401(k) · DOL Form 5500 · 2024

Heffernan Insurance Brokers 401(k) Plan

Data updated 2026-08-11

$130M
Total assets
702
Participants
92nd
Percentile by assets
$184,779
Avg per participant
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Official DOL plan name: Heffernan Insurance Brokers 401(k) Plan · Sponsored by Heffernan Insurance Brokers · California · Finance & Insurance

$130M in assets, 702 participants

Heffernan Insurance Brokers's Heffernan Insurance Brokers 401(k) Plan reported $130M in total assets and 702 participants in its 2024 DOL Form 5500 filing, ranking in the 92nd 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.

  • 92nd percentile by assets (of 123,622 plans)
  • #7,498 in Finance & Insurance (8,549 peers)

Where Heffernan Insurance Brokers 401(k) Plan sits by assets

Heffernan Insurance Brokers 401(k) Plan sits in the top 10% of all filed plans by assets, $130M for 702 participants (~$184,779/participant), up 18.1% in 2024.

$130M
total plan assets (2024 EOY)
702
covered participants
92nd
percentile by assets (of 123,622 plans)
$184,779
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Heffernan Insurance Brokers 401(k) Plan reported net income rose from $16M in the plan year 2023 filing to $20M in the plan year 2024 filing.
  • Heffernan Insurance Brokers 401(k) Plan end-of-year assets rose from $110M in the plan year 2023 filing to $130M in the plan year 2024 filing.
  • Heffernan Insurance Brokers 401(k) Plan reported participants rose from 610 in the plan year 2023 filing to 702 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Heffernan Insurance Brokers 401(k) Plan vs the 2024 asset distribution

By assets, Heffernan Insurance Brokers 401(k) Plan outranks 92% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 1.3x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$110M
Net Assets (End of Year)$130M
Net Income$20M
Employer EIN942506099
Plan Effective Date1988-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Heffernan Insurance Brokers)

$80M$100M$120M$140M 202220232024 $91.6M $130M ▲ +41.6%
Total plan assets by year, all Heffernan Insurance Brokers plans on file
Year Plans Participants Total Assets
2022 1 527 $92M
2023 1 610 $110M
2024 1 702 $130M

Nearby 401(k) Plans in California

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

Heffernan Insurance Brokers 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants

Heffernan Insurance Brokers 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Heffernan Insurance …Google LLC 401(k) Sa…Oracle Corporation 4…Intel 401(k) Savings…Apple 401(k) PlanCisco Systems,Inc. 4…
Heffernan Insurance Brokers 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Heffernan Insurance Brokers 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Heffernan Insurance Brokers 401(k) Plan assets move in 2024?
Heffernan Insurance Brokers 401(k) Plan grew sharply - up 18.1% during 2024, from $110M to $130M. Reported net income was $20M.
How have Heffernan Insurance Brokers plan assets changed over time?
Across 3 plan years on file (2022-2024), Heffernan Insurance Brokers's sponsor-wide assets grew 41.6%, from $92M to $130M.
Where does Heffernan Insurance Brokers 401(k) Plan rank by assets among Form 5500 filers?
Heffernan Insurance Brokers 401(k) Plan ranks in the 92nd percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Heffernan Insurance Brokers 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is The Cadmus Group, Inc. 401(k) Profit Sharing Plan in VA ($130M, 595 participants).

Next read for Heffernan Insurance Brokers 401(k) Plan

Scale reading

Ways to act on Heffernan Insurance Brokers 401(k) Plan's numbers.