401(k) · DOL Form 5500 · 2024

Hagerty Insurance Agency, LLC 401(k) Plan

Data updated 2026-08-25

$163M
Total assets Near avg plan size
1,588
Participants Near avg headcount
93rd
Percentile by assets National rank
$102,362
Avg per participant Below avg balance/head
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Official DOL plan name: Hagerty Insurance Agency, LLC Employee' 401(k) Plan · Sponsored by Hagerty Insurance Agency, LLC · Michigan · Finance & Insurance

$163M in assets, 1,588 participants

Hagerty Insurance Agency, LLC's Hagerty Insurance Agency, LLC Employee' 401(k) Plan reported $163M in total assets and 1,588 participants in its 2024 DOL Form 5500 filing, ranking in the 93rd 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.

  • #7,644 in Finance & Insurance (8,549 peers)

Coverage in Michigan

Hagerty Insurance Agency, LLC Employee' 401(k) Plan covers 1,588 participants in Michigan, 2.5x the typical Michigan plan (state average ~638 per filing). Assets: $163M.

#7,644
in Finance & Insurance (8,549 peers)
+20.2%
assets growth YoY
1.6×
vs typical plan assets (national mean)

Hagerty Insurance Agency, LLC Employee' 401(k) Plan's outsized position by total assets

Hagerty Insurance Agency, LLC Employee' 401(k) Plan vs every filed plan by assets

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

$162,551,085 Top 7% higher than 93% 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

Hagerty Insurance Agency, LLC Employee' 401(k) 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. Hagerty Insurance Agency, LLC Employee' 401(k) Plan lands in the large band (1,588 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Hagerty Insurance Agency, LLC Employee' 401(k) Plan reported net income rose from $18M in the plan year 2023 filing to $27M in the plan year 2024 filing.
  • Hagerty Insurance Agency, LLC Employee' 401(k) Plan end-of-year assets rose from $135M in the plan year 2023 filing to $163M in the plan year 2024 filing.
  • Hagerty Insurance Agency, LLC Employee' 401(k) Plan reported participants fell from 1,678 in the plan year 2023 filing to 1,588 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 880268247 · Hagerty Insurance Agency, LLC PY 2024 · 401(k)

Hagerty Insurance Agency, LLC Employee' 401(k) Plan · $163M · 1,588 · 93rd

  • NET $163M
  • BOOK 1,588
  • VS-ST 93rd
  • BOY 401(k)
  • SCH near Wellabe 401(k) Savings Plan
  • EBSA ind #7644

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 Michigan →

Hagerty Insurance Agency, LLC Employee' 401(k) Plan in the asset neighbourhood

Outrigger Hotels Hawaii Profit Sharing and Retirement Savings PlanOutrigger Hotels Hawaii Prof…$163MHagerty Insurance Agency, LLC Employee' 401(k) PlanHagerty Insurance Agency, LL…$163MWellabe 401(k) Savings Plan$163MBrunswick Retirement Savings PlanBrunswick Retirement Savings…$163MRed Gold, Inc. 401(k) Profit Sharing PlanRed Gold, Inc. 401(k) Profit…$162M
End-of-year total assets ($M) among Hagerty Insurance Agency, LLC Employee' 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Michigan filing particulars

Total Assets (Beginning of Year)$135M
Net Assets (End of Year)$163M
Net Income$27M
Employer EIN880268247
Plan Effective Date1992-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hagerty Insurance Agency, LLC)

Sponsor-wide plan assets over time

All Hagerty Insurance Agency, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$163M 38.70367244000317% vs 2022
2024 filing year
$100M$120M$140M$160M$180M 202220232024 $117M $163M ▲ +38.7%
Year Plans Participants Total Assets
2022 1 1,490 $117M
2023 1 1,678 $135M
2024 1 1,588 $163M

Nearby 401(k) Plans in Michigan

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

Hagerty Insurance Agency, LLC Employee' 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -100102030 Total assets ($B) Participants Hagerty Insurance Agency, LLC Employee' 401(k) Plan, Total assets ($B): 0.162551085 · Participants: 1588Hagerty Insurance Agency, LLC Employee' 401(k) PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 23.0591668 · Participants: 43053General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 17.26893589 · Participants: 31790Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 10.768606712 · Participants: 17128The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 9.568379082 · Participants: 42513The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 8.2932975 · Participants: 60497Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Hagerty Insurance Agency, LLC Employee' 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

Hagerty Insurance Agency, LLC Employee' 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Wellabe 401(k) Savings Plan in IA ($163M); by covered participants it is 4imprint, Inc. 401(k) Plan in WI (1,588 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($163M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,588 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 Hagerty Insurance Agency, LLC Employee' 401(k) Plan assets move in 2024?
Hagerty Insurance Agency, LLC Employee' 401(k) Plan grew sharply - up 20.2% during 2024, from $135M to $163M. Reported net income was $27M.
How have Hagerty Insurance Agency, LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Hagerty Insurance Agency, LLC's sponsor-wide assets grew 38.7%, from $117M to $163M.
Where does Hagerty Insurance Agency, LLC Employee' 401(k) Plan rank by assets among Form 5500 filers?
Hagerty Insurance Agency, LLC Employee' 401(k) Plan ranks in the 93rd percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Hagerty Insurance Agency, LLC Employee' 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Wellabe 401(k) Savings Plan in IA ($163M, 424 participants).
Which 401(k) plans cover a similar participant headcount to Hagerty Insurance Agency, LLC Employee' 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is 4imprint, Inc. 401(k) Plan in WI (1,588 participants, $105M in assets).