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FAIRFIELD-MAXWELL LONG TERM DISABILITY 401k Plan overview

Plan NameFAIRFIELD-MAXWELL LONG TERM DISABILITY
Plan identification number 502

FAIRFIELD-MAXWELL LONG TERM DISABILITY 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.

401k Sponsoring company profile

FAIRFIELD-MAXWELL, LTD has sponsored the creation of one or more 401k plans.

Company Name:FAIRFIELD-MAXWELL, LTD
Employer identification number (EIN):131878439
NAIC Classification:541360
NAIC Description:Geophysical Surveying and Mapping Services

Form 5500 Filing Information

Submission information for form 5500 for 401k plan FAIRFIELD-MAXWELL LONG TERM DISABILITY

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
5022020-01-01KARITA HANNON2021-07-29

Plan Statistics for FAIRFIELD-MAXWELL LONG TERM DISABILITY

401k plan membership statisitcs for FAIRFIELD-MAXWELL LONG TERM DISABILITY

Measure Date Value
2020: FAIRFIELD-MAXWELL LONG TERM DISABILITY 2020 401k membership
Total participants, beginning-of-year2020-01-01111
Total number of active participants reported on line 7a of the Form 55002020-01-0186
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 participants2020-01-0186
Number of employers contributing to the scheme2020-01-010

Form 5500 Responses for FAIRFIELD-MAXWELL LONG TERM DISABILITY

2020: FAIRFIELD-MAXWELL LONG TERM DISABILITY 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Plan funding arrangement – InsuranceYes
2020-01-01Plan benefit arrangement – InsuranceYes

Insurance Providers Used on plan

LIBERTY LIFE ASSURANCE COMPANY OF BOSTON (National Association of Insurance Commissioners NAIC id number: 65315 )
Policy contract numberGF389046605701
Policy instance 1
Insurance contract or identification numberGF389046605701
Number of Individuals Covered26
Insurance policy start date2020-01-01
Insurance policy end date2020-12-31
Total amount of commissions paid to insurance brokerUSD $11,430
Total amount of fees paid to insurance companyUSD $-3,483
Long Term Disability Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $55,038
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $11,430
Amount paid for insurance broker fees-3483
Additional information about fees paid to insurance brokerSUPPLEMENTAL COMPENSATION
Insurance broker organization code?3

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