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FRESH THYME FARMERS MARKET GROUP CRITCAL ILLNESS AND ACCIDENT PLAN 401k Plan overview

Plan NameFRESH THYME FARMERS MARKET GROUP CRITCAL ILLNESS AND ACCIDENT PLAN
Plan identification number 506

FRESH THYME FARMERS MARKET GROUP CRITCAL ILLNESS AND ACCIDENT PLAN Benefits

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

401k Sponsoring company profile

LAKES VENTURE LLC, D/B/A FRESH THYME MARKET has sponsored the creation of one or more 401k plans.

Company Name:LAKES VENTURE LLC, D/B/A FRESH THYME MARKET
Employer identification number (EIN):461124457
NAIC Classification:445110
NAIC Description:Supermarkets and Other Grocery (except Convenience) Stores

Form 5500 Filing Information

Submission information for form 5500 for 401k plan FRESH THYME FARMERS MARKET GROUP CRITCAL ILLNESS AND ACCIDENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
5062016-01-01DANIELLE BOYD
5062016-01-01JEFF POWERS2020-09-21
5062015-01-01DANIELLE BOYD DANIELLE BOYD2016-07-26

Plan Statistics for FRESH THYME FARMERS MARKET GROUP CRITCAL ILLNESS AND ACCIDENT PLAN

401k plan membership statisitcs for FRESH THYME FARMERS MARKET GROUP CRITCAL ILLNESS AND ACCIDENT PLAN

Measure Date Value
2016: FRESH THYME FARMERS MARKET GROUP CRITCAL ILLNESS AND ACCIDENT PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-01723
Total number of active participants reported on line 7a of the Form 55002016-01-011,150
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 participants2016-01-011,150
2015: FRESH THYME FARMERS MARKET GROUP CRITCAL ILLNESS AND ACCIDENT PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-01248
Total number of active participants reported on line 7a of the Form 55002015-01-010
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-010
Total of all active and inactive participants2015-01-010

Form 5500 Responses for FRESH THYME FARMERS MARKET GROUP CRITCAL ILLNESS AND ACCIDENT PLAN

2016: FRESH THYME FARMERS MARKET GROUP CRITCAL ILLNESS AND ACCIDENT PLAN 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: FRESH THYME FARMERS MARKET GROUP CRITCAL ILLNESS AND ACCIDENT PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01First time form 5500 has been submittedYes
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingYes
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

Insurance Providers Used on plan

UNUM LIFE INSURANCE COMPANY OF AMERICA (National Association of Insurance Commissioners NAIC id number: 62235 )
Policy contract numberR0567966
Policy instance 1
Insurance contract or identification numberR0567966
Number of Individuals Covered590
Insurance policy start date2015-01-01
Insurance policy end date2015-12-31
Total amount of commissions paid to insurance brokerUSD $49,875
Total amount of fees paid to insurance companyUSD $8,062
Other welfare benefits providedCRITICAL ILLNESS & ACCIDENT
Welfare Benefit Premiums Paid to CarrierUSD $80,690
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $37,409
Insurance broker organization code?3
Amount paid for insurance broker fees1258
Additional information about fees paid to insurance brokerADDITIONAL COMPENSATION PAID
Insurance broker nameHODGES-MACE BENEFITS GROUP INC.

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