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PEOPLE INC. LONG TERM DISABILITY PLAN 401k Plan overview

Plan NamePEOPLE INC. LONG TERM DISABILITY PLAN
Plan identification number 501

PEOPLE INC. LONG TERM DISABILITY PLAN Benefits

401k Plan TypeWelfare Benefit
Plan Features/Benefits
  • Long-term disability cover

401k Sponsoring company profile

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

Company Name:PEOPLE INC.
Employer identification number (EIN):160975538
NAIC Classification:624310
NAIC Description:Vocational Rehabilitation Services

Additional information about PEOPLE INC.

Jurisdiction of Incorporation: New York Department of State
Incorporation Date: 1970-08-14
Company Identification Number: 294412
Legal Registered Office Address: 1219 NORTH FOREST ROAD
Erie
WILLIAMSVILLE
United States of America (USA)
14221

More information about PEOPLE INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PEOPLE INC. LONG TERM DISABILITY PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
5012022-01-01NANCY A. PALUMBO2023-07-19
5012021-01-01NANCY A. PALUMBO2022-07-19
5012020-01-01NANCY A. PALUMBO2021-07-15
5012019-01-01NANCY A. PALUMBO2020-07-20
5012018-01-01
5012017-01-01
5012016-01-01
5012015-01-01
5012014-01-01
5012013-01-01
5012012-01-01NANCY A. PALUMBO
5012011-01-01NANCY A. PALUMBO
5012009-01-01NANCY A. PALUMBO

Plan Statistics for PEOPLE INC. LONG TERM DISABILITY PLAN

401k plan membership statisitcs for PEOPLE INC. LONG TERM DISABILITY PLAN

Measure Date Value
2022: PEOPLE INC. LONG TERM DISABILITY PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-011,862
Total number of active participants reported on line 7a of the Form 55002022-01-012,090
Number of retired or separated participants receiving benefits2022-01-0119
Total of all active and inactive participants2022-01-012,109
2021: PEOPLE INC. LONG TERM DISABILITY PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-011,937
Total number of active participants reported on line 7a of the Form 55002021-01-011,839
Number of retired or separated participants receiving benefits2021-01-0123
Total of all active and inactive participants2021-01-011,862
2020: PEOPLE INC. LONG TERM DISABILITY PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-012,114
Total number of active participants reported on line 7a of the Form 55002020-01-011,914
Number of retired or separated participants receiving benefits2020-01-0123
Total of all active and inactive participants2020-01-011,937
2019: PEOPLE INC. LONG TERM DISABILITY PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-012,106
Total number of active participants reported on line 7a of the Form 55002019-01-012,088
Number of retired or separated participants receiving benefits2019-01-0126
Total of all active and inactive participants2019-01-012,114
2018: PEOPLE INC. LONG TERM DISABILITY PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-012,023
Total number of active participants reported on line 7a of the Form 55002018-01-012,085
Number of retired or separated participants receiving benefits2018-01-0121
Total of all active and inactive participants2018-01-012,106
2017: PEOPLE INC. LONG TERM DISABILITY PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-011,985
Total number of active participants reported on line 7a of the Form 55002017-01-012,005
Number of retired or separated participants receiving benefits2017-01-0118
Total of all active and inactive participants2017-01-012,023
2016: PEOPLE INC. LONG TERM DISABILITY PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-011,857
Total number of active participants reported on line 7a of the Form 55002016-01-011,971
Number of retired or separated participants receiving benefits2016-01-0114
Total of all active and inactive participants2016-01-011,985
2015: PEOPLE INC. LONG TERM DISABILITY PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-011,746
Total number of active participants reported on line 7a of the Form 55002015-01-011,857
Number of retired or separated participants receiving benefits2015-01-0117
Total of all active and inactive participants2015-01-011,874
2014: PEOPLE INC. LONG TERM DISABILITY PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-011,688
Total number of active participants reported on line 7a of the Form 55002014-01-011,730
Number of retired or separated participants receiving benefits2014-01-0116
Total of all active and inactive participants2014-01-011,746
2013: PEOPLE INC. LONG TERM DISABILITY PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-011,624
Total number of active participants reported on line 7a of the Form 55002013-01-011,671
Number of retired or separated participants receiving benefits2013-01-0117
Total of all active and inactive participants2013-01-011,688
2012: PEOPLE INC. LONG TERM DISABILITY PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-011,702
Total number of active participants reported on line 7a of the Form 55002012-01-011,613
Number of retired or separated participants receiving benefits2012-01-0111
Total of all active and inactive participants2012-01-011,624
2011: PEOPLE INC. LONG TERM DISABILITY PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-011,699
Total number of active participants reported on line 7a of the Form 55002011-01-011,695
Number of retired or separated participants receiving benefits2011-01-017
Total of all active and inactive participants2011-01-011,702
2009: PEOPLE INC. LONG TERM DISABILITY PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-011,565
Total number of active participants reported on line 7a of the Form 55002009-01-011,665
Number of retired or separated participants receiving benefits2009-01-018
Total of all active and inactive participants2009-01-011,673

