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MODERN WELDING COMPANY, INC. BASIC LIFE, AD&D AND LONG-TERM DISABILITY PLAN 401k Plan overview

Plan NameMODERN WELDING COMPANY, INC. BASIC LIFE, AD&D AND LONG-TERM DISABILITY PLAN
Plan identification number 501

MODERN WELDING COMPANY, INC. BASIC LIFE, AD&D AND LONG-TERM DISABILITY PLAN Benefits

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

401k Sponsoring company profile

MODERN WELDING COMPANY, INC has sponsored the creation of one or more 401k plans.

Company Name:MODERN WELDING COMPANY, INC
Employer identification number (EIN):611229111
NAIC Classification:332400

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MODERN WELDING COMPANY, INC. BASIC LIFE, AD&D AND LONG-TERM DISABILITY PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
5012024-03-01JAMES JONES
5012023-03-01
5012023-03-01JAMES JONES
5012022-03-01
5012022-03-01JAMES JONES
5012021-03-01
5012021-03-01JAMES JONES
5012020-03-01
5012019-03-01
5012017-06-01JAMES JONES JAMES JONES2019-02-12
5012014-06-01JAMES JONES JAMES JONES2019-02-12
5012013-06-01JAMES JONES JAMES JONES2019-02-12
5012012-06-01JAMES JONES JAMES JONES2019-02-12
5012011-06-01JAMES JONES JAMES JONES2019-02-12
5012010-06-01JAMES JONES JAMES JONES2019-02-12
5012009-06-01JAMES JONES JAMES JONES2019-02-12

Plan Statistics for MODERN WELDING COMPANY, INC. BASIC LIFE, AD&D AND LONG-TERM DISABILITY PLAN

401k plan membership statisitcs for MODERN WELDING COMPANY, INC. BASIC LIFE, AD&D AND LONG-TERM DISABILITY PLAN

