PALMETTO GOODWILL has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan PALMETTO GOODWILL SERVICES HEALTH AND WELFARE PLAN
401k plan membership statisitcs for PALMETTO GOODWILL SERVICES HEALTH AND WELFARE PLAN
| Measure | Date | Value |
|---|
| 2020 : PALMETTO GOODWILL SERVICES HEALTH AND WELFARE PLAN 2020 401k financial data |
|---|
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $20,499 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $214,369 |
| Total income from all sources (including contributions) | 2020-12-31 | $4,064,464 |
| Total of all expenses incurred | 2020-12-31 | $4,533,685 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $4,434,471 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $4,057,171 |
| Value of total assets at end of year | 2020-12-31 | $1,725,934 |
| Value of total assets at beginning of year | 2020-12-31 | $2,389,025 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $99,214 |
| Total interest from all sources | 2020-12-31 | $7,293 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
| Administrative expenses professional fees incurred | 2020-12-31 | $9,000 |
| Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
| Value of fidelity bond cover | 2020-12-31 | $1,000,000 |
| Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
| Contributions received from participants | 2020-12-31 | $443,159 |
| Participant contributions at end of year | 2020-12-31 | $3,651 |
| Participant contributions at beginning of year | 2020-12-31 | $15,214 |
| Liabilities. Value of operating payables at end of year | 2020-12-31 | $10,926 |
| Liabilities. Value of operating payables at beginning of year | 2020-12-31 | $14,049 |
| Total non interest bearing cash at beginning of year | 2020-12-31 | $26,103 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
| Value of net income/loss | 2020-12-31 | $-469,221 |
| Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $1,705,435 |
| Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $2,174,656 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2020-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2020-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $1,466,184 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $2,183,961 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2020-12-31 | $7,293 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2020-12-31 | $4,219,691 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2020-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2020-12-31 | No |
| Contributions received in cash from employer | 2020-12-31 | $3,614,012 |
| Employer contributions (assets) at end of year | 2020-12-31 | $256,099 |
| Employer contributions (assets) at beginning of year | 2020-12-31 | $163,747 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $214,780 |
| Contract administrator fees | 2020-12-31 | $90,214 |
| Liabilities. Value of benefit claims payable at end of year | 2020-12-31 | $9,573 |
| Liabilities. Value of benefit claims payable at beginning of year | 2020-12-31 | $200,320 |
| Did the plan have assets held for investment | 2020-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2020-12-31 | Unqualified |
| Accountancy firm name | 2020-12-31 | STEVEN C BUTLER, CPA |
| Accountancy firm EIN | 2020-12-31 | 752515634 |
| 2018 : PALMETTO GOODWILL SERVICES HEALTH AND WELFARE PLAN 2018 401k financial data |
|---|
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $29,012 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $31,777 |
| Total income from all sources (including contributions) | 2018-12-31 | $3,958,018 |
| Total of all expenses incurred | 2018-12-31 | $4,181,336 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-12-31 | $4,116,543 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-12-31 | $3,918,604 |
| Value of total assets at end of year | 2018-12-31 | $2,836,990 |
| Value of total assets at beginning of year | 2018-12-31 | $3,063,073 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-12-31 | $64,793 |
| Total interest from all sources | 2018-12-31 | $39,414 |
| Administrative expenses professional fees incurred | 2018-12-31 | $44,385 |
| Was this plan covered by a fidelity bond | 2018-12-31 | Yes |
| Value of fidelity bond cover | 2018-12-31 | $1,000,000 |
| If this is an individual account plan, was there a blackout period | 2018-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2018-12-31 | No |
| Contributions received from participants | 2018-12-31 | $450,425 |
| Participant contributions at end of year | 2018-12-31 | $2,976 |
| Participant contributions at beginning of year | 2018-12-31 | $6,888 |
| Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2018-12-31 | $19,529 |
| Administrative expenses (other) incurred | 2018-12-31 | $3,491 |
| Liabilities. Value of operating payables at beginning of year | 2018-12-31 | $14,274 |
| Total non interest bearing cash at end of year | 2018-12-31 | $35,210 |
