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MINUTEMAN SECURITY TECHNOLOGIES, INC. CONSOLIDATED WELFARE BENEFITS PLAN 401k Plan overview

Plan NameMINUTEMAN SECURITY TECHNOLOGIES, INC. CONSOLIDATED WELFARE BENEFITS PLAN
Plan identification number 501

MINUTEMAN SECURITY TECHNOLOGIES, INC. CONSOLIDATED 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
  • Other welfare benefit cover

401k Sponsoring company profile

MINUTEMAN SECURITY TECHNOLOGIES, INC has sponsored the creation of one or more 401k plans.

Company Name:MINUTEMAN SECURITY TECHNOLOGIES, INC
Employer identification number (EIN):043025865
NAIC Classification:561600

Additional information about MINUTEMAN SECURITY TECHNOLOGIES, INC

Jurisdiction of Incorporation: Commonwealth of Massachusetts Corporations Division
Incorporation Date:
Company Identification Number: 043025865

More information about MINUTEMAN SECURITY TECHNOLOGIES, INC

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MINUTEMAN SECURITY TECHNOLOGIES, INC. CONSOLIDATED WELFARE BENEFITS PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
5012022-06-01CHRISTINE BISSON2023-11-07
5012021-06-01CHRISTINE BISSON2023-11-07

Plan Statistics for MINUTEMAN SECURITY TECHNOLOGIES, INC. CONSOLIDATED WELFARE BENEFITS PLAN

401k plan membership statisitcs for MINUTEMAN SECURITY TECHNOLOGIES, INC. CONSOLIDATED WELFARE BENEFITS PLAN

Measure Date Value
2022: MINUTEMAN SECURITY TECHNOLOGIES, INC. CONSOLIDATED WELFARE BENEFITS PLAN 2022 401k membership
Total participants, beginning-of-year2022-06-01150
Total number of active participants reported on line 7a of the Form 55002022-06-01160
Number of retired or separated participants receiving benefits2022-06-013
Total of all active and inactive participants2022-06-01163
2021: MINUTEMAN SECURITY TECHNOLOGIES, INC. CONSOLIDATED WELFARE BENEFITS PLAN 2021 401k membership
Total participants, beginning-of-year2021-06-01138
Total number of active participants reported on line 7a of the Form 55002021-06-01140
Number of retired or separated participants receiving benefits2021-06-011
Total of all active and inactive participants2021-06-01141

Form 5500 Responses for MINUTEMAN SECURITY TECHNOLOGIES, INC. CONSOLIDATED WELFARE BENEFITS PLAN

2022: MINUTEMAN SECURITY TECHNOLOGIES, INC. CONSOLIDATED WELFARE BENEFITS PLAN 2022 form 5500 responses
2022-06-01Type of plan entitySingle employer plan
2022-06-01Plan funding arrangement – InsuranceYes
2022-06-01Plan funding arrangement – General assets of the sponsorYes
2022-06-01Plan benefit arrangement – InsuranceYes
2022-06-01Plan benefit arrangement – General assets of the sponsorYes
2021: MINUTEMAN SECURITY TECHNOLOGIES, INC. CONSOLIDATED WELFARE BENEFITS PLAN 2021 form 5500 responses
2021-06-01Type of plan entitySingle employer plan
2021-06-01First time form 5500 has been submittedYes
2021-06-01Plan funding arrangement – InsuranceYes
2021-06-01Plan funding arrangement – General assets of the sponsorYes
2021-06-01Plan benefit arrangement – InsuranceYes
2021-06-01Plan benefit arrangement – General assets of the sponsorYes

Insurance Providers Used on plan

BLUE CROSS BLUE SHIELD OF MASSACHUSETTS, INC. (National Association of Insurance Commissioners NAIC id number: 53228 )
Policy contract number4960167
Policy instance 1
Insurance contract or identification number4960167
Number of Individuals Covered255
Insurance policy start date2022-06-01
Insurance policy end date2023-05-31
Total amount of commissions paid to insurance brokerUSD $43,615
Total amount of fees paid to insurance companyUSD $0
Health 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 $43,615
Insurance broker organization code?3
PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number1140418
Policy instance 2
Insurance contract or identification number1140418
Number of Individuals Covered308
Insurance policy start date2022-06-01
Insurance policy end date2023-05-31
Total amount of commissions paid to insurance brokerUSD $17,854
Total amount of fees paid to insurance companyUSD $2,536
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 providedCRITICAL ILLNESS AND ACCIDENT
Welfare Benefit Premiums Paid to CarrierUSD $234,658
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $17,854
Amount paid for insurance broker fees2536
Additional information about fees paid to insurance brokerBONUS
Insurance broker organization code?3
BLUE CROSS BLUE SHIELD OF MASSACHUSETTS, INC. (National Association of Insurance Commissioners NAIC id number: 53228 )
Policy contract number4960167
Policy instance 1
Insurance contract or identification number4960167
Number of Individuals Covered202
Insurance policy start date2021-06-01
Insurance policy end date2022-05-31
Total amount of commissions paid to insurance brokerUSD $52,191
Total amount of fees paid to insurance companyUSD $0
Health Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $1,318,699
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $52,191
Insurance broker organization code?3
PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number1140418
Policy instance 2
Insurance contract or identification number1140418
Number of Individuals Covered272
Insurance policy start date2021-06-01
Insurance policy end date2022-05-31
Total amount of commissions paid to insurance brokerUSD $16,982
Total amount of fees paid to insurance companyUSD $17,562
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 providedCRITICAL ILLNESS AND ACCIDENT
Welfare Benefit Premiums Paid to CarrierUSD $203,513
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $16,982
Amount paid for insurance broker fees17562
Additional information about fees paid to insurance brokerSERVICE FEE, BONUS
Insurance broker organization code?3

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