401(k) · DOL Form 5500 · 2024

Michigan Mutual, Inc. 401(k) Plan

Data updated 2026-08-25

$19M
Total assets Small plan by assets
229
Participants Below avg headcount
70th
Percentile by assets National rank
$84,220
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

$19M in assets, 229 participants

Michigan Mutual, Inc.'s Michigan Mutual Inc. 401(k) Plan reported $19M in total assets and 229 participants in its 2024 DOL Form 5500 filing, ranking in the 70th 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.

  • #4,643 in Finance & Insurance (8,549 peers)

Coverage in Michigan

Michigan Mutual Inc. 401(k) Plan covers 229 participants in Michigan, about 36% of the average Michigan filer (state average ~638 per filing). Assets: $19M.

#4,643
in Finance & Insurance (8,549 peers)
+16.4%
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 2024 · DOL Form 5500

$19,286,389 Top 30% higher than 70% of 123,620 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 2024

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

Plan-year 2024 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 (229 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Michigan Mutual Inc. 401(k) Plan reported net income rose from $2M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Michigan Mutual Inc. 401(k) Plan end-of-year assets rose from $17M in the plan year 2023 filing to $19M in the plan year 2024 filing.
  • Michigan Mutual Inc. 401(k) Plan reported participants fell from 234 in the plan year 2023 filing to 229 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 383092473 · Michigan Mutual, Inc. PY 2024 · 401(k)

Michigan Mutual Inc. 401(k) Plan · $19M · 229 · 70th

  • BOOK $19M
  • VS-ST 229
  • BOY 70th
  • SCH 401(k)
  • EBSA near Jack Schmitt Family of Dealerships, Inc. 401(k) Plan
  • PART ind #4643

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) …$19MJack Schmitt Family of Dealerships, Inc. 401(k) PlanJack Schmitt Family of Deale…$19MThe Envent Corporation Profit Sharing PlanThe Envent Corporation Profi…$19MGr Birdwell Construction, LP 401(k) Profit Sharing Plan & TrustGr Birdwell Construction, LP…$19MHumacyte Global 401(k) Plan$19M
End-of-year total assets ($M) among Michigan Mutual Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Michigan filing particulars

Total Assets (Beginning of Year)$17M
Net Assets (End of Year)$19M
Net Income$3M
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 -100102030 Total assets ($B) Participants Michigan Mutual Inc. 401(k) Plan, Total assets ($B): 0.019286389 · Participants: 229Michigan Mutual Inc. 401(k) PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 23.0591668 · Participants: 43053General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 17.26893589 · Participants: 31790Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 10.768606712 · Participants: 17128The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 9.568379082 · Participants: 42513The 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): 8.2932975 · Participants: 60497Ford 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 Jack Schmitt Family of Dealerships, Inc. 401(k) Plan in IL ($19M); by covered participants it is Hunter's Ambulance Savings & Retirement Plan in CT (229 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (229 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. 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 2024?
Michigan Mutual Inc. 401(k) Plan grew sharply - up 16.4% during 2024, from $17M to $19M. Reported net income was $3M.
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 Jack Schmitt Family of Dealerships, Inc. 401(k) Plan in IL ($19M, 166 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 Hunter's Ambulance Savings & Retirement Plan in CT (229 participants, N/A in assets).