401(k) · DOL Form 5500 · 2024

Frankenmuth Insurance Company 401(k) Plan

Data updated 2026-08-11

$232M
Total assets
853
Participants
95th
Percentile by assets
$271,740
Avg per participant
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Official DOL plan name: Frankenmuth Insurance 401(k) Savings Plan · Sponsored by Frankenmuth Insurance Company · Michigan · Finance & Insurance

$232M in assets, 853 participants

Frankenmuth Insurance Company's Frankenmuth Insurance 401(k) Savings Plan reported $232M in total assets and 853 participants in its 2024 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.

  • 95th percentile by assets (of 123,622 plans)
  • #7,839 in Finance & Insurance (8,549 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, $232M for 853 participants (~$271,740/participant), up 9.5% in 2024.

$232M
total plan assets (2024 EOY)
853
covered participants
95th
percentile by assets (of 123,622 plans)
$271,740
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Frankenmuth Insurance 401(k) Savings Plan reported net income fell from $30M in the plan year 2023 filing to $20M in the plan year 2024 filing.
  • Frankenmuth Insurance 401(k) Savings Plan end-of-year assets rose from $212M in the plan year 2023 filing to $232M in the plan year 2024 filing.
  • Frankenmuth Insurance 401(k) Savings Plan reported participants rose from 808 in the plan year 2023 filing to 853 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Frankenmuth Insurance 401(k) Savings Plan vs the 2024 asset distribution

By assets, Frankenmuth Insurance 401(k) Savings Plan outranks 95% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 2.3x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$212M
Net Assets (End of Year)$232M
Net Income$20M
Employer EIN380555290
Plan Effective Date1969-12-31
Filing StatusFILING RECEIVED

Sponsor Plan History (Frankenmuth Insurance Company)

$160M$180M$200M$220M$240M 202220232024 $181M $232M ▲ +27.7%
Total plan assets by year, all Frankenmuth Insurance Company plans on file
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

Frankenmuth Insurance 401(k) Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -100102030 Total assets ($B) Participants Frankenmuth Insuranc…General Motors Retir…Ford Motor Co. Savin…The Dow Chemical Com…The General Motors P…Ford Motor Co. Tax-E…
Frankenmuth Insurance 401(k) Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Frankenmuth Insurance 401(k) Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Frankenmuth Insurance 401(k) Savings Plan assets move in 2024?
Frankenmuth Insurance 401(k) Savings Plan grew at a solid clip - up 9.5% during 2024, from $212M to $232M. Reported net income was $20M.
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 123,622 plans that reported assets for plan year 2024 (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 Yancey Bros. Employees' 401(k) Profit Sharing Plan in GA ($232M, 1,833 participants).

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