401(k) · DOL Form 5500 · 2024

Hastings Insurance Company 401(k) Plan

Data updated 2026-08-25

$68M
Total assets Below avg plan size
443
Participants Below avg headcount
87th
Percentile by assets National rank
$152,628
Avg per participant Above avg balance/head
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Official DOL plan name: Hastings Insurance 401(k) Retirement Plan · Sponsored by Hastings Insurance Company · Michigan · Finance & Insurance

$68M in assets, 443 participants

Hastings Insurance Company's Hastings Insurance 401(k) Retirement Plan reported $68M in total assets and 443 participants in its 2024 DOL Form 5500 filing, ranking in the 87th 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.

  • #6,862 in Finance & Insurance (8,549 peers)

Where Hastings Insurance 401(k) Retirement Plan sits by assets

Hastings Insurance 401(k) Retirement Plan sits in the top quartile of all filed plans by assets, $68M for 443 participants (~$152,628/participant), up 7.9% in 2024.

#6,862
in Finance & Insurance (8,549 peers)
+7.9%
assets growth YoY
0.7×
vs typical plan assets (national mean)

Hastings Insurance 401(k) Retirement Plan's outsized position by total assets

Hastings Insurance 401(k) Retirement Plan vs every filed plan by assets

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

$67,613,998 Top 13% higher than 87% 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

Hastings Insurance 401(k) Retirement 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. Hastings Insurance 401(k) Retirement Plan sits mid-pack in the medium band (443 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Hastings Insurance 401(k) Retirement Plan reported net income fell from $8M in the plan year 2023 filing to $5M in the plan year 2024 filing.
  • Hastings Insurance 401(k) Retirement Plan end-of-year assets rose from $63M in the plan year 2023 filing to $68M in the plan year 2024 filing.
  • Hastings Insurance 401(k) Retirement Plan reported participants rose from 424 in the plan year 2023 filing to 443 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 380829290 · Hastings Insurance Company PY 2024 · 401(k)

Hastings Insurance 401(k) Retirement Plan · $68M · 443 · 87th

  • PHOTO $68M
  • IND 443
  • EOY 87th
  • 5500 401(k)
  • ASSETS near Lcec 401(k) Plan
  • PCT ind #6862

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 Michigan →

Hastings Insurance 401(k) Retirement Plan in the asset neighbourhood

Jurgensen Companies Salaried Retirement PlanJurgensen Companies Salaried…$68MKeller Supply Company Profit Sharing 401(k) PlanKeller Supply Company Profit…$68MLcec 401(k) Plan$68MHastings Insurance 401(k) Retirement PlanHastings Insurance 401(k) Re…$68MVelco 401(k) Plan$68M
End-of-year total assets ($M) among Hastings Insurance 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$63M
Net Assets (End of Year)$68M
Net Income$5M
Employer EIN380829290
Plan Effective Date1989-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hastings Insurance Company)

Sponsor-wide plan assets over time

All Hastings Insurance Company plans reported in each filing year

Latest sponsor-wide plan assets
$68M 24.113593880719076% vs 2022
2024 filing year
$50M$55M$60M$65M$70M 202220232024 $54.5M $67.6M ▲ +24.1%
Year Plans Participants Total Assets
2022 1 431 $54M
2023 1 424 $63M
2024 1 443 $68M

Nearby 401(k) Plans in Michigan

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

Hastings Insurance 401(k) Retirement Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -100102030 Total assets ($B) Participants Hastings Insurance 401(k) Retirement Plan, Total assets ($B): 0.067613998 · Participants: 443Hastings Insurance 401(k) Retirement PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 23.0591668 · Participants: 43053General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 17.26893589 · Participants: 31790Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 10.768606712 · Participants: 17128The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 9.568379082 · Participants: 42513The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 8.2932975 · Participants: 60497Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Hastings Insurance 401(k) Retirement Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

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

Outside Michigan, the nearest 401(k) by assets is Lcec 401(k) Plan in FL ($68M); by covered participants it is Managedpay 401(k) Retirement Plan in NV (443 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($68M here).

Similar participant headcount

Nearest other-state filings by covered participants (443 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 Hastings Insurance 401(k) Retirement Plan assets move in 2024?
Hastings Insurance 401(k) Retirement Plan grew at a solid clip - up 7.9% during 2024, from $63M to $68M. Reported net income was $5M.
How have Hastings Insurance Company plan assets changed over time?
Across 3 plan years on file (2022-2024), Hastings Insurance Company's sponsor-wide assets grew 24.1%, from $54M to $68M.
Where does Hastings Insurance 401(k) Retirement Plan rank by assets among Form 5500 filers?
Hastings Insurance 401(k) Retirement Plan ranks in the 87th 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 Hastings Insurance 401(k) Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Lcec 401(k) Plan in FL ($68M, 418 participants).
Which 401(k) plans cover a similar participant headcount to Hastings Insurance 401(k) Retirement Plan?
Among 401(k) plans in other states, the closest by covered participants is Managedpay 401(k) Retirement Plan in NV (443 participants, $13M in assets).