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GROUP LIFE INSURANCE & SHORT-TERM DISABILITY PLAN FOR EMPLOYEES OF SCIENTIFIC COMPONENTS CORPORATION 401k Plan overview

Plan NameGROUP LIFE INSURANCE & SHORT-TERM DISABILITY PLAN FOR EMPLOYEES OF SCIENTIFIC COMPONENTS CORPORATION
Plan identification number 510

GROUP LIFE INSURANCE & SHORT-TERM DISABILITY PLAN FOR EMPLOYEES OF SCIENTIFIC COMPONENTS CORPORATION Benefits

401k Plan TypeWelfare Benefit
Plan Features/Benefits
  • Life insurance
  • Temporary disability (accident and sickness)

401k Sponsoring company profile

SCIENTIFIC COMPONENTS CORPORATION has sponsored the creation of one or more 401k plans.

Company Name:SCIENTIFIC COMPONENTS CORPORATION
Employer identification number (EIN):112161210
NAIC Classification:334410

Additional information about SCIENTIFIC COMPONENTS CORPORATION

Jurisdiction of Incorporation: New York Department of State
Incorporation Date: 1968-09-19
Company Identification Number: 228189
Legal Registered Office Address: 13 Neptune Avenue
Kings
Brooklyn
United States of America (USA)
11235

More information about SCIENTIFIC COMPONENTS CORPORATION

Form 5500 Filing Information

Submission information for form 5500 for 401k plan GROUP LIFE INSURANCE & SHORT-TERM DISABILITY PLAN FOR EMPLOYEES OF SCIENTIFIC COMPONENTS CORPORATION

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
5102022-01-01KAI LO2023-09-13
5102021-01-01KAI LO2022-10-14
5102020-01-01KAI LO2021-10-14
5102019-01-01
5102018-01-01
5102013-01-01ROBERTA KAYLIE
5102012-01-01ROBERTA KAYLIE
5102011-01-01ROBERTA KAYLIE
5102010-01-01ROBERTA KAYLIE
5102009-09-01ROBERTA KAYLIE

Plan Statistics for GROUP LIFE INSURANCE & SHORT-TERM DISABILITY PLAN FOR EMPLOYEES OF SCIENTIFIC COMPONENTS CORPORATION

401k plan membership statisitcs for GROUP LIFE INSURANCE & SHORT-TERM DISABILITY PLAN FOR EMPLOYEES OF SCIENTIFIC COMPONENTS CORPORATION