| Total non interest bearing cash at beginning of year | 2018-12-31 | $10,493 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
| Value of net income/loss | 2018-12-31 | $-223,318 |
| Value of net assets at end of year (total assets less liabilities) | 2018-12-31 | $2,807,978 |
| Value of net assets at beginning of year (total assets less liabilities) | 2018-12-31 | $3,031,296 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2018-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2018-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2018-12-31 | No |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2018-12-31 | $2,650,165 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2018-12-31 | $2,644,084 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2018-12-31 | $2,644,084 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2018-12-31 | $39,414 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2018-12-31 | $4,094,263 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2018-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2018-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2018-12-31 | No |
| Contributions received in cash from employer | 2018-12-31 | $3,468,179 |
| Employer contributions (assets) at end of year | 2018-12-31 | $148,639 |
| Employer contributions (assets) at beginning of year | 2018-12-31 | $401,608 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-12-31 | $2,751 |
| Contract administrator fees | 2018-12-31 | $16,917 |
| Liabilities. Value of benefit claims payable at end of year | 2018-12-31 | $29,012 |
| Liabilities. Value of benefit claims payable at beginning of year | 2018-12-31 | $17,503 |
| Did the plan have assets held for investment | 2018-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2018-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2018-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2018-12-31 | Unqualified |
| Accountancy firm name | 2018-12-31 | STEVEN C BUTLER, CPA |
| Accountancy firm EIN | 2018-12-31 | 752515634 |
| UNITED BEHAVIORAL HEALTH DBA OPTUM (National Association of Insurance Commissioners NAIC id number: 79413 ) |
| Policy contract number | 15319 |
| Policy instance | 6 |
| Insurance contract or identification number | 15319 | | Number of Individuals Covered | 1435 | | Insurance policy start date | 2020-01-01 | | Insurance policy end date | 2020-12-31 | | Other welfare benefits provided | BEHAVIORAL HEALTH | | Welfare Benefit Premiums Paid to Carrier | USD $19,307 |
|
| SUN LIFE ASSURANCE COMPANY OF CANADA (National Association of Insurance Commissioners NAIC id number: 80802 ) |
| Policy contract number | 918675 |
| Policy instance | 5 |
| Insurance contract or identification number | 918675 | | Number of Individuals Covered | 398 | | Insurance policy start date | 2020-01-01 | | Insurance policy end date | 2020-12-31 | | Total amount of commissions paid to insurance broker | USD $39,113 | | Total amount of fees paid to insurance company | USD $6,227 | | Temporary Disability Insurance Welfare Benefit | Yes | | Welfare Benefit Premiums Paid to Carrier | USD $283,119 | | Commission paid to Insurance Broker | USD $39,113 | | Amount paid for insurance broker fees | 6227 | | Additional information about fees paid to insurance broker | BONUS | | Insurance broker organization code? | 3 |
|
| BLUE CROSS BLUE SHIELD OF SOUTH CAROLINA (National Association of Insurance Commissioners NAIC id number: 38520 ) |
| Policy contract number | 70-85429-00 |
| Policy instance | 4 |
| Insurance contract or identification number | 70-85429-00 | | Number of Individuals Covered | 444 | | Insurance policy start date | 2020-01-01 | | Insurance policy end date | 2020-12-31 | | Total amount of commissions paid to insurance broker | USD $72,366 | | Health Insurance Welfare Benefit | Yes | | Commission paid to Insurance Broker | USD $72,366 |
|
| SUN LIFE ASSURANCE COMPANY OF CANADA (National Association of Insurance Commissioners NAIC id number: 80802 ) |
| Policy contract number | 920478 |
| Policy instance | 3 |
| Insurance contract or identification number | 920478 | | Number of Individuals Covered | 718 | | Insurance policy start date | 2020-01-01 | | Insurance policy end date | 2020-12-31 | | Total amount of commissions paid to insurance broker | USD $24,959 | | Total amount of fees paid to insurance company | USD $3,012 | | Welfare Benefit Premiums Paid to Carrier | USD $218,518 | | Commission paid to Insurance Broker | USD $24,959 | | Amount paid for insurance broker fees | 3012 | | Additional information about fees paid to insurance broker | BONUS | | Insurance broker organization code? | 3 |
|
| DELTA DENTAL OF MISSOURI (National Association of Insurance Commissioners NAIC id number: 55697 ) |
| Policy contract number | 67001001 |
| Policy instance | 2 |
