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PRECISION GLOBAL CONSULTING INC 401k Plan overview

Plan NamePRECISION GLOBAL CONSULTING INC
Plan identification number 501

PRECISION GLOBAL CONSULTING INC Benefits

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

401k Sponsoring company profile

PRECISION GLOBAL CONSULTING, INC. has sponsored the creation of one or more 401k plans.

Company Name:PRECISION GLOBAL CONSULTING, INC.
Employer identification number (EIN):912074107
NAIC Classification:541214
NAIC Description:Payroll Services

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PRECISION GLOBAL CONSULTING INC

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
5012022-01-01SARAH COLLINS2023-05-08
5012021-01-01SARAH COLLINS2022-04-11
5012020-01-01SARAH COLLINS2021-07-06
5012019-01-01SARAH COLLINS2020-04-06
5012018-01-01
5012017-03-01

Plan Statistics for PRECISION GLOBAL CONSULTING INC

401k plan membership statisitcs for PRECISION GLOBAL CONSULTING INC

Measure Date Value
2022: PRECISION GLOBAL CONSULTING INC 2022 401k membership
Total participants, beginning-of-year2022-01-01308
Total number of active participants reported on line 7a of the Form 55002022-01-01337
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 participants2022-01-01337
Number of employers contributing to the scheme2022-01-010
2021: PRECISION GLOBAL CONSULTING INC 2021 401k membership
Total participants, beginning-of-year2021-01-01202
Total number of active participants reported on line 7a of the Form 55002021-01-01314
Number of retired or separated participants receiving benefits2021-01-010
Number of other retired or separated participants entitled to future benefits2021-01-010
Total of all active and inactive participants2021-01-01314
Number of employers contributing to the scheme2021-01-010
2020: PRECISION GLOBAL CONSULTING INC 2020 401k membership
Total participants, beginning-of-year2020-01-01209
Total number of active participants reported on line 7a of the Form 55002020-01-01163
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-010
Total of all active and inactive participants2020-01-01163
Number of employers contributing to the scheme2020-01-010
2019: PRECISION GLOBAL CONSULTING INC 2019 401k membership
Total participants, beginning-of-year2019-01-01246
Total number of active participants reported on line 7a of the Form 55002019-01-01214
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 participants2019-01-01214
Number of employers contributing to the scheme2019-01-010
2018: PRECISION GLOBAL CONSULTING INC 2018 401k membership
Total participants, beginning-of-year2018-01-01225
Total number of active participants reported on line 7a of the Form 55002018-01-01214
Number of retired or separated participants receiving benefits2018-01-0132
Number of other retired or separated participants entitled to future benefits2018-01-010
Total of all active and inactive participants2018-01-01246
Number of employers contributing to the scheme2018-01-010
2017: PRECISION GLOBAL CONSULTING INC 2017 401k membership
Total participants, beginning-of-year2017-03-01200
Total number of active participants reported on line 7a of the Form 55002017-03-01200
Number of retired or separated participants receiving benefits2017-03-0125
Number of other retired or separated participants entitled to future benefits2017-03-010
Total of all active and inactive participants2017-03-01225

Form 5500 Responses for PRECISION GLOBAL CONSULTING INC

2022: PRECISION GLOBAL CONSULTING INC 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Plan funding arrangement – InsuranceYes
2022-01-01Plan benefit arrangement – InsuranceYes
2021: PRECISION GLOBAL CONSULTING INC 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Plan funding arrangement – InsuranceYes
2021-01-01Plan benefit arrangement – InsuranceYes
2020: PRECISION GLOBAL CONSULTING INC 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Plan funding arrangement – InsuranceYes
2020-01-01Plan benefit arrangement – InsuranceYes
2019: PRECISION GLOBAL CONSULTING INC 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Plan funding arrangement – General assets of the sponsorYes
2019-01-01Plan benefit arrangement – General assets of the sponsorYes
2018: PRECISION GLOBAL CONSULTING INC 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Plan funding arrangement – General assets of the sponsorYes
2018-01-01Plan benefit arrangement – General assets of the sponsorYes
2017: PRECISION GLOBAL CONSULTING INC 2017 form 5500 responses
2017-03-01Type of plan entitySingle employer plan
2017-03-01First time form 5500 has been submittedYes
2017-03-01This return/report is a short plan year return/report (less than 12 months)Yes
2017-03-01Plan funding arrangement – General assets of the sponsorYes
2017-03-01Plan benefit arrangement – General assets of the sponsorYes

Insurance Providers Used on plan

EMPIRE HEALTHCHOICE ASSURANCE, INC. (National Association of Insurance Commissioners NAIC id number: 55093 )
Policy contract number300546
Policy instance 1
Insurance contract or identification number300546
Number of Individuals Covered634
Insurance policy start date2022-01-01
Insurance policy end date2022-12-31
Total amount of commissions paid to insurance brokerUSD $141,302
Total amount of fees paid to insurance companyUSD $72,121
Health Insurance Welfare BenefitYes
Dental Insurance Welfare BenefitYes
Vision Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $3,963,483
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $141,302
Amount paid for insurance broker fees0
Insurance broker organization code?3
Additional information about fees paid to insurance brokerFEES
EMPIRE HEALTHCHOICE ASSURANCE, INC. (National Association of Insurance Commissioners NAIC id number: 55093 )
Policy contract number300546
Policy instance 1
Insurance contract or identification number300546
Number of Individuals Covered565
Insurance policy start date2021-01-01
Insurance policy end date2021-12-31
Total amount of commissions paid to insurance brokerUSD $104,104
Total amount of fees paid to insurance companyUSD $91,417
Health Insurance Welfare BenefitYes
Dental Insurance Welfare BenefitYes
Vision Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $2,749,190
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $104,104
Amount paid for insurance broker fees1876
Additional information about fees paid to insurance brokerFEES
Insurance broker organization code?3
UNITEDHEALTHCARE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 79413 )
Policy contract number920157
Policy instance 1
Insurance contract or identification number920157
Number of Individuals Covered244
Insurance policy start date2020-01-01
Insurance policy end date2020-12-31
Total amount of commissions paid to insurance brokerUSD $108,277
Total amount of fees paid to insurance companyUSD $0
Health Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $1,814,847
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $71,681
Amount paid for insurance broker fees0
Insurance broker organization code?3

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