Measure Date Value
2022: GROUP LIFE INSURANCE & SHORT-TERM DISABILITY PLAN FOR EMPLOYEES OF SCIENTIFIC COMPONENTS CORPORATION 2022 401k membership
Total participants, beginning-of-year2022-01-01427
Total number of active participants reported on line 7a of the Form 55002022-01-01440
Number of retired or separated participants receiving benefits2022-01-010
Number of other retired or separated participants entitled to future benefits2022-01-010
Total of all active and inactive participants2022-01-01440
Number of employers contributing to the scheme2022-01-010
2021: GROUP LIFE INSURANCE & SHORT-TERM DISABILITY PLAN FOR EMPLOYEES OF SCIENTIFIC COMPONENTS CORPORATION 2021 401k membership
Total participants, beginning-of-year2021-01-01224
Total number of active participants reported on line 7a of the Form 55002021-01-01427
Number of retired or separated participants receiving benefits2021-01-010
Number of other retired or separated participants entitled to future benefits2021-01-010
Total of all active and inactive participants2021-01-01427
Number of employers contributing to the scheme2021-01-010
2020: GROUP LIFE INSURANCE & SHORT-TERM DISABILITY PLAN FOR EMPLOYEES OF SCIENTIFIC COMPONENTS CORPORATION 2020 401k membership
Total participants, beginning-of-year2020-01-01226
Total number of active participants reported on line 7a of the Form 55002020-01-01224
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-010
Total of all active and inactive participants2020-01-01224
Number of employers contributing to the scheme2020-01-010
2019: GROUP LIFE INSURANCE & SHORT-TERM DISABILITY PLAN FOR EMPLOYEES OF SCIENTIFIC COMPONENTS CORPORATION 2019 401k membership
Total participants, beginning-of-year2019-01-01330
Total number of active participants reported on line 7a of the Form 55002019-01-01308
Number of retired or separated participants receiving benefits2019-01-010
Number of other retired or separated participants entitled to future benefits2019-01-010
Total of all active and inactive participants2019-01-01308
2018: GROUP LIFE INSURANCE & SHORT-TERM DISABILITY PLAN FOR EMPLOYEES OF SCIENTIFIC COMPONENTS CORPORATION 2018 401k membership
Total participants, beginning-of-year2018-01-01319
Total number of active participants reported on line 7a of the Form 55002018-01-01330
Number of retired or separated participants receiving benefits2018-01-010
Number of other retired or separated participants entitled to future benefits2018-01-010
Total of all active and inactive participants2018-01-01330
2013: GROUP LIFE INSURANCE & SHORT-TERM DISABILITY PLAN FOR EMPLOYEES OF SCIENTIFIC COMPONENTS CORPORATION 2013 401k membership
Total participants, beginning-of-year2013-01-01357
Total number of active participants reported on line 7a of the Form 55002013-01-01364
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 participants2013-01-01364
2012: GROUP LIFE INSURANCE & SHORT-TERM DISABILITY PLAN FOR EMPLOYEES OF SCIENTIFIC COMPONENTS CORPORATION 2012 401k membership
Total participants, beginning-of-year2012-01-01357
Total number of active participants reported on line 7a of the Form 55002012-01-01357
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 participants2012-01-01357
Total participants2012-01-01357
2011: GROUP LIFE INSURANCE & SHORT-TERM DISABILITY PLAN FOR EMPLOYEES OF SCIENTIFIC COMPONENTS CORPORATION 2011 401k membership
Total participants, beginning-of-year2011-01-01372
Total number of active participants reported on line 7a of the Form 55002011-01-01357
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-010
Total of all active and inactive participants2011-01-01357
2010: GROUP LIFE INSURANCE & SHORT-TERM DISABILITY PLAN FOR EMPLOYEES OF SCIENTIFIC COMPONENTS CORPORATION 2010 401k membership
Total participants, beginning-of-year2010-01-01378
Total number of active participants reported on line 7a of the Form 55002010-01-01372
Number of retired or separated participants receiving benefits2010-01-010
Number of other retired or separated participants entitled to future benefits2010-01-010
Total of all active and inactive participants2010-01-01372
2009: GROUP LIFE INSURANCE & SHORT-TERM DISABILITY PLAN FOR EMPLOYEES OF SCIENTIFIC COMPONENTS CORPORATION 2009 401k membership
Total participants, beginning-of-year2009-09-01394
Total number of active participants reported on line 7a of the Form 55002009-09-01378
Number of retired or separated participants receiving benefits2009-09-010
Number of other retired or separated participants entitled to future benefits2009-09-010
Total of all active and inactive participants2009-09-01378

Form 5500 Responses for GROUP LIFE INSURANCE & SHORT-TERM DISABILITY PLAN FOR EMPLOYEES OF SCIENTIFIC COMPONENTS CORPORATION

2022: GROUP LIFE INSURANCE & SHORT-TERM DISABILITY PLAN FOR EMPLOYEES OF SCIENTIFIC COMPONENTS CORPORATION 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Plan funding arrangement – InsuranceYes
2022-01-01Plan benefit arrangement – InsuranceYes
2021: GROUP LIFE INSURANCE & SHORT-TERM DISABILITY PLAN FOR EMPLOYEES OF SCIENTIFIC COMPONENTS CORPORATION 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Plan funding arrangement – InsuranceYes
2021-01-01Plan benefit arrangement – InsuranceYes
2020: GROUP LIFE INSURANCE & SHORT-TERM DISABILITY PLAN FOR EMPLOYEES OF SCIENTIFIC COMPONENTS CORPORATION 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Plan funding arrangement – InsuranceYes
2020-01-01Plan benefit arrangement – InsuranceYes
2019: GROUP LIFE INSURANCE & SHORT-TERM DISABILITY PLAN FOR EMPLOYEES OF SCIENTIFIC COMPONENTS CORPORATION 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – InsuranceYes
2019-01-01Plan benefit arrangement – InsuranceYes
2018: GROUP LIFE INSURANCE & SHORT-TERM DISABILITY PLAN FOR EMPLOYEES OF SCIENTIFIC COMPONENTS CORPORATION 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – InsuranceYes
2018-01-01Plan benefit arrangement – InsuranceYes
2013: GROUP LIFE INSURANCE & SHORT-TERM DISABILITY PLAN FOR EMPLOYEES OF SCIENTIFIC COMPONENTS CORPORATION 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 – InsuranceYes
2013-01-01Plan benefit arrangement – InsuranceYes
2012: GROUP LIFE INSURANCE & SHORT-TERM DISABILITY PLAN FOR EMPLOYEES OF SCIENTIFIC COMPONENTS CORPORATION 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 – InsuranceYes
2012-01-01Plan benefit arrangement – InsuranceYes
2011: GROUP LIFE INSURANCE & SHORT-TERM DISABILITY PLAN FOR EMPLOYEES OF SCIENTIFIC COMPONENTS CORPORATION 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – InsuranceYes
2011-01-01Plan benefit arrangement – InsuranceYes
2010: GROUP LIFE INSURANCE & SHORT-TERM DISABILITY PLAN FOR EMPLOYEES OF SCIENTIFIC COMPONENTS CORPORATION 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Submission has been amendedNo
2010-01-01This submission is the final filingNo
2010-01-01This return/report is a short plan year return/report (less than 12 months)No
2010-01-01Plan is a collectively bargained planNo
2010-01-01Plan funding arrangement – InsuranceYes
2010-01-01Plan benefit arrangement – InsuranceYes
2009: GROUP LIFE INSURANCE & SHORT-TERM DISABILITY PLAN FOR EMPLOYEES OF SCIENTIFIC COMPONENTS CORPORATION 2009 form 5500 responses
2009-09-01Type of plan entitySingle employer plan
2009-09-01Submission has been amendedNo
2009-09-01This submission is the final filingNo
2009-09-01This return/report is a short plan year return/report (less than 12 months)Yes
2009-09-01Plan is a collectively bargained planNo
2009-09-01Plan funding arrangement – InsuranceYes
2009-09-01Plan benefit arrangement – InsuranceYes

