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FIRST NATIONAL BANK OF AMERICA GROUP LIFE AND LONG TERM DISABILITY 401k Plan overview

Plan NameFIRST NATIONAL BANK OF AMERICA GROUP LIFE AND LONG TERM DISABILITY
Plan identification number 502

FIRST NATIONAL BANK OF AMERICA GROUP LIFE AND LONG TERM DISABILITY Benefits

401k Plan TypeWelfare Benefit
Plan Features/Benefits
  • Life insurance
  • Temporary disability (accident and sickness)
  • Long-term disability cover
  • Death benefits (include travel accident but not life insurance)

401k Sponsoring company profile

FIRST NATIONAL BANK OF AMERICA has sponsored the creation of one or more 401k plans.

Company Name:FIRST NATIONAL BANK OF AMERICA
Employer identification number (EIN):381470765
NAIC Classification:551111
NAIC Description:Offices of Bank Holding Companies

Form 5500 Filing Information

Submission information for form 5500 for 401k plan FIRST NATIONAL BANK OF AMERICA GROUP LIFE AND LONG TERM DISABILITY

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
5022018-01-01
5022017-01-01TAMMY DRAKE2019-07-16
5022016-01-01TAMMY DRAKE2019-07-16

Plan Statistics for FIRST NATIONAL BANK OF AMERICA GROUP LIFE AND LONG TERM DISABILITY

401k plan membership statisitcs for FIRST NATIONAL BANK OF AMERICA GROUP LIFE AND LONG TERM DISABILITY

Measure Date Value
2018: FIRST NATIONAL BANK OF AMERICA GROUP LIFE AND LONG TERM DISABILITY 2018 401k membership
Total participants, beginning-of-year2018-01-01279
Total number of active participants reported on line 7a of the Form 55002018-01-010
Number of retired or separated participants receiving benefits2018-01-010
Number of other retired or separated participants entitled to future benefits2018-01-010
Total of all active and inactive participants2018-01-010
Number of employers contributing to the scheme2018-01-010
2017: FIRST NATIONAL BANK OF AMERICA GROUP LIFE AND LONG TERM DISABILITY 2017 401k membership
Total participants, beginning-of-year2017-01-01243
Total number of active participants reported on line 7a of the Form 55002017-01-01279
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-010
Total of all active and inactive participants2017-01-01279
Number of employers contributing to the scheme2017-01-010
2016: FIRST NATIONAL BANK OF AMERICA GROUP LIFE AND LONG TERM DISABILITY 2016 401k membership
Total participants, beginning-of-year2016-01-01100
Total number of active participants reported on line 7a of the Form 55002016-01-01243
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-010
Total of all active and inactive participants2016-01-01243
Number of employers contributing to the scheme2016-01-010

Form 5500 Responses for FIRST NATIONAL BANK OF AMERICA GROUP LIFE AND LONG TERM DISABILITY

2018: FIRST NATIONAL BANK OF AMERICA GROUP LIFE AND LONG TERM DISABILITY 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01This submission is the final filingYes
2018-01-01Plan funding arrangement – InsuranceYes
2018-01-01Plan benefit arrangement – InsuranceYes
2017: FIRST NATIONAL BANK OF AMERICA GROUP LIFE AND LONG TERM DISABILITY 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Plan funding arrangement – InsuranceYes
2017-01-01Plan benefit arrangement – InsuranceYes
2016: FIRST NATIONAL BANK OF AMERICA GROUP LIFE AND LONG TERM DISABILITY 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01First time form 5500 has been submittedYes
2016-01-01Plan funding arrangement – InsuranceYes
2016-01-01Plan benefit arrangement – InsuranceYes

Insurance Providers Used on plan

UNUM LIFE INSURANCE COMPANY OF AMERICA (National Association of Insurance Commissioners NAIC id number: 62235 )
Policy contract number555153
Policy instance 1
Insurance contract or identification number555153
Number of Individuals Covered283
Insurance policy start date2018-01-01
Insurance policy end date2018-12-31
Total amount of commissions paid to insurance brokerUSD $10,908
Total amount of fees paid to insurance companyUSD $4,293
Life Insurance Welfare BenefitYes
Temporary Disability Insurance Welfare BenefitYes
Long Term Disability Insurance Welfare BenefitYes
Other welfare benefits providedACCIDENTAL DEATH AND DISMEMBERMENT
Welfare Benefit Premiums Paid to CarrierUSD $133,257
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $11,093
Amount paid for insurance broker fees0
Insurance broker organization code?3
Additional information about fees paid to insurance brokerADDITIONAL COMPENSATION
METROPOLITAN LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65978 )
Policy contract numberTM05931657
Policy instance 1
Insurance contract or identification numberTM05931657
Number of Individuals Covered279
Insurance policy start date2017-01-01
Insurance policy end date2017-12-31
Total amount of commissions paid to insurance brokerUSD $6,466
Total amount of fees paid to insurance companyUSD $0
Life Insurance Welfare BenefitYes
Long Term Disability Insurance Welfare BenefitYes
Other welfare benefits providedACCIDENTAL DEATH AND DISMEMBERMENT
Welfare Benefit Premiums Paid to CarrierUSD $72,957
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No

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