On this page of Benford's Law Stocks.com we present our study of NI Holdings, Inc. — ticker symbol NODK. SEC filings have been screened by our Benford's Law software, for quarterly 10Q and annual 10K filings from 3/9/2022 to 5/9/2025 for NI Holdings, Inc. under CIK number 0001681206. For filings made in XBRL (eXtensible Business Reporting Language) format, our algorithm extracts all "tagged" numbers presented by the company; for any non-XBRL filings our algorithm uses its own interal set of rules to extract what it believes to be numbers as found throughout the filings. The format found for each filing is presented below together with the results for NODK, with the percentage of found numbers beginning with each digit (1's, 2's, 3's, 4's, 5's, 6's, 7's, 8's, and 9's) charted against the "normal" range observed throughout our coverage universe, as well as the "normal" range for NI Holdings, Inc. based on the past NODK filings our system processed in the past.
30.2
20.1
14.3
10.3
6.8
6.0
4.2
4.0
4.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
XBRL?   [ original filing, NODK stockholder letter ]
Total numbers found: 1,126
Recent share count: 20,698,574 (2's column)

= Typical range across full coverage universe
Benford's Law Stocks Indicator
1126
High count compared to other filers, with NODK falling in the highest quartile of filers. At this number count, it would take about 11 numbers to move any given column by a full percentage point.
99

Starting from a possible score of 100, we made the following score deductions:
 • We deducted point upon observing the 7's percentage was below the company's typical historical range.
 • The 9's percentage was higher than the 8's percentage, increasing the penalty multiplier.
Benford's Law Stocks Indicator
NODK
High score compared to other filers, with NODK falling in the highest 10% of filers.
IOVA
LNT
NWFL
POWL
LASR
MARK
NTNX
PINC
Check our work! We provide our NI Holdings, Inc. Benford's Law analysis for informational purposes only, and our software should be expected to make mistakes and contain errors (nothing you see on this website should be relied upon for any decision-making without first repeating the analysis yourself independently), and so below we present to you all of the numbers our system detected, for the NODK filing above. This way, you can open the filing on your own and compare what you see below against what you yourself find. This can also be helpful for exploring any columns in particular that caught your eye.

