401(k) · DOL Form 5500 · 2024

Merchants Mutual Insurance Company 401(k) Plan

Data updated 2026-08-25

$79M
Total assets Below avg plan size
335
Participants Below avg headcount
89th
Percentile by assets National rank
$236,024
Avg per participant Above avg balance/head
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Official DOL plan name: Merchants Mutual Capital Accumulation Plan · Sponsored by Merchants Mutual Insurance Company · New York · Finance & Insurance

$79M in assets, 335 participants

Merchants Mutual Insurance Company's Merchants Mutual Capital Accumulation Plan reported $79M in total assets and 335 participants in its 2024 DOL Form 5500 filing, ranking in the 89th 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.

  • #7,044 in Finance & Insurance (8,549 peers)

Coverage in New York

Merchants Mutual Capital Accumulation Plan covers 335 participants in New York, about 42% of the average New York filer (state average ~798 per filing). Assets: $79M.

#7,044
in Finance & Insurance (8,549 peers)
+12.3%
assets growth YoY
0.8×
vs typical plan assets (national mean)

Merchants Mutual Capital Accumulation Plan's outsized position by total assets

Merchants Mutual Capital Accumulation Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$79,067,904 Top 11% higher than 89% 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

Merchants Mutual Capital Accumulation 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. Merchants Mutual Capital Accumulation Plan sits mid-pack in the medium band (335 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Merchants Mutual Capital Accumulation Plan reported net income rose from $6M in the plan year 2023 filing to $9M in the plan year 2024 filing.
  • Merchants Mutual Capital Accumulation Plan end-of-year assets rose from $70M in the plan year 2023 filing to $79M in the plan year 2024 filing.
  • Merchants Mutual Capital Accumulation Plan reported participants rose from 325 in the plan year 2023 filing to 335 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 160550140 · Merchants Mutual Insurance Company PY 2024 · 401(k)

Merchants Mutual Capital Accumulation Plan · $79M · 335 · 89th

  • 5500 $79M
  • ASSETS 335
  • PCT 89th
  • EIN 401(k)
  • RANK near Ubeo 401(k) Retirement Plan
  • PHOTO ind #7044

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 New York →

Merchants Mutual Capital Accumulation Plan in the asset neighbourhood

Mrc 401(k) Savings Plan$79MCenter for Primary Care, P.C. 401(k) PlanCenter for Primary Care, P.C…$79MMerchants Mutual Capital Accumulation PlanMerchants Mutual Capital Acc…$79MUbeo 401(k) Retirement Plan$79MKoerber Supply Chain Savings PlanKoerber Supply Chain Savings…$79M
End-of-year total assets ($M) among Merchants Mutual Capital Accumulation Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

New York filing particulars

Total Assets (Beginning of Year)$70M
Net Assets (End of Year)$79M
Net Income$9M
Employer EIN160550140
Plan Effective Date1980-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Merchants Mutual Insurance Company)

Sponsor-wide plan assets over time

All Merchants Mutual Insurance Company plans reported in each filing year

Latest sponsor-wide plan assets
$79M 23.03195623101878% vs 2022
2024 filing year
$60M$65M$70M$75M$80M$85M 202220232024 $64.3M $79.1M ▲ +23.0%
Year Plans Participants Total Assets
2022 1 321 $64M
2023 1 325 $70M
2024 1 335 $79M

Nearby 401(k) Plans in New York

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

Merchants Mutual Capital Accumulation Plan vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20020406080 Total assets ($B) Participants Merchants Mutual Capital Accumulation Plan, Total assets ($B): 0.079067904 · Participants: 335Merchants Mutual Capital Accumulation PlanIBM 401(k) Plan, Total assets ($B): 60.39355615 · Participants: 52674IBM 401(k) PlanMorgan Stanley 401(k) Plan, Total assets ($B): 22.180692974 · Participants: 53860Morgan Stanley 401(k) PlanPfizer Savings Plan, Total assets ($B): 21.9871528 · Participants: 33309Pfizer Savings PlanThe Pepsico Savings Plan, Total assets ($B): 14.9369507 · Participants: 137398The Pepsico Savings PlanThe Goldman Sachs 401(k) Plan, Total assets ($B): 12.807939404 · Participants: 23227The Goldman Sachs 401(k) Plan
Merchants Mutual Capital Accumulation Plan vs. nearby 401(k) plans in New York, assets vs. participants
Compare Merchants Mutual Capital Accumulation Plan side-by-side with 3 peers →

Merchants Mutual Capital Accumulation Plan's out-of-state 401(k) peers by assets and headcount

Outside New York, the nearest 401(k) by assets is Ubeo 401(k) Retirement Plan in TX ($79M); by covered participants it is Enstar (US) Inc. 401(k) Plan in FL (335 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($79M here).

Similar participant headcount

Nearest other-state filings by covered participants (335 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 Merchants Mutual Capital Accumulation Plan assets move in 2024? ▼
Merchants Mutual Capital Accumulation Plan grew at a solid clip - up 12.3% during 2024, from $70M to $79M. Reported net income was $9M.
How have Merchants Mutual Insurance Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Merchants Mutual Insurance Company's sponsor-wide assets grew 23.0%, from $64M to $79M.
Where does Merchants Mutual Capital Accumulation Plan rank by assets among Form 5500 filers? ▼
Merchants Mutual Capital Accumulation Plan ranks in the 89th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Merchants Mutual Capital Accumulation Plan? ▼
Among 401(k) plans in other states, the closest by assets is Ubeo 401(k) Retirement Plan in TX ($79M, 859 participants).
Which 401(k) plans cover a similar participant headcount to Merchants Mutual Capital Accumulation Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Enstar (US) Inc. 401(k) Plan in FL (335 participants, $134M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 160550140.

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.