Assets by plan
Share of aggregate retirement assets
54%top
Sponsor portfolioTH
MGIC INVESTMENT CORPORATION
EIN 39-1486475Management of Companies and EnterprisesLatest filing 2024
Plans
4
Retirement
2
$746.1M assets
Welfare
2
$2.1M premiums
Participants
3,543
250 E KILBOURN AVE - MILWAUKEE, WI 53202414-347-6853
Retirement portfolio analytics
2 plans aggregated / $746.1M assets / 2,622 participantsParticipants by plan
Active + retired + deferred vested
- MGIC PENSION (#001)1,630
Benefits portfolio analytics
2 plans / $2.1M premiums / 673 covered livesCoverage by line
Premium dollars by benefit type (bundled lines overlap)
- Stop-loss$1.4M
- Other$718K
- Life$701K
- Long-term disability$701K
Carrier market share
Premium dollars by Schedule A carrier
67%top
- WESTPORT INSURANCE CORPORATION67%
- HARTFORD LIFE AND ACCIDENT33%
Broker market share
Schedule A broker compensation
100%top
- WILLIS TOWERS WATSON US LLC100%
Plan deep-dives
Per-plan teasers. The full analytics (fees vs peers, audit grade, trajectory, counterparties) live on each plan detail page.Retirement#001
MGIC PENSION PLAN
CashBalance
Assets$401.3M
Participants1,630
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
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Retirement#002
MGIC PROFIT SHARING AND SAVINGS PLAN
401k
Assets$344.7M
Participants992
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
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Welfare#503
MGIC FLEXIBLE BENEFITS PLAN
Mixed - SWISS RE CORPORATE SOLUTIONS AMERICA INS. CORP.
Premiums$2.1M
Covered lives673
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
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Welfare#504
MGIC RETIREE BENEFITS PLAN
Self Funded
Premiums$0
Covered lives0
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
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Retirement plans2
| Plan # | Name | Type | Assets | Participants | Latest year | |
|---|---|---|---|---|---|---|
| 001 | MGIC PENSION PLAN | CashBalance | $401.3M | 1,630 | 2024 | |
| 002 | MGIC PROFIT SHARING AND SAVINGS PLAN | 401k | $344.7M | 992 | 2024 |
Welfare plans2
| Plan # | Name | Funding | Carrier | Premiums | Covered | Latest year | |
|---|---|---|---|---|---|---|---|
| 503 | MGIC FLEXIBLE BENEFITS PLAN | Mixed | SWISS RE CORPORATE SOLUTIONS AMERICA INS. CORP. | $2.1M | 673 | 2024 | |
| 504 | MGIC RETIREE BENEFITS PLAN | Self Funded | - | $0 | 0 | 2024 |
Retirement plans
Welfare plans