1's 2's 3's
We found 340 numbers that start with the digit 1. Here they are:
1,812
1,812
12,561
11,474
13,223
100
100
11,185
11,097
135,886
137,288
122,063
126,498
13,183
18,128
15,671
18,231
1,456
16,528
16,817
1,289
1,898
113,305
1,817
10
1,807
1,400
18,231
131
15,671
1,074
1,400
1,400
176
153
1,456
173
154
16,528
16,817
14,041
18,975
179
114
1,972
1,749
133
1,402
1,346
16,663
11,393
131
153
157
157
178
12,342
100
10.00
10,500
1,772
12,705
187
12,608
129,759
124,258
108
1,410
12,601
12,274
184
123,585
116,274
10,970
10,874
137,344
128,823
142,822
132,092
1,321
165
187
18,191
14,757
188
12
11,320
177,795
109
143
102,154
1,409
19,442
10,926
122
1,356
176,398
190
199
15
177
177
1,547
1,456
1,828
12,608
12,608
124,258
124,258
11,698
11,698
12,274
12,274
116,274
116,274
10,950
10,950
117,000
1,000
11,000
1,000
100
105
133,000
1,000
11,000
1,000
10,000
100
105
102,657
137
151
137
151
19,616
19,502
15,475
15,673
1,621
1,621
1,420
13,135
1,070
12,065
14,041
16,528
14,041
18,975
16,528
16,817
137,288
12,561
124,727
168,150
1,418
1,284
10,375
12,940
135,886
127,240
175,522
1,418
1,284
137,288
119,184
12,561
124,727
112,724
1,418
1,256
10,375
11,702
135,886
120,531
127,240
114,185
12,037
12,065
1,238
104,475
1,249
1,249
12,507
12,497
1,444
1,444
1,280
1,280
19,254
19,232
11,860
11,685
173
173
154
100
106
163
146
134
198
1.0
10.00
194,520
14.26
16.6
115
122
115
122
101
100
1,681
190
1,871
143
11
154
1,538
179
1,717
10,000
1,000,000
100,000
1,000
150
100
146,580
15.37
119,398
14.67
14.82
15.18
104,398
15.11
127,254
14.26
14.77
14.62
105
16.53
14.19
147,173
16.14
120,100
15.23
17.50
14.19
17.79
17
185
13
143
119
17,904
19,727
10,500
1,772
12,272
11,148
15,673
16,850
12,065
1,592
17,503
137
18,278
15
1,170
18,253
13,498
14,538
129
145
1,621
13,495
14,538
1,204
13,934
123
16,528
1,957
1,644
1,785
1,289
132.7
125.0
126.3
10,446
1,292
1,706
11
11,474
11,474
100
100
19,467
10,337
135,886
122,063
151
151
1,123
1,345
1,549
11,409
16,869
12,782
1,962
116
1,108
1,420
11,293
16,869
12,181
1,557
1,358
10,809
1,570
16
16,817
18
10,303
1,505
10
1,833
1,456
1,898
100.5
1
108.7
100.6
10,269
12,978
1,054
13,913
13,913
120,531
133,727
We found 226 numbers that start with the digit 2. Here they are:
20,698,574
25,584
24,640
232
23,813
26,300
2,331
2,629
232
271,364
281,914
25,000,000
23,000,000
20,698,574
20,673,268
230
230
207,997
201,584
2,255,946
2,281,252
254,000
244,631
230
2,838
2,755
21,014,923
20,932,774
21,096,130
21,046,079
2,560
230
201,584
244,631
2,560
2,560
230
207,997
254,000
230
208,376
21,384
2,758
250,399
2,758
230
218,451
23,858
255,846
2,528
298
2,799
2,293
2,514
2,367
2,573
20
26
25
20,000
29,996
2,750
27,354
21,689
206
2,943
27,184
24,485
22
218
2,072
20,874
2,738
22,946
2,750
20,833
226,315
21,689
226
29,428
25,790
20,827
23,159
2,893
20,851
2,943
20,579
23,129
249,258
24,485
2,872
208
241
2,838
2,755
2,838
275
290
27,354
27,354
25,584
25,584
27,184
27,184
24,640
24,640
20,000
20,000
20,000
2,000
2,000
20,000
233
2,490
233
26,300
23,108
20,663
23,813
26,300
26,790
23,813
28,948
217,119
25,637
225,006
25,637
26,981
28
2,774
2,762
243
2,628
2,628
2,628
2,628
2,628
2,400
2.50
2,093
2,506
21.5
21.0
20
20
24
26
26
25
296
212
212
20,673,268
20,599,908
25,306
29,546
20,698,574
20,629,454
2,052
27,513
204,139
2,093
213,800
26,327
2,173
24,154
200
207
232
216
2
2
23,828
26,511
25
2,790
22,658
23,721
2,282
233
233
2,037
28,972
24
2,892
2,796
24
25,160
221
230
2,838
26,159
2,909
23,813
2,228
28,726
22,996
23,225
25,058
24,245
204
2,831
297
22,102
24,989
21,414
2,928
2,421
29,740
2,982
2,015
2,736
2
25,522
2,183
2,537
2,755
24,562
22,720
2,428
28,948
2,970
2,728
2,728
25,610
20,124
We found 161 numbers that start with the digit 3. Here they are:
314,303
307,712
398,901
385,094
337
33,884
34,293
38,525
31
33
31
33
31
31
31
30
3,313
3,313
34,293
33,884
35,177
3,832
34,599
3,687
3,824
3,915
3,491
3,428
3,428
3,459
3,459
3,594
300,000
344
31,871
342
384
31,829
3,736
