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SERVISFIRST BANK HEALTH & WELFARE BENEFIT PLAN 401k Plan overview

Plan NameSERVISFIRST BANK HEALTH & WELFARE BENEFIT PLAN
Plan identification number 503

SERVISFIRST BANK HEALTH & WELFARE BENEFIT 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
  • Death benefits (include travel accident but not life insurance)

401k Sponsoring company profile

SERVISFIRST BANK has sponsored the creation of one or more 401k plans.

Company Name:SERVISFIRST BANK
Employer identification number (EIN):202451671
NAIC Classification:522110
NAIC Description:Commercial Banking

Additional information about SERVISFIRST BANK

Jurisdiction of Incorporation: Alabama Secretary of State
Incorporation Date: 2005-04-28
Company Identification Number: 241-206
Legal Registered Office Address: 850 SHADES CREEK PKWY STE 200 BIRMINGHAM,


United States of America (USA)
35209

More information about SERVISFIRST BANK

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SERVISFIRST BANK HEALTH & WELFARE BENEFIT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
5032022-06-01DANA MILLER2023-10-10
5032021-06-01DANA MILLER2022-09-14

Plan Statistics for SERVISFIRST BANK HEALTH & WELFARE BENEFIT PLAN

401k plan membership statisitcs for SERVISFIRST BANK HEALTH & WELFARE BENEFIT PLAN

Measure Date Value
2022: SERVISFIRST BANK HEALTH & WELFARE BENEFIT PLAN 2022 401k membership
Total participants, beginning-of-year2022-06-01529
Total number of active participants reported on line 7a of the Form 55002022-06-01578
Number of retired or separated participants receiving benefits2022-06-010
Number of other retired or separated participants entitled to future benefits2022-06-010
Total of all active and inactive participants2022-06-01578
Number of employers contributing to the scheme2022-06-010
2021: SERVISFIRST BANK HEALTH & WELFARE BENEFIT PLAN 2021 401k membership
Total participants, beginning-of-year2021-06-01504
Total number of active participants reported on line 7a of the Form 55002021-06-01529
Number of retired or separated participants receiving benefits2021-06-010
Number of other retired or separated participants entitled to future benefits2021-06-010
Total of all active and inactive participants2021-06-01529
Number of employers contributing to the scheme2021-06-010

Form 5500 Responses for SERVISFIRST BANK HEALTH & WELFARE BENEFIT PLAN

2022: SERVISFIRST BANK HEALTH & WELFARE BENEFIT 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: SERVISFIRST BANK HEALTH & WELFARE BENEFIT 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

THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA (National Association of Insurance Commissioners NAIC id number: 64246 )
Policy contract number403809
Policy instance 1
Insurance contract or identification number403809
Number of Individuals Covered578
Insurance policy start date2022-06-01
Insurance policy end date2023-05-31
Total amount of commissions paid to insurance brokerUSD $124,313
Total amount of fees paid to insurance companyUSD $0
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 providedACCIDENTAL DEATH AND DISMEMBERMENT, ACCIDENT, CRITICAL ILLNESS, CANCER
Welfare Benefit Premiums Paid to CarrierUSD $1,014,596
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $124,313
Amount paid for insurance broker fees0
Insurance broker organization code?3
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA (National Association of Insurance Commissioners NAIC id number: 64246 )
Policy contract number403809
Policy instance 1
Insurance contract or identification number403809
Number of Individuals Covered529
Insurance policy start date2021-06-01
Insurance policy end date2022-05-31
Total amount of commissions paid to insurance brokerUSD $125,610
Total amount of fees paid to insurance companyUSD $0
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 providedACCIDENTAL DEATH AND DISMEMBERMENT, ACCIDENT, CRITICAL ILLNESS, CANCER
Welfare Benefit Premiums Paid to CarrierUSD $1,034,648
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $125,610
Amount paid for insurance broker fees0
Insurance broker organization code?3

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