401(k) · DOL Form 5500 · 2023

Next Insurance, Inc. 401(k) Plan

Data updated 2026-08-25

$26M
Total assets Below avg plan size
473
Participants Below avg headcount
77th
Percentile by assets National rank
$54,807
Avg per participant Low balance/head
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Official DOL plan name: Next Insurance 401(k) Plan · Sponsored by Next Insurance, Inc. · California · Finance & Insurance

$26M in assets, 473 participants

Next Insurance, Inc.'s Next Insurance 401(k) Plan reported $26M in total assets and 473 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.

  • #5,774 in Finance & Insurance (8,869 peers)

Where Next Insurance 401(k) Plan sits by assets

Next Insurance 401(k) Plan sits in the top quartile of all filed plans by assets, $26M for 473 participants (~$54,807/participant), up 42.4% in 2023.

#5,774
in Finance & Insurance (8,869 peers)
+42.4%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Next Insurance 401(k) Plan's outsized position by total assets

Next Insurance 401(k) Plan vs every filed plan by assets

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

$25,923,876 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

Next Insurance 401(k) 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. Next Insurance 401(k) Plan sits mid-pack in the medium band (473 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Next Insurance 401(k) Plan reported net income rose from $2M in the plan year 2022 filing to $8M in the plan year 2023 filing.
  • Next Insurance 401(k) Plan reported participants fell from 844 in the plan year 2022 filing to 473 in the plan year 2023 filing.
  • Next Insurance 401(k) Plan end-of-year assets rose from $18M in the plan year 2022 filing to $26M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 810830573 · Next Insurance, Inc. PY 2023 · 401(k)

Next Insurance 401(k) Plan · $26M · 473 · 77th

  • VS-ST $26M
  • BOY 473
  • SCH 77th
  • EBSA 401(k)
  • PART near James J. Anderson Construction Co., Inc 401 (K) Plan
  • TYPE ind #5774

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 California →

Next Insurance 401(k) Plan in the asset neighbourhood

Trillium Flow Technologies 401(k) PlanTrillium Flow Technologies 4…$26MEverquote 401(k) Plan$26MNovares US LLC 401(k) Plan$26MNext Insurance 401(k) Plan$26MJames J. Anderson Construction Co., Inc 401 (K) PlanJames J. Anderson Constructi…$26M
End-of-year total assets ($M) among Next Insurance 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$18M
Net Assets (End of Year)$26M
Net Income$8M
Employer EIN810830573
Plan Effective Date2019-10-15
Filing StatusFILING RECEIVED

Sponsor Plan History (Next Insurance, Inc.)

Sponsor-wide plan assets over time

All Next Insurance, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$34M 85.84465279665667% vs 2022
2024 filing year
$15M$20M$25M$30M$35M$40M 202220232024 $18.2M $33.8M ▲ +85.9%
Year Plans Participants Total Assets
2022 1 844 $18M
2023 1 473 $26M
2024 1 470 $34M

Nearby 401(k) Plans in California

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

Next Insurance 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Next Insurance 401(k) Plan, Total assets ($B): 0.025923876 · Participants: 473Next Insurance 401(k) PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 51.831350351 · Participants: 193919Wells Fargo & Company 401(k) PlanGoogle LLC 401(k) Savings Plan, Total assets ($B): 39.047152408 · Participants: 122867Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 26.320437734 · Participants: 63105Oracle Corporation 401(k) Savings and Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 22.17918189 · Participants: 59863Intel 401(k) Savings PlanApple 401(k) Plan, Total assets ($B): 19.779511539 · Participants: 106111Apple 401(k) Plan
Next Insurance 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants
Compare Next Insurance 401(k) Plan side-by-side with 3 peers →

Next Insurance 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside California, the nearest 401(k) by assets is James J. Anderson Construction Co., Inc 401 (K) Plan in PA ($26M); by covered participants it is Life Extension Foundation Buyers Club Inc. 401(k) in FL (473 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($26M here).

Similar participant headcount

Nearest other-state filings by covered participants (473 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 Next Insurance 401(k) Plan assets move in 2023? ▼
Next Insurance 401(k) Plan surged - up 42.4% during 2023, from $18M to $26M. Reported net income was $8M.
How have Next Insurance, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Next Insurance, Inc.'s sponsor-wide assets grew 85.8%, from $18M to $34M.
Where does Next Insurance 401(k) Plan rank by assets among Form 5500 filers? ▼
Next Insurance 401(k) 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 Next Insurance 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is James J. Anderson Construction Co., Inc 401 (K) Plan in PA ($26M, 94 participants).
Which 401(k) plans cover a similar participant headcount to Next Insurance 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Life Extension Foundation Buyers Club Inc. 401(k) in FL (473 participants, $35M 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 810830573.

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.