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WEST BEND MUTUAL INSURANCE COMPANY WELFARE PLAN TERM LIFE INSURANCE 401k Plan overview

Plan NameWEST BEND MUTUAL INSURANCE COMPANY WELFARE PLAN TERM LIFE INSURANCE
Plan identification number 502

WEST BEND MUTUAL INSURANCE COMPANY WELFARE PLAN TERM LIFE INSURANCE Benefits

401k Plan TypeWelfare Benefit
Plan Features/Benefits
  • Life insurance
  • Death benefits (include travel accident but not life insurance)

401k Sponsoring company profile

WEST BEND MUTUAL INSURANCE COMPANY has sponsored the creation of one or more 401k plans.

Company Name:WEST BEND MUTUAL INSURANCE COMPANY
Employer identification number (EIN):390698170
NAIC Classification:524150

Additional information about WEST BEND MUTUAL INSURANCE COMPANY

Jurisdiction of Incorporation: Virginia Secretary of State
Incorporation Date: 2018-11-20
Company Identification Number: F210882
Legal Registered Office Address: 4701 Cox Rd Ste 285

Glen Allen
United States of America (USA)
23060-6808

More information about WEST BEND MUTUAL INSURANCE COMPANY

Form 5500 Filing Information

Submission information for form 5500 for 401k plan WEST BEND MUTUAL INSURANCE COMPANY WELFARE PLAN TERM LIFE INSURANCE

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
5022022-01-01CHAD FELTZ2023-09-22
5022021-01-01
5022020-01-01
5022019-01-01
5022018-01-01
5022017-01-01CHAD FELTZ
5022016-01-01CHAD FELTZ
5022015-01-01CHAD FELTZ
5022014-01-01CHAD FELTZ
5022013-01-01CHAD FELTZ
5022012-01-01CHAD FELTZ
5022011-01-01CHAD FELTZ
5022009-01-01CHAD FELTZ DEBRA CAHOON2010-07-23

Plan Statistics for WEST BEND MUTUAL INSURANCE COMPANY WELFARE PLAN TERM LIFE INSURANCE

401k plan membership statisitcs for WEST BEND MUTUAL INSURANCE COMPANY WELFARE PLAN TERM LIFE INSURANCE

