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GROUP LIFE AND ACCIDENTAL DEATH & DISMEMBERMENT INSURANCE FOR EMPLOYEES OF MORAE GLOBAL CORPORATION 401k Plan overview

Plan NameGROUP LIFE AND ACCIDENTAL DEATH & DISMEMBERMENT INSURANCE FOR EMPLOYEES OF MORAE GLOBAL CORPORATION
Plan identification number 501

GROUP LIFE AND ACCIDENTAL DEATH & DISMEMBERMENT INSURANCE FOR EMPLOYEES OF MORAE GLOBAL CORPORATION Benefits

401k Plan TypeWelfare Benefit
Plan Features/Benefits
  • Life insurance
  • Other welfare benefit cover

401k Sponsoring company profile

MORAE GLOBAL CORPORATION has sponsored the creation of one or more 401k plans.

Company Name:MORAE GLOBAL CORPORATION
Employer identification number (EIN):260562318
NAIC Classification:541190

Additional information about MORAE GLOBAL CORPORATION

Jurisdiction of Incorporation: Texas Secretary of State
Incorporation Date: 2015-08-05
Company Identification Number: 0802267610
Legal Registered Office Address: PO BOX 61857

HOUSTON
United States of America (USA)
77208

More information about MORAE GLOBAL CORPORATION

Form 5500 Filing Information

Submission information for form 5500 for 401k plan GROUP LIFE AND ACCIDENTAL DEATH & DISMEMBERMENT INSURANCE FOR EMPLOYEES OF MORAE GLOBAL CORPORATION

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
5012022-11-01
5012021-11-01
5012020-11-01
5012019-11-01
5012018-11-01

Plan Statistics for GROUP LIFE AND ACCIDENTAL DEATH & DISMEMBERMENT INSURANCE FOR EMPLOYEES OF MORAE GLOBAL CORPORATION

401k plan membership statisitcs for GROUP LIFE AND ACCIDENTAL DEATH & DISMEMBERMENT INSURANCE FOR EMPLOYEES OF MORAE GLOBAL CORPORATION

Measure Date Value
2022: GROUP LIFE AND ACCIDENTAL DEATH & DISMEMBERMENT INSURANCE FOR EMPLOYEES OF MORAE GLOBAL CORPORATION 2022 401k membership
Total participants, beginning-of-year2022-11-01154
Total number of active participants reported on line 7a of the Form 55002022-11-01152
Number of retired or separated participants receiving benefits2022-11-010
Number of other retired or separated participants entitled to future benefits2022-11-010
Total of all active and inactive participants2022-11-01152
2021: GROUP LIFE AND ACCIDENTAL DEATH & DISMEMBERMENT INSURANCE FOR EMPLOYEES OF MORAE GLOBAL CORPORATION 2021 401k membership
Total participants, beginning-of-year2021-11-01163
Total number of active participants reported on line 7a of the Form 55002021-11-01156
Number of retired or separated participants receiving benefits2021-11-010
Number of other retired or separated participants entitled to future benefits2021-11-010
Total of all active and inactive participants2021-11-01156
2020: GROUP LIFE AND ACCIDENTAL DEATH & DISMEMBERMENT INSURANCE FOR EMPLOYEES OF MORAE GLOBAL CORPORATION 2020 401k membership
Total participants, beginning-of-year2020-11-01118
Total number of active participants reported on line 7a of the Form 55002020-11-01162
Number of retired or separated participants receiving benefits2020-11-010
Number of other retired or separated participants entitled to future benefits2020-11-010
Total of all active and inactive participants2020-11-01162
2019: GROUP LIFE AND ACCIDENTAL DEATH & DISMEMBERMENT INSURANCE FOR EMPLOYEES OF MORAE GLOBAL CORPORATION 2019 401k membership
Total participants, beginning-of-year2019-11-01110
Total number of active participants reported on line 7a of the Form 55002019-11-01118
Number of retired or separated participants receiving benefits2019-11-010
Number of other retired or separated participants entitled to future benefits2019-11-010
Total of all active and inactive participants2019-11-01118
2018: GROUP LIFE AND ACCIDENTAL DEATH & DISMEMBERMENT INSURANCE FOR EMPLOYEES OF MORAE GLOBAL CORPORATION 2018 401k membership
Total participants, beginning-of-year2018-11-01106
Total number of active participants reported on line 7a of the Form 55002018-11-01110
Number of retired or separated participants receiving benefits2018-11-010
Number of other retired or separated participants entitled to future benefits2018-11-010
Total of all active and inactive participants2018-11-01110

Form 5500 Responses for GROUP LIFE AND ACCIDENTAL DEATH & DISMEMBERMENT INSURANCE FOR EMPLOYEES OF MORAE GLOBAL CORPORATION

