Tom Romano Insurance Agency, Inc. Profit Sharing Plan — Form 5500 plan (Tom Romano Insurance Agency, Inc.)
Plain-English plan 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, Tom Romano Insurance Agency, Inc. Profit Sharing Plan is a benefit plan reported by Tom Romano Insurance Agency, Inc. under EIN 95-3439607 and plan number 003. The latest loaded filing year is 2023. The filing reports 9 participants and $3,645,466 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Tom Romano Insurance Agency, Inc.
- EIN
- 95-3439607
- Plan number
- 003
- Plan type
- 2
- Location
- Alhambra, CA
- Latest filing year
- 2023
- Participants
- 9
- End-of-year plan assets
- $3,645,466
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 9 | I | 20240930174833NAL0009971760001 |
Reported financial statement (2023 · Schedule I)
Net assets
- Total assets (EOY)
- $3,645,466
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $3,645,466
- Net assets (BOY)
- $3,277,738
Income & contributions
- Employer contributions
- $50,000
- Total income / additions
- $460,264
Expenses & distributions
- Benefits paid
- $88,000
- Total expenses
- $92,536
- Net increase / (decrease)
- $367,728
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.