THE SAGE CORPORATION has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan THE SAGE CORPORATION GROUP MEDICAL PLAN
| Measure | Date | Value |
|---|
| 2022: THE SAGE CORPORATION GROUP MEDICAL PLAN 2022 401k membership |
|---|
| Total participants, beginning-of-year | 2022-01-01 | 45 |
| Total number of active participants reported on line 7a of the Form 5500 | 2022-01-01 | 0 |
| Number of retired or separated participants receiving benefits | 2022-01-01 | 0 |
| Number of other retired or separated participants entitled to future benefits | 2022-01-01 | 0 |
| Total of all active and inactive participants | 2022-01-01 | 0 |
| 2021: THE SAGE CORPORATION GROUP MEDICAL PLAN 2021 401k membership |
|---|
| Total participants, beginning-of-year | 2021-01-01 | 47 |
| Total number of active participants reported on line 7a of the Form 5500 | 2021-01-01 | 45 |
| Number of retired or separated participants receiving benefits | 2021-01-01 | 0 |
| Number of other retired or separated participants entitled to future benefits | 2021-01-01 | 0 |
| Total of all active and inactive participants | 2021-01-01 | 45 |
| 2020: THE SAGE CORPORATION GROUP MEDICAL PLAN 2020 401k membership |
|---|
| Total participants, beginning-of-year | 2020-01-01 | 62 |
| Total number of active participants reported on line 7a of the Form 5500 | 2020-01-01 | 46 |
| Number of retired or separated participants receiving benefits | 2020-01-01 | 1 |
| Number of other retired or separated participants entitled to future benefits | 2020-01-01 | 0 |
| Total of all active and inactive participants | 2020-01-01 | 47 |
| 2019: THE SAGE CORPORATION GROUP MEDICAL PLAN 2019 401k membership |
|---|
| Total participants, beginning-of-year | 2019-01-01 | 62 |
| Total number of active participants reported on line 7a of the Form 5500 | 2019-01-01 | 61 |
| Number of retired or separated participants receiving benefits | 2019-01-01 | 1 |
| Number of other retired or separated participants entitled to future benefits | 2019-01-01 | 0 |
| Total of all active and inactive participants | 2019-01-01 | 62 |
| 2018: THE SAGE CORPORATION GROUP MEDICAL PLAN 2018 401k membership |
|---|
| Total participants, beginning-of-year | 2018-01-01 | 57 |
| Total number of active participants reported on line 7a of the Form 5500 | 2018-01-01 | 62 |
| Number of retired or separated participants receiving benefits | 2018-01-01 | 0 |
| Number of other retired or separated participants entitled to future benefits | 2018-01-01 | 0 |
| Total of all active and inactive participants | 2018-01-01 | 62 |
| 2017: THE SAGE CORPORATION GROUP MEDICAL PLAN 2017 401k membership |
|---|
| Total participants, beginning-of-year | 2017-01-01 | 61 |
| Total number of active participants reported on line 7a of the Form 5500 | 2017-01-01 | 57 |
| Number of retired or separated participants receiving benefits | 2017-01-01 | 0 |
| Number of other retired or separated participants entitled to future benefits | 2017-01-01 | 0 |
| Total of all active and inactive participants | 2017-01-01 | 57 |
| Measure | Date | Value |
|---|
| 2022 : THE SAGE CORPORATION GROUP MEDICAL PLAN 2022 401k financial data |
|---|
| Total plan liabilities at end of year | 2022-12-31 | $36,158 |
| Total plan liabilities at beginning of year | 2022-12-31 | $70,907 |
| Total income from all sources | 2022-12-31 | $1,090,058 |
| Expenses. Total of all expenses incurred | 2022-12-31 | $1,198,959 |
| Benefits paid (including direct rollovers) | 2022-12-31 | $443,249 |
| Total plan assets at end of year | 2022-12-31 | $255,929 |
| Total plan assets at beginning of year | 2022-12-31 | $399,579 |
| Value of fidelity bond covering the plan | 2022-12-31 | $400,000 |
| Total contributions received or receivable from participants | 2022-12-31 | $0 |
| Expenses. Other expenses not covered elsewhere | 2022-12-31 | $522,569 |
| Contributions received from other sources (not participants or employers) | 2022-12-31 | $0 |
