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WISE PLASTICS TECHNOLOGIES, INC. GROUP MEDICAL PLAN 401k Plan overview

Plan NameWISE PLASTICS TECHNOLOGIES, INC. GROUP MEDICAL PLAN
Plan identification number 501

WISE PLASTICS TECHNOLOGIES, INC. GROUP MEDICAL PLAN Benefits

401k Plan TypeWelfare Benefit
Plan Features/Benefits
  • Health (other than dental or vision)
  • Unfunded, fully insured, or combination unfunded/insured welfare plan that stopped filing form 5500s in an earlier plan year pursuant to 29 CFR 2520.104-20.

401k Sponsoring company profile

WISE PLASTICS TECHNOLOGIES, INC. has sponsored the creation of one or more 401k plans.

Company Name:WISE PLASTICS TECHNOLOGIES, INC.
Employer identification number (EIN):362887892
NAIC Classification:326100

Form 5500 Filing Information

Submission information for form 5500 for 401k plan WISE PLASTICS TECHNOLOGIES, INC. GROUP MEDICAL PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
5012019-05-01MIKE MADSEN2020-10-28
5012019-05-01LENORE TOCKI2022-02-01
5012018-05-01MIKE MADSEN2020-10-28
5012017-05-01MIKE MADSEN2020-10-28

Plan Statistics for WISE PLASTICS TECHNOLOGIES, INC. GROUP MEDICAL PLAN

401k plan membership statisitcs for WISE PLASTICS TECHNOLOGIES, INC. GROUP MEDICAL PLAN

Measure Date Value
2019: WISE PLASTICS TECHNOLOGIES, INC. GROUP MEDICAL PLAN 2019 401k membership
Total participants, beginning-of-year2019-05-01122
Total number of active participants reported on line 7a of the Form 55002019-05-01134
Number of retired or separated participants receiving benefits2019-05-010
Number of other retired or separated participants entitled to future benefits2019-05-010
Total of all active and inactive participants2019-05-01134
Number of employers contributing to the scheme2019-05-010
2018: WISE PLASTICS TECHNOLOGIES, INC. GROUP MEDICAL PLAN 2018 401k membership
Total participants, beginning-of-year2018-05-01126
Total number of active participants reported on line 7a of the Form 55002018-05-01122
Number of retired or separated participants receiving benefits2018-05-010
Number of other retired or separated participants entitled to future benefits2018-05-010
Total of all active and inactive participants2018-05-01122
Number of employers contributing to the scheme2018-05-010
2017: WISE PLASTICS TECHNOLOGIES, INC. GROUP MEDICAL PLAN 2017 401k membership
Total participants, beginning-of-year2017-05-01100
Total number of active participants reported on line 7a of the Form 55002017-05-01126
Number of retired or separated participants receiving benefits2017-05-010
Number of other retired or separated participants entitled to future benefits2017-05-010
Total of all active and inactive participants2017-05-01126
Number of employers contributing to the scheme2017-05-010

Form 5500 Responses for WISE PLASTICS TECHNOLOGIES, INC. GROUP MEDICAL PLAN

2019: WISE PLASTICS TECHNOLOGIES, INC. GROUP MEDICAL PLAN 2019 form 5500 responses
2019-05-01Type of plan entitySingle employer plan
2019-05-01Submission has been amendedYes
2019-05-01This submission is the final filingYes
2019-05-01Plan funding arrangement – InsuranceYes
2019-05-01Plan benefit arrangement – InsuranceYes
2018: WISE PLASTICS TECHNOLOGIES, INC. GROUP MEDICAL PLAN 2018 form 5500 responses
2018-05-01Type of plan entitySingle employer plan
2018-05-01Plan funding arrangement – InsuranceYes
2018-05-01Plan benefit arrangement – InsuranceYes
2017: WISE PLASTICS TECHNOLOGIES, INC. GROUP MEDICAL PLAN 2017 form 5500 responses
2017-05-01Type of plan entitySingle employer plan
2017-05-01Plan funding arrangement – InsuranceYes
2017-05-01Plan benefit arrangement – InsuranceYes

Insurance Providers Used on plan

BLUECROSS BLUESHIELD OF TEXAS (National Association of Insurance Commissioners NAIC id number: 70670 )
Policy contract number276066
Policy instance 1
Insurance contract or identification number276066
Number of Individuals Covered315
Insurance policy start date2019-05-01
Insurance policy end date2020-04-30
Total amount of commissions paid to insurance brokerUSD $79,920
Total amount of fees paid to insurance companyUSD $1,395
Health Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $1,642,841
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $79,920
Amount paid for insurance broker fees0
Insurance broker organization code?3
Additional information about fees paid to insurance brokerSPECIAL PROGRAMS
BLUECROSS BLUESHIELD OF TEXAS (National Association of Insurance Commissioners NAIC id number: 70670 )
Policy contract number0M6083
Policy instance 1
Insurance contract or identification number0M6083
Number of Individuals Covered286
Insurance policy start date2018-05-01
Insurance policy end date2019-04-30
Total amount of commissions paid to insurance brokerUSD $55,516
Total amount of fees paid to insurance companyUSD $1,231
Health Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $1,566,829
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?Yes
Commission paid to Insurance BrokerUSD $46,339
Amount paid for insurance broker fees1231
Additional information about fees paid to insurance brokerSPECIAL PROGRAMS NON-MONETARY COMPENSATION
Insurance broker organization code?3
BLUECROSS BLUESHIELD OF TEXAS (National Association of Insurance Commissioners NAIC id number: 70670 )
Policy contract number0M6083
Policy instance 1
Insurance contract or identification number0M6083
Number of Individuals Covered297
Insurance policy start date2017-05-01
Insurance policy end date2018-04-30
Total amount of commissions paid to insurance brokerUSD $53,549
Total amount of fees paid to insurance companyUSD $1,012
Health Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $1,369,079
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?Yes

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