401(k) · DOL Form 5500 · 2023
Medical Professional Mutual Insurance Company 401(k) Plan
Data updated 2026-08-25
- $179M
- Total assets Near avg plan size
- 559
- Participants Below avg headcount
- 94th
- Percentile by assets National rank
- $321,020
- Avg per participant High balance/head
Official DOL plan name: Coverys 401(k) Retirement Plan · Sponsored by Medical Professional Mutual Insurance Company · Massachusetts · Finance & Insurance
$179M in assets, 559 participants
Medical Professional Mutual Insurance Company's Coverys 401(k) Retirement Plan reported $179M in total assets and 559 participants in its 2023 DOL Form 5500 filing, ranking in the 94th 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.
- #8,065 in Finance & Insurance (8,869 peers)
Where Coverys 401(k) Retirement Plan sits by assets
Coverys 401(k) Retirement Plan sits in the top 10% of all filed plans by assets, $179M for 559 participants (~$321,020/participant), up 20.1% in 2023.
- #8,065
- in Finance & Insurance (8,869 peers)
- +20.1%
- assets growth YoY
- 1.8×
- vs typical plan assets (national mean)
Coverys 401(k) Retirement Plan's outsized position by total assets
Coverys 401(k) Retirement Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$179,450,431 Top 6% higher than 94% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
Coverys 401(k) Retirement 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. Coverys 401(k) Retirement Plan sits mid-pack in the medium band (559 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Coverys 401(k) Retirement Plan reported net income rose from -$43M in the plan year 2022 filing to $28M in the plan year 2023 filing.
- Coverys 401(k) Retirement Plan end-of-year assets rose from $149M in the plan year 2022 filing to $179M in the plan year 2023 filing.
Form 5500 schedule snapshot
Filing strip 042595783 · Medical Professional Mutual Insurance Company PY 2023 · 401(k)
Coverys 401(k) Retirement Plan · $179M · 559 · 94th
- NET $179M
- BOOK 559
- VS-ST 94th
- BOY 401(k)
- SCH near Rogers Group, Inc.& Affiliates Retirement Savings Plan
- EBSA ind #8065
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 Massachusetts →
Coverys 401(k) Retirement Plan in the asset neighbourhood
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $149M |
|---|---|
| Net Assets (End of Year) | $179M |
| Net Income | $28M |
| Employer EIN | 042595783 |
| Plan Effective Date | 1989-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Medical Professional Mutual Insurance Company)
Sponsor-wide plan assets over time
All Medical Professional Mutual Insurance Company plans reported in each filing year
- Latest sponsor-wide plan assets
- $186M 24.758603645402722% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 556 | $149M |
| 2023 | 1 | 559 | $179M |
| 2024 | 1 | 575 | $186M |
Nearby 401(k) Plans in Massachusetts
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- 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
Coverys 401(k) Retirement Plan's out-of-state 401(k) peers by assets and headcount
Outside Massachusetts, the nearest 401(k) by assets is Rogers Group, Inc.& Affiliates Retirement Savings Plan in TN ($179M); by covered participants it is Remco, Inc. Employees 401(k) Plan in PA (559 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($179M here).
- Rogers Group, Inc.& Affiliates Retirement Savings Plan (TN) $179M · 2,761
- Tradition America Holdings, Inc. 401(k) Plan (NY) $179M · 440
- World Wrestling Entertainment, Inc. 401(k) Plan (CT) $179M · 883
- Si Group, Inc. Retirement and Savings Plan (TX) $180M · 909
Similar participant headcount
Nearest other-state filings by covered participants (559 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.