401k Plan data: PROFIT SHARING PLAN plan

PROFIT SHARING PLAN 401k Plan overview

Plan Name	PROFIT SHARING PLAN
Plan identification number	001

PROFIT SHARING PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Profit-sharing
ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
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

ORADELL FLORIST INC. has sponsored the creation of one or more 401k plans.

Company Name: ORADELL FLORIST INC.

Employer identification number (EIN): 222283684

NAIC Classification: 453110
NAIC Description: Florists

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2019-01-01 ELAINE PATRI 2020-07-22
001 2018-01-01 BRIAN PATRI 2019-07-19
001 2015-01-01 ELAINE PATRI
001 2014-01-01 ELAINE PATRI
001 2013-01-01 ELAINE PATRI
001 2012-01-01 ELAINE PATRI
001 2011-01-01 ELAINE PATRI ELAINE PATRI 2012-10-15

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2019-01-01	ELAINE PATRI	2020-07-22
001	2018-01-01	BRIAN PATRI	2019-07-19
001	2015-01-01	ELAINE PATRI
001	2014-01-01	ELAINE PATRI
001	2013-01-01	ELAINE PATRI
001	2012-01-01	ELAINE PATRI
001	2011-01-01	ELAINE PATRI		ELAINE PATRI	2012-10-15

Plan Statistics for PROFIT SHARING PLAN

401k plan membership statisitcs for PROFIT SHARING PLAN

Measure Date Value
2015: PROFIT SHARING PLAN 2015 401k membership
Total participants, beginning-of-year 2015-01-01 30
Total number of active participants reported on line 7a of the Form 5500 2015-01-01 0
Total of all active and inactive participants 2015-01-01 0
Total participants 2015-01-01 0
2014: PROFIT SHARING PLAN 2014 401k membership
Total participants, beginning-of-year 2014-01-01 30
Total number of active participants reported on line 7a of the Form 5500 2014-01-01 30
Total of all active and inactive participants 2014-01-01 30
Total participants 2014-01-01 30
Number of participants with account balances 2014-01-01 30
2013: PROFIT SHARING PLAN 2013 401k membership
Total participants, beginning-of-year 2013-01-01 26
Total number of active participants reported on line 7a of the Form 5500 2013-01-01 30
Total of all active and inactive participants 2013-01-01 30
Total participants 2013-01-01 30
Number of participants with account balances 2013-01-01 30
2012: PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year 2012-01-01 26
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 26
Total of all active and inactive participants 2012-01-01 26
Total participants 2012-01-01 26
2011: PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 26
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 26
Total of all active and inactive participants 2011-01-01 26
Total participants 2011-01-01 26
Number of participants with account balances 2011-01-01 26

Measure	Date	Value
2015: PROFIT SHARING PLAN 2015 401k membership
Total participants, beginning-of-year	2015-01-01	30
Total number of active participants reported on line 7a of the Form 5500	2015-01-01	0
Total of all active and inactive participants	2015-01-01	0
Total participants	2015-01-01	0
2014: PROFIT SHARING PLAN 2014 401k membership
Total participants, beginning-of-year	2014-01-01	30
Total number of active participants reported on line 7a of the Form 5500	2014-01-01	30
Total of all active and inactive participants	2014-01-01	30
Total participants	2014-01-01	30
Number of participants with account balances	2014-01-01	30
2013: PROFIT SHARING PLAN 2013 401k membership
Total participants, beginning-of-year	2013-01-01	26
Total number of active participants reported on line 7a of the Form 5500	2013-01-01	30
Total of all active and inactive participants	2013-01-01	30
Total participants	2013-01-01	30
Number of participants with account balances	2013-01-01	30
2012: PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year	2012-01-01	26
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	26
Total of all active and inactive participants	2012-01-01	26
Total participants	2012-01-01	26
2011: PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	26
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	26
Total of all active and inactive participants	2011-01-01	26
Total participants	2011-01-01	26
Number of participants with account balances	2011-01-01	26

