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WORKRISE TECHNOLOGIES, INC. MEDICAL PLAN 401k Plan overview

Plan NameWORKRISE TECHNOLOGIES, INC. MEDICAL PLAN
Plan identification number 501

WORKRISE TECHNOLOGIES, INC. MEDICAL PLAN Benefits

401k Plan TypeWelfare Benefit
Plan Features/Benefits
  • Health (other than dental or vision)
  • Life insurance
  • Dental
  • Vision
  • Temporary disability (accident and sickness)
  • Long-term disability cover
  • Death benefits (include travel accident but not life insurance)
  • Other welfare benefit cover

401k Sponsoring company profile

WORKRISE TECHNOLOGIES, INC. has sponsored the creation of one or more 401k plans.

Company Name:WORKRISE TECHNOLOGIES, INC.
Employer identification number (EIN):465175744
NAIC Classification:541600

Additional information about WORKRISE TECHNOLOGIES, INC.

Jurisdiction of Incorporation: Texas Secretary of State
Incorporation Date: 2014-04-17
Company Identification Number: 0801973532
Legal Registered Office Address: 111 CONGRESS AVE STE 1300

AUSTIN
United States of America (USA)
78701

More information about WORKRISE TECHNOLOGIES, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan WORKRISE TECHNOLOGIES, INC. MEDICAL PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
5012021-01-01BRITTLYN POHL2022-10-13
5012020-07-01BRITTLYN POHL2021-07-01
5012019-07-01BRITTLYN POHL2020-12-30

Plan Statistics for WORKRISE TECHNOLOGIES, INC. MEDICAL PLAN

401k plan membership statisitcs for WORKRISE TECHNOLOGIES, INC. MEDICAL PLAN

Measure Date Value
2021: WORKRISE TECHNOLOGIES, INC. MEDICAL PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-01570
Total number of active participants reported on line 7a of the Form 55002021-01-014,466
Number of retired or separated participants receiving benefits2021-01-011
Number of other retired or separated participants entitled to future benefits2021-01-010
Total of all active and inactive participants2021-01-014,467
2020: WORKRISE TECHNOLOGIES, INC. MEDICAL PLAN 2020 401k membership
Total participants, beginning-of-year2020-07-01533
Total number of active participants reported on line 7a of the Form 55002020-07-01556
Number of retired or separated participants receiving benefits2020-07-0114
Number of other retired or separated participants entitled to future benefits2020-07-010
Total of all active and inactive participants2020-07-01570
2019: WORKRISE TECHNOLOGIES, INC. MEDICAL PLAN 2019 401k membership
Total participants, beginning-of-year2019-07-01231
Total number of active participants reported on line 7a of the Form 55002019-07-01115
Number of retired or separated participants receiving benefits2019-07-0119
Number of other retired or separated participants entitled to future benefits2019-07-010
Total of all active and inactive participants2019-07-01134

Form 5500 Responses for WORKRISE TECHNOLOGIES, INC. MEDICAL PLAN

2021: WORKRISE TECHNOLOGIES, INC. MEDICAL PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedNo
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – InsuranceYes
2021-01-01Plan funding arrangement – General assets of the sponsorYes
2021-01-01Plan benefit arrangement – InsuranceYes
2021-01-01Plan benefit arrangement – General assets of the sponsorYes
2020: WORKRISE TECHNOLOGIES, INC. MEDICAL PLAN 2020 form 5500 responses
2020-07-01Type of plan entitySingle employer plan
2020-07-01Submission has been amendedNo
2020-07-01This submission is the final filingNo
2020-07-01This return/report is a short plan year return/report (less than 12 months)Yes
2020-07-01Plan is a collectively bargained planNo
2020-07-01Plan funding arrangement – General assets of the sponsorYes
2020-07-01Plan benefit arrangement – General assets of the sponsorYes
2019: WORKRISE TECHNOLOGIES, INC. MEDICAL PLAN 2019 form 5500 responses
2019-07-01Type of plan entitySingle employer plan
2019-07-01First time form 5500 has been submittedYes
2019-07-01Submission has been amendedNo
2019-07-01This submission is the final filingNo
2019-07-01This return/report is a short plan year return/report (less than 12 months)No
2019-07-01Plan is a collectively bargained planNo
2019-07-01Plan funding arrangement – General assets of the sponsorYes
2019-07-01Plan benefit arrangement – General assets of the sponsorYes

Insurance Providers Used on plan

METROPOLITAN LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65978 )
Policy contract number0230045
Policy instance 1
Insurance contract or identification number0230045
Number of Individuals Covered4466
Insurance policy start date2021-01-01
Insurance policy end date2021-12-31
Total amount of commissions paid to insurance brokerUSD $96,311
Total amount of fees paid to insurance companyUSD $12,997
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 providedACCIDENTAL DEATH AND DISMEMBERMENT
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 $907,308
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $96,311
Amount paid for insurance broker fees34
Additional information about fees paid to insurance brokerNON-MONETARY COMPENSATION
Insurance broker organization code?3

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