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SUMMITMEDIA, LLC MEDICAL BENEFIT PLAN 401k Plan overview

Plan NameSUMMITMEDIA, LLC MEDICAL BENEFIT PLAN
Plan identification number 505

SUMMITMEDIA, LLC MEDICAL BENEFIT PLAN Benefits

401k Plan TypeWelfare Benefit
Plan Features/Benefits
  • Health (other than dental or vision)

401k Sponsoring company profile

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

Company Name:SUMMITMEDIA, LLC
Employer identification number (EIN):461715921
NAIC Classification:524140

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SUMMITMEDIA, LLC MEDICAL BENEFIT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
5052022-08-01KEITH CUMMINGS2023-12-08
5052021-08-01KEITH CUMMINGS2023-12-08

Plan Statistics for SUMMITMEDIA, LLC MEDICAL BENEFIT PLAN

401k plan membership statisitcs for SUMMITMEDIA, LLC MEDICAL BENEFIT PLAN

Measure Date Value
2022: SUMMITMEDIA, LLC MEDICAL BENEFIT PLAN 2022 401k membership
Total participants, beginning-of-year2022-08-01303
Total number of active participants reported on line 7a of the Form 55002022-08-01280
Number of retired or separated participants receiving benefits2022-08-010
Number of other retired or separated participants entitled to future benefits2022-08-010
Total of all active and inactive participants2022-08-01280
Number of employers contributing to the scheme2022-08-010
2021: SUMMITMEDIA, LLC MEDICAL BENEFIT PLAN 2021 401k membership
Total participants, beginning-of-year2021-08-01303
Total number of active participants reported on line 7a of the Form 55002021-08-01303
Number of retired or separated participants receiving benefits2021-08-010
Number of other retired or separated participants entitled to future benefits2021-08-010
Total of all active and inactive participants2021-08-01303
Number of employers contributing to the scheme2021-08-010

Form 5500 Responses for SUMMITMEDIA, LLC MEDICAL BENEFIT PLAN

2022: SUMMITMEDIA, LLC MEDICAL BENEFIT PLAN 2022 form 5500 responses
2022-08-01Type of plan entitySingle employer plan
2022-08-01Plan funding arrangement – InsuranceYes
2022-08-01Plan benefit arrangement – InsuranceYes
2021: SUMMITMEDIA, LLC MEDICAL BENEFIT PLAN 2021 form 5500 responses
2021-08-01Type of plan entitySingle employer plan
2021-08-01First time form 5500 has been submittedYes
2021-08-01Plan funding arrangement – InsuranceYes
2021-08-01Plan benefit arrangement – InsuranceYes

Insurance Providers Used on plan

UNITEDHEALTHCARE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 79413 )
Policy contract number924989
Policy instance 1
Insurance contract or identification number924989
Number of Individuals Covered280
Insurance policy start date2022-08-01
Insurance policy end date2023-07-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $77,370
Health Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $1,470,909
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $0
Amount paid for insurance broker fees77370
Additional information about fees paid to insurance brokerSERVICE FEE AGREEMENT
Insurance broker organization code?3
UNITEDHEALTHCARE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 79413 )
Policy contract number924989
Policy instance 1
Insurance contract or identification number924989
Number of Individuals Covered303
Insurance policy start date2021-08-01
Insurance policy end date2022-07-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $79,904
Health Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $1,519,158
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $0
Amount paid for insurance broker fees79904
Additional information about fees paid to insurance brokerSERVICE FEE AGREEMENT
Insurance broker organization code?3

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