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THE MCCONNELL GROUP, INC WELFARE TRUST FUND 401k Plan overview

Plan NameTHE MCCONNELL GROUP, INC WELFARE TRUST FUND
Plan identification number 501

THE MCCONNELL GROUP, INC WELFARE TRUST FUND Benefits

401k Plan TypeWelfare Benefit
Plan Features/Benefits
  • Health (other than dental or vision)
  • Life insurance
  • Dental
  • Vision
  • Temporary disability (accident and sickness)

401k Sponsoring company profile

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

Company Name:THE MCCONNELL GROUP, INC
Employer identification number (EIN):260733725
NAIC Classification:541700

Additional information about THE MCCONNELL GROUP, INC

Jurisdiction of Incorporation: Georgia Department of States Corporations Division
Incorporation Date: 2001-01-17
Company Identification Number: 59778
Legal Registered Office Address: 159 S MAIN ST

DUBLIN
United States of America (USA)
18917-2421

More information about THE MCCONNELL GROUP, INC

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE MCCONNELL GROUP, INC WELFARE TRUST FUND

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
5012015-01-01THOMAS KELLY IRVING MCCONNELL2016-07-11
5012014-01-01THOMAS KELLY IRVING MCCONNELL2015-09-24
5012013-01-01THOMAS KELLY CHUCK O'CARROLL2014-08-01
5012012-01-01THOMAS KELLY CHUCK O'CARROLL2013-09-10
5012011-01-01THOMAS KELLY CHUCK O'CARROLL2012-08-13
5012010-01-01THOMAS KELLY CHUCK O'CARROLL2012-09-18
5012009-10-01THOMAS KELLY HELENE RODRIGUEZ2010-06-08
5012009-10-01THOMAS KELLY HELENE RODRIGUEZ2010-06-08
5012009-10-01THOMAS KELLY HELENE RODRIGUEZ2010-06-07

Plan Statistics for THE MCCONNELL GROUP, INC WELFARE TRUST FUND

401k plan membership statisitcs for THE MCCONNELL GROUP, INC WELFARE TRUST FUND

Measure Date Value
2015: THE MCCONNELL GROUP, INC WELFARE TRUST FUND 2015 401k membership
Total participants, beginning-of-year2015-01-0136
Total number of active participants reported on line 7a of the Form 55002015-01-0129
Total of all active and inactive participants2015-01-0129
Total participants2015-01-010
2014: THE MCCONNELL GROUP, INC WELFARE TRUST FUND 2014 401k membership
Total participants, beginning-of-year2014-01-0123
Total number of active participants reported on line 7a of the Form 55002014-01-0136
Total of all active and inactive participants2014-01-0136
Total participants2014-01-010
2013: THE MCCONNELL GROUP, INC WELFARE TRUST FUND 2013 401k membership
Total participants, beginning-of-year2013-01-0126
Total number of active participants reported on line 7a of the Form 55002013-01-0121
Number of retired or separated participants receiving benefits2013-01-012
Total of all active and inactive participants2013-01-0123
Total participants2013-01-010
2012: THE MCCONNELL GROUP, INC WELFARE TRUST FUND 2012 401k membership
Total participants, beginning-of-year2012-01-0167
Total number of active participants reported on line 7a of the Form 55002012-01-0119
Number of retired or separated participants receiving benefits2012-01-019
Total of all active and inactive participants2012-01-0128
Total participants2012-01-010
2011: THE MCCONNELL GROUP, INC WELFARE TRUST FUND 2011 401k membership
Total participants, beginning-of-year2011-01-01185
Total number of active participants reported on line 7a of the Form 55002011-01-0167
Total of all active and inactive participants2011-01-0167
Total participants2011-01-0167
2010: THE MCCONNELL GROUP, INC WELFARE TRUST FUND 2010 401k membership
Total participants, beginning-of-year2010-01-01340
Total number of active participants reported on line 7a of the Form 55002010-01-01185
Total of all active and inactive participants2010-01-01185
Total participants2010-01-01185
2009: THE MCCONNELL GROUP, INC WELFARE TRUST FUND 2009 401k membership
Total participants, beginning-of-year2009-10-01172
Total number of active participants reported on line 7a of the Form 55002009-10-01172
Total of all active and inactive participants2009-10-01172
Total participants2009-10-01172

