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MICHAEL J. FLORA & ASSOCIATES PROFIT SHARING PLAN 401k Plan overview

Plan NameMICHAEL J. FLORA & ASSOCIATES PROFIT SHARING PLAN
Plan identification number 001

MICHAEL J. FLORA & ASSOCIATES PROFIT SHARING PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
  • Profit-sharing
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

MICHAEL J. FLORA & ASSOCIATES has sponsored the creation of one or more 401k plans.

Company Name:MICHAEL J. FLORA & ASSOCIATES
Employer identification number (EIN):112996097
NAIC Classification:524210
NAIC Description:Insurance Agencies and Brokerages

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MICHAEL J. FLORA & ASSOCIATES PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01
0012022-01-01
0012021-01-01
0012020-01-01
0012019-01-01
0012018-01-01
0012017-01-01
0012016-01-01
0012014-01-01
0012013-01-01
0012012-01-01STEPHEN OMALLEY2013-10-03
0012011-01-01STEPHEN OMALLEY2012-10-10
0012010-01-01JAMES CONSOLATI2011-09-12

Plan Statistics for MICHAEL J. FLORA & ASSOCIATES PROFIT SHARING PLAN

401k plan membership statisitcs for MICHAEL J. FLORA & ASSOCIATES PROFIT SHARING PLAN

Measure Date Value
2025: MICHAEL J. FLORA & ASSOCIATES PROFIT SHARING PLAN 2025 401k membership
Total number of particpants at beginning of year2025-06-302
Total number of particpants at end of year2025-06-302
Number of Participants With Account Balances2025-06-302
2024: MICHAEL J. FLORA & ASSOCIATES PROFIT SHARING PLAN 2024 401k membership
Total number of particpants at beginning of year2024-09-182
Total number of particpants at end of year2024-09-182
Number of Participants With Account Balances2024-09-182
2022: MICHAEL J. FLORA & ASSOCIATES PROFIT SHARING PLAN 2022 401k membership
Total number of particpants at beginning of year2022-04-282
Total number of particpants at end of year2022-04-282
Number of Participants With Account Balances2022-04-282

Financial Data on MICHAEL J. FLORA & ASSOCIATES PROFIT SHARING PLAN

Measure Date Value
2025 : MICHAEL J. FLORA & ASSOCIATES PROFIT SHARING PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-06-307578
Net assets as of the end of the plan year2025-06-30217740
Total assets as of the beginning of the plan year2025-06-30220368
Value of plan covered by a fidelity bond2025-06-3020000
Other income to plan in this plan year2025-06-304950
Plan net income in this plan year2025-06-30-2628
Net assets as of the end of the plan year2025-06-30217740
Net assets as of the beginning of the plan year2025-06-30220368
2024 : MICHAEL J. FLORA & ASSOCIATES PROFIT SHARING PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-09-1827648
Net assets as of the end of the plan year2024-09-18220368
Total assets as of the beginning of the plan year2024-09-18242845
Value of plan covered by a fidelity bond2024-09-1820000
Other income to plan in this plan year2024-09-185171
Plan net income in this plan year2024-09-18-22477
Net assets as of the end of the plan year2024-09-18220368
Net assets as of the beginning of the plan year2024-09-18242845
2022 : MICHAEL J. FLORA & ASSOCIATES PROFIT SHARING PLAN 2022 401k financial data
Total transfers to/from plan in this plan year2022-04-280
Total liabilities as of the end of the plan year2022-04-280
Total liabilities as of the beginning of the plan year2022-04-280
Total expenses incurred by plan in this plan year2022-04-280
Net assets as of the end of the plan year2022-04-28245387
Total assets as of the beginning of the plan year2022-04-28230212
Value of plan covered by a fidelity bond2022-04-2820000
Participant contributions to plan in this plan year2022-04-280
Value of participant loans at end of plan year2022-04-280
Other expenses paid from plan in this plan year2022-04-280
Other contributions to plan in this plan year2022-04-280
Other income to plan in this plan year2022-04-285175
Plan net income in this plan year2022-04-2815175
Net assets as of the end of the plan year2022-04-28245387
Net assets as of the beginning of the plan year2022-04-28230212
Value of contributions failed to transmitted timely2022-04-280
Employer contributions to plan in this plan year2022-04-2810000
Fees paid to broker by Benefit Provider2022-04-280
Expensese paid to adminstrative service provicers from plan in this plan year2022-04-280

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