| Plan Name | THE INSURANCE CORNER, LLC SELF FUNDED MEDICAL REIMBURSEMENT PLAN |
| Plan identification number | 501 |
| 401k Plan Type | Welfare Benefit |
| Plan Features/Benefits |
|
| Company Name: | THE INSURANCE CORNER, LLC |
| Employer identification number (EIN): | 454019585 |
| NAIC Classification: | 524210 |
| NAIC Description: | Insurance Agencies and Brokerages |
| Plan id# | Filing Submission Date | Name of Administrator | Date Administrator Signed | Name of Company Sponsor | Date Sponsor Signed |
|---|---|---|---|---|---|
| 501 | 2024-03-01 | ELLY WURDEMAN | |||
| 501 | 2023-03-01 | ||||
| 501 | 2023-03-01 | ELLY WURDEMAN |
| Measure | Date | Value |
|---|---|---|
| 2023: THE INSURANCE CORNER, LLC SELF FUNDED MEDICAL REIMBURSEMENT PLAN 2023 401k membership | ||
| Total participants, beginning-of-year | 2023-03-01 | 5 |
| Total number of active participants reported on line 7a of the Form 5500 | 2023-03-01 | 6 |
| Number of retired or separated participants receiving benefits | 2023-03-01 | 0 |
| Number of other retired or separated participants entitled to future benefits | 2023-03-01 | 0 |
| Total of all active and inactive participants | 2023-03-01 | 6 |
| Measure | Date | Value |
|---|---|---|
| 2024 : THE INSURANCE CORNER, LLC SELF FUNDED MEDICAL REIMBURSEMENT PLAN 2024 401k financial data | ||
| Total income from all sources | 2024-02-29 | $28,584 |
| Expenses. Total of all expenses incurred | 2024-02-29 | $19,826 |
| Benefits paid (including direct rollovers) | 2024-02-29 | $15,153 |
| Total plan assets at end of year | 2024-02-29 | $8,758 |
| Total plan assets at beginning of year | 2024-02-29 | $0 |
| Total contributions received or receivable from participants | 2024-02-29 | $17,805 |
| Other income received | 2024-02-29 | $395 |
| Net income (gross income less expenses) | 2024-02-29 | $8,758 |
| Net plan assets at end of year (total assets less liabilities) | 2024-02-29 | $8,758 |
| Net plan assets at beginning of year (total assets less liabilities) | 2024-02-29 | $0 |
| Total contributions received or receivable from employer(s) | 2024-02-29 | $10,384 |
| Expenses. Administrative service providers (salaries,fees and commissions) | 2024-02-29 | $4,673 |
| 2023: THE INSURANCE CORNER, LLC SELF FUNDED MEDICAL REIMBURSEMENT PLAN 2023 form 5500 responses | ||
|---|---|---|
| 2023-03-01 | Type of plan entity | Single employer plan |
| 2023-03-01 | First time form 5500 has been submitted | Yes |
| 2023-03-01 | Plan funding arrangement – Trust | Yes |
| 2023-03-01 | Plan benefit arrangement - Trust | Yes |