Plan5500

Key West, FL Form 5500 retirement and benefit plan filings

City Form 5500 summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Key West, FL has 13 loaded benefit plan(s) reported by 11 plan sponsor(s), with $36,756,326 in total reported end-of-year plan assets across loaded filings. The latest loaded Form 5500 filing year is 2023.

Loaded plans
13
Plan sponsors
11
Latest filing year
2023

What stands out in Key West

  • 13 loaded plans hold $36.8M in reported assets across 11 sponsors.
  • The largest, First State Bank Of The Florida Keys Profit Sharing Retirement Plan, holds 55% of reported Key West plan assets.
  • Plans cover 1,262 participants — about 97 per plan.
  • 77% of loaded plans report full Schedule H/I financial statements.
  • 15% report Schedule C provider compensation.
Aggregate financials · 2023

Reported financial aggregate

Total reported net assets$36.8MSummed across loaded plans$36,756,326
Total reported assets$36.8M$36,756,326
Total reported participants1.3K1,262
Total reported liabilities$0

Reported net position

Reported assets = net assets + liabilities (summed)$36.8M total assets
Net assets$36.8MLiabilities$0
Contributions & income
Employer contributions$1.5M
Participant contributions$1.4M
Total income / additions$6.1M
Expenses & distributions
Benefits paid / distributions$3.6M
Total expenses$3.8M
Net increase / (decrease)$2.4M

Data coverage

Plans with financial statements10 / 13 (77%)
Plans with provider compensation2 / 13 (15%)

Totals sum the latest loaded 2023 public Form 5500 filing per plan for Key West, FL plans — one filing per plan, so multiple years are never double-counted. Figures are reported values from loaded Schedule H / I (and Schedule C for provider compensation); fields a plan did not report are treated as missing, not zero. These are not audited or official totals.

Computed from loaded plans

Key West market comparison

Largest plan share of assets55%First State Bank Of The Florida Keys Profit Sharing Retirement Plan
Participants per plan97Average across loaded plans
Plan sponsors11
Ranked by reported assets

Largest loaded plans in Key West

Bars show each plan's reported end-of-year assets relative to the largest.

  1. 1
    First State Bank Of The Florida Keys Profit Sharing Retirement Plan$20.4M
    First State Bank Of The Florida Keys · 2023
  2. 2
    Spottswood Companies, Inc. 401(K) Plan$7.2M
    Spottswood Companies, Inc. · 2023
  3. 3
    Charley Toppino & Sons Of Key West LLC Profit Sharing Plan$5.8M
    Charley Toppino & Sons, Inc. · 2023
  4. 4
    Key West Surgical Group, Inc. Profit-Sharing Plan$1.3M
    Key West Surgical Group, Inc. · 2023
  5. 5
    Fledis 401k$1.1M
    Fledis, Inc. · 2023
  6. 6
    The Smith Law Firm 401(K) Profit Sharing Plan$504.3K
    The Smith Law Firm · 2023
  7. 7
    Taylormade Cones Inc. Retirement Plan$288.9K
    Taylormade Cones Inc. · 2023
  8. 8
    Big Erm'S Sportfishing Retirement Plan$195K
    Big Erm'S Sportfishing, Inc. · 2023
  9. 9
    Cuban Coffee Queen LLC 401(K) Profit Sharing Plan & Trust$10.3K
    Cuban Coffee Queen LLC · 2023
  10. 10
    C & S Adventures, Inc. 401(K) Plan$0
    C & S Adventures, Inc. · 2023
  11. 11
    Spottswood Companies, Inc. Group Health Plannot reported in the loaded dataset
    Spottswood Companies, Inc. · 2023
  12. 12
    Spottswood Companies, Inc. Group Ancillary Benefits Plannot reported in the loaded dataset
    Spottswood Companies, Inc. · 2023
  13. 13
    First State Bank Employee Benefits Plannot reported in the loaded dataset
    First State Bank Of The Florida Keys · 2023

Largest plans in Key West → · Key West plans by participants → · Key West plans with financial data → · Key West plans with provider compensation → · $1B+ plans in Key West →

What to inspect next

Frequently asked questions

How many Form 5500 benefit plans are loaded for Key West, FL?
13 plan(s) reported by 11 sponsor(s) are loaded for Key West, FL.

Related Form 5500 pages