3,165
334,582
314,303
335
30,062
386
3,301
3,737
3,249
331,304
307,712
36,188
3,736
3,165
334,582
314,303
36,723
3,737
3,249
331,304
307,712
31,964
32,790
3,644
379
384
3,165
3,165
335
37,893
3,179
31,505
3,301
3,249
3,249
3,128
369
3,771
3,647
3,553
326
372
31,829
31,829
3,165
3,165
314,303
314,303
351,585
37,282
314,303
3,249
3,249
307,712
307,712
343,302
35,590
307,712
3,000
38
39
38
39
3,829
38,525
38,525
34,120
36,565
3,846
37,107
38,525
31,897
36,012
37,107
38,888
38,525
36,012
38,683
320
346
3,000
3.94
386
396
376
376
396
358
306
337
394
372
3,846
3,559
39
39
361
357
376
3,241
3
38,525
3,715
393
3,812
37.1
32.6
33.0
37.3
30
35
38,266
3,074
3,960
3,789
350
31.8
31.3
36.5
33
3,255
36,095
4's 5's 6's
We found 116 numbers that start with the digit 4. Here they are:
49,220
455
455
404
40,144
407
455
480
480
493
47
409
455
423
480
4,435
4,919
4,221
4,143
4,962
4,962
41,037
44,631
45,449
446
48,559
4,920
43,823
44
4,981
48,777
488
41,453
41,465
4,469
4,237
411
40,499
47,547
48,520
4,177
4,777
4,920
481
451
4,530
43,986
4,981
488
488
437
499
45,449
45,449
43,823
43,823
48,777
48,777
4,000
4,000
4,704
4,703
4,704
4,703
4,141
40,379
45
40,379
41,519
45
40,144
4,133
48,969
44,837
49,484
40,144
42,509
4,916
43,138
440
403
45,480
413
4
4
4.47
496
401
401
463
4
42
44
49,220
4,703
40,379
499
4,486
4,566
4,345
41.3
45.4
49,220
4,701
41,519
45
45
405
40,144
4,038
4,218
404
46.4
41.2
42,641
48,751
We found 77 numbers that start with the digit 5. Here they are:
57,202
50,930
52,907
5,045
525,364
526,545
525,364
526,545
516
5,019
581
581
555
578
516
581
52
5,130
5,140
50,930
57,202
55
51,038
5,669
5,947
571
53,714
59,046
56,131
59,598
5,750
5,696
57,986
55,882
5,634
5,558
5,258
5,669
5,729
5,947
5,993
5
571
571
5,443
50
503
503
543
56,131
56,131
5,000
5,000
5,666
5,665
54,654
52,209
50,925
52,209
55,426
52,907
56,154
59
59,979
516
5,037
59.6
57.1
50.7
53,358
5,665
515
51.1
56.9
57.4
51.4
59,979
We found 68 numbers that start with the digit 6. Here they are:
67,497
69,884
63,685
65,666
6,460
6,935
6,460
6,419
6,460
6,419
6,460
6,460
698
6,419
6,419
698
6,460
6,419
683
6,929
6,374
6,272
6,272
6,181
69,640
65
61,550
6,181
66
69,640
69,640
67,728
63,062
67,497
67,728
63,062
67,497
69,884
6,460
6,346
6,154
61,337
649
6
6
69,420
61
653
67,497
628
6,324
657
6,101
6,460
6.4
6,759
6,362
69
69,884
601
6,696
65
6,935
67.5
6,295
6,346
65,228
6,240
7's 8's 9's
We found 47 numbers that start with the digit 7. Here they are:
746
7,017
7,394
7,547
7,255
7,324
71,434
74,499
7,749
753
76
7,628
7,586
75,477
7,517
79,529
75,655
79,544
74,070
77,089
7,676
76,364
7,036
7,517
72,860
798
72,161
72,161
75,398
77,512
7,330
7,617
7,394
7,547
79,800
7
798
72,161
7,378
7,833
7,749
79.6
74.3
77,321
7,443
75,398
7,020
We found 45 numbers that start with the digit 8. Here they are:
8,646
869
8,632
8,705
8,833
81,207
869
85
88
8,748
887
80
8
893
8,535
856
8,465
892
869
869
85,557
83,041
8,646
8,646
89
84
8.50
8.50
8
8
845
8,632
8,281
869
87.8
8,646
8,120
8
8,288
8,705
8,833
82.9
88.2
8,621
88
We found 46 numbers that start with the digit 9. Here they are:
95,783
95,796
9,020
95,796
95,783
96,294
96,320
978
947
921
9,728
9,888
987
90
95,280
9,620
97
933
9
91
94,900
9,807
9,494
92,987
97,935
91
96
97
90
92,160
90
9,932
9,787
9,163
987
99
92.2
94.4
9,676
9,400
9,233
990
97.8
93.9
92
9,477
While the above NODK 10Q Filed 5/9/2025 is interesting in isolation, we have found that it is also useful to take a look at older NI Holdings, Inc. filings processed by our Benford's Law Stocks algorithm, to see how the company's filings "typically look" on a Benford's Law analysis. Below we repeat the 10Q Filed 5/9/2025 but instead of the chart comparing against the typical company across our coverage universe, below we show the same chart compared against the typical NODK 10Q and 10K filings that we have processed historically. This is followed by similar charts for each of those historical filings.