| Other income received | 2022-12-31 | $2,940 |
| Net income (gross income less expenses) | 2022-12-31 | $-108,901 |
| Net plan assets at end of year (total assets less liabilities) | 2022-12-31 | $219,771 |
| Net plan assets at beginning of year (total assets less liabilities) | 2022-12-31 | $328,672 |
| Total contributions received or receivable from employer(s) | 2022-12-31 | $1,087,118 |
| Value of corrective distributions | 2022-12-31 | $231,042 |
| Expenses. Administrative service providers (salaries,fees and commissions) | 2022-12-31 | $2,099 |
| 2021 : THE SAGE CORPORATION GROUP MEDICAL PLAN 2021 401k financial data |
|---|
| Total plan liabilities at end of year | 2021-12-31 | $70,907 |
| Total plan liabilities at beginning of year | 2021-12-31 | $47,782 |
| Total income from all sources | 2021-12-31 | $936,007 |
| Expenses. Total of all expenses incurred | 2021-12-31 | $766,555 |
| Benefits paid (including direct rollovers) | 2021-12-31 | $179,580 |
| Total plan assets at end of year | 2021-12-31 | $399,579 |
| Total plan assets at beginning of year | 2021-12-31 | $207,002 |
| Value of fidelity bond covering the plan | 2021-12-31 | $400,000 |
| Total contributions received or receivable from participants | 2021-12-31 | $692,024 |
| Expenses. Other expenses not covered elsewhere | 2021-12-31 | $432,878 |
| Contributions received from other sources (not participants or employers) | 2021-12-31 | $241,784 |
| Other income received | 2021-12-31 | $2,199 |
| Net income (gross income less expenses) | 2021-12-31 | $169,452 |
| Net plan assets at end of year (total assets less liabilities) | 2021-12-31 | $328,672 |
| Net plan assets at beginning of year (total assets less liabilities) | 2021-12-31 | $159,220 |
| Value of corrective distributions | 2021-12-31 | $142,304 |
| Expenses. Administrative service providers (salaries,fees and commissions) | 2021-12-31 | $11,793 |
| 2020 : THE SAGE CORPORATION GROUP MEDICAL PLAN 2020 401k financial data |
|---|
| Total plan liabilities at end of year | 2020-12-31 | $47,782 |
| Total plan liabilities at beginning of year | 2020-12-31 | $52,016 |
| Total income from all sources | 2020-12-31 | $761,039 |
| Expenses. Total of all expenses incurred | 2020-12-31 | $841,291 |
| Benefits paid (including direct rollovers) | 2020-12-31 | $349,397 |
| Total plan assets at end of year | 2020-12-31 | $207,002 |
| Total plan assets at beginning of year | 2020-12-31 | $291,488 |
| Value of fidelity bond covering the plan | 2020-12-31 | $400,000 |
| Total contributions received or receivable from participants | 2020-12-31 | $224,508 |
| Expenses. Other expenses not covered elsewhere | 2020-12-31 | $336,944 |
| Contributions received from other sources (not participants or employers) | 2020-12-31 | $13,408 |
| Other income received | 2020-12-31 | $2,529 |
| Net income (gross income less expenses) | 2020-12-31 | $-80,252 |
| Net plan assets at end of year (total assets less liabilities) | 2020-12-31 | $159,220 |
| Net plan assets at beginning of year (total assets less liabilities) | 2020-12-31 | $239,472 |
| Total contributions received or receivable from employer(s) | 2020-12-31 | $520,594 |
| Value of corrective distributions | 2020-12-31 | $149,190 |
| Expenses. Administrative service providers (salaries,fees and commissions) | 2020-12-31 | $5,760 |
| 2019 : THE SAGE CORPORATION GROUP MEDICAL PLAN 2019 401k financial data |
|---|
| Total plan liabilities at end of year | 2019-12-31 | $52,016 |
| Total plan liabilities at beginning of year | 2019-12-31 | $65,388 |
| Total income from all sources | 2019-12-31 | $986,186 |
| Expenses. Total of all expenses incurred | 2019-12-31 | $1,030,506 |
| Benefits paid (including direct rollovers) | 2019-12-31 | $431,987 |
| Total plan assets at end of year | 2019-12-31 | $291,488 |
| Total plan assets at beginning of year | 2019-12-31 | $349,180 |
