Profit Sharing
2022 plan-year Profit Sharing DOL Form 5500

Mj Insurance, Inc. 401(k) Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Mj Insurance Inc. · Indiana · Finance & Insurance

What the 2023 filing shows

Mj Insurance, Inc. 401(k) Plan holds $27M for 192 participants — about $141,831 per participant, down 11.4% over the 2022 plan year.

$27M
total plan assets (2022 EOY)
192
covered participants
$141,831
avg assets per participant
-11.4%
assets change YoY

The plan reported a net loss of $4M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$27M
Participants
192
State
Industry
Finance & Insurance

What the Filing Says About Mj Insurance, Inc. 401(k) Plan

Mj Insurance, Inc. 401(k) Plan is a Profit Sharing retirement plan sponsored by Mj Insurance Inc., headquartered in Indiana. As of the 2022 Form 5500 filing, the plan reports $27M in total end-of-year assets and covers 192 participants across the Finance & Insurance industry. The sponsor's EIN on file with the U.S. Department of Labor is 351109367, and the plan has been effective since 1985-06-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $31M at the beginning of 2022 to $27M at year-end — a decline of 11.4%. Net assets (after liabilities) closed the year at $27M, with reported net income of $-3,504,541 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$31M
Total Assets (End of Year)$27M
Net Assets (End of Year)$27M
Net Income$-3,504,541
Plan TypeProfit Sharing
Employer EIN351109367
Plan Effective Date1985-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Mj Insurance Inc.)

Year Plans Participants Total Assets
2022 1 192 $27M
2023 1 189 $34M
2024 1 194 $42M

Nearby Profit Sharing Plans in Indiana

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Frequently Asked Questions

How much money is in the Mj Insurance, Inc. 401(k) Plan?
As of the 2022 Form 5500 filing, Mj Insurance, Inc. 401(k) Plan holds $27M in total assets with 192 participants. It is sponsored by Mj Insurance Inc..
What type of plan is Mj Insurance, Inc. 401(k) Plan?
Mj Insurance, Inc. 401(k) Plan is a Profit Sharing plan. It has been effective since 1985-06-01. The plan is filed with the U.S. Department of Labor under EIN 351109367.
Who sponsors the Mj Insurance, Inc. 401(k) Plan?
Mj Insurance, Inc. 401(k) Plan is sponsored by Mj Insurance Inc., located in Indiana. The sponsor's EIN is 351109367 and the plan operates in the Finance & Insurance industry.
How did Mj Insurance, Inc. 401(k) Plan perform in 2022?
Mj Insurance, Inc. 401(k) Plan declined by 11.4% during 2022, moving from $31M to $27M in total assets. Net income was $-3,504,541.
Where can I find official filings for Mj Insurance, Inc. 401(k) Plan?
Official Form 5500 filings for Mj Insurance, Inc. 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 351109367 or plan name at efast.dol.gov.
How does Mj Insurance, Inc. 401(k) Plan compare to other plans?
You can compare Mj Insurance, Inc. 401(k) Plan against other Profit Sharing plans on the plan type page, or view plans in Indiana on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 351109367.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.