Measure Date Value
2023: MODERN WELDING COMPANY, INC. BASIC LIFE, AD&D AND LONG-TERM DISABILITY PLAN 2023 401k membership
Total participants, beginning-of-year2023-03-01358
Total number of active participants reported on line 7a of the Form 55002023-03-01355
Number of retired or separated participants receiving benefits2023-03-010
Number of other retired or separated participants entitled to future benefits2023-03-010
Total of all active and inactive participants2023-03-01355
2022: MODERN WELDING COMPANY, INC. BASIC LIFE, AD&D AND LONG-TERM DISABILITY PLAN 2022 401k membership
Total participants, beginning-of-year2022-03-01362
Total number of active participants reported on line 7a of the Form 55002022-03-01358
Number of retired or separated participants receiving benefits2022-03-010
Number of other retired or separated participants entitled to future benefits2022-03-010
Total of all active and inactive participants2022-03-01358
2021: MODERN WELDING COMPANY, INC. BASIC LIFE, AD&D AND LONG-TERM DISABILITY PLAN 2021 401k membership
Total participants, beginning-of-year2021-03-01385
Total number of active participants reported on line 7a of the Form 55002021-03-01362
Number of retired or separated participants receiving benefits2021-03-010
Number of other retired or separated participants entitled to future benefits2021-03-010
Total of all active and inactive participants2021-03-01362
2020: MODERN WELDING COMPANY, INC. BASIC LIFE, AD&D AND LONG-TERM DISABILITY PLAN 2020 401k membership
Total participants, beginning-of-year2020-03-01392
Total number of active participants reported on line 7a of the Form 55002020-03-01388
Number of retired or separated participants receiving benefits2020-03-010
Number of other retired or separated participants entitled to future benefits2020-03-010
Total of all active and inactive participants2020-03-01388
2019: MODERN WELDING COMPANY, INC. BASIC LIFE, AD&D AND LONG-TERM DISABILITY PLAN 2019 401k membership
Total participants, beginning-of-year2019-03-01375
Total number of active participants reported on line 7a of the Form 55002019-03-01387
Number of retired or separated participants receiving benefits2019-03-010
Number of other retired or separated participants entitled to future benefits2019-03-010
Total of all active and inactive participants2019-03-01387
2017: MODERN WELDING COMPANY, INC. BASIC LIFE, AD&D AND LONG-TERM DISABILITY PLAN 2017 401k membership
Total participants, beginning-of-year2017-06-01405
Total number of active participants reported on line 7a of the Form 55002017-06-01381
Number of retired or separated participants receiving benefits2017-06-010
Number of other retired or separated participants entitled to future benefits2017-06-010
Total of all active and inactive participants2017-06-01381
2014: MODERN WELDING COMPANY, INC. BASIC LIFE, AD&D AND LONG-TERM DISABILITY PLAN 2014 401k membership
Total participants, beginning-of-year2014-06-01417
Total number of active participants reported on line 7a of the Form 55002014-06-01426
Number of retired or separated participants receiving benefits2014-06-010
Number of other retired or separated participants entitled to future benefits2014-06-010
Total of all active and inactive participants2014-06-01426
2013: MODERN WELDING COMPANY, INC. BASIC LIFE, AD&D AND LONG-TERM DISABILITY PLAN 2013 401k membership
Total participants, beginning-of-year2013-06-01424
Total number of active participants reported on line 7a of the Form 55002013-06-01417
Number of retired or separated participants receiving benefits2013-06-010
Number of other retired or separated participants entitled to future benefits2013-06-010
Total of all active and inactive participants2013-06-01417
2012: MODERN WELDING COMPANY, INC. BASIC LIFE, AD&D AND LONG-TERM DISABILITY PLAN 2012 401k membership
Total participants, beginning-of-year2012-06-01409
Total number of active participants reported on line 7a of the Form 55002012-06-01424
Number of retired or separated participants receiving benefits2012-06-010
Number of other retired or separated participants entitled to future benefits2012-06-010
Total of all active and inactive participants2012-06-01424
2011: MODERN WELDING COMPANY, INC. BASIC LIFE, AD&D AND LONG-TERM DISABILITY PLAN 2011 401k membership
Total participants, beginning-of-year2011-06-01414
Total number of active participants reported on line 7a of the Form 55002011-06-01409
Number of retired or separated participants receiving benefits2011-06-010
Number of other retired or separated participants entitled to future benefits2011-06-010
Total of all active and inactive participants2011-06-01409
2010: MODERN WELDING COMPANY, INC. BASIC LIFE, AD&D AND LONG-TERM DISABILITY PLAN 2010 401k membership
Total participants, beginning-of-year2010-06-01445
Total number of active participants reported on line 7a of the Form 55002010-06-01414
Number of retired or separated participants receiving benefits2010-06-010
Number of other retired or separated participants entitled to future benefits2010-06-010
Total of all active and inactive participants2010-06-01414
2009: MODERN WELDING COMPANY, INC. BASIC LIFE, AD&D AND LONG-TERM DISABILITY PLAN 2009 401k membership
Total participants, beginning-of-year2009-06-01445
Total number of active participants reported on line 7a of the Form 55002009-06-01445
Number of retired or separated participants receiving benefits2009-06-010
Number of other retired or separated participants entitled to future benefits2009-06-010
Total of all active and inactive participants2009-06-01445

