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BERKSHIRE INDUSTRIES, INC. HEALTH & WELFARE PLAN 401k Plan overview

Plan NameBERKSHIRE INDUSTRIES, INC. HEALTH & WELFARE PLAN
Plan identification number 501

BERKSHIRE INDUSTRIES, INC. HEALTH & WELFARE PLAN Benefits

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

401k Sponsoring company profile

BERKSHIRE INDUSTRIES, INC. has sponsored the creation of one or more 401k plans.

Company Name:BERKSHIRE INDUSTRIES, INC.
Employer identification number (EIN):371786836
NAIC Classification:332700

Additional information about BERKSHIRE INDUSTRIES, INC.

Jurisdiction of Incorporation: Florida Department of State Division of Corporations
Incorporation Date: 2015-07-01
Company Identification Number: P15000055726
Legal Registered Office Address: 11380 PROSPERITY FARMS RD #221E

PALM BEACH GARDENS

33410

More information about BERKSHIRE INDUSTRIES, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan BERKSHIRE INDUSTRIES, INC. HEALTH & WELFARE PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
5012015-08-01SONJA HUTCHINS

Plan Statistics for BERKSHIRE INDUSTRIES, INC. HEALTH & WELFARE PLAN

401k plan membership statisitcs for BERKSHIRE INDUSTRIES, INC. HEALTH & WELFARE PLAN

Measure Date Value
2015: BERKSHIRE INDUSTRIES, INC. HEALTH & WELFARE PLAN 2015 401k membership
Total participants, beginning-of-year2015-08-01137
Total number of active participants reported on line 7a of the Form 55002015-08-01118
Number of retired or separated participants receiving benefits2015-08-011
Number of other retired or separated participants entitled to future benefits2015-08-0115
Total of all active and inactive participants2015-08-01134

Form 5500 Responses for BERKSHIRE INDUSTRIES, INC. HEALTH & WELFARE PLAN

2015: BERKSHIRE INDUSTRIES, INC. HEALTH & WELFARE PLAN 2015 form 5500 responses
2015-08-01Type of plan entitySingle employer plan
2015-08-01First time form 5500 has been submittedYes
2015-08-01Submission has been amendedNo
2015-08-01This submission is the final filingNo
2015-08-01This return/report is a short plan year return/report (less than 12 months)Yes
2015-08-01Plan is a collectively bargained planNo
2015-08-01Plan funding arrangement – InsuranceYes
2015-08-01Plan benefit arrangement – InsuranceYes

Insurance Providers Used on plan

BLUE CROSS BLUE SHIELD OF MASSACHUSETTS, INC. (National Association of Insurance Commissioners NAIC id number: 53228 )
Policy contract number4958163
Policy instance 1
Insurance contract or identification number4958163
Number of Individuals Covered111
Insurance policy start date2015-08-01
Insurance policy end date2015-12-31
Total amount of commissions paid to insurance brokerUSD $25,794
Total amount of fees paid to insurance companyUSD $13,420
Are there contracts with allocated funds for individual policies?No
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitYes
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $25,794
Amount paid for insurance broker fees13420
Additional information about fees paid to insurance brokerOTHER COMMISSION
Insurance broker organization code?3
Insurance broker nameWILLIS OF MASSACHUSETTS INC.

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