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GLOBAL PROFESSIONAL SERVICES GROUP, INC. WELFARE BENEFIT PLAN 401k Plan overview

Plan NameGLOBAL PROFESSIONAL SERVICES GROUP, INC. WELFARE BENEFIT PLAN
Plan identification number 503

GLOBAL PROFESSIONAL SERVICES GROUP, INC. 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

GLOBAL PROFESSIONAL SERVICES GROUP, INC. has sponsored the creation of one or more 401k plans.

Company Name:GLOBAL PROFESSIONAL SERVICES GROUP, INC.
Employer identification number (EIN):274020779
NAIC Classification:541990
NAIC Description:All Other Professional, Scientific, and Technical Services

Additional information about GLOBAL PROFESSIONAL SERVICES GROUP, INC.

Jurisdiction of Incorporation: Virginia Secretary of State
Incorporation Date: 2010-11-18
Company Identification Number: 0730215
Legal Registered Office Address: 1900 CAMPUS COMMONS DRIVE STE 510

RESTON
United States of America (USA)
20191

More information about GLOBAL PROFESSIONAL SERVICES GROUP, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan GLOBAL PROFESSIONAL SERVICES GROUP, INC. WELFARE BENEFIT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
5032021-12-01MARK PEDRY2023-08-03
5032020-12-01MARK PEDRY2022-04-18

Plan Statistics for GLOBAL PROFESSIONAL SERVICES GROUP, INC. WELFARE BENEFIT PLAN

401k plan membership statisitcs for GLOBAL PROFESSIONAL SERVICES GROUP, INC. WELFARE BENEFIT PLAN

Measure Date Value
2021: GLOBAL PROFESSIONAL SERVICES GROUP, INC. WELFARE BENEFIT PLAN 2021 401k membership
Total participants, beginning-of-year2021-12-01112
Total number of active participants reported on line 7a of the Form 55002021-12-01140
Number of retired or separated participants receiving benefits2021-12-010
Number of other retired or separated participants entitled to future benefits2021-12-010
Total of all active and inactive participants2021-12-01140
Number of employers contributing to the scheme2021-12-010
2020: GLOBAL PROFESSIONAL SERVICES GROUP, INC. WELFARE BENEFIT PLAN 2020 401k membership
Total participants, beginning-of-year2020-12-01106
Total number of active participants reported on line 7a of the Form 55002020-12-01114
Number of retired or separated participants receiving benefits2020-12-012
Number of other retired or separated participants entitled to future benefits2020-12-014
Total of all active and inactive participants2020-12-01120
Number of employers contributing to the scheme2020-12-010

Form 5500 Responses for GLOBAL PROFESSIONAL SERVICES GROUP, INC. WELFARE BENEFIT PLAN

2021: GLOBAL PROFESSIONAL SERVICES GROUP, INC. WELFARE BENEFIT PLAN 2021 form 5500 responses
2021-12-01Type of plan entitySingle employer plan
2021-12-01Plan funding arrangement – InsuranceYes
2021-12-01Plan funding arrangement – General assets of the sponsorYes
2021-12-01Plan benefit arrangement – InsuranceYes
2021-12-01Plan benefit arrangement – General assets of the sponsorYes
2020: GLOBAL PROFESSIONAL SERVICES GROUP, INC. WELFARE BENEFIT PLAN 2020 form 5500 responses
2020-12-01Type of plan entitySingle employer plan
2020-12-01First time form 5500 has been submittedYes
2020-12-01Plan funding arrangement – InsuranceYes
2020-12-01Plan funding arrangement – General assets of the sponsorYes
2020-12-01Plan benefit arrangement – InsuranceYes
2020-12-01Plan benefit arrangement – General assets of the sponsorYes

Insurance Providers Used on plan

ANTHEM BLUE CROSS AND BLUE SHIELD (National Association of Insurance Commissioners NAIC id number: 71835 )
Policy contract numberB59WC
Policy instance 1
Insurance contract or identification numberB59WC
Number of Individuals Covered304
Insurance policy start date2021-12-01
Insurance policy end date2022-11-30
Total amount of commissions paid to insurance brokerUSD $20,615
Total amount of fees paid to insurance companyUSD $5,704
Health Insurance Welfare BenefitYes
Dental Insurance Welfare BenefitYes
Vision Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $1,016,656
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $20,615
Amount paid for insurance broker fees5704
Additional information about fees paid to insurance brokerFEES
Insurance broker organization code?3
VISION SERVICE PLAN (National Association of Insurance Commissioners NAIC id number: 53031 )
Policy contract number30052363
Policy instance 2
Insurance contract or identification number30052363
Number of Individuals Covered137
Insurance policy start date2021-12-01
Insurance policy end date2022-11-30
Total amount of commissions paid to insurance brokerUSD $1,200
Total amount of fees paid to insurance companyUSD $0
Vision Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $23,154
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $1,200
Amount paid for insurance broker fees0
Insurance broker organization code?3
MUTUAL OF OMAHA (National Association of Insurance Commissioners NAIC id number: 69868 )
Policy contract numberGLUG0AQIC
Policy instance 3
Insurance contract or identification numberGLUG0AQIC
Number of Individuals Covered140
Insurance policy start date2021-12-01
Insurance policy end date2022-11-30
Total amount of commissions paid to insurance brokerUSD $12,793
Total amount of fees paid to insurance companyUSD $12,003
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
Welfare Benefit Premiums Paid to CarrierUSD $157,388
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $12,793
Amount paid for insurance broker fees9002
Additional information about fees paid to insurance brokerOTHER COMPENSATION
Insurance broker organization code?3
ANTHEM BLUE CROSS AND BLUE SHIELD (National Association of Insurance Commissioners NAIC id number: 71835 )
Policy contract numberB59WC
Policy instance 1
Insurance contract or identification numberB59WC
Number of Individuals Covered270
Insurance policy start date2020-12-01
Insurance policy end date2021-11-30
Total amount of commissions paid to insurance brokerUSD $18,258
Total amount of fees paid to insurance companyUSD $5,056
Health Insurance Welfare BenefitYes
Dental Insurance Welfare BenefitYes
Vision Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $876,905
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $18,258
Amount paid for insurance broker fees5056
Additional information about fees paid to insurance brokerFEES
Insurance broker organization code?3
VISION SERVICE PLAN (National Association of Insurance Commissioners NAIC id number: 53031 )
Policy contract number30052363
Policy instance 2
Insurance contract or identification number30052363
Number of Individuals Covered111
Insurance policy start date2020-12-01
Insurance policy end date2021-11-30
Total amount of commissions paid to insurance brokerUSD $1,109
Total amount of fees paid to insurance companyUSD $0
Vision Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $20,028
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $1,109
Amount paid for insurance broker fees0
Insurance broker organization code?3
MUTUAL OF OMAHA (National Association of Insurance Commissioners NAIC id number: 69868 )
Policy contract numberGLUG0AQIC
Policy instance 3
Insurance contract or identification numberGLUG0AQIC
Number of Individuals Covered113
Insurance policy start date2020-12-01
Insurance policy end date2021-11-30
Total amount of commissions paid to insurance brokerUSD $11,645
Total amount of fees paid to insurance companyUSD $7,208
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
Welfare Benefit Premiums Paid to CarrierUSD $138,456
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $11,645
Amount paid for insurance broker fees7208
Additional information about fees paid to insurance brokerOTHER COMPENSATION
Insurance broker organization code?3

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