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HOIST & CRANE SERVICE GROUP, INC. MAJOR MEDICAL AND LIFE 401k Plan overview

Plan NameHOIST & CRANE SERVICE GROUP, INC. MAJOR MEDICAL AND LIFE
Plan identification number 503

HOIST & CRANE SERVICE GROUP, INC. MAJOR MEDICAL AND LIFE Benefits

401k Plan TypeWelfare Benefit
Plan Features/Benefits
  • Health (other than dental or vision)
  • Life insurance
  • Death benefits (include travel accident but not life insurance)

401k Sponsoring company profile

HOIST & CRANE SERVICE GROUP, INC. has sponsored the creation of one or more 401k plans.

Company Name:HOIST & CRANE SERVICE GROUP, INC.
Employer identification number (EIN):720961967
NAIC Classification:811310
NAIC Description:Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance

Additional information about HOIST & CRANE SERVICE GROUP, INC.

Jurisdiction of Incorporation: Texas Secretary of State
Incorporation Date: 1987-06-22
Company Identification Number: 0007327706
Legal Registered Office Address: 4920 JEFFERSON HWY

JEFFERSON
United States of America (USA)
70121

More information about HOIST & CRANE SERVICE GROUP, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan HOIST & CRANE SERVICE GROUP, INC. MAJOR MEDICAL AND LIFE

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
5032023-01-01GERARD R. ADAM2024-07-09
5032022-01-01GERARD R. ADAM2023-07-13
5032021-01-01GERARD ADAM2022-05-04
5032020-01-01RICKEY REYNOLDS2021-03-25
5032019-01-01RICKEY REYNOLDS2020-05-20
5032018-01-01
5032017-01-01RICKEY REYNOLDS RICKEY REYNOLDS2018-04-30
5032017-01-01RICKEY REYNOLDS2019-04-05
5032016-01-01RICKEY REYNOLDS RICKEY REYNOLDS2017-10-30

Plan Statistics for HOIST & CRANE SERVICE GROUP, INC. MAJOR MEDICAL AND LIFE

401k plan membership statisitcs for HOIST & CRANE SERVICE GROUP, INC. MAJOR MEDICAL AND LIFE

Measure Date Value
2023: HOIST & CRANE SERVICE GROUP, INC. MAJOR MEDICAL AND LIFE 2023 401k membership
Total participants, beginning-of-year2023-01-01321
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: HOIST & CRANE SERVICE GROUP, INC. MAJOR MEDICAL AND LIFE 2022 401k membership
Total participants, beginning-of-year2022-01-01321
Total number of active participants reported on line 7a of the Form 55002022-01-01321
Number of retired or separated participants receiving benefits2022-01-010
Number of other retired or separated participants entitled to future benefits2022-01-010
Total of all active and inactive participants2022-01-01321
Number of employers contributing to the scheme2022-01-010
2021: HOIST & CRANE SERVICE GROUP, INC. MAJOR MEDICAL AND LIFE 2021 401k membership
Total participants, beginning-of-year2021-01-01332
Total number of active participants reported on line 7a of the Form 55002021-01-01321
Number of retired or separated participants receiving benefits2021-01-010
Number of other retired or separated participants entitled to future benefits2021-01-010
Total of all active and inactive participants2021-01-01321
Number of employers contributing to the scheme2021-01-010
2020: HOIST & CRANE SERVICE GROUP, INC. MAJOR MEDICAL AND LIFE 2020 401k membership
Total participants, beginning-of-year2020-01-01335
Total number of active participants reported on line 7a of the Form 55002020-01-01332
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-010
Total of all active and inactive participants2020-01-01332
Number of employers contributing to the scheme2020-01-010
2019: HOIST & CRANE SERVICE GROUP, INC. MAJOR MEDICAL AND LIFE 2019 401k membership
Total participants, beginning-of-year2019-01-01310
Total number of active participants reported on line 7a of the Form 55002019-01-01335
Number of retired or separated participants receiving benefits2019-01-010
Number of other retired or separated participants entitled to future benefits2019-01-010
Total of all active and inactive participants2019-01-01335
Number of employers contributing to the scheme2019-01-010
2018: HOIST & CRANE SERVICE GROUP, INC. MAJOR MEDICAL AND LIFE 2018 401k membership
Total participants, beginning-of-year2018-01-01260
Total number of active participants reported on line 7a of the Form 55002018-01-01329
Number of retired or separated participants receiving benefits2018-01-010
Number of other retired or separated participants entitled to future benefits2018-01-010
Total of all active and inactive participants2018-01-01329
Number of employers contributing to the scheme2018-01-010
2017: HOIST & CRANE SERVICE GROUP, INC. MAJOR MEDICAL AND LIFE 2017 401k membership
Total participants, beginning-of-year2017-01-01282
Total number of active participants reported on line 7a of the Form 55002017-01-01260
Total of all active and inactive participants2017-01-01260
Total participants2017-01-01260
Number of participants with account balances2017-01-01260
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-010
Number of employers contributing to the scheme2017-01-010
2016: HOIST & CRANE SERVICE GROUP, INC. MAJOR MEDICAL AND LIFE 2016 401k membership
Total participants, beginning-of-year2016-01-01248
Total number of active participants reported on line 7a of the Form 55002016-01-01266
Total of all active and inactive participants2016-01-01266
Total participants2016-01-01266

