401(k) · DOL Form 5500 · 2023

Hagerty Insurance Agency, LLC 401(k) Plan

Data updated 2026-08-25

$135M
Total assets Near avg plan size
1,678
Participants Near avg headcount
93rd
Percentile by assets National rank
$80,573
Avg per participant Below avg balance/head
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Official DOL plan name: Hagerty Insurance Agency, LLC Employee' 401(k) Plan · Sponsored by Hagerty Insurance Agency, LLC · Michigan · Finance & Insurance

$135M in assets, 1,678 participants

Hagerty Insurance Agency, LLC's Hagerty Insurance Agency, LLC Employee' 401(k) Plan reported $135M in total assets and 1,678 participants in its 2023 DOL Form 5500 filing, ranking in the 93rd 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.

  • #7,898 in Finance & Insurance (8,869 peers)

Coverage in Michigan

Hagerty Insurance Agency, LLC Employee' 401(k) Plan covers 1,678 participants in Michigan, 2.6x the typical Michigan plan (state average ~638 per filing). Assets: $135M.

#7,898
in Finance & Insurance (8,869 peers)
+15.4%
assets growth YoY
1.4×
vs typical plan assets (national mean)

Hagerty Insurance Agency, LLC Employee' 401(k) Plan's outsized position by total assets

Hagerty Insurance Agency, LLC Employee' 401(k) Plan vs every filed plan by assets

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

$135,201,039 Top 7% higher than 93% 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

Hagerty Insurance Agency, LLC Employee' 401(k) 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. Hagerty Insurance Agency, LLC Employee' 401(k) Plan lands in the large band (1,678 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Hagerty Insurance Agency, LLC Employee' 401(k) Plan reported net income rose from -$4M in the plan year 2022 filing to $18M in the plan year 2023 filing.
  • Hagerty Insurance Agency, LLC Employee' 401(k) Plan end-of-year assets rose from $117M in the plan year 2022 filing to $135M in the plan year 2023 filing.
  • Hagerty Insurance Agency, LLC Employee' 401(k) Plan reported participants rose from 1,490 in the plan year 2022 filing to 1,678 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 880268247 · Hagerty Insurance Agency, LLC PY 2023 · 401(k)

Hagerty Insurance Agency, LLC Employee' 401(k) Plan · $135M · 1,678 · 93rd

  • PART $135M
  • PART 1,678
  • PART 93rd
  • PART 401(k)
  • PART near Deckers Outdoor Corporation 401(k) Plan
  • PART ind #7898

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 →

Hagerty Insurance Agency, LLC Employee' 401(k) Plan in the asset neighbourhood

Deckers Outdoor Corporation 401(k) PlanDeckers Outdoor Corporation …$135MKubota Tractor 401(k) Plan$135MHagerty Insurance Agency, LLC Employee' 401(k) PlanHagerty Insurance Agency, LL…$135MEndress+Hauser Inc. Employees 401(k)/Retirement Savings PlanEndress+Hauser Inc. Employee…$135MIrving 401(k) Plan$135M
End-of-year total assets ($M) among Hagerty Insurance Agency, LLC Employee' 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Michigan filing particulars

Total Assets (Beginning of Year)$117M
Net Assets (End of Year)$135M
Net Income$18M
Employer EIN880268247
Plan Effective Date1992-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hagerty Insurance Agency, LLC)

Sponsor-wide plan assets over time

All Hagerty Insurance Agency, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$163M 38.70367244000317% vs 2022
2024 filing year
$100M$120M$140M$160M$180M 202220232024 $117M $163M ▲ +38.7%
Year Plans Participants Total Assets
2022 1 1,490 $117M
2023 1 1,678 $135M
2024 1 1,588 $163M

Nearby 401(k) Plans in Michigan

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

Hagerty Insurance Agency, LLC Employee' 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510152025 Total assets ($B) Participants Hagerty Insurance Agency, LLC Employee' 401(k) Plan, Total assets ($B): 0.135201039 · Participants: 1678Hagerty Insurance Agency, LLC Employee' 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
Hagerty Insurance Agency, LLC Employee' 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

Hagerty Insurance Agency, LLC Employee' 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Deckers Outdoor Corporation 401(k) Plan in CA ($135M); by covered participants it is Iherb 401(k) Plan in CA (1,678 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($135M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,678 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 Hagerty Insurance Agency, LLC Employee' 401(k) Plan assets move in 2023?
Hagerty Insurance Agency, LLC Employee' 401(k) Plan grew sharply - up 15.4% during 2023, from $117M to $135M. Reported net income was $18M.
How have Hagerty Insurance Agency, LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Hagerty Insurance Agency, LLC's sponsor-wide assets grew 38.7%, from $117M to $163M.
Where does Hagerty Insurance Agency, LLC Employee' 401(k) Plan rank by assets among Form 5500 filers?
Hagerty Insurance Agency, LLC Employee' 401(k) Plan ranks in the 93rd 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 Hagerty Insurance Agency, LLC Employee' 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Deckers Outdoor Corporation 401(k) Plan in CA ($135M, 1,742 participants).
Which 401(k) plans cover a similar participant headcount to Hagerty Insurance Agency, LLC Employee' 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Iherb 401(k) Plan in CA (1,678 participants, $85M in assets).