401(k) · DOL Form 5500 · 2024
Safety Insurance Company 401(k) Plan
Data updated 2026-08-25
- $206M
- Total assets Near avg plan size
- 595
- Participants Below avg headcount
- 94th
- Percentile by assets National rank
- $345,879
- Avg per participant High balance/head
Official DOL plan name: Safety Insurance Company 401(k) Retirement Plan · Sponsored by Safety Insurance Company · Massachusetts · Finance & Insurance
$206M in assets, 595 participants
Safety Insurance Company's Safety Insurance Company 401(k) Retirement Plan reported $206M in total assets and 595 participants in its 2024 DOL Form 5500 filing, ranking in the 94th 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.
- #7,778 in Finance & Insurance (8,549 peers)
Where Safety Insurance Company 401(k) Retirement Plan sits by assets
Safety Insurance Company 401(k) Retirement Plan sits in the top 10% of all filed plans by assets, $206M for 595 participants (~$345,879/participant), up 10.9% in 2024.
- #7,778
- in Finance & Insurance (8,549 peers)
- +10.9%
- assets growth YoY
- 2.1×
- vs typical plan assets (national mean)
Safety Insurance Company 401(k) Retirement Plan's outsized position by total assets
Safety Insurance Company 401(k) Retirement Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$205,798,126 Top 6% higher than 94% 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
Safety Insurance Company 401(k) 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. Safety Insurance Company 401(k) Retirement Plan sits mid-pack in the medium band (595 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Safety Insurance Company 401(k) Retirement Plan reported net income fell from $30M in the plan year 2023 filing to $20M in the plan year 2024 filing.
- Safety Insurance Company 401(k) Retirement Plan end-of-year assets rose from $186M in the plan year 2023 filing to $206M in the plan year 2024 filing.
- Safety Insurance Company 401(k) Retirement Plan reported participants rose from 539 in the plan year 2023 filing to 595 in the plan year 2024 filing.
EBSA filing schedule strip
Filing strip 042689624 · Safety Insurance Company PY 2024 · 401(k)
Safety Insurance Company 401(k) Retirement Plan · $206M · 595 · 94th
- EIN $206M
- RANK 595
- PHOTO 94th
- IND 401(k)
- EOY near Ipsen Biopharmaceuticals, Inc. U.S. 401(k) Plan
- 5500 ind #7778
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 →
Safety Insurance Company 401(k) Retirement Plan in the asset neighbourhood
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $186M |
|---|---|
| Net Assets (End of Year) | $206M |
| Net Income | $20M |
| Employer EIN | 042689624 |
| Plan Effective Date | 1972-11-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Safety Insurance Company)
Sponsor-wide plan assets over time
All Safety Insurance Company plans reported in each filing year
- Latest sponsor-wide plan assets
- $206M 31.876692657249073% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 558 | $156M |
| 2023 | 1 | 539 | $186M |
| 2024 | 1 | 595 | $206M |
Nearby 401(k) Plans in Massachusetts
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Fidelity Retirement Savings Plan $34.2B · 66,907
- Liberty Mutual 401(k) Plan $11.4B · 34,618
- Massachusetts Institute of Technology Supplemental 401(k) Plan $7.7B · 14,762
- Boston Scientific Corporation 401(k) Retirement Savings Plan $6.8B · 20,639
- State Street Salary Savings Program $6.5B · 12,777
Safety Insurance Company 401(k) Retirement Plan's out-of-state 401(k) peers by assets and headcount
Outside Massachusetts, the nearest 401(k) by assets is Ipsen Biopharmaceuticals, Inc. U.S. 401(k) Plan in NJ ($206M); by covered participants it is Knightvest 401(k) Plan in TX (595 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($206M here).
- Ipsen Biopharmaceuticals, Inc. U.S. 401(k) Plan (NJ) $206M · 692
- Clifford Chance US LLP Tax-Deferred Savings and Profit-Sharing Plan I (NY) $206M · 238
- Cascade Corporation Savings and Investment Plan (OR) $206M · 1,025
- Data Recognition Corporation Employees' Benefits Plan and Trust (MN) $206M · 1,209
Similar participant headcount
Nearest other-state filings by covered participants (595 participants); asset peers above are excluded.
- Knightvest 401(k) Plan (TX) 595 · 0 off
- Accuity Delivery Systems, LLC 401(k) Plan (NJ) 595 · 0 off
- Trusted Doctors LLC 401(k) Plan (VA) 595 · 0 off
- Careage 401(k) Plan (WA) 595 · 0 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.