401k Plan data: BLOOM ADVISORS EMPLOYEE 401(K) PLAN plan

BLOOM ADVISORS EMPLOYEE 401(K) PLAN 401k Plan overview

Plan Name	BLOOM ADVISORS EMPLOYEE 401(K) PLAN
Plan identification number	001

BLOOM ADVISORS EMPLOYEE 401(K) PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Profit-sharing
ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
Participant-directed brokerage accounts provided as an investment option under the plan.
Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
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.
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

BLOOM ADVISORS has sponsored the creation of one or more 401k plans.

Company Name: BLOOM ADVISORS

Employer identification number (EIN): 200566114

NAIC Classification: 551112
NAIC Description: Offices of Other Holding Companies

Form 5500 Filing Information

Submission information for form 5500 for 401k plan BLOOM ADVISORS EMPLOYEE 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2023-01-01
001 2022-01-01
001 2021-01-01 KENNETH J BLOOM 2022-07-12
001 2020-01-01 KENNETH J BLOOM 2021-06-29
001 2019-01-01 KENNETH J BLOOM 2020-07-07
001 2018-01-01 KENNETH J BLOOM 2019-07-01
001 2017-01-01 KENNETH J BLOOM 2018-07-11
001 2016-01-01 KENNETH J BLOOM 2017-07-06
001 2015-01-01 KENNETH J BLOOM 2016-07-05
001 2014-01-01 KENNETH J BLOOM 2015-07-09
001 2013-01-01 KENNETH J BLOOM 2014-07-10
001 2012-01-01 KENNETH J BLOOM 2013-07-12
001 2011-01-01 KENNETH J BLOOM 2012-07-13
001 2010-01-01 KENNETH J BLOOM 2011-07-15 KENNETH J BLOOM 2011-07-15

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2023-01-01
001	2022-01-01
001	2021-01-01	KENNETH J BLOOM	2022-07-12
001	2020-01-01	KENNETH J BLOOM	2021-06-29
001	2019-01-01	KENNETH J BLOOM	2020-07-07
001	2018-01-01	KENNETH J BLOOM	2019-07-01
001	2017-01-01	KENNETH J BLOOM	2018-07-11
001	2016-01-01	KENNETH J BLOOM	2017-07-06
001	2015-01-01	KENNETH J BLOOM	2016-07-05
001	2014-01-01	KENNETH J BLOOM	2015-07-09
001	2013-01-01	KENNETH J BLOOM	2014-07-10
001	2012-01-01	KENNETH J BLOOM	2013-07-12
001	2011-01-01	KENNETH J BLOOM	2012-07-13
001	2010-01-01	KENNETH J BLOOM	2011-07-15	KENNETH J BLOOM	2011-07-15

Plan Statistics for BLOOM ADVISORS EMPLOYEE 401(K) PLAN

401k plan membership statisitcs for BLOOM ADVISORS EMPLOYEE 401(K) PLAN

Measure Date Value
2023: BLOOM ADVISORS EMPLOYEE 401(K) PLAN 2023 401k membership
Total participants, beginning-of-year 2023-01-01 19
Total number of active participants reported on line 7a of the Form 5500 2023-01-01 20
Number of retired or separated participants receiving benefits 2023-01-01 0
Number of other retired or separated participants entitled to future benefits 2023-01-01 0
Total of all active and inactive participants 2023-01-01 20
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2023-01-01 0
Total participants 2023-01-01 20
Number of participants with account balances 2023-01-01 20
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2023-01-01 0
2022: BLOOM ADVISORS EMPLOYEE 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 20
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 19
Number of retired or separated participants receiving benefits 2022-01-01 0
Number of other retired or separated participants entitled to future benefits 2022-01-01 0
Total of all active and inactive participants 2022-01-01 19
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 0
Total participants 2022-01-01 19
Number of participants with account balances 2022-01-01 19
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 0

Measure	Date	Value
2023: BLOOM ADVISORS EMPLOYEE 401(K) PLAN 2023 401k membership
Total participants, beginning-of-year	2023-01-01	19
Total number of active participants reported on line 7a of the Form 5500	2023-01-01	20
Number of retired or separated participants receiving benefits	2023-01-01	0
Number of other retired or separated participants entitled to future benefits	2023-01-01	0
Total of all active and inactive participants	2023-01-01	20
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2023-01-01	0
Total participants	2023-01-01	20
Number of participants with account balances	2023-01-01	20
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2023-01-01	0
2022: BLOOM ADVISORS EMPLOYEE 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	20
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	19
Number of retired or separated participants receiving benefits	2022-01-01	0
Number of other retired or separated participants entitled to future benefits	2022-01-01	0
Total of all active and inactive participants	2022-01-01	19
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	0
Total participants	2022-01-01	19
Number of participants with account balances	2022-01-01	19
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	0