Measure Date Value
2022: WEST BEND MUTUAL INSURANCE COMPANY WELFARE PLAN TERM LIFE INSURANCE 2022 401k membership
Total participants, beginning-of-year2022-01-011,371
Total number of active participants reported on line 7a of the Form 55002022-01-011,573
Number of retired or separated participants receiving benefits2022-01-010
Number of other retired or separated participants entitled to future benefits2022-01-010
Total of all active and inactive participants2022-01-011,573
2021: WEST BEND MUTUAL INSURANCE COMPANY WELFARE PLAN TERM LIFE INSURANCE 2021 401k membership
Total participants, beginning-of-year2021-01-011,449
Total number of active participants reported on line 7a of the Form 55002021-01-011,352
Number of retired or separated participants receiving benefits2021-01-01109
Total of all active and inactive participants2021-01-011,461
2020: WEST BEND MUTUAL INSURANCE COMPANY WELFARE PLAN TERM LIFE INSURANCE 2020 401k membership
Total participants, beginning-of-year2020-01-011,420
Total number of active participants reported on line 7a of the Form 55002020-01-011,336
Number of retired or separated participants receiving benefits2020-01-01113
Total of all active and inactive participants2020-01-011,449
2019: WEST BEND MUTUAL INSURANCE COMPANY WELFARE PLAN TERM LIFE INSURANCE 2019 401k membership
Total participants, beginning-of-year2019-01-011,370
Total number of active participants reported on line 7a of the Form 55002019-01-011,304
Number of retired or separated participants receiving benefits2019-01-01116
Total of all active and inactive participants2019-01-011,420
2018: WEST BEND MUTUAL INSURANCE COMPANY WELFARE PLAN TERM LIFE INSURANCE 2018 401k membership
Total participants, beginning-of-year2018-01-011,318
Total number of active participants reported on line 7a of the Form 55002018-01-011,255
Number of retired or separated participants receiving benefits2018-01-01115
Total of all active and inactive participants2018-01-011,370
2017: WEST BEND MUTUAL INSURANCE COMPANY WELFARE PLAN TERM LIFE INSURANCE 2017 401k membership
Total participants, beginning-of-year2017-01-011,312
Total number of active participants reported on line 7a of the Form 55002017-01-011,203
Number of retired or separated participants receiving benefits2017-01-01115
Total of all active and inactive participants2017-01-011,318
2016: WEST BEND MUTUAL INSURANCE COMPANY WELFARE PLAN TERM LIFE INSURANCE 2016 401k membership
Total participants, beginning-of-year2016-01-011,296
Total number of active participants reported on line 7a of the Form 55002016-01-011,194
Number of retired or separated participants receiving benefits2016-01-01118
Total of all active and inactive participants2016-01-011,312
2015: WEST BEND MUTUAL INSURANCE COMPANY WELFARE PLAN TERM LIFE INSURANCE 2015 401k membership
Total participants, beginning-of-year2015-01-011,249
Total number of active participants reported on line 7a of the Form 55002015-01-011,184
Number of retired or separated participants receiving benefits2015-01-01112
Total of all active and inactive participants2015-01-011,296
2014: WEST BEND MUTUAL INSURANCE COMPANY WELFARE PLAN TERM LIFE INSURANCE 2014 401k membership
Total participants, beginning-of-year2014-01-011,180
Total number of active participants reported on line 7a of the Form 55002014-01-011,133
Number of retired or separated participants receiving benefits2014-01-01116
Total of all active and inactive participants2014-01-011,249
2013: WEST BEND MUTUAL INSURANCE COMPANY WELFARE PLAN TERM LIFE INSURANCE 2013 401k membership
Total participants, beginning-of-year2013-01-011,122
Total number of active participants reported on line 7a of the Form 55002013-01-011,060
Number of retired or separated participants receiving benefits2013-01-01120
Total of all active and inactive participants2013-01-011,180
2012: WEST BEND MUTUAL INSURANCE COMPANY WELFARE PLAN TERM LIFE INSURANCE 2012 401k membership
Total participants, beginning-of-year2012-01-011,084
Total number of active participants reported on line 7a of the Form 55002012-01-01998
Number of retired or separated participants receiving benefits2012-01-01124
Total of all active and inactive participants2012-01-011,122
2011: WEST BEND MUTUAL INSURANCE COMPANY WELFARE PLAN TERM LIFE INSURANCE 2011 401k membership
Total participants, beginning-of-year2011-01-011,074
Total number of active participants reported on line 7a of the Form 55002011-01-01978
Number of retired or separated participants receiving benefits2011-01-01106
Number of other retired or separated participants entitled to future benefits2011-01-010
Total of all active and inactive participants2011-01-011,084
2009: WEST BEND MUTUAL INSURANCE COMPANY WELFARE PLAN TERM LIFE INSURANCE 2009 401k membership
Total participants, beginning-of-year2009-01-011,050
Total number of active participants reported on line 7a of the Form 55002009-01-01971
Number of retired or separated participants receiving benefits2009-01-0198
Number of other retired or separated participants entitled to future benefits2009-01-010
Total of all active and inactive participants2009-01-011,069

