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MADISON MEDICAL PLAN 401k Plan overview

Plan NameMADISON MEDICAL PLAN
Plan identification number 502

MADISON MEDICAL PLAN Benefits

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

401k Sponsoring company profile

MADISON TELECOMMUNICATIONS, INC. has sponsored the creation of one or more 401k plans.

Company Name:MADISON TELECOMMUNICATIONS, INC.
Employer identification number (EIN):582617060
NAIC Classification:238900

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MADISON MEDICAL PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
5022023-01-01ADINA ROOKS2024-09-09

Plan Statistics for MADISON MEDICAL PLAN

401k plan membership statisitcs for MADISON MEDICAL PLAN

Measure Date Value
2023: MADISON MEDICAL PLAN 2023 401k membership
Total participants, beginning-of-year2023-01-01132
Total number of active participants reported on line 7a of the Form 55002023-01-01125
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 participants2023-01-01125
Number of employers contributing to the scheme2023-01-010

Form 5500 Responses for MADISON MEDICAL PLAN

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

Insurance Providers Used on plan

CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES (National Association of Insurance Commissioners NAIC id number: 67369 )
Policy contract number630963
Policy instance 1
Insurance contract or identification number630963
Number of Individuals Covered134
Insurance policy start date2023-01-01
Insurance policy end date2023-12-31
Total amount of commissions paid to insurance brokerUSD $33,201
Total amount of fees paid to insurance companyUSD $0
Health Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $278,685
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?Yes

Potentially related plans

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