401(k) · DOL Form 5500 · 2023

Iat Insurance Group Inc. 401(k) Plan

Data updated 2026-08-11

$252M
Total assets
1,020
Participants
96th
Percentile by assets
$247,083
Avg per participant
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Official DOL plan name: Iat Insurance Group, Inc. Profit Sharing 401(k) Plan · Sponsored by Iat Insurance Group Inc. · North Carolina · Finance & Insurance

$252M in assets, 1,020 participants

Iat Insurance Group Inc.'s Iat Insurance Group, Inc. Profit Sharing 401(k) Plan reported $252M in total assets and 1,020 participants in its 2023 DOL Form 5500 filing, ranking in the 96th 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.

  • 96th percentile by assets (of 127,072 plans)
  • #8,231 in Finance & Insurance (8,869 peers)

Where Iat Insurance Group, Inc. Profit Sharing 401(k) Plan sits by assets

Iat Insurance Group, Inc. Profit Sharing 401(k) Plan sits in the top 5% of all filed plans by assets, $252M for 1,020 participants (~$247,083/participant), up 19.8% in 2023.

$252M
total plan assets (2023 EOY)
1,020
covered participants
96th
percentile by assets (of 127,072 plans)
$247,083
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Iat Insurance Group, Inc. Profit Sharing 401(k) Plan reported net income rose from -$35M in the plan year 2022 filing to $42M in the plan year 2023 filing.
  • Iat Insurance Group, Inc. Profit Sharing 401(k) Plan end-of-year assets rose from $210M in the plan year 2022 filing to $252M in the plan year 2023 filing.
  • Iat Insurance Group, Inc. Profit Sharing 401(k) Plan reported participants rose from 983 in the plan year 2022 filing to 1,020 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
North Carolina
Industry
Finance & Insurance

Iat Insurance Group, Inc. Profit Sharing 401(k) Plan vs the 2023 asset distribution

By assets, Iat Insurance Group, Inc. Profit Sharing 401(k) Plan outranks 96% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 2.5x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$210M
Net Assets (End of Year)$252M
Net Income$42M
Employer EIN561171691
Plan Effective Date1987-09-12
Filing StatusFILING RECEIVED

Sponsor Plan History (Iat Insurance Group Inc.)

$200M$250M$300M 202220232024 $210M $288M ▲ +36.8%
Total plan assets by year, all Iat Insurance Group Inc. plans on file
Year Plans Participants Total Assets
2022 1 983 $210M
2023 1 1,020 $252M
2024 1 1,005 $288M

Nearby 401(k) Plans in North Carolina

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

Iat Insurance Group, Inc. Profit Sharing 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants

Iat Insurance Group, Inc. Profit Sharing 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants Iat Insurance Group,…The Bank of America …Honeywell 401(k) PlanDuke Energy Retireme…Truist Financial Cor…Nucor Corporation Pr…
Iat Insurance Group, Inc. Profit Sharing 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Iat Insurance Group, Inc. Profit Sharing… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Iat Insurance Group, Inc. Profit Sharing 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Iat Insurance Group, Inc. Profit Sharing 401(k) Plan assets move in 2023? ▼
Iat Insurance Group, Inc. Profit Sharing 401(k) Plan grew sharply - up 19.8% during 2023, from $210M to $252M. Reported net income was $42M.
How have Iat Insurance Group Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Iat Insurance Group Inc.'s sponsor-wide assets grew 36.8%, from $210M to $288M.
Where does Iat Insurance Group, Inc. Profit Sharing 401(k) Plan rank by assets among Form 5500 filers? ▼
Iat Insurance Group, Inc. Profit Sharing 401(k) Plan ranks in the 96th 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 Iat Insurance Group, Inc. Profit Sharing 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Transystems Corporation 401(k) Plan in MO ($252M, 1,618 participants).

Next read for Iat Insurance Group, Inc. Profit Sharing…

Scale reading

Ways to act on Iat Insurance Group, Inc. Profit Sharing 401(k) Plan's numbers.

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 561171691.

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.