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BENSON WOODWORKING CO., INC 401k Plan overview

Plan NameBENSON WOODWORKING CO., INC
Plan identification number 503

BENSON WOODWORKING CO., INC Benefits

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

401k Sponsoring company profile

BENSON WOODWORKING CO., INC. has sponsored the creation of one or more 401k plans.

Company Name:BENSON WOODWORKING CO., INC.
Employer identification number (EIN):020367289
NAIC Classification:236110

Form 5500 Filing Information

Submission information for form 5500 for 401k plan BENSON WOODWORKING CO., INC

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
5032022-07-01BOB OBERLANDER2024-01-29
5032021-07-01BOB OBERLANDER2023-01-25

Plan Statistics for BENSON WOODWORKING CO., INC

401k plan membership statisitcs for BENSON WOODWORKING CO., INC

Measure Date Value
2022: BENSON WOODWORKING CO., INC 2022 401k membership
Total participants, beginning-of-year2022-07-01125
Total number of active participants reported on line 7a of the Form 55002022-07-01113
Number of retired or separated participants receiving benefits2022-07-010
Number of other retired or separated participants entitled to future benefits2022-07-010
Total of all active and inactive participants2022-07-01113
Number of employers contributing to the scheme2022-07-010
2021: BENSON WOODWORKING CO., INC 2021 401k membership
Total participants, beginning-of-year2021-07-01115
Total number of active participants reported on line 7a of the Form 55002021-07-01125
Number of retired or separated participants receiving benefits2021-07-010
Number of other retired or separated participants entitled to future benefits2021-07-010
Total of all active and inactive participants2021-07-01125
Number of employers contributing to the scheme2021-07-010

Form 5500 Responses for BENSON WOODWORKING CO., INC

2022: BENSON WOODWORKING CO., INC 2022 form 5500 responses
2022-07-01Type of plan entitySingle employer plan
2022-07-01Plan funding arrangement – InsuranceYes
2022-07-01Plan benefit arrangement – InsuranceYes
2021: BENSON WOODWORKING CO., INC 2021 form 5500 responses
2021-07-01Type of plan entitySingle employer plan
2021-07-01First time form 5500 has been submittedYes
2021-07-01Plan funding arrangement – InsuranceYes
2021-07-01Plan benefit arrangement – InsuranceYes

Insurance Providers Used on plan

SYMETRA LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 68608 )
Policy contract number01-020313-00
Policy instance 1
Insurance contract or identification number01-020313-00
Number of Individuals Covered113
Insurance policy start date2022-07-01
Insurance policy end date2023-06-30
Total amount of commissions paid to insurance brokerUSD $2,927
Total amount of fees paid to insurance companyUSD $1,660
Life Insurance Welfare BenefitYes
Other welfare benefits providedACCIDENTAL DEATH AND DISMEMBERMENT
Welfare Benefit Premiums Paid to CarrierUSD $19,509
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?Yes
Commission paid to Insurance BrokerUSD $2,927
Amount paid for insurance broker fees1660
Additional information about fees paid to insurance brokerFEES
Insurance broker organization code?3
SYMETRA LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 68608 )
Policy contract number01-020313-00
Policy instance 1
Insurance contract or identification number01-020313-00
Number of Individuals Covered125
Insurance policy start date2021-07-01
Insurance policy end date2022-06-30
Total amount of commissions paid to insurance brokerUSD $2,960
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 $19,732
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $2,960
Amount paid for insurance broker fees0
Insurance broker organization code?3

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