Form 5500 Responses for WEST BEND MUTUAL INSURANCE COMPANY WELFARE PLAN TERM LIFE INSURANCE

2022: WEST BEND MUTUAL INSURANCE COMPANY WELFARE PLAN TERM LIFE INSURANCE 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedNo
2022-01-01This submission is the final filingNo
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – InsuranceYes
2022-01-01Plan benefit arrangement – InsuranceYes
2021: WEST BEND MUTUAL INSURANCE COMPANY WELFARE PLAN TERM LIFE INSURANCE 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedNo
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – InsuranceYes
2021-01-01Plan benefit arrangement – InsuranceYes
2020: WEST BEND MUTUAL INSURANCE COMPANY WELFARE PLAN TERM LIFE INSURANCE 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – InsuranceYes
2020-01-01Plan benefit arrangement – InsuranceYes
2019: WEST BEND MUTUAL INSURANCE COMPANY WELFARE PLAN TERM LIFE INSURANCE 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – InsuranceYes
2019-01-01Plan benefit arrangement – InsuranceYes
2018: WEST BEND MUTUAL INSURANCE COMPANY WELFARE PLAN TERM LIFE INSURANCE 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – InsuranceYes
2018-01-01Plan benefit arrangement – InsuranceYes
2017: WEST BEND MUTUAL INSURANCE COMPANY WELFARE PLAN TERM LIFE INSURANCE 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – InsuranceYes
2017-01-01Plan benefit arrangement – InsuranceYes
2016: WEST BEND MUTUAL INSURANCE COMPANY WELFARE PLAN TERM LIFE INSURANCE 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – InsuranceYes
2016-01-01Plan benefit arrangement – InsuranceYes
2015: WEST BEND MUTUAL INSURANCE COMPANY WELFARE PLAN TERM LIFE INSURANCE 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – InsuranceYes
2015-01-01Plan benefit arrangement – InsuranceYes
2014: WEST BEND MUTUAL INSURANCE COMPANY WELFARE PLAN TERM LIFE INSURANCE 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – InsuranceYes
2014-01-01Plan benefit arrangement – InsuranceYes
2013: WEST BEND MUTUAL INSURANCE COMPANY WELFARE PLAN TERM LIFE INSURANCE 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedNo
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planNo
2013-01-01Plan funding arrangement – InsuranceYes
2013-01-01Plan benefit arrangement – InsuranceYes
2012: WEST BEND MUTUAL INSURANCE COMPANY WELFARE PLAN TERM LIFE INSURANCE 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – InsuranceYes
2012-01-01Plan benefit arrangement – InsuranceYes
2011: WEST BEND MUTUAL INSURANCE COMPANY WELFARE PLAN TERM LIFE INSURANCE 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – InsuranceYes
2011-01-01Plan benefit arrangement – InsuranceYes
2009: WEST BEND MUTUAL INSURANCE COMPANY WELFARE PLAN TERM LIFE INSURANCE 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – InsuranceYes
2009-01-01Plan benefit arrangement – InsuranceYes

