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VELOCLOUD NETWORKS, INC. GROUP DENTAL, VISION, DISABILITY, & LIFE PLAN 401k Plan overview

Plan NameVELOCLOUD NETWORKS, INC. GROUP DENTAL, VISION, DISABILITY, & LIFE PLAN
Plan identification number 502

VELOCLOUD NETWORKS, INC. GROUP DENTAL, VISION, DISABILITY, & LIFE 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

VELOCLOUD NETWORKS, INC. has sponsored the creation of one or more 401k plans.

Company Name:VELOCLOUD NETWORKS, INC.
Employer identification number (EIN):461528558
NAIC Classification:541519
NAIC Description:Other Computer Related Services

Form 5500 Filing Information

Submission information for form 5500 for 401k plan VELOCLOUD NETWORKS, INC. GROUP DENTAL, VISION, DISABILITY, & LIFE PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
5022017-12-01MARCIA WADA

Plan Statistics for VELOCLOUD NETWORKS, INC. GROUP DENTAL, VISION, DISABILITY, & LIFE PLAN

401k plan membership statisitcs for VELOCLOUD NETWORKS, INC. GROUP DENTAL, VISION, DISABILITY, & LIFE PLAN

Measure Date Value
2017: VELOCLOUD NETWORKS, INC. GROUP DENTAL, VISION, DISABILITY, & LIFE PLAN 2017 401k membership
Total participants, beginning-of-year2017-12-01128
Total number of active participants reported on line 7a of the Form 55002017-12-010
Number of retired or separated participants receiving benefits2017-12-010
Number of other retired or separated participants entitled to future benefits2017-12-010
Total of all active and inactive participants2017-12-010

Form 5500 Responses for VELOCLOUD NETWORKS, INC. GROUP DENTAL, VISION, DISABILITY, & LIFE PLAN

2017: VELOCLOUD NETWORKS, INC. GROUP DENTAL, VISION, DISABILITY, & LIFE 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 filingYes
2017-12-01This return/report is a short plan year return/report (less than 12 months)Yes
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 numberTS05318744
Policy instance 1
Insurance contract or identification numberTS05318744
Number of Individuals Covered492
Insurance policy start date2017-12-01
Insurance policy end date2017-12-31
Total amount of commissions paid to insurance brokerUSD $2,631
Total amount of fees paid to insurance companyUSD $345
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
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 $25,727
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $1,152
Amount paid for insurance broker fees345
Additional information about fees paid to insurance brokerADDITIONAL BROKER COMPENSATION
Insurance broker organization code?3
Insurance broker nameTRIVIUM INSURANCE SERVICES INC

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