Financial Data on THE MCCONNELL GROUP, INC WELFARE TRUST FUND

Measure Date Value
2015 : THE MCCONNELL GROUP, INC WELFARE TRUST FUND 2015 401k financial data
Total plan liabilities at end of year2015-12-31$90,952
Total plan liabilities at beginning of year2015-12-31$91,623
Total income from all sources2015-12-31$90,848
Expenses. Total of all expenses incurred2015-12-31$92,848
Benefits paid (including direct rollovers)2015-12-31$83,989
Total plan assets at end of year2015-12-31$50,423
Total plan assets at beginning of year2015-12-31$53,094
Value of fidelity bond covering the plan2015-12-31$20,000
Total contributions received or receivable from participants2015-12-31$36,413
Expenses. Other expenses not covered elsewhere2015-12-31$8,859
Net income (gross income less expenses)2015-12-31$-2,000
Net plan assets at end of year (total assets less liabilities)2015-12-31$-40,529
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$-38,529
Total contributions received or receivable from employer(s)2015-12-31$54,435
2014 : THE MCCONNELL GROUP, INC WELFARE TRUST FUND 2014 401k financial data
Total plan liabilities at end of year2014-12-31$91,623
Total plan liabilities at beginning of year2014-12-31$86,042
Total income from all sources2014-12-31$109,021
Expenses. Total of all expenses incurred2014-12-31$112,551
Benefits paid (including direct rollovers)2014-12-31$104,689
Total plan assets at end of year2014-12-31$53,094
Total plan assets at beginning of year2014-12-31$51,043
Value of fidelity bond covering the plan2014-12-31$20,000
Total contributions received or receivable from participants2014-12-31$32,228
Expenses. Other expenses not covered elsewhere2014-12-31$7,862
Net income (gross income less expenses)2014-12-31$-3,530
Net plan assets at end of year (total assets less liabilities)2014-12-31$-38,529
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$-34,999
Total contributions received or receivable from employer(s)2014-12-31$76,793
2013 : THE MCCONNELL GROUP, INC WELFARE TRUST FUND 2013 401k financial data
Total plan liabilities at end of year2013-12-31$86,042
Total plan liabilities at beginning of year2013-12-31$91,194
Total income from all sources2013-12-31$93,443
Expenses. Total of all expenses incurred2013-12-31$96,023
Benefits paid (including direct rollovers)2013-12-31$88,789
Total plan assets at end of year2013-12-31$51,043
Total plan assets at beginning of year2013-12-31$58,775
Value of fidelity bond covering the plan2013-12-31$20,000
Total contributions received or receivable from participants2013-12-31$26,310
Expenses. Other expenses not covered elsewhere2013-12-31$7,234
Net income (gross income less expenses)2013-12-31$-2,580
Net plan assets at end of year (total assets less liabilities)2013-12-31$-34,999
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$-32,419
Total contributions received or receivable from employer(s)2013-12-31$67,133
2012 : THE MCCONNELL GROUP, INC WELFARE TRUST FUND 2012 401k financial data
Total plan liabilities at end of year2012-12-31$91,194
Total plan liabilities at beginning of year2012-12-31$51,420
Total income from all sources2012-12-31$78,512
Expenses. Total of all expenses incurred2012-12-31$85,592
Benefits paid (including direct rollovers)2012-12-31$73,202
Total plan assets at end of year2012-12-31$58,775
Total plan assets at beginning of year2012-12-31$26,081
Value of fidelity bond covering the plan2012-12-31$20,000
Total contributions received or receivable from participants2012-12-31$26,338
Expenses. Other expenses not covered elsewhere2012-12-31$12,390
Net income (gross income less expenses)2012-12-31$-7,080
Net plan assets at end of year (total assets less liabilities)2012-12-31$-32,419
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$-25,339
Total contributions received or receivable from employer(s)2012-12-31$52,174
2011 : THE MCCONNELL GROUP, INC WELFARE TRUST FUND 2011 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$51,420
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$83,112
Total income from all sources (including contributions)2011-12-31$173,329
Total of all expenses incurred2011-12-31$130,198
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$121,772
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$173,329
Value of total assets at end of year2011-12-31$26,081
Value of total assets at beginning of year2011-12-31$14,642
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$8,426
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-12-31No
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$30,000
Were there any nonexempt tranactions with any party-in-interest2011-12-31No
Contributions received from participants2011-12-31$36,459
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2011-12-31$-2,742
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2011-12-31$50,771