Form 5500 Responses for MODERN WELDING COMPANY, INC. BASIC LIFE, AD&D AND LONG-TERM DISABILITY PLAN

2023: MODERN WELDING COMPANY, INC. BASIC LIFE, AD&D AND LONG-TERM DISABILITY PLAN 2023 form 5500 responses
2023-03-01Type of plan entitySingle employer plan
2023-03-01Submission has been amendedNo
2023-03-01This submission is the final filingNo
2023-03-01This return/report is a short plan year return/report (less than 12 months)No
2023-03-01Plan is a collectively bargained planNo
2023-03-01Plan funding arrangement – InsuranceYes
2023-03-01Plan benefit arrangement – InsuranceYes
2022: MODERN WELDING COMPANY, INC. BASIC LIFE, AD&D AND LONG-TERM DISABILITY PLAN 2022 form 5500 responses
2022-03-01Type of plan entitySingle employer plan
2022-03-01Submission has been amendedNo
2022-03-01This submission is the final filingNo
2022-03-01This return/report is a short plan year return/report (less than 12 months)No
2022-03-01Plan is a collectively bargained planNo
2022-03-01Plan funding arrangement – InsuranceYes
2022-03-01Plan benefit arrangement – InsuranceYes
2021: MODERN WELDING COMPANY, INC. BASIC LIFE, AD&D AND LONG-TERM DISABILITY PLAN 2021 form 5500 responses
2021-03-01Type of plan entitySingle employer plan
2021-03-01Submission has been amendedNo
2021-03-01This submission is the final filingNo
2021-03-01This return/report is a short plan year return/report (less than 12 months)No
2021-03-01Plan is a collectively bargained planNo
2021-03-01Plan funding arrangement – InsuranceYes
2021-03-01Plan benefit arrangement – InsuranceYes
2020: MODERN WELDING COMPANY, INC. BASIC LIFE, AD&D AND LONG-TERM DISABILITY PLAN 2020 form 5500 responses
2020-03-01Type of plan entitySingle employer plan
2020-03-01Submission has been amendedNo
2020-03-01This submission is the final filingNo
2020-03-01This return/report is a short plan year return/report (less than 12 months)No
2020-03-01Plan is a collectively bargained planNo
2020-03-01Plan funding arrangement – InsuranceYes
2020-03-01Plan benefit arrangement – InsuranceYes
2019: MODERN WELDING COMPANY, INC. BASIC LIFE, AD&D AND LONG-TERM DISABILITY PLAN 2019 form 5500 responses
2019-03-01Type of plan entitySingle employer plan
2019-03-01Submission has been amendedNo
2019-03-01This submission is the final filingNo
2019-03-01This return/report is a short plan year return/report (less than 12 months)No
2019-03-01Plan is a collectively bargained planNo
2019-03-01Plan funding arrangement – InsuranceYes
2019-03-01Plan benefit arrangement – InsuranceYes
2017: MODERN WELDING COMPANY, INC. BASIC LIFE, AD&D AND LONG-TERM DISABILITY PLAN 2017 form 5500 responses
2017-06-01Type of plan entitySingle employer plan
2017-06-01Submission has been amendedNo
2017-06-01This submission is the final filingNo
2017-06-01This return/report is a short plan year return/report (less than 12 months)No
2017-06-01Plan is a collectively bargained planNo
2017-06-01Plan funding arrangement – InsuranceYes
2017-06-01Plan benefit arrangement – InsuranceYes
2014: MODERN WELDING COMPANY, INC. BASIC LIFE, AD&D AND LONG-TERM DISABILITY PLAN 2014 form 5500 responses
2014-06-01Type of plan entitySingle employer plan
2014-06-01Submission has been amendedNo
2014-06-01This submission is the final filingNo
2014-06-01This return/report is a short plan year return/report (less than 12 months)No
2014-06-01Plan is a collectively bargained planNo
2014-06-01Plan funding arrangement – InsuranceYes
2014-06-01Plan benefit arrangement – InsuranceYes
2013: MODERN WELDING COMPANY, INC. BASIC LIFE, AD&D AND LONG-TERM DISABILITY PLAN 2013 form 5500 responses
2013-06-01Type of plan entitySingle employer plan
2013-06-01Submission has been amendedNo
2013-06-01This submission is the final filingNo
2013-06-01This return/report is a short plan year return/report (less than 12 months)No
2013-06-01Plan is a collectively bargained planNo
2013-06-01Plan funding arrangement – InsuranceYes
2013-06-01Plan benefit arrangement – InsuranceYes
2012: MODERN WELDING COMPANY, INC. BASIC LIFE, AD&D AND LONG-TERM DISABILITY PLAN 2012 form 5500 responses
2012-06-01Type of plan entitySingle employer plan
2012-06-01Submission has been amendedNo
2012-06-01This submission is the final filingNo
2012-06-01This return/report is a short plan year return/report (less than 12 months)No
2012-06-01Plan is a collectively bargained planNo
2012-06-01Plan funding arrangement – InsuranceYes
2012-06-01Plan benefit arrangement – InsuranceYes
2011: MODERN WELDING COMPANY, INC. BASIC LIFE, AD&D AND LONG-TERM DISABILITY PLAN 2011 form 5500 responses
2011-06-01Type of plan entitySingle employer plan
2011-06-01Submission has been amendedNo
2011-06-01This submission is the final filingNo
2011-06-01This return/report is a short plan year return/report (less than 12 months)No
2011-06-01Plan is a collectively bargained planNo
2011-06-01Plan funding arrangement – InsuranceYes
2011-06-01Plan benefit arrangement – InsuranceYes
2010: MODERN WELDING COMPANY, INC. BASIC LIFE, AD&D AND LONG-TERM DISABILITY PLAN 2010 form 5500 responses
2010-06-01Type of plan entitySingle employer plan
2010-06-01Submission has been amendedNo
2010-06-01This submission is the final filingNo
2010-06-01This return/report is a short plan year return/report (less than 12 months)No
2010-06-01Plan is a collectively bargained planNo
2010-06-01Plan funding arrangement – InsuranceYes
2010-06-01Plan benefit arrangement – InsuranceYes
2009: MODERN WELDING COMPANY, INC. BASIC LIFE, AD&D AND LONG-TERM DISABILITY PLAN 2009 form 5500 responses
2009-06-01Type of plan entitySingle employer plan
2009-06-01First time form 5500 has been submittedYes
2009-06-01Submission has been amendedNo
2009-06-01This submission is the final filingNo
2009-06-01This return/report is a short plan year return/report (less than 12 months)No
2009-06-01Plan is a collectively bargained planNo
2009-06-01Plan funding arrangement – InsuranceYes
2009-06-01Plan benefit arrangement – InsuranceYes

