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THE BLOOM ORGANIZATION II, INC. EMPLOYEE STOCK OWNERSHIP PLAN 401k Plan overview

Plan NameTHE BLOOM ORGANIZATION II, INC. EMPLOYEE STOCK OWNERSHIP PLAN
Plan identification number 001

THE BLOOM ORGANIZATION II, INC. EMPLOYEE STOCK OWNERSHIP PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • Leveraged ESOP - An ESOP that acquires employer securities with borrowed money or other debt-financing techniques. A completed Schedule E must be attached to a Form 5500 filed for an ESOP.
  • The employer maintaining this ESOP is an S Corporation
  • Plan requiring that all or part of employer contributions be invested and held, at least for a limited period, in employer securities.

401k Sponsoring company profile

THE BLOOM ORGANIZATION II, INC. has sponsored the creation of one or more 401k plans.

Company Name:THE BLOOM ORGANIZATION II, INC.
Employer identification number (EIN):472570360
NAIC Classification:524210
NAIC Description:Insurance Agencies and Brokerages

Additional information about THE BLOOM ORGANIZATION II, INC.

Jurisdiction of Incorporation: Florida Department of State Division of Corporations
Incorporation Date: 2014-12-16
Company Identification Number: P14000100322
Legal Registered Office Address: 21500 Biscayne Blvd.

Aventura

33180

More information about THE BLOOM ORGANIZATION II, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE BLOOM ORGANIZATION II, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01HENRY BLOOM2024-02-09
0012021-01-01HENRY BLOOM2023-02-15
0012020-01-01HENRY BLOOM2021-10-13
0012020-01-01HENRY BLOOM2023-02-15
0012019-01-01HENRY BLOOM2020-10-14
0012019-01-01HENRY BLOOM2021-10-14
0012018-01-01HENRY BLOOM2019-10-13
0012017-01-01
0012017-01-01HENRY BLOOM2019-10-14
0012016-01-01

Plan Statistics for THE BLOOM ORGANIZATION II, INC. EMPLOYEE STOCK OWNERSHIP PLAN

401k plan membership statisitcs for THE BLOOM ORGANIZATION II, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Measure Date Value
2022: THE BLOOM ORGANIZATION II, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-0126
Total number of active participants reported on line 7a of the Form 55002022-01-0114
Number of retired or separated participants receiving benefits2022-01-010
Number of other retired or separated participants entitled to future benefits2022-01-0112
Total of all active and inactive participants2022-01-0126
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-010
Total participants2022-01-0126
Number of participants with account balances2022-01-0126
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-015
2021: THE BLOOM ORGANIZATION II, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-0122
Total number of active participants reported on line 7a of the Form 55002021-01-0115
Number of retired or separated participants receiving benefits2021-01-010
Number of other retired or separated participants entitled to future benefits2021-01-0111
Total of all active and inactive participants2021-01-0126
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-0126
Number of participants with account balances2021-01-0126
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-013
2020: THE BLOOM ORGANIZATION II, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-0120
Total number of active participants reported on line 7a of the Form 55002020-01-0112
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-0110
Total of all active and inactive participants2020-01-0122
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-0122
Number of participants with account balances2020-01-0122
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-012
2019: THE BLOOM ORGANIZATION II, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-0118
Total number of active participants reported on line 7a of the Form 55002019-01-0110
Number of retired or separated participants receiving benefits2019-01-010
Number of other retired or separated participants entitled to future benefits2019-01-019
Total of all active and inactive participants2019-01-0119
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-0119
Number of participants with account balances2019-01-019
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-015
2018: THE BLOOM ORGANIZATION II, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-0117
Total number of active participants reported on line 7a of the Form 55002018-01-0113
Number of retired or separated participants receiving benefits2018-01-010
Number of other retired or separated participants entitled to future benefits2018-01-015
Total of all active and inactive participants2018-01-0118
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-0118
Number of participants with account balances2018-01-0118
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-013
2017: THE BLOOM ORGANIZATION II, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-0113
Total number of active participants reported on line 7a of the Form 55002017-01-0113
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-010
Total of all active and inactive participants2017-01-0113
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-0113
Number of participants with account balances2017-01-0113
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-011
2016: THE BLOOM ORGANIZATION II, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-0114
Total number of active participants reported on line 7a of the Form 55002016-01-0113
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-010
Total of all active and inactive participants2016-01-0113
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-0113
Number of participants with account balances2016-01-0113
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-011

