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

Safety Insurance Company 401(k) Plan Facts

Plan name
SAFETY INSURANCE COMPANY 401K RETIREMENT PLAN
Plan type
401(k) with employer contributions
Plan sponsor
SAFETY INSURANCE COMPANY
Participants
774 (612 active employees)
Former employees with a balance
171
Plan assets
$205,798,126 at Dec 31, 2024
Average account balance
$271,501 across 758 accounts
Employer contributions
$3,761,294 in plan year 2024 (40% of all contributions)
Recordkeeper
Fidelity Investments Institutional
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Nov 1, 1972
✓ 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 14, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $9.47 million went into the plan in contributions, $3.76 million of it from the employer (40%).
  • $17.0 million was paid out to participants.
  • Investment and other income added $27.7 million.
  • Administrative expenses were $77,090, about $102 per account.

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

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019768$143.0 million$3.37 million$7.88 million
2020763$168.6 million$3.39 million$9.77 million
2021729$192.8 million$3.43 million$7.89 million
2022728$156.1 million$3.38 million$11.5 million
2023722$185.7 million$3.79 million$9.58 million
2024774$205.8 million$3.76 million$17.0 million

Safety Insurance Company 401(k) Contact Information

Phone
617-951-0600
Mailing address
20 CUSTOM HOUSE STREET, BOSTON MA 02110
Plan sponsor
SAFETY INSURANCE COMPANY
Employer identification number (EIN)
04-2689624
Plan number
001

Questions about the Safety Insurance Company 401(k)

Does Safety Insurance Company contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $3.76 million, 40% of all contributions.

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

Yes. The plan reports automatic enrollment of eligible employees.

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

774 participants at the start of plan year 2024, 612 of them active employees, and 171 former employees who still had money in the plan.

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

About $271,501 per account: $205.8 million in plan assets across 758 accounts with a balance at the end of plan year 2024.

Who manages the Safety Insurance Company 401(k) accounts?

Fidelity NetBenefits (listed on the filing as FIDELITY INVESTMENTS INSTITUTIONAL) is the plan's recordkeeper, which is where participants log in to see their balance.

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

Your account stays with Fidelity NetBenefits 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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