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CITIZENS COMMUNITY FEDERAL NATIONAL ASSOCIATION HEALTH & WELFARE BENEFIT PLAN 401k Plan overview

Plan NameCITIZENS COMMUNITY FEDERAL NATIONAL ASSOCIATION HEALTH & WELFARE BENEFIT PLAN
Plan identification number 503

CITIZENS COMMUNITY FEDERAL NATIONAL ASSOCIATION HEALTH & WELFARE BENEFIT PLAN Benefits

401k Plan TypeWelfare Benefit
Plan Features/Benefits
  • Health (other than dental or vision)
  • Life insurance
  • Dental
  • Vision
  • Temporary disability (accident and sickness)
  • Long-term disability cover
  • Death benefits (include travel accident but not life insurance)
  • Other welfare benefit cover

401k Sponsoring company profile

CITIZENS COMMUNITY FEDERAL NATIONAL ASSOCIATION has sponsored the creation of one or more 401k plans.

Company Name:CITIZENS COMMUNITY FEDERAL NATIONAL ASSOCIATION
Employer identification number (EIN):390859926
NAIC Classification:522130
NAIC Description:Credit Unions

Form 5500 Filing Information

Submission information for form 5500 for 401k plan CITIZENS COMMUNITY FEDERAL NATIONAL ASSOCIATION HEALTH & WELFARE BENEFIT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
5032023-01-01

Plan Statistics for CITIZENS COMMUNITY FEDERAL NATIONAL ASSOCIATION HEALTH & WELFARE BENEFIT PLAN

401k plan membership statisitcs for CITIZENS COMMUNITY FEDERAL NATIONAL ASSOCIATION HEALTH & WELFARE BENEFIT PLAN

Measure Date Value
2023: CITIZENS COMMUNITY FEDERAL NATIONAL ASSOCIATION HEALTH & WELFARE BENEFIT PLAN 2023 401k membership
Total participants, beginning-of-year2023-01-01227
Total number of active participants reported on line 7a of the Form 55002023-01-01210
Number of retired or separated participants receiving benefits2023-01-012
Number of other retired or separated participants entitled to future benefits2023-01-010
Total of all active and inactive participants2023-01-01212

Form 5500 Responses for CITIZENS COMMUNITY FEDERAL NATIONAL ASSOCIATION HEALTH & WELFARE BENEFIT PLAN

2023: CITIZENS COMMUNITY FEDERAL NATIONAL ASSOCIATION HEALTH & WELFARE BENEFIT PLAN 2023 form 5500 responses
2023-01-01Type of plan entitySingle employer plan
2023-01-01Submission has been amendedNo
2023-01-01This submission is the final filingNo
2023-01-01This return/report is a short plan year return/report (less than 12 months)No
2023-01-01Plan is a collectively bargained planNo
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

Insurance Providers Used on plan

THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA (National Association of Insurance Commissioners NAIC id number: 64246 )
Policy contract number00533526
Policy instance 1
Insurance contract or identification number00533526
Number of Individuals Covered212
Insurance policy start date2023-01-01
Insurance policy end date2023-12-31
Total amount of commissions paid to insurance brokerUSD $17,032
Total amount of fees paid to insurance companyUSD $1,444
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 BenefitYes
Life Insurance Welfare BenefitYes
Temporary Disability Insurance Welfare BenefitYes
Long Term Disability Insurance Welfare BenefitYes
Unemployment Insurance Welfare BenefitNo
Other welfare benefits providedACCIDENTAL DEATH & DISMEMBERMENT, VOL. LIFE/ADD, ACCIDENT, CRITICAL ILLNESS, HOSPITAL INDEMNITY, EAP
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 $186,728
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No

Potentially related plans

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