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LAGOS, INC. GROUP MEDICAL PLAN 401k Plan overview

Plan NameLAGOS, INC. GROUP MEDICAL PLAN
Plan identification number 501

LAGOS, INC. GROUP MEDICAL 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

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

Company Name:LAGOS, INC.
Employer identification number (EIN):232341897
NAIC Classification:423940
NAIC Description:Jewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesalers

Additional information about LAGOS, INC.

Jurisdiction of Incorporation: Washington Secretary of State Corporations Division
Incorporation Date: 1992-01-23
Company Identification Number: 601363546
Legal Registered Office Address: 13504 111TH ST CT E

PUYALLUP
United States of America (USA)
98374

More information about LAGOS, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan LAGOS, INC. GROUP MEDICAL PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
5012024-01-01KEITH ROLFE
5012023-01-01
5012023-01-01KEITH ROLFE
5012022-01-01
5012022-01-01KEITH ROLFE
5012021-01-01
5012021-01-01KEITH ROLFE
5012020-10-01
5012019-10-01

Financial Data on LAGOS, INC. GROUP MEDICAL PLAN

Measure Date Value
2024 : LAGOS, INC. GROUP MEDICAL PLAN 2024 401k financial data
Total plan liabilities at end of year2024-01-01$170,362
Total plan liabilities at beginning of year2024-01-01$275,884
Total income from all sources2024-01-01$1,769,957
Expenses. Total of all expenses incurred2024-01-01$1,539,659
Benefits paid (including direct rollovers)2024-01-01$1,063,434
Total plan assets at end of year2024-01-01$134,588
Total plan assets at beginning of year2024-01-01$9,812
Value of fidelity bond covering the plan2024-01-01$500,000
Total contributions received or receivable from participants2024-01-01$195,600
Expenses. Other expenses not covered elsewhere2024-01-01$463,683
Contributions received from other sources (not participants or employers)2024-01-01$37,899
Other income received2024-01-01$2,934
Net income (gross income less expenses)2024-01-01$230,298
Net plan assets at end of year (total assets less liabilities)2024-01-01$-35,774
Net plan assets at beginning of year (total assets less liabilities)2024-01-01$-266,072
Total contributions received or receivable from employer(s)2024-01-01$1,533,524
Value of corrective distributions2024-01-01$0
Expenses. Administrative service providers (salaries,fees and commissions)2024-01-01$12,542
2023 : LAGOS, INC. GROUP MEDICAL PLAN 2023 401k financial data
Total plan liabilities at end of year2023-12-31$275,884
Total plan liabilities at beginning of year2023-12-31$78,194
Total income from all sources2023-12-31$1,427,604
Expenses. Total of all expenses incurred2023-12-31$1,664,146
Benefits paid (including direct rollovers)2023-12-31$1,201,469
Total plan assets at end of year2023-12-31$9,812
Total plan assets at beginning of year2023-12-31$48,664
Value of fidelity bond covering the plan2023-12-31$500,000
Total contributions received or receivable from participants2023-12-31$123,415
Expenses. Other expenses not covered elsewhere2023-12-31$431,690
Contributions received from other sources (not participants or employers)2023-12-31$9,492
Other income received2023-12-31$1,092
Net income (gross income less expenses)2023-12-31$-236,542
Net plan assets at end of year (total assets less liabilities)2023-12-31$-266,072
Net plan assets at beginning of year (total assets less liabilities)2023-12-31$-29,530
Total contributions received or receivable from employer(s)2023-12-31$1,293,605
Value of corrective distributions2023-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2023-12-31$30,987
2022 : LAGOS, INC. GROUP MEDICAL PLAN 2022 401k financial data
Total plan liabilities at end of year2022-12-31$78,194
Total plan liabilities at beginning of year2022-12-31$122,895
Total income from all sources2022-12-31$1,153,499
Expenses. Total of all expenses incurred2022-12-31$1,151,471
Benefits paid (including direct rollovers)2022-12-31$769,673
Total plan assets at end of year2022-12-31$48,664
Total plan assets at beginning of year2022-12-31$91,337
Value of fidelity bond covering the plan2022-12-31$500,000
