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PRECISION WIRE FORMS INC. 401k Plan overview

Plan NamePRECISION WIRE FORMS INC.
Plan identification number 501

PRECISION WIRE FORMS INC. Benefits

401k Plan TypeWelfare Benefit
Plan Features/Benefits
  • Health (other than dental or vision)
  • Life insurance
  • Dental
  • Vision

401k Sponsoring company profile

PRECISION WIRE FORMS, INC. has sponsored the creation of one or more 401k plans.

Company Name:PRECISION WIRE FORMS, INC.
Employer identification number (EIN):383388881
NAIC Classification:332610

Additional information about PRECISION WIRE FORMS, INC.

Jurisdiction of Incorporation: Florida Department of State Division of Corporations
Incorporation Date: 1991-10-23
Company Identification Number: S89239
Legal Registered Office Address: 5310 S.W. 186TH AVENUE

FT. LAUDERDALE

33332

More information about PRECISION WIRE FORMS, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PRECISION WIRE FORMS INC.

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
5012020-01-01
5012019-01-01

Plan Statistics for PRECISION WIRE FORMS INC.

401k plan membership statisitcs for PRECISION WIRE FORMS INC.

Measure Date Value
2020: PRECISION WIRE FORMS INC. 2020 401k membership
Total participants, beginning-of-year2020-01-01132
Total number of active participants reported on line 7a of the Form 55002020-01-01140
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-010
Total of all active and inactive participants2020-01-01140
2019: PRECISION WIRE FORMS INC. 2019 401k membership
Total participants, beginning-of-year2019-01-010
Total number of active participants reported on line 7a of the Form 55002019-01-01132
Number of retired or separated participants receiving benefits2019-01-010
Number of other retired or separated participants entitled to future benefits2019-01-010
Total of all active and inactive participants2019-01-01132

Form 5500 Responses for PRECISION WIRE FORMS INC.

2020: PRECISION WIRE FORMS INC. 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Plan funding arrangement – InsuranceYes
2020-01-01Plan benefit arrangement – InsuranceYes
2019: PRECISION WIRE FORMS INC. 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01First time form 5500 has been submittedYes
2019-01-01Plan funding arrangement – InsuranceYes
2019-01-01Plan benefit arrangement – InsuranceYes

Insurance Providers Used on plan

BLUE CROSS BLUE SHIELD OF MICHIGAN (National Association of Insurance Commissioners NAIC id number: 54291 )
Policy contract number282556
Policy instance 1
Insurance contract or identification number282556
Number of Individuals Covered140
Insurance policy start date2020-01-01
Insurance policy end date2020-12-31
Total amount of commissions paid to insurance brokerUSD $26,371
Total amount of fees paid to insurance companyUSD $216
Health Insurance Welfare BenefitYes
Dental Insurance Welfare BenefitYes
Vision Insurance Welfare BenefitYes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $26,371
Insurance broker organization code?3
Amount paid for insurance broker fees157
BLUE CARE NETWORK OF MICHIGAN (National Association of Insurance Commissioners NAIC id number: 95610 )
Policy contract number282556
Policy instance 2
Insurance contract or identification number282556
Number of Individuals Covered42
Insurance policy start date2020-01-01
Insurance policy end date2020-12-31
Total amount of commissions paid to insurance brokerUSD $7,757
Total amount of fees paid to insurance companyUSD $93
Health Insurance Welfare BenefitYes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $7,757
Insurance broker organization code?3
Amount paid for insurance broker fees68
DEARBORN NATIONAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 71129 )
Policy contract numberVEAB100141
Policy instance 3
Insurance contract or identification numberVEAB100141
Number of Individuals Covered8
Insurance policy start date2020-01-01
Insurance policy end date2020-12-31
Total amount of commissions paid to insurance brokerUSD $688
Life Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $4,586
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $688
BLUE CROSS BLUE SHIELD OF MICHIGAN (National Association of Insurance Commissioners NAIC id number: 54291 )
Policy contract number282556
Policy instance 1
Insurance contract or identification number282556
Number of Individuals Covered132
Insurance policy start date2018-12-01
Insurance policy end date2019-12-31
Total amount of commissions paid to insurance brokerUSD $18,988
Total amount of fees paid to insurance companyUSD $436
Health Insurance Welfare BenefitYes
Dental Insurance Welfare BenefitYes
Vision Insurance Welfare BenefitYes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $12,848
Insurance broker organization code?3
Amount paid for insurance broker fees436
BLUE CARE NETWORK OF MICHIGAN (National Association of Insurance Commissioners NAIC id number: 95610 )
Policy contract number282556
Policy instance 2
Insurance contract or identification number282556
Number of Individuals Covered33
Insurance policy start date2018-12-01
Insurance policy end date2019-12-31
Total amount of commissions paid to insurance brokerUSD $5,278
Total amount of fees paid to insurance companyUSD $104
Health Insurance Welfare BenefitYes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $4,047
Insurance broker organization code?3
Amount paid for insurance broker fees104
DEARBORN NATIONAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 71129 )
Policy contract numberVEAB100141
Policy instance 3
Insurance contract or identification numberVEAB100141
Number of Individuals Covered94
Insurance policy start date2019-01-01
Insurance policy end date2019-12-31
Total amount of commissions paid to insurance brokerUSD $2,220
Life Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $18,406
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $2,208

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