Form 5500 Responses for HOIST & CRANE SERVICE GROUP, INC. MAJOR MEDICAL AND LIFE

2023: HOIST & CRANE SERVICE GROUP, INC. MAJOR MEDICAL AND LIFE 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 – General assets of the sponsorYes
2023-01-01Plan benefit arrangement – General assets of the sponsorYes
2022: HOIST & CRANE SERVICE GROUP, INC. MAJOR MEDICAL AND LIFE 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Plan funding arrangement – General assets of the sponsorYes
2022-01-01Plan benefit arrangement – General assets of the sponsorYes
2021: HOIST & CRANE SERVICE GROUP, INC. MAJOR MEDICAL AND LIFE 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Plan funding arrangement – InsuranceYes
2021-01-01Plan benefit arrangement – InsuranceYes
2020: HOIST & CRANE SERVICE GROUP, INC. MAJOR MEDICAL AND LIFE 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Plan funding arrangement – InsuranceYes
2020-01-01Plan benefit arrangement – InsuranceYes
2019: HOIST & CRANE SERVICE GROUP, INC. MAJOR MEDICAL AND LIFE 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Plan funding arrangement – InsuranceYes
2019-01-01Plan benefit arrangement – InsuranceYes
2018: HOIST & CRANE SERVICE GROUP, INC. MAJOR MEDICAL AND LIFE 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Plan funding arrangement – InsuranceYes
2018-01-01Plan benefit arrangement – InsuranceYes
2017: HOIST & CRANE SERVICE GROUP, INC. MAJOR MEDICAL AND LIFE 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – General assets of the sponsorYes
2017-01-01Plan benefit arrangement – InsuranceYes
2016: HOIST & CRANE SERVICE GROUP, INC. MAJOR MEDICAL AND LIFE 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01First time form 5500 has been submittedYes
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – General assets of the sponsorYes
2016-01-01Plan benefit arrangement – InsuranceYes