Financial Data on THE BLOOM ORGANIZATION II, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Measure Date Value
2022 : THE BLOOM ORGANIZATION II, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2022 401k financial data
Total plan liabilities at end of year2022-12-31$2,307,002
Total plan liabilities at beginning of year2022-12-31$3,184,871
Total income from all sources2022-12-31$3,631,503
Expenses. Total of all expenses incurred2022-12-31$69,616
Total plan assets at end of year2022-12-31$16,624,429
Total plan assets at beginning of year2022-12-31$13,940,411
Expenses. Other expenses not covered elsewhere2022-12-31$69,616
Other income received2022-12-31$3,246,232
Net income (gross income less expenses)2022-12-31$3,561,887
Net plan assets at end of year (total assets less liabilities)2022-12-31$14,317,427
Net plan assets at beginning of year (total assets less liabilities)2022-12-31$10,755,540
Assets. Value of employer securities2022-12-31$16,624,429
Total contributions received or receivable from employer(s)2022-12-31$385,271
2021 : THE BLOOM ORGANIZATION II, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2021 401k financial data
Total plan liabilities at end of year2021-12-31$3,184,871
Total plan liabilities at beginning of year2021-12-31$3,184,871
Total income from all sources2021-12-31$7,379,891
Expenses. Total of all expenses incurred2021-12-31$83,864
Benefits paid (including direct rollovers)2021-12-31$0
Total plan assets at end of year2021-12-31$13,940,411
Total plan assets at beginning of year2021-12-31$6,644,384
Expenses. Other expenses not covered elsewhere2021-12-31$83,864
Other income received2021-12-31$7,053,266
Net income (gross income less expenses)2021-12-31$7,296,027
Net plan assets at end of year (total assets less liabilities)2021-12-31$10,755,540
Net plan assets at beginning of year (total assets less liabilities)2021-12-31$3,459,513
Assets. Value of employer securities2021-12-31$13,347,351
Total contributions received or receivable from employer(s)2021-12-31$326,625
Expenses. Administrative service providers (salaries,fees and commissions)2021-12-31$0
2020 : THE BLOOM ORGANIZATION II, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2020 401k financial data
Total plan liabilities at end of year2020-12-31$3,184,871
Total plan liabilities at beginning of year2020-12-31$3,301,060
Total income from all sources2020-12-31$201,460
Expenses. Total of all expenses incurred2020-12-31$85,271
Total plan assets at end of year2020-12-31$3,694,760
Total plan assets at beginning of year2020-12-31$3,694,760
Expenses. Other expenses not covered elsewhere2020-12-31$85,271
Other income received2020-12-31$-97,728
Net income (gross income less expenses)2020-12-31$116,189
Net plan assets at end of year (total assets less liabilities)2020-12-31$509,889
Net plan assets at beginning of year (total assets less liabilities)2020-12-31$393,700
Assets. Value of employer securities2020-12-31$3,694,760
Total contributions received or receivable from employer(s)2020-12-31$299,188
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-12-31$0
2019 : THE BLOOM ORGANIZATION II, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2019 401k financial data
Total plan liabilities at end of year2019-12-31$3,301,060
Total plan liabilities at beginning of year2019-12-31$3,631,166
Total income from all sources2019-12-31$425,969
Expenses. Total of all expenses incurred2019-12-31$95,863
Total plan assets at end of year2019-12-31$2,549,788
Total plan assets at beginning of year2019-12-31$2,549,788
Expenses. Other expenses not covered elsewhere2019-12-31$95,863
Other income received2019-12-31$1,253,209
Net income (gross income less expenses)2019-12-31$330,106
Net plan assets at end of year (total assets less liabilities)2019-12-31$-751,272
Net plan assets at beginning of year (total assets less liabilities)2019-12-31$-1,081,378
Assets. Value of employer securities2019-12-31$2,549,788
