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JOSEPH S. DONOHO INSURANCE, INC. DEFINED BENEFIT PLAN 401k Plan overview

Plan NameJOSEPH S. DONOHO INSURANCE, INC. DEFINED BENEFIT PLAN
Plan identification number 002

JOSEPH S. DONOHO INSURANCE, INC. DEFINED BENEFIT PLAN Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily pay related
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

JOSEPH S. DONOHO INSURANCE, INC. has sponsored the creation of one or more 401k plans.

Company Name:JOSEPH S. DONOHO INSURANCE, INC.
Employer identification number (EIN):593646520
NAIC Classification:524210
NAIC Description:Insurance Agencies and Brokerages

Additional information about JOSEPH S. DONOHO INSURANCE, INC.

Jurisdiction of Incorporation: Florida Department of State Division of Corporations
Incorporation Date: 2000-05-04
Company Identification Number: P00000045699
Legal Registered Office Address: 159 LOOKOUT PLACE, SUITE 101

MAITLAND

32751

More information about JOSEPH S. DONOHO INSURANCE, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan JOSEPH S. DONOHO INSURANCE, INC. DEFINED BENEFIT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022022-01-01KATHRYN HUTTON2023-10-09 KATHRYN HUTTON2023-10-09
0022021-01-01KATHRYN HUTTON2022-09-27 KATHRYN HUTTON2022-09-27
0022020-01-01JOSEPH DONOHO2021-09-11 JOSEPH DONOHO2021-09-11
0022019-01-01JOSEPH DONOHO2020-10-07 JOSEPH DONOHO2020-10-07
0022018-01-01JOSEPH DONOHO2019-09-25 JOSEPH DONOHO2019-09-25
0022017-01-01JOSEPH DONOHO2018-09-18 JOSEPH DONOHO2018-09-18
0022016-01-01JOSEPH DONOHO2017-07-24 JOSEPH DONOHO2017-07-24

Plan Statistics for JOSEPH S. DONOHO INSURANCE, INC. DEFINED BENEFIT PLAN

401k plan membership statisitcs for JOSEPH S. DONOHO INSURANCE, INC. DEFINED BENEFIT PLAN

