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THE OKLAHOMA FLOWER MARKET, INC. 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan NameTHE OKLAHOMA FLOWER MARKET, INC. 401(K) PROFIT SHARING PLAN
Plan identification number 001

THE OKLAHOMA FLOWER MARKET, INC. 401(K) 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
  • 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.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • 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

THE OKLAHOMA FLOWER MARKET, INC. has sponsored the creation of one or more 401k plans.

Company Name:THE OKLAHOMA FLOWER MARKET, INC.
Employer identification number (EIN):730614953
NAIC Classification:424930
NAIC Description:Flower, Nursery Stock, and Florists' Supplies Merchant Wholesalers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE OKLAHOMA FLOWER MARKET, INC. 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01MICHAEL HURLEY2023-04-26
0012021-01-01MICHAEL HURLEY2022-04-06
0012020-01-01MICHAEL HURLEY2021-03-25
0012019-01-01MICHAEL HURLEY2020-02-18
0012018-01-01MICHAEL HURLEY2019-04-22
0012017-01-01MICHAEL HURLEY
0012016-01-01MICHAEL HURLEY
0012015-01-01MICHAEL HURLEY
0012014-01-01MICHAEL HURLEY
0012013-01-01MICHAEL HURLEY
0012012-01-01MICHAEL HURLEY
0012011-01-01MICHAEL HURLEY
0012010-01-01MICHAEL HURLEY
0012009-01-01MICHAEL HURLEY

Plan Statistics for THE OKLAHOMA FLOWER MARKET, INC. 401(K) PROFIT SHARING PLAN

401k plan membership statisitcs for THE OKLAHOMA FLOWER MARKET, INC. 401(K) PROFIT SHARING PLAN

Measure Date Value
2017: THE OKLAHOMA FLOWER MARKET, INC. 401(K) PROFIT SHARING PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-0121
Total number of active participants reported on line 7a of the Form 55002017-01-0117
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-014
Total of all active and inactive participants2017-01-0121
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-0121
Number of participants with account balances2017-01-0121
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-010
2016: THE OKLAHOMA FLOWER MARKET, INC. 401(K) PROFIT SHARING PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-0120
Total number of active participants reported on line 7a of the Form 55002016-01-0115
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-015
Total of all active and inactive participants2016-01-0120
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-0120
Number of participants with account balances2016-01-0120
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-010
2015: THE OKLAHOMA FLOWER MARKET, INC. 401(K) PROFIT SHARING PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-0119
Total number of active participants reported on line 7a of the Form 55002015-01-0115
Number of other retired or separated participants entitled to future benefits2015-01-015
Total of all active and inactive participants2015-01-0120
Total participants2015-01-0120
Number of participants with account balances2015-01-0120
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-010
2014: THE OKLAHOMA FLOWER MARKET, INC. 401(K) PROFIT SHARING PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-0118
Total number of active participants reported on line 7a of the Form 55002014-01-0115
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-014
Total of all active and inactive participants2014-01-0119
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-0119
Number of participants with account balances2014-01-0120
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-010
2013: THE OKLAHOMA FLOWER MARKET, INC. 401(K) PROFIT SHARING PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-0120
Total number of active participants reported on line 7a of the Form 55002013-01-0114
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-014
Total of all active and inactive participants2013-01-0118
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-0118
Number of participants with account balances2013-01-0118
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-010
2012: THE OKLAHOMA FLOWER MARKET, INC. 401(K) PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-0120
Total number of active participants reported on line 7a of the Form 55002012-01-0117
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-013
Total of all active and inactive participants2012-01-0120
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-0120
Number of participants with account balances2012-01-0120
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010
2011: THE OKLAHOMA FLOWER MARKET, INC. 401(K) PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-0120
Total number of active participants reported on line 7a of the Form 55002011-01-0118
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-012
Total of all active and inactive participants2011-01-0120
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-0120
Number of participants with account balances2011-01-0120
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010
2010: THE OKLAHOMA FLOWER MARKET, INC. 401(K) PROFIT SHARING PLAN 2010 401k membership
Total participants, beginning-of-year2010-01-0119
Total number of active participants reported on line 7a of the Form 55002010-01-0118
Number of retired or separated participants receiving benefits2010-01-010
Number of other retired or separated participants entitled to future benefits2010-01-012
Total of all active and inactive participants2010-01-0120
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-010
Total participants2010-01-0120
Number of participants with account balances2010-01-0119
2009: THE OKLAHOMA FLOWER MARKET, INC. 401(K) PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-0117
Total number of active participants reported on line 7a of the Form 55002009-01-0116
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-012
Total of all active and inactive participants2009-01-0118
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-0118
Number of participants with account balances2009-01-0118
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-012

