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BLASTRAC GLOBAL INC. 401k Plan overview

Plan NameBLASTRAC GLOBAL INC.
Plan identification number 501

BLASTRAC GLOBAL INC. Benefits

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

401k Sponsoring company profile

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

Company Name:BLASTRAC GLOBAL INC
Employer identification number (EIN):202355075
NAIC Classification:333900

Form 5500 Filing Information

Submission information for form 5500 for 401k plan BLASTRAC GLOBAL INC.

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
5012018-12-01BRIAN DOWNEY2020-06-29

Plan Statistics for BLASTRAC GLOBAL INC.

401k plan membership statisitcs for BLASTRAC GLOBAL INC.

Measure Date Value
2018: BLASTRAC GLOBAL INC. 2018 401k membership
Total participants, beginning-of-year2018-12-01143
Total number of active participants reported on line 7a of the Form 55002018-12-01143
Number of retired or separated participants receiving benefits2018-12-010
Number of other retired or separated participants entitled to future benefits2018-12-010
Total of all active and inactive participants2018-12-01143
Number of employers contributing to the scheme2018-12-010

Form 5500 Responses for BLASTRAC GLOBAL INC.

2018: BLASTRAC GLOBAL INC. 2018 form 5500 responses
2018-12-01Type of plan entitySingle employer plan
2018-12-01First time form 5500 has been submittedYes
2018-12-01Plan funding arrangement – InsuranceYes
2018-12-01Plan funding arrangement – General assets of the sponsorYes
2018-12-01Plan benefit arrangement – InsuranceYes
2018-12-01Plan benefit arrangement – General assets of the sponsorYes

Insurance Providers Used on plan

UNITEDHEALTHCARE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 79413 )
Policy contract number8U6374
Policy instance 1
Insurance contract or identification number8U6374
Number of Individuals Covered263
Insurance policy start date2018-12-01
Insurance policy end date2019-11-30
Total amount of commissions paid to insurance brokerUSD $41,186
Total amount of fees paid to insurance companyUSD $354
Health Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $1,399,260
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $36,053
Amount paid for insurance broker fees354
Additional information about fees paid to insurance brokerBONUS
Insurance broker organization code?3
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA (National Association of Insurance Commissioners NAIC id number: 64246 )
Policy contract number443647
Policy instance 2
Insurance contract or identification number443647
Number of Individuals Covered143
Insurance policy start date2018-12-01
Insurance policy end date2019-11-30
Total amount of commissions paid to insurance brokerUSD $20,913
Total amount of fees paid to insurance companyUSD $1,984
Dental Insurance Welfare BenefitYes
Vision Insurance Welfare BenefitYes
Life Insurance Welfare BenefitYes
Long Term Disability Insurance Welfare BenefitYes
Other welfare benefits providedACCIDENTAL DEATH AND DISMEMBERMENT
Welfare Benefit Premiums Paid to CarrierUSD $195,779
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $12,195
Amount paid for insurance broker fees1984
Additional information about fees paid to insurance brokerFEES
Insurance broker organization code?3

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