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SAGE SUSTAINABLE ELECTRONICS LLC STD BENEFIT PLAN 401k Plan overview

Plan NameSAGE SUSTAINABLE ELECTRONICS LLC STD BENEFIT PLAN
Plan identification number 502

SAGE SUSTAINABLE ELECTRONICS LLC STD BENEFIT PLAN Benefits

401k Plan TypeWelfare Benefit
Plan Features/Benefits
  • Temporary disability (accident and sickness)

401k Sponsoring company profile

SAGE SUSTAINABLE ELECTRONICS LLC has sponsored the creation of one or more 401k plans.

Company Name:SAGE SUSTAINABLE ELECTRONICS LLC
Employer identification number (EIN):465425790
NAIC Classification:334200

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SAGE SUSTAINABLE ELECTRONICS LLC STD BENEFIT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
5022020-04-01

Plan Statistics for SAGE SUSTAINABLE ELECTRONICS LLC STD BENEFIT PLAN

401k plan membership statisitcs for SAGE SUSTAINABLE ELECTRONICS LLC STD BENEFIT PLAN

Measure Date Value
2020: SAGE SUSTAINABLE ELECTRONICS LLC STD BENEFIT PLAN 2020 401k membership
Total participants, beginning-of-year2020-04-01148
Total number of active participants reported on line 7a of the Form 55002020-04-01136
Number of retired or separated participants receiving benefits2020-04-010
Number of other retired or separated participants entitled to future benefits2020-04-010
Total of all active and inactive participants2020-04-01136

Form 5500 Responses for SAGE SUSTAINABLE ELECTRONICS LLC STD BENEFIT PLAN

2020: SAGE SUSTAINABLE ELECTRONICS LLC STD BENEFIT PLAN 2020 form 5500 responses
2020-04-01Type of plan entitySingle employer plan
2020-04-01First time form 5500 has been submittedYes
2020-04-01Submission has been amendedNo
2020-04-01This submission is the final filingNo
2020-04-01This return/report is a short plan year return/report (less than 12 months)No
2020-04-01Plan is a collectively bargained planNo
2020-04-01Plan funding arrangement – InsuranceYes
2020-04-01Plan benefit arrangement – InsuranceYes

Insurance Providers Used on plan

THE LINCOLN NATIONAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65675 )
Policy contract number000010239233
Policy instance 1
Insurance contract or identification number000010239233
Number of Individuals Covered136
Insurance policy start date2020-04-01
Insurance policy end date2021-03-31
Total amount of commissions paid to insurance brokerUSD $1,892
Total amount of fees paid to insurance companyUSD $113
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 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 BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitYes
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 $18,106
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $1,320
Amount paid for insurance broker fees113
Additional information about fees paid to insurance brokerBROKER BONUS
Insurance broker organization code?3

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