| Value of fidelity bond covering the plan | 2019-12-31 | $200,000 |
| Total contributions received or receivable from participants | 2019-12-31 | $248,462 |
| Expenses. Other expenses not covered elsewhere | 2019-12-31 | $442,114 |
| Contributions received from other sources (not participants or employers) | 2019-12-31 | $0 |
| Other income received | 2019-12-31 | $3,702 |
| Net income (gross income less expenses) | 2019-12-31 | $-44,320 |
| Net plan assets at end of year (total assets less liabilities) | 2019-12-31 | $239,472 |
| Net plan assets at beginning of year (total assets less liabilities) | 2019-12-31 | $283,792 |
| Total contributions received or receivable from employer(s) | 2019-12-31 | $734,022 |
| Value of corrective distributions | 2019-12-31 | $129,183 |
| Expenses. Administrative service providers (salaries,fees and commissions) | 2019-12-31 | $27,222 |
| 2018 : THE SAGE CORPORATION GROUP MEDICAL PLAN 2018 401k financial data |
|---|
| Total plan liabilities at end of year | 2018-12-31 | $65,388 |
| Total plan liabilities at beginning of year | 2018-12-31 | $54,323 |
| Total income from all sources | 2018-12-31 | $981,636 |
| Expenses. Total of all expenses incurred | 2018-12-31 | $931,276 |
| Benefits paid (including direct rollovers) | 2018-12-31 | $350,782 |
| Total plan assets at end of year | 2018-12-31 | $349,180 |
| Total plan assets at beginning of year | 2018-12-31 | $287,755 |
| Value of fidelity bond covering the plan | 2018-12-31 | $200,000 |
| Total contributions received or receivable from participants | 2018-12-31 | $273,257 |
| Expenses. Other expenses not covered elsewhere | 2018-12-31 | $417,034 |
| Contributions received from other sources (not participants or employers) | 2018-12-31 | $523 |
| Other income received | 2018-12-31 | $1,409 |
| Net income (gross income less expenses) | 2018-12-31 | $50,360 |
| Net plan assets at end of year (total assets less liabilities) | 2018-12-31 | $283,792 |
| Net plan assets at beginning of year (total assets less liabilities) | 2018-12-31 | $233,432 |
| Total contributions received or receivable from employer(s) | 2018-12-31 | $706,447 |
| Value of corrective distributions | 2018-12-31 | $139,136 |
| Expenses. Administrative service providers (salaries,fees and commissions) | 2018-12-31 | $24,324 |
| 2017 : THE SAGE CORPORATION GROUP MEDICAL PLAN 2017 401k financial data |
|---|
| Total plan liabilities at end of year | 2017-12-31 | $54,323 |
| Total plan liabilities at beginning of year | 2017-12-31 | $0 |
| Total income from all sources | 2017-12-31 | $1,107,063 |
| Expenses. Total of all expenses incurred | 2017-12-31 | $873,631 |
| Benefits paid (including direct rollovers) | 2017-12-31 | $451,899 |
| Total plan assets at end of year | 2017-12-31 | $287,755 |
| Total plan assets at beginning of year | 2017-12-31 | $0 |
| Value of fidelity bond covering the plan | 2017-12-31 | $200,000 |
| Total contributions received or receivable from participants | 2017-12-31 | $299,918 |
| Expenses. Other expenses not covered elsewhere | 2017-12-31 | $392,080 |
| Other income received | 2017-12-31 | $250 |
| Net income (gross income less expenses) | 2017-12-31 | $233,432 |
| Net plan assets at end of year (total assets less liabilities) | 2017-12-31 | $233,432 |
| Net plan assets at beginning of year (total assets less liabilities) | 2017-12-31 | $0 |
| Total contributions received or receivable from employer(s) | 2017-12-31 | $806,895 |
| Expenses. Administrative service providers (salaries,fees and commissions) | 2017-12-31 | $29,652 |
| 2022: THE SAGE CORPORATION GROUP MEDICAL PLAN 2022 form 5500 responses |
|---|
| 2022-01-01 | Type of plan entity | Single employer plan |
| 2022-01-01 | Submission has been amended | No |
| 2022-01-01 | This submission is the final filing | No |
| 2022-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
