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HEALTH REIMBURSEMENT ARRANGEMENT FOR TERMINATED OR RETIRED EMPLOYEES 401k Plan overview

Plan NameHEALTH REIMBURSEMENT ARRANGEMENT FOR TERMINATED OR RETIRED EMPLOYEES
Plan identification number 502

HEALTH REIMBURSEMENT ARRANGEMENT FOR TERMINATED OR RETIRED EMPLOYEES Benefits

401k Plan TypeWelfare Benefit
Plan Features/Benefits
  • Health (other than dental or vision)

401k Sponsoring company profile

GLOBAL CONNECTIONS TO EMPLOYMENT, INC. has sponsored the creation of one or more 401k plans.

Company Name:GLOBAL CONNECTIONS TO EMPLOYMENT, INC.
Employer identification number (EIN):472592811
NAIC Classification:561210
NAIC Description:Facilities Support Services

Form 5500 Filing Information

Submission information for form 5500 for 401k plan HEALTH REIMBURSEMENT ARRANGEMENT FOR TERMINATED OR RETIRED EMPLOYEES

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
5022022-01-01
5022021-01-01
5022020-01-01
5022019-01-01

Plan Statistics for HEALTH REIMBURSEMENT ARRANGEMENT FOR TERMINATED OR RETIRED EMPLOYEES

401k plan membership statisitcs for HEALTH REIMBURSEMENT ARRANGEMENT FOR TERMINATED OR RETIRED EMPLOYEES

Measure Date Value
2022: HEALTH REIMBURSEMENT ARRANGEMENT FOR TERMINATED OR RETIRED EMPLOYEES 2022 401k membership
Total participants, beginning-of-year2022-01-01224
Total number of active participants reported on line 7a of the Form 55002022-01-01211
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 participants2022-01-01211
2021: HEALTH REIMBURSEMENT ARRANGEMENT FOR TERMINATED OR RETIRED EMPLOYEES 2021 401k membership
Total participants, beginning-of-year2021-01-01240
Total number of active participants reported on line 7a of the Form 55002021-01-010
Number of retired or separated participants receiving benefits2021-01-01224
Number of other retired or separated participants entitled to future benefits2021-01-010
Total of all active and inactive participants2021-01-01224
2020: HEALTH REIMBURSEMENT ARRANGEMENT FOR TERMINATED OR RETIRED EMPLOYEES 2020 401k membership
Total participants, beginning-of-year2020-01-01256
Total number of active participants reported on line 7a of the Form 55002020-01-010
Number of retired or separated participants receiving benefits2020-01-01240
Number of other retired or separated participants entitled to future benefits2020-01-010
Total of all active and inactive participants2020-01-01240
2019: HEALTH REIMBURSEMENT ARRANGEMENT FOR TERMINATED OR RETIRED EMPLOYEES 2019 401k membership
Total participants, beginning-of-year2019-01-01151
Total number of active participants reported on line 7a of the Form 55002019-01-01251
Total of all active and inactive participants2019-01-01251

Financial Data on HEALTH REIMBURSEMENT ARRANGEMENT FOR TERMINATED OR RETIRED EMPLOYEES

Measure Date Value
2019 : HEALTH REIMBURSEMENT ARRANGEMENT FOR TERMINATED OR RETIRED EMPLOYEES 2019 401k financial data
Total unrealized appreciation/depreciation of assets2019-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total income from all sources (including contributions)2019-12-31$126,050
Total loss/gain on sale of assets2019-12-31$0
Total of all expenses incurred2019-12-31$33,594
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$13,696
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$126,050
Value of total assets at end of year2019-12-31$199,236
Value of total assets at beginning of year2019-12-31$106,780
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$19,898
Total interest from all sources2019-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Administrative expenses professional fees incurred2019-12-31$19,898
Was this plan covered by a fidelity bond2019-12-31No
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Value of net income/loss2019-12-31$92,456
Value of net assets at end of year (total assets less liabilities)2019-12-31$199,236
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$106,780
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Assets. Value of investments in 103.12 investment entities at end of year2019-12-31$199,236
Assets. Value of investments in 103.12 investment entities at beginning of year2019-12-31$106,780
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Contributions received in cash from employer2019-12-31$126,050
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$13,696
Did the plan have assets held for investment2019-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No

Form 5500 Responses for HEALTH REIMBURSEMENT ARRANGEMENT FOR TERMINATED OR RETIRED EMPLOYEES

2022: HEALTH REIMBURSEMENT ARRANGEMENT FOR TERMINATED OR RETIRED EMPLOYEES 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedNo
2022-01-01This submission is the final filingNo
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – General assets of the sponsorYes
2022-01-01Plan benefit arrangement – General assets of the sponsorYes
2021: HEALTH REIMBURSEMENT ARRANGEMENT FOR TERMINATED OR RETIRED EMPLOYEES 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedNo
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – General assets of the sponsorYes
2021-01-01Plan benefit arrangement – General assets of the sponsorYes
2020: HEALTH REIMBURSEMENT ARRANGEMENT FOR TERMINATED OR RETIRED EMPLOYEES 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – General assets of the sponsorYes
2020-01-01Plan benefit arrangement – General assets of the sponsorYes
2019: HEALTH REIMBURSEMENT ARRANGEMENT FOR TERMINATED OR RETIRED EMPLOYEES 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 – TrustYes
2019-01-01Plan benefit arrangement - TrustYes

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