401(k) · DOL Form 5500 · 2023

The Beacon Mutual Insurance Company 401(k) Plan

Data updated 2026-08-11

$99M
Total assets
157
Participants
91st
Percentile by assets
$633,354
Avg per participant
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Official DOL plan name: Beacon Mutual Insurance Company 401(k) Plan · Sponsored by The Beacon Mutual Insurance Company · Rhode Island · Finance & Insurance

$99M in assets, 157 participants

The Beacon Mutual Insurance Company's Beacon Mutual Insurance Company 401(k) Plan reported $99M in total assets and 157 participants in its 2023 DOL Form 5500 filing, ranking in the 91st 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.

  • 91st percentile by assets (of 127,072 plans)
  • #7,672 in Finance & Insurance (8,869 peers)

Coverage in Rhode Island

Beacon Mutual Insurance Company 401(k) Plan covers 157 participants in Rhode Island, about 11% of the average Rhode Island filer (state average ~1,449 per filing). Assets: $99M.

$99M
total plan assets (2023 EOY)
157
covered participants
91st
percentile by assets (of 127,072 plans)
$633,354
avg assets per participant

Where Beacon Mutual Insurance Company 401(k) Plan sits by total assets

Beacon Mutual Insurance Company 401(k) Plan vs every filed plan by assets

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

$99,436,550 Top 9% higher than 91% of 127,068 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Beacon Mutual Insurance Company 401(k) Plan reported net income rose from -$20M in the plan year 2022 filing to $8M in the plan year 2023 filing.
  • Beacon Mutual Insurance Company 401(k) Plan end-of-year assets rose from $91M in the plan year 2022 filing to $99M in the plan year 2023 filing.
  • Beacon Mutual Insurance Company 401(k) Plan reported participants fell from 162 in the plan year 2022 filing to 157 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Rhode Island
Industry
Finance & Insurance

Participants vs Rhode Island filers

In Rhode Island, the average filing covers about 1,449 participants across 434 plans. Beacon Mutual Insurance Company 401(k) Plan reports 157 participants - about 11% of that state average ($99M EOY assets).

Rhode Island filing particulars

Total Assets (Beginning of Year)$91M
Net Assets (End of Year)$99M
Net Income$8M
Employer EIN050458697
Plan Effective Date1992-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Beacon Mutual Insurance Company)

$80M$90M$100M$110M$120M 202220232024 $91.1M $108M ▲ +18.9%
Total plan assets by year, all The Beacon Mutual Insurance Company plans on file
Year Plans Participants Total Assets
2022 1 162 $91M
2023 1 157 $99M
2024 1 157 $108M

Nearby 401(k) Plans in Rhode Island

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

Beacon Mutual Insurance Company 401(k) Plan vs. nearby 401(k) plans in Rhode Island, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -100102030 Total assets ($B) Participants Beacon Mutual Insura…, Total assets ($B): 0.09943655 · Participants: 157Beacon Mutual Insura…CVS Health Future Fu…, Total assets ($B): 27.588812025 · Participants: 265760CVS Health Future Fu…Textron Savings Plan, Total assets ($B): 5.714708993 · Participants: 26580Textron Savings PlanCfg Retirement Savin…, Total assets ($B): 2.930113664 · Participants: 19047Cfg Retirement Savin…Unfi 401(k) Plan, Total assets ($B): 2.65846631 · Participants: 25475Unfi 401(k) PlanFm Global 401(k) Sav…, Total assets ($B): 1.684102096 · Participants: 4295Fm Global 401(k) Sav…
Beacon Mutual Insurance Company 401(k) Plan vs. nearby 401(k) plans in Rhode Island, assets vs. participants
Compare Beacon Mutual Insurance Company 401(k) P… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Beacon Mutual Insurance Company 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Beacon Mutual Insurance Company 401(k) Plan assets move in 2023? ▼
Beacon Mutual Insurance Company 401(k) Plan grew at a solid clip - up 9.1% during 2023, from $91M to $99M. Reported net income was $8M.
How have The Beacon Mutual Insurance Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), The Beacon Mutual Insurance Company's sponsor-wide assets grew 18.9%, from $91M to $108M.
Where does Beacon Mutual Insurance Company 401(k) Plan rank by assets among Form 5500 filers? ▼
Beacon Mutual Insurance Company 401(k) Plan ranks in the 91st percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Beacon Mutual Insurance Company 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Sid Dillon 401(k) Plan in NE ($99M, 693 participants).

Next read for Beacon Mutual Insurance Company 401(k) P…

Filing takeaways

Ways to act on Beacon Mutual Insurance Company 401(k) Plan's numbers.

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 050458697.

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.