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BAY COLONY COMMUNITY ASSOCIATION, INC. WELFARE BENEFITS PLAN 401k Plan overview

Plan NameBAY COLONY COMMUNITY ASSOCIATION, INC. WELFARE BENEFITS PLAN
Plan identification number 501

BAY COLONY COMMUNITY ASSOCIATION, INC. WELFARE BENEFITS PLAN 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)

401k Sponsoring company profile

BAY COLONY COMMUNITY ASSOCIATION, INC. has sponsored the creation of one or more 401k plans.

Company Name:BAY COLONY COMMUNITY ASSOCIATION, INC.
Employer identification number (EIN):650259394
NAIC Classification:813000
NAIC Description: Religious, Grantmaking, Civic, Professional, and Similar Organizations

Additional information about BAY COLONY COMMUNITY ASSOCIATION, INC.

Jurisdiction of Incorporation: Florida Department of State Division of Corporations
Incorporation Date: 1988-05-23
Company Identification Number: N26556
Legal Registered Office Address: C/O BAY COLONY COMMUNITY ASSOCIATION INC

NAPLES

34108

More information about BAY COLONY COMMUNITY ASSOCIATION, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan BAY COLONY COMMUNITY ASSOCIATION, INC. WELFARE BENEFITS PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
5012022-05-01LUANN GIOVANNELLI2023-10-20

Plan Statistics for BAY COLONY COMMUNITY ASSOCIATION, INC. WELFARE BENEFITS PLAN

401k plan membership statisitcs for BAY COLONY COMMUNITY ASSOCIATION, INC. WELFARE BENEFITS PLAN

Measure Date Value
2022: BAY COLONY COMMUNITY ASSOCIATION, INC. WELFARE BENEFITS PLAN 2022 401k membership
Total participants, beginning-of-year2022-05-01104
Total number of active participants reported on line 7a of the Form 55002022-05-01102
Number of retired or separated participants receiving benefits2022-05-010
Number of other retired or separated participants entitled to future benefits2022-05-010
Total of all active and inactive participants2022-05-01102
Number of employers contributing to the scheme2022-05-010

Form 5500 Responses for BAY COLONY COMMUNITY ASSOCIATION, INC. WELFARE BENEFITS PLAN

2022: BAY COLONY COMMUNITY ASSOCIATION, INC. WELFARE BENEFITS PLAN 2022 form 5500 responses
2022-05-01Type of plan entitySingle employer plan
2022-05-01First time form 5500 has been submittedYes
2022-05-01Plan funding arrangement – InsuranceYes
2022-05-01Plan funding arrangement – General assets of the sponsorYes
2022-05-01Plan benefit arrangement – InsuranceYes
2022-05-01Plan benefit arrangement – General assets of the sponsorYes

Insurance Providers Used on plan

THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA (National Association of Insurance Commissioners NAIC id number: 64246 )
Policy contract number474962
Policy instance 1
Insurance contract or identification number474962
Number of Individuals Covered102
Insurance policy start date2022-05-01
Insurance policy end date2022-06-30
Total amount of commissions paid to insurance brokerUSD $1,262
Total amount of fees paid to insurance companyUSD $0
Dental 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, ACCIDENT, CRITICAL ILLNESS
Welfare Benefit Premiums Paid to CarrierUSD $12,061
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $1,262
Amount paid for insurance broker fees0
Insurance broker organization code?3
EYEMED VISION CARE (National Association of Insurance Commissioners NAIC id number: 71870 )
Policy contract number50002901001
Policy instance 2
Insurance contract or identification number50002901001
Number of Individuals Covered65
Insurance policy start date2022-05-01
Insurance policy end date2022-06-30
Total amount of commissions paid to insurance brokerUSD $76
Total amount of fees paid to insurance companyUSD $0
Vision Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $686
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $76
Amount paid for insurance broker fees0
Insurance broker organization code?3

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