| 2022-01-01 | Plan is a collectively bargained plan | No |
| 2022-01-01 | Plan funding arrangement – Insurance | Yes |
| 2022-01-01 | Plan funding arrangement – Trust | Yes |
| 2022-01-01 | Plan benefit arrangement – Insurance | Yes |
| 2022-01-01 | Plan benefit arrangement - Trust | Yes |
| 2021: THE SAGE CORPORATION GROUP MEDICAL PLAN 2021 form 5500 responses |
|---|
| 2021-01-01 | Type of plan entity | Single employer plan |
| 2021-01-01 | Submission has been amended | No |
| 2021-01-01 | This submission is the final filing | No |
| 2021-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
| 2021-01-01 | Plan is a collectively bargained plan | No |
| 2021-01-01 | Plan funding arrangement – Insurance | Yes |
| 2021-01-01 | Plan funding arrangement – Trust | Yes |
| 2021-01-01 | Plan benefit arrangement – Insurance | Yes |
| 2021-01-01 | Plan benefit arrangement - Trust | Yes |
| 2020: THE SAGE CORPORATION GROUP MEDICAL PLAN 2020 form 5500 responses |
|---|
| 2020-01-01 | Type of plan entity | Single employer plan |
| 2020-01-01 | Submission has been amended | No |
| 2020-01-01 | This submission is the final filing | No |
| 2020-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
| 2020-01-01 | Plan is a collectively bargained plan | No |
| 2020-01-01 | Plan funding arrangement – Insurance | Yes |
| 2020-01-01 | Plan funding arrangement – Trust | Yes |
| 2020-01-01 | Plan benefit arrangement – Insurance | Yes |
| 2020-01-01 | Plan benefit arrangement - Trust | Yes |
| 2019: THE SAGE CORPORATION GROUP MEDICAL PLAN 2019 form 5500 responses |
|---|
| 2019-01-01 | Type of plan entity | Single employer plan |
| 2019-01-01 | Submission has been amended | No |
| 2019-01-01 | This submission is the final filing | No |
| 2019-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
| 2019-01-01 | Plan is a collectively bargained plan | No |
| 2019-01-01 | Plan funding arrangement – Insurance | Yes |
| 2019-01-01 | Plan funding arrangement – Trust | Yes |
| 2019-01-01 | Plan benefit arrangement – Insurance | Yes |
| 2019-01-01 | Plan benefit arrangement - Trust | Yes |
| 2018: THE SAGE CORPORATION GROUP MEDICAL PLAN 2018 form 5500 responses |
|---|
| 2018-01-01 | Type of plan entity | Single employer plan |
| 2018-01-01 | Submission has been amended | No |
| 2018-01-01 | This submission is the final filing | No |
| 2018-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
| 2018-01-01 | Plan is a collectively bargained plan | No |
| 2018-01-01 | Plan funding arrangement – Insurance | Yes |
| 2018-01-01 | Plan funding arrangement – Trust | Yes |
| 2018-01-01 | Plan benefit arrangement – Insurance | Yes |
| 2018-01-01 | Plan benefit arrangement - Trust | Yes |
| 2017: THE SAGE CORPORATION GROUP MEDICAL PLAN 2017 form 5500 responses |
|---|
| 2017-01-01 | Type of plan entity | Single employer plan |
| 2017-01-01 | First time form 5500 has been submitted | Yes |
| 2017-01-01 | Submission has been amended | No |
| 2017-01-01 | This submission is the final filing | No |
| 2017-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
| 2017-01-01 | Plan is a collectively bargained plan | No |
| 2017-01-01 | Plan funding arrangement – Insurance | Yes |
| 2017-01-01 | Plan funding arrangement – Trust | Yes |
| 2017-01-01 | Plan benefit arrangement – Insurance | Yes |
| 2017-01-01 | Plan benefit arrangement - Trust | Yes |
| EVEREST REINSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 69019 ) |
| Policy contract number | 30700006 |
| Policy instance | 1 |
| Insurance contract or identification number | 30700006 | | Number of Individuals Covered | 0 | | Insurance policy start date | 2022-01-01 | | Insurance policy end date | 2022-12-31 | | 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 plan | No | | Contracts With Unallocated Funds Deposit Administration | 0 | | 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 Benefit | No | | Dental Insurance Welfare Benefit | No | | Vision Insurance Welfare Benefit | No | | Life Insurance Welfare Benefit | No | | Temporary Disability Insurance Welfare Benefit | No | | Long Term Disability Insurance Welfare Benefit | No | | Unemployment Insurance Welfare Benefit | No | | 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 Carrier | USD $488,454 | | 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: 69019 ) |