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2011-12-31$81,612
Liabilities. Value of operating payables at end of year2011-12-31$649
Liabilities. Value of operating payables at beginning of year2011-12-31$1,500
Total non interest bearing cash at end of year2011-12-31$26,081
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Value of net income/loss2011-12-31$43,131
Value of net assets at end of year (total assets less liabilities)2011-12-31$-25,339
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$-68,470
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2011-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2011-12-31No
Were any leases to which the plan was party in default or uncollectible2011-12-31No
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2011-12-31$13,424
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2011-12-31$13,424
Expenses. Payments to insurance carriers foe the provision of benefits2011-12-31$124,514
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-12-31No
Was there a failure to transmit to the plan any participant contributions2011-12-31No
Has the plan failed to provide any benefit when due under the plan2011-12-31No
Contributions received in cash from employer2011-12-31$136,870
Employer contributions (assets) at beginning of year2011-12-31$1,218
Contract administrator fees2011-12-31$8,426
Did the plan have assets held for investment2011-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2011-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-12-31No
Opinion of an independent qualified public accountant for this plan2011-12-31Unqualified
Accountancy firm name2011-12-31FRYE & COMPANY, CPAS
Accountancy firm EIN2011-12-31454199441
2010 : THE MCCONNELL GROUP, INC WELFARE TRUST FUND 2010 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$83,112
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$84,365
Total income from all sources (including contributions)2010-12-31$223,651
Total of all expenses incurred2010-12-31$255,330
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$222,414
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-12-31$223,647
Value of total assets at end of year2010-12-31$14,642
Value of total assets at beginning of year2010-12-31$47,574
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$32,916
Total interest from all sources2010-12-31$4
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2010-12-31No
Administrative expenses professional fees incurred2010-12-31$11,500
Was this plan covered by a fidelity bond2010-12-31Yes
Value of fidelity bond cover2010-12-31$30,000
Were there any nonexempt tranactions with any party-in-interest2010-12-31No
Contributions received from participants2010-12-31$75,898
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2010-12-31$-48,935
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2010-12-31$81,612
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2010-12-31$82,346
Administrative expenses (other) incurred2010-12-31$451
Liabilities. Value of operating payables at end of year2010-12-31$1,500
Liabilities. Value of operating payables at beginning of year2010-12-31$2,019
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Value of net income/loss2010-12-31$-31,679
Value of net assets at end of year (total assets less liabilities)2010-12-31$-68,470
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$-36,791
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2010-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2010-12-31No
Were any leases to which the plan was party in default or uncollectible2010-12-31No
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2010-12-31$13,424
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2010-12-31$46,117
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2010-12-31$46,117
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2010-12-31$4
Expenses. Payments to insurance carriers foe the provision of benefits2010-12-31$271,349
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2010-12-31No
Was there a failure to transmit to the plan any participant contributions2010-12-31No
Has the plan failed to provide any benefit when due under the plan2010-12-31No
Contributions received in cash from employer2010-12-31$147,749
Employer contributions (assets) at end of year2010-12-31$1,218
Employer contributions (assets) at beginning of year2010-12-31$1,457
Contract administrator fees2010-12-31$20,965
Did the plan have assets held for investment2010-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2010-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2010-12-31No
Opinion of an independent qualified public accountant for this plan2010-12-31Unqualified
Accountancy firm name2010-12-31FRYE & WOLCOTT CPAS
Accountancy firm EIN2010-12-31542042172

