401(k) · DOL Form 5500 · 2024

Factory Mutual Insurance Company 401(k) Plan

Data updated 2026-08-25

$1.9B
Total assets Very large vs avg
4,005
Participants Above avg headcount
99th
Percentile by assets National rank
$478,469
Avg per participant High balance/head
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Official DOL plan name: Factory Mutual Insurance Company 401(k) Savings Plan · Sponsored by Factory Mutual Insurance Company · Rhode Island · Finance & Insurance

$1.9B in assets, 4,005 participants

Factory Mutual Insurance Company's Factory Mutual Insurance Company 401(k) Savings Plan reported $1.9B in total assets and 4,005 participants in its 2024 DOL Form 5500 filing, ranking in the 99th 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.

  • #8,408 in Finance & Insurance (8,549 peers)

Coverage in Rhode Island

Factory Mutual Insurance Company 401(k) Savings Plan covers 4,005 participants in Rhode Island, 2.8x the typical Rhode Island plan (state average ~1,449 per filing). Assets: $1.9B.

#8,408
in Finance & Insurance (8,549 peers)
+13.8%
assets growth YoY
19×
vs typical plan assets (national mean)

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

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

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

$1,916,269,037 Top 1% higher than 99% 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

Factory Mutual Insurance Company 401(k) Savings Plan's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Factory Mutual Insurance Company 401(k) Savings Plan lands in the large band (4,005 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Factory Mutual Insurance Company 401(k) Savings Plan end-of-year assets rose from $1.7B in the plan year 2023 filing to $1.9B in the plan year 2024 filing.
  • Factory Mutual Insurance Company 401(k) Savings Plan reported net income fell from $254M in the plan year 2023 filing to $232M in the plan year 2024 filing.
  • Factory Mutual Insurance Company 401(k) Savings Plan reported participants fell from 4,295 in the plan year 2023 filing to 4,005 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 050316605 · Factory Mutual Insurance Company PY 2024 · 401(k)

Factory Mutual Insurance Company 401(k) Savings Plan · $1.9B · 4,005 · 99th

  • EOY $1.9B
  • 5500 4,005
  • ASSETS 99th
  • PCT 401(k)
  • EIN near Wesco Distribution, Inc. Retirement Savings Plan
  • RANK ind #8408

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 Rhode Island →

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

Factory Mutual Insurance Company 401(k) Savings PlanFactory Mutual Insurance Com…$1.9BWesco Distribution, Inc. Retirement Savings PlanWesco Distribution, Inc. Ret…$1.9BBroadridge Financial Solutions, Inc. Retirement Savings PlanBroadridge Financial Solutio…$1.9BMoog Inc. Retirement Savings PlanMoog Inc. Retirement Savings…$1.9BSedgwick 401(k) Savings Plan$1.9B
End-of-year total assets ($B) among Factory Mutual Insurance Company 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Rhode Island filing particulars

Total Assets (Beginning of Year)$1.7B
Net Assets (End of Year)$1.9B
Net Income$232M
Employer EIN050316605
Plan Effective Date1977-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Factory Mutual Insurance Company)

Sponsor-wide plan assets over time

All Factory Mutual Insurance Company plans reported in each filing year

Latest sponsor-wide plan assets
$4.9B 20.952006488937418% vs 2022
2024 filing year
$4B$4.5B$5B$5.5B 202220232024 $4.09B $4.94B ▲ +20.8%
Year Plans Participants Total Assets
2022 2 7,463 $4.1B
2023 2 7,773 $4.6B
2024 2 7,661 $4.9B

Nearby 401(k) Plans in Rhode Island

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

Factory Mutual Insurance Company 401(k) Savings Plan vs. nearby 401(k) plans in Rhode Island, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -10010203040 Total assets ($B) Participants Factory Mutual Insurance Company 401(k) Savings Plan, Total assets ($B): 1.916269037 · Participants: 4005Factory Mutual Insurance Company 401(k) Savings PlanCVS Health Future Fund 401(k) Plan, Total assets ($B): 30.087909242 · Participants: 240493CVS Health Future Fund 401(k) PlanTextron Savings Plan, Total assets ($B): 6.12531514 · Participants: 26609Textron Savings PlanCfg Retirement Savings Plan, Total assets ($B): 3.249944772 · Participants: 17893Cfg Retirement Savings PlanUnfi 401(k) Plan, Total assets ($B): 2.764430113 · Participants: 26416Unfi 401(k) PlanIgt 401(k) Retirement Savings Plan, Total assets ($B): 1.3743391 · Participants: 6006Igt 401(k) Retirement Savings Plan
Factory Mutual Insurance Company 401(k) Savings Plan vs. nearby 401(k) plans in Rhode Island, assets vs. participants
Compare Factory Mutual Insurance Company 401(k) Savings Plan side-by-side with 3 peers →

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

Outside Rhode Island, the nearest 401(k) by assets is Wesco Distribution, Inc. Retirement Savings Plan in PA ($1.9B); by covered participants it is Audacy Inc. 401(k) Savings & Retirement Plan in PA (4,008 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($1.9B here).

Similar participant headcount

Nearest other-state filings by covered participants (4,005 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 Factory Mutual Insurance Company 401(k) Savings Plan assets move in 2024? ▼
Factory Mutual Insurance Company 401(k) Savings Plan grew at a solid clip - up 13.8% during 2024, from $1.7B to $1.9B. Reported net income was $232M.
How have Factory Mutual Insurance Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Factory Mutual Insurance Company's sponsor-wide assets grew 21.0%, from $4.1B to $4.9B.
Where does Factory Mutual Insurance Company 401(k) Savings Plan rank by assets among Form 5500 filers? ▼
Factory Mutual Insurance Company 401(k) Savings Plan ranks in the 99th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Factory Mutual Insurance Company 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Wesco Distribution, Inc. Retirement Savings Plan in PA ($1.9B, 13,161 participants).
Which 401(k) plans cover a similar participant headcount to Factory Mutual Insurance Company 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Audacy Inc. 401(k) Savings & Retirement Plan in PA (4,008 participants, $819M 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 050316605.

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.