401(k) · DOL Form 5500 · 2024

Amica Mutual Insurance Company 401(k) Plan

Data updated 2026-08-11

$989M
Total assets
3,528
Participants
98th
Percentile by assets
$280,250
Avg per participant
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Official DOL plan name: Amica 401(k) Retirement Savings Plan · Sponsored by Amica Mutual Insurance Company · Rhode Island · Finance & Insurance

$989M in assets, 3,528 participants

Amica Mutual Insurance Company's Amica 401(k) Retirement Savings Plan reported $989M in total assets and 3,528 participants in its 2024 DOL Form 5500 filing, ranking in the 98th 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.

  • 98th percentile by assets (of 123,622 plans)
  • #8,298 in Finance & Insurance (8,549 peers)

Coverage in Rhode Island

Amica 401(k) Retirement Savings Plan covers 3,528 participants in Rhode Island, 2.4x the typical Rhode Island plan (state average ~1,449 per filing). Assets: $989M.

$989M
total plan assets (2024 EOY)
3,528
covered participants
98th
percentile by assets (of 123,622 plans)
$280,250
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Amica 401(k) Retirement Savings Plan end-of-year assets rose from $877M in the plan year 2023 filing to $989M in the plan year 2024 filing.
  • Amica 401(k) Retirement Savings Plan reported net income fell from $124M in the plan year 2023 filing to $112M in the plan year 2024 filing.
  • Amica 401(k) Retirement Savings Plan reported participants rose from 3,456 in the plan year 2023 filing to 3,528 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. Amica 401(k) Retirement Savings Plan reports 3,528 participants - 2.4x that state average ($989M EOY assets).

Rhode Island filing particulars

Total Assets (Beginning of Year)$877M
Net Assets (End of Year)$989M
Net Income$112M
Employer EIN050348344
Plan Effective Date1980-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Amica Mutual Insurance Company)

$2.4B$2.5B$2.6B$2.7B 202220232024 $2.48B $2.65B ▲ +6.9%
Total plan assets by year, all Amica Mutual Insurance Company plans on file
Year Plans Participants Total Assets
2022 2 6,166 $2.5B
2023 2 5,794 $2.6B
2024 2 5,700 $2.7B

Nearby 401(k) Plans in Rhode Island

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

Amica 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Rhode Island, assets vs. participants

Amica 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Rhode Island, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -10010203040 Total assets ($B) Participants Amica 401(k) Retirem…CVS Health Future Fu…Textron Savings PlanCfg Retirement Savin…Unfi 401(k) PlanFactory Mutual Insur…
Amica 401(k) Retirement Savings 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 Amica 401(k) Retirement Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Amica 401(k) Retirement Savings Plan assets move in 2024?
Amica 401(k) Retirement Savings Plan grew at a solid clip - up 12.7% during 2024, from $877M to $989M. Reported net income was $112M.
How have Amica Mutual Insurance Company plan assets changed over time?
Across 3 plan years on file (2022-2024), Amica Mutual Insurance Company's sponsor-wide assets grew 7.0%, from $2.5B to $2.7B.
Where does Amica 401(k) Retirement Savings Plan rank by assets among Form 5500 filers?
Amica 401(k) Retirement Savings Plan ranks in the 98th 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 Amica 401(k) Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Yum Brands 401(k) Plan in KY ($990M, 22,260 participants).

Next read for Amica 401(k) Retirement Savings Plan

Filing takeaways

Ways to act on Amica 401(k) Retirement Savings Plan's numbers.