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BIDNIS, INC. WELFARE BENEFIT PLAN 401k Plan overview

Plan NameBIDNIS, INC. WELFARE BENEFIT PLAN
Plan identification number 501

BIDNIS, INC. WELFARE BENEFIT PLAN Benefits

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

401k Sponsoring company profile

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

Company Name:BIDNIS, INC.
Employer identification number (EIN):593402067
NAIC Classification:711510
NAIC Description:Independent Artists, Writers, and Performers

Additional information about BIDNIS, INC.

Jurisdiction of Incorporation: Florida Department of State Division of Corporations
Incorporation Date: 1996-09-19
Company Identification Number: P96000077915
Legal Registered Office Address: 801 US HIGHWAY 1

North Palm Beach

33408

More information about BIDNIS, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan BIDNIS, INC. WELFARE BENEFIT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
5012015-01-01ROBERT THOMAS
5012014-01-01ROBERT THOMAS
5012013-01-01ROBERT THOMAS
5012012-01-01RICHARD GOLDSTEIN

Plan Statistics for BIDNIS, INC. WELFARE BENEFIT PLAN

401k plan membership statisitcs for BIDNIS, INC. WELFARE BENEFIT PLAN

Measure Date Value
2015: BIDNIS, INC. WELFARE BENEFIT PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-012
Total number of active participants reported on line 7a of the Form 55002015-01-012
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-010
Total of all active and inactive participants2015-01-012
2014: BIDNIS, INC. WELFARE BENEFIT PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-012
Total number of active participants reported on line 7a of the Form 55002014-01-012
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 participants2014-01-012
2013: BIDNIS, INC. WELFARE BENEFIT PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-012
Total number of active participants reported on line 7a of the Form 55002013-01-012
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-010
Total of all active and inactive participants2013-01-012
2012: BIDNIS, INC. WELFARE BENEFIT PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-012
Total number of active participants reported on line 7a of the Form 55002012-01-012
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-010
Total of all active and inactive participants2012-01-012

Financial Data on BIDNIS, INC. WELFARE BENEFIT PLAN

Measure Date Value
2015 : BIDNIS, INC. WELFARE BENEFIT PLAN 2015 401k financial data
Total income from all sources2015-12-31$0
Expenses. Total of all expenses incurred2015-12-31$0
Total plan assets at end of year2015-12-31$0
Total plan assets at beginning of year2015-12-31$0
Net income (gross income less expenses)2015-12-31$0
Net plan assets at end of year (total assets less liabilities)2015-12-31$0
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$0
2014 : BIDNIS, INC. WELFARE BENEFIT PLAN 2014 401k financial data
Total income from all sources2014-12-31$2,379,521
Expenses. Total of all expenses incurred2014-12-31$2,379,521
Benefits paid (including direct rollovers)2014-12-31$2,379,521
Total plan assets at end of year2014-12-31$0
Total plan assets at beginning of year2014-12-31$0
Contributions received from other sources (not participants or employers)2014-12-31$2,379,521
Net income (gross income less expenses)2014-12-31$0
Net plan assets at end of year (total assets less liabilities)2014-12-31$0
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$0
2013 : BIDNIS, INC. WELFARE BENEFIT PLAN 2013 401k financial data
Total income from all sources2013-12-31$0
Expenses. Total of all expenses incurred2013-12-31$342,693
Benefits paid (including direct rollovers)2013-12-31$342,693
Total plan assets at end of year2013-12-31$0
Total plan assets at beginning of year2013-12-31$342,693
Contributions received from other sources (not participants or employers)2013-12-31$0
Net income (gross income less expenses)2013-12-31$-342,693
Net plan assets at end of year (total assets less liabilities)2013-12-31$0
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$342,693
2012 : BIDNIS, INC. WELFARE BENEFIT PLAN 2012 401k financial data
Total income from all sources2012-12-31$342,693
Expenses. Total of all expenses incurred2012-12-31$0
Total plan assets at end of year2012-12-31$342,693
Total plan assets at beginning of year2012-12-31$0
Expenses. Other expenses not covered elsewhere2012-12-31$0
Contributions received from other sources (not participants or employers)2012-12-31$342,693
Net income (gross income less expenses)2012-12-31$342,693
Net plan assets at end of year (total assets less liabilities)2012-12-31$342,693
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$0

Form 5500 Responses for BIDNIS, INC. WELFARE BENEFIT PLAN

2015: BIDNIS, INC. WELFARE BENEFIT PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: BIDNIS, INC. WELFARE BENEFIT 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 funding arrangement – TrustYes
2014-01-01Plan benefit arrangement – InsuranceYes
2014-01-01Plan benefit arrangement - TrustYes
2013: BIDNIS, INC. WELFARE BENEFIT PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedNo
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planNo
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: BIDNIS, INC. WELFARE BENEFIT PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65935 )
Policy contract number103232
Policy instance 1
Insurance contract or identification number103232
Number of Individuals Covered2
Insurance policy start date2013-01-01
Insurance policy end date2013-12-31
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 BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitYes
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
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?Yes

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