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GLOBECOMM SYSTEMS INC. GROUP BENEFITS PLAN 401k Plan overview

Plan NameGLOBECOMM SYSTEMS INC. GROUP BENEFITS PLAN
Plan identification number 506

GLOBECOMM SYSTEMS INC. GROUP BENEFITS 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)

401k Sponsoring company profile

GLOBECOMM SYSTEMS INC. has sponsored the creation of one or more 401k plans.

Company Name:GLOBECOMM SYSTEMS INC.
Employer identification number (EIN):113225567
NAIC Classification:517000

Form 5500 Filing Information

Submission information for form 5500 for 401k plan GLOBECOMM SYSTEMS INC. GROUP BENEFITS PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
5062017-07-01
5062016-07-01KRISTIN HARRISON

Plan Statistics for GLOBECOMM SYSTEMS INC. GROUP BENEFITS PLAN

401k plan membership statisitcs for GLOBECOMM SYSTEMS INC. GROUP BENEFITS PLAN

Measure Date Value
2017: GLOBECOMM SYSTEMS INC. GROUP BENEFITS PLAN 2017 401k membership
Total participants, beginning-of-year2017-07-01290
Total number of active participants reported on line 7a of the Form 55002017-07-01173
Number of retired or separated participants receiving benefits2017-07-010
Number of other retired or separated participants entitled to future benefits2017-07-010
Total of all active and inactive participants2017-07-01173
Number of employers contributing to the scheme2017-07-010
2016: GLOBECOMM SYSTEMS INC. GROUP BENEFITS PLAN 2016 401k membership
Total participants, beginning-of-year2016-07-01100
Total number of active participants reported on line 7a of the Form 55002016-07-01290
Number of retired or separated participants receiving benefits2016-07-010
Number of other retired or separated participants entitled to future benefits2016-07-010
Total of all active and inactive participants2016-07-01290

Form 5500 Responses for GLOBECOMM SYSTEMS INC. GROUP BENEFITS PLAN

2017: GLOBECOMM SYSTEMS INC. GROUP BENEFITS PLAN 2017 form 5500 responses
2017-07-01Type of plan entitySingle employer plan
2017-07-01Plan funding arrangement – InsuranceYes
2017-07-01Plan benefit arrangement – InsuranceYes
2016: GLOBECOMM SYSTEMS INC. GROUP BENEFITS PLAN 2016 form 5500 responses
2016-07-01Type of plan entitySingle employer plan
2016-07-01First time form 5500 has been submittedYes
2016-07-01Submission has been amendedNo
2016-07-01This submission is the final filingNo
2016-07-01This return/report is a short plan year return/report (less than 12 months)No
2016-07-01Plan is a collectively bargained planNo
2016-07-01Plan funding arrangement – InsuranceYes
2016-07-01Plan benefit arrangement – InsuranceYes

Insurance Providers Used on plan

UNITEDHEALTHCARE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 79413 )
Policy contract number902745
Policy instance 1
Insurance contract or identification number902745
Number of Individuals Covered652
Insurance policy start date2017-07-01
Insurance policy end date2017-08-31
Total amount of commissions paid to insurance brokerUSD $20,353
Total amount of fees paid to insurance companyUSD $0
Health Insurance Welfare BenefitYes
Dental Insurance Welfare BenefitYes
Vision Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $575,622
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
FIRST RELIANCE STANDARD LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 71005 )
Policy contract numberGL143587
Policy instance 2
Insurance contract or identification numberGL143587
Number of Individuals Covered173
Insurance policy start date2017-07-01
Insurance policy end date2018-06-30
Total amount of commissions paid to insurance brokerUSD $48,157
Total amount of fees paid to insurance companyUSD $0
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitYes
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitYes
Unemployment Insurance Welfare BenefitNo
Other welfare benefits providedACCIDENTAL DEATH AND DISMEMBERMENT
Welfare Benefit Premiums Paid to CarrierUSD $377,289
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No

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