Financial Data on THE OKLAHOMA FLOWER MARKET, INC. 401(K) PROFIT SHARING PLAN

Measure Date Value
2017 : THE OKLAHOMA FLOWER MARKET, INC. 401(K) PROFIT SHARING PLAN 2017 401k financial data
Total income from all sources2017-12-31$284,598
Expenses. Total of all expenses incurred2017-12-31$6,966
Benefits paid (including direct rollovers)2017-12-31$6,966
Total plan assets at end of year2017-12-31$1,603,379
Total plan assets at beginning of year2017-12-31$1,325,747
Value of fidelity bond covering the plan2017-12-31$100,000
Total contributions received or receivable from participants2017-12-31$26,910
Contributions received from other sources (not participants or employers)2017-12-31$0
Other income received2017-12-31$236,192
Net income (gross income less expenses)2017-12-31$277,632
Net plan assets at end of year (total assets less liabilities)2017-12-31$1,603,379
Net plan assets at beginning of year (total assets less liabilities)2017-12-31$1,325,747
Total contributions received or receivable from employer(s)2017-12-31$21,496
Value of certain deemed distributions of participant loans2017-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2017-12-31$0
2016 : THE OKLAHOMA FLOWER MARKET, INC. 401(K) PROFIT SHARING PLAN 2016 401k financial data
Total income from all sources2016-12-31$116,001
Expenses. Total of all expenses incurred2016-12-31$172
Benefits paid (including direct rollovers)2016-12-31$172
Total plan assets at end of year2016-12-31$1,325,747
Total plan assets at beginning of year2016-12-31$1,209,918
Value of fidelity bond covering the plan2016-12-31$100,000
Total contributions received or receivable from participants2016-12-31$32,546
Contributions received from other sources (not participants or employers)2016-12-31$0
Other income received2016-12-31$64,460
Net income (gross income less expenses)2016-12-31$115,829
Net plan assets at end of year (total assets less liabilities)2016-12-31$1,325,747
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$1,209,918
Total contributions received or receivable from employer(s)2016-12-31$18,995
Value of certain deemed distributions of participant loans2016-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2016-12-31$0
2015 : THE OKLAHOMA FLOWER MARKET, INC. 401(K) PROFIT SHARING PLAN 2015 401k financial data
Total income from all sources2015-12-31$97,949
Expenses. Total of all expenses incurred2015-12-31$128,642
Benefits paid (including direct rollovers)2015-12-31$128,642
Total plan assets at end of year2015-12-31$1,209,918
Total plan assets at beginning of year2015-12-31$1,240,611
Value of fidelity bond covering the plan2015-12-31$100,000
Total contributions received or receivable from participants2015-12-31$36,594
Other income received2015-12-31$40,020
Net income (gross income less expenses)2015-12-31$-30,693
Net plan assets at end of year (total assets less liabilities)2015-12-31$1,209,918
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$1,240,611
Total contributions received or receivable from employer(s)2015-12-31$21,335
2014 : THE OKLAHOMA FLOWER MARKET, INC. 401(K) PROFIT SHARING PLAN 2014 401k financial data
Total income from all sources2014-12-31$109,590
Expenses. Total of all expenses incurred2014-12-31$779
Benefits paid (including direct rollovers)2014-12-31$779
Total plan assets at end of year2014-12-31$1,240,611
Total plan assets at beginning of year2014-12-31$1,131,800
Value of fidelity bond covering the plan2014-12-31$100,000
Total contributions received or receivable from participants2014-12-31$31,638
Contributions received from other sources (not participants or employers)2014-12-31$0
Other income received2014-12-31$57,482
Net income (gross income less expenses)2014-12-31$108,811
Net plan assets at end of year (total assets less liabilities)2014-12-31$1,240,611
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$1,131,800
Total contributions received or receivable from employer(s)2014-12-31$20,470
Value of certain deemed distributions of participant loans2014-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2014-12-31$0
2013 : THE OKLAHOMA FLOWER MARKET, INC. 401(K) PROFIT SHARING PLAN 2013 401k financial data
