401(k) · DOL Form 5500 · 2024

Gibson Insurance Agency, Inc. 401(k) Plan

Data updated 2026-08-11

$38M
Total assets
175
Participants
81st
Percentile by assets
$217,798
Avg per participant
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Official DOL plan name: Gibson Insurance Agency, Inc. 401(k) Plan · Sponsored by Gibson Insurance Agency, Inc. · Indiana · Finance & Insurance

$38M in assets, 175 participants

Gibson Insurance Agency, Inc.'s Gibson Insurance Agency, Inc. 401(k) Plan reported $38M in total assets and 175 participants in its 2024 DOL Form 5500 filing, ranking in the 81st 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.

  • 81st percentile by assets (of 123,622 plans)
  • #5,995 in Finance & Insurance (8,549 peers)

Coverage in Indiana

Gibson Insurance Agency, Inc. 401(k) Plan covers 175 participants in Indiana, about 32% of the average Indiana filer (state average ~541 per filing). Assets: $38M.

$38M
total plan assets (2024 EOY)
175
covered participants
81st
percentile by assets (of 123,622 plans)
$217,798
avg assets per participant

Where Gibson Insurance Agency, Inc. 401(k) Plan sits by total assets

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

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

$38,114,710 Top 19% higher than 81% of 123,620 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Gibson Insurance Agency, Inc. 401(k) Plan reported net income rose from $5M in the plan year 2023 filing to $6M in the plan year 2024 filing.
  • Gibson Insurance Agency, Inc. 401(k) Plan end-of-year assets rose from $32M in the plan year 2023 filing to $38M in the plan year 2024 filing.
  • Gibson Insurance Agency, Inc. 401(k) Plan reported participants rose from 152 in the plan year 2023 filing to 175 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Participants vs Indiana filers

In Indiana, the average filing covers about 541 participants across 2,302 plans. Gibson Insurance Agency, Inc. 401(k) Plan reports 175 participants - about 32% of that state average ($38M EOY assets).

Indiana filing particulars

Total Assets (Beginning of Year)$32M
Net Assets (End of Year)$38M
Net Income$6M
Employer EIN351116724
Plan Effective Date1972-12-31
Filing StatusFILING RECEIVED

Sponsor Plan History (Gibson Insurance Agency, Inc.)

$45M$50M$55M$60M$65M$70M 202220232024 $47.4M $63.6M ▲ +34.3%
Total plan assets by year, all Gibson Insurance Agency, Inc. plans on file
Year Plans Participants Total Assets
2022 2 286 $47M
2023 2 295 $55M
2024 2 336 $64M

Nearby 401(k) Plans in Indiana

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

Gibson Insurance Agency, Inc. 401(k) Plan vs. nearby 401(k) plans in Indiana, assets vs. participants

Gibson Insurance Agency, 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 Gibson Insurance Age…The Lilly Employee 4…Elevance Health 401(…Cummins Retirement a…Iu Health 401(k) Sav…Steel Dynamics, Inc.…
Gibson Insurance Agency, Inc. 401(k) Plan vs. nearby 401(k) plans in Indiana, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Gibson Insurance Agency, Inc. 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Gibson Insurance Agency, Inc. 401(k) Plan assets move in 2024?
Gibson Insurance Agency, Inc. 401(k) Plan grew sharply - up 19.2% during 2024, from $32M to $38M. Reported net income was $6M.
How have Gibson Insurance Agency, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Gibson Insurance Agency, Inc.'s sponsor-wide assets grew 34.3%, from $47M to $64M.
Where does Gibson Insurance Agency, Inc. 401(k) Plan rank by assets among Form 5500 filers?
Gibson Insurance Agency, Inc. 401(k) Plan ranks in the 81st 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 Gibson Insurance Agency, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Pctel, Inc. 401(k) Plan in IL ($38M, 180 participants).

Next read for Gibson Insurance Agency, Inc. 401(k) Pla…

Filing takeaways

Ways to act on Gibson Insurance Agency, Inc. 401(k) Plan's numbers.