Insurance Providers Used on plan

STANDARD INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 69019 )
Policy contract number148233
Policy instance 1
Insurance contract or identification number148233
Number of Individuals Covered1573
Insurance policy start date2022-01-01
Insurance policy end date2022-12-31
Total amount of commissions paid to insurance brokerUSD $85,906
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitYes
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Welfare Benefit Premiums Paid to CarrierUSD $0
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $84,432
Insurance broker organization code?3
STANDARD INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 69019 )
Policy contract number148233
Policy instance 1
Insurance contract or identification number148233
Number of Individuals Covered1371
Insurance policy start date2021-01-01
Insurance policy end date2021-12-31
Total amount of commissions paid to insurance brokerUSD $62,910
Total amount of fees paid to insurance companyUSD $22,045
Life Insurance Welfare BenefitYes
Other welfare benefits providedAD&D
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $62,910
Amount paid for insurance broker fees20579
Additional information about fees paid to insurance brokerCONTINGENT COMMISSION
Insurance broker organization code?3
STANDARD INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 69019 )
Policy contract number148233
Policy instance 1
Insurance contract or identification number148233
Number of Individuals Covered1508
Insurance policy start date2020-01-01
Insurance policy end date2020-12-31
Total amount of commissions paid to insurance brokerUSD $47,067
Total amount of fees paid to insurance companyUSD $22,272
Life 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 $47,067
Amount paid for insurance broker fees20880
Additional information about fees paid to insurance brokerCONTINGENT COMPENSATION
Insurance broker organization code?3
STANDARD INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 69019 )
Policy contract number148233
Policy instance 1
Insurance contract or identification number148233
Number of Individuals Covered1455
Insurance policy start date2019-01-01
Insurance policy end date2019-12-31
Total amount of commissions paid to insurance brokerUSD $56,491
Total amount of fees paid to insurance companyUSD $12,314
Life 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 $56,491
Amount paid for insurance broker fees12314
Additional information about fees paid to insurance brokerCONTINGENT COMPENSATION
Insurance broker organization code?3
STANDARD INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 69019 )
Policy contract number148233
Policy instance 1
Insurance contract or identification number148233
Number of Individuals Covered1318
Insurance policy start date2017-01-01
Insurance policy end date2017-12-31
Total amount of commissions paid to insurance brokerUSD $49,831
Total amount of fees paid to insurance companyUSD $15,506
Life 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 $49,831
Amount paid for insurance broker fees14399
Additional information about fees paid to insurance brokerCONTINGENT COMPENSATION
Insurance broker organization code?3
Insurance broker nameC2 CENTRIC LLC
STANDARD INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 69019 )
Policy contract number148233
Policy instance 1
Insurance contract or identification number148233
Number of Individuals Covered1296
Insurance policy start date2015-01-01
Insurance policy end date2015-12-31
Total amount of commissions paid to insurance brokerUSD $39,955
Total amount of fees paid to insurance companyUSD $12,779
Life 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 $39,955
Amount paid for insurance broker fees12033
Additional information about fees paid to insurance brokerCONTINGENT COMPENSATION
Insurance broker organization code?3
Insurance broker nameC2 CENTRIC LLC
STANDARD INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 69019 )
Policy contract number148233
Policy instance 1
Insurance contract or identification number148233
Number of Individuals Covered1249
Insurance policy start date2014-01-01
Insurance policy end date2014-12-31
Total amount of commissions paid to insurance brokerUSD $39,199
Total amount of fees paid to insurance companyUSD $13,994
Life Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $0
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $39,199
Amount paid for insurance broker fees13994
Additional information about fees paid to insurance brokerCONTINGENT COMPENSATION PAID
Insurance broker organization code?3
Insurance broker nameM3 INSURANCE SOLUTIONS, INC.
STANDARD INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 69019 )
Policy contract number148233
Policy instance 1
Insurance contract or identification number148233
Number of Individuals Covered1180
Insurance policy start date2013-01-01
Insurance policy end date2013-12-31
Total amount of commissions paid to insurance brokerUSD $37,824
Total amount of fees paid to insurance companyUSD $4,378
Life 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 $37,824
Amount paid for insurance broker fees4378
Additional information about fees paid to insurance brokerCONTINGENT COMPENSATION PAID
Insurance broker organization code?3
Insurance broker nameM3 INSURANCE SOLUTIONS, INC.
STANDARD INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 69019 )
Policy contract number148233
Policy instance 1
Insurance contract or identification number148233
Number of Individuals Covered1122
Insurance policy start date2012-01-01
Insurance policy end date2012-12-31
Total amount of commissions paid to insurance brokerUSD $34,528
Total amount of fees paid to insurance companyUSD $0
Life 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 $34,528
Insurance broker organization code?3
Insurance broker nameM3 INSURANCE SOLUTIONS, INC.
STANDARD INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 69019 )
Policy contract number148233
Policy instance 1
Insurance contract or identification number148233
Number of Individuals Covered1084
Insurance policy start date2011-01-01
Insurance policy end date2011-12-31
Total amount of commissions paid to insurance brokerUSD $25,326
Total amount of fees paid to insurance companyUSD $0
Life Insurance Welfare BenefitYes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
STANDARD INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 69019 )
Policy contract number148233
Policy instance 1
Insurance contract or identification number148233
Number of Individuals Covered1014
Insurance policy start date2010-01-01
Insurance policy end date2010-12-31
Total amount of commissions paid to insurance brokerUSD $28,964
Total amount of fees paid to insurance companyUSD $0
Life 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 $28,964
Amount paid for insurance broker fees0
Insurance broker organization code?3
Insurance broker nameWILLIS OF WISCONSIN INC

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