Financial Data on BLOOM ADVISORS EMPLOYEE 401(K) PLAN

Measure	Date	Value
2023 : BLOOM ADVISORS EMPLOYEE 401(K) PLAN 2023 401k financial data
Transfers to/from the plan	2023-12-31	$0
Total plan liabilities at end of year	2023-12-31	$0
Total plan liabilities at beginning of year	2023-12-31	$0
Total income from all sources	2023-12-31	$1,419,917
Expenses. Total of all expenses incurred	2023-12-31	$67,213
Benefits paid (including direct rollovers)	2023-12-31	$65,243
Total plan assets at end of year	2023-12-31	$7,444,696
Total plan assets at beginning of year	2023-12-31	$6,091,992
Value of fidelity bond covering the plan	2023-12-31	$500,000
Assets. Value of tangible personal property	2023-12-31	$0
Total contributions received or receivable from participants	2023-12-31	$354,107
Assets. Value of loans (other than to participants)	2023-12-31	$0
Expenses. Other expenses not covered elsewhere	2023-12-31	$0
Contributions received from other sources (not participants or employers)	2023-12-31	$0
Other income received	2023-12-31	$945,924
Noncash contributions received	2023-12-31	$0
Net income (gross income less expenses)	2023-12-31	$1,352,704
Net plan assets at end of year (total assets less liabilities)	2023-12-31	$7,444,696
Net plan assets at beginning of year (total assets less liabilities)	2023-12-31	$6,091,992
Assets. Value of participant loans	2023-12-31	$3,100
Assets. Value of assets in partnership/joint-venture interests	2023-12-31	$0
Assets. Value of real-estate (other than employer real property)	2023-12-31	$0
Assets. Value of employer securities	2023-12-31	$0
Assets. Value of employer real property	2023-12-31	$0
Total contributions received or receivable from employer(s)	2023-12-31	$119,886
Value of certain deemed distributions of participant loans	2023-12-31	$0
Value of corrective distributions	2023-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2023-12-31	$1,970
2022 : BLOOM ADVISORS EMPLOYEE 401(K) PLAN 2022 401k financial data
Transfers to/from the plan	2022-12-31	$0
Total plan liabilities at end of year	2022-12-31	$0
Total plan liabilities at beginning of year	2022-12-31	$0
Total income from all sources	2022-12-31	$-951,916
Expenses. Total of all expenses incurred	2022-12-31	$168,280
Benefits paid (including direct rollovers)	2022-12-31	$133,720
Total plan assets at end of year	2022-12-31	$6,091,992
Total plan assets at beginning of year	2022-12-31	$7,212,188
Value of fidelity bond covering the plan	2022-12-31	$500,000
Assets. Value of tangible personal property	2022-12-31	$0
Total contributions received or receivable from participants	2022-12-31	$271,807
Assets. Value of loans (other than to participants)	2022-12-31	$0
Expenses. Other expenses not covered elsewhere	2022-12-31	$0
Contributions received from other sources (not participants or employers)	2022-12-31	$0
Other income received	2022-12-31	$-1,343,774
Noncash contributions received	2022-12-31	$0
Net income (gross income less expenses)	2022-12-31	$-1,120,196
Net plan assets at end of year (total assets less liabilities)	2022-12-31	$6,091,992
Net plan assets at beginning of year (total assets less liabilities)	2022-12-31	$7,212,188
Assets. Value of participant loans	2022-12-31	$0
Assets. Value of assets in partnership/joint-venture interests	2022-12-31	$0
Assets. Value of real-estate (other than employer real property)	2022-12-31	$0
Assets. Value of employer securities	2022-12-31	$0
Assets. Value of employer real property	2022-12-31	$0
Total contributions received or receivable from employer(s)	2022-12-31	$120,051
Value of certain deemed distributions of participant loans	2022-12-31	$33,792
Value of corrective distributions	2022-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2022-12-31	$768

Form 5500 Responses for BLOOM ADVISORS EMPLOYEE 401(K) PLAN

2023: BLOOM ADVISORS EMPLOYEE 401(K) PLAN 2023 form 5500 responses
2023-01-01	Type of plan entity	Single employer plan
2023-01-01	This submission is the final filing	No
2023-01-01	Plan is a collectively bargained plan	No
2023-01-01	Plan funding arrangement – Trust	Yes
2023-01-01	Plan benefit arrangement - Trust	Yes
2022: BLOOM ADVISORS EMPLOYEE 401(K) PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	Submission has been amended	No
2022-01-01	This submission is the final filing	No
2022-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2022-01-01	Plan is a collectively bargained plan	No
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes

Was this data useful?

If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us. Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer

The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

Company Name:	BLOOM ADVISORS
Employer identification number (EIN):	200566114
NAIC Classification:	551112
NAIC Description:	Offices of Other Holding Companies