Measure Date Value
2022: JOSEPH S. DONOHO INSURANCE, INC. DEFINED BENEFIT PLAN 2022 401k membership
Market value of plan assets2022-12-312,580,437
Acturial value of plan assets2022-12-312,580,437
Funding target for retired participants and beneficiaries receiving payment2022-12-310
Number of terminated vested participants2022-12-3123
Fundng target for terminated vested participants2022-12-31118,212
Active participant vested funding target2022-12-311,772,324
Number of active participants2022-12-3116
Total funding liabilities for active participants2022-12-311,786,997
Total participant count2022-12-3139
Total funding target for all participants2022-12-311,905,209
Balance at beginning of prior year after applicable adjustments2022-12-310
Prefunding balance at beginning of prior year after applicable adjustments2022-12-310
Carryover balanced portion elected for use to offset prior years funding requirement2022-12-310
Prefunding balanced used to offset prior years funding requirement2022-12-310
Amount remaining of carryover balance2022-12-310
Amount remaining of prefunding balance2022-12-310
Present value of excess contributions2022-12-31278,780
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2022-12-31294,308
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2022-12-310
Reductions in caryover balances due to elections or deemed elections2022-12-310
Reductions in prefunding balances due to elections or deemed elections2022-12-310
Balance of carryovers at beginning of current year2022-12-310
Balance of prefunding at beginning of current year2022-12-310
Total employer contributions2022-12-31250,000
Total employee contributions2022-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2022-12-310
Contributions made to avoid restrictions adjusted to valuation date2022-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2022-12-31237,621
Unpaid minimum required contributions for all prior years2022-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2022-12-310
Remaining amount of unpaid minimum required contributions2022-12-310
Minimum required contributions for current year target normal cost2022-12-31308,263
Net shortfall amortization installment of oustanding balance2022-12-310
Waiver amortization installment2022-12-310
Total funding amount beforereflecting carryover/prefunding balances2022-12-310
Carryover balance elected to use to offset funding requirement2022-12-310
Prefunding balance elected to use to offset funding requirement2022-12-310
Additional cash requirement2022-12-310
Contributions allocatedtoward minimum required contributions for current year2022-12-31237,621
Unpaid minimum required contributions for current year2022-12-310
Unpaid minimum required contributions for all years2022-12-310
2021: JOSEPH S. DONOHO INSURANCE, INC. DEFINED BENEFIT PLAN 2021 401k membership
Market value of plan assets2021-12-312,055,119
Acturial value of plan assets2021-12-312,055,119
Funding target for retired participants and beneficiaries receiving payment2021-12-310
Number of terminated vested participants2021-12-3114
Fundng target for terminated vested participants2021-12-3110,060
Active participant vested funding target2021-12-311,451,159
Number of active participants2021-12-3125
Total funding liabilities for active participants2021-12-311,489,917
Total participant count2021-12-3139
Total funding target for all participants2021-12-311,499,977
Balance at beginning of prior year after applicable adjustments2021-12-310
Prefunding balance at beginning of prior year after applicable adjustments2021-12-310
Carryover balanced portion elected for use to offset prior years funding requirement2021-12-310
Prefunding balanced used to offset prior years funding requirement2021-12-310
Amount remaining of carryover balance2021-12-310
Amount remaining of prefunding balance2021-12-310
Present value of excess contributions2021-12-31317,406
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2021-12-31335,530
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2021-12-310
Reductions in caryover balances due to elections or deemed elections2021-12-310
Reductions in prefunding balances due to elections or deemed elections2021-12-310
Balance of carryovers at beginning of current year2021-12-310
Balance of prefunding at beginning of current year2021-12-310
Total employer contributions2021-12-31300,000
Total employee contributions2021-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2021-12-310
Contributions made to avoid restrictions adjusted to valuation date2021-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2021-12-31278,780
Unpaid minimum required contributions for all prior years2021-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2021-12-310
Remaining amount of unpaid minimum required contributions2021-12-310
Minimum required contributions for current year target normal cost2021-12-31315,186
Net shortfall amortization installment of oustanding balance2021-12-310
Waiver amortization installment2021-12-310
Total funding amount beforereflecting carryover/prefunding balances2021-12-310
Carryover balance elected to use to offset funding requirement2021-12-310
Prefunding balance elected to use to offset funding requirement2021-12-310
Additional cash requirement2021-12-310
Contributions allocatedtoward minimum required contributions for current year2021-12-31278,780
Unpaid minimum required contributions for current year2021-12-310
Unpaid minimum required contributions for all years2021-12-310
2020: JOSEPH S. DONOHO INSURANCE, INC. DEFINED BENEFIT PLAN 2020 401k membership
Market value of plan assets2020-12-311,555,747
Acturial value of plan assets2020-12-311,555,747
Funding target for retired participants and beneficiaries receiving payment2020-12-310
Number of terminated vested participants2020-12-319
Fundng target for terminated vested participants2020-12-316,966
Active participant vested funding target2020-12-31705,048
Number of active participants2020-12-3121
Total funding liabilities for active participants2020-12-311,181,944
Total participant count2020-12-3130
Total funding target for all participants2020-12-311,188,910
Balance at beginning of prior year after applicable adjustments2020-12-310
Prefunding balance at beginning of prior year after applicable adjustments2020-12-310
