Motorists Mutual Insurance Company 401(k) Plan: Login, Facts & Contact Information

Motorists Mutual Insurance Company 401(k) Plan Facts

Plan name
ENCOVA INSURANCE 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
MOTORISTS MUTUAL INSURANCE COMPANY
Participants
1,690 (1,165 active employees)
Former employees with a balance
424
Plan assets
$350,656,624 at Dec 31, 2024
Average account balance
$213,295 across 1,644 accounts
Employer contributions
$12,321,405 in plan year 2024 (51% of all contributions)
Recordkeeper
Empower Annuity Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 2006
✓ Employer contributions✓ Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Oct 6, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $24.2 million went into the plan in contributions, $12.3 million of it from the employer (51%).
  • $31.4 million was paid out to participants.
  • Investment and other income added $51.5 million.
  • Administrative expenses were $157,265, about $96 per account.

How the Motorists Mutual Insurance Company 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20191,752$236.7 million$6.77 million$15.9 million
20201,700$283.0 million$7.73 million$17.2 million
20211,827$316.1 million$5.75 million$23.6 million
20221,651$256.1 million$8.29 million$21.5 million
20231,659$306.6 million$7.64 million$18.4 million
20241,690$350.7 million$12.3 million$31.4 million

Motorists Mutual Insurance Company 401(k) Contact Information

Phone
614-225-8204
Mailing address
471 EAST BROAD STREET, COLUMBUS OH 43215
Plan sponsor
MOTORISTS MUTUAL INSURANCE COMPANY
Employer identification number (EIN)
31-4259550
Plan number
003

Questions about the Motorists Mutual Insurance Company 401(k)

Does Motorists Mutual Insurance Company contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $12.3 million, 51% of all contributions.

Does the Motorists Mutual Insurance Company 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Motorists Mutual Insurance Company 401(k) plan?

1,690 participants at the start of plan year 2024, 1,165 of them active employees, and 424 former employees who still had money in the plan.

What is the average 401(k) balance at Motorists Mutual Insurance Company?

About $213,295 per account: $350.7 million in plan assets across 1,644 accounts with a balance at the end of plan year 2024.

Who manages the Motorists Mutual Insurance Company 401(k) accounts?

Empower (listed on the filing as EMPOWER ANNUITY INSURANCE COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Motorists Mutual Insurance Company. How do I access my 401(k)?

Your account stays with Empower after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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