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NETZSCH GROUP BENEFIT PLAN 401k Plan overview

Plan NameNETZSCH GROUP BENEFIT PLAN
Plan identification number 501

NETZSCH GROUP BENEFIT PLAN 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

NETZSCH PUMPS NORTH AMERICA, LLC has sponsored the creation of one or more 401k plans.

Company Name:NETZSCH PUMPS NORTH AMERICA, LLC
Employer identification number (EIN):270308723
NAIC Classification:333900

Additional information about NETZSCH PUMPS NORTH AMERICA, LLC

Jurisdiction of Incorporation: State of Delaware Division of Corporations
Incorporation Date:
Company Identification Number: 4695361

More information about NETZSCH PUMPS NORTH AMERICA, LLC

Form 5500 Filing Information

Submission information for form 5500 for 401k plan NETZSCH GROUP BENEFIT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
5012022-12-01TOM MALONEY2024-06-04

Plan Statistics for NETZSCH GROUP BENEFIT PLAN

401k plan membership statisitcs for NETZSCH GROUP BENEFIT PLAN

Measure Date Value
2022: NETZSCH GROUP BENEFIT PLAN 2022 401k membership
Total participants, beginning-of-year2022-12-0195
Total number of active participants reported on line 7a of the Form 55002022-12-01102
Number of retired or separated participants receiving benefits2022-12-010
Number of other retired or separated participants entitled to future benefits2022-12-010
Total of all active and inactive participants2022-12-01102
Number of employers contributing to the scheme2022-12-010

Form 5500 Responses for NETZSCH GROUP BENEFIT PLAN

2022: NETZSCH GROUP BENEFIT PLAN 2022 form 5500 responses
2022-12-01Type of plan entitySingle employer plan
2022-12-01First time form 5500 has been submittedYes
2022-12-01Plan funding arrangement – InsuranceYes
2022-12-01Plan benefit arrangement – InsuranceYes

Insurance Providers Used on plan

INDEPENDENCE BLUE CROSS (National Association of Insurance Commissioners NAIC id number: 93688 )
Policy contract number833240
Policy instance 1
Insurance contract or identification number833240
Number of Individuals Covered225
Insurance policy start date2022-12-01
Insurance policy end date2023-11-30
Total amount of commissions paid to insurance brokerUSD $57,330
Total amount of fees paid to insurance companyUSD $1,558
Health 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 $57,330
Amount paid for insurance broker fees1558
Additional information about fees paid to insurance brokerOVERRIDE, NON-MONETARY COMPENSATION
Insurance broker organization code?3
PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number1102474
Policy instance 2
Insurance contract or identification number1102474
Number of Individuals Covered247
Insurance policy start date2022-12-01
Insurance policy end date2023-11-30
Total amount of commissions paid to insurance brokerUSD $24,875
Total amount of fees paid to insurance companyUSD $6,685
Dental Insurance Welfare BenefitYes
Vision Insurance Welfare BenefitYes
Life Insurance Welfare BenefitYes
Temporary Disability Insurance Welfare BenefitYes
Long Term Disability Insurance Welfare BenefitYes
Other welfare benefits providedACCIDENTAL DEATH AND DISMEMBERMENT, ACCIDENT, CRITICAL ILLNESS
Welfare Benefit Premiums Paid to CarrierUSD $230,407
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $17,372
Amount paid for insurance broker fees4411
Additional information about fees paid to insurance brokerBONUS
Insurance broker organization code?3

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