Form 5500 Responses for PEOPLE INC. LONG TERM DISABILITY PLAN

2022: PEOPLE INC. LONG TERM DISABILITY PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Plan funding arrangement – InsuranceYes
2022-01-01Plan benefit arrangement – InsuranceYes
2021: PEOPLE INC. LONG TERM DISABILITY PLAN 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: PEOPLE INC. LONG TERM DISABILITY PLAN 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: PEOPLE INC. LONG TERM DISABILITY PLAN 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: PEOPLE INC. LONG TERM DISABILITY PLAN 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: PEOPLE INC. LONG TERM DISABILITY PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Plan funding arrangement – InsuranceYes
2017-01-01Plan benefit arrangement – InsuranceYes
2016: PEOPLE INC. LONG TERM DISABILITY PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Plan funding arrangement – InsuranceYes
2016-01-01Plan benefit arrangement – InsuranceYes
2015: PEOPLE INC. LONG TERM DISABILITY PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Plan funding arrangement – InsuranceYes
2015-01-01Plan benefit arrangement – InsuranceYes
2014: PEOPLE INC. LONG TERM DISABILITY PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Plan funding arrangement – InsuranceYes
2014-01-01Plan benefit arrangement – InsuranceYes
2013: PEOPLE INC. LONG TERM DISABILITY PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Plan funding arrangement – InsuranceYes
2013-01-01Plan benefit arrangement – InsuranceYes
2012: PEOPLE INC. LONG TERM DISABILITY PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Plan funding arrangement – InsuranceYes
2012-01-01Plan benefit arrangement – InsuranceYes
2011: PEOPLE INC. LONG TERM DISABILITY PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Plan funding arrangement – InsuranceYes
2011-01-01Plan benefit arrangement – InsuranceYes
2009: PEOPLE INC. LONG TERM DISABILITY PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01This submission is the final filingNo
2009-01-01Plan funding arrangement – InsuranceYes
2009-01-01Plan benefit arrangement – InsuranceYes