Total contributions received or receivable from employer(s)2019-12-31$425,969
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
2018 : THE BLOOM ORGANIZATION II, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2018 401k financial data
Total plan liabilities at end of year2018-12-31$3,631,166
Total plan liabilities at beginning of year2018-12-31$3,964,087
Total income from all sources2018-12-31$1,951,564
Expenses. Total of all expenses incurred2018-12-31$104,652
Total plan assets at end of year2018-12-31$2,549,788
Total plan assets at beginning of year2018-12-31$1,035,797
Expenses. Other expenses not covered elsewhere2018-12-31$104,652
Other income received2018-12-31$1,513,991
Net income (gross income less expenses)2018-12-31$1,846,912
Net plan assets at end of year (total assets less liabilities)2018-12-31$-1,081,378
Net plan assets at beginning of year (total assets less liabilities)2018-12-31$-2,928,290
Assets. Value of employer securities2018-12-31$2,549,788
Total contributions received or receivable from employer(s)2018-12-31$437,573
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0
2017 : THE BLOOM ORGANIZATION II, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2017 401k financial data
Total plan liabilities at end of year2017-12-31$6,047,151
Total plan liabilities at beginning of year2017-12-31$6,047,151
Total income from all sources2017-12-31$1,354,019
Expenses. Total of all expenses incurred2017-12-31$122,837
Total plan assets at end of year2017-12-31$6,231,182
Total plan assets at beginning of year2017-12-31$5,000,000
Expenses. Other expenses not covered elsewhere2017-12-31$122,837
Other income received2017-12-31$859,176
Net income (gross income less expenses)2017-12-31$1,231,182
Net plan assets at end of year (total assets less liabilities)2017-12-31$184,031
Net plan assets at beginning of year (total assets less liabilities)2017-12-31$-1,047,151
Assets. Value of employer securities2017-12-31$6,231,182
Total contributions received or receivable from employer(s)2017-12-31$494,843
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
2016 : THE BLOOM ORGANIZATION II, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2016 401k financial data
Total plan liabilities at end of year2016-12-31$6,047,151
Total plan liabilities at beginning of year2016-12-31$7,278,333
Total income from all sources2016-12-31$1,354,019
Expenses. Total of all expenses incurred2016-12-31$122,837
Total plan assets at end of year2016-12-31$5,000,000
Total plan assets at beginning of year2016-12-31$5,000,000
Expenses. Other expenses not covered elsewhere2016-12-31$122,837
Other income received2016-12-31$859,176
Net income (gross income less expenses)2016-12-31$1,231,182
Net plan assets at end of year (total assets less liabilities)2016-12-31$-1,047,151
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$-2,278,333
Assets. Value of employer securities2016-12-31$5,000,000
Total contributions received or receivable from employer(s)2016-12-31$494,843
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0

Form 5500 Responses for THE BLOOM ORGANIZATION II, INC. EMPLOYEE STOCK OWNERSHIP PLAN

2022: THE BLOOM ORGANIZATION II, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedNo
2022-01-01This submission is the final filingNo
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: THE BLOOM ORGANIZATION II, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedNo
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: THE BLOOM ORGANIZATION II, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: THE BLOOM ORGANIZATION II, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: THE BLOOM ORGANIZATION II, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: THE BLOOM ORGANIZATION II, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: THE BLOOM ORGANIZATION II, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes

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