MBX MEDICAL BILLING EXPERTS LTD PLAN 401k Plan overview
| Plan Name | MBX MEDICAL BILLING EXPERTS LTD PLAN |
| Plan identification number | 505 |
MBX MEDICAL BILLING EXPERTS LTD PLAN Benefits
| 401k Plan Type | Welfare Benefit |
| Plan Features/Benefits | - Long-term disability cover
- 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.
- Unfunded, fully insured, or combination unfunded/insured welfare plan that stopped filing form 5500s in an earlier plan year pursuant to 29 CFR 2520.104-20.
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401k Sponsoring company profile
MEDICAL BILLING EXPERTS, LLC has sponsored the creation of one or more 401k plans.
Additional information about MEDICAL BILLING EXPERTS, LLC
| Jurisdiction of Incorporation: | Florida Department of State Division of Corporations |
| Incorporation Date: | 2005-04-19 |
| Company Identification Number: | L05000038146 |
| Legal Registered Office Address: |
250-180TH DRIVE
SUNNY ISLES
33160
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More information about MEDICAL BILLING EXPERTS, LLC
Form 5500 Filing Information
Submission information for form 5500 for 401k plan MBX MEDICAL BILLING EXPERTS LTD PLAN
| Plan id# | Filing Submission Date | Name of Administrator | Date Administrator Signed | Name of Company Sponsor | Date Sponsor Signed |
|---|
| 505 | 2018-08-01 | MARY COMFORT | 2020-04-10 | | |
| 505 | 2017-08-01 | | | | |
Plan Statistics for MBX MEDICAL BILLING EXPERTS LTD PLAN
401k plan membership statisitcs for MBX MEDICAL BILLING EXPERTS LTD PLAN
| Measure | Date | Value |
|---|
| 2018: MBX MEDICAL BILLING EXPERTS LTD PLAN 2018 401k membership |
|---|
| Total participants, beginning-of-year | 2018-08-01 | 102 |
| Total number of active participants reported on line 7a of the Form 5500 | 2018-08-01 | 61 |
| Number of retired or separated participants receiving benefits | 2018-08-01 | 0 |
| Number of other retired or separated participants entitled to future benefits | 2018-08-01 | 0 |
| Total of all active and inactive participants | 2018-08-01 | 61 |
| Number of employers contributing to the scheme | 2018-08-01 | 0 |
| 2017: MBX MEDICAL BILLING EXPERTS LTD PLAN 2017 401k membership |
|---|
| Total participants, beginning-of-year | 2017-08-01 | 115 |
| Total number of active participants reported on line 7a of the Form 5500 | 2017-08-01 | 99 |
| Number of retired or separated participants receiving benefits | 2017-08-01 | 0 |
| Number of other retired or separated participants entitled to future benefits | 2017-08-01 | 0 |
| Total of all active and inactive participants | 2017-08-01 | 99 |
| Number of employers contributing to the scheme | 2017-08-01 | 0 |
Form 5500 Responses for MBX MEDICAL BILLING EXPERTS LTD PLAN
| 2018: MBX MEDICAL BILLING EXPERTS LTD PLAN 2018 form 5500 responses |
|---|
| 2018-08-01 | Type of plan entity | Single employer plan |
| 2018-08-01 | Plan funding arrangement – Insurance | Yes |
| 2018-08-01 | Plan benefit arrangement – Insurance | Yes |
| 2017: MBX MEDICAL BILLING EXPERTS LTD PLAN 2017 form 5500 responses |
|---|
| 2017-08-01 | Type of plan entity | Single employer plan |
| 2017-08-01 | First time form 5500 has been submitted | Yes |
| 2017-08-01 | Plan funding arrangement – Insurance | Yes |
| 2017-08-01 | Plan benefit arrangement – Insurance | Yes |
Insurance Providers Used on plan
| THE LINCOLN NATIONAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65676 ) |
| Policy contract number | 10194118 |
| Policy instance | 1 |
| Insurance contract or identification number | 10194118 | | Number of Individuals Covered | 60 | | Insurance policy start date | 2018-08-01 | | Insurance policy end date | 2019-07-31 | | Total amount of commissions paid to insurance broker | USD $1,622 | | Total amount of fees paid to insurance company | USD $387 | | Long Term Disability Insurance Welfare Benefit | Yes | | Welfare Benefit Premiums Paid to Carrier | USD $10,811 | | Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500? | No | | Commission paid to Insurance Broker | USD $1,622 | | Amount paid for insurance broker fees | 387 | | Additional information about fees paid to insurance broker | BROKER BONUS | | Insurance broker organization code? | 3 |
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| THE LINCOLN NATIONAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65676 ) |
| Policy contract number | 10194118 |
| Policy instance | 1 |
| Insurance contract or identification number | 10194118 | | Number of Individuals Covered | 99 | | Insurance policy start date | 2017-08-01 | | Insurance policy end date | 2018-07-31 | | Total amount of commissions paid to insurance broker | USD $2,010 | | Total amount of fees paid to insurance company | USD $133 | | Long Term Disability Insurance Welfare Benefit | Yes | | Welfare Benefit Premiums Paid to Carrier | USD $13,398 | | Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500? | No |
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