401(k) · DOL Form 5500 · 2023

Smith Brothers Insurance, LLC 401(k) Plan

Data updated 2026-08-25

$26M
Total assets Below avg plan size
198
Participants Below avg headcount
77th
Percentile by assets National rank
$132,540
Avg per participant Near avg balance/head
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Official DOL plan name: Smith Brothers Insurance, LLC 401(k) Retirement Plan · Sponsored by Smith Brothers Insurance, LLC · Connecticut · Finance & Insurance

$26M in assets, 198 participants

Smith Brothers Insurance, LLC's Smith Brothers Insurance, LLC 401(k) Retirement Plan reported $26M in total assets and 198 participants in its 2023 DOL Form 5500 filing, ranking in the 77th 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.

  • #5,792 in Finance & Insurance (8,869 peers)

Coverage in Connecticut

Smith Brothers Insurance, LLC 401(k) Retirement Plan covers 198 participants in Connecticut, about 28% of the average Connecticut filer (state average ~718 per filing). Assets: $26M.

#5,792
in Finance & Insurance (8,869 peers)
+3.7%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Smith Brothers Insurance, LLC 401(k) Retirement Plan's outsized position by total assets

Smith Brothers Insurance, LLC 401(k) Retirement Plan vs every filed plan by assets

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

$26,242,941 Top 23% higher than 77% 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

Smith Brothers Insurance, LLC 401(k) Retirement Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Smith Brothers Insurance, LLC 401(k) Retirement Plan sits mid-pack in the medium band (198 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Smith Brothers Insurance, LLC 401(k) Retirement Plan reported net income rose from -$4M in the plan year 2022 filing to $943K in the plan year 2023 filing.
  • Smith Brothers Insurance, LLC 401(k) Retirement Plan end-of-year assets rose from $25M in the plan year 2022 filing to $26M in the plan year 2023 filing.
  • Smith Brothers Insurance, LLC 401(k) Retirement Plan reported participants rose from 191 in the plan year 2022 filing to 198 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 060391040 · Smith Brothers Insurance, LLC PY 2023 · 401(k)

Smith Brothers Insurance, LLC 401(k) Retirement Plan · $26M · 198 · 77th

  • EBSA $26M
  • EBSA 198
  • EBSA 77th
  • EBSA 401(k)
  • EBSA near Stanion Wholesale Electric Company, Inc. 401(k) Profit Sharing Plan
  • EBSA ind #5792

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 Connecticut →

Smith Brothers Insurance, LLC 401(k) Retirement Plan in the asset neighbourhood

Smith Brothers Insurance, LLC 401(k) Retirement PlanSmith Brothers Insurance, LL…$26MStanion Wholesale Electric Company, Inc. 401(k) Profit Sharing PlanStanion Wholesale Electric C…$26MCascade Dafo, Inc. 401(k) Profit Sharing PlanCascade Dafo, Inc. 401(k) Pr…$26MC J Moyna & Sons, LLC 401(k) Retirement Savings PlanC J Moyna & Sons, LLC 401(k)…$26MTessitura Network, Inc. Retirement PlanTessitura Network, Inc. Reti…$26M
End-of-year total assets ($M) among Smith Brothers Insurance, LLC 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Connecticut filing particulars

Total Assets (Beginning of Year)$25M
Net Assets (End of Year)$26M
Net Income$943K
Employer EIN060391040
Plan Effective Date1998-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Smith Brothers Insurance, LLC)

Sponsor-wide plan assets over time

All Smith Brothers Insurance, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$29M 14.957009665246371% vs 2022
2024 filing year
$24M$26M$28M$30M 202220232024 $25.3M $29.1M ▲ +14.9%
Year Plans Participants Total Assets
2022 1 191 $25M
2023 1 198 $26M
2024 1 199 $29M

Nearby 401(k) Plans in Connecticut

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

Smith Brothers Insurance, LLC 401(k) Retirement Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Smith Brothers Insurance, LLC 401(k) Retirement Plan, Total assets ($B): 0.026242941 · Participants: 198Smith Brothers Insurance, LLC 401(k) Retirement PlanRtx Savings Plan, Total assets ($B): 52.759784 · Participants: 123037Rtx Savings PlanCiti Retirement Savings Plan, Total assets ($B): 20.653030659 · Participants: 77865Citi Retirement Savings PlanThe Hartford Investment and Savings Plan, Total assets ($B): 6.478512 · Participants: 18377The Hartford Investment and Savings PlanXerox Corporation Savings Plan, Total assets ($B): 3.948866 · Participants: 10291Xerox Corporation Savings PlanEversource 401(k) Plan, Total assets ($B): 3.751712453 · Participants: 9504Eversource 401(k) Plan
Smith Brothers Insurance, LLC 401(k) Retirement Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants
Compare Smith Brothers Insurance, LLC 401(k) Retirement Plan side-by-side with 3 peers →

Smith Brothers Insurance, LLC 401(k) Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Connecticut, the nearest 401(k) by assets is Stanion Wholesale Electric Company, Inc. 401(k) Profit Sharing Plan in KS ($26M); by covered participants it is Wampum Hardware Co. Profit Sharing 401(k) Plan in PA (198 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (198 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 Smith Brothers Insurance, LLC 401(k) Retirement Plan assets move in 2023? ▼
Smith Brothers Insurance, LLC 401(k) Retirement Plan edged up modestly - up 3.7% during 2023, from $25M to $26M. Reported net income was $943K.
How have Smith Brothers Insurance, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Smith Brothers Insurance, LLC's sponsor-wide assets grew 15.0%, from $25M to $29M.
Where does Smith Brothers Insurance, LLC 401(k) Retirement Plan rank by assets among Form 5500 filers? ▼
Smith Brothers Insurance, LLC 401(k) Retirement Plan ranks in the 77th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Smith Brothers Insurance, LLC 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Stanion Wholesale Electric Company, Inc. 401(k) Profit Sharing Plan in KS ($26M, 207 participants).
Which 401(k) plans cover a similar participant headcount to Smith Brothers Insurance, LLC 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Wampum Hardware Co. Profit Sharing 401(k) Plan in PA (198 participants, $39M 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 060391040.

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.