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THE HEALTH AND WELFARE FOR EMPLOYEES OF SENSEONICS 401k Plan overview

Plan NameTHE HEALTH AND WELFARE FOR EMPLOYEES OF SENSEONICS
Plan identification number 501

THE HEALTH AND WELFARE FOR EMPLOYEES OF SENSEONICS Benefits

401k Plan TypeWelfare Benefit
Plan Features/Benefits
  • Health (other than dental or vision)
  • Life insurance
  • Dental
  • Vision
  • Temporary disability (accident and sickness)
  • Long-term disability cover
  • Death benefits (include travel accident but not life insurance)
  • Other welfare benefit cover
  • Unfunded, fully insured, or combination unfunded/insured welfare plan that will not file a Form 5500 for next plan year pursuant to 29 CFR 2520.104-20.
  • Unfunded, fully insured, or combination unfunded/insured welfare plan that stopped filing form 5500s in an earlier plan year pursuant to 29 CFR 2520.104-20.

401k Sponsoring company profile

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

Company Name:SENSEONICS, INC
Employer identification number (EIN):522000730
NAIC Classification:541700

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE HEALTH AND WELFARE FOR EMPLOYEES OF SENSEONICS

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
5012023-01-01RICK SULLIVAN2024-05-28
5012020-01-01RICK SULLIVAN2021-07-22
5012020-01-01RICK SULLIVAN2022-10-04
5012019-01-01YULIA SAYEGH2020-06-29

Plan Statistics for THE HEALTH AND WELFARE FOR EMPLOYEES OF SENSEONICS

401k plan membership statisitcs for THE HEALTH AND WELFARE FOR EMPLOYEES OF SENSEONICS

Measure Date Value
2023: THE HEALTH AND WELFARE FOR EMPLOYEES OF SENSEONICS 2023 401k membership
Total participants, beginning-of-year2023-01-01119
Total number of active participants reported on line 7a of the Form 55002023-01-01136
Number of retired or separated participants receiving benefits2023-01-010
Number of other retired or separated participants entitled to future benefits2023-01-010
Total of all active and inactive participants2023-01-01136
Number of employers contributing to the scheme2023-01-010
2020: THE HEALTH AND WELFARE FOR EMPLOYEES OF SENSEONICS 2020 401k membership
Total participants, beginning-of-year2020-01-01143
Total number of active participants reported on line 7a of the Form 55002020-01-0178
Number of retired or separated participants receiving benefits2020-01-0136
Number of other retired or separated participants entitled to future benefits2020-01-01142
Total of all active and inactive participants2020-01-01256
Number of employers contributing to the scheme2020-01-010
2019: THE HEALTH AND WELFARE FOR EMPLOYEES OF SENSEONICS 2019 401k membership
Total participants, beginning-of-year2019-01-01235
Total number of active participants reported on line 7a of the Form 55002019-01-01188
Number of retired or separated participants receiving benefits2019-01-010
Number of other retired or separated participants entitled to future benefits2019-01-010
Total of all active and inactive participants2019-01-01188
Number of employers contributing to the scheme2019-01-010

Form 5500 Responses for THE HEALTH AND WELFARE FOR EMPLOYEES OF SENSEONICS

2023: THE HEALTH AND WELFARE FOR EMPLOYEES OF SENSEONICS 2023 form 5500 responses
2023-01-01Type of plan entitySingle employer plan
2023-01-01Plan funding arrangement – InsuranceYes
2023-01-01Plan benefit arrangement – InsuranceYes
2020: THE HEALTH AND WELFARE FOR EMPLOYEES OF SENSEONICS 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedYes
2020-01-01Plan funding arrangement – InsuranceYes
2020-01-01Plan benefit arrangement – InsuranceYes
2019: THE HEALTH AND WELFARE FOR EMPLOYEES OF SENSEONICS 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01First time form 5500 has been submittedYes
2019-01-01Plan funding arrangement – InsuranceYes
2019-01-01Plan benefit arrangement – InsuranceYes

Insurance Providers Used on plan

CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES (National Association of Insurance Commissioners NAIC id number: 67369 )
Policy contract number618129
Policy instance 1
Insurance contract or identification number618129
Number of Individuals Covered165
Insurance policy start date2023-01-01
Insurance policy end date2023-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $111,402
Health Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $3,050,253
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA (National Association of Insurance Commissioners NAIC id number: 64246 )
Policy contract number580810
Policy instance 2
Insurance contract or identification number580810
Number of Individuals Covered133
Insurance policy start date2023-01-01
Insurance policy end date2023-12-31
Total amount of commissions paid to insurance brokerUSD $31,951
Total amount of fees paid to insurance companyUSD $6,095
Dental Insurance Welfare BenefitYes
Vision Insurance Welfare BenefitYes
Life Insurance Welfare BenefitYes
Temporary Disability Insurance Welfare BenefitYes
Long Term Disability Insurance Welfare BenefitYes
Other welfare benefits providedACCIDENTAL DEATH AND DISMEMBERMENT, EMPLOYEE ASSISTANCE PROGRAM, CRITICAL ILLNESS
Welfare Benefit Premiums Paid to CarrierUSD $322,292
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES (National Association of Insurance Commissioners NAIC id number: 67369 )
Policy contract number618129
Policy instance 1
STANDARD INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 69019 )
Policy contract number161028
Policy instance 2

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