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BROOKLYN NAVY YARD LTD 401k Plan overview

Plan NameBROOKLYN NAVY YARD LTD
Plan identification number 502

BROOKLYN NAVY YARD LTD Benefits

401k Plan TypeWelfare Benefit
Plan Features/Benefits
  • Long-term disability cover
  • Unfunded, fully insured, or combination unfunded/insured welfare plan that will not file a Form 5500 for next plan year pursuant to 29 CFR 2520.104-20.
  • Unfunded, fully insured, or combination unfunded/insured welfare plan that stopped filing form 5500s in an earlier plan year pursuant to 29 CFR 2520.104-20.

401k Sponsoring company profile

BROOKLYN NAVY YARD DEVELOPMENT CORP. has sponsored the creation of one or more 401k plans.

Company Name:BROOKLYN NAVY YARD DEVELOPMENT CORP.
Employer identification number (EIN):112137138
NAIC Classification:531310

Form 5500 Filing Information

Submission information for form 5500 for 401k plan BROOKLYN NAVY YARD LTD

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
5022022-03-01COREY WALKER2023-09-18
5022021-03-01CHENEY CHERRY2022-09-13
5022020-03-01COREY WALKER2021-08-14
5022019-03-01COREY WALKER2020-09-18

Plan Statistics for BROOKLYN NAVY YARD LTD

401k plan membership statisitcs for BROOKLYN NAVY YARD LTD

Measure Date Value
2022: BROOKLYN NAVY YARD LTD 2022 401k membership
Total participants, beginning-of-year2022-03-0192
Total number of active participants reported on line 7a of the Form 55002022-03-01102
Number of retired or separated participants receiving benefits2022-03-010
Number of other retired or separated participants entitled to future benefits2022-03-010
Total of all active and inactive participants2022-03-01102
Number of employers contributing to the scheme2022-03-010
2021: BROOKLYN NAVY YARD LTD 2021 401k membership
Total participants, beginning-of-year2021-03-0194
Total number of active participants reported on line 7a of the Form 55002021-03-0192
Number of retired or separated participants receiving benefits2021-03-010
Number of other retired or separated participants entitled to future benefits2021-03-010
Total of all active and inactive participants2021-03-0192
Number of employers contributing to the scheme2021-03-010
2020: BROOKLYN NAVY YARD LTD 2020 401k membership
Total participants, beginning-of-year2020-03-01104
Total number of active participants reported on line 7a of the Form 55002020-03-0194
Number of retired or separated participants receiving benefits2020-03-010
Number of other retired or separated participants entitled to future benefits2020-03-010
Total of all active and inactive participants2020-03-0194
Number of employers contributing to the scheme2020-03-010
2019: BROOKLYN NAVY YARD LTD 2019 401k membership
Total participants, beginning-of-year2019-03-01100
Total number of active participants reported on line 7a of the Form 55002019-03-01104
Number of retired or separated participants receiving benefits2019-03-010
Number of other retired or separated participants entitled to future benefits2019-03-010
Total of all active and inactive participants2019-03-01104
Number of employers contributing to the scheme2019-03-010

Form 5500 Responses for BROOKLYN NAVY YARD LTD

2022: BROOKLYN NAVY YARD LTD 2022 form 5500 responses
2022-03-01Type of plan entitySingle employer plan
2022-03-01Plan funding arrangement – InsuranceYes
2022-03-01Plan benefit arrangement – InsuranceYes
2021: BROOKLYN NAVY YARD LTD 2021 form 5500 responses
2021-03-01Type of plan entitySingle employer plan
2021-03-01Plan funding arrangement – InsuranceYes
2021-03-01Plan benefit arrangement – InsuranceYes
2020: BROOKLYN NAVY YARD LTD 2020 form 5500 responses
2020-03-01Type of plan entitySingle employer plan
2020-03-01Plan funding arrangement – InsuranceYes
2020-03-01Plan benefit arrangement – InsuranceYes
2019: BROOKLYN NAVY YARD LTD 2019 form 5500 responses
2019-03-01Type of plan entitySingle employer plan
2019-03-01First time form 5500 has been submittedYes
2019-03-01Plan funding arrangement – InsuranceYes
2019-03-01Plan benefit arrangement – InsuranceYes

Insurance Providers Used on plan

MUTUAL OF OMAHA (National Association of Insurance Commissioners NAIC id number: 71412 )
Policy contract numberGMTD0AIGY
Policy instance 1
Insurance contract or identification numberGMTD0AIGY
Number of Individuals Covered102
Insurance policy start date2022-01-01
Insurance policy end date2022-12-31
Total amount of commissions paid to insurance brokerUSD $5,178
Total amount of fees paid to insurance companyUSD $2,179
Long Term Disability Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $34,523
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $5,178
Amount paid for insurance broker fees2179
Additional information about fees paid to insurance brokerOTHER COMPENSATION
Insurance broker organization code?3
MUTUAL OF OMAHA (National Association of Insurance Commissioners NAIC id number: 71412 )
Policy contract numberGMTD0AIGY
Policy instance 1
Insurance contract or identification numberGMTD0AIGY
Number of Individuals Covered92
Insurance policy start date2021-01-01
Insurance policy end date2021-12-31
Total amount of commissions paid to insurance brokerUSD $4,668
Total amount of fees paid to insurance companyUSD $1,868
Long Term Disability Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $31,122
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $4,668
Amount paid for insurance broker fees1868
Additional information about fees paid to insurance brokerOTHER COMPENSATION
Insurance broker organization code?3
MUTUAL OF OMAHA (National Association of Insurance Commissioners NAIC id number: 71412 )
Policy contract numberGMTD0AIGY
Policy instance 1
Insurance contract or identification numberGMTD0AIGY
Number of Individuals Covered94
Insurance policy start date2020-01-01
Insurance policy end date2020-12-31
Total amount of commissions paid to insurance brokerUSD $4,725
Total amount of fees paid to insurance companyUSD $2,278
Long Term Disability Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $31,498
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $4,725
Amount paid for insurance broker fees2278
Additional information about fees paid to insurance brokerOTHER COMPENSATION
Insurance broker organization code?3
MUTUAL OF OMAHA (National Association of Insurance Commissioners NAIC id number: 71412 )
Policy contract numberGMTD0AIGY
Policy instance 1
Insurance contract or identification numberGMTD0AIGY
Number of Individuals Covered104
Insurance policy start date2019-01-01
Insurance policy end date2019-12-31
Total amount of commissions paid to insurance brokerUSD $4,828
Total amount of fees paid to insurance companyUSD $1,888
Long Term Disability Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $32,184
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $4,828
Amount paid for insurance broker fees1888
Additional information about fees paid to insurance brokerOTHER COMPENSATION
Insurance broker organization code?3

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