401(k) · DOL Form 5500 · 2023

Insurance Office of America, Inc. 401(k) Plan

Data updated 2026-08-25

$70M
Total assets Below avg plan size
1,180
Participants Near avg headcount
89th
Percentile by assets National rank
$59,088
Avg per participant Low balance/head
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Official DOL plan name: Insurance Office of America 401(k) Plan · Sponsored by Insurance Office of America, Inc. · Florida · Finance & Insurance

$70M in assets, 1,180 participants

Insurance Office of America, Inc.'s Insurance Office of America 401(k) Plan reported $70M in total assets and 1,180 participants in its 2023 DOL Form 5500 filing, ranking in the 89th 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.

  • #7,305 in Finance & Insurance (8,869 peers)

Where Insurance Office of America 401(k) Plan sits by assets

Insurance Office of America 401(k) Plan sits in the top quartile of all filed plans by assets, $70M for 1,180 participants (~$59,088/participant), up 25.8% in 2023.

#7,305
in Finance & Insurance (8,869 peers)
+25.8%
assets growth YoY
0.7×
vs typical plan assets (national mean)

Insurance Office of America 401(k) Plan's outsized position by total assets

Insurance Office of America 401(k) Plan vs every filed plan by assets

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

$69,723,410 Top 11% higher than 89% 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

Insurance Office of America 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Insurance Office of America 401(k) Plan lands in the large band (1,180 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Insurance Office of America 401(k) Plan reported net income rose from -$7M in the plan year 2022 filing to $14M in the plan year 2023 filing.
  • Insurance Office of America 401(k) Plan end-of-year assets rose from $55M in the plan year 2022 filing to $70M in the plan year 2023 filing.
  • Insurance Office of America 401(k) Plan reported participants rose from 1,065 in the plan year 2022 filing to 1,180 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 592472656 · Insurance Office of America, Inc. PY 2023 · 401(k)

Insurance Office of America 401(k) Plan · $70M · 1,180 · 89th

  • RANK $70M
  • PHOTO 1,180
  • IND 89th
  • EOY 401(k)
  • 5500 near Barnhill Contracting Co.Psp
  • ASSETS ind #7305

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 Florida →

Insurance Office of America 401(k) Plan in the asset neighbourhood

Germania Companies Employees Profit Sharing and Savings PlanGermania Companies Employees…$70MMyfuture 401(k) Retirement Savings PlanMyfuture 401(k) Retirement S…$70MBarnhill Contracting Co.Psp$70MInsurance Office of America 401(k) PlanInsurance Office of America …$70MAuction.Com 401(k) Plan$70M
End-of-year total assets ($M) among Insurance Office of America 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)$55M
Net Assets (End of Year)$70M
Net Income$14M
Employer EIN592472656
Plan Effective Date1992-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Insurance Office of America, Inc.)

Sponsor-wide plan assets over time

All Insurance Office of America, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$93M 46.82580956274197% vs 2022
2024 filing year
$60M$70M$80M$90M$100M 202220232024 $63.2M $92.9M ▲ +46.8%
Year Plans Participants Total Assets
2022 2 2,043 $63M
2023 2 2,246 $78M
2024 2 2,354 $93M

Nearby 401(k) Plans in Florida

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

Insurance Office of America 401(k) Plan vs. nearby 401(k) plans in Florida, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -505101520 Total assets ($B) Participants Insurance Office of America 401(k) Plan, Total assets ($B): 0.06972341 · Participants: 1180Insurance Office of America 401(k) PlanL3harris Retirement Savings Plan, Total assets ($B): 15.384363901 · Participants: 40665L3harris Retirement Savings PlanSavings Plan for Employees and Partners of Pwc, Total assets ($B): 11.333196569 · Participants: 50817Savings Plan for Employees and Partners of PwcAdp Totalsource Retirement Savings Plan, Total assets ($B): 8.025816173 · Participants: 308867Adp Totalsource Retirement Savings PlanTrinet 401(k) Plan, Total assets ($B): 7.029692551 · Participants: 157945Trinet 401(k) PlanPublix Super Markets, Inc. 401(k) Smart Plan, Total assets ($B): 6.572590596 · Participants: 184674Publix Super Markets, Inc. 401(k) Smart Plan
Insurance Office of America 401(k) Plan vs. nearby 401(k) plans in Florida, assets vs. participants
Compare Insurance Office of America 401(k) Plan side-by-side with 3 peers →

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

Outside Florida, the nearest 401(k) by assets is Barnhill Contracting Co.Psp in NC ($70M); by covered participants it is Destination Xl Group, Inc. 401(k) Savings Plan in MA (1,180 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($70M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,180 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 Insurance Office of America 401(k) Plan assets move in 2023? ▼
Insurance Office of America 401(k) Plan grew sharply - up 25.8% during 2023, from $55M to $70M. Reported net income was $14M.
How have Insurance Office of America, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Insurance Office of America, Inc.'s sponsor-wide assets grew 46.8%, from $63M to $93M.
Where does Insurance Office of America 401(k) Plan rank by assets among Form 5500 filers? ▼
Insurance Office of America 401(k) Plan ranks in the 89th 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 Insurance Office of America 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Barnhill Contracting Co.Psp in NC ($70M, 1,020 participants).
Which 401(k) plans cover a similar participant headcount to Insurance Office of America 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Destination Xl Group, Inc. 401(k) Savings Plan in MA (1,180 participants, $94M 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 592472656.

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.