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DEVTECH SYSTEMS WELFARE BENEFIT PLAN 401k Plan overview

Plan NameDEVTECH SYSTEMS WELFARE BENEFIT PLAN
Plan identification number 501

DEVTECH SYSTEMS WELFARE BENEFIT PLAN Benefits

401k Plan TypeWelfare Benefit
Plan Features/Benefits
  • Health (other than dental or vision)
  • Life insurance
  • Dental
  • Vision
  • Temporary disability (accident and sickness)
  • Long-term disability cover
  • Death benefits (include travel accident but not life insurance)

401k Sponsoring company profile

DEVTECH SYSTEMS, INC. has sponsored the creation of one or more 401k plans.

Company Name:DEVTECH SYSTEMS, INC.
Employer identification number (EIN):521359315
NAIC Classification:541519
NAIC Description:Other Computer Related Services

Additional information about DEVTECH SYSTEMS, INC.

Jurisdiction of Incorporation: State of Delaware Division of Corporations
Incorporation Date:
Company Identification Number: 2039602

More information about DEVTECH SYSTEMS, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan DEVTECH SYSTEMS WELFARE BENEFIT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
5012022-09-01HALEY JOHNSON2024-03-26

Plan Statistics for DEVTECH SYSTEMS WELFARE BENEFIT PLAN

401k plan membership statisitcs for DEVTECH SYSTEMS WELFARE BENEFIT PLAN

Measure Date Value
2022: DEVTECH SYSTEMS WELFARE BENEFIT PLAN 2022 401k membership
Total participants, beginning-of-year2022-09-01107
Total number of active participants reported on line 7a of the Form 55002022-09-01115
Number of retired or separated participants receiving benefits2022-09-011
Number of other retired or separated participants entitled to future benefits2022-09-013
Total of all active and inactive participants2022-09-01119
Number of employers contributing to the scheme2022-09-010

Form 5500 Responses for DEVTECH SYSTEMS WELFARE BENEFIT PLAN

2022: DEVTECH SYSTEMS WELFARE BENEFIT PLAN 2022 form 5500 responses
2022-09-01Type of plan entitySingle employer plan
2022-09-01First time form 5500 has been submittedYes
2022-09-01Plan funding arrangement – InsuranceYes
2022-09-01Plan benefit arrangement – InsuranceYes

Insurance Providers Used on plan

CAREFIRST BLUECHOICE (National Association of Insurance Commissioners NAIC id number: 96202 )
Policy contract numberXU08
Policy instance 1
Insurance contract or identification numberXU08
Number of Individuals Covered166
Insurance policy start date2022-09-01
Insurance policy end date2023-08-31
Total amount of commissions paid to insurance brokerUSD $3,740
Total amount of fees paid to insurance companyUSD $51,741
Health Insurance Welfare BenefitYes
Dental Insurance Welfare BenefitYes
Vision Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $840,884
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $1,867
Amount paid for insurance broker fees26781
Additional information about fees paid to insurance brokerPERSISTENCY BONUS, PRODUCER SERVICE FEE
Insurance broker organization code?3
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA (National Association of Insurance Commissioners NAIC id number: 64246 )
Policy contract number541981
Policy instance 2
Insurance contract or identification number541981
Number of Individuals Covered111
Insurance policy start date2022-09-01
Insurance policy end date2023-08-31
Total amount of commissions paid to insurance brokerUSD $11,504
Total amount of fees paid to insurance companyUSD $3,402
Life Insurance Welfare BenefitYes
Temporary Disability Insurance Welfare BenefitYes
Long Term Disability Insurance Welfare BenefitYes
Other welfare benefits providedACCIDENTAL DEATH AND DISMEMBERMENT, ACCIDENT
Welfare Benefit Premiums Paid to CarrierUSD $98,493
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $11,442
Amount paid for insurance broker fees3402
Additional information about fees paid to insurance brokerFEES
Insurance broker organization code?3

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