401(k) · DOL Form 5500 · 2024

Mmg Insurance Company 401(k) Plan

Data updated 2026-08-25

$56M
Total assets Below avg plan size
269
Participants Below avg headcount
85th
Percentile by assets National rank
$207,438
Avg per participant Above avg balance/head
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Official DOL plan name: Mmg Insurance Company 401(k) Retirement Savings Plan · Sponsored by Mmg Insurance Company · Maine · Finance & Insurance

$56M in assets, 269 participants

Mmg Insurance Company's Mmg Insurance Company 401(k) Retirement Savings Plan reported $56M in total assets and 269 participants in its 2024 DOL Form 5500 filing, ranking in the 85th 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.

  • #6,598 in Finance & Insurance (8,549 peers)

Where Mmg Insurance Company 401(k) Retirement Savings Plan sits by assets

Mmg Insurance Company 401(k) Retirement Savings Plan sits in the top quartile of all filed plans by assets, $56M for 269 participants (~$207,438/participant), up 14.9% in 2024.

#6,598
in Finance & Insurance (8,549 peers)
+14.9%
assets growth YoY
0.6×
vs typical plan assets (national mean)

Mmg Insurance Company 401(k) Retirement Savings Plan's outsized position by total assets

Mmg Insurance Company 401(k) Retirement Savings Plan vs every filed plan by assets

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

$55,800,709 Top 15% higher than 85% 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

Mmg Insurance Company 401(k) Retirement 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. Mmg Insurance Company 401(k) Retirement Savings Plan sits mid-pack in the medium band (269 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Mmg Insurance Company 401(k) Retirement Savings Plan end-of-year assets rose from $49M in the plan year 2023 filing to $56M in the plan year 2024 filing.
  • Mmg Insurance Company 401(k) Retirement Savings Plan reported net income rose from $7M in the plan year 2023 filing to $7M in the plan year 2024 filing.
  • Mmg Insurance Company 401(k) Retirement Savings Plan reported participants rose from 255 in the plan year 2023 filing to 269 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 010021090 · Mmg Insurance Company PY 2024 · 401(k)

Mmg Insurance Company 401(k) Retirement Savings Plan · $56M · 269 · 85th

  • BOY $56M
  • BOY 269
  • BOY 85th
  • BOY 401(k)
  • BOY near Canyon Ranch 401(k) and Profit Sharing Plan
  • BOY ind #6598

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 Maine →

Mmg Insurance Company 401(k) Retirement Savings Plan in the asset neighbourhood

Mmg Insurance Company 401(k) Retirement Savings PlanMmg Insurance Company 401(k)…$56MCanyon Ranch 401(k) and Profit Sharing PlanCanyon Ranch 401(k) and Prof…$56MSloan Implement Company, Inc. 401(k) PlanSloan Implement Company, Inc…$56MPeddinghaus Corporation Salary Savings PlanPeddinghaus Corporation Sala…$56MBwbr Architects, Inc. Profit Sharing and 401(k) PlanBwbr Architects, Inc. Profit…$56M
End-of-year total assets ($M) among Mmg Insurance Company 401(k) Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$49M
Net Assets (End of Year)$56M
Net Income$7M
Employer EIN010021090
Plan Effective Date1995-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Mmg Insurance Company)

Sponsor-wide plan assets over time

All Mmg Insurance Company plans reported in each filing year

Latest sponsor-wide plan assets
$56M 32.70118194822646% vs 2022
2024 filing year
$40M$45M$50M$55M$60M 202220232024 $42.1M $55.8M ▲ +32.7%
Year Plans Participants Total Assets
2022 1 245 $42M
2023 1 255 $49M
2024 1 269 $56M

Nearby 401(k) Plans in Maine

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

Mmg Insurance Company 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Maine, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -202468 Total assets ($B) Participants Mmg Insurance Company 401(k) Retirement Savings Plan, Total assets ($B): 0.055800709 · Participants: 269Mmg Insurance Company 401(k) Retirement Savings PlanTd 401(k) Retirement Plan, Total assets ($B): 5.971163889 · Participants: 31654Td 401(k) Retirement PlanUnum Group 401(k) Retirement Plan, Total assets ($B): 2.479947647 · Participants: 9451Unum Group 401(k) Retirement PlanIdexx Retirement and Incentive Savings Plan, Total assets ($B): 1.243344842 · Participants: 6776Idexx Retirement and Incentive Savings PlanHannaford Bros. Co. 401(k) Plan, Total assets ($B): 1.096724054 · Participants: 29915Hannaford Bros. Co. 401(k) PlanAhold Delhaize USA Services 401(k) Plan, Total assets ($B): 1.001892127 · Participants: 3012Ahold Delhaize USA Services 401(k) Plan
Mmg Insurance Company 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Maine, assets vs. participants
Compare Mmg Insurance Company 401(k) Retirement Savings Plan side-by-side with 3 peers →

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

Outside Maine, the nearest 401(k) by assets is Canyon Ranch 401(k) and Profit Sharing Plan in TX ($56M); by covered participants it is Mcmichael Mills, Inc. 401(k) Savings Plan in NC (269 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (269 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 Mmg Insurance Company 401(k) Retirement Savings Plan assets move in 2024? ▼
Mmg Insurance Company 401(k) Retirement Savings Plan grew at a solid clip - up 14.9% during 2024, from $49M to $56M. Reported net income was $7M.
How have Mmg Insurance Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Mmg Insurance Company's sponsor-wide assets grew 32.7%, from $42M to $56M.
Where does Mmg Insurance Company 401(k) Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Mmg Insurance Company 401(k) Retirement Savings Plan ranks in the 85th 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 Mmg Insurance Company 401(k) Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Canyon Ranch 401(k) and Profit Sharing Plan in TX ($56M, 1,219 participants).
Which 401(k) plans cover a similar participant headcount to Mmg Insurance Company 401(k) Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Mcmichael Mills, Inc. 401(k) Savings Plan in NC (269 participants, $8M 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 010021090.

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.