Profit Sharing · DOL Form 5500 · 2024

Verona Insurance Agency Inc Profit Sharing Plan

Data updated 2026-08-25

$449K
Total assets Small plan by assets
10
Participants Small participant base
17th
Percentile by assets National rank
$44,924
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Verona Insurance Agency, Inc. 401(k) Profit Sharing Plan · Sponsored by Verona Insurance Agency Inc · New Jersey · Finance & Insurance

$449K in assets, 10 participants

Verona Insurance Agency Inc's Verona Insurance Agency, Inc. 401(k) Profit Sharing Plan reported $449K in total assets and 10 participants in its 2024 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.

  • #750 in Finance & Insurance (8,549 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 $449K / 10 participants.

#750
in Finance & Insurance (8,549 peers)
+5.9%
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 2024 · DOL Form 5500

$449,236 17th percentile higher than 17% of 123,620 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 2024

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

Plan-year 2024 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 (10 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Verona Insurance Agency, Inc. 401(k) Profit Sharing Plan reported net income fell from $97K in the plan year 2023 filing to $25K in the plan year 2024 filing.
  • Verona Insurance Agency, Inc. 401(k) Profit Sharing Plan reported participants rose from 8 in the plan year 2023 filing to 10 in the plan year 2024 filing.
  • Verona Insurance Agency, Inc. 401(k) Profit Sharing Plan end-of-year assets rose from $424K in the plan year 2023 filing to $449K in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 221985422 · Verona Insurance Agency Inc PY 2024 · Profit Sharing

Verona Insurance Agency, Inc. 401(k) Profit Sharing Plan · $449K · 10 · 17th

  • BOY $449K
  • BOY 10
  • BOY 17th
  • BOY Profit Sharing
  • BOY near Hafa Adai Ventures Inc. Retirement Plan
  • BOY ind #750

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…$449KHafa Adai Ventures Inc. Retirement PlanHafa Adai Ventures Inc. Reti…$449KDra. Hilda M. Bithorn Morillo Retiremnt PlanDra. Hilda M. Bithorn Morill…$449KCherich Enterprises Retirement PlanCherich Enterprises Retireme…$449KMichigan Association of Timbermen Self-Insurers' Fund Pension PlanMichigan Association of Timb…$449K
End-of-year total assets ($M) among Verona Insurance Agency, Inc. 401(k) Profit Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

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 (2024)

Total Assets (Beginning of Year)$424K
Net Assets (End of Year)$449K
Net Income$25K
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): 0.000449236 · Participants: 10Verona Insurance Agency, Inc. 401(k) Profit Sharing PlanErnst & Young Partnership Retirement (Hr-10) Plan, Total assets ($B): 2.537544692 · Participants: 1666Ernst & Young Partnership Retirement (Hr-10) PlanHeavy & General Laborers' Local Unions 472 & 172 of Nj Annuity Plan, Total assets ($B): 1.550996804 · Participants: 8865Heavy & General Laborers' Local Unions 472 & 172 of Nj Annuity PlanOperating Engineers Local 825 Profit Sharing Fund, Total assets ($B): 1.508059789 · Participants: 10365Operating Engineers Local 825 Profit Sharing FundIBEW Local Union No 102 Surety Plan, Total assets ($B): 0.684866455 · Participants: 2382IBEW Local Union No 102 Surety PlanKpmg Partner Retirement Savings Plan, Total assets ($B): 0.52416742 · Participants: 1704Kpmg 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 Hafa Adai Ventures Inc. Retirement Plan in AL ($449K); by covered participants it is Ts Cafe Incorporated Retirement Plan in PA (10 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (10 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. 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 2024? ▼
Verona Insurance Agency, Inc. 401(k) Profit Sharing Plan grew at a solid clip - up 5.9% during 2024, from $424K to $449K. Reported net income was $25K.
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 123,622 plans that reported assets for plan year 2024 (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 Hafa Adai Ventures Inc. Retirement Plan in AL ($449K, 1 participant).
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 Ts Cafe Incorporated Retirement Plan in PA (10 participants, $2M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

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.