401(k) · DOL Form 5500 · 2024

Cumberland Mutual Fire Insurance Company 401(k) Plan

Data updated 2026-08-25

$36M
Total assets Below avg plan size
157
Participants Small participant base
80th
Percentile by assets National rank
$230,736
Avg per participant Above avg balance/head
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Official DOL plan name: Cumberland Insurance Group 401(k) Savings Plan · Sponsored by Cumberland Mutual Fire Insurance Company · New Jersey · Finance & Insurance

$36M in assets, 157 participants

Cumberland Mutual Fire Insurance Company's Cumberland Insurance Group 401(k) Savings Plan reported $36M in total assets and 157 participants in its 2024 DOL Form 5500 filing, ranking in the 80th 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.

  • #5,890 in Finance & Insurance (8,549 peers)

Coverage in New Jersey

Cumberland Insurance Group 401(k) Savings Plan covers 157 participants in New Jersey, about 19% of the average New Jersey filer (state average ~844 per filing). Assets: $36M.

#5,890
in Finance & Insurance (8,549 peers)
+11.6%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Cumberland Insurance Group 401(k) Savings Plan's outsized position by total assets

Cumberland Insurance Group 401(k) Savings Plan vs every filed plan by assets

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

$36,225,630 Top 20% higher than 80% 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

Cumberland Insurance Group 401(k) Savings 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. Cumberland Insurance Group 401(k) Savings Plan sits mid-pack in the medium band (157 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Cumberland Insurance Group 401(k) Savings Plan end-of-year assets rose from $32M in the plan year 2023 filing to $36M in the plan year 2024 filing.
  • Cumberland Insurance Group 401(k) Savings Plan reported net income rose from $4M in the plan year 2023 filing to $4M in the plan year 2024 filing.
  • Cumberland Insurance Group 401(k) Savings Plan reported participants rose from 149 in the plan year 2023 filing to 157 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 210434400 · Cumberland Mutual Fire Insurance Company PY 2024 · 401(k)

Cumberland Insurance Group 401(k) Savings Plan · $36M · 157 · 80th

  • TYPE $36M
  • NET 157
  • BOOK 80th
  • VS-ST 401(k)
  • BOY near Sparefoot, Inc. 401(k) Plan
  • SCH ind #5890

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 Jersey →

Cumberland Insurance Group 401(k) Savings Plan in the asset neighbourhood

Cumberland Insurance Group 401(k) Savings PlanCumberland Insurance Group 4…$36MSparefoot, Inc. 401(k) Plan$36MInfocision, Inc. 401(k) Plan$36MDavid Zwirner Inc 401(k) Profit Sharing Plan & TrustDavid Zwirner Inc 401(k) Pro…$36MVoith Employee Savings Plan for Bargaining Unit EmployeesVoith Employee Savings Plan …$36M
End-of-year total assets ($M) among Cumberland Insurance Group 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

New Jersey filing particulars

Total Assets (Beginning of Year)$32M
Net Assets (End of Year)$36M
Net Income$4M
Employer EIN210434400
Plan Effective Date1998-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Cumberland Mutual Fire Insurance Company)

Sponsor-wide plan assets over time

All Cumberland Mutual Fire Insurance Company plans reported in each filing year

Latest sponsor-wide plan assets
$36M 25.361279040010576% vs 2022
2024 filing year
$25M$30M$35M$40M 202220232024 $28.9M $36.2M ▲ +25.4%
Year Plans Participants Total Assets
2022 1 153 $29M
2023 1 149 $32M
2024 1 157 $36M

Nearby 401(k) Plans in New Jersey

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

Cumberland Insurance Group 401(k) Savings Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants Cumberland Insurance Group 401(k) Savings Plan, Total assets ($B): 0.03622563 · Participants: 157Cumberland Insurance Group 401(k) Savings PlanJPMorgan Chase 401(k) Savings Plan, Total assets ($B): 52.9134575 · Participants: 185532JPMorgan Chase 401(k) Savings PlanVerizon Savings Plan for Management Employees, Total assets ($B): 29.376133902 · Participants: 69218Verizon Savings Plan for Management EmployeesJohnson and Johnson Savings Plan, Total assets ($B): 23.58476515 · Participants: 42583Johnson and Johnson Savings PlanErnst & Young Retirement Savings Plan, Total assets ($B): 18.327167732 · Participants: 56714Ernst & Young Retirement Savings PlanMerck US Savings Plan, Total assets ($B): 14.970916966 · Participants: 27956Merck US Savings Plan
Cumberland Insurance Group 401(k) Savings Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants

Cumberland Insurance Group 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside New Jersey, the nearest 401(k) by assets is Sparefoot, Inc. 401(k) Plan in TX ($36M); by covered participants it is Otis It Inc in DE (157 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (157 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 Cumberland Insurance Group 401(k) Savings Plan assets move in 2024?
Cumberland Insurance Group 401(k) Savings Plan grew at a solid clip - up 11.6% during 2024, from $32M to $36M. Reported net income was $4M.
How have Cumberland Mutual Fire Insurance Company plan assets changed over time?
Across 3 plan years on file (2022-2024), Cumberland Mutual Fire Insurance Company's sponsor-wide assets grew 25.4%, from $29M to $36M.
Where does Cumberland Insurance Group 401(k) Savings Plan rank by assets among Form 5500 filers?
Cumberland Insurance Group 401(k) Savings Plan ranks in the 80th 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 Cumberland Insurance Group 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by assets is Sparefoot, Inc. 401(k) Plan in TX ($36M, 494 participants).
Which 401(k) plans cover a similar participant headcount to Cumberland Insurance Group 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by covered participants is Otis It Inc in DE (157 participants, $63K in assets).