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FMI AFLAC PLAN 401k Plan overview

Plan NameFMI AFLAC PLAN
Plan identification number 502

FMI AFLAC PLAN Benefits

401k Plan TypeWelfare Benefit
Plan Features/Benefits
  • Temporary disability (accident and sickness)
  • Other welfare benefit cover

401k Sponsoring company profile

FOOD MANAGEMENT INVESTORS, INC. DBA CULTIVATE SOLUTIONS has sponsored the creation of one or more 401k plans.

Company Name:FOOD MANAGEMENT INVESTORS, INC. DBA CULTIVATE SOLUTIONS
Employer identification number (EIN):450417148
NAIC Classification:541600

Form 5500 Filing Information

Submission information for form 5500 for 401k plan FMI AFLAC PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
5022022-08-01TADD DEMARS2024-02-06
5022021-08-01TADD DEMARS2023-02-17
5022020-08-01TADD DEMARS2022-02-25
5022019-08-01TADD DEMARS2021-04-27

Plan Statistics for FMI AFLAC PLAN

401k plan membership statisitcs for FMI AFLAC PLAN

Measure Date Value
2022: FMI AFLAC PLAN 2022 401k membership
Total participants, beginning-of-year2022-08-01137
Total number of active participants reported on line 7a of the Form 55002022-08-01115
Total of all active and inactive participants2022-08-01115
Number of employers contributing to the scheme2022-08-018
2021: FMI AFLAC PLAN 2021 401k membership
Total participants, beginning-of-year2021-08-01113
Total number of active participants reported on line 7a of the Form 55002021-08-01137
Total of all active and inactive participants2021-08-01137
Number of employers contributing to the scheme2021-08-017
2020: FMI AFLAC PLAN 2020 401k membership
Total participants, beginning-of-year2020-08-0182
Total number of active participants reported on line 7a of the Form 55002020-08-01113
Total of all active and inactive participants2020-08-01113
Number of employers contributing to the scheme2020-08-015
2019: FMI AFLAC PLAN 2019 401k membership
Total participants, beginning-of-year2019-08-0190
Total number of active participants reported on line 7a of the Form 55002019-08-0182
Total of all active and inactive participants2019-08-0182
Number of employers contributing to the scheme2019-08-015

Form 5500 Responses for FMI AFLAC PLAN

2022: FMI AFLAC PLAN 2022 form 5500 responses
2022-08-01Type of plan entityMulti-employer plan
2022-08-01Plan is a collectively bargained planYes
2022-08-01Plan funding arrangement – InsuranceYes
2022-08-01Plan benefit arrangement – InsuranceYes
2021: FMI AFLAC PLAN 2021 form 5500 responses
2021-08-01Type of plan entityMulti-employer plan
2021-08-01Plan is a collectively bargained planYes
2021-08-01Plan funding arrangement – InsuranceYes
2021-08-01Plan benefit arrangement – InsuranceYes
2020: FMI AFLAC PLAN 2020 form 5500 responses
2020-08-01Type of plan entityMulti-employer plan
2020-08-01Plan is a collectively bargained planYes
2020-08-01Plan funding arrangement – InsuranceYes
2020-08-01Plan benefit arrangement – InsuranceYes
2019: FMI AFLAC PLAN 2019 form 5500 responses
2019-08-01Type of plan entityMulti-employer plan
2019-08-01First time form 5500 has been submittedYes
2019-08-01Plan is a collectively bargained planYes
2019-08-01Plan funding arrangement – InsuranceYes
2019-08-01Plan benefit arrangement – InsuranceYes

Insurance Providers Used on plan

AFLAC (National Association of Insurance Commissioners NAIC id number: 60380 )
Policy contract numberMGQ28
Policy instance 1
Insurance contract or identification numberMGQ28
Number of Individuals Covered169
Insurance policy start date2022-08-01
Insurance policy end date2023-07-31
Total amount of commissions paid to insurance brokerUSD $28,502
Total amount of fees paid to insurance companyUSD $668
Other welfare benefits providedACCIDENT, CANCER, HOSPITAL
Welfare Benefit Premiums Paid to CarrierUSD $178,306
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $6,242
Amount paid for insurance broker fees155
Additional information about fees paid to insurance brokerADMINISTRATION FEES
Insurance broker organization code?3
AFLAC (National Association of Insurance Commissioners NAIC id number: 60380 )
Policy contract numberMGQ28
Policy instance 1
Insurance contract or identification numberMGQ28
Number of Individuals Covered172
Insurance policy start date2021-08-01
Insurance policy end date2022-07-31
Total amount of commissions paid to insurance brokerUSD $36,287
Total amount of fees paid to insurance companyUSD $693
Other welfare benefits providedACCIDENT, CANCER, HOSPITAL
Welfare Benefit Premiums Paid to CarrierUSD $170,637
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $6,565
Amount paid for insurance broker fees95
Additional information about fees paid to insurance brokerADMINISTRATION FEES
Insurance broker organization code?3
AFLAC (National Association of Insurance Commissioners NAIC id number: 60380 )
Policy contract numberMGQ28
Policy instance 1
Insurance contract or identification numberMGQ28
Number of Individuals Covered181
Insurance policy start date2020-08-01
Insurance policy end date2021-07-31
Total amount of commissions paid to insurance brokerUSD $32,957
Total amount of fees paid to insurance companyUSD $2,063
Other welfare benefits providedACCIDENT, CANCER, HOSPITAL, ETC.
Welfare Benefit Premiums Paid to CarrierUSD $130,208
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $6,805
Amount paid for insurance broker fees113
Additional information about fees paid to insurance brokerADMINISTRATION FEES
Insurance broker organization code?3
AFLAC (National Association of Insurance Commissioners NAIC id number: 60380 )
Policy contract numberMGQ28
Policy instance 1
Insurance contract or identification numberMGQ28
Number of Individuals Covered138
Insurance policy start date2019-08-01
Insurance policy end date2020-07-31
Total amount of commissions paid to insurance brokerUSD $17,623
Total amount of fees paid to insurance companyUSD $883
Other welfare benefits providedACCIDENT, CANCER, HOSPITAL, ETC.
Welfare Benefit Premiums Paid to CarrierUSD $58,582
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $7,512
Amount paid for insurance broker fees691
Additional information about fees paid to insurance brokerADMINISTRATION FEES
Insurance broker organization code?3

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