401(k)
2022 plan-year 401(k) DOL Form 5500

Gibson Insurance Agency, Inc. 401(k) Plan

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

Sponsored by Gibson Insurance Agency, Inc. · Indiana · Finance & Insurance

What the 2023 filing shows

Gibson Insurance Agency, Inc. 401(k) Plan holds $27M for 149 participants — about $181,900 per participant, down 19.6% over the 2022 plan year.

$27M
total plan assets (2022 EOY)
149
covered participants
$181,900
avg assets per participant
-19.6%
assets change YoY

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.

Total Assets (2023)
$27M
Participants
149
State
Industry
Finance & Insurance

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

Gibson Insurance Agency, Inc. 401(k) Plan is a 401(k) retirement plan sponsored by Gibson Insurance Agency, Inc., headquartered in Indiana. As of the 2022 Form 5500 filing, the plan reports $27M in total end-of-year assets and covers 149 participants across the Finance & Insurance industry. The sponsor's EIN on file with the U.S. Department of Labor is 351116724, and the plan has been effective since 1972-12-31. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $34M at the beginning of 2022 to $27M at year-end — a decline of 19.6%. Net assets (after liabilities) closed the year at $27M, with reported net income of $-6,596,776 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)$34M
Total Assets (End of Year)$27M
Net Assets (End of Year)$27M
Net Income$-6,596,776
Plan Type401(k)
Employer EIN351116724
Plan Effective Date1972-12-31
Filing StatusFILING RECEIVED

Sponsor Plan History (Gibson Insurance Agency, Inc.)

Year Plans Participants Total Assets
2022 2 286 $47M
2023 2 295 $55M
2024 2 336 $64M

Nearby 401(k) Plans in Indiana

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Frequently Asked Questions

How much money is in the Gibson Insurance Agency, Inc. 401(k) Plan?
As of the 2022 Form 5500 filing, Gibson Insurance Agency, Inc. 401(k) Plan holds $27M in total assets with 149 participants. It is sponsored by Gibson Insurance Agency, Inc..
What type of plan is Gibson Insurance Agency, Inc. 401(k) Plan?
Gibson Insurance Agency, Inc. 401(k) Plan is a 401(k) plan. It has been effective since 1972-12-31. The plan is filed with the U.S. Department of Labor under EIN 351116724.
Who sponsors the Gibson Insurance Agency, Inc. 401(k) Plan?
Gibson Insurance Agency, Inc. 401(k) Plan is sponsored by Gibson Insurance Agency, Inc., located in Indiana. The sponsor's EIN is 351116724 and the plan operates in the Finance & Insurance industry.
How did Gibson Insurance Agency, Inc. 401(k) Plan perform in 2022?
Gibson Insurance Agency, Inc. 401(k) Plan declined by 19.6% during 2022, moving from $34M to $27M in total assets. Net income was $-6,596,776.
Where can I find official filings for Gibson Insurance Agency, Inc. 401(k) Plan?
Official Form 5500 filings for Gibson Insurance Agency, Inc. 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 351116724 or plan name at efast.dol.gov.
How does Gibson Insurance Agency, Inc. 401(k) Plan compare to other plans?
You can compare Gibson Insurance Agency, Inc. 401(k) Plan against other 401(k) 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 351116724.

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.