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VOLUNTARY BENEFITS PLAN FOR THE EMPLOYEES OF DRAKE SOFTWARE, LLC 401k Plan overview

Plan NameVOLUNTARY BENEFITS PLAN FOR THE EMPLOYEES OF DRAKE SOFTWARE, LLC
Plan identification number 503

VOLUNTARY BENEFITS PLAN FOR THE EMPLOYEES OF DRAKE SOFTWARE, LLC Benefits

401k Plan TypeWelfare Benefit
Plan Features/Benefits
  • Other welfare benefit cover

401k Sponsoring company profile

DRAKE SOFTWARE LLC has sponsored the creation of one or more 401k plans.

Company Name:DRAKE SOFTWARE LLC
Employer identification number (EIN):261539542
NAIC Classification:511210
NAIC Description:Software Publishers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan VOLUNTARY BENEFITS PLAN FOR THE EMPLOYEES OF DRAKE SOFTWARE, LLC

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
5032022-01-01STEPHANIE WALLACE2023-08-29
5032021-04-01PAUL MARTIN2022-10-12

Plan Statistics for VOLUNTARY BENEFITS PLAN FOR THE EMPLOYEES OF DRAKE SOFTWARE, LLC

401k plan membership statisitcs for VOLUNTARY BENEFITS PLAN FOR THE EMPLOYEES OF DRAKE SOFTWARE, LLC

Measure Date Value
2022: VOLUNTARY BENEFITS PLAN FOR THE EMPLOYEES OF DRAKE SOFTWARE, LLC 2022 401k membership
Total participants, beginning-of-year2022-01-01468
Total number of active participants reported on line 7a of the Form 55002022-01-01494
Total of all active and inactive participants2022-01-01494
2021: VOLUNTARY BENEFITS PLAN FOR THE EMPLOYEES OF DRAKE SOFTWARE, LLC 2021 401k membership
Total participants, beginning-of-year2021-04-010
Total number of active participants reported on line 7a of the Form 55002021-04-01468
Total of all active and inactive participants2021-04-01468

Form 5500 Responses for VOLUNTARY BENEFITS PLAN FOR THE EMPLOYEES OF DRAKE SOFTWARE, LLC

2022: VOLUNTARY BENEFITS PLAN FOR THE EMPLOYEES OF DRAKE SOFTWARE, LLC 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Plan funding arrangement – InsuranceYes
2022-01-01Plan benefit arrangement – InsuranceYes
2021: VOLUNTARY BENEFITS PLAN FOR THE EMPLOYEES OF DRAKE SOFTWARE, LLC 2021 form 5500 responses
2021-04-01Type of plan entitySingle employer plan
2021-04-01First time form 5500 has been submittedYes
2021-04-01This return/report is a short plan year return/report (less than 12 months)Yes
2021-04-01Plan funding arrangement – InsuranceYes
2021-04-01Plan benefit arrangement – InsuranceYes

Insurance Providers Used on plan

THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA (National Association of Insurance Commissioners NAIC id number: 64246 )
Policy contract number00020231
Policy instance 1
Insurance contract or identification number00020231
Number of Individuals Covered494
Insurance policy start date2022-01-01
Insurance policy end date2022-12-31
Total amount of commissions paid to insurance brokerUSD $39,059
Total amount of fees paid to insurance companyUSD $23,775
Other welfare benefits providedACCIDENT, CANCER & VOL CRITICAL ILL
Welfare Benefit Premiums Paid to CarrierUSD $156,237
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $31,247
Amount paid for insurance broker fees23775
Additional information about fees paid to insurance brokerOTHER COMPENSATION PAID
Insurance broker organization code?3
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA (National Association of Insurance Commissioners NAIC id number: 64246 )
Policy contract number00020231
Policy instance 1
Insurance contract or identification number00020231
Number of Individuals Covered468
Insurance policy start date2021-04-01
Insurance policy end date2021-12-31
Total amount of commissions paid to insurance brokerUSD $31,928
Total amount of fees paid to insurance companyUSD $11,149
Other welfare benefits providedACCIDENT, CANCER & VOL CRITICAL ILL
Welfare Benefit Premiums Paid to CarrierUSD $127,715
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $25,543
Amount paid for insurance broker fees11149
Additional information about fees paid to insurance brokerOTHER COMPENSATION PAID
Insurance broker organization code?3

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