Total contributions received or receivable from participants2022-12-31$165,686
Expenses. Other expenses not covered elsewhere2022-12-31$350,250
Contributions received from other sources (not participants or employers)2022-12-31$869,853
Other income received2022-12-31$238
Net income (gross income less expenses)2022-12-31$2,028
Net plan assets at end of year (total assets less liabilities)2022-12-31$-29,530
Net plan assets at beginning of year (total assets less liabilities)2022-12-31$-31,558
Total contributions received or receivable from employer(s)2022-12-31$117,722
Value of corrective distributions2022-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2022-12-31$31,548
2021 : LAGOS, INC. GROUP MEDICAL PLAN 2021 401k financial data
Total plan liabilities at end of year2021-12-31$122,895
Total plan liabilities at beginning of year2021-12-31$66,131
Total income from all sources2021-12-31$823,362
Expenses. Total of all expenses incurred2021-12-31$848,378
Benefits paid (including direct rollovers)2021-12-31$561,526
Total plan assets at end of year2021-12-31$91,337
Total plan assets at beginning of year2021-12-31$59,589
Value of fidelity bond covering the plan2021-12-31$500,000
Total contributions received or receivable from participants2021-12-31$148,630
Expenses. Other expenses not covered elsewhere2021-12-31$260,293
Contributions received from other sources (not participants or employers)2021-12-31$14,182
Other income received2021-12-31$157
Net income (gross income less expenses)2021-12-31$-25,016
Net plan assets at end of year (total assets less liabilities)2021-12-31$-31,558
Net plan assets at beginning of year (total assets less liabilities)2021-12-31$-6,542
Total contributions received or receivable from employer(s)2021-12-31$660,393
Expenses. Administrative service providers (salaries,fees and commissions)2021-12-31$26,559
2020 : LAGOS, INC. GROUP MEDICAL PLAN 2020 401k financial data
Total plan liabilities at end of year2020-12-31$66,131
Total plan liabilities at beginning of year2020-12-31$68,968
Total income from all sources2020-12-31$167,051
Expenses. Total of all expenses incurred2020-12-31$167,833
Benefits paid (including direct rollovers)2020-12-31$111,933
Total plan assets at end of year2020-12-31$59,589
Total plan assets at beginning of year2020-12-31$63,208
Value of fidelity bond covering the plan2020-12-31$500,000
Total contributions received or receivable from participants2020-12-31$36,230
Expenses. Other expenses not covered elsewhere2020-12-31$49,332
Contributions received from other sources (not participants or employers)2020-12-31$3,458
Other income received2020-12-31$52
Net income (gross income less expenses)2020-12-31$-782
Net plan assets at end of year (total assets less liabilities)2020-12-31$-6,542
Net plan assets at beginning of year (total assets less liabilities)2020-12-31$-5,760
Total contributions received or receivable from employer(s)2020-12-31$127,311
Expenses. Administrative service providers (salaries,fees and commissions)2020-12-31$6,568
Total plan liabilities at end of year2020-09-30$68,968
Total plan liabilities at beginning of year2020-09-30$0
Total income from all sources2020-09-30$1,045,912
Expenses. Total of all expenses incurred2020-09-30$1,051,672
Benefits paid (including direct rollovers)2020-09-30$693,787
Total plan assets at end of year2020-09-30$63,208
Total plan assets at beginning of year2020-09-30$0
Value of fidelity bond covering the plan2020-09-30$500,000
Total contributions received or receivable from participants2020-09-30$166,280
Expenses. Other expenses not covered elsewhere2020-09-30$312,185
Contributions received from other sources (not participants or employers)2020-09-30$8,869
Other income received2020-09-30$200
Net income (gross income less expenses)2020-09-30$-5,760
Net plan assets at end of year (total assets less liabilities)2020-09-30$-5,760
Net plan assets at beginning of year (total assets less liabilities)2020-09-30$0
Total contributions received or receivable from employer(s)2020-09-30$870,563
Expenses. Administrative service providers (salaries,fees and commissions)2020-09-30$45,700

