401(k) · DOL Form 5500 · 2022

Bankers Insurance, LLC 401(k) Plan

Data updated 2026-08-11

$35M
Total assets
277
Participants
84th
Percentile by assets
$125,012
Avg per participant
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Official DOL plan name: Sba Defined Contribution Plan for Bankers Insurance, LLC · Sponsored by Bankers Insurance, LLC · Virginia · Finance & Insurance

$35M in assets, 277 participants

Bankers Insurance, LLC's Sba Defined Contribution Plan for Bankers Insurance, LLC reported $35M in total assets and 277 participants in its 2022 DOL Form 5500 filing, ranking in the 84th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 84th percentile by assets (of 139,126 plans)
  • #6,945 in Finance & Insurance (9,261 peers)

Coverage in Virginia

Sba Defined Contribution Plan for Bankers Insurance, LLC covers 277 participants in Virginia, about 35% of the average Virginia filer (state average ~782 per filing). Assets: $35M.

$35M
total plan assets (2022 EOY)
277
covered participants
84th
percentile by assets (of 139,126 plans)
$125,012
avg assets per participant

The plan reported a net loss of $7M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Sba Defined Contribution Plan for Bankers Insurance, LLC sits by total assets

Sba Defined Contribution Plan for Bankers Insurance, LLC vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$34,628,242 Top 16% higher than 84% of 139,123 filed plans

This plan $0 $2,010,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

State
Virginia
Industry
Finance & Insurance

Participants vs Virginia filers

In Virginia, the average filing covers about 782 participants across 3,655 plans. Sba Defined Contribution Plan for Bankers Insurance, LLC reports 277 participants - about 35% of that state average ($35M EOY assets).

Virginia filing particulars

Total Assets (Beginning of Year)$42M
Net Assets (End of Year)$35M
Net Income-$7M
Employer EIN541948974
Plan Effective Date2001-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Bankers Insurance, LLC)

$34M$36M$38M$40M$42M 202220232024 $34.6M $39.8M ▲ +14.8%
Total plan assets by year, all Bankers Insurance, LLC plans on file
Year Plans Participants Total Assets
2022 1 277 $35M
2023 1 277 $37M
2024 1 256 $40M

Nearby 401(k) Plans in Virginia

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Sba Defined Contribution Plan for Bankers Insurance, LLC vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000 -10010203040 Total assets ($B) Participants Sba Defined Contribu…, Total assets ($B): 0.034628242 · Participants: 277Sba Defined Contribu…Northrop Grumman Sav…, Total assets ($B): 32.567331218 · Participants: 92420Northrop Grumman Sav…401(k) Pension Plan, Total assets ($B): 12.972737361 · Participants: 61481401(k) Pension PlanGeneral Dynamics Cor…, Total assets ($B): 9.624791923 · Participants: 36822General Dynamics Cor…Leidos, Inc. Retirem…, Total assets ($B): 8.665678993 · Participants: 26125Leidos, Inc. Retirem…Bae Systems Employee…, Total assets ($B): 8.232987243 · Participants: 31556Bae Systems Employee…
Sba Defined Contribution Plan for Bankers Insurance, LLC vs. nearby 401(k) plans in Virginia, assets vs. participants
Compare Sba Defined Contribution Plan for Banker… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Sba Defined Contribution Plan for Bankers Insurance, LLC by total assets, not by location.

Frequently Asked Questions

How did Sba Defined Contribution Plan for Bankers Insurance, LLC assets move in 2022? ▼
Sba Defined Contribution Plan for Bankers Insurance, LLC declined sharply - down 16.8% during 2022, from $42M to $35M. Reported net income was -$7M.
How have Bankers Insurance, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Bankers Insurance, LLC's sponsor-wide assets grew 14.8%, from $35M to $40M.
Where does Sba Defined Contribution Plan for Bankers Insurance, LLC rank by assets among Form 5500 filers? ▼
Sba Defined Contribution Plan for Bankers Insurance, LLC ranks in the 84th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Sba Defined Contribution Plan for Bankers Insurance, LLC? ▼
Among 401(k) plans in other states, the closest by assets is Connor Group, Inc. 401(k) Plan in NV ($35M, 434 participants).

Next read for Sba Defined Contribution Plan for Banker…

Filing takeaways

Ways to act on Sba Defined Contribution Plan for Bankers Insurance, LLC's numbers.

  • By total assets, Sba Defined Contribution Plan for Bankers Insurance, LLC ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Virginia. Compare plans
  • Bankers Insurance, LLC's sponsor-wide assets have grown 14.8% since 2022 across 3 plan years on file. More Finance & Insurance plans

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 541948974.

Read our methodology - how this data is sourced, computed, and verified.

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