Financial Data on PROFIT SHARING PLAN

Measure	Date	Value
2015 : PROFIT SHARING PLAN 2015 401k financial data
Transfers to/from the plan	2015-12-31	$-38,935
Expenses. Total of all expenses incurred	2015-12-31	$274,245
Benefits paid (including direct rollovers)	2015-12-31	$209,837
Total plan assets at end of year	2015-12-31	$0
Total plan assets at beginning of year	2015-12-31	$313,180
Value of fidelity bond covering the plan	2015-12-31	$31,500
Net income (gross income less expenses)	2015-12-31	$-274,245
Net plan assets at end of year (total assets less liabilities)	2015-12-31	$0
Net plan assets at beginning of year (total assets less liabilities)	2015-12-31	$313,180
Value of corrective distributions	2015-12-31	$64,408
2014 : PROFIT SHARING PLAN 2014 401k financial data
Expenses. Total of all expenses incurred	2014-12-31	$2,632
Total plan assets at end of year	2014-12-31	$313,180
Total plan assets at beginning of year	2014-12-31	$315,812
Value of fidelity bond covering the plan	2014-12-31	$31,500
Net income (gross income less expenses)	2014-12-31	$-2,632
Net plan assets at end of year (total assets less liabilities)	2014-12-31	$313,180
Net plan assets at beginning of year (total assets less liabilities)	2014-12-31	$315,812
Expenses. Administrative service providers (salaries,fees and commissions)	2014-12-31	$2,632
2013 : PROFIT SHARING PLAN 2013 401k financial data
Total income from all sources	2013-12-31	$3,343
Total plan assets at end of year	2013-12-31	$313,461
Total plan assets at beginning of year	2013-12-31	$310,118
Value of fidelity bond covering the plan	2013-12-31	$35,000
Net income (gross income less expenses)	2013-12-31	$3,343
Net plan assets at end of year (total assets less liabilities)	2013-12-31	$313,461
Net plan assets at beginning of year (total assets less liabilities)	2013-12-31	$310,118
Total contributions received or receivable from employer(s)	2013-12-31	$3,343
2012 : PROFIT SHARING PLAN 2012 401k financial data
Total income from all sources	2012-12-31	$30,359
Total plan assets at end of year	2012-12-31	$310,118
Total plan assets at beginning of year	2012-12-31	$279,759
Value of fidelity bond covering the plan	2012-12-31	$35,000
Other income received	2012-12-31	$30,359
Net income (gross income less expenses)	2012-12-31	$30,359
Net plan assets at end of year (total assets less liabilities)	2012-12-31	$310,118
Net plan assets at beginning of year (total assets less liabilities)	2012-12-31	$279,759
2011 : PROFIT SHARING PLAN 2011 401k financial data
Total income from all sources	2011-12-31	$-39,982
Total plan assets at end of year	2011-12-31	$279,759
Total plan assets at beginning of year	2011-12-31	$319,741
Value of fidelity bond covering the plan	2011-12-31	$35,000
Other income received	2011-12-31	$-39,982
Net income (gross income less expenses)	2011-12-31	$-39,982
Net plan assets at end of year (total assets less liabilities)	2011-12-31	$279,759
Net plan assets at beginning of year (total assets less liabilities)	2011-12-31	$319,741

Form 5500 Responses for PROFIT SHARING PLAN

2015: PROFIT SHARING PLAN 2015 form 5500 responses
2015-01-01	Type of plan entity	Single employer plan
2015-01-01	This submission is the final filing	Yes
2015-01-01	Plan funding arrangement – Trust	Yes
2015-01-01	Plan benefit arrangement - Trust	Yes
2014: PROFIT SHARING PLAN 2014 form 5500 responses
2014-01-01	Type of plan entity	Single employer plan
2014-01-01	Plan funding arrangement – Trust	Yes
2014-01-01	Plan benefit arrangement - Trust	Yes
2013: PROFIT SHARING PLAN 2013 form 5500 responses
2013-01-01	Type of plan entity	Single employer plan
2013-01-01	Plan funding arrangement – Trust	Yes
2013-01-01	Plan benefit arrangement - Trust	Yes
2012: PROFIT SHARING PLAN 2012 form 5500 responses
2012-01-01	Type of plan entity	Single employer plan
2012-01-01	Submission has been amended	Yes
2012-01-01	Plan funding arrangement – Trust	Yes
2012-01-01	Plan benefit arrangement - Trust	Yes
2011: PROFIT SHARING PLAN 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	ORADELL FLORIST INC.
Employer identification number (EIN):	222283684
NAIC Classification:	453110
NAIC Description:	Florists