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GROUP LIFE AND HEALTH PLAN FOR EMPLOYEES OF PHOENIX CLOSURES, INC. 401k Plan overview

Plan NameGROUP LIFE AND HEALTH PLAN FOR EMPLOYEES OF PHOENIX CLOSURES, INC.
Plan identification number 504

GROUP LIFE AND HEALTH PLAN FOR EMPLOYEES OF PHOENIX CLOSURES, INC. Benefits

401k Plan TypeWelfare Benefit
Plan Features/Benefits
  • Health (other than dental or vision)
  • Life insurance
  • Dental
  • Vision
  • Long-term disability cover
  • Death benefits (include travel accident but not life insurance)

401k Sponsoring company profile

PHOENIX CLOSURES, INC. has sponsored the creation of one or more 401k plans.

Company Name:PHOENIX CLOSURES, INC.
Employer identification number (EIN):362583573
NAIC Classification:326100

Additional information about PHOENIX CLOSURES, INC.

Jurisdiction of Incorporation: Texas Secretary of State
Incorporation Date: 2017-12-19
Company Identification Number: 0802886388
Legal Registered Office Address: 975 MERIDIAN LAKE DR FL 1

AURORA
United States of America (USA)
60504

More information about PHOENIX CLOSURES, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan GROUP LIFE AND HEALTH PLAN FOR EMPLOYEES OF PHOENIX CLOSURES, INC.

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
5042022-01-01STACIE GANNON2023-06-01

Plan Statistics for GROUP LIFE AND HEALTH PLAN FOR EMPLOYEES OF PHOENIX CLOSURES, INC.

401k plan membership statisitcs for GROUP LIFE AND HEALTH PLAN FOR EMPLOYEES OF PHOENIX CLOSURES, INC.

Measure Date Value
2022: GROUP LIFE AND HEALTH PLAN FOR EMPLOYEES OF PHOENIX CLOSURES, INC. 2022 401k membership
Total participants, beginning-of-year2022-01-01437
Total number of active participants reported on line 7a of the Form 55002022-01-01498
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 participants2022-01-01498
Number of employers contributing to the scheme2022-01-010

Form 5500 Responses for GROUP LIFE AND HEALTH PLAN FOR EMPLOYEES OF PHOENIX CLOSURES, INC.

2022: GROUP LIFE AND HEALTH PLAN FOR EMPLOYEES OF PHOENIX CLOSURES, INC. 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01First time form 5500 has been submittedYes
2022-01-01Plan funding arrangement – InsuranceYes
2022-01-01Plan funding arrangement – General assets of the sponsorYes
2022-01-01Plan benefit arrangement – InsuranceYes
2022-01-01Plan benefit arrangement – General assets of the sponsorYes

Insurance Providers Used on plan

HARTFORD LIFE AND ACCIDENT INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 70815 )
Policy contract number892143G
Policy instance 1
Insurance contract or identification number892143G
Number of Individuals Covered498
Insurance policy start date2022-01-01
Insurance policy end date2022-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $9,379
Life Insurance Welfare BenefitYes
Long Term Disability Insurance Welfare BenefitYes
Other welfare benefits providedACCIDENTAL DEATH AND DISMEMBERMENT
Welfare Benefit Premiums Paid to CarrierUSD $251,438
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $0
Amount paid for insurance broker fees9379
Additional information about fees paid to insurance brokerBONUS
Insurance broker organization code?3
VISION SERVICE PLAN (National Association of Insurance Commissioners NAIC id number: 12516 )
Policy contract number12153051
Policy instance 2
Insurance contract or identification number12153051
Number of Individuals Covered444
Insurance policy start date2022-01-01
Insurance policy end date2022-12-31
Total amount of commissions paid to insurance brokerUSD $1,673
Total amount of fees paid to insurance companyUSD $0
Vision Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $67,525
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $1,673
Amount paid for insurance broker fees0
Additional information about fees paid to insurance brokerBONUS
Insurance broker organization code?3

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