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SARACH SYSTEMS, INC. DBA RELIANCE STAFFING PLAN 401k Plan overview

Plan NameSARACH SYSTEMS, INC. DBA RELIANCE STAFFING PLAN
Plan identification number 510

SARACH SYSTEMS, INC. DBA RELIANCE STAFFING PLAN Benefits

401k Plan TypeWelfare Benefit
Plan Features/Benefits
  • Health (other than dental or vision)
  • Life insurance
  • Dental
  • Vision
  • Temporary disability (accident and sickness)

401k Sponsoring company profile

SARACH SYSTEMS, INC has sponsored the creation of one or more 401k plans.

Company Name:SARACH SYSTEMS, INC
Employer identification number (EIN):541198524
NAIC Classification:561300

Additional information about SARACH SYSTEMS, INC

Jurisdiction of Incorporation: Virginia Secretary of State
Incorporation Date: 1982-04-23
Company Identification Number: 0229135
Legal Registered Office Address: 303 LYNNHAVEN PKWY

VIRGINIA BEACH
United States of America (USA)
23452

More information about SARACH SYSTEMS, INC

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SARACH SYSTEMS, INC. DBA RELIANCE STAFFING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
5102018-08-01
5102017-08-01THOMAS S. SARACH, JR. THOMAS S. SARACH, JR.2018-10-26
5102016-08-01THOMAS S. SARACH, JR. THOMAS S. SARACH, JR.2017-11-15
5102015-08-01THOMAS S. SARACH, JR. THOMAS S. SARACH, JR.2017-01-13
5102015-08-01THOMAS S. SARACH, JR. THOMAS S. SARACH, JR.2017-01-13
5102014-08-01THOMAS S. SARACH, JR. THOMAS S. SARACH, JR.2015-12-15
5102013-08-01THOMAS S. SARACH, JR. THOMAS S. SARACH, JR.2014-12-16
5102012-08-01THOMAS S. SARACH, JR. THOMAS S. SARACH, JR.2013-12-12
5102011-08-01THOMAS S. SARACH, JR. THOMAS S. SARACH, JR.2012-11-28

Plan Statistics for SARACH SYSTEMS, INC. DBA RELIANCE STAFFING PLAN

401k plan membership statisitcs for SARACH SYSTEMS, INC. DBA RELIANCE STAFFING PLAN

Measure Date Value
2018: SARACH SYSTEMS, INC. DBA RELIANCE STAFFING PLAN 2018 401k membership
Total participants, beginning-of-year2018-08-010
Total number of active participants reported on line 7a of the Form 55002018-08-010
Number of retired or separated participants receiving benefits2018-08-010
Number of other retired or separated participants entitled to future benefits2018-08-010
Total of all active and inactive participants2018-08-010
2017: SARACH SYSTEMS, INC. DBA RELIANCE STAFFING PLAN 2017 401k membership
Total participants, beginning-of-year2017-08-010
Total number of active participants reported on line 7a of the Form 55002017-08-010
Number of retired or separated participants receiving benefits2017-08-010
Number of other retired or separated participants entitled to future benefits2017-08-010
Total of all active and inactive participants2017-08-010
2016: SARACH SYSTEMS, INC. DBA RELIANCE STAFFING PLAN 2016 401k membership
Total participants, beginning-of-year2016-08-010
Total number of active participants reported on line 7a of the Form 55002016-08-010
Number of retired or separated participants receiving benefits2016-08-010
Number of other retired or separated participants entitled to future benefits2016-08-010
Total of all active and inactive participants2016-08-010
2015: SARACH SYSTEMS, INC. DBA RELIANCE STAFFING PLAN 2015 401k membership
Total participants, beginning-of-year2015-08-01207
Total number of active participants reported on line 7a of the Form 55002015-08-010
Number of retired or separated participants receiving benefits2015-08-010
Number of other retired or separated participants entitled to future benefits2015-08-010
Total of all active and inactive participants2015-08-010
2014: SARACH SYSTEMS, INC. DBA RELIANCE STAFFING PLAN 2014 401k membership
Total participants, beginning-of-year2014-08-01233
Total number of active participants reported on line 7a of the Form 55002014-08-01207
Number of retired or separated participants receiving benefits2014-08-010
Number of other retired or separated participants entitled to future benefits2014-08-010
Total of all active and inactive participants2014-08-01207
2013: SARACH SYSTEMS, INC. DBA RELIANCE STAFFING PLAN 2013 401k membership
Total participants, beginning-of-year2013-08-01147
Total number of active participants reported on line 7a of the Form 55002013-08-01233
Total of all active and inactive participants2013-08-01233
2012: SARACH SYSTEMS, INC. DBA RELIANCE STAFFING PLAN 2012 401k membership
Total participants, beginning-of-year2012-08-01172
Total number of active participants reported on line 7a of the Form 55002012-08-01147
Total of all active and inactive participants2012-08-01147
2011: SARACH SYSTEMS, INC. DBA RELIANCE STAFFING PLAN 2011 401k membership
Total participants, beginning-of-year2011-08-01138
Total number of active participants reported on line 7a of the Form 55002011-08-01172
Total of all active and inactive participants2011-08-01172

