METROPOWER, INC. EMPLOYEE TELEMEDICINE PLAN 401k Plan overview
| Plan Name | METROPOWER, INC. EMPLOYEE TELEMEDICINE PLAN |
| Plan identification number | 506 |
METROPOWER, INC. EMPLOYEE TELEMEDICINE PLAN Benefits
| 401k Plan Type | Welfare Benefit |
| Plan Features/Benefits | - Health (other than dental or vision)
|
401k Sponsoring company profile
METROPOWER, INC. has sponsored the creation of one or more 401k plans.
| Company Name: | METROPOWER, INC. |
| Employer identification number (EIN): | 581383296 |
| NAIC Classification: | 238210 |
| NAIC Description: | Electrical Contractors and Other Wiring Installation Contractors |
Additional information about METROPOWER, INC.
| Jurisdiction of Incorporation: | Texas Secretary of State |
| Incorporation Date: | 2014-02-13 |
| Company Identification Number: | 0801933078 |
| Legal Registered Office Address: |
800 21ST AVE
ALBANY
United States of America (USA)
31701
|
More information about METROPOWER, INC.
Form 5500 Filing Information
Submission information for form 5500 for 401k plan METROPOWER, INC. EMPLOYEE TELEMEDICINE PLAN
| Plan id# | Filing Submission Date | Name of Administrator | Date Administrator Signed | Name of Company Sponsor | Date Sponsor Signed |
|---|
| 506 | 2023-01-01 | EDWIN GARCIA | 2024-08-29 | | |
| 506 | 2022-01-01 | EDWIN GARCIA | 2023-08-16 | | |
Plan Statistics for METROPOWER, INC. EMPLOYEE TELEMEDICINE PLAN
401k plan membership statisitcs for METROPOWER, INC. EMPLOYEE TELEMEDICINE PLAN
| Measure | Date | Value |
|---|
| 2023: METROPOWER, INC. EMPLOYEE TELEMEDICINE PLAN 2023 401k membership |
|---|
| Total participants, beginning-of-year | 2023-01-01 | 498 |
| Total number of active participants reported on line 7a of the Form 5500 | 2023-01-01 | 222 |
| Number of retired or separated participants receiving benefits | 2023-01-01 | 0 |
| Number of other retired or separated participants entitled to future benefits | 2023-01-01 | 0 |
| Total of all active and inactive participants | 2023-01-01 | 222 |
| Number of employers contributing to the scheme | 2023-01-01 | 0 |
| 2022: METROPOWER, INC. EMPLOYEE TELEMEDICINE PLAN 2022 401k membership |
|---|
| Total participants, beginning-of-year | 2022-01-01 | 100 |
| Total number of active participants reported on line 7a of the Form 5500 | 2022-01-01 | 498 |
| Number of retired or separated participants receiving benefits | 2022-01-01 | 0 |
| Number of other retired or separated participants entitled to future benefits | 2022-01-01 | 0 |
| Total of all active and inactive participants | 2022-01-01 | 498 |
| Number of employers contributing to the scheme | 2022-01-01 | 0 |
Form 5500 Responses for METROPOWER, INC. EMPLOYEE TELEMEDICINE PLAN
| 2023: METROPOWER, INC. EMPLOYEE TELEMEDICINE PLAN 2023 form 5500 responses |
|---|
| 2023-01-01 | Type of plan entity | Single employer plan |
| 2023-01-01 | Plan funding arrangement – Insurance | Yes |
| 2023-01-01 | Plan benefit arrangement – Insurance | Yes |
| 2022: METROPOWER, INC. EMPLOYEE TELEMEDICINE PLAN 2022 form 5500 responses |
|---|
| 2022-01-01 | Type of plan entity | Single employer plan |
| 2022-01-01 | First time form 5500 has been submitted | Yes |
| 2022-01-01 | Plan funding arrangement – Insurance | Yes |
| 2022-01-01 | Plan benefit arrangement – Insurance | Yes |
Insurance Providers Used on plan
| UNITED HEALTHCARE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 00000 ) |
| Policy contract number | MYIDR668 |
| Policy instance | 1 |
| Insurance contract or identification number | MYIDR668 | | Number of Individuals Covered | 523 | | Insurance policy start date | 2023-01-01 | | Insurance policy end date | 2023-12-31 | | Total amount of commissions paid to insurance broker | USD $12,390 | | Total amount of fees paid to insurance company | USD $0 | | Other welfare benefits provided | TELEHEALTH | | Welfare Benefit Premiums Paid to Carrier | USD $27,878 | | Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500? | Yes |
|
| UNITED HEALTHCARE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 00000 ) |
| Policy contract number | MYIDR668 |
| Policy instance | 1 |
| Insurance contract or identification number | MYIDR668 | | Number of Individuals Covered | 498 | | Insurance policy start date | 2022-01-01 | | Insurance policy end date | 2022-12-31 | | Total amount of commissions paid to insurance broker | USD $11,876 | | Total amount of fees paid to insurance company | USD $0 | | Other welfare benefits provided | TELEHEALTH | | Welfare Benefit Premiums Paid to Carrier | USD $26,721 | | Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500? | Yes | | Commission paid to Insurance Broker | USD $11,876 | | Amount paid for insurance broker fees | 0 | | Insurance broker organization code? | 3 |
|
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