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BIDADOO, INC. GROUP DISABILITY PLAN 401k Plan overview

Plan NameBIDADOO, INC. GROUP DISABILITY PLAN
Plan identification number 502

BIDADOO, INC. GROUP DISABILITY PLAN Benefits

401k Plan TypeWelfare Benefit
Plan Features/Benefits
  • Health (other than dental or vision)
  • Life insurance
  • Temporary disability (accident and sickness)
  • Long-term disability cover
  • Death benefits (include travel accident but not life insurance)

401k Sponsoring company profile

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

Company Name:BIDADOO, INC.
Employer identification number (EIN):200507870
NAIC Classification:454390
NAIC Description:Other Direct Selling Establishments

Form 5500 Filing Information

Submission information for form 5500 for 401k plan BIDADOO, INC. GROUP DISABILITY PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
5022023-06-01NIKKI SIDES2024-12-11

Form 5500 Responses for BIDADOO, INC. GROUP DISABILITY PLAN

2023: BIDADOO, INC. GROUP DISABILITY PLAN 2023 form 5500 responses
2023-06-01Type of plan entitySingle employer plan
2023-06-01First time form 5500 has been submittedYes
2023-06-01Plan funding arrangement – InsuranceYes
2023-06-01Plan benefit arrangement – InsuranceYes

Insurance Providers Used on plan

METROPOLITAN LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65978 )
Policy contract number5395960
Policy instance 1
Insurance contract or identification number5395960
Number of Individuals Covered169
Insurance policy start date2023-06-01
Insurance policy end date2024-05-31
Total amount of commissions paid to insurance brokerUSD $5,816
Total amount of fees paid to insurance companyUSD $3,122
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitYes
Temporary Disability Insurance Welfare BenefitYes
Long Term Disability Insurance Welfare BenefitYes
Unemployment Insurance Welfare BenefitNo
Other welfare benefits providedACCIDENTAL DEATH AND DISMEMBERMENT, ACCIDENT, CRITICAL ILLNESS
Welfare Benefit Premiums Paid to CarrierUSD $52,665
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?Yes

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