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| Plan Name | BARBCO, INC. HEALTH PLAN |
| Plan identification number | 501 |
| 401k Plan Type | Welfare Benefit |
| Plan Features/Benefits |
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| Company Name: | BARBCO, INC. |
| Employer identification number (EIN): | 341624557 |
| NAIC Classification: | 333200 |
| Plan id# | Filing Submission Date | Name of Administrator | Date Administrator Signed | Name of Company Sponsor | Date Sponsor Signed |
|---|---|---|---|---|---|
| 501 | 2019-06-01 |
| Measure | Date | Value |
|---|---|---|
| 2019: BARBCO, INC. HEALTH PLAN 2019 401k membership | ||
| Total participants, beginning-of-year | 2019-06-01 | 0 |
| Total number of active participants reported on line 7a of the Form 5500 | 2019-06-01 | 72 |
| Number of retired or separated participants receiving benefits | 2019-06-01 | 0 |
| Number of other retired or separated participants entitled to future benefits | 2019-06-01 | 0 |
| Total of all active and inactive participants | 2019-06-01 | 72 |
| Measure | Date | Value |
|---|---|---|
| 2020 : BARBCO, INC. HEALTH PLAN 2020 401k financial data | ||
| Total income from all sources | 2020-05-31 | $711,137 |
| Expenses. Total of all expenses incurred | 2020-05-31 | $706,954 |
| Benefits paid (including direct rollovers) | 2020-05-31 | $664,037 |
| Total plan assets at end of year | 2020-05-31 | $4,183 |
| Total plan assets at beginning of year | 2020-05-31 | $0 |
| Net income (gross income less expenses) | 2020-05-31 | $4,183 |
| Net plan assets at end of year (total assets less liabilities) | 2020-05-31 | $4,183 |
| Net plan assets at beginning of year (total assets less liabilities) | 2020-05-31 | $0 |
| Total contributions received or receivable from employer(s) | 2020-05-31 | $711,137 |
| Expenses. Administrative service providers (salaries,fees and commissions) | 2020-05-31 | $42,917 |
| 2019: BARBCO, INC. HEALTH PLAN 2019 form 5500 responses | ||
|---|---|---|
| 2019-06-01 | Type of plan entity | Single employer plan |
| 2019-06-01 | First time form 5500 has been submitted | Yes |
| 2019-06-01 | Plan funding arrangement – Insurance | Yes |
| 2019-06-01 | Plan funding arrangement – General assets of the sponsor | Yes |
| 2019-06-01 | Plan benefit arrangement – Insurance | Yes |
| 2019-06-01 | Plan benefit arrangement – General assets of the sponsor | Yes |
| MCKINLEY LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 77216 ) | |||||||||||||||||
| Policy contract number | 25540 | ||||||||||||||||
| Policy instance | 1 | ||||||||||||||||
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