Profit Sharing · DOL Form 5500 · 2022

Verona Insurance Agency, Inc. Profit Sharing Plan

Data updated 2026-08-25

$327K
Total assets Small plan by assets
8
Participants Small participant base
14th
Percentile by assets National rank
$40,829
Avg per participant Low balance/head
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Official DOL plan name: Verona Insurance Agency, Inc. 401(k) Profit Sharing Plan · Sponsored by Verona Insurance Agency, Inc. · New Jersey · Finance & Insurance

$327K in assets, 8 participants

Verona Insurance Agency, Inc.'s Verona Insurance Agency, Inc. 401(k) Profit Sharing Plan reported $327K in total assets and 8 participants in its 2022 DOL Form 5500 filing, ranking in the 14th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #828 in Finance & Insurance (9,261 peers)

Verona Insurance Agency, Inc. multi-year trail

Verona Insurance Agency, Inc.'s plans moved +37.5% in assets from 2022 to 2024; this filing shows Verona Insurance Agency, Inc. 401(k) Profit Sharing Plan at $327K / 8 participants.

#828
in Finance & Insurance (9,261 peers)
-11.7%
assets change YoY

The plan reported a net loss of $43K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Verona Insurance Agency, Inc. 401(k) Profit Sharing Plan among the smaller filed plans by assets

Verona Insurance Agency, Inc. 401(k) Profit Sharing Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$326,631 14th percentile higher than 14% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Verona Insurance Agency, Inc. 401(k) Profit Sharing Plan among micro filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Verona Insurance Agency, Inc. 401(k) Profit Sharing Plan is a micro filing (8 participants), the leftmost band.

DOL schedule card

Filing strip 221985422 · Verona Insurance Agency, Inc. PY 2022 · Profit Sharing

Verona Insurance Agency, Inc. 401(k) Profit Sharing Plan · $327K · 8 · 14th

  • 5500 $327K
  • ASSETS 8
  • PCT 14th
  • EIN Profit Sharing
  • RANK near Rush Corporation Pension Transfer Trust Plan
  • PHOTO ind #828

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Finance & Insurance retirement plans → · Plans in New Jersey →

Verona Insurance Agency, Inc. 401(k) Profit Sharing Plan in the asset neighbourhood

Verona Insurance Agency, Inc. 401(k) Profit Sharing PlanVerona Insurance Agency, Inc…$327KRush Corporation Pension Transfer Trust PlanRush Corporation Pension Tra…$327KA Joint Effort, Inc Retirement PlanA Joint Effort, Inc Retireme…$327KVoltage Vapin' Inc Retirement PlanVoltage Vapin' Inc Retiremen…$326KThe IBM Secured Benefit ArrangementThe IBM Secured Benefit Arra…$326K
End-of-year total assets ($M) among Verona Insurance Agency, Inc. 401(k) Profit Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2022.

Verona Insurance Agency, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Verona Insurance Agency, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$449K 37.536241201845506% vs 2022
2024 filing year
$0.3M$0.35M$0.4M$0.45M$0.5M 202220232024 $0.33M $0.45M ▲ +36.4%
Year Plans Participants Total Assets
2022 1 8 $327K
2023 1 8 $424K
2024 1 10 $449K

Verona Insurance Agency, Inc. filing trail (2022)

Total Assets (Beginning of Year)$370K
Net Assets (End of Year)$327K
Net Income-$43K
Employer EIN221985422
Plan Effective Date1993-01-01
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in New Jersey

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Verona Insurance Agency, Inc. 401(k) Profit Sharing Plan vs. nearby Profit Sharing plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -0.500.511.522.5 Total assets ($B) Participants Verona Insurance Agency, Inc. 401(k) Profit Sharing Plan, Total assets ($B): 0.000326631 · Participants: 8Verona Insurance Agency, Inc. 401(k) Profit Sharing PlanErnst & Young Partnership Retirement (Hr-10) Plan, Total assets ($B): 2.170942715 · Participants: 2189Ernst & Young Partnership Retirement (Hr-10) PlanPrinceton University Retirement Plan, Total assets ($B): 1.829863121 · Participants: 8141Princeton University Retirement PlanOperating Engineers Local 825 Profit Sharing Fund, Total assets ($B): 1.328796729 · Participants: 10006Operating Engineers Local 825 Profit Sharing FundHeavy & General Laborers' Local Unions 472 & 172 of Nj Annuity Plan, Total assets ($B): 1.300397825 · Participants: 8556Heavy & General Laborers' Local Unions 472 & 172 of Nj Annuity PlanIBEW Local Union No 102 Surety Plan, Total assets ($B): 0.592706172 · Participants: 3061IBEW Local Union No 102 Surety Plan
Verona Insurance Agency, Inc. 401(k) Profit Sharing Plan vs. nearby Profit Sharing plans in New Jersey, assets vs. participants

Verona Insurance Agency, Inc. 401(k) Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount

Outside New Jersey, the nearest Profit Sharing by assets is Rush Corporation Pension Transfer Trust Plan in CO ($327K); by covered participants it is Millennium Home Health Care Inc. 401(k) Plan in MI (8 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($327K here).

Similar participant headcount

Nearest other-state filings by covered participants (8 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Verona Insurance Agency, Inc. 401(k) Profit Sharing Plan assets move in 2022?
Verona Insurance Agency, Inc. 401(k) Profit Sharing Plan pulled back noticeably - down 11.7% during 2022, from $370K to $327K. Reported net income was -$43K.
How have Verona Insurance Agency, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Verona Insurance Agency, Inc.'s sponsor-wide assets grew 37.5%, from $327K to $449K.
Where does Verona Insurance Agency, Inc. 401(k) Profit Sharing Plan rank by assets among Form 5500 filers?
Verona Insurance Agency, Inc. 401(k) Profit Sharing Plan ranks in the 14th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the smaller plans by assets on file).
Which Profit Sharing plans are similar in size to Verona Insurance Agency, Inc. 401(k) Profit Sharing Plan?
Among Profit Sharing plans in other states, the closest by assets is Rush Corporation Pension Transfer Trust Plan in CO ($327K, 10 participants).
Which Profit Sharing plans cover a similar participant headcount to Verona Insurance Agency, Inc. 401(k) Profit Sharing Plan?
Among Profit Sharing plans in other states, the closest by covered participants is Millennium Home Health Care Inc. 401(k) Plan in MI (8 participants, N/A in assets).