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SANHUA INTERNATIONAL INC EMPLOYEE BENEFIT PLAN 401k Plan overview

Plan NameSANHUA INTERNATIONAL INC EMPLOYEE BENEFIT PLAN
Plan identification number 501

SANHUA INTERNATIONAL INC EMPLOYEE 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)
  • Other welfare benefit cover

401k Sponsoring company profile

SANHUA INTERNATIONAL INC has sponsored the creation of one or more 401k plans.

Company Name:SANHUA INTERNATIONAL INC
Employer identification number (EIN):300102049
NAIC Classification:541990
NAIC Description:All Other Professional, Scientific, and Technical Services

Additional information about SANHUA INTERNATIONAL INC

Jurisdiction of Incorporation: Georgia Department of States Corporations Division
Incorporation Date:
Company Identification Number: 1740390

More information about SANHUA INTERNATIONAL INC

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SANHUA INTERNATIONAL INC EMPLOYEE BENEFIT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
5012022-03-01CHRIS RAU2023-08-22

Plan Statistics for SANHUA INTERNATIONAL INC EMPLOYEE BENEFIT PLAN

401k plan membership statisitcs for SANHUA INTERNATIONAL INC EMPLOYEE BENEFIT PLAN

Measure Date Value
2022: SANHUA INTERNATIONAL INC EMPLOYEE BENEFIT PLAN 2022 401k membership
Total participants, beginning-of-year2022-03-01120
Total number of active participants reported on line 7a of the Form 55002022-03-01120
Number of retired or separated participants receiving benefits2022-03-010
Number of other retired or separated participants entitled to future benefits2022-03-010
Total of all active and inactive participants2022-03-01120
Number of employers contributing to the scheme2022-03-010

Form 5500 Responses for SANHUA INTERNATIONAL INC EMPLOYEE BENEFIT PLAN

2022: SANHUA INTERNATIONAL INC EMPLOYEE BENEFIT PLAN 2022 form 5500 responses
2022-03-01Type of plan entitySingle employer plan
2022-03-01First time form 5500 has been submittedYes
2022-03-01Plan funding arrangement – InsuranceYes
2022-03-01Plan benefit arrangement – InsuranceYes

Insurance Providers Used on plan

AETNA LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 60054 )
Policy contract number176269
Policy instance 1
Insurance contract or identification number176269
Number of Individuals Covered323
Insurance policy start date2022-03-01
Insurance policy end date2023-02-28
Total amount of commissions paid to insurance brokerUSD $21,367
Total amount of fees paid to insurance companyUSD $47,733
Health Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $1,114,246
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $0
Amount paid for insurance broker fees47733
Additional information about fees paid to insurance broker2022 Q1 GROW WITH US NEW BUSINESS INCENTIVE RISK, DIRECT COMPENSATION
Insurance broker organization code?3
RELIANCE STANDARD LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 68381 )
Policy contract number136-420644
Policy instance 2
Insurance contract or identification number136-420644
Number of Individuals Covered299
Insurance policy start date2022-03-01
Insurance policy end date2023-02-28
Total amount of commissions paid to insurance brokerUSD $21,004
Total amount of fees paid to insurance companyUSD $0
Dental Insurance Welfare BenefitYes
Vision Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $141,875
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $18,542
Amount paid for insurance broker fees0
Insurance broker organization code?3
SUN LIFE ASSURANCE COMPANY OF CANADA (National Association of Insurance Commissioners NAIC id number: 80802 )
Policy contract number952499
Policy instance 3
Insurance contract or identification number952499
Number of Individuals Covered135
Insurance policy start date2022-03-01
Insurance policy end date2023-02-28
Total amount of commissions paid to insurance brokerUSD $12,866
Total amount of fees paid to insurance companyUSD $4,289
Life Insurance Welfare BenefitYes
Temporary Disability Insurance Welfare BenefitYes
Long Term Disability Insurance Welfare BenefitYes
Other welfare benefits providedACCIDENTAL DEATH AND DISMEMBERMENT, EMPLOYEE ASSISTANCE PROGRAM
Welfare Benefit Premiums Paid to CarrierUSD $84,225
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $10,632
Amount paid for insurance broker fees0
Insurance broker organization code?3
Additional information about fees paid to insurance brokerOVERRIDE

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