Insurance Providers Used on plan

MUTUAL OF OMAHA (National Association of Insurance Commissioners NAIC id number: 69868 )
Policy contract numberG000B6PR
Policy instance 1
Insurance contract or identification numberG000B6PR
Number of Individuals Covered355
Insurance policy start date2023-03-01
Insurance policy end date2024-02-29
Total amount of commissions paid to insurance brokerUSD $30,822
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?0
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 BenefitYes
Unemployment Insurance Welfare BenefitNo
Other welfare benefits providedACCIDENTAL DEATH AND DISMEMBERMENT
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Welfare Benefit Premiums Paid to CarrierUSD $308,228
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
MUTUAL OF OMAHA (National Association of Insurance Commissioners NAIC id number: 69868 )
Policy contract numberGLUG0B6PR*
Policy instance 1
Insurance contract or identification numberGLUG0B6PR*
Number of Individuals Covered356
Insurance policy start date2022-03-01
Insurance policy end date2023-02-28
Total amount of commissions paid to insurance brokerUSD $28,190
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?0
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 BenefitYes
Unemployment Insurance Welfare BenefitNo
Other welfare benefits providedACCIDENTAL DEATH AND DISMEMBERMENT
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Welfare Benefit Premiums Paid to CarrierUSD $281,907
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
MUTUAL OF OMAHA (National Association of Insurance Commissioners NAIC id number: 69868 )
Policy contract numberGLUG0B6PR*
Policy instance 1
MUTUAL OF OMAHA (National Association of Insurance Commissioners NAIC id number: 69868 )
Policy contract numberGLUG0B6PR*
Policy instance 1
MUTUAL OF OMAHA (National Association of Insurance Commissioners NAIC id number: 69868 )
Policy contract numberGLUG0B6PR*
Policy instance 1
MUTUAL OF OMAHA (National Association of Insurance Commissioners NAIC id number: 69868 )
Policy contract numberGUPR0B6PR
Policy instance 1
MUTUAL OF OMAHA (National Association of Insurance Commissioners NAIC id number: 69868 )
Policy contract numberGLUG0B6PR
Policy instance 2
PRUDENTIAL ANNUITIES SERVICE (National Association of Insurance Commissioners NAIC id number: 68241 )
Policy contract number01859
Policy instance 1
PRUDENTIAL ANNUITIES SERVICE (National Association of Insurance Commissioners NAIC id number: 68241 )
Policy contract number01859
Policy instance 1
PRUDENTIAL ANNUITIES SERVICE (National Association of Insurance Commissioners NAIC id number: 68241 )
Policy contract number01859
Policy instance 1
PRUDENTIAL ANNUITIES SERVICE (National Association of Insurance Commissioners NAIC id number: 68241 )
Policy contract number01859
Policy instance 1
PRUDENTIAL ANNUITIES SERVICE (National Association of Insurance Commissioners NAIC id number: 68241 )
Policy contract number01859
Policy instance 1
PRUDENTIAL ANNUITIES SERVICE (National Association of Insurance Commissioners NAIC id number: 68241 )
Policy contract number01859
Policy instance 1

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