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FALVEY INSURACE GROUP MEDICAL PLAN 401k Plan overview

Plan NameFALVEY INSURACE GROUP MEDICAL PLAN
Plan identification number 502

FALVEY INSURACE GROUP MEDICAL PLAN Benefits

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

401k Sponsoring company profile

FALVEY INSURANCE GROUP LTD has sponsored the creation of one or more 401k plans.

Company Name:FALVEY INSURANCE GROUP LTD
Employer identification number (EIN):272098797
NAIC Classification:541990
NAIC Description:All Other Professional, Scientific, and Technical Services

Form 5500 Filing Information

Submission information for form 5500 for 401k plan FALVEY INSURACE GROUP MEDICAL PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
5022023-01-01ROXANNE NELSON2024-05-06

Plan Statistics for FALVEY INSURACE GROUP MEDICAL PLAN

401k plan membership statisitcs for FALVEY INSURACE GROUP MEDICAL PLAN

Measure Date Value
2023: FALVEY INSURACE GROUP MEDICAL PLAN 2023 401k membership
Total participants, beginning-of-year2023-01-01100
Total number of active participants reported on line 7a of the Form 55002023-01-01127
Number of retired or separated participants receiving benefits2023-01-010
Number of other retired or separated participants entitled to future benefits2023-01-010
Total of all active and inactive participants2023-01-01127
Number of employers contributing to the scheme2023-01-010

Form 5500 Responses for FALVEY INSURACE GROUP MEDICAL PLAN

2023: FALVEY INSURACE GROUP MEDICAL PLAN 2023 form 5500 responses
2023-01-01Type of plan entitySingle employer plan
2023-01-01First time form 5500 has been submittedYes
2023-01-01Plan funding arrangement – InsuranceYes
2023-01-01Plan benefit arrangement – InsuranceYes

Insurance Providers Used on plan

BLUE CROSS AND BLUE SHIELD OF RHODE ISLAND (National Association of Insurance Commissioners NAIC id number: 53473 )
Policy contract number1002892
Policy instance 1
Insurance contract or identification number1002892
Number of Individuals Covered236
Insurance policy start date2023-01-01
Insurance policy end date2023-12-31
Total amount of commissions paid to insurance brokerUSD $833
Total amount of fees paid to insurance companyUSD $32,384
Health Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $1,522,312
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No

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