401(k) · DOL Form 5500 · 2023

Frankenmuth Insurance Company 401(k) Plan

Data updated 2026-08-25

$212M
Total assets Near avg plan size
808
Participants Near avg headcount
95th
Percentile by assets National rank
$261,989
Avg per participant Above avg balance/head
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Official DOL plan name: Frankenmuth Insurance 401(k) Savings Plan · Sponsored by Frankenmuth Insurance Company · Michigan · Finance & Insurance

$212M in assets, 808 participants

Frankenmuth Insurance Company's Frankenmuth Insurance 401(k) Savings Plan reported $212M in total assets and 808 participants in its 2023 DOL Form 5500 filing, ranking in the 95th 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.

  • #8,150 in Finance & Insurance (8,869 peers)

Where Frankenmuth Insurance 401(k) Savings Plan sits by assets

Frankenmuth Insurance 401(k) Savings Plan sits in the top 5% of all filed plans by assets, $212M for 808 participants (~$261,989/participant), up 16.6% in 2023.

#8,150
in Finance & Insurance (8,869 peers)
+16.6%
assets growth YoY
2.1×
vs typical plan assets (national mean)

Frankenmuth Insurance 401(k) Savings Plan's outsized position by total assets

Frankenmuth Insurance 401(k) Savings Plan vs every filed plan by assets

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

$211,687,040 Top 5% higher than 95% 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

Frankenmuth Insurance 401(k) Savings 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. Frankenmuth Insurance 401(k) Savings Plan sits mid-pack in the medium band (808 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Frankenmuth Insurance 401(k) Savings Plan reported net income rose from -$51M in the plan year 2022 filing to $30M in the plan year 2023 filing.
  • Frankenmuth Insurance 401(k) Savings Plan end-of-year assets rose from $181M in the plan year 2022 filing to $212M in the plan year 2023 filing.
  • Frankenmuth Insurance 401(k) Savings Plan reported participants rose from 782 in the plan year 2022 filing to 808 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 380555290 · Frankenmuth Insurance Company PY 2023 · 401(k)

Frankenmuth Insurance 401(k) Savings Plan · $212M · 808 · 95th

  • RANK $212M
  • RANK 808
  • RANK 95th
  • RANK 401(k)
  • RANK near Satellite Healthcare, Inc. 403(b) Retirement Plan
  • RANK ind #8150

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 →

Frankenmuth Insurance 401(k) Savings Plan in the asset neighbourhood

Grayrobinson 401(k) Plan$212MThe Good Samaritan Hospital 401(k) Retirement Savings PlanThe Good Samaritan Hospital …$212MFrankenmuth Insurance 401(k) Savings PlanFrankenmuth Insurance 401(k)…$212MSatellite Healthcare, Inc. 403(b) Retirement PlanSatellite Healthcare, Inc. 4…$212MRed Ventures, LLC 401(k) Plan$212M
End-of-year total assets ($M) among Frankenmuth Insurance 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$181M
Net Assets (End of Year)$212M
Net Income$30M
Employer EIN380555290
Plan Effective Date1969-12-31
Filing StatusFILING RECEIVED

Sponsor Plan History (Frankenmuth Insurance Company)

Sponsor-wide plan assets over time

All Frankenmuth Insurance Company plans reported in each filing year

Latest sponsor-wide plan assets
$232M 27.716377034899637% vs 2022
2024 filing year
$160M$180M$200M$220M$240M 202220232024 $181M $232M ▲ +27.7%
Year Plans Participants Total Assets
2022 2 1,032 $181M
2023 1 808 $212M
2024 1 853 $232M

Nearby 401(k) Plans in Michigan

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

Frankenmuth Insurance 401(k) Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510152025 Total assets ($B) Participants Frankenmuth Insurance 401(k) Savings Plan, Total assets ($B): 0.21168704 · Participants: 808Frankenmuth Insurance 401(k) Savings 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
Frankenmuth Insurance 401(k) Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

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

Outside Michigan, the nearest 401(k) by assets is Satellite Healthcare, Inc. 403(b) Retirement Plan in CA ($212M); by covered participants it is Capital City Bank Group, Inc. 401(k) Plan in FL (808 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($212M here).

Similar participant headcount

Nearest other-state filings by covered participants (808 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 Frankenmuth Insurance 401(k) Savings Plan assets move in 2023?
Frankenmuth Insurance 401(k) Savings Plan grew sharply - up 16.6% during 2023, from $181M to $212M. Reported net income was $30M.
How have Frankenmuth Insurance Company plan assets changed over time?
Across 3 plan years on file (2022-2024), Frankenmuth Insurance Company's sponsor-wide assets grew 27.7%, from $181M to $232M.
Where does Frankenmuth Insurance 401(k) Savings Plan rank by assets among Form 5500 filers?
Frankenmuth Insurance 401(k) Savings Plan ranks in the 95th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Frankenmuth Insurance 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by assets is Satellite Healthcare, Inc. 403(b) Retirement Plan in CA ($212M, 2,400 participants).
Which 401(k) plans cover a similar participant headcount to Frankenmuth Insurance 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by covered participants is Capital City Bank Group, Inc. 401(k) Plan in FL (808 participants, $48M in assets).