Insurance Providers Used on plan

BLUE CROSS BLUE SHIELD OF LOUISIANA (National Association of Insurance Commissioners NAIC id number: 81200 )
Policy contract number76766FF2
Policy instance 1
Insurance contract or identification number76766FF2
Number of Individuals Covered734
Insurance policy start date2021-01-01
Insurance policy end date2021-12-31
Total amount of commissions paid to insurance brokerUSD $116,158
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?Yes
Commission paid to Insurance BrokerUSD $116,158
Amount paid for insurance broker fees0
Insurance broker organization code?3
BLUE CROSS BLUE SHIELD OF LOUISIANA (National Association of Insurance Commissioners NAIC id number: 81200 )
Policy contract number76766FF2
Policy instance 1
Insurance contract or identification number76766FF2
Number of Individuals Covered764
Insurance policy start date2020-01-01
Insurance policy end date2020-12-31
Total amount of commissions paid to insurance brokerUSD $99,332
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
Commission paid to Insurance BrokerUSD $99,332
Amount paid for insurance broker fees0
Insurance broker organization code?3
BLUE CROSS BLUE SHIELD OF LOUISIANA (National Association of Insurance Commissioners NAIC id number: 81200 )
Policy contract number76766FF2
Policy instance 1
Insurance contract or identification number76766FF2
Number of Individuals Covered745
Insurance policy start date2019-01-01
Insurance policy end date2019-12-31
Total amount of commissions paid to insurance brokerUSD $91,394
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?Yes
Commission paid to Insurance BrokerUSD $91,394
Amount paid for insurance broker fees0
Insurance broker organization code?3
BLUE CROSS BLUE SHIELD OF LOUISIANA (National Association of Insurance Commissioners NAIC id number: 81200 )
Policy contract number76766FF2
Policy instance 1
Insurance contract or identification number76766FF2
Number of Individuals Covered625
Insurance policy start date2018-01-01
Insurance policy end date2018-12-31
Total amount of commissions paid to insurance brokerUSD $82,579
Total amount of fees paid to insurance companyUSD $50,969
Health Insurance Welfare BenefitYes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?Yes
Commission paid to Insurance BrokerUSD $55,532
Amount paid for insurance broker fees50969
Additional information about fees paid to insurance brokerINDIRECT COMPENSATION
Insurance broker organization code?3
SOUTHERN NATIONAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 60009 )
Policy contract number76766FF2
Policy instance 2
Insurance contract or identification number76766FF2
Number of Individuals Covered329
Insurance policy start date2018-01-01
Insurance policy end date2018-12-31
Total amount of commissions paid to insurance brokerUSD $1,764
Total amount of fees paid to insurance companyUSD $0
Life Insurance Welfare BenefitYes
Other welfare benefits providedACCIDENTAL DEATH AND DISMEMBERMENT
Welfare Benefit Premiums Paid to CarrierUSD $26,619
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?Yes
Commission paid to Insurance BrokerUSD $1,764
Amount paid for insurance broker fees0
Insurance broker organization code?3
BLUE CROSS BLUE SHIELD OF LOUISIANA (National Association of Insurance Commissioners NAIC id number: 81200 )
Policy contract number76766FF2
Policy instance 1
Insurance contract or identification number76766FF2
Number of Individuals Covered260
Insurance policy start date2017-01-01
Insurance policy end date2017-12-31
Total amount of commissions paid to insurance brokerUSD $109,922
Total amount of fees paid to insurance companyUSD $0
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 BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $109,922
Amount paid for insurance broker fees0
Insurance broker organization code?3
Insurance broker nameLOUISIANA INSURANCE CENTER, INC.
SOUTHERN NATIONAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 60009 )
Policy contract number76766FF2
Policy instance 2
Insurance contract or identification number76766FF2
Number of Individuals Covered294
Insurance policy start date2017-01-01
Insurance policy end date2017-12-31
Total amount of commissions paid to insurance brokerUSD $2,338
Total amount of fees paid to insurance companyUSD $0
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 BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $2,338
Amount paid for insurance broker fees0
Insurance broker organization code?3
Other welfare benefits providedACCIDENTAL DEATH AND DISMEMBERMENT
Welfare Benefit Premiums Paid to CarrierUSD $23,347
Insurance broker nameLOUISIANA INSURANCE CENTER, INC.

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