Form 5500 Responses for THE MCCONNELL GROUP, INC WELFARE TRUST FUND

2015: THE MCCONNELL GROUP, INC WELFARE TRUST FUND 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Plan funding arrangement – InsuranceYes
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement – InsuranceYes
2015-01-01Plan benefit arrangement - TrustYes
2014: THE MCCONNELL GROUP, INC WELFARE TRUST FUND 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
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: THE MCCONNELL GROUP, INC WELFARE TRUST FUND 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Plan funding arrangement – InsuranceYes
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement – InsuranceYes
2013-01-01Plan benefit arrangement - TrustYes
2012: THE MCCONNELL GROUP, INC WELFARE TRUST FUND 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Plan funding arrangement – InsuranceYes
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement – InsuranceYes
2012-01-01Plan benefit arrangement - TrustYes
2011: THE MCCONNELL GROUP, INC WELFARE TRUST FUND 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Plan funding arrangement – InsuranceYes
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement – InsuranceYes
2011-01-01Plan benefit arrangement - TrustYes
2010: THE MCCONNELL GROUP, INC WELFARE TRUST FUND 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Submission has been amendedYes
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement – InsuranceYes
2010-01-01Plan benefit arrangement - TrustYes
2009: THE MCCONNELL GROUP, INC WELFARE TRUST FUND 2009 form 5500 responses
2009-10-01Type of plan entitySingle employer plan
2009-10-01This return/report is a short plan year return/report (less than 12 months)Yes
2009-10-01Plan funding arrangement – TrustYes
2009-10-01Plan benefit arrangement – InsuranceYes
2009-10-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

UNITEDHEALTHCARE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 79413 )
Policy contract number674133
Policy instance 1
Insurance contract or identification number674133
Number of Individuals Covered22
Insurance policy start date2015-01-01
Insurance policy end date2015-12-31
Total amount of commissions paid to insurance brokerUSD $4,482
Health Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $89,630
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $4,482
Insurance broker organization code?3
Insurance broker nameINSURANCE EXCHANGE INC
UNITEDHEALTHCARE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 79413 )
Policy contract number0711281
Policy instance 1
Insurance contract or identification number0711281
Number of Individuals Covered22
Insurance policy start date2014-01-01
Insurance policy end date2014-12-31
Total amount of commissions paid to insurance brokerUSD $21,560
Health Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $100,617
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $21,560
Insurance broker organization code?3
Insurance broker nameINSURANCE EXCHANGE INC
UNITEDHEALTHCARE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 79413 )
Policy contract number0711281
Policy instance 1
Insurance contract or identification number0711281
Number of Individuals Covered169
Insurance policy start date2013-01-01
Insurance policy end date2013-12-31
Total amount of commissions paid to insurance brokerUSD $21,417
Health Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $431,514
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $21,417
Insurance broker organization code?3
Insurance broker nameINSURANCE EXCHANGE INC
UNITEDHEALTHCARE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 79413 )
Policy contract number0711281
Policy instance 1
Insurance contract or identification number0711281
Number of Individuals Covered169
Insurance policy start date2012-01-01
Insurance policy end date2012-12-31
Total amount of commissions paid to insurance brokerUSD $30,126
Health Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $551,765
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $500
Insurance broker organization code?3
Insurance broker nameINSURANCE EXCHANGE INC
UNITEDHEALTHCARE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 79413 )
Policy contract number0711281
Policy instance 1
Insurance contract or identification number0711281
Number of Individuals Covered169
Insurance policy start date2011-01-01
Insurance policy end date2011-12-31
Total amount of commissions paid to insurance brokerUSD $27,175
Health Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $558,098
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
UNITEDHEALTHCARE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 79413 )
Policy contract number0711281
Policy instance 1
Insurance contract or identification number0711281
Number of Individuals Covered139
Insurance policy start date2010-01-01
Insurance policy end date2010-12-31
Total amount of commissions paid to insurance brokerUSD $28,656
Health Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $528,501
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No

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