Defined Benefit (Pension) · DOL Form 5500 · 2024
The Andover Companies Pension Plan
Data updated 2026-08-25
- $459M
- Total assets Above avg plan size
- 283
- Participants Below avg headcount
- 97th
- Percentile by assets National rank
- $1.6M
- Avg per participant High balance/head
Official DOL plan name: Merrimack Mutual Fire Insurance Company Retirement Plan · Sponsored by The Andover Companies · Massachusetts · Finance & Insurance
$459M in assets, 283 participants
The Andover Companies's Merrimack Mutual Fire Insurance Company Retirement Plan reported $459M in total assets and 283 participants in its 2024 DOL Form 5500 filing, ranking in the 97th 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.
- #8,095 in Finance & Insurance (8,549 peers)
Coverage in Massachusetts
Merrimack Mutual Fire Insurance Company Retirement Plan covers 283 participants in Massachusetts, about 43% of the average Massachusetts filer (state average ~659 per filing). Assets: $459M.
- #8,095
- in Finance & Insurance (8,549 peers)
- +17.7%
- assets growth YoY
- 4.6×
- vs typical plan assets (national mean)
Merrimack Mutual Fire Insurance Company Retirement Plan's outsized position by total assets
Merrimack Mutual Fire Insurance Company Retirement Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$459,151,299 Top 3% higher than 97% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Merrimack Mutual Fire Insurance Company Retirement 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. Merrimack Mutual Fire Insurance Company Retirement Plan sits mid-pack in the medium band (283 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Merrimack Mutual Fire Insurance Company Retirement Plan reported net income rose from $26M in the plan year 2023 filing to $69M in the plan year 2024 filing.
- Merrimack Mutual Fire Insurance Company Retirement Plan end-of-year assets rose from $390M in the plan year 2023 filing to $459M in the plan year 2024 filing.
- Merrimack Mutual Fire Insurance Company Retirement Plan reported participants rose from 259 in the plan year 2023 filing to 283 in the plan year 2024 filing.
EBSA filing schedule strip
Filing strip 041614490 · The Andover Companies PY 2024 · Defined Benefit (Pension)
Merrimack Mutual Fire Insurance Company Retirement Plan · $459M · 283 · 97th
- RANK $459M
- PHOTO 283
- IND 97th
- EOY Defined Benefit (Pension)
- 5500 near St. Lukes Health Network Pension Plan
- ASSETS ind #8095
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 Massachusetts →
Merrimack Mutual Fire Insurance Company Retirement Plan in the asset neighbourhood
Massachusetts filing particulars
| Total Assets (Beginning of Year) | $390M |
|---|---|
| Net Assets (End of Year) | $459M |
| Net Income | $69M |
| Employer EIN | 041614490 |
| Plan Effective Date | 1944-04-18 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (The Andover Companies)
Sponsor-wide plan assets over time
All The Andover Companies plans reported in each filing year
- Latest sponsor-wide plan assets
- $540M 28.135523096443453% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 456 | $421M |
| 2023 | 2 | 524 | $460M |
| 2024 | 2 | 601 | $540M |
Nearby Defined Benefit (Pension) Plans in Massachusetts
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- Consolidated Cash Balance Program of Mass General Brigham and Member Organizations $11.6B · 60,621
- New England Teamsters Pension Fund $9.1B · 21,577
- Liberty Mutual Retirement Benefit Plan $6.3B · 34,910
- Massachusetts Institute of Technology Basic Retirement Plan $5.9B · 12,533
- N. Atlantic States Carp. Pension Fund $5.1B · 16,946
Merrimack Mutual Fire Insurance Company Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Massachusetts, the nearest Defined Benefit (Pension) by assets is St. Lukes Health Network Pension Plan in PA ($459M); by covered participants it is Plumbers & Pipefitters Local 152 Pension Tr Fund in WV (283 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($459M here).
- St. Lukes Health Network Pension Plan (PA) $459M · 2,221
- Moody's Corporation Retirement Account (NY) $460M · 546
- Pension Plan for All Eligible Employees of Crane (CT) $459M · 516
- Alabama Farmers Federation and Affiliated Companies Retirement Plan (AL) $460M · 871
Similar participant headcount
Nearest other-state filings by covered participants (283 participants); asset peers above are excluded.
- Plumbers & Pipefitters Local 152 Pension Tr Fund (WV) 283 · 0 off
- Farmers Mutual Insurance Company of Nebraska Employee Retirement Plan (NE) 283 · 0 off
- Itg Brands, LLC Retirement Allowance Plan for Hourly Rated and/or Piecework Employees (NC) 283 · 0 off
- Retirement Income Plan of Central Hudson Gas & Electric Corp. (NY) 284 · 1 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.