Defined Benefit (Pension) · DOL Form 5500 · 2024

Factory Mutual Insurance Company Pension Plan

Data updated 2026-08-25

$3.0B
Total assets Very large vs avg
3,656
Participants Above avg headcount
99th
Percentile by assets National rank
$828,279
Avg per participant High balance/head
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Official DOL plan name: Factory Mutual Insurance Company Pension Plan · Sponsored by Factory Mutual Insurance Company · Rhode Island · Finance & Insurance

$3.0B in assets, 3,656 participants

Factory Mutual Insurance Company's Factory Mutual Insurance Company Pension Plan reported $3.0B in total assets and 3,656 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.

  • #8,452 in Finance & Insurance (8,549 peers)

Coverage in Rhode Island

Factory Mutual Insurance Company Pension Plan covers 3,656 participants in Rhode Island, 2.5x the typical Rhode Island plan (state average ~1,449 per filing). Assets: $3.0B.

#8,452
in Finance & Insurance (8,549 peers)
+4.2%
assets growth YoY
30×
vs typical plan assets (national mean)

Factory Mutual Insurance Company Pension Plan's outsized position by total assets

Factory Mutual Insurance Company Pension Plan vs every filed plan by assets

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

$3,028,187,818 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 Pension 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 Pension Plan lands in the large band (3,656 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Factory Mutual Insurance Company Pension Plan reported net income fell from $227M in the plan year 2023 filing to $128M in the plan year 2024 filing.
  • Factory Mutual Insurance Company Pension Plan reported participants rose from 3,478 in the plan year 2023 filing to 3,656 in the plan year 2024 filing.
  • Factory Mutual Insurance Company Pension Plan end-of-year assets rose from $2.9B in the plan year 2023 filing to $3.0B in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 050316605 · Factory Mutual Insurance Company PY 2024 · Defined Benefit (Pension)

Factory Mutual Insurance Company Pension Plan · $3.0B · 3,656 · 99th

  • RANK $3.0B
  • PHOTO 3,656
  • IND 99th
  • EOY Defined Benefit (Pension)
  • 5500 near Excavators Union Local 731 Pension Fund
  • ASSETS ind #8452

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 Pension Plan in the asset neighbourhood

Pentegra Defined Benefit Plan for Financial InstPentegra Defined Benefit Pla…$3.0BFactory Mutual Insurance Company Pension PlanFactory Mutual Insurance Com…$3.0BExcavators Union Local 731 Pension FundExcavators Union Local 731 P…$3.0BErnst & Young Partnership Defined Benefit Retirement PlanErnst & Young Partnership De…$3.0BUpmc Basic Retirement Plan$3.0B
End-of-year total assets ($B) among Factory Mutual Insurance Company Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Rhode Island filing particulars

Total Assets (Beginning of Year)$2.9B
Net Assets (End of Year)$3.0B
Net Income$128M
Employer EIN050316605
Plan Effective Date1968-07-01
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 Defined Benefit (Pension) Plans in Rhode Island

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Factory Mutual Insurance Company Pension Plan vs. nearby Defined Benefit (Pension) plans in Rhode Island, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 05101520 Total assets ($B) Participants Factory Mutual Insurance Company Pension Plan, Total assets ($B): 3.028187818 · Participants: 3656Factory Mutual Insurance Company Pension PlanThe Bank of America Pension Plan, Total assets ($B): 19.041232839 · Participants: 53831The Bank of America Pension PlanTextron Master Retirement Plan, Total assets ($B): 5.458240388 · Participants: 6888Textron Master Retirement PlanBell Helicopter Textron Master Retirement Plan, Total assets ($B): 2.329548169 · Participants: 2671Bell Helicopter Textron Master Retirement PlanAmica Pension Fund, Total assets ($B): 1.66403358 · Participants: 2172Amica Pension FundCfg Pension Plan, Total assets ($B): 1.200889518 · Participants: 2962Cfg Pension Plan
Factory Mutual Insurance Company Pension Plan vs. nearby Defined Benefit (Pension) plans in Rhode Island, assets vs. participants
Compare Factory Mutual Insurance Company Pension Plan side-by-side with 3 peers →

Factory Mutual Insurance Company Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Rhode Island, the nearest Defined Benefit (Pension) by assets is Excavators Union Local 731 Pension Fund in NY ($3.0B); by covered participants it is Niagara Mohawk Pension Plan in NY (3,648 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($3.0B here).

Similar participant headcount

Nearest other-state filings by covered participants (3,656 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 Pension Plan assets move in 2024? ▼
Factory Mutual Insurance Company Pension Plan edged up modestly - up 4.2% during 2024, from $2.9B to $3.0B. Reported net income was $128M.
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 Pension Plan rank by assets among Form 5500 filers? ▼
Factory Mutual Insurance Company Pension 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 Defined Benefit (Pension) plans are similar in size to Factory Mutual Insurance Company Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Excavators Union Local 731 Pension Fund in NY ($3.0B, 5,257 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Factory Mutual Insurance Company Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Niagara Mohawk Pension Plan in NY (3,648 participants, $1.2B 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.