Carryover balanced portion elected for use to offset prior years funding requirement2020-12-310
Prefunding balanced used to offset prior years funding requirement2020-12-310
Amount remaining of carryover balance2020-12-310
Amount remaining of prefunding balance2020-12-310
Present value of excess contributions2020-12-31222,601
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2020-12-31234,911
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2020-12-310
Reductions in caryover balances due to elections or deemed elections2020-12-310
Reductions in prefunding balances due to elections or deemed elections2020-12-310
Balance of carryovers at beginning of current year2020-12-310
Balance of prefunding at beginning of current year2020-12-310
Total employer contributions2020-12-31340,000
Total employee contributions2020-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2020-12-310
Contributions made to avoid restrictions adjusted to valuation date2020-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2020-12-31317,406
Unpaid minimum required contributions for all prior years2020-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2020-12-310
Remaining amount of unpaid minimum required contributions2020-12-310
Minimum required contributions for current year target normal cost2020-12-31308,171
Net shortfall amortization installment of oustanding balance2020-12-310
Waiver amortization installment2020-12-310
Total funding amount beforereflecting carryover/prefunding balances2020-12-310
Carryover balance elected to use to offset funding requirement2020-12-310
Prefunding balance elected to use to offset funding requirement2020-12-310
Additional cash requirement2020-12-310
Contributions allocatedtoward minimum required contributions for current year2020-12-31317,406
Unpaid minimum required contributions for current year2020-12-310
Unpaid minimum required contributions for all years2020-12-310
2019: JOSEPH S. DONOHO INSURANCE, INC. DEFINED BENEFIT PLAN 2019 401k membership
Market value of plan assets2019-12-31967,173
Acturial value of plan assets2019-12-31967,173
Funding target for retired participants and beneficiaries receiving payment2019-12-310
Number of terminated vested participants2019-12-317
Fundng target for terminated vested participants2019-12-314,474
Active participant vested funding target2019-12-31333,943
Number of active participants2019-12-3120
Total funding liabilities for active participants2019-12-31835,041
Total participant count2019-12-3127
Total funding target for all participants2019-12-31839,515
Balance at beginning of prior year after applicable adjustments2019-12-310
Prefunding balance at beginning of prior year after applicable adjustments2019-12-310
Carryover balanced portion elected for use to offset prior years funding requirement2019-12-310
Prefunding balanced used to offset prior years funding requirement2019-12-310
Amount remaining of carryover balance2019-12-310
Amount remaining of prefunding balance2019-12-310
Present value of excess contributions2019-12-31260,129
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2019-12-31275,060
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2019-12-310
Reductions in caryover balances due to elections or deemed elections2019-12-310
Reductions in prefunding balances due to elections or deemed elections2019-12-310
Balance of carryovers at beginning of current year2019-12-310
Balance of prefunding at beginning of current year2019-12-310
Total employer contributions2019-12-31400,000
Total employee contributions2019-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2019-12-310
Contributions made to avoid restrictions adjusted to valuation date2019-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2019-12-31381,113
Unpaid minimum required contributions for all prior years2019-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2019-12-310
Remaining amount of unpaid minimum required contributions2019-12-310
Minimum required contributions for current year target normal cost2019-12-31286,170
Net shortfall amortization installment of oustanding balance2019-12-310
Waiver amortization installment2019-12-310
Total funding amount beforereflecting carryover/prefunding balances2019-12-31158,512
Carryover balance elected to use to offset funding requirement2019-12-310
Prefunding balance elected to use to offset funding requirement2019-12-310
Additional cash requirement2019-12-31158,512
Contributions allocatedtoward minimum required contributions for current year2019-12-31381,113
Unpaid minimum required contributions for current year2019-12-310
Unpaid minimum required contributions for all years2019-12-310
2018: JOSEPH S. DONOHO INSURANCE, INC. DEFINED BENEFIT PLAN 2018 401k membership
Market value of plan assets2018-12-31736,828
Acturial value of plan assets2018-12-31736,828
Funding target for retired participants and beneficiaries receiving payment2018-12-310
Number of terminated vested participants2018-12-313
Fundng target for terminated vested participants2018-12-31547
Active participant vested funding target2018-12-31101,395
Number of active participants2018-12-3115
Total funding liabilities for active participants2018-12-31506,963
Total participant count2018-12-3118
Total funding target for all participants2018-12-31507,510
Balance at beginning of prior year after applicable adjustments2018-12-310
Prefunding balance at beginning of prior year after applicable adjustments2018-12-310
Carryover balanced portion elected for use to offset prior years funding requirement2018-12-310
Prefunding balanced used to offset prior years funding requirement2018-12-310
Amount remaining of carryover balance2018-12-310
Amount remaining of prefunding balance2018-12-310
Present value of excess contributions2018-12-31226,866
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2018-12-31240,410
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2018-12-310
Reductions in caryover balances due to elections or deemed elections2018-12-310
Reductions in prefunding balances due to elections or deemed elections2018-12-310
Balance of carryovers at beginning of current year2018-12-310
Balance of prefunding at beginning of current year2018-12-310
Total employer contributions2018-12-31300,000
