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LABOR FIRST, LLC HEALTH & WELFARE PLAN 401k Plan overview

Plan NameLABOR FIRST, LLC HEALTH & WELFARE PLAN
Plan identification number 501

LABOR FIRST, LLC HEALTH & WELFARE PLAN Benefits

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

401k Sponsoring company profile

LABOR FIRST, LLC has sponsored the creation of one or more 401k plans.

Company Name:LABOR FIRST, LLC
Employer identification number (EIN):061750191
NAIC Classification:524210
NAIC Description:Insurance Agencies and Brokerages

Additional information about LABOR FIRST, LLC

Jurisdiction of Incorporation: State of Delaware Division of Corporations
Incorporation Date:
Company Identification Number: 3625578

More information about LABOR FIRST, LLC

Form 5500 Filing Information

Submission information for form 5500 for 401k plan LABOR FIRST, LLC HEALTH & WELFARE PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
5012022-09-01

Plan Statistics for LABOR FIRST, LLC HEALTH & WELFARE PLAN

401k plan membership statisitcs for LABOR FIRST, LLC HEALTH & WELFARE PLAN

Measure Date Value
2022: LABOR FIRST, LLC HEALTH & WELFARE PLAN 2022 401k membership
Total participants, beginning-of-year2022-09-01136
Total number of active participants reported on line 7a of the Form 55002022-09-01175
Total of all active and inactive participants2022-09-01175

Form 5500 Responses for LABOR FIRST, LLC HEALTH & WELFARE PLAN

2022: LABOR FIRST, LLC HEALTH & WELFARE PLAN 2022 form 5500 responses
2022-09-01Type of plan entitySingle employer plan
2022-09-01First time form 5500 has been submittedYes
2022-09-01Submission has been amendedNo
2022-09-01This submission is the final filingNo
2022-09-01This return/report is a short plan year return/report (less than 12 months)No
2022-09-01Plan is a collectively bargained planNo
2022-09-01Plan funding arrangement – InsuranceYes
2022-09-01Plan funding arrangement – General assets of the sponsorYes
2022-09-01Plan benefit arrangement – InsuranceYes
2022-09-01Plan 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 number00039192
Policy instance 1
Insurance contract or identification number00039192
Number of Individuals Covered175
Insurance policy start date2022-09-01
Insurance policy end date2023-08-31
Total amount of commissions paid to insurance brokerUSD $33,546
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 BenefitYes
Vision Insurance Welfare BenefitYes
Life Insurance Welfare BenefitYes
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitYes
Unemployment Insurance Welfare BenefitNo
Other welfare benefits providedADD, CRIT ILLNESS, ACCIDENT
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 $180,200
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $22,587
Insurance broker organization code?3

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