| Policy contract number | 30700006 |
| Policy instance | 1 |
| Insurance contract or identification number | 30700006 | | Number of Individuals Covered | 45 | | Insurance policy start date | 2021-01-01 | | Insurance policy end date | 2021-12-31 | | 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 plan | No | | Contracts With Unallocated Funds Deposit Administration | 0 | | 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 Benefit | No | | Dental Insurance Welfare Benefit | No | | Vision Insurance Welfare Benefit | No | | Life Insurance Welfare Benefit | No | | Temporary Disability Insurance Welfare Benefit | No | | Long Term Disability Insurance Welfare Benefit | No | | Unemployment Insurance Welfare Benefit | No | | 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 Carrier | USD $401,149 | | 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: 69019 ) |
| Policy contract number | 30700006 |
| Policy instance | 1 |
| Insurance contract or identification number | 30700006 | | Number of Individuals Covered | 47 | | Insurance policy start date | 2020-01-01 | | Insurance policy end date | 2020-12-31 | | 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 plan | No | | Contracts With Unallocated Funds Deposit Administration | 0 | | 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 Benefit | No | | Dental Insurance Welfare Benefit | No | | Vision Insurance Welfare Benefit | No | | Life Insurance Welfare Benefit | No | | Temporary Disability Insurance Welfare Benefit | No | | Long Term Disability Insurance Welfare Benefit | No | | Unemployment Insurance Welfare Benefit | No | | 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 Carrier | USD $342,498 | | 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: 69019 ) |
| Policy contract number | PCI |
| Policy instance | 1 |
| Insurance contract or identification number | PCI | | Number of Individuals Covered | 54 | | Insurance policy start date | 2019-01-01 | | Insurance policy end date | 2019-12-31 | | 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 plan | No | | Contracts With Unallocated Funds Deposit Administration | 0 | | 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 Benefit | No | | Dental Insurance Welfare Benefit | No | | Vision Insurance Welfare Benefit | No | | Life Insurance Welfare Benefit | No | | Temporary Disability Insurance Welfare Benefit | No | | Long Term Disability Insurance Welfare Benefit | No | | Unemployment Insurance Welfare Benefit | No | | 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 Carrier | USD $368,771 | | 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: 69019 ) |
| Policy contract number | PCI |
| Policy instance | 1 |
| Insurance contract or identification number | PCI | | Number of Individuals Covered | 57 | | Insurance policy start date | 2017-01-01 | | Insurance policy end date | 2017-12-31 | | 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 plan | No | | Contracts With Unallocated Funds Deposit Administration | 0 | | 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 Benefit | No | | Dental Insurance Welfare Benefit | No | | Vision Insurance Welfare Benefit | No | | Life Insurance Welfare Benefit | No | | Temporary Disability Insurance Welfare Benefit | No | | Long Term Disability Insurance Welfare Benefit | No | | Unemployment Insurance Welfare Benefit | No | | 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 Carrier | USD $360,813 | | Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500? | No |
|