Total employee contributions2018-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2018-12-310
Contributions made to avoid restrictions adjusted to valuation date2018-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2018-12-31286,768
Unpaid minimum required contributions for all prior years2018-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2018-12-310
Remaining amount of unpaid minimum required contributions2018-12-310
Minimum required contributions for current year target normal cost2018-12-31255,957
Net shortfall amortization installment of oustanding balance2018-12-310
Waiver amortization installment2018-12-310
Total funding amount beforereflecting carryover/prefunding balances2018-12-3126,639
Carryover balance elected to use to offset funding requirement2018-12-310
Prefunding balance elected to use to offset funding requirement2018-12-310
Additional cash requirement2018-12-3126,639
Contributions allocatedtoward minimum required contributions for current year2018-12-31286,768
Unpaid minimum required contributions for current year2018-12-310
Unpaid minimum required contributions for all years2018-12-310
2017: JOSEPH S. DONOHO INSURANCE, INC. DEFINED BENEFIT PLAN 2017 401k membership
Market value of plan assets2017-12-31235,037
Acturial value of plan assets2017-12-31235,037
Funding target for retired participants and beneficiaries receiving payment2017-12-310
Number of terminated vested participants2017-12-310
Fundng target for terminated vested participants2017-12-310
Active participant vested funding target2017-12-310
Number of active participants2017-12-3115
Total funding liabilities for active participants2017-12-31216,047
Total participant count2017-12-3115
Total funding target for all participants2017-12-31216,047
Balance at beginning of prior year after applicable adjustments2017-12-310
Prefunding balance at beginning of prior year after applicable adjustments2017-12-310
Carryover balanced portion elected for use to offset prior years funding requirement2017-12-310
Prefunding balanced used to offset prior years funding requirement2017-12-310
Amount remaining of carryover balance2017-12-310
Amount remaining of prefunding balance2017-12-310
Present value of excess contributions2017-12-3128,884
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2017-12-3130,672
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2017-12-310
Reductions in caryover balances due to elections or deemed elections2017-12-310
Reductions in prefunding balances due to elections or deemed elections2017-12-310
Balance of carryovers at beginning of current year2017-12-310
Balance of prefunding at beginning of current year2017-12-310
Total employer contributions2017-12-31450,000
Total employee contributions2017-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2017-12-310
Contributions made to avoid restrictions adjusted to valuation date2017-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2017-12-31433,334
Unpaid minimum required contributions for all prior years2017-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2017-12-310
Remaining amount of unpaid minimum required contributions2017-12-310
Minimum required contributions for current year target normal cost2017-12-31225,458
Net shortfall amortization installment of oustanding balance2017-12-310
Waiver amortization installment2017-12-310
Total funding amount beforereflecting carryover/prefunding balances2017-12-31206,468
Additional cash requirement2017-12-31206,468
Contributions allocatedtoward minimum required contributions for current year2017-12-31433,334
Unpaid minimum required contributions for current year2017-12-310
Unpaid minimum required contributions for all years2017-12-310
2016: JOSEPH S. DONOHO INSURANCE, INC. DEFINED BENEFIT PLAN 2016 401k membership
Market value of plan assets2016-12-310
Acturial value of plan assets2016-12-310
Funding target for retired participants and beneficiaries receiving payment2016-12-310
Number of terminated vested participants2016-12-310
Fundng target for terminated vested participants2016-12-310
Active participant vested funding target2016-12-310
Number of active participants2016-12-3110
Total funding liabilities for active participants2016-12-310
Total participant count2016-12-3110
Total funding target for all participants2016-12-310
Balance at beginning of prior year after applicable adjustments2016-12-310
Prefunding balance at beginning of prior year after applicable adjustments2016-12-310
Carryover balanced portion elected for use to offset prior years funding requirement2016-12-310
Prefunding balanced used to offset prior years funding requirement2016-12-310
Amount remaining of carryover balance2016-12-310
Amount remaining of prefunding balance2016-12-310
Present value of excess contributions2016-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2016-12-310
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2016-12-310
Reductions in caryover balances due to elections or deemed elections2016-12-310
Reductions in prefunding balances due to elections or deemed elections2016-12-310
Balance of carryovers at beginning of current year2016-12-310
Balance of prefunding at beginning of current year2016-12-310
Total employer contributions2016-12-31234,274
Total employee contributions2016-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2016-12-310
Contributions made to avoid restrictions adjusted to valuation date2016-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2016-12-31224,084
Unpaid minimum required contributions for all prior years2016-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2016-12-310
Remaining amount of unpaid minimum required contributions2016-12-310
Minimum required contributions for current year target normal cost2016-12-31195,200
Net shortfall amortization installment of oustanding balance2016-12-310
Waiver amortization installment2016-12-310
Waived amount of outstanding balance2016-12-310
Total funding amount beforereflecting carryover/prefunding balances2016-12-31195,200
Additional cash requirement2016-12-31195,200
Contributions allocatedtoward minimum required contributions for current year2016-12-31224,084
Unpaid minimum required contributions for current year2016-12-310
Unpaid minimum required contributions for all years2016-12-310

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