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SMC BUSINESS COUNCILS VISION INSURANCE PLAN 401k Plan overview

Plan NameSMC BUSINESS COUNCILS VISION INSURANCE PLAN
Plan identification number 506

SMC BUSINESS COUNCILS VISION INSURANCE PLAN Benefits

401k Plan TypeWelfare Benefit
Plan Features/Benefits
  • Vision

401k Sponsoring company profile

MANUFACTURER & BUSINESS ASSOCIATION has sponsored the creation of one or more 401k plans.

Company Name:MANUFACTURER & BUSINESS ASSOCIATION
Employer identification number (EIN):250637030
NAIC Classification:813000
NAIC Description: Religious, Grantmaking, Civic, Professional, and Similar Organizations

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SMC BUSINESS COUNCILS VISION INSURANCE PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
5062022-07-01SHARON L. VENTRICE2023-12-08
5062021-07-01SHARON L. VENTRICE2023-01-23
5062020-07-01SHARON L. VENTRICE2021-12-20
5062019-07-01SHARON L. VENTRICE2021-01-25

Plan Statistics for SMC BUSINESS COUNCILS VISION INSURANCE PLAN

401k plan membership statisitcs for SMC BUSINESS COUNCILS VISION INSURANCE PLAN

Measure Date Value
2022: SMC BUSINESS COUNCILS VISION INSURANCE PLAN 2022 401k membership
Total participants, beginning-of-year2022-07-01434
Total number of active participants reported on line 7a of the Form 55002022-07-01415
Number of retired or separated participants receiving benefits2022-07-010
Number of other retired or separated participants entitled to future benefits2022-07-010
Total of all active and inactive participants2022-07-01415
2021: SMC BUSINESS COUNCILS VISION INSURANCE PLAN 2021 401k membership
Total participants, beginning-of-year2021-07-01449
Total number of active participants reported on line 7a of the Form 55002021-07-01434
Number of retired or separated participants receiving benefits2021-07-010
Number of other retired or separated participants entitled to future benefits2021-07-010
Total of all active and inactive participants2021-07-01434
2020: SMC BUSINESS COUNCILS VISION INSURANCE PLAN 2020 401k membership
Total participants, beginning-of-year2020-07-01554
Total number of active participants reported on line 7a of the Form 55002020-07-01449
Number of retired or separated participants receiving benefits2020-07-010
Number of other retired or separated participants entitled to future benefits2020-07-010
Total of all active and inactive participants2020-07-01449
2019: SMC BUSINESS COUNCILS VISION INSURANCE PLAN 2019 401k membership
Total participants, beginning-of-year2019-07-01545
Total number of active participants reported on line 7a of the Form 55002019-07-01554
Number of retired or separated participants receiving benefits2019-07-010
Number of other retired or separated participants entitled to future benefits2019-07-010
Total of all active and inactive participants2019-07-01554

Form 5500 Responses for SMC BUSINESS COUNCILS VISION INSURANCE PLAN

2022: SMC BUSINESS COUNCILS VISION INSURANCE PLAN 2022 form 5500 responses
2022-07-01Type of plan entityMulitple employer plan
2022-07-01Plan funding arrangement – InsuranceYes
2022-07-01Plan funding arrangement – General assets of the sponsorYes
2022-07-01Plan benefit arrangement – InsuranceYes
2021: SMC BUSINESS COUNCILS VISION INSURANCE PLAN 2021 form 5500 responses
2021-07-01Type of plan entityMulitple employer plan
2021-07-01Plan funding arrangement – InsuranceYes
2021-07-01Plan funding arrangement – General assets of the sponsorYes
2021-07-01Plan benefit arrangement – InsuranceYes
2020: SMC BUSINESS COUNCILS VISION INSURANCE PLAN 2020 form 5500 responses
2020-07-01Type of plan entityMulitple employer plan
2020-07-01Submission has been amendedYes
2020-07-01Plan funding arrangement – InsuranceYes
2020-07-01Plan funding arrangement – General assets of the sponsorYes
2020-07-01Plan benefit arrangement – InsuranceYes
2019: SMC BUSINESS COUNCILS VISION INSURANCE PLAN 2019 form 5500 responses
2019-07-01Type of plan entityMulitple employer plan
2019-07-01Plan funding arrangement – InsuranceYes
2019-07-01Plan funding arrangement – General assets of the sponsorYes
2019-07-01Plan benefit arrangement – InsuranceYes

Insurance Providers Used on plan

HM LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 93440 )
Policy contract number500529-C
Policy instance 1
Insurance contract or identification number500529-C
Number of Individuals Covered703
Insurance policy start date2022-07-01
Insurance policy end date2023-06-30
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Vision Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $36,654
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
HM LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 93440 )
Policy contract number500529-C
Policy instance 1
Insurance contract or identification number500529-C
Number of Individuals Covered730
Insurance policy start date2021-07-01
Insurance policy end date2022-06-30
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Vision Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $37,062
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
VISION BENEFITS OF AMERICA (National Association of Insurance Commissioners NAIC id number: 53953 )
Policy contract number510
Policy instance 1
Insurance contract or identification number510
Insurance policy start date2020-07-01
Insurance policy end date2021-06-30
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Vision Insurance Welfare BenefitYes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Insurance broker organization code?3
HM LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 93440 )
Policy contract number500529-C
Policy instance 2
Insurance contract or identification number500529-C
Insurance policy start date2020-07-01
Insurance policy end date2021-06-30
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Vision Insurance Welfare BenefitYes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
VISION BENEFITS OF AMERICA (National Association of Insurance Commissioners NAIC id number: 53953 )
Policy contract number510
Policy instance 1
Insurance contract or identification number510
Number of Individuals Covered110
Insurance policy start date2019-07-01
Insurance policy end date2020-06-30
Total amount of commissions paid to insurance brokerUSD $466
Total amount of fees paid to insurance companyUSD $0
Vision Insurance Welfare BenefitYes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $466
Insurance broker organization code?3
HM LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 93440 )
Policy contract number500529-C
Policy instance 2
Insurance contract or identification number500529-C
Number of Individuals Covered750
Insurance policy start date2019-07-01
Insurance policy end date2020-06-30
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Vision Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $36,963
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No

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