401(k) · DOL Form 5500 · 2023

Mike Olson Insurance Agency, Inc. 401(k) Plan

Data updated 2026-08-25

$60K
Total assets Small plan by assets
4
Participants Small participant base
4th
Percentile by assets National rank
$15,000
Avg per participant Low balance/head
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Official DOL plan name: Mike Olson Insurance Agency Retirement Plan · Sponsored by Mike Olson Insurance Agency, Inc. · Arizona · Finance & Insurance

$60K in assets, 4 participants

Mike Olson Insurance Agency, Inc.'s Mike Olson Insurance Agency Retirement Plan reported $60K in total assets and 4 participants in its 2023 DOL Form 5500 filing, ranking in the 4th 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.

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

Mike Olson Insurance Agency, Inc. multi-year trail

Mike Olson Insurance Agency, Inc.'s plans moved -71.4% in assets from 2022 to 2024; this filing shows Mike Olson Insurance Agency Retirement Plan at $60K / 4 participants.

#242
in Finance & Insurance (8,869 peers)
-65.7%
assets change YoY

The plan reported a net loss of $115K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Mike Olson Insurance Agency Retirement Plan among the smaller filed plans by assets

Mike Olson Insurance Agency Retirement Plan vs every filed plan by assets

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

$60,000 4th percentile higher than 4% 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

Mike Olson Insurance Agency Retirement Plan among micro filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Mike Olson Insurance Agency Retirement Plan is a micro filing (4 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Mike Olson Insurance Agency Retirement Plan reported net income fell from $25K in the plan year 2022 filing to -$115K in the plan year 2023 filing.
  • Mike Olson Insurance Agency Retirement Plan end-of-year assets fell from $175K in the plan year 2022 filing to $60K in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 472066870 · Mike Olson Insurance Agency, Inc. PY 2023 · 401(k)

Mike Olson Insurance Agency Retirement Plan · $60K · 4 · 4th

  • IND $60K
  • IND 4
  • IND 4th
  • IND 401(k)
  • IND near B & B Industries Inc 401(k) Plan
  • IND ind #242

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 Arizona →

Mike Olson Insurance Agency Retirement Plan in the asset neighbourhood

Mike Olson Insurance Agency Retirement PlanMike Olson Insurance Agency …$60KB & B Industries Inc 401(k) PlanB & B Industries Inc 401(k) …$60KPremiere Global Industries Corporation 401(k) Profit Sharing PlanPremiere Global Industries C…$60KKrem Capital, Inc. Retirement PlanKrem Capital, Inc. Retiremen…$60KWebtv 401(k) Trust$60K
End-of-year total assets ($M) among Mike Olson Insurance Agency Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Mike Olson Insurance Agency, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Mike Olson Insurance Agency, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$50K 71.42857142857143% vs 2022
2024 filing year
$0M$0.05M$0.1M$0.15M$0.2M 202220232024 $0.18M $0.05M ▼ -72.2%
Year Plans Participants Total Assets
2022 1 4 $175K
2023 1 4 $60K
2024 1 N/A $50K

Mike Olson Insurance Agency, Inc. filing trail (2023)

Total Assets (Beginning of Year)$175K
Net Assets (End of Year)$60K
Net Income-$115K
Employer EIN472066870
Plan Effective Date2014-10-14
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Arizona

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

Mike Olson Insurance Agency Retirement Plan vs. nearby 401(k) plans in Arizona, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -20246 Total assets ($B) Participants Mike Olson Insurance Agency Retirement Plan, Total assets ($B): 0.00006 · Participants: 4Mike Olson Insurance Agency Retirement PlanBechtel Trust & Thrift Plan, Total assets ($B): 5.691074806 · Participants: 7448Bechtel Trust & Thrift PlanBanner Health Employees 401(k) Plan, Total assets ($B): 4.270882725 · Participants: 52452Banner Health Employees 401(k) PlanRepublic Services, Inc. 401(k) Plan, Total assets ($B): 2.379834679 · Participants: 28131Republic Services, Inc. 401(k) PlanFreeport-Mcmoran Inc. Employee Capital Accumulation Program, Total assets ($B): 2.323111586 · Participants: 13105Freeport-Mcmoran Inc. Employee Capital Accumulation ProgramStantec 401(k) Plan, Total assets ($B): 2.021683156 · Participants: 10719Stantec 401(k) Plan
Mike Olson Insurance Agency Retirement Plan vs. nearby 401(k) plans in Arizona, assets vs. participants
Compare Mike Olson Insurance Agency Retirement Plan side-by-side with 3 peers →

Mike Olson Insurance Agency Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Arizona, the nearest 401(k) by assets is B & B Industries Inc 401(k) Plan in TX ($60K); by covered participants it is Makingchg, Inc. Retirement Plan in TN (4 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($60K here).

Similar participant headcount

Nearest other-state filings by covered participants (4 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 Mike Olson Insurance Agency Retirement Plan assets move in 2023? ▼
Mike Olson Insurance Agency Retirement Plan contracted severely - down 65.7% during 2023, from $175K to $60K. Reported net income was -$115K.
How have Mike Olson Insurance Agency, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Mike Olson Insurance Agency, Inc.'s sponsor-wide assets declined 71.4%, from $175K to $50K.
Where does Mike Olson Insurance Agency Retirement Plan rank by assets among Form 5500 filers? ▼
Mike Olson Insurance Agency Retirement Plan ranks in the 4th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the smaller plans by assets on file).
Which 401(k) plans are similar in size to Mike Olson Insurance Agency Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is B & B Industries Inc 401(k) Plan in TX ($60K, 3 participants).
Which 401(k) plans cover a similar participant headcount to Mike Olson Insurance Agency Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Makingchg, Inc. Retirement Plan in TN (4 participants, N/A 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 472066870.

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.