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SOUTHERN DEVELOPMENT & CONSTRUCTION WELFARE BENEFIT PLAN 401k Plan overview

Plan NameSOUTHERN DEVELOPMENT & CONSTRUCTION WELFARE BENEFIT PLAN
Plan identification number 502

SOUTHERN DEVELOPMENT & CONSTRUCTION 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)
  • Death benefits (include travel accident but not life insurance)
  • Unfunded, fully insured, or combination unfunded/insured welfare plan that will not file a Form 5500 for next plan year pursuant to 29 CFR 2520.104-20.

401k Sponsoring company profile

SOUTHERN DEVELOPMENT & CONSTRUCTION, INC. has sponsored the creation of one or more 401k plans.

Company Name:SOUTHERN DEVELOPMENT & CONSTRUCTION, INC.
Employer identification number (EIN):593249904
NAIC Classification:237310
NAIC Description:Highway, Street, and Bridge Construction

Additional information about SOUTHERN DEVELOPMENT & CONSTRUCTION, INC.

Jurisdiction of Incorporation: Florida Department of State Division of Corporations
Incorporation Date: 1994-06-17
Company Identification Number: P94000045482
Legal Registered Office Address: 662 LAKE MILLS RD

CHULUOTA

32766

More information about SOUTHERN DEVELOPMENT & CONSTRUCTION, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SOUTHERN DEVELOPMENT & CONSTRUCTION WELFARE BENEFIT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
5022018-08-01JENNIFER MONTGOMERY2020-02-14

Plan Statistics for SOUTHERN DEVELOPMENT & CONSTRUCTION WELFARE BENEFIT PLAN

401k plan membership statisitcs for SOUTHERN DEVELOPMENT & CONSTRUCTION WELFARE BENEFIT PLAN

Measure Date Value
2018: SOUTHERN DEVELOPMENT & CONSTRUCTION WELFARE BENEFIT PLAN 2018 401k membership
Total participants, beginning-of-year2018-08-01112
Total number of active participants reported on line 7a of the Form 55002018-08-0199
Number of retired or separated participants receiving benefits2018-08-010
Number of other retired or separated participants entitled to future benefits2018-08-010
Total of all active and inactive participants2018-08-0199
Number of employers contributing to the scheme2018-08-010

Form 5500 Responses for SOUTHERN DEVELOPMENT & CONSTRUCTION WELFARE BENEFIT PLAN

2018: SOUTHERN DEVELOPMENT & CONSTRUCTION WELFARE BENEFIT PLAN 2018 form 5500 responses
2018-08-01Type of plan entitySingle employer plan
2018-08-01First time form 5500 has been submittedYes
2018-08-01Plan funding arrangement – InsuranceYes
2018-08-01Plan benefit arrangement – InsuranceYes

Insurance Providers Used on plan

BLUE CROSS BLUE SHIELD OF FLORIDA (National Association of Insurance Commissioners NAIC id number: 98167 )
Policy contract numberD0695
Policy instance 1
Insurance contract or identification numberD0695
Number of Individuals Covered54
Insurance policy start date2018-08-01
Insurance policy end date2019-07-31
Total amount of commissions paid to insurance brokerUSD $19,821
Total amount of fees paid to insurance companyUSD $0
Health Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $0
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $19,821
Amount paid for insurance broker fees0
Insurance broker organization code?3
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA (National Association of Insurance Commissioners NAIC id number: 64246 )
Policy contract number552371
Policy instance 2
Insurance contract or identification number552371
Number of Individuals Covered109
Insurance policy start date2018-08-01
Insurance policy end date2019-07-31
Total amount of commissions paid to insurance brokerUSD $8,300
Total amount of fees paid to insurance companyUSD $3,017
Dental Insurance Welfare BenefitYes
Vision Insurance Welfare BenefitYes
Life Insurance Welfare BenefitYes
Other welfare benefits providedACCIDENTAL DEATH AND DISMEMBERMENT
Welfare Benefit Premiums Paid to CarrierUSD $90,443
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $8,300
Amount paid for insurance broker fees3017
Additional information about fees paid to insurance brokerFEES
Insurance broker organization code?3
COLONIAL LIFE & ACCIDENT INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 62049 )
Policy contract numberE5100383
Policy instance 3
Insurance contract or identification numberE5100383
Number of Individuals Covered88
Insurance policy start date2018-08-01
Insurance policy end date2019-07-31
Total amount of commissions paid to insurance brokerUSD $37,212
Total amount of fees paid to insurance companyUSD $15,513
Life Insurance Welfare BenefitYes
Temporary Disability Insurance Welfare BenefitYes
Other welfare benefits providedACCIDENT, CRITICAL ILLNESS, HOSPITAL, CANCER
Welfare Benefit Premiums Paid to CarrierUSD $82,163
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $14,705
Amount paid for insurance broker fees6082
Additional information about fees paid to insurance brokerFEES
Insurance broker organization code?3
BLUE CROSS BLUE SHIELD OF FLORIDA (National Association of Insurance Commissioners NAIC id number: 95089 )
Policy contract numberD0695
Policy instance 4
Insurance contract or identification numberD0695
Number of Individuals Covered45
Insurance policy start date2018-08-01
Insurance policy end date2019-07-31
Total amount of commissions paid to insurance brokerUSD $20,116
Total amount of fees paid to insurance companyUSD $0
Health Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $0
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $20,116
Amount paid for insurance broker fees0
Insurance broker organization code?3

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