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BAYOU MANAGEMENT GROUP LLC MEDICAL DENTAL AND VISION PLAN 401k Plan overview

Plan NameBAYOU MANAGEMENT GROUP LLC MEDICAL DENTAL AND VISION PLAN
Plan identification number 501

BAYOU MANAGEMENT GROUP LLC MEDICAL DENTAL AND VISION PLAN Benefits

401k Plan TypeWelfare Benefit
Plan Features/Benefits
  • Health (other than dental or vision)
  • Dental
  • Vision

401k Sponsoring company profile

BAYOU MANAGEMENT GROUP LLC. has sponsored the creation of one or more 401k plans.

Company Name:BAYOU MANAGEMENT GROUP LLC.
Employer identification number (EIN):261740902
NAIC Classification:621610
NAIC Description:Home Health Care Services

Form 5500 Filing Information

Submission information for form 5500 for 401k plan BAYOU MANAGEMENT GROUP LLC MEDICAL DENTAL AND VISION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
5012021-07-01LLOYD OLSEN JR.2022-11-02
5012020-07-01LLOYD OLSEN JR.2022-03-17

Plan Statistics for BAYOU MANAGEMENT GROUP LLC MEDICAL DENTAL AND VISION PLAN

401k plan membership statisitcs for BAYOU MANAGEMENT GROUP LLC MEDICAL DENTAL AND VISION PLAN

Measure Date Value
2021: BAYOU MANAGEMENT GROUP LLC MEDICAL DENTAL AND VISION PLAN 2021 401k membership
Total participants, beginning-of-year2021-07-01106
Total number of active participants reported on line 7a of the Form 55002021-07-010
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 participants2021-07-010
Number of employers contributing to the scheme2021-07-010
2020: BAYOU MANAGEMENT GROUP LLC MEDICAL DENTAL AND VISION PLAN 2020 401k membership
Total participants, beginning-of-year2020-07-01100
Total number of active participants reported on line 7a of the Form 55002020-07-01106
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 participants2020-07-01106
Number of employers contributing to the scheme2020-07-010

Form 5500 Responses for BAYOU MANAGEMENT GROUP LLC MEDICAL DENTAL AND VISION PLAN

2021: BAYOU MANAGEMENT GROUP LLC MEDICAL DENTAL AND VISION PLAN 2021 form 5500 responses
2021-07-01Type of plan entitySingle employer plan
2021-07-01This submission is the final filingYes
2021-07-01This return/report is a short plan year return/report (less than 12 months)Yes
2021-07-01Plan funding arrangement – InsuranceYes
2021-07-01Plan benefit arrangement – InsuranceYes
2020: BAYOU MANAGEMENT GROUP LLC MEDICAL DENTAL AND VISION PLAN 2020 form 5500 responses
2020-07-01Type of plan entitySingle employer plan
2020-07-01First time form 5500 has been submittedYes
2020-07-01Plan funding arrangement – InsuranceYes
2020-07-01Plan benefit arrangement – InsuranceYes

Insurance Providers Used on plan

UNITEDHEALTHCARE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 79413 )
Policy contract number924744
Policy instance 1
Insurance contract or identification number924744
Number of Individuals Covered364
Insurance policy start date2021-07-01
Insurance policy end date2022-05-31
Total amount of commissions paid to insurance brokerUSD $58,847
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 $1,651,645
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $38,004
Amount paid for insurance broker fees0
Insurance broker organization code?3
BLUE CROSS BLUE SHIELD OF LOUISIANA (National Association of Insurance Commissioners NAIC id number: 81200 )
Policy contract number78R66ERC
Policy instance 1
Insurance contract or identification number78R66ERC
Number of Individuals Covered174
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
Health Insurance Welfare BenefitYes
Dental Insurance Welfare BenefitYes
Vision Insurance Welfare BenefitYes
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Welfare Benefit Premiums Paid to CarrierUSD $1,142,558
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No

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