Defined Benefit (Pension) · DOL Form 5500 · 2024

Amica Mutual Insurance Company Pension Plan

Data updated 2026-08-06

$1.7B
Total assets
2,172
Participants
99th
Percentile by assets
$766,130
Avg per participant
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Official DOL plan name: Amica Pension Fund · Sponsored by Amica Mutual Insurance Company · Rhode Island · Finance & Insurance

$1.7B in assets, 2,172 participants

Amica Mutual Insurance Company's Amica Pension Fund reported $1.7B in total assets and 2,172 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.

  • 99th percentile by assets (of 116,472 plans)

Where Amica Pension Fund sits by assets

Amica Pension Fund sits among the largest 1% of all filed plans, $1.7B for 2,172 participants (~$766,130/participant), down 6.1% in 2024.

$1.7B
total plan assets (2024 EOY)
2,172
covered participants
99th
percentile by assets (of 116,472 plans)
$766,130
avg assets per participant

The plan reported a net loss of $109M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Amica Pension Fund reported net income fell from $46M in the plan year 2023 filing to -$109M in the plan year 2024 filing.
  • Amica Pension Fund reported participants fell from 2,338 in the plan year 2023 filing to 2,172 in the plan year 2024 filing.
  • Amica Pension Fund end-of-year assets fell from $1.8B in the plan year 2023 filing to $1.7B in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Rhode Island
Industry
Finance & Insurance

Amica Pension Fund vs the 2024 asset distribution

By assets, Amica Pension Fund outranks 99% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 17x the national average plan size of $100M (730 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$1.8B
Net Assets (End of Year)$1.7B
Net Income-$109M
Employer EIN050348344
Plan Effective Date1965-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Amica Mutual Insurance Company)

$2.4B$2.5B$2.6B$2.7B 202220232024 $2.48B $2.65B ▲ +6.9%
Total plan assets by year, all Amica Mutual Insurance Company plans on file
Year Plans Participants Total Assets
2022 2 6,166 $2.5B
2023 2 5,794 $2.6B
2024 2 5,700 $2.7B

Nearby Defined Benefit (Pension) Plans in Rhode Island

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

Amica Pension Fund vs. nearby Defined Benefit (Pension) plans in Rhode Island, assets vs. participants

Amica Pension Fund vs. nearby Defined Benefit (Pension) plans in Rhode Island, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 05101520 Total assets ($B) Participants Amica Pension FundThe Bank of America …Textron Master Retir…Factory Mutual Insur…Bell Helicopter Text…Cfg Pension Plan
Amica Pension Fund vs. nearby Defined Benefit (Pension) plans in Rhode Island, assets vs. participants
Compare Amica Pension Fund side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Amica Pension Fund by total assets, not by location.

Frequently Asked Questions

How did Amica Pension Fund assets move in 2024? ▼
Amica Pension Fund pulled back noticeably - down 6.1% during 2024, from $1.8B to $1.7B. Reported net income was -$109M.
How have Amica Mutual Insurance Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Amica Mutual Insurance Company's sponsor-wide assets grew 7.0%, from $2.5B to $2.7B.
Where does Amica Pension Fund rank by assets among Form 5500 filers? ▼
Amica Pension Fund ranks in the 99th percentile by end-of-year assets among 116,472 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 Amica Pension Fund? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Consolidated Pension Plan of Hackensack Meridian Health in NJ ($1.7B, 7,420 participants).

Next read for Amica Pension Fund

Scale reading

Ways to act on Amica Pension Fund's numbers.

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 050348344.

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.