Profit Sharing · DOL Form 5500 · 2023

Verona Insurance Agency, Inc. Profit Sharing Plan

Data updated 2026-08-25

$424K
Total assets Small plan by assets
8
Participants Small participant base
17th
Percentile by assets National rank
$53,016
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

$424K in assets, 8 participants

Verona Insurance Agency, Inc.'s Verona Insurance Agency, Inc. 401(k) Profit Sharing Plan reported $424K in total assets and 8 participants in its 2023 DOL Form 5500 filing, ranking in the 17th 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.

  • #879 in Finance & Insurance (8,869 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 $424K / 8 participants.

#879
in Finance & Insurance (8,869 peers)
+29.8%
assets growth YoY

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 2023 · DOL Form 5500

$424,126 17th percentile higher than 17% of 127,068 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 2023

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

Plan-year 2023 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.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Verona Insurance Agency, Inc. 401(k) Profit Sharing Plan reported net income rose from -$43K in the plan year 2022 filing to $97K in the plan year 2023 filing.
  • Verona Insurance Agency, Inc. 401(k) Profit Sharing Plan end-of-year assets rose from $327K in the plan year 2022 filing to $424K in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 221985422 · Verona Insurance Agency, Inc. PY 2023 · Profit Sharing

Verona Insurance Agency, Inc. 401(k) Profit Sharing Plan · $424K · 8 · 17th

  • EOY $424K
  • EOY 8
  • EOY 17th
  • EOY Profit Sharing
  • EOY near Shine Ventures, Inc. Retirement Plan
  • EOY ind #879

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…$424KShine Ventures, Inc. Retirement PlanShine Ventures, Inc. Retirem…$424KLivmax, Inc. Retirement Plan$424KPools' Gurus, Inc. Retirement PlanPools' Gurus, Inc. Retiremen…$424KBuscher Bros. Corporation Profit Sharing PlanBuscher Bros. Corporation Pr…$425K
End-of-year total assets ($M) among Verona Insurance Agency, Inc. 401(k) Profit Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

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 (2023)

Total Assets (Beginning of Year)$327K
Net Assets (End of Year)$424K
Net Income$97K
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 -10123 Total assets ($B) Participants Verona Insurance Agency, Inc. 401(k) Profit Sharing Plan, Total assets ($B): 0.000424126 · Participants: 8Verona Insurance Agency, Inc. 401(k) Profit Sharing PlanErnst & Young Partnership Retirement (Hr-10) Plan, Total assets ($B): 2.4875433 · Participants: 1843Ernst & Young Partnership Retirement (Hr-10) PlanOperating Engineers Local 825 Profit Sharing Fund, Total assets ($B): 1.438796802 · Participants: 10336Operating Engineers Local 825 Profit Sharing FundHeavy & General Laborers' Local Unions 472 & 172 of Nj Annuity Plan, Total assets ($B): 1.401252704 · Participants: 8602Heavy & General Laborers' Local Unions 472 & 172 of Nj Annuity PlanIBEW Local Union No 102 Surety Plan, Total assets ($B): 0.637415895 · Participants: 2283IBEW Local Union No 102 Surety PlanKpmg Partner Retirement Savings Plan, Total assets ($B): 0.529416194 · Participants: 1895Kpmg Partner Retirement Savings Plan
Verona Insurance Agency, Inc. 401(k) Profit Sharing Plan vs. nearby Profit Sharing plans in New Jersey, assets vs. participants
Compare Verona Insurance Agency, Inc. 401(k) Profit Sharing Plan side-by-side with 3 peers →

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 Shine Ventures, Inc. Retirement Plan in CO ($424K); by covered participants it is Integrated Home Interiors, Inc. Retirement Plan in FL (8 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($424K here).

Similar participant headcount

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

DOL Form 5500 plan year 2023. 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 2023? ▼
Verona Insurance Agency, Inc. 401(k) Profit Sharing Plan grew sharply - up 29.8% during 2023, from $327K to $424K. Reported net income was $97K.
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 17th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (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 Shine Ventures, Inc. Retirement Plan in CO ($424K, 2 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 Integrated Home Interiors, Inc. Retirement Plan in FL (8 participants, $328K in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 221985422.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.