Form 5500 Responses for LAGOS, INC. GROUP MEDICAL PLAN

2023: LAGOS, INC. GROUP MEDICAL PLAN 2023 form 5500 responses
2023-01-01Type of plan entitySingle employer plan
2023-01-01Submission has been amendedNo
2023-01-01This submission is the final filingNo
2023-01-01This return/report is a short plan year return/report (less than 12 months)No
2023-01-01Plan is a collectively bargained planNo
2023-01-01Plan funding arrangement – InsuranceYes
2023-01-01Plan funding arrangement – TrustYes
2023-01-01Plan funding arrangement – General assets of the sponsorYes
2023-01-01Plan benefit arrangement – InsuranceYes
2023-01-01Plan benefit arrangement - TrustYes
2023-01-01Plan benefit arrangement – General assets of the sponsorYes
2022: LAGOS, INC. GROUP MEDICAL PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedNo
2022-01-01This submission is the final filingNo
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – InsuranceYes
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan funding arrangement – General assets of the sponsorYes
2022-01-01Plan benefit arrangement – InsuranceYes
2022-01-01Plan benefit arrangement - TrustYes
2022-01-01Plan benefit arrangement – General assets of the sponsorYes
2021: LAGOS, INC. GROUP MEDICAL PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedNo
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – InsuranceYes
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement – InsuranceYes
2021-01-01Plan benefit arrangement - TrustYes
2020: LAGOS, INC. GROUP MEDICAL PLAN 2020 form 5500 responses
2020-10-01Type of plan entitySingle employer plan
2020-10-01Submission has been amendedNo
2020-10-01This submission is the final filingNo
2020-10-01This return/report is a short plan year return/report (less than 12 months)Yes
2020-10-01Plan is a collectively bargained planNo
2020-10-01Plan funding arrangement – InsuranceYes
2020-10-01Plan funding arrangement – TrustYes
2020-10-01Plan benefit arrangement – InsuranceYes
2020-10-01Plan benefit arrangement - TrustYes
2019: LAGOS, INC. GROUP MEDICAL PLAN 2019 form 5500 responses
2019-10-01Type of plan entitySingle employer plan
2019-10-01First time form 5500 has been submittedYes
2019-10-01Submission has been amendedNo
2019-10-01This submission is the final filingNo
2019-10-01This return/report is a short plan year return/report (less than 12 months)No
2019-10-01Plan is a collectively bargained planNo
2019-10-01Plan funding arrangement – InsuranceYes
2019-10-01Plan funding arrangement – TrustYes
2019-10-01Plan benefit arrangement – InsuranceYes
2019-10-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

METROPOLITAN LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65978 )
Policy contract number5940301
Policy instance 3
Insurance contract or identification number5940301
Number of Individuals Covered181
Insurance policy start date2023-01-01
Insurance policy end date2023-12-31
Total amount of commissions paid to insurance brokerUSD $11,244
Total amount of fees paid to insurance companyUSD $1,786
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitYes
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 providedAD&D
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Welfare Benefit Premiums Paid to CarrierUSD $124,300
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
UNITEDHEALTHCARE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 79413 )
Policy contract number07Y4595
Policy instance 2
Insurance contract or identification number07Y4595
Number of Individuals Covered68
Insurance policy start date2023-01-01
Insurance policy end date2023-12-31
Total amount of commissions paid to insurance brokerUSD $571
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitYes
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Welfare Benefit Premiums Paid to CarrierUSD $5,706
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
UNIMERICA INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 91529 )
Policy contract numberUNI-203154
Policy instance 1
Insurance contract or identification numberUNI-203154
Number of Individuals Covered96
Insurance policy start date2023-01-01
Insurance policy end date2023-12-31
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Welfare Benefit Premiums Paid to CarrierUSD $365,273
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
UNIMERICA INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 91529 )
Policy contract number203154
Policy instance 4
Insurance contract or identification number203154
Number of Individuals Covered88
Insurance policy start date2022-01-01
Insurance policy end date2022-12-31
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Welfare Benefit Premiums Paid to CarrierUSD $291,964
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
METROPOLITAN LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65978 )
Policy contract number5940301
Policy instance 3
Insurance contract or identification number5940301
Number of Individuals Covered180
Insurance policy start date2022-01-01
Insurance policy end date2022-12-31
Total amount of commissions paid to insurance brokerUSD $10,168
Total amount of fees paid to insurance companyUSD $1,715
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitYes
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 providedAD&D
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Welfare Benefit Premiums Paid to CarrierUSD $112,035
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
UNITEDHEALTHCARE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 79413 )
Policy contract number07Y4595
Policy instance 2
Insurance contract or identification number07Y4595
Number of Individuals Covered65
Insurance policy start date2022-01-01
Insurance policy end date2022-12-31
Total amount of commissions paid to insurance brokerUSD $513
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitYes
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Welfare Benefit Premiums Paid to CarrierUSD $4,727
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
EVEREST REINSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 26921 )
Policy contract number30500469
Policy instance 1
Insurance contract or identification number30500469
Number of Individuals Covered88
Insurance policy start date2022-01-01
Insurance policy end date2022-12-31
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Welfare Benefit Premiums Paid to CarrierUSD $-175
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
METROPOLITAN LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65978 )
Policy contract number5940301
Policy instance 3
UNITEDHEALTHCARE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 79413 )
Policy contract number07Y4595
Policy instance 2
EVEREST REINSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 26921 )
Policy contract number30500469
Policy instance 1
EVEREST REINSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 26921 )
Policy contract number30500469
Policy instance 1
EVEREST REINSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 26921 )
Policy contract number30500469
Policy instance 1

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