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ELECTRIC SUPPLY AND EQUIPMENT COMPANY'S HEALTH AND WELFARE PLAN 401k Plan overview

Plan NameELECTRIC SUPPLY AND EQUIPMENT COMPANY'S HEALTH AND WELFARE PLAN
Plan identification number 501

ELECTRIC SUPPLY AND EQUIPMENT COMPANY'S HEALTH AND WELFARE PLAN Benefits

401k Plan TypeWelfare Benefit
Plan Features/Benefits
  • Life insurance
  • Temporary disability (accident and sickness)
  • Long-term disability cover
  • Other welfare benefit cover

401k Sponsoring company profile

ELECTRIC SUPPLY & EQUIPMENT COMPANY has sponsored the creation of one or more 401k plans.

Company Name:ELECTRIC SUPPLY & EQUIPMENT COMPANY
Employer identification number (EIN):560213870
NAIC Classification:423400

Form 5500 Filing Information

Submission information for form 5500 for 401k plan ELECTRIC SUPPLY AND EQUIPMENT COMPANY'S HEALTH AND WELFARE PLAN

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

Plan Statistics for ELECTRIC SUPPLY AND EQUIPMENT COMPANY'S HEALTH AND WELFARE PLAN

401k plan membership statisitcs for ELECTRIC SUPPLY AND EQUIPMENT COMPANY'S HEALTH AND WELFARE PLAN

Measure Date Value
2022: ELECTRIC SUPPLY AND EQUIPMENT COMPANY'S HEALTH AND WELFARE PLAN 2022 401k membership
Total participants, beginning-of-year2022-11-01102
Total number of active participants reported on line 7a of the Form 55002022-11-01114
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 participants2022-11-01114

Form 5500 Responses for ELECTRIC SUPPLY AND EQUIPMENT COMPANY'S HEALTH AND WELFARE PLAN

2022: ELECTRIC SUPPLY AND EQUIPMENT COMPANY'S HEALTH AND WELFARE PLAN 2022 form 5500 responses
2022-11-01Type of plan entitySingle employer plan
2022-11-01First time form 5500 has been submittedYes
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 funding arrangement – General assets of the sponsorYes
2022-11-01Plan benefit arrangement – InsuranceYes
2022-11-01Plan benefit arrangement – General assets of the sponsorYes

Insurance Providers Used on plan

MUTUAL OF OMAHA (National Association of Insurance Commissioners NAIC id number: 69868 )
Policy contract numberG000C6RJ
Policy instance 1
Insurance contract or identification numberG000C6RJ
Number of Individuals Covered105
Insurance policy start date2022-11-01
Insurance policy end date2023-10-31
Total amount of commissions paid to insurance brokerUSD $8,689
Total amount of fees paid to insurance companyUSD $4,955
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 BenefitYes
Long Term Disability Insurance Welfare BenefitYes
Unemployment Insurance Welfare BenefitNo
Other welfare benefits providedAD&D
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 $65,200
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $8,689
Amount paid for insurance broker fees1424
Additional information about fees paid to insurance brokerOTHER COMPENSATION
Insurance broker organization code?3

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