Total income from all sources2013-12-31$262,513
Expenses. Total of all expenses incurred2013-12-31$7,285
Benefits paid (including direct rollovers)2013-12-31$7,285
Total plan assets at end of year2013-12-31$1,131,800
Total plan assets at beginning of year2013-12-31$876,572
Value of fidelity bond covering the plan2013-12-31$100,000
Total contributions received or receivable from participants2013-12-31$26,198
Other income received2013-12-31$215,178
Net income (gross income less expenses)2013-12-31$255,228
Net plan assets at end of year (total assets less liabilities)2013-12-31$1,131,800
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$876,572
Total contributions received or receivable from employer(s)2013-12-31$21,137
2012 : THE OKLAHOMA FLOWER MARKET, INC. 401(K) PROFIT SHARING PLAN 2012 401k financial data
Total income from all sources2012-12-31$137,078
Expenses. Total of all expenses incurred2012-12-31$5,461
Benefits paid (including direct rollovers)2012-12-31$5,461
Total plan assets at end of year2012-12-31$876,572
Total plan assets at beginning of year2012-12-31$744,955
Total contributions received or receivable from participants2012-12-31$23,782
Other income received2012-12-31$91,747
Net income (gross income less expenses)2012-12-31$131,617
Net plan assets at end of year (total assets less liabilities)2012-12-31$876,572
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$744,955
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022012-12-31$1,741
Total contributions received or receivable from employer(s)2012-12-31$21,549
2011 : THE OKLAHOMA FLOWER MARKET, INC. 401(K) PROFIT SHARING PLAN 2011 401k financial data
Total income from all sources2011-12-31$25,220
Total plan assets at end of year2011-12-31$744,955
Total plan assets at beginning of year2011-12-31$719,735
Value of fidelity bond covering the plan2011-12-31$100,000
Total contributions received or receivable from participants2011-12-31$29,759
Other income received2011-12-31$-25,474
Net income (gross income less expenses)2011-12-31$25,220
Net plan assets at end of year (total assets less liabilities)2011-12-31$744,955
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$719,735
Total contributions received or receivable from employer(s)2011-12-31$20,935
2010 : THE OKLAHOMA FLOWER MARKET, INC. 401(K) PROFIT SHARING PLAN 2010 401k financial data
Total income from all sources2010-12-31$95,621
Expenses. Total of all expenses incurred2010-12-31$75
Total plan assets at end of year2010-12-31$719,735
Total plan assets at beginning of year2010-12-31$624,189
Value of fidelity bond covering the plan2010-12-31$100,000
Total contributions received or receivable from participants2010-12-31$18,496
Other income received2010-12-31$77,125
Net income (gross income less expenses)2010-12-31$95,546
Net plan assets at end of year (total assets less liabilities)2010-12-31$719,735
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$624,189
Expenses. Administrative service providers (salaries,fees and commissions)2010-12-31$75

Form 5500 Responses for THE OKLAHOMA FLOWER MARKET, INC. 401(K) PROFIT SHARING PLAN

2017: THE OKLAHOMA FLOWER MARKET, INC. 401(K) PROFIT SHARING PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: THE OKLAHOMA FLOWER MARKET, INC. 401(K) PROFIT SHARING PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: THE OKLAHOMA FLOWER MARKET, INC. 401(K) PROFIT SHARING PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: THE OKLAHOMA FLOWER MARKET, INC. 401(K) PROFIT SHARING PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: THE OKLAHOMA FLOWER MARKET, INC. 401(K) PROFIT SHARING PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: THE OKLAHOMA FLOWER MARKET, INC. 401(K) PROFIT SHARING PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: THE OKLAHOMA FLOWER MARKET, INC. 401(K) PROFIT SHARING PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2010: THE OKLAHOMA FLOWER MARKET, INC. 401(K) PROFIT SHARING PLAN 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement - TrustYes
2009: THE OKLAHOMA FLOWER MARKET, INC. 401(K) PROFIT SHARING PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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