning of Year)$14M
Net Assets (End of Year)$17M
Net Income$2M
Employer EIN383092473
Plan Effective Date1996-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Michigan Mutual, Inc.)

Sponsor-wide plan assets over time

All Michigan Mutual, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$19M 33.703565361117825% vs 2022
2024 filing year
$12M$14M$16M$18M$20M 202220232024 $14.4M $19.3M ▲ +33.8%
Year Plans Participants Total Assets
2022 1 300 $14M
2023 1 234 $17M
2024 1 229 $19M

Nearby 401(k) Plans in Michigan

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

Michigan Mutual Inc. 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510152025 Total assets ($B) Participants Michigan Mutual Inc. 401(k) Plan, Total assets ($B): 0.016567442 · Participants: 234Michigan Mutual Inc. 401(k) PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 20.378449285 · Participants: 47299General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 15.588575271 · Participants: 30516Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 10.084842211 · Participants: 18088The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 8.580684909 · Participants: 40393The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 7.617084451 · Participants: 59195Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Michigan Mutual Inc. 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

Michigan Mutual Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Gt Sales and Mfg., Inc. 401(k) Plan in KS ($17M); by covered participants it is Toyo Automotive 401(k) Plan in KY (234 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (234 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 Michigan Mutual Inc. 401(k) Plan assets move in 2023?
Michigan Mutual Inc. 401(k) Plan grew at a solid clip - up 14.9% during 2023, from $14M to $17M. Reported net income was $2M.
How have Michigan Mutual, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Michigan Mutual, Inc.'s sponsor-wide assets grew 33.7%, from $14M to $19M.
Which 401(k) plans are similar in size to Michigan Mutual Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Gt Sales and Mfg., Inc. 401(k) Plan in KS ($17M, 156 participants).
Which 401(k) plans cover a similar participant headcount to Michigan Mutual Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Toyo Automotive 401(k) Plan in KY (234 participants, N/A in assets).