Insurance Providers Used on plan

ANTHEM LIFE & DISABILITY INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 13573 )
Policy contract numberNY0080
Policy instance 1
Insurance contract or identification numberNY0080
Number of Individuals Covered440
Insurance policy start date2022-01-01
Insurance policy end date2022-12-31
Total amount of commissions paid to insurance brokerUSD $17,374
Total amount of fees paid to insurance companyUSD $12,778
Life Insurance Welfare BenefitYes
Temporary Disability Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $166,542
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $17,374
Amount paid for insurance broker fees2081
Additional information about fees paid to insurance brokerFEES
Insurance broker organization code?3
ANTHEM LIFE & DISABILITY INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 13573 )
Policy contract numberNY0080
Policy instance 1
Insurance contract or identification numberNY0080
Number of Individuals Covered427
Insurance policy start date2021-01-01
Insurance policy end date2021-12-31
Total amount of commissions paid to insurance brokerUSD $14,100
Total amount of fees paid to insurance companyUSD $10,392
Life Insurance Welfare BenefitYes
Temporary Disability Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $149,615
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $14,100
Amount paid for insurance broker fees2548
Additional information about fees paid to insurance brokerFEES
Insurance broker organization code?3
ANTHEM LIFE & DISABILITY INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 13573 )
Policy contract numberNY0080
Policy instance 1
Insurance contract or identification numberNY0080
Number of Individuals Covered296
Insurance policy start date2020-01-01
Insurance policy end date2020-12-31
Total amount of commissions paid to insurance brokerUSD $-16,221
Total amount of fees paid to insurance companyUSD $10,990
Life Insurance Welfare BenefitYes
Temporary Disability Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $126,709
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $8,446
Amount paid for insurance broker fees2828
Additional information about fees paid to insurance brokerFEES
Insurance broker organization code?3
ANTHEM LIFE & DISABILITY INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 13573 )
Policy contract numberNY0080
Policy instance 1
Insurance contract or identification numberNY0080
Number of Individuals Covered308
Insurance policy start date2019-01-01
Insurance policy end date2019-12-31
Total amount of commissions paid to insurance brokerUSD $6,500
Total amount of fees paid to insurance companyUSD $4,344
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 BenefitYes
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?No
Commission paid to Insurance BrokerUSD $6,500
Insurance broker organization code?3
Amount paid for insurance broker fees4344
Additional information about fees paid to insurance brokerBONUS OVERRIDE AND NON-MONETARY
ANTHEM LIFE & DISABILITY INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 13573 )
Policy contract numberNY0080
Policy instance 1
Insurance contract or identification numberNY0080
Number of Individuals Covered319
Insurance policy start date2015-01-01
Insurance policy end date2015-12-31
Total amount of commissions paid to insurance brokerUSD $34,315
Total amount of fees paid to insurance companyUSD $2,127
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 BenefitYes
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?No
Commission paid to Insurance BrokerUSD $30,115
Insurance broker organization code?3
Amount paid for insurance broker fees2127
Additional information about fees paid to insurance brokerBONUS OVERRIDE AND NON-MONETARY

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