Plan Snapshot
- Plan Sponsor: Amica Mutual Insurance Company
- Sponsor EIN: 050348344
- Sponsor Address: P.O. BOX 6008, PROVIDENCE, RI, 029406008
- Plan Type: DB
- Total Participants: 2,053
- Total Assets: $1.7B
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 2,053 | $1.7B | $0 | $0 |
| 2023 | 2,172 | $1.8B | $0 | $0 |
| 2022 | 2,338 | $1.7B | $0 | $0 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| GRANT THORNTON LLP | Auditor | $58,118 | — | $58,118 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GRANT THORNTON LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $58,118
- Estimated Expense Ratio: 0.003% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $2,390,704 | $1,207,330 | — | $58,118 | — |
| 2023 | $2,438,854 | $1,145,257 | — | $40,906 | — |
| 2022 | $2,096,899 | — | — | — | — |