Profit Sharing · DOL Form 5500 · 2023

Better Flood Insurance, Inc. Profit Sharing Plan

Data updated 2026-08-25

$2M
Total assets Small plan by assets
3
Participants Small participant base
29th
Percentile by assets National rank
$567,330
Avg per participant High balance/head
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Official DOL plan name: Better Flood Insurance, Inc. Retirement Plan · Sponsored by Better Flood Insurance, Inc. · Colorado · Finance & Insurance

$2M in assets, 3 participants

Better Flood Insurance, Inc.'s Better Flood Insurance, Inc. Retirement Plan reported $2M in total assets and 3 participants in its 2023 DOL Form 5500 filing, ranking in the 29th 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.

  • #1,715 in Finance & Insurance (8,869 peers)

Better Flood Insurance, Inc. multi-year trail

Better Flood Insurance, Inc.'s plans moved +28.0% in assets from 2022 to 2024; this filing shows Better Flood Insurance, Inc. Retirement Plan at $2M / 3 participants.

#1,715
in Finance & Insurance (8,869 peers)
+27.5%
assets growth YoY

Better Flood Insurance, Inc. Retirement Plan among the smaller filed plans by assets

Better Flood Insurance, Inc. Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$1,701,990 29th percentile higher than 29% 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

Better Flood Insurance, Inc. Retirement 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. Better Flood Insurance, Inc. Retirement Plan is a micro filing (3 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Better Flood Insurance, Inc. Retirement Plan reported net income rose from $76K in the plan year 2022 filing to $367K in the plan year 2023 filing.
  • Better Flood Insurance, Inc. Retirement Plan end-of-year assets rose from $1M in the plan year 2022 filing to $2M in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 811156505 · Better Flood Insurance, Inc. PY 2023 · Profit Sharing

Better Flood Insurance, Inc. Retirement Plan · $2M · 3 · 29th

  • EIN $2M
  • RANK 3
  • PHOTO 29th
  • IND Profit Sharing
  • EOY near Vergith Contracting Co Profit Sharing Plan Qrp
  • 5500 ind #1715

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 Colorado →

Better Flood Insurance, Inc. Retirement Plan in the asset neighbourhood

Better Flood Insurance, Inc. Retirement PlanBetter Flood Insurance, Inc.…$2MVergith Contracting Co Profit Sharing Plan QrpVergith Contracting Co Profi…$2MProfessional Engineering Resources Profit Sharing Plan & TrustProfessional Engineering Res…$2MPet Garden, Inc. Profit Sharing PlanPet Garden, Inc. Profit Shar…$2MRaymond Matta Pension Plan$2M
End-of-year total assets ($M) among Better Flood Insurance, Inc. Retirement Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

Better Flood Insurance, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Better Flood Insurance, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$2M 27.98053181777674% vs 2022
2024 filing year
$1.2M$1.4M$1.6M$1.8M 202220232024 $1.34M $1.71M ▲ +27.6%
Year Plans Participants Total Assets
2022 1 3 $1M
2023 1 3 $2M
2024 1 5 $2M

Better Flood Insurance, Inc. filing trail (2023)

Total Assets (Beginning of Year)$1M
Net Assets (End of Year)$2M
Net Income$367K
Employer EIN811156505
Plan Effective Date2016-01-20
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Colorado

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

Better Flood Insurance, Inc. Retirement Plan vs. nearby Profit Sharing plans in Colorado, assets vs. participants Scatter plot of 6 data points. -500050010001500 -20020406080 Total assets ($M) Participants Better Flood Insurance, Inc. Retirement Plan, Total assets ($M): 1.70199 · Participants: 3Better Flood Insurance, Inc. Retirement PlanHensel Phelps Hourly Retirement Plan, Total assets ($M): 58.660079 · Participants: 695Hensel Phelps Hourly Retirement PlanLiberty Pr Mobility 401(k) Savings Plans, Total assets ($M): 43.07945 · Participants: 1212Liberty Pr Mobility 401(k) Savings PlansAmended & Restated Profit Sharing Plan of Midwest Pms, Total assets ($M): 38.087891 · Participants: 133Amended & Restated Profit Sharing Plan of Midwest PmsPeterson Company Profit-Sharing Plan, Total assets ($M): 18.249977 · Participants: 26Peterson Company Profit-Sharing PlanRetirement Plan of Public Broadcasting of Colorado, Inc., Total assets ($M): 16.472083 · Participants: 182Retirement Plan of Public Broadcasting of Colorado, Inc.
Better Flood Insurance, Inc. Retirement Plan vs. nearby Profit Sharing plans in Colorado, assets vs. participants
Compare Better Flood Insurance, Inc. Retirement Plan side-by-side with 3 peers →

Better Flood Insurance, Inc. Retirement Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Colorado, the nearest Profit Sharing by assets is Vergith Contracting Co Profit Sharing Plan Qrp in NV ($2M); by covered participants it is Prairiestar Enterprises, Inc. Profit Sharing Plan in KS (3 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (3 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 Better Flood Insurance, Inc. Retirement Plan assets move in 2023? ▼
Better Flood Insurance, Inc. Retirement Plan grew sharply - up 27.5% during 2023, from $1M to $2M. Reported net income was $367K.
How have Better Flood Insurance, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Better Flood Insurance, Inc.'s sponsor-wide assets grew 28.0%, from $1M to $2M.
Which Profit Sharing plans are similar in size to Better Flood Insurance, Inc. Retirement Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Vergith Contracting Co Profit Sharing Plan Qrp in NV ($2M, 34 participants).
Which Profit Sharing plans cover a similar participant headcount to Better Flood Insurance, Inc. Retirement Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Prairiestar Enterprises, Inc. Profit Sharing Plan in KS (3 participants, N/A 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 811156505.

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.