401(k) · DOL Form 5500 · 2024

The Beacon Mutual Insurance Company 401(k) Plan

Data updated 2026-08-11

$108M
Total assets
157
Participants
91st
Percentile by assets
$690,221
Avg per participant
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Official DOL plan name: Beacon Mutual Insurance Company 401(k) Plan · Sponsored by The Beacon Mutual Insurance Company · Rhode Island · Finance & Insurance

$108M in assets, 157 participants

The Beacon Mutual Insurance Company's Beacon Mutual Insurance Company 401(k) Plan reported $108M in total assets and 157 participants in its 2024 DOL Form 5500 filing, ranking in the 91st 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.

  • 91st percentile by assets (of 123,622 plans)
  • #7,347 in Finance & Insurance (8,549 peers)

Coverage in Rhode Island

Beacon Mutual Insurance Company 401(k) Plan covers 157 participants in Rhode Island, about 11% of the average Rhode Island filer (state average ~1,449 per filing). Assets: $108M.

$108M
total plan assets (2024 EOY)
157
covered participants
91st
percentile by assets (of 123,622 plans)
$690,221
avg assets per participant

Where Beacon Mutual Insurance Company 401(k) Plan sits by total assets

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

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

$108,364,697 Top 9% higher than 91% of 123,620 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Beacon Mutual Insurance Company 401(k) Plan end-of-year assets rose from $99M in the plan year 2023 filing to $108M in the plan year 2024 filing.
  • Beacon Mutual Insurance Company 401(k) Plan reported net income rose from $8M in the plan year 2023 filing to $9M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Participants vs Rhode Island filers

In Rhode Island, the average filing covers about 1,449 participants across 434 plans. Beacon Mutual Insurance Company 401(k) Plan reports 157 participants - about 11% of that state average ($108M EOY assets).

Rhode Island filing particulars

Total Assets (Beginning of Year)$99M
Net Assets (End of Year)$108M
Net Income$9M
Employer EIN050458697
Plan Effective Date1992-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Beacon Mutual Insurance Company)

$80M$90M$100M$110M$120M 202220232024 $91.1M $108M ▲ +18.9%
Total plan assets by year, all The Beacon Mutual Insurance Company plans on file
Year Plans Participants Total Assets
2022 1 162 $91M
2023 1 157 $99M
2024 1 157 $108M

Nearby 401(k) Plans in Rhode Island

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

Beacon Mutual Insurance Company 401(k) Plan vs. nearby 401(k) plans in Rhode Island, assets vs. participants

Beacon Mutual Insurance Company 401(k) Plan vs. nearby 401(k) plans in Rhode Island, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -10010203040 Total assets ($B) Participants Beacon Mutual Insura…CVS Health Future Fu…Textron Savings PlanCfg Retirement Savin…Unfi 401(k) PlanFactory Mutual Insur…
Beacon Mutual Insurance Company 401(k) Plan vs. nearby 401(k) plans in Rhode Island, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Beacon Mutual Insurance Company 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Beacon Mutual Insurance Company 401(k) Plan assets move in 2024?
Beacon Mutual Insurance Company 401(k) Plan grew at a solid clip - up 9.0% during 2024, from $99M to $108M. Reported net income was $9M.
How have The Beacon Mutual Insurance Company plan assets changed over time?
Across 3 plan years on file (2022-2024), The Beacon Mutual Insurance Company's sponsor-wide assets grew 18.9%, from $91M to $108M.
Where does Beacon Mutual Insurance Company 401(k) Plan rank by assets among Form 5500 filers?
Beacon Mutual Insurance Company 401(k) Plan ranks in the 91st percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Beacon Mutual Insurance Company 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is American Well Corporation 401(k) Plan in MA ($108M, 1,047 participants).

Next read for Beacon Mutual Insurance Company 401(k) P…

Filing takeaways

Ways to act on Beacon Mutual Insurance Company 401(k) Plan's numbers.