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PROPARK GROUP LIFE INSURANCE PLAN 401k Plan overview

Plan NamePROPARK GROUP LIFE INSURANCE PLAN
Plan identification number 501

PROPARK GROUP LIFE INSURANCE PLAN 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

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

Company Name:PROPARK, INC.
Employer identification number (EIN):061278496
NAIC Classification:812930
NAIC Description:Parking Lots and Garages

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PROPARK GROUP LIFE INSURANCE PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
5012018-08-01TIM WILLEY2019-12-15
5012018-08-01TIM WILLEY2020-05-13
5012017-08-01TIM WILLEY2020-05-13
5012015-02-01TIM WILLEY
5012014-02-01TIM WILLEY
5012013-02-01TIM WILLEY

Plan Statistics for PROPARK GROUP LIFE INSURANCE PLAN

401k plan membership statisitcs for PROPARK GROUP LIFE INSURANCE PLAN

Measure Date Value
2018: PROPARK GROUP LIFE INSURANCE PLAN 2018 401k membership
Total participants, beginning-of-year2018-08-01427
Total number of active participants reported on line 7a of the Form 55002018-08-01492
Total of all active and inactive participants2018-08-01492
2017: PROPARK GROUP LIFE INSURANCE PLAN 2017 401k membership
Total participants, beginning-of-year2017-08-01293
Total number of active participants reported on line 7a of the Form 55002017-08-01427
Total of all active and inactive participants2017-08-01427
2015: PROPARK GROUP LIFE INSURANCE PLAN 2015 401k membership
Total participants, beginning-of-year2015-02-01120
Total number of active participants reported on line 7a of the Form 55002015-02-0179
Number of retired or separated participants receiving benefits2015-02-010
Number of other retired or separated participants entitled to future benefits2015-02-010
Total of all active and inactive participants2015-02-0179
2014: PROPARK GROUP LIFE INSURANCE PLAN 2014 401k membership
Total participants, beginning-of-year2014-02-01159
Total number of active participants reported on line 7a of the Form 55002014-02-01120
Total of all active and inactive participants2014-02-01120
Total participants2014-02-010
2013: PROPARK GROUP LIFE INSURANCE PLAN 2013 401k membership
Total participants, beginning-of-year2013-02-010
Total number of active participants reported on line 7a of the Form 55002013-02-01159
Total of all active and inactive participants2013-02-01159
Total participants2013-02-010

Form 5500 Responses for PROPARK GROUP LIFE INSURANCE PLAN

2018: PROPARK GROUP LIFE INSURANCE PLAN 2018 form 5500 responses
2018-08-01Type of plan entitySingle employer plan
2018-08-01Submission has been amendedYes
2018-08-01This submission is the final filingYes
2018-08-01Plan funding arrangement – InsuranceYes
2018-08-01Plan benefit arrangement – InsuranceYes
2017: PROPARK GROUP LIFE INSURANCE PLAN 2017 form 5500 responses
2017-08-01Type of plan entitySingle employer plan
2017-08-01Submission has been amendedYes
2017-08-01Plan funding arrangement – InsuranceYes
2017-08-01Plan benefit arrangement – InsuranceYes
2015: PROPARK GROUP LIFE INSURANCE PLAN 2015 form 5500 responses
2015-02-01Type of plan entitySingle employer plan
2015-02-01Plan funding arrangement – InsuranceYes
2015-02-01Plan benefit arrangement – InsuranceYes
2014: PROPARK GROUP LIFE INSURANCE PLAN 2014 form 5500 responses
2014-02-01Type of plan entitySingle employer plan
2014-02-01Plan funding arrangement – InsuranceYes
2014-02-01Plan benefit arrangement – InsuranceYes
2013: PROPARK GROUP LIFE INSURANCE PLAN 2013 form 5500 responses
2013-02-01Type of plan entitySingle employer plan
2013-02-01First time form 5500 has been submittedYes
2013-02-01Plan funding arrangement – InsuranceYes
2013-02-01Plan benefit arrangement – InsuranceYes

Insurance Providers Used on plan

THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA (National Association of Insurance Commissioners NAIC id number: 64246 )
Policy contract number00502222
Policy instance 1
Insurance contract or identification number00502222
Number of Individuals Covered492
Insurance policy start date2018-01-01
Insurance policy end date2018-12-31
Total amount of commissions paid to insurance brokerUSD $36,332
Total amount of fees paid to insurance companyUSD $11,885
Health Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $534,496
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $36,332
Amount paid for insurance broker fees11885
Insurance broker organization code?4
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA (National Association of Insurance Commissioners NAIC id number: 64246 )
Policy contract number00502222
Policy instance 1
Insurance contract or identification number00502222
Number of Individuals Covered427
Insurance policy start date2017-01-01
Insurance policy end date2017-12-31
Total amount of commissions paid to insurance brokerUSD $21,469
Total amount of fees paid to insurance companyUSD $10,943
Health Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $286,220
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract numberH32102
Policy instance 1
Insurance contract or identification numberH32102
Number of Individuals Covered79
Insurance policy start date2015-02-01
Insurance policy end date2016-01-31
Total amount of commissions paid to insurance brokerUSD $5,728
Life Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $28,642
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $5,728
Insurance broker organization code?3
Insurance broker nameCHRISTOPHER W SOLEAU
PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract numberH32102
Policy instance 1
Insurance contract or identification numberH32102
Number of Individuals Covered120
Insurance policy start date2014-02-01
Insurance policy end date2015-01-31
Total amount of commissions paid to insurance brokerUSD $7,196
Life Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $35,981
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $7,196
Insurance broker organization code?3
Insurance broker nameCHRISTOPHER W SOLEAU
PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract numberH32102
Policy instance 1
Insurance contract or identification numberH32102
Number of Individuals Covered159
Insurance policy start date2013-02-01
Insurance policy end date2014-01-31
Total amount of commissions paid to insurance brokerUSD $8,638
Life Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $43,190
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $8,638
Insurance broker organization code?3
Insurance broker nameCHRISTOPHER W SOLEAU

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