401(k) · DOL Form 5500 · 2023

Markel Group Inc. 401(k) Plan

Data updated 2026-08-25

$839M
Total assets Above avg plan size
3,363
Participants Above avg headcount
98th
Percentile by assets National rank
$249,576
Avg per participant Above avg balance/head
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Official DOL plan name: Markel Group Inc. Retirement Savings Plan · Sponsored by Markel Group Inc. · Virginia · Finance & Insurance

$839M in assets, 3,363 participants

Markel Group Inc.'s Markel Group Inc. Retirement Savings Plan reported $839M in total assets and 3,363 participants in its 2023 DOL Form 5500 filing, ranking in the 98th 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.

  • #8,605 in Finance & Insurance (8,869 peers)

Coverage in Virginia

Markel Group Inc. Retirement Savings Plan covers 3,363 participants in Virginia, 4.3x the typical Virginia plan (state average ~782 per filing). Assets: $839M.

#8,605
in Finance & Insurance (8,869 peers)
+16.2%
assets growth YoY
8.4×
vs typical plan assets (national mean)

Markel Group Inc. Retirement Savings Plan's outsized position by total assets

Markel Group Inc. Retirement Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$839,322,571 Top 2% higher than 98% of 127,068 filed plans

This plan $0 $2,050,000,000 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 2023

Markel Group Inc. Retirement Savings Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Markel Group Inc. Retirement Savings Plan lands in the large band (3,363 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Markel Group Inc. Retirement Savings Plan reported net income rose from -$109M in the plan year 2022 filing to $117M in the plan year 2023 filing.
  • Markel Group Inc. Retirement Savings Plan end-of-year assets rose from $723M in the plan year 2022 filing to $839M in the plan year 2023 filing.
  • Markel Group Inc. Retirement Savings Plan reported participants rose from 3,058 in the plan year 2022 filing to 3,363 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 541959284 · Markel Group Inc. PY 2023 · 401(k)

Markel Group Inc. Retirement Savings Plan · $839M · 3,363 · 98th

  • NET $839M
  • BOOK 3,363
  • VS-ST 98th
  • BOY 401(k)
  • SCH near The Coca-Cola Bottlers' Association 401(k) Retirement Savings Plan
  • EBSA ind #8605

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Finance & Insurance retirement plans → · Plans in Virginia →

Markel Group Inc. Retirement Savings Plan in the asset neighbourhood

Triad 401(k) Savings Plan$840MThe Coca-Cola Bottlers' Association 401(k) Retirement Savings PlanThe Coca-Cola Bottlers' Asso…$839MMarkel Group Inc. Retirement Savings PlanMarkel Group Inc. Retirement…$839MHowmet Aerospace Hourly Retirement Savings PlanHowmet Aerospace Hourly Reti…$839MMartin Marietta Savings and Investment PlanMartin Marietta Savings and …$838M
End-of-year total assets ($M) among Markel Group Inc. Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Virginia filing particulars

Total Assets (Beginning of Year)$723M
Net Assets (End of Year)$839M
Net Income$117M
Employer EIN541959284
Plan Effective Date1986-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Markel Group Inc.)

Sponsor-wide plan assets over time

All Markel Group Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$982M 35.93332906907432% vs 2022
2024 filing year
$600M$700M$800M$900M$1,000M$1,100M 202220232024 $723M $982M ▲ +35.9%
Year Plans Participants Total Assets
2022 1 3,058 $723M
2023 1 3,363 $839M
2024 1 3,611 $982M

Nearby 401(k) Plans in Virginia

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

Markel Group Inc. Retirement Savings Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -10010203040 Total assets ($B) Participants Markel Group Inc. Retirement Savings Plan, Total assets ($B): 0.839322571 · Participants: 3363Markel Group Inc. Retirement Savings PlanNorthrop Grumman Savings Plan, Total assets ($B): 36.173098625 · Participants: 97987Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 14.97867624 · Participants: 62467401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 11.167449098 · Participants: 48860General Dynamics Corporation 401(k) Plan 6.0Leidos, Inc. Retirement Plan, Total assets ($B): 10.583898778 · Participants: 27043Leidos, Inc. Retirement PlanBae Systems Employees' Savings and Investment Plan, Total assets ($B): 9.406287325 · Participants: 31681Bae Systems Employees' Savings and Investment Plan
Markel Group Inc. Retirement Savings Plan vs. nearby 401(k) plans in Virginia, assets vs. participants
Compare Markel Group Inc. Retirement Savings Plan side-by-side with 3 peers →

Markel Group Inc. Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is The Coca-Cola Bottlers' Association 401(k) Retirement Savings Plan in GA ($839M); by covered participants it is Fulton Financial Corporation 401(k) Retirement Plan in PA (3,362 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($839M here).

Similar participant headcount

Nearest other-state filings by covered participants (3,363 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Markel Group Inc. Retirement Savings Plan assets move in 2023? ▼
Markel Group Inc. Retirement Savings Plan grew sharply - up 16.2% during 2023, from $723M to $839M. Reported net income was $117M.
How have Markel Group Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Markel Group Inc.'s sponsor-wide assets grew 35.9%, from $723M to $982M.
Where does Markel Group Inc. Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Markel Group Inc. Retirement Savings Plan ranks in the 98th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Markel Group Inc. Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is The Coca-Cola Bottlers' Association 401(k) Retirement Savings Plan in GA ($839M, 19,643 participants).
Which 401(k) plans cover a similar participant headcount to Markel Group Inc. Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Fulton Financial Corporation 401(k) Retirement Plan in PA (3,362 participants, $505M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 541959284.

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.