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HAMILTON MARINE, INC. WELFARE BENEFITS PLAN LIFE, AD&D 401k Plan overview

Plan NameHAMILTON MARINE, INC. WELFARE BENEFITS PLAN LIFE, AD&D
Plan identification number 503

HAMILTON MARINE, INC. WELFARE BENEFITS PLAN LIFE, AD&D Benefits

401k Plan TypeWelfare Benefit
Plan Features/Benefits
  • Life insurance
  • Death benefits (include travel accident but not life insurance)

401k Sponsoring company profile

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

Company Name:HAMILTON MARINE, INC.
Employer identification number (EIN):010406631
NAIC Classification:488300
NAIC Description: Support Activities for Water Transportation

Form 5500 Filing Information

Submission information for form 5500 for 401k plan HAMILTON MARINE, INC. WELFARE BENEFITS PLAN LIFE, AD&D

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
5032022-01-01ANDREW BLANCHARD2023-06-01
5032021-01-01ANDREW BLANCHARD2023-06-01
5032019-01-01ANDREW BLANCHARD2023-06-09

Plan Statistics for HAMILTON MARINE, INC. WELFARE BENEFITS PLAN LIFE, AD&D

401k plan membership statisitcs for HAMILTON MARINE, INC. WELFARE BENEFITS PLAN LIFE, AD&D

Measure Date Value
2022: HAMILTON MARINE, INC. WELFARE BENEFITS PLAN LIFE, AD&D 2022 401k membership
Total participants, beginning-of-year2022-01-01104
Total number of active participants reported on line 7a of the Form 55002022-01-01151
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 participants2022-01-01151
Number of employers contributing to the scheme2022-01-010
2021: HAMILTON MARINE, INC. WELFARE BENEFITS PLAN LIFE, AD&D 2021 401k membership
Total participants, beginning-of-year2021-01-01100
Total number of active participants reported on line 7a of the Form 55002021-01-01104
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 participants2021-01-01104
Number of employers contributing to the scheme2021-01-010
2019: HAMILTON MARINE, INC. WELFARE BENEFITS PLAN LIFE, AD&D 2019 401k membership
Total participants, beginning-of-year2019-01-01100
Total number of active participants reported on line 7a of the Form 55002019-01-01100
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 participants2019-01-01100
Number of employers contributing to the scheme2019-01-010

Form 5500 Responses for HAMILTON MARINE, INC. WELFARE BENEFITS PLAN LIFE, AD&D

2022: HAMILTON MARINE, INC. WELFARE BENEFITS PLAN LIFE, AD&D 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: HAMILTON MARINE, INC. WELFARE BENEFITS PLAN LIFE, AD&D 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Plan funding arrangement – InsuranceYes
2021-01-01Plan benefit arrangement – InsuranceYes
2019: HAMILTON MARINE, INC. WELFARE BENEFITS PLAN LIFE, AD&D 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

STANDARD INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 69019 )
Policy contract number168801
Policy instance 1
Insurance contract or identification number168801
Number of Individuals Covered151
Insurance policy start date2022-01-01
Insurance policy end date2022-12-31
Total amount of commissions paid to insurance brokerUSD $3,434
Total amount of fees paid to insurance companyUSD $2,257
Life Insurance Welfare BenefitYes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $1,355
Amount paid for insurance broker fees2257
Additional information about fees paid to insurance brokerADMINISTRATION
Insurance broker organization code?3
MONY (National Association of Insurance Commissioners NAIC id number: 78077 )
Policy contract number4925
Policy instance 1
Insurance contract or identification number4925
Number of Individuals Covered104
Insurance policy start date2021-01-01
Insurance policy end date2021-01-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Life Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $0
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
STANDARD INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 69019 )
Policy contract number168801
Policy instance 2
Insurance contract or identification number168801
Number of Individuals Covered159
Insurance policy start date2021-02-01
Insurance policy end date2021-12-31
Total amount of commissions paid to insurance brokerUSD $3,639
Total amount of fees paid to insurance companyUSD $2,092
Life Insurance Welfare BenefitYes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $2,173
Amount paid for insurance broker fees2092
Additional information about fees paid to insurance brokerCONTINGENT COMPENSATION
Insurance broker organization code?3
MONY (National Association of Insurance Commissioners NAIC id number: 78077 )
Policy contract number4925
Policy instance 1
Insurance contract or identification number4925
Number of Individuals Covered100
Insurance policy start date2019-01-01
Insurance policy end date2019-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Life Insurance Welfare BenefitYes
Other welfare benefits providedACCIDENTAL DEATH AND DISMEMBERMENT
Welfare Benefit Premiums Paid to CarrierUSD $0
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?Yes

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