Insurance Providers Used on plan

CIGNA GROUP INSURANCE (National Association of Insurance Commissioners NAIC id number: 64548 )
Policy contract numberNYK960127
Policy instance 1
Insurance contract or identification numberNYK960127
Number of Individuals Covered2109
Insurance policy start date2021-07-01
Insurance policy end date2022-06-30
Total amount of commissions paid to insurance brokerUSD $12,051
Total amount of fees paid to insurance companyUSD $0
Long Term Disability Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $241,029
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $12,051
Insurance broker organization code?3
CIGNA GROUP INSURANCE (National Association of Insurance Commissioners NAIC id number: 64548 )
Policy contract numberNYK960127
Policy instance 2
Insurance contract or identification numberNYK960127
Number of Individuals Covered1862
Insurance policy start date2020-07-01
Insurance policy end date2021-06-30
Total amount of commissions paid to insurance brokerUSD $11,318
Total amount of fees paid to insurance companyUSD $0
Long Term Disability Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $226,365
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $11,318
Insurance broker organization code?3
CIGNA GROUP INSURANCE (National Association of Insurance Commissioners NAIC id number: 64548 )
Policy contract numberNYK960127
Policy instance 1
Insurance contract or identification numberNYK960127
Number of Individuals Covered1862
Insurance policy start date2020-07-01
Insurance policy end date2021-07-01
Total amount of commissions paid to insurance brokerUSD $1,887
Total amount of fees paid to insurance companyUSD $0
Long Term Disability Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $37,744
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $1,887
Insurance broker organization code?3
CIGNA GROUP INSURANCE (National Association of Insurance Commissioners NAIC id number: 64548 )
Policy contract numberNYK960127
Policy instance 1
Insurance contract or identification numberNYK960127
Number of Individuals Covered1937
Insurance policy start date2019-07-01
Insurance policy end date2020-07-01
Total amount of commissions paid to insurance brokerUSD $9,429
Total amount of fees paid to insurance companyUSD $0
Long Term Disability Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $188,584
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $9,429
Insurance broker organization code?3
CIGNA GROUP INSURANCE (National Association of Insurance Commissioners NAIC id number: 64548 )
Policy contract numberNYK960127
Policy instance 1
Insurance contract or identification numberNYK960127
Number of Individuals Covered2114
Insurance policy start date2018-07-01
Insurance policy end date2019-07-01
Total amount of commissions paid to insurance brokerUSD $11,293
Total amount of fees paid to insurance companyUSD $0
Long Term Disability Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $225,851
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $11,293
Insurance broker organization code?3
CIGNA GROUP INSURANCE (National Association of Insurance Commissioners NAIC id number: 64548 )
Policy contract numberNYK960127
Policy instance 1
Insurance contract or identification numberNYK960127
Number of Individuals Covered2106
Insurance policy start date2017-07-01
Insurance policy end date2018-07-01
Total amount of commissions paid to insurance brokerUSD $11,065
Total amount of fees paid to insurance companyUSD $0
Long Term Disability Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $221,298
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $11,065
Insurance broker organization code?3
CIGNA GROUP INSURANCE (National Association of Insurance Commissioners NAIC id number: 64548 )
Policy contract numberNYK960127
Policy instance 1
Insurance contract or identification numberNYK960127
Number of Individuals Covered2023
Insurance policy start date2016-07-01
Insurance policy end date2017-07-01
Total amount of commissions paid to insurance brokerUSD $10,435
Total amount of fees paid to insurance companyUSD $0
Long Term Disability Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $208,693
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $10,435
Insurance broker organization code?3
Insurance broker nameBOND FINANCIAL NETWORK, INC.
CIGNA GROUP INSURANCE (National Association of Insurance Commissioners NAIC id number: 64548 )
Policy contract numberNYK960127
Policy instance 1
Insurance contract or identification numberNYK960127
Number of Individuals Covered1874
Insurance policy start date2014-07-01
Insurance policy end date2015-07-01
Total amount of commissions paid to insurance brokerUSD $10,767
Total amount of fees paid to insurance companyUSD $0
Long Term Disability Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $215,341
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $10,767
Insurance broker organization code?3
Insurance broker nameBOND FINANCIAL NETWORK, INC.
CIGNA GROUP INSURANCE (National Association of Insurance Commissioners NAIC id number: 64548 )
Policy contract numberNYK960127
Policy instance 1
Insurance contract or identification numberNYK960127
Number of Individuals Covered1746
Insurance policy start date2013-07-01
Insurance policy end date2014-07-01
Total amount of commissions paid to insurance brokerUSD $10,141
Total amount of fees paid to insurance companyUSD $0
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Long Term Disability Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $202,822
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $10,141
Insurance broker organization code?3
Insurance broker nameBOND FINANCIAL NETWORK, INC.
CIGNA GROUP INSURANCE (National Association of Insurance Commissioners NAIC id number: 64548 )
Policy contract numberNYK960127
Policy instance 1
Insurance contract or identification numberNYK960127
Number of Individuals Covered1688
Insurance policy start date2012-07-01
Insurance policy end date2013-07-01
Total amount of commissions paid to insurance brokerUSD $10,722
Total amount of fees paid to insurance companyUSD $0
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Long Term Disability Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $214,432
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $10,722
Insurance broker organization code?3
Insurance broker nameBOND FINANCIAL NETWORK, INC.
CIGNA GROUP INSURANCE (National Association of Insurance Commissioners NAIC id number: 64548 )
Policy contract numberNYK960127
Policy instance 1
Insurance contract or identification numberNYK960127
Number of Individuals Covered1624
Insurance policy start date2011-07-01
Insurance policy end date2012-07-01
Total amount of commissions paid to insurance brokerUSD $10,517
Total amount of fees paid to insurance companyUSD $0
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Long Term Disability Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $210,334
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $10,517
Insurance broker organization code?3
Insurance broker nameBOND FINANCIAL NETWORK, INC.
CIGNA GROUP INSURANCE (National Association of Insurance Commissioners NAIC id number: 64548 )
Policy contract numberNYK960127
Policy instance 1
Insurance contract or identification numberNYK960127
Number of Individuals Covered1702
Insurance policy start date2010-07-01
Insurance policy end date2011-07-01
Total amount of commissions paid to insurance brokerUSD $10,297
Total amount of fees paid to insurance companyUSD $0
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Long Term Disability Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $205,932
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
CIGNA GROUP INSURANCE (National Association of Insurance Commissioners NAIC id number: 64548 )
Policy contract numberNYK960127
Policy instance 1
Insurance contract or identification numberNYK960127
Number of Individuals Covered1699
Insurance policy start date2009-07-01
Insurance policy end date2010-07-01
Total amount of commissions paid to insurance brokerUSD $10,006
Total amount of fees paid to insurance companyUSD $261
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Long Term Disability Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $200,128
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $10,006
Amount paid for insurance broker fees261
Additional information about fees paid to insurance brokerAGENT OR BROKER OF RECORD
Insurance broker organization code?3
Insurance broker nameBOND FINANCIAL NETWORK, INC.

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