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Original filing (PDF)20251014103437NAL0002536529002

THE ANDOVER COMPANIES

Form 5500
FILING_RECEIVED
MERRIMACK MUTUAL FIRE INSURANCE COMPANY RETIREMENT PLAN
Defined-benefit pension plan
Signals · 2
31% in single holding92% employer stock
Active participants
307
Accounts w/ balance
Plan assets (EOY)
$459.2M
Net assets (EOY)
$459.2M
How this plan invests
This plan
27 securities
funds · stocks · CUSIPs

Holdings are itemized directly on this plan's Schedule of Assets, below.

Plan health score (directional)
86
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
60
Total plan cost
75
Vendor stack
100
Participation health
100
Knocking points off
  • Top holding "ELI LILLY + CO Common Stock" is 31% of plan.
  • 92% of plan in employer / sponsor stock.
Helping the score
  • No Schedule C compensation disclosed — likely a small plan or unbundled.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for THE ANDOVER COMPANIES.
Plan sponsor
Name
THE ANDOVER COMPANIES
EIN
04-1614490
Address
95 OLD RIVER ROAD · ANDOVER, MA · 018101078
Phone
(978) 475-3300
Industry
Finance & Insurancesee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
001
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-14
Pension benefit codes
1A · Pay-related DB formula
1E · Section 401(h) arrangement
Audit & trust (Schedule H)
Auditor
PRICEWATERHOUSECOOPERS, LLP
Trustee / custodian
Trustee phone

Service providers (Schedule C)

1 rows
Recordkeeper
1
NameEINLocationRelationDirect compIndirect comp
TRANSAMERICA RETIREMENT SOLUTIONS13-3689044RECORD KEEPER$0

Investments

27 direct securities· $416.8M(91% of reported assets)
PIInvestmentTypeShares / unitsCostCurrent value% of plan
ELI LILLY + CO Common Stock$6.0M$127.3M27.7%
U.S. Treasury N/B Fixed Income$22.2M$22.0M4.8%
ALTRIA GROUP INC Common Stock$7.8M$20.5M4.5%
BLACKSTONE INC Common Stock$8.4M$19.0M4.1%
JOHNSON + JOHNSON Common Stock$7.7M$18.7M4.1%
BRISTOL MYERS SQUIBB CO Common Stock$7.7M$18.2M4.0%
KIMBERLY CLARK CORP Common Stock$8.4M$17.2M3.8%
LOCKHEED MARTIN CORP Common Stock$15.2M$17.0M3.7%
CHEVRON CORP Common Stock$12.7M$16.4M3.6%
GENERAL MILLS INC Common Stock$8.6M$15.7M3.4%
MICROSOFT CORP Common Stock$14.6M$15.2M3.3%
LOWES COS INC Common Stock$14.5M$14.8M3.2%
KELLANOVA Common Stock$8.1M$13.9M3.0%
VERIZON COMMUNICATIONS INC Common Stock$12.2M$13.4M2.9%
AT+T INC Common Stock$10.0M$10.0M2.2%
COLGATE PALMOLIVE CO Common Stock$4.1M$9.5M2.1%
INTL BUSINESS MACHINES CORP Common Stock$7.4M$9.3M2.0%
State Street Bank & Trust STIF Short Term Investment Fund$7.8M$7.8M1.7%
DUKE ENERGY CORP Common Stock$4.7M$6.5M1.4%
PFIZER INC Common Stock$7.9M$6.4M1.4%
DOW INC Common Stock$2.4M$4.0M0.9%
CVS HEALTH CORP Common Stock$5.5M$3.8M0.8%
CORNING INC Common Stock$2.0M$3.6M0.8%
AMERICAN TOWER CORP Common Stock$1.7M$2.1M0.5%
Vanguard Money Market Fund Short Term Investment Fund$2.1M$2.1M0.4%
UNITED PARCEL SERVICE CL B Common Stock$1.2M$1.3M0.3%
PHILIP MORRIS INTERNATIONAL Common Stock$990K$1.1M0.2%