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HEALTH INSURANCE SOLUTIONS RETIREMENT PLAN 401k Plan overview

Plan NameHEALTH INSURANCE SOLUTIONS RETIREMENT PLAN
Plan identification number 001

HEALTH INSURANCE SOLUTIONS RETIREMENT PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

HEALTH INSURANCE SOLUTIONS, INC. has sponsored the creation of one or more 401k plans.

Company Name:HEALTH INSURANCE SOLUTIONS, INC.
Employer identification number (EIN):421566445
NAIC Classification:541990
NAIC Description:All Other Professional, Scientific, and Technical Services

Form 5500 Filing Information

Submission information for form 5500 for 401k plan HEALTH INSURANCE SOLUTIONS RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01NANETTE POSERINA2024-05-11
0012022-01-01NANETTE POSERINA2023-06-07
0012021-01-01NANETTE POSERINA2022-06-19
0012020-01-01NANETTE POSERINA2021-10-05

Plan Statistics for HEALTH INSURANCE SOLUTIONS RETIREMENT PLAN

401k plan membership statisitcs for HEALTH INSURANCE SOLUTIONS RETIREMENT PLAN

Measure Date Value
2025: HEALTH INSURANCE SOLUTIONS RETIREMENT PLAN 2025 401k membership
Total number of particpants at beginning of year2025-10-0210
Total number of particpants at end of year2025-10-0211
Number of Participants With Account Balances2025-10-0211
2024: HEALTH INSURANCE SOLUTIONS RETIREMENT PLAN 2024 401k membership
Total number of particpants at beginning of year2024-05-118
Total number of particpants at end of year2024-05-1110
Number of Participants With Account Balances2024-05-119
2022: HEALTH INSURANCE SOLUTIONS RETIREMENT PLAN 2022 401k membership
Total number of particpants at beginning of year2022-06-197
Total number of particpants at end of year2022-06-197
Number of Participants With Account Balances2022-06-197

Financial Data on HEALTH INSURANCE SOLUTIONS RETIREMENT PLAN

Measure Date Value
2025 : HEALTH INSURANCE SOLUTIONS RETIREMENT PLAN 2025 401k financial data
Total transfers to/from plan in this plan year2025-10-020
Total liabilities as of the end of the plan year2025-10-020
Total liabilities as of the beginning of the plan year2025-10-020
Total expenses incurred by plan in this plan year2025-10-0220276
Net assets as of the end of the plan year2025-10-02976725
Total assets as of the beginning of the plan year2025-10-02700218
Value of plan covered by a fidelity bond2025-10-022000000
Participant contributions to plan in this plan year2025-10-0279780
Other expenses paid from plan in this plan year2025-10-020
Other contributions to plan in this plan year2025-10-020
Other income to plan in this plan year2025-10-0297133
Plan net income in this plan year2025-10-02276507
Net assets as of the end of the plan year2025-10-02976725
Net assets as of the beginning of the plan year2025-10-02700218
Employer contributions to plan in this plan year2025-10-02119870
Fees paid to broker by Benefit Provider2025-10-02553
Expensese paid to adminstrative service provicers from plan in this plan year2025-10-028175
2024 : HEALTH INSURANCE SOLUTIONS RETIREMENT PLAN 2024 401k financial data
Total transfers to/from plan in this plan year2024-05-110
Total liabilities as of the end of the plan year2024-05-110
Total liabilities as of the beginning of the plan year2024-05-110
Total expenses incurred by plan in this plan year2024-05-1110060
Net assets as of the end of the plan year2024-05-11700218
Total assets as of the beginning of the plan year2024-05-11390696
Value of plan covered by a fidelity bond2024-05-111000000
Participant contributions to plan in this plan year2024-05-1167825
Other expenses paid from plan in this plan year2024-05-110
Other contributions to plan in this plan year2024-05-110
Other income to plan in this plan year2024-05-1186921
Plan net income in this plan year2024-05-11309522
Net assets as of the end of the plan year2024-05-11700218
Net assets as of the beginning of the plan year2024-05-11390696
Employer contributions to plan in this plan year2024-05-11164836
Fees paid to broker by Benefit Provider2024-05-11405
Expensese paid to adminstrative service provicers from plan in this plan year2024-05-115508
2022 : HEALTH INSURANCE SOLUTIONS RETIREMENT PLAN 2022 401k financial data
Total transfers to/from plan in this plan year2022-06-190
Total liabilities as of the end of the plan year2022-06-190
Total liabilities as of the beginning of the plan year2022-06-190
Total expenses incurred by plan in this plan year2022-06-192932
Net assets as of the end of the plan year2022-06-19324623
Total assets as of the beginning of the plan year2022-06-19201062
Value of plan covered by a fidelity bond2022-06-193000000
Participant contributions to plan in this plan year2022-06-1965648
Other expenses paid from plan in this plan year2022-06-190
Other contributions to plan in this plan year2022-06-190
Other income to plan in this plan year2022-06-1940756
Plan net income in this plan year2022-06-19123561
Net assets as of the end of the plan year2022-06-19324623
Net assets as of the beginning of the plan year2022-06-19201062
Employer contributions to plan in this plan year2022-06-1920089
Fees paid to broker by Benefit Provider2022-06-19199
Expensese paid to adminstrative service provicers from plan in this plan year2022-06-192884

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