2022: GROUP LIFE AND ACCIDENTAL DEATH & DISMEMBERMENT INSURANCE FOR EMPLOYEES OF MORAE GLOBAL CORPORATION 2022 form 5500 responses
2022-11-01Type of plan entitySingle employer plan
2022-11-01Submission has been amendedNo
2022-11-01This submission is the final filingNo
2022-11-01This return/report is a short plan year return/report (less than 12 months)No
2022-11-01Plan is a collectively bargained planNo
2022-11-01Plan funding arrangement – InsuranceYes
2022-11-01Plan benefit arrangement – InsuranceYes
2021: GROUP LIFE AND ACCIDENTAL DEATH & DISMEMBERMENT INSURANCE FOR EMPLOYEES OF MORAE GLOBAL CORPORATION 2021 form 5500 responses
2021-11-01Type of plan entitySingle employer plan
2021-11-01Submission has been amendedNo
2021-11-01This submission is the final filingNo
2021-11-01This return/report is a short plan year return/report (less than 12 months)No
2021-11-01Plan is a collectively bargained planNo
2021-11-01Plan funding arrangement – InsuranceYes
2021-11-01Plan benefit arrangement – InsuranceYes
2020: GROUP LIFE AND ACCIDENTAL DEATH & DISMEMBERMENT INSURANCE FOR EMPLOYEES OF MORAE GLOBAL CORPORATION 2020 form 5500 responses
2020-11-01Type of plan entitySingle employer plan
2020-11-01Submission has been amendedNo
2020-11-01This submission is the final filingNo
2020-11-01This return/report is a short plan year return/report (less than 12 months)No
2020-11-01Plan is a collectively bargained planNo
2020-11-01Plan funding arrangement – InsuranceYes
2020-11-01Plan benefit arrangement – InsuranceYes
2019: GROUP LIFE AND ACCIDENTAL DEATH & DISMEMBERMENT INSURANCE FOR EMPLOYEES OF MORAE GLOBAL CORPORATION 2019 form 5500 responses
2019-11-01Type of plan entitySingle employer plan
2019-11-01Submission has been amendedNo
2019-11-01This submission is the final filingNo
2019-11-01This return/report is a short plan year return/report (less than 12 months)No
2019-11-01Plan is a collectively bargained planNo
2019-11-01Plan funding arrangement – InsuranceYes
2019-11-01Plan benefit arrangement – InsuranceYes
2018: GROUP LIFE AND ACCIDENTAL DEATH & DISMEMBERMENT INSURANCE FOR EMPLOYEES OF MORAE GLOBAL CORPORATION 2018 form 5500 responses
2018-11-01Type of plan entitySingle employer plan
2018-11-01First time form 5500 has been submittedYes
2018-11-01Submission has been amendedNo
2018-11-01This submission is the final filingNo
2018-11-01This return/report is a short plan year return/report (less than 12 months)No
2018-11-01Plan is a collectively bargained planNo
2018-11-01Plan funding arrangement – InsuranceYes
2018-11-01Plan benefit arrangement – InsuranceYes

Insurance Providers Used on plan

THE LINCOLN NATIONAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65675 )
Policy contract number000010247379
Policy instance 1
Insurance contract or identification number000010247379
Number of Individuals Covered152
Insurance policy start date2022-11-01
Insurance policy end date2023-10-31
Total amount of commissions paid to insurance brokerUSD $5,473
Total amount of fees paid to insurance companyUSD $456
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitYes
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Other welfare benefits providedACCIDENTAL DEATH & DISMEMBERMENT
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Welfare Benefit Premiums Paid to CarrierUSD $36,485
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $5,473
Insurance broker organization code?3
Amount paid for insurance broker fees456
Additional information about fees paid to insurance brokerOVERRIDES
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65675 )
Policy contract number000010247379
Policy instance 1
Insurance contract or identification number000010247379
Number of Individuals Covered154
Insurance policy start date2021-11-01
Insurance policy end date2022-10-31
Total amount of commissions paid to insurance brokerUSD $6,012
Total amount of fees paid to insurance companyUSD $737
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitYes
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Other welfare benefits providedACCIDENTAL DEATH & DISMEMBERMENT
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Welfare Benefit Premiums Paid to CarrierUSD $40,081
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $6,012
Amount paid for insurance broker fees510
Additional information about fees paid to insurance brokerBROKER BONUS
Insurance broker organization code?3
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65675 )
Policy contract number000010247379
Policy instance 1
Insurance contract or identification number000010247379
Number of Individuals Covered153
Insurance policy start date2020-11-01
Insurance policy end date2021-10-31
Total amount of commissions paid to insurance brokerUSD $4,731
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitYes
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Other welfare benefits providedACCIDENTAL DEATH & DISMEMBERMENT
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Welfare Benefit Premiums Paid to CarrierUSD $31,542
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $3,883
Insurance broker organization code?3
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65675 )
Policy contract number000010247379
Policy instance 1
Insurance contract or identification number000010247379
Number of Individuals Covered115
Insurance policy start date2018-11-01
Insurance policy end date2019-10-31
Total amount of commissions paid to insurance brokerUSD $3,535
Total amount of fees paid to insurance companyUSD $1,667
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitYes
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Other welfare benefits providedACCIDENTAL DEATH & DISMEMBERMENT
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Welfare Benefit Premiums Paid to CarrierUSD $23,567
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $3,535
Amount paid for insurance broker fees1667
Additional information about fees paid to insurance brokerBROKER BONUS
Insurance broker organization code?3

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