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MEDICAL PLAN 401k Plan overview

Plan NameMEDICAL PLAN
Plan identification number 502

MEDICAL PLAN Benefits

401k Plan TypeWelfare Benefit
Plan Features/Benefits
  • Health (other than dental or vision)
  • Unfunded, fully insured, or combination unfunded/insured welfare plan that will not file a Form 5500 for next plan year pursuant to 29 CFR 2520.104-20.

401k Sponsoring company profile

ADVANTAGE MEDICAL PROFESSIONALS has sponsored the creation of one or more 401k plans.

Company Name:ADVANTAGE MEDICAL PROFESSIONALS
Employer identification number (EIN):262963231
NAIC Classification:561300

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MEDICAL PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
5022023-06-01TORI CHENEVERT2024-10-07
5022022-06-01TORI CHENEVERT2023-09-29
5022021-06-01TORI CHENEVERT2022-11-10
5022020-06-01TORI CHENEVERT2021-10-18

Plan Statistics for MEDICAL PLAN

401k plan membership statisitcs for MEDICAL PLAN

Measure Date Value
2023: MEDICAL PLAN 2023 401k membership
Total participants, beginning-of-year2023-06-01180
Total number of active participants reported on line 7a of the Form 55002023-06-01100
Number of retired or separated participants receiving benefits2023-06-010
Number of other retired or separated participants entitled to future benefits2023-06-010
Total of all active and inactive participants2023-06-01100
Number of employers contributing to the scheme2023-06-010
2022: MEDICAL PLAN 2022 401k membership
Total participants, beginning-of-year2022-06-01169
Total number of active participants reported on line 7a of the Form 55002022-06-0186
Number of retired or separated participants receiving benefits2022-06-010
Number of other retired or separated participants entitled to future benefits2022-06-010
Total of all active and inactive participants2022-06-0186
Number of employers contributing to the scheme2022-06-010
2021: MEDICAL PLAN 2021 401k membership
Total participants, beginning-of-year2021-06-01103
Total number of active participants reported on line 7a of the Form 55002021-06-01169
Number of retired or separated participants receiving benefits2021-06-010
Number of other retired or separated participants entitled to future benefits2021-06-010
Total of all active and inactive participants2021-06-01169
Number of employers contributing to the scheme2021-06-010
2020: MEDICAL PLAN 2020 401k membership
Total participants, beginning-of-year2020-06-01123
Total number of active participants reported on line 7a of the Form 55002020-06-01103
Number of retired or separated participants receiving benefits2020-06-010
Number of other retired or separated participants entitled to future benefits2020-06-010
Total of all active and inactive participants2020-06-01103
Number of employers contributing to the scheme2020-06-010

Form 5500 Responses for MEDICAL PLAN

2023: MEDICAL PLAN 2023 form 5500 responses
2023-06-01Type of plan entitySingle employer plan
2023-06-01Plan funding arrangement – InsuranceYes
2023-06-01Plan benefit arrangement – InsuranceYes
2022: MEDICAL PLAN 2022 form 5500 responses
2022-06-01Type of plan entitySingle employer plan
2022-06-01Plan funding arrangement – InsuranceYes
2022-06-01Plan benefit arrangement – InsuranceYes
2021: MEDICAL PLAN 2021 form 5500 responses
2021-06-01Type of plan entitySingle employer plan
2021-06-01Plan funding arrangement – InsuranceYes
2021-06-01Plan benefit arrangement – InsuranceYes
2020: MEDICAL PLAN 2020 form 5500 responses
2020-06-01Type of plan entitySingle employer plan
2020-06-01First time form 5500 has been submittedYes
2020-06-01Plan funding arrangement – InsuranceYes
2020-06-01Plan benefit arrangement – InsuranceYes

Insurance Providers Used on plan

UNITEDHEALTHCARE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 79413 )
Policy contract number921464
Policy instance 1
Insurance contract or identification number921464
Number of Individuals Covered203
Insurance policy start date2022-06-01
Insurance policy end date2023-05-31
Total amount of commissions paid to insurance brokerUSD $74,081
Total amount of fees paid to insurance companyUSD $3,207
Health Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $1,975,672
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $74,081
Amount paid for insurance broker fees0
Insurance broker organization code?3
Additional information about fees paid to insurance brokerBONUS
UNITEDHEALTHCARE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 79413 )
Policy contract number921464
Policy instance 1
Insurance contract or identification number921464
Number of Individuals Covered398
Insurance policy start date2021-06-01
Insurance policy end date2022-05-31
Total amount of commissions paid to insurance brokerUSD $58,476
Total amount of fees paid to insurance companyUSD $0
Health Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $1,461,913
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $58,476
Amount paid for insurance broker fees0
Insurance broker organization code?3
UNITEDHEALTHCARE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 79413 )
Policy contract number921464
Policy instance 1
Insurance contract or identification number921464
Number of Individuals Covered241
Insurance policy start date2020-06-01
Insurance policy end date2021-05-31
Total amount of commissions paid to insurance brokerUSD $41,245
Total amount of fees paid to insurance companyUSD $0
Health Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $1,031,133
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $41,245
Amount paid for insurance broker fees0
Insurance broker organization code?3

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