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FRANKLIN EQUIPMENT, LLC VISION/ANCILLARY PLAN 401k Plan overview

Plan NameFRANKLIN EQUIPMENT, LLC VISION/ANCILLARY PLAN
Plan identification number 503

FRANKLIN EQUIPMENT, LLC VISION/ANCILLARY PLAN Benefits

401k Plan TypeWelfare Benefit
Plan Features/Benefits
  • Life insurance
  • Dental
  • Vision
  • Temporary disability (accident and sickness)
  • Long-term disability cover
  • Other welfare benefit cover

401k Sponsoring company profile

FRANKLIN EQUIPMENT, LLC has sponsored the creation of one or more 401k plans.

Company Name:FRANKLIN EQUIPMENT, LLC
Employer identification number (EIN):421751501
NAIC Classification:532400
NAIC Description: Commercial and Industrial Machinery and Equipment Rental and Leasing

Additional information about FRANKLIN EQUIPMENT, LLC

Jurisdiction of Incorporation: Ohio Secretary of State Business Services Division
Incorporation Date: 2007-12-19
Company Identification Number: 1746719
Legal Registered Office Address: 1689 E FRONT ST
-
LOGAN
United States of America (USA)
43138

More information about FRANKLIN EQUIPMENT, LLC

Form 5500 Filing Information

Submission information for form 5500 for 401k plan FRANKLIN EQUIPMENT, LLC VISION/ANCILLARY PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
5032019-12-01
5032018-12-01
5032017-12-01

Plan Statistics for FRANKLIN EQUIPMENT, LLC VISION/ANCILLARY PLAN

401k plan membership statisitcs for FRANKLIN EQUIPMENT, LLC VISION/ANCILLARY PLAN

Measure Date Value
2019: FRANKLIN EQUIPMENT, LLC VISION/ANCILLARY PLAN 2019 401k membership
Total participants, beginning-of-year2019-12-01386
Total number of active participants reported on line 7a of the Form 55002019-12-010
Total of all active and inactive participants2019-12-010
2018: FRANKLIN EQUIPMENT, LLC VISION/ANCILLARY PLAN 2018 401k membership
Total participants, beginning-of-year2018-12-01208
Total number of active participants reported on line 7a of the Form 55002018-12-01210
Total of all active and inactive participants2018-12-01210
2017: FRANKLIN EQUIPMENT, LLC VISION/ANCILLARY PLAN 2017 401k membership
Total participants, beginning-of-year2017-12-01118
Total number of active participants reported on line 7a of the Form 55002017-12-01191
Total of all active and inactive participants2017-12-01191

Form 5500 Responses for FRANKLIN EQUIPMENT, LLC VISION/ANCILLARY PLAN

2019: FRANKLIN EQUIPMENT, LLC VISION/ANCILLARY PLAN 2019 form 5500 responses
2019-12-01Type of plan entitySingle employer plan
2019-12-01Submission has been amendedNo
2019-12-01This submission is the final filingYes
2019-12-01This return/report is a short plan year return/report (less than 12 months)No
2019-12-01Plan is a collectively bargained planNo
2019-12-01Plan funding arrangement – InsuranceYes
2019-12-01Plan benefit arrangement – InsuranceYes
2018: FRANKLIN EQUIPMENT, LLC VISION/ANCILLARY PLAN 2018 form 5500 responses
2018-12-01Type of plan entitySingle employer plan
2018-12-01Submission has been amendedNo
2018-12-01This submission is the final filingNo
2018-12-01This return/report is a short plan year return/report (less than 12 months)No
2018-12-01Plan is a collectively bargained planNo
2018-12-01Plan funding arrangement – InsuranceYes
2018-12-01Plan benefit arrangement – InsuranceYes
2017: FRANKLIN EQUIPMENT, LLC VISION/ANCILLARY PLAN 2017 form 5500 responses
2017-12-01Type of plan entitySingle employer plan
2017-12-01First time form 5500 has been submittedYes
2017-12-01Submission has been amendedNo
2017-12-01This submission is the final filingNo
2017-12-01This return/report is a short plan year return/report (less than 12 months)No
2017-12-01Plan is a collectively bargained planNo
2017-12-01Plan funding arrangement – InsuranceYes
2017-12-01Plan benefit arrangement – InsuranceYes

Insurance Providers Used on plan

METROPOLITAN LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65978 )
Policy contract number5949056
Policy instance 1
Insurance contract or identification number5949056
Number of Individuals Covered550
Insurance policy start date2019-12-01
Insurance policy end date2020-11-30
Total amount of commissions paid to insurance brokerUSD $61,557
Total amount of fees paid to insurance companyUSD $25,984
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 BenefitYes
Vision Insurance Welfare BenefitYes
Life Insurance Welfare BenefitYes
Temporary Disability Insurance Welfare BenefitYes
Long Term Disability Insurance Welfare BenefitYes
Unemployment Insurance Welfare BenefitNo
Other welfare benefits providedAD&D, VOL. LIFE
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 $338,499
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $43,945
Amount paid for insurance broker fees1889
Additional information about fees paid to insurance brokerSUPPLEMENTAL COMPENSATION DENTAL- 1054 VISION- 835
Insurance broker organization code?3
METROPOLITAN LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65978 )
Policy contract number5949056
Policy instance 1
Insurance contract or identification number5949056
Number of Individuals Covered432
Insurance policy start date2018-12-01
Insurance policy end date2019-11-30
Total amount of commissions paid to insurance brokerUSD $3,973
Total amount of fees paid to insurance companyUSD $1,693
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 BenefitYes
Vision Insurance Welfare BenefitYes
Life Insurance Welfare BenefitNo
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 $68,968
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $2,649
Insurance broker organization code?3
Amount paid for insurance broker fees369
Additional information about fees paid to insurance brokerNON-MONETARY COMPENSATION- 16 SUPPLEMENTAL COMPENSATION- 353
METROPOLITAN LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65978 )
Policy contract number5949056
Policy instance 1
Insurance contract or identification number5949056
Number of Individuals Covered29
Insurance policy start date2017-12-01
Insurance policy end date2018-11-30
Total amount of commissions paid to insurance brokerUSD $2,595
Total amount of fees paid to insurance companyUSD $1,889
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 BenefitYes
Life Insurance Welfare BenefitNo
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 $19,171
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $1,730
Insurance broker organization code?3
Amount paid for insurance broker fees1024
Additional information about fees paid to insurance brokerSUPPLEMENTAL COMPENSATION

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