401(k) · DOL Form 5500 · 2024

Mag Mutual Insurance Company 401(k) Plan

Data updated 2026-08-25

$64M
Total assets Below avg plan size
398
Participants Below avg headcount
87th
Percentile by assets National rank
$160,253
Avg per participant Above avg balance/head
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Official DOL plan name: Mag Mutual Insurance Company 401(k) Plan · Sponsored by Mag Mutual Insurance Company · Georgia · Finance & Insurance

$64M in assets, 398 participants

Mag Mutual Insurance Company's Mag Mutual Insurance Company 401(k) Plan reported $64M in total assets and 398 participants in its 2024 DOL Form 5500 filing, ranking in the 87th 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.

  • #6,796 in Finance & Insurance (8,549 peers)

Coverage in Georgia

Mag Mutual Insurance Company 401(k) Plan covers 398 participants in Georgia, about 36% of the average Georgia filer (state average ~1,096 per filing). Assets: $64M.

#6,796
in Finance & Insurance (8,549 peers)
+23.9%
assets growth YoY
0.6×
vs typical plan assets (national mean)

Mag Mutual Insurance Company 401(k) Plan's outsized position by total assets

Mag Mutual Insurance Company 401(k) Plan vs every filed plan by assets

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

$63,780,756 Top 13% higher than 87% 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

Mag Mutual Insurance Company 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. Mag Mutual Insurance Company 401(k) Plan sits mid-pack in the medium band (398 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Mag Mutual Insurance Company 401(k) Plan reported participants rose from 302 in the plan year 2023 filing to 398 in the plan year 2024 filing.
  • Mag Mutual Insurance Company 401(k) Plan end-of-year assets rose from $51M in the plan year 2023 filing to $64M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 581449198 · Mag Mutual Insurance Company PY 2024 · 401(k)

Mag Mutual Insurance Company 401(k) Plan · $64M · 398 · 87th

  • IND $64M
  • IND 398
  • IND 87th
  • IND 401(k)
  • IND near United Mine Workers of America 1974 Pension Trust Employees' 401(k) Plan
  • IND ind #6796

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 Georgia →

Mag Mutual Insurance Company 401(k) Plan in the asset neighbourhood

Mag Mutual Insurance Company 401(k) PlanMag Mutual Insurance Company…$64MUnited Mine Workers of America 1974 Pension Trust Employees' 401(k) PlanUnited Mine Workers of Ameri…$64MNeighborhood Health Plan of Rhode Island 401(k) PlanNeighborhood Health Plan of …$64MThe Arena Group Holdings, Inc. 401(k) PlanThe Arena Group Holdings, In…$64MCbm Retirement Investment and 401(k) PlanCbm Retirement Investment an…$64M
End-of-year total assets ($M) among Mag Mutual Insurance Company 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Georgia filing particulars

Total Assets (Beginning of Year)$51M
Net Assets (End of Year)$64M
Net Income$12M
Employer EIN581449198
Plan Effective Date1988-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Mag Mutual Insurance Company)

Sponsor-wide plan assets over time

All Mag Mutual Insurance Company plans reported in each filing year

Latest sponsor-wide plan assets
$135M 24.445543823971047% vs 2022
2024 filing year
$100M$110M$120M$130M$140M 202220232024 $108M $135M ▲ +24.4%
Year Plans Participants Total Assets
2022 2 346 $108M
2023 2 366 $124M
2024 2 457 $135M

Nearby 401(k) Plans in Georgia

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

Mag Mutual Insurance Company 401(k) Plan vs. nearby 401(k) plans in Georgia, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Mag Mutual Insurance Company 401(k) Plan, Total assets ($B): 0.063780756 · Participants: 398Mag Mutual Insurance Company 401(k) PlanThe Teamster - UPS National 401(k) Tax Deferred Savings Plan, Total assets ($B): 19.309174243 · Participants: 452126The Teamster - UPS National 401(k) Tax Deferred Savings PlanDelta 401(k) Retirement Plan, Total assets ($B): 18.985170319 · Participants: 89836Delta 401(k) Retirement PlanDelta 401(k) Retirement Plan for Pilots, Total assets ($B): 15.928334925 · Participants: 14473Delta 401(k) Retirement Plan for PilotsUPS 401(k) Savings Plan, Total assets ($B): 14.192071511 · Participants: 95250UPS 401(k) Savings PlanThe Home Depot Futurebuilder, Total assets ($B): 14.149677171 · Participants: 398464The Home Depot Futurebuilder
Mag Mutual Insurance Company 401(k) Plan vs. nearby 401(k) plans in Georgia, assets vs. participants
Compare Mag Mutual Insurance Company 401(k) Plan side-by-side with 3 peers →

Mag Mutual Insurance Company 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Georgia, the nearest 401(k) by assets is United Mine Workers of America 1974 Pension Trust Employees' 401(k) Plan in DC ($64M); by covered participants it is 403(b) Thrift Plan of Northwest New Jersey Community Action Program, Incorporated in NJ (398 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (398 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 Mag Mutual Insurance Company 401(k) Plan assets move in 2024? ▼
Mag Mutual Insurance Company 401(k) Plan grew sharply - up 23.9% during 2024, from $51M to $64M. Reported net income was $12M.
How have Mag Mutual Insurance Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Mag Mutual Insurance Company's sponsor-wide assets grew 24.4%, from $108M to $135M.
Where does Mag Mutual Insurance Company 401(k) Plan rank by assets among Form 5500 filers? ▼
Mag Mutual Insurance Company 401(k) Plan ranks in the 87th 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 Mag Mutual Insurance Company 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is United Mine Workers of America 1974 Pension Trust Employees' 401(k) Plan in DC ($64M, 151 participants).
Which 401(k) plans cover a similar participant headcount to Mag Mutual Insurance Company 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is 403(b) Thrift Plan of Northwest New Jersey Community Action Program, Incorporated in NJ (398 participants, $13M 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 581449198.

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.