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FLEXWARE INNOVATIONS INC 401k Plan overview

Plan NameFLEXWARE INNOVATIONS INC
Plan identification number 501

FLEXWARE INNOVATIONS INC Benefits

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

401k Sponsoring company profile

FLEXWARE INNOVATION, INC. has sponsored the creation of one or more 401k plans.

Company Name:FLEXWARE INNOVATION, INC.
Employer identification number (EIN):351989757
NAIC Classification:541512
NAIC Description:Computer Systems Design Services

Form 5500 Filing Information

Submission information for form 5500 for 401k plan FLEXWARE INNOVATIONS INC

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
5012023-01-01MATT HEIDEN2024-06-13
5012022-01-01MATT HEIDEN2023-10-10

Plan Statistics for FLEXWARE INNOVATIONS INC

401k plan membership statisitcs for FLEXWARE INNOVATIONS INC

Measure Date Value
2023: FLEXWARE INNOVATIONS INC 2023 401k membership
Total participants, beginning-of-year2023-01-01149
Total number of active participants reported on line 7a of the Form 55002023-01-01145
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 participants2023-01-01145
Number of employers contributing to the scheme2023-01-010
2022: FLEXWARE INNOVATIONS INC 2022 401k membership
Total participants, beginning-of-year2022-01-01107
Total number of active participants reported on line 7a of the Form 55002022-01-01149
Number of retired or separated participants receiving benefits2022-01-010
Number of other retired or separated participants entitled to future benefits2022-01-010
Total of all active and inactive participants2022-01-01149
Number of employers contributing to the scheme2022-01-010

Form 5500 Responses for FLEXWARE INNOVATIONS INC

2023: FLEXWARE INNOVATIONS INC 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: FLEXWARE INNOVATIONS INC 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01First time form 5500 has been submittedYes
2022-01-01Plan funding arrangement – InsuranceYes
2022-01-01Plan benefit arrangement – InsuranceYes

Insurance Providers Used on plan

ANTHEM INSURANCE COMPANIES, INC (National Association of Insurance Commissioners NAIC id number: 28207 )
Policy contract numberL04903
Policy instance 1
Insurance contract or identification numberL04903
Number of Individuals Covered398
Insurance policy start date2023-01-01
Insurance policy end date2023-12-31
Total amount of commissions paid to insurance brokerUSD $47,130
Total amount of fees paid to insurance companyUSD $0
Health Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $1,694,701
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
UNITED HEALTHCARE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 00000 )
Policy contract numberL04903
Policy instance 1
Insurance contract or identification numberL04903
Number of Individuals Covered346
Insurance policy start date2022-01-01
Insurance policy end date2022-12-31
Total amount of commissions paid to insurance brokerUSD $36,060
Total amount of fees paid to insurance companyUSD $0
Health Insurance Welfare BenefitYes
Vision Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $1,212,160
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?Yes
Commission paid to Insurance BrokerUSD $36,060
Amount paid for insurance broker fees0
Insurance broker organization code?3

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