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VERITE GROUP, INC. DENTAL, LIFE AND DISABILITY PLAN 401k Plan overview

Plan NameVERITE GROUP, INC. DENTAL, LIFE AND DISABILITY PLAN
Plan identification number 502

VERITE GROUP, INC. DENTAL, LIFE AND DISABILITY PLAN Benefits

401k Plan TypeWelfare Benefit
Plan Features/Benefits
  • Life insurance
  • Dental
  • Vision
  • Temporary disability (accident and sickness)
  • Long-term disability cover
  • Death benefits (include travel accident but not life insurance)
  • Other welfare benefit cover

401k Sponsoring company profile

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

Company Name:VERITE GROUP, INC.
Employer identification number (EIN):593767925
NAIC Classification:517000

Form 5500 Filing Information

Submission information for form 5500 for 401k plan VERITE GROUP, INC. DENTAL, LIFE AND DISABILITY PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
5022022-12-01GEORGE DOTTERER2024-06-25

Plan Statistics for VERITE GROUP, INC. DENTAL, LIFE AND DISABILITY PLAN

401k plan membership statisitcs for VERITE GROUP, INC. DENTAL, LIFE AND DISABILITY PLAN

Measure Date Value
2022: VERITE GROUP, INC. DENTAL, LIFE AND DISABILITY PLAN 2022 401k membership
Total participants, beginning-of-year2022-12-01100
Total number of active participants reported on line 7a of the Form 55002022-12-01134
Number of retired or separated participants receiving benefits2022-12-011
Number of other retired or separated participants entitled to future benefits2022-12-010
Total of all active and inactive participants2022-12-01135
Number of employers contributing to the scheme2022-12-010

Form 5500 Responses for VERITE GROUP, INC. DENTAL, LIFE AND DISABILITY PLAN

2022: VERITE GROUP, INC. DENTAL, LIFE AND DISABILITY PLAN 2022 form 5500 responses
2022-12-01Type of plan entitySingle employer plan
2022-12-01First time form 5500 has been submittedYes
2022-12-01Plan funding arrangement – InsuranceYes
2022-12-01Plan benefit arrangement – InsuranceYes

Insurance Providers Used on plan

METROPOLITAN LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65978 )
Policy contract numberTS05374734
Policy instance 1
Insurance contract or identification numberTS05374734
Number of Individuals Covered314
Insurance policy start date2022-12-01
Insurance policy end date2023-11-30
Total amount of commissions paid to insurance brokerUSD $58,665
Total amount of fees paid to insurance companyUSD $4,479
Dental Insurance Welfare BenefitYes
Vision Insurance Welfare BenefitYes
Life Insurance Welfare BenefitYes
Temporary Disability Insurance Welfare BenefitYes
Long Term Disability Insurance Welfare BenefitYes
Other welfare benefits providedACCIDENTAL DEATH AND DISMEMBERMENT, EMPLOYEE ASSISTANCE PROGRAM
Welfare Benefit Premiums Paid to CarrierUSD $303,417
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $29,855
Amount paid for insurance broker fees0
Insurance broker organization code?3
Additional information about fees paid to insurance brokerSUPPLEMENTAL COMPENSATION

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