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COMPASS COMPRESSSION SOLUTIONS HEALTH PLAN 401k Plan overview

Plan NameCOMPASS COMPRESSSION SOLUTIONS HEALTH PLAN
Plan identification number 501

COMPASS COMPRESSSION SOLUTIONS HEALTH PLAN Benefits

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

401k Sponsoring company profile

COMPASS COMPRESSION SOLUTIONS, INC. has sponsored the creation of one or more 401k plans.

Company Name:COMPASS COMPRESSION SOLUTIONS, INC.
Employer identification number (EIN):331223629
NAIC Classification:211120
NAIC Description:Crude Petroleum Extraction

Form 5500 Filing Information

Submission information for form 5500 for 401k plan COMPASS COMPRESSSION SOLUTIONS HEALTH PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
5012023-01-01MADELEIN DANIELS2024-05-07
5012022-11-01MADELEIN DANIELS2023-08-18
5012021-11-01MADELEIN DANIELS2023-08-08

Plan Statistics for COMPASS COMPRESSSION SOLUTIONS HEALTH PLAN

401k plan membership statisitcs for COMPASS COMPRESSSION SOLUTIONS HEALTH PLAN

Measure Date Value
2023: COMPASS COMPRESSSION SOLUTIONS HEALTH PLAN 2023 401k membership
Total participants, beginning-of-year2023-01-01182
Total number of active participants reported on line 7a of the Form 55002023-01-01238
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 participants2023-01-01238
Number of employers contributing to the scheme2023-01-010
2022: COMPASS COMPRESSSION SOLUTIONS HEALTH PLAN 2022 401k membership
Total participants, beginning-of-year2022-11-01173
Total number of active participants reported on line 7a of the Form 55002022-11-01181
Number of retired or separated participants receiving benefits2022-11-011
Number of other retired or separated participants entitled to future benefits2022-11-010
Total of all active and inactive participants2022-11-01182
Number of employers contributing to the scheme2022-11-010
2021: COMPASS COMPRESSSION SOLUTIONS HEALTH PLAN 2021 401k membership
Total participants, beginning-of-year2021-11-01117
Total number of active participants reported on line 7a of the Form 55002021-11-01172
Number of retired or separated participants receiving benefits2021-11-011
Number of other retired or separated participants entitled to future benefits2021-11-010
Total of all active and inactive participants2021-11-01173
Number of employers contributing to the scheme2021-11-010

Form 5500 Responses for COMPASS COMPRESSSION SOLUTIONS HEALTH PLAN

2023: COMPASS COMPRESSSION SOLUTIONS HEALTH PLAN 2023 form 5500 responses
2023-01-01Type of plan entitySingle employer plan
2023-01-01Plan funding arrangement – InsuranceYes
2023-01-01Plan benefit arrangement – InsuranceYes
2022: COMPASS COMPRESSSION SOLUTIONS HEALTH PLAN 2022 form 5500 responses
2022-11-01Type of plan entitySingle employer plan
2022-11-01This return/report is a short plan year return/report (less than 12 months)Yes
2022-11-01Plan funding arrangement – InsuranceYes
2022-11-01Plan benefit arrangement – InsuranceYes
2021: COMPASS COMPRESSSION SOLUTIONS HEALTH PLAN 2021 form 5500 responses
2021-11-01Type of plan entitySingle employer plan
2021-11-01First time form 5500 has been submittedYes
2021-11-01Plan funding arrangement – InsuranceYes
2021-11-01Plan benefit arrangement – InsuranceYes

Insurance Providers Used on plan

BLUECROSS BLUESHIELD OF TEXAS (National Association of Insurance Commissioners NAIC id number: 00000 )
Policy contract number305237
Policy instance 1
Insurance contract or identification number305237
Number of Individuals Covered559
Insurance policy start date2023-01-01
Insurance policy end date2023-12-31
Total amount of commissions paid to insurance brokerUSD $146,430
Total amount of fees paid to insurance companyUSD $0
Health Insurance Welfare BenefitYes
Dental Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $4,647,538
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
BLUECROSS BLUESHIELD OF TEXAS (National Association of Insurance Commissioners NAIC id number: 00000 )
Policy contract number305237
Policy instance 1
Insurance contract or identification number305237
Number of Individuals Covered470
Insurance policy start date2022-11-01
Insurance policy end date2022-12-31
Total amount of commissions paid to insurance brokerUSD $7,320
Total amount of fees paid to insurance companyUSD $1,107
Health Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $576,136
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?Yes
Commission paid to Insurance BrokerUSD $7,320
Amount paid for insurance broker fees1107
Additional information about fees paid to insurance brokerGENERAL AGENT, BONUS, TRIP, ETC.
Insurance broker organization code?3
BLUECROSS BLUESHIELD OF TEXAS (National Association of Insurance Commissioners NAIC id number: 00000 )
Policy contract number305237
Policy instance 1
Insurance contract or identification number305237
Number of Individuals Covered443
Insurance policy start date2021-11-01
Insurance policy end date2022-10-31
Total amount of commissions paid to insurance brokerUSD $32,540
Total amount of fees paid to insurance companyUSD $3,242
Health Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $2,702,486
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?Yes
Commission paid to Insurance BrokerUSD $32,540
Amount paid for insurance broker fees3242
Additional information about fees paid to insurance brokerSPECIAL PROGRAMS
Insurance broker organization code?3

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