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HEALTH CARE BENEFITS PLAN FOR THE EMPLOYEES OF DRA SOFTWARE, LLC 401k Plan overview

Plan NameHEALTH CARE BENEFITS PLAN FOR THE EMPLOYEES OF DRA SOFTWARE, LLC
Plan identification number 501

HEALTH CARE BENEFITS PLAN FOR THE EMPLOYEES OF DRA SOFTWARE, LLC Benefits

401k Plan TypeWelfare Benefit
Plan Features/Benefits
  • Health (other than dental or vision)
  • Dental
  • Vision

401k Sponsoring company profile

DRAKE SOFTWARE LLC has sponsored the creation of one or more 401k plans.

Company Name:DRAKE SOFTWARE LLC
Employer identification number (EIN):261539542
NAIC Classification:511210
NAIC Description:Software Publishers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan HEALTH CARE BENEFITS PLAN FOR THE EMPLOYEES OF DRA SOFTWARE, LLC

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
5012023-01-01STEPHANIE WALLACE2024-07-29
5012022-01-01STEPHANIE WALLACE2023-08-29
5012021-04-01PAUL MARTIN2022-10-12

Plan Statistics for HEALTH CARE BENEFITS PLAN FOR THE EMPLOYEES OF DRA SOFTWARE, LLC

401k plan membership statisitcs for HEALTH CARE BENEFITS PLAN FOR THE EMPLOYEES OF DRA SOFTWARE, LLC

Measure Date Value
2023: HEALTH CARE BENEFITS PLAN FOR THE EMPLOYEES OF DRA SOFTWARE, LLC 2023 401k membership
Total participants, beginning-of-year2023-01-01560
Total number of active participants reported on line 7a of the Form 55002023-01-010
Number of retired or separated participants receiving benefits2023-01-010
Number of other retired or separated participants entitled to future benefits2023-01-010
Total of all active and inactive participants2023-01-010
Number of employers contributing to the scheme2023-01-010
2022: HEALTH CARE BENEFITS PLAN FOR THE EMPLOYEES OF DRA SOFTWARE, LLC 2022 401k membership
Total participants, beginning-of-year2022-01-01553
Total number of active participants reported on line 7a of the Form 55002022-01-01560
Total of all active and inactive participants2022-01-01560
2021: HEALTH CARE BENEFITS PLAN FOR THE EMPLOYEES OF DRA SOFTWARE, LLC 2021 401k membership
Total participants, beginning-of-year2021-04-010
Total number of active participants reported on line 7a of the Form 55002021-04-01553
Total of all active and inactive participants2021-04-01553

Form 5500 Responses for HEALTH CARE BENEFITS PLAN FOR THE EMPLOYEES OF DRA SOFTWARE, LLC

2023: HEALTH CARE BENEFITS PLAN FOR THE EMPLOYEES OF DRA SOFTWARE, LLC 2023 form 5500 responses
2023-01-01Type of plan entitySingle employer plan
2023-01-01This submission is the final filingYes
2023-01-01Plan funding arrangement – InsuranceYes
2023-01-01Plan funding arrangement – General assets of the sponsorYes
2023-01-01Plan benefit arrangement – InsuranceYes
2023-01-01Plan benefit arrangement – General assets of the sponsorYes
2022: HEALTH CARE BENEFITS PLAN FOR THE EMPLOYEES OF DRA SOFTWARE, LLC 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Plan funding arrangement – InsuranceYes
2022-01-01Plan funding arrangement – General assets of the sponsorYes
2022-01-01Plan benefit arrangement – InsuranceYes
2022-01-01Plan benefit arrangement – General assets of the sponsorYes
2021: HEALTH CARE BENEFITS PLAN FOR THE EMPLOYEES OF DRA SOFTWARE, LLC 2021 form 5500 responses
2021-04-01Type of plan entitySingle employer plan
2021-04-01First time form 5500 has been submittedYes
2021-04-01This return/report is a short plan year return/report (less than 12 months)Yes
2021-04-01Plan funding arrangement – InsuranceYes
2021-04-01Plan funding arrangement – General assets of the sponsorYes
2021-04-01Plan benefit arrangement – InsuranceYes
2021-04-01Plan benefit arrangement – General assets of the sponsorYes

Insurance Providers Used on plan

THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA (National Association of Insurance Commissioners NAIC id number: 64246 )
Policy contract number20231
Policy instance 1
Insurance contract or identification number20231
Number of Individuals Covered456
Insurance policy start date2023-01-01
Insurance policy end date2023-12-31
Total amount of commissions paid to insurance brokerUSD $54,185
Total amount of fees paid to insurance companyUSD $21,476
Dental Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $361,233
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
EYEMED VISION CARE (National Association of Insurance Commissioners NAIC id number: 71870 )
Policy contract number10326161001
Policy instance 2
Insurance contract or identification number10326161001
Number of Individuals Covered752
Insurance policy start date2023-01-01
Insurance policy end date2023-12-31
Total amount of commissions paid to insurance brokerUSD $3,515
Total amount of fees paid to insurance companyUSD $0
Vision Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $49,930
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA (National Association of Insurance Commissioners NAIC id number: 64246 )
Policy contract number00020231
Policy instance 1
Insurance contract or identification number00020231
Number of Individuals Covered995
Insurance policy start date2022-01-01
Insurance policy end date2022-12-31
Total amount of commissions paid to insurance brokerUSD $42,725
Total amount of fees paid to insurance companyUSD $0
Dental Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $284,831
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $28,483
Insurance broker organization code?3
BLUECROSS BLUESHIELD OF NORTH CAROLINA (National Association of Insurance Commissioners NAIC id number: 54631 )
Policy contract number141694749001
Policy instance 2
Insurance contract or identification number141694749001
Number of Individuals Covered994
Insurance policy start date2022-01-01
Insurance policy end date2022-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Health Insurance Welfare BenefitYes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
EYEMED VISION CARE (National Association of Insurance Commissioners NAIC id number: 71870 )
Policy contract number16001 & 17001
Policy instance 3
Insurance contract or identification number16001 & 17001
Number of Individuals Covered814
Insurance policy start date2022-01-01
Insurance policy end date2022-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Vision Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $52,163
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA (National Association of Insurance Commissioners NAIC id number: 64246 )
Policy contract number00020231
Policy instance 1
Insurance contract or identification number00020231
Number of Individuals Covered468
Insurance policy start date2021-04-01
Insurance policy end date2021-12-31
Total amount of commissions paid to insurance brokerUSD $31,622
Total amount of fees paid to insurance companyUSD $0
Dental Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $210,811
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $21,081
Insurance broker organization code?3
BLUECROSS BLUESHIELD OF NORTH CAROLINA (National Association of Insurance Commissioners NAIC id number: 54631 )
Policy contract number141694749001
Policy instance 2
Insurance contract or identification number141694749001
Number of Individuals Covered553
Insurance policy start date2021-04-01
Insurance policy end date2021-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Health Insurance Welfare BenefitYes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
EYEMED VISION CARE (National Association of Insurance Commissioners NAIC id number: 71870 )
Policy contract number16001 & 17001
Policy instance 3
Insurance contract or identification number16001 & 17001
Number of Individuals Covered745
Insurance policy start date2021-04-01
Insurance policy end date2021-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Vision Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $36,257
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No

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