401(k) · DOL Form 5500 · 2024

Mj Insurance Inc. 401(k) Plan

Data updated 2026-08-25

$42M
Total assets Below avg plan size
194
Participants Below avg headcount
82nd
Percentile by assets National rank
$215,988
Avg per participant Above avg balance/head
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Official DOL plan name: Mj Insurance, Inc. 401(k) Plan · Sponsored by Mj Insurance Inc. · Indiana · Finance & Insurance

$42M in assets, 194 participants

Mj Insurance Inc.'s Mj Insurance, Inc. 401(k) Plan reported $42M in total assets and 194 participants in its 2024 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.

  • #6,172 in Finance & Insurance (8,549 peers)

Coverage in Indiana

Mj Insurance, Inc. 401(k) Plan covers 194 participants in Indiana, about 36% of the average Indiana filer (state average ~541 per filing). Assets: $42M.

#6,172
in Finance & Insurance (8,549 peers)
+21.9%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Mj Insurance, Inc. 401(k) Plan's outsized position by total assets

Mj Insurance, Inc. 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$41,901,737 Top 18% higher than 82% of 123,620 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 2024

Mj Insurance, Inc. 401(k) Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Mj Insurance, Inc. 401(k) Plan sits mid-pack in the medium band (194 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Mj Insurance, Inc. 401(k) Plan end-of-year assets rose from $34M in the plan year 2023 filing to $42M in the plan year 2024 filing.
  • Mj Insurance, Inc. 401(k) Plan reported net income rose from $7M in the plan year 2023 filing to $8M in the plan year 2024 filing.
  • Mj Insurance, Inc. 401(k) Plan reported participants rose from 189 in the plan year 2023 filing to 194 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 351109367 · Mj Insurance Inc. PY 2024 · 401(k)

Mj Insurance, Inc. 401(k) Plan · $42M · 194 · 82nd

  • BOY $42M
  • BOY 194
  • BOY 82nd
  • BOY 401(k)
  • BOY near Crews Banking Retirement Plan
  • BOY ind #6172

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 Indiana →

Mj Insurance, Inc. 401(k) Plan in the asset neighbourhood

Mj Insurance, Inc. 401(k) PlanMj Insurance, Inc. 401(k) Pl…$42MCrews Banking Retirement Plan$42MLightedge Solutions, LLC 401(k) PlanLightedge Solutions, LLC 401…$42MHot Topic 401(k) Plan$42MKnox Mclaughlin Gornall & Sennett, P.C. 401(k) Profit Sharing PlanKnox Mclaughlin Gornall & Se…$42M
End-of-year total assets ($M) among Mj Insurance, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Indiana filing particulars

Total Assets (Beginning of Year)$34M
Net Assets (End of Year)$42M
Net Income$8M
Employer EIN351109367
Plan Effective Date1985-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Mj Insurance Inc.)

Sponsor-wide plan assets over time

All Mj Insurance Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$42M 53.87239072713075% vs 2022
2024 filing year
$25M$30M$35M$40M$45M 202220232024 $27.2M $41.9M ▲ +53.9%
Year Plans Participants Total Assets
2022 1 192 $27M
2023 1 189 $34M
2024 1 194 $42M

Nearby 401(k) Plans in Indiana

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

Mj Insurance, Inc. 401(k) Plan vs. nearby 401(k) plans in Indiana, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Mj Insurance, Inc. 401(k) Plan, Total assets ($B): 0.041901737 · Participants: 194Mj Insurance, Inc. 401(k) PlanThe Lilly Employee 401(k) Plan, Total assets ($B): 13.056609955 · Participants: 19977The Lilly Employee 401(k) PlanElevance Health 401(k) Plan, Total assets ($B): 12.109864062 · Participants: 73120Elevance Health 401(k) PlanCummins Retirement and Savings Plan, Total assets ($B): 6.366370789 · Participants: 30272Cummins Retirement and Savings PlanIu Health 401(k) Savings Plan, Total assets ($B): 4.481656061 · Participants: 38460Iu Health 401(k) Savings PlanSteel Dynamics, Inc. Profit Sharing and Retirement Savings Plan, Total assets ($B): 2.996436059 · Participants: 9385Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan
Mj Insurance, Inc. 401(k) Plan vs. nearby 401(k) plans in Indiana, assets vs. participants
Compare Mj Insurance, Inc. 401(k) Plan side-by-side with 3 peers →

Mj Insurance, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Indiana, the nearest 401(k) by assets is Crews Banking Retirement Plan in FL ($42M); by covered participants it is Teamsnap Retirement Savings Plan in IL (194 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($42M here).

Similar participant headcount

Nearest other-state filings by covered participants (194 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Mj Insurance, Inc. 401(k) Plan assets move in 2024? ▼
Mj Insurance, Inc. 401(k) Plan grew sharply - up 21.9% during 2024, from $34M to $42M. Reported net income was $8M.
How have Mj Insurance Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Mj Insurance Inc.'s sponsor-wide assets grew 53.9%, from $27M to $42M.
Where does Mj Insurance, Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Mj Insurance, Inc. 401(k) Plan ranks in the 82nd percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Mj Insurance, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Crews Banking Retirement Plan in FL ($42M, 375 participants).
Which 401(k) plans cover a similar participant headcount to Mj Insurance, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Teamsnap Retirement Savings Plan in IL (194 participants, $7M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 351109367.

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.