401k Plan data: FRANKLIN EQUIPMENT, LLC LINCOLN STD PLAN plan

FRANKLIN EQUIPMENT, LLC LINCOLN STD PLAN 401k Plan overview

Plan Name	FRANKLIN EQUIPMENT, LLC LINCOLN STD PLAN
Plan identification number	506

FRANKLIN EQUIPMENT, LLC LINCOLN STD PLAN Benefits

401k Plan Type	Welfare Benefit
Plan Features/Benefits	Temporary disability (accident and sickness)

401k Sponsoring company profile

FRANKLIN EQUIPMENT, LLC has sponsored the creation of one or more 401k plans.

Company Name: FRANKLIN EQUIPMENT, LLC

Employer identification number (EIN): 421751501

NAIC Classification: 532400
NAIC Description: Commercial and Industrial Machinery and Equipment Rental and Leasing

Additional information about FRANKLIN EQUIPMENT, LLC

Jurisdiction of Incorporation: Ohio Secretary of State Business Services Division

Incorporation Date: 2007-12-19

Company Identification Number: 1746719

Legal Registered Office Address: 1689 E FRONT ST
-
LOGAN
United States of America (USA)
43138

More information about FRANKLIN EQUIPMENT, LLC

Form 5500 Filing Information

Submission information for form 5500 for 401k plan FRANKLIN EQUIPMENT, LLC LINCOLN STD PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
506 2018-12-01
506 2017-12-01

Plan Statistics for FRANKLIN EQUIPMENT, LLC LINCOLN STD PLAN

401k plan membership statisitcs for FRANKLIN EQUIPMENT, LLC LINCOLN STD PLAN

Measure Date Value
2018: FRANKLIN EQUIPMENT, LLC LINCOLN STD PLAN 2018 401k membership
Total participants, beginning-of-year 2018-12-01 161
Total number of active participants reported on line 7a of the Form 5500 2018-12-01 0
Total of all active and inactive participants 2018-12-01 0
2017: FRANKLIN EQUIPMENT, LLC LINCOLN STD PLAN 2017 401k membership
Total participants, beginning-of-year 2017-12-01 103
Total number of active participants reported on line 7a of the Form 5500 2017-12-01 126
Total of all active and inactive participants 2017-12-01 126

Measure	Date	Value
2018: FRANKLIN EQUIPMENT, LLC LINCOLN STD PLAN 2018 401k membership
Total participants, beginning-of-year	2018-12-01	161
Total number of active participants reported on line 7a of the Form 5500	2018-12-01	0
Total of all active and inactive participants	2018-12-01	0
2017: FRANKLIN EQUIPMENT, LLC LINCOLN STD PLAN 2017 401k membership
Total participants, beginning-of-year	2017-12-01	103
Total number of active participants reported on line 7a of the Form 5500	2017-12-01	126
Total of all active and inactive participants	2017-12-01	126

Form 5500 Responses for FRANKLIN EQUIPMENT, LLC LINCOLN STD PLAN

2018: FRANKLIN EQUIPMENT, LLC LINCOLN STD PLAN 2018 form 5500 responses
2018-12-01	Type of plan entity	Single employer plan
2018-12-01	Submission has been amended	No
2018-12-01	This submission is the final filing	Yes
2018-12-01	This return/report is a short plan year return/report (less than 12 months)	No
2018-12-01	Plan is a collectively bargained plan	No
2018-12-01	Plan funding arrangement – Insurance	Yes
2018-12-01	Plan benefit arrangement – Insurance	Yes
2017: FRANKLIN EQUIPMENT, LLC LINCOLN STD PLAN 2017 form 5500 responses
2017-12-01	Type of plan entity	Single employer plan
2017-12-01	First time form 5500 has been submitted	Yes
2017-12-01	Submission has been amended	No
2017-12-01	This submission is the final filing	No
2017-12-01	This return/report is a short plan year return/report (less than 12 months)	No
2017-12-01	Plan is a collectively bargained plan	No
2017-12-01	Plan funding arrangement – Insurance	Yes
2017-12-01	Plan benefit arrangement – Insurance	Yes

Insurance Providers Used on plan

THE LINCOLN NATIONAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65676 )

Policy contract number

000010236840

Policy instance

Insurance contract or identification number	000010236840
Number of Individuals Covered	163
Insurance policy start date	2018-12-01
Insurance policy end date	2019-11-30
Total amount of commissions paid to insurance broker	USD $14,162
Total amount of fees paid to insurance company	USD $6,394
Are there contracts with allocated funds for individual policies?	0
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 plan	No
Contracts With Unallocated Funds Deposit Administration	0
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 Benefit	No
Dental Insurance Welfare Benefit	No
Vision Insurance Welfare Benefit	No
Life Insurance Welfare Benefit	No
Temporary Disability Insurance Welfare Benefit	Yes
Long Term Disability Insurance Welfare Benefit	No
Unemployment Insurance Welfare Benefit	No
Were dividends or retroactive rate refunds paid in cash?	No
Were dividends or retroactive rate refunds paid as a credit?	No
Welfare Benefit Premiums Paid to Carrier	USD $36,149
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Commission paid to Insurance Broker	USD $5,270
Amount paid for insurance broker fees	2772
Additional information about fees paid to insurance broker	OVERRIDES $2027 BROKER BONUS $745
Insurance broker organization code?	3

THE LINCOLN NATIONAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65676 )

Policy contract number

000010236840

Policy instance

Insurance contract or identification number	000010236840
Number of Individuals Covered	133
Insurance policy start date	2017-12-01
Insurance policy end date	2018-11-30
Total amount of commissions paid to insurance broker	USD $4,438
Total amount of fees paid to insurance company	USD $3,868
Are there contracts with allocated funds for individual policies?	0
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 plan	No
Contracts With Unallocated Funds Deposit Administration	0
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 Benefit	No
Dental Insurance Welfare Benefit	No
Vision Insurance Welfare Benefit	No
Life Insurance Welfare Benefit	No
Temporary Disability Insurance Welfare Benefit	Yes
Long Term Disability Insurance Welfare Benefit	No
Unemployment Insurance Welfare Benefit	No
Were dividends or retroactive rate refunds paid in cash?	No
Were dividends or retroactive rate refunds paid as a credit?	No
Welfare Benefit Premiums Paid to Carrier	USD $30,809
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Commission paid to Insurance Broker	USD $4,438
Insurance broker organization code?	3
Amount paid for insurance broker fees	1707
Additional information about fees paid to insurance broker	OVERRIDES

Potentially related plans

FRANKLIN EQUIPMENT, LLC PROFIT SHARING 401(K) PLAN [EIN = 860933835]

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Company Name:	FRANKLIN EQUIPMENT, LLC
Employer identification number (EIN):	421751501
NAIC Classification:	532400
NAIC Description:	Commercial and Industrial Machinery and Equipment Rental and Leasing

Jurisdiction of Incorporation:	Ohio Secretary of State Business Services Division
Incorporation Date:	2007-12-19
Company Identification Number:	1746719
Legal Registered Office Address:	1689 E FRONT ST - LOGAN United States of America (USA) 43138