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SIOUX VALLEY SOUTHWESTERN ELECTRIC COOPERATIVE INC HEALTHCARE PLAN 401k Plan overview

Plan NameSIOUX VALLEY SOUTHWESTERN ELECTRIC COOPERATIVE INC HEALTHCARE PLAN
Plan identification number 503

SIOUX VALLEY SOUTHWESTERN ELECTRIC COOPERATIVE INC HEALTHCARE PLAN Benefits

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

401k Sponsoring company profile

SIOUX VALLEY SOUTHWESTERN ELECTRIC COOPERATIVE INC has sponsored the creation of one or more 401k plans.

Company Name:SIOUX VALLEY SOUTHWESTERN ELECTRIC COOPERATIVE INC
Employer identification number (EIN):460189704
NAIC Classification:221100

Additional information about SIOUX VALLEY SOUTHWESTERN ELECTRIC COOPERATIVE INC

Jurisdiction of Incorporation: South Dakota Secretary of State
Incorporation Date:
Company Identification Number: PU000512

More information about SIOUX VALLEY SOUTHWESTERN ELECTRIC COOPERATIVE INC

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SIOUX VALLEY SOUTHWESTERN ELECTRIC COOPERATIVE INC HEALTHCARE PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
5032014-01-01KIM HANSEN

Plan Statistics for SIOUX VALLEY SOUTHWESTERN ELECTRIC COOPERATIVE INC HEALTHCARE PLAN

401k plan membership statisitcs for SIOUX VALLEY SOUTHWESTERN ELECTRIC COOPERATIVE INC HEALTHCARE PLAN

Measure Date Value
2014: SIOUX VALLEY SOUTHWESTERN ELECTRIC COOPERATIVE INC HEALTHCARE PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-01101
Total number of active participants reported on line 7a of the Form 55002014-01-01100
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-010
Total of all active and inactive participants2014-01-01100

Form 5500 Responses for SIOUX VALLEY SOUTHWESTERN ELECTRIC COOPERATIVE INC HEALTHCARE PLAN

2014: SIOUX VALLEY SOUTHWESTERN ELECTRIC COOPERATIVE INC HEALTHCARE PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – InsuranceYes
2014-01-01Plan benefit arrangement – InsuranceYes

Insurance Providers Used on plan

WELLMARK BLUE CROSS AND BLUE SHIELD OF SOUTH DAKOTA (National Association of Insurance Commissioners NAIC id number: 60128 )
Policy contract number00055890
Policy instance 1
Insurance contract or identification number00055890
Number of Individuals Covered220
Insurance policy start date2014-01-01
Insurance policy end date2014-12-31
Total amount of commissions paid to insurance brokerUSD $18,188
Total amount of fees paid to insurance companyUSD $0
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
Welfare Benefit Premiums Paid to CarrierUSD $879,594
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $18,188
Insurance broker organization code?3
Insurance broker nameSILVERSTONE GROUP, INC

Potentially related plans

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