| Insurance contract or identification number | 67001001 | | Number of Individuals Covered | 296 | | Insurance policy start date | 2020-01-01 | | Insurance policy end date | 2020-12-31 | | Total amount of commissions paid to insurance broker | USD $10,406 | | Dental Insurance Welfare Benefit | Yes | | Welfare Benefit Premiums Paid to Carrier | USD $92,718 | | Commission paid to Insurance Broker | USD $10,406 | | Insurance broker organization code? | 3 |
|
| PHYSICIANS EYECARE PLAN (National Association of Insurance Commissioners NAIC id number: 00000 ) |
| Policy contract number | 00344 |
| Policy instance | 1 |
| Insurance contract or identification number | 00344 | | Number of Individuals Covered | 535 | | Insurance policy start date | 2020-01-01 | | Insurance policy end date | 2020-12-31 | | Total amount of commissions paid to insurance broker | USD $5,135 | | Welfare Benefit Premiums Paid to Carrier | USD $51,350 | | Commission paid to Insurance Broker | USD $5,135 | | Insurance broker organization code? | 3 |
|
| UNITED BEHAVIORAL HEALTH DBA OPTUM (National Association of Insurance Commissioners NAIC id number: 79413 ) |
| Policy contract number | 15319 |
| Policy instance | 7 |
| Insurance contract or identification number | 15319 | | Number of Individuals Covered | 1242 | | Insurance policy start date | 2018-01-01 | | Insurance policy end date | 2018-12-31 | | Total amount of commissions paid to insurance broker | USD $11,572 | | Commission paid to Insurance Broker | USD $11,572 | | Additional information about fees paid to insurance broker | HEALTH INSURANCE | | Insurance broker organization code? | 3 |
|
| COLONIAL LIFE & ACCIDENT INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 62049 ) |
| Policy contract number | E4577979 |
| Policy instance | 6 |
| Insurance contract or identification number | E4577979 | | Number of Individuals Covered | 36 | | Insurance policy start date | 2018-01-01 | | Insurance policy end date | 2018-12-31 | | Total amount of commissions paid to insurance broker | USD $722 | | Commission paid to Insurance Broker | USD $2 | | Additional information about fees paid to insurance broker | DISABILITY INSURANCE | | Insurance broker organization code? | 3 |
|
| BLUE CROSS BLUE SHIELD OF SOUTH CAROLINA (National Association of Insurance Commissioners NAIC id number: 38520 ) |
| Policy contract number | 70-85429-00 |
| Policy instance | 5 |
| Insurance contract or identification number | 70-85429-00 | | Number of Individuals Covered | 536 | | Insurance policy start date | 2018-01-01 | | Insurance policy end date | 2018-12-31 | | Total amount of commissions paid to insurance broker | USD $59,076 | | Commission paid to Insurance Broker | USD $59,076 | | Additional information about fees paid to insurance broker | HEALTH INSURANCE | | Insurance broker organization code? | 3 |
|
| COLONIAL LIFE & ACCIDENT INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 62049 ) |
| Policy contract number | E7722523 |
| Policy instance | 4 |
| Insurance contract or identification number | E7722523 | | Number of Individuals Covered | 11 | | Insurance policy start date | 2018-01-01 | | Insurance policy end date | 2018-12-31 | | Total amount of commissions paid to insurance broker | USD $60 | | Commission paid to Insurance Broker | USD $22 | | Additional information about fees paid to insurance broker | LIFE INSURANCE | | Insurance broker organization code? | 3 |
|
| DELTA DENTAL OF MISSOURI (National Association of Insurance Commissioners NAIC id number: 55697 ) |
| Policy contract number | 67001001 |
| Policy instance | 3 |
| Insurance contract or identification number | 67001001 | | Number of Individuals Covered | 278 | | Insurance policy start date | 2018-01-01 | | Insurance policy end date | 2018-12-31 | | Total amount of commissions paid to insurance broker | USD $9,248 | | Commission paid to Insurance Broker | USD $9,248 | | Additional information about fees paid to insurance broker | DENTAL COVERAGE | | Insurance broker organization code? | 3 |
|
| UNION SECURITY INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 70408 ) |
| Policy contract number | 5448883 |
| Policy instance | 2 |
| Insurance contract or identification number | 5448883 | | Number of Individuals Covered | 649 | | Insurance policy start date | 2018-01-01 | | Insurance policy end date | 2018-12-31 | | Total amount of commissions paid to insurance broker | USD $21,161 | | Total amount of fees paid to insurance company | USD $10,810 | | Life Insurance Welfare Benefit | Yes | | Temporary Disability Insurance Welfare Benefit | Yes | | Welfare Benefit Premiums Paid to Carrier | USD $154,531 | | Commission paid to Insurance Broker | USD $4,039 | | Additional information about fees paid to insurance broker | GROUP TERM LIFE INSURANCE | | Insurance broker organization code? | 3 | | Amount paid for insurance broker fees | 1615 |
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