30.2
20.1
14.3
10.3
6.8
6.0
4.2
4.0
4.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 99
XBRL?   [ original filing ]
Total numbers found: 1,126

= Typical NODK range from 3/9/2022 to 5/9/2025
28.2
21.5
13.1
9.6
6.4
5.7
5.3
4.8
5.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 96
XBRL?   [ original filing ]
Total numbers found: 1,955

= Typical NODK range from 3/9/2022 to 5/9/2025
29.6
18.9
12.8
8.7
8.4
5.9
5.8
4.2
5.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 95
XBRL?   [ original filing ]
Total numbers found: 1,602

= Typical NODK range from 3/9/2022 to 5/9/2025
27.9
20.0
13.7
11.3
6.8
6.1
5.6
4.3
4.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 97
XBRL?   [ original filing ]
Total numbers found: 2,637

= Typical NODK range from 3/9/2022 to 5/9/2025
33.1
16.1
11.9
9.7
8.7
6.3
5.8
3.8
4.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 100
XBRL?   [ original filing ]
Total numbers found: 1,114

= Typical NODK range from 3/9/2022 to 5/9/2025
27.8
19.7
16.3
10.8
7.5
5.2
5.3
3.8
3.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 94
XBRL?   [ original filing ]
Total numbers found: 2,676

= Typical NODK range from 3/9/2022 to 5/9/2025
27.5
19.6
11.7
11.2
7.5
7.6
5.0
4.7
5.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 86
XBRL?   [ original filing ]
Total numbers found: 1,112

= Typical NODK range from 3/9/2022 to 5/9/2025
32.9
18.7
13.3
10.5
7.3
4.5
4.4
3.8
4.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 98
XBRL?   [ original filing ]
Total numbers found: 1,607

= Typical NODK range from 3/9/2022 to 5/9/2025
29.0
20.8
10.8
9.5
8.5
6.3
5.1
4.5
5.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 98
XBRL?   [ original filing ]
Total numbers found: 1,584

= Typical NODK range from 3/9/2022 to 5/9/2025
28.1
21.1
13.0
10.3
6.0
5.8
5.0
5.0
5.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 93
XBRL?   [ original filing ]
Total numbers found: 2,615

= Typical NODK range from 3/9/2022 to 5/9/2025
27.6
21.8
13.3
8.2
6.7
6.9
5.7
5.2
4.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 95
XBRL?   [ original filing ]
Total numbers found: 1,967

= Typical NODK range from 3/9/2022 to 5/9/2025
27.4
18.6
13.9
11.8
7.1
6.5
5.6
4.5
4.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 97
XBRL?   [ original filing ]
Total numbers found: 2,677

= Typical NODK range from 3/9/2022 to 5/9/2025
30.4
18.0
11.3
9.8
10.2
6.3
5.7
3.3
4.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 83
XBRL?   [ original filing ]
Total numbers found: 1,138

= Typical NODK range from 3/9/2022 to 5/9/2025
32.4
18.8
14.4
9.4
6.3
5.6
4.2
4.5
4.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 99
XBRL?   [ original filing ]
Total numbers found: 1,580

= Typical NODK range from 3/9/2022 to 5/9/2025
 

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