401(k) · DOL Form 5500 · 2023

Bankers Insurance, LLC 401(k) Plan

Data updated 2026-08-25

$37M
Total assets Below avg plan size
277
Participants Below avg headcount
82nd
Percentile by assets National rank
$131,982
Avg per participant Near avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Sba Defined Contribution Plan for Bankers Insurance, LLC · Sponsored by Bankers Insurance, LLC · Virginia · Finance & Insurance

$37M in assets, 277 participants

Bankers Insurance, LLC's Sba Defined Contribution Plan for Bankers Insurance, LLC reported $37M in total assets and 277 participants in its 2023 DOL Form 5500 filing, ranking in the 82nd 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.

  • #6,420 in Finance & Insurance (8,869 peers)

Coverage in Virginia

Sba Defined Contribution Plan for Bankers Insurance, LLC covers 277 participants in Virginia, about 35% of the average Virginia filer (state average ~782 per filing). Assets: $37M.

#6,420
in Finance & Insurance (8,869 peers)
+5.6%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Sba Defined Contribution Plan for Bankers Insurance, LLC's outsized position by total assets

Sba Defined Contribution Plan for Bankers Insurance, LLC vs every filed plan by assets

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

$36,559,125 Top 18% higher than 82% 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

Sba Defined Contribution Plan for Bankers Insurance, LLC 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. Sba Defined Contribution Plan for Bankers Insurance, LLC sits mid-pack in the medium band (277 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Sba Defined Contribution Plan for Bankers Insurance, LLC reported net income rose from -$7M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Sba Defined Contribution Plan for Bankers Insurance, LLC end-of-year assets rose from $35M in the plan year 2022 filing to $37M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 541948974 · Bankers Insurance, LLC PY 2023 · 401(k)

Sba Defined Contribution Plan for Bankers Insurance, LLC · $37M · 277 · 82nd

  • PART $37M
  • TYPE 277
  • NET 82nd
  • BOOK 401(k)
  • VS-ST near Cass County Electric Cooperative, Inc. Safe Harbor 401(k) Salary Reduction Plan and Trust
  • BOY ind #6420

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 →

Sba Defined Contribution Plan for Bankers Insurance, LLC in the asset neighbourhood

Race Winning Brands, Inc. Employees' 401(k) PlanRace Winning Brands, Inc. Em…$37MSba Defined Contribution Plan for Bankers Insurance, LLCSba Defined Contribution Pla…$37MCass County Electric Cooperative, Inc. Safe Harbor 401(k) Salary Reduction Plan and TrustCass County Electric Coopera…$37MSomalogic, Inc. 401(k) Plan$37MPeabody Motor Sports, Inc. 401(k) Profit Sharing PlanPeabody Motor Sports, Inc. 4…$37M
End-of-year total assets ($M) among Sba Defined Contribution Plan for Bankers Insurance, LLC and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Virginia filing particulars

Total Assets (Beginning of Year)$35M
Net Assets (End of Year)$37M
Net Income$2M
Employer EIN541948974
Plan Effective Date2001-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Bankers Insurance, LLC)

Sponsor-wide plan assets over time

All Bankers Insurance, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$40M 14.825222718496653% vs 2022
2024 filing year
$34M$36M$38M$40M$42M 202220232024 $34.6M $39.8M ▲ +14.8%
Year Plans Participants Total Assets
2022 1 277 $35M
2023 1 277 $37M
2024 1 256 $40M

Nearby 401(k) Plans in Virginia

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

Sba Defined Contribution Plan for Bankers Insurance, LLC vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -10010203040 Total assets ($B) Participants Sba Defined Contribution Plan for Bankers Insurance, LLC, Total assets ($B): 0.036559125 · Participants: 277Sba Defined Contribution Plan for Bankers Insurance, LLCNorthrop 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
Sba Defined Contribution Plan for Bankers Insurance, LLC vs. nearby 401(k) plans in Virginia, assets vs. participants
Compare Sba Defined Contribution Plan for Bankers Insurance, LLC side-by-side with 3 peers →

Sba Defined Contribution Plan for Bankers Insurance, LLC's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is Cass County Electric Cooperative, Inc. Safe Harbor 401(k) Salary Reduction Plan and Trust in ND ($37M); by covered participants it is Onin Group 401(k) Plan in AL (277 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (277 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 Sba Defined Contribution Plan for Bankers Insurance, LLC assets move in 2023? ▼
Sba Defined Contribution Plan for Bankers Insurance, LLC grew at a solid clip - up 5.6% during 2023, from $35M to $37M. Reported net income was $2M.
How have Bankers Insurance, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Bankers Insurance, LLC's sponsor-wide assets grew 14.8%, from $35M to $40M.
Where does Sba Defined Contribution Plan for Bankers Insurance, LLC rank by assets among Form 5500 filers? ▼
Sba Defined Contribution Plan for Bankers Insurance, LLC ranks in the 82nd 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 Sba Defined Contribution Plan for Bankers Insurance, LLC? ▼
Among 401(k) plans in other states, the closest by assets is Cass County Electric Cooperative, Inc. Safe Harbor 401(k) Salary Reduction Plan and Trust in ND ($37M, 101 participants).
Which 401(k) plans cover a similar participant headcount to Sba Defined Contribution Plan for Bankers Insurance, LLC? ▼
Among 401(k) plans in other states, the closest by covered participants is Onin Group 401(k) Plan in AL (277 participants, $3M 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 541948974.

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.