Form 5500 Responses for SARACH SYSTEMS, INC. DBA RELIANCE STAFFING PLAN

2018: SARACH SYSTEMS, INC. DBA RELIANCE STAFFING PLAN 2018 form 5500 responses
2018-08-01Type of plan entitySingle employer plan
2018-08-01This submission is the final filingYes
2018-08-01Plan funding arrangement – InsuranceYes
2018-08-01Plan benefit arrangement – InsuranceYes
2017: SARACH SYSTEMS, INC. DBA RELIANCE STAFFING PLAN 2017 form 5500 responses
2017-08-01Type of plan entitySingle employer plan
2017-08-01Plan funding arrangement – InsuranceYes
2017-08-01Plan benefit arrangement – InsuranceYes
2016: SARACH SYSTEMS, INC. DBA RELIANCE STAFFING PLAN 2016 form 5500 responses
2016-08-01Type of plan entitySingle employer plan
2016-08-01Plan funding arrangement – InsuranceYes
2016-08-01Plan benefit arrangement – InsuranceYes
2015: SARACH SYSTEMS, INC. DBA RELIANCE STAFFING PLAN 2015 form 5500 responses
2015-08-01Type of plan entitySingle employer plan
2015-08-01Plan funding arrangement – InsuranceYes
2015-08-01Plan benefit arrangement – InsuranceYes
2014: SARACH SYSTEMS, INC. DBA RELIANCE STAFFING PLAN 2014 form 5500 responses
2014-08-01Type of plan entitySingle employer plan
2014-08-01Plan funding arrangement – InsuranceYes
2014-08-01Plan benefit arrangement – InsuranceYes
2013: SARACH SYSTEMS, INC. DBA RELIANCE STAFFING PLAN 2013 form 5500 responses
2013-08-01Type of plan entitySingle employer plan
2013-08-01Plan funding arrangement – InsuranceYes
2013-08-01Plan benefit arrangement – InsuranceYes
2012: SARACH SYSTEMS, INC. DBA RELIANCE STAFFING PLAN 2012 form 5500 responses
2012-08-01Type of plan entitySingle employer plan
2012-08-01Plan funding arrangement – InsuranceYes
2012-08-01Plan benefit arrangement – InsuranceYes
2011: SARACH SYSTEMS, INC. DBA RELIANCE STAFFING PLAN 2011 form 5500 responses
2011-08-01Type of plan entitySingle employer plan
2011-08-01Plan funding arrangement – InsuranceYes
2011-08-01Plan benefit arrangement – InsuranceYes

Insurance Providers Used on plan

FOUR EVER LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 80985 )
Policy contract number226500
Policy instance 2
Insurance contract or identification number226500
Number of Individuals Covered175
Insurance policy start date2018-07-13
Insurance policy end date2019-06-02
Total amount of commissions paid to insurance brokerUSD $6,135
Life Insurance Welfare BenefitYes
Temporary Disability Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $17,629
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $3,551
Additional information about fees paid to insurance brokerCOMMISSIONS
Insurance broker organization code?3
BCS INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 38245 )
Policy contract number226500
Policy instance 1
Insurance contract or identification number226500
Number of Individuals Covered511
Insurance policy start date2018-07-13
Insurance policy end date2019-06-02
Total amount of commissions paid to insurance brokerUSD $119,128
Health Insurance Welfare BenefitYes
Dental Insurance Welfare BenefitYes
Vision Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $353,901
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $66,984
Additional information about fees paid to insurance brokerCOMMISSION
Insurance broker organization code?3
FOUR EVER LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 80985 )
Policy contract number226500
Policy instance 2
Insurance contract or identification number226500
Number of Individuals Covered239
Insurance policy start date2017-08-01
Insurance policy end date2018-07-31
Total amount of commissions paid to insurance brokerUSD $6,614
Life Insurance Welfare BenefitYes
Temporary Disability Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $20,369
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $3,661
Additional information about fees paid to insurance brokerCOMMISSIONS
Insurance broker organization code?3
Insurance broker namePAI
BCS INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 38245 )
Policy contract number226500
Policy instance 1
Insurance contract or identification number226500
Number of Individuals Covered668
Insurance policy start date2017-08-01
Insurance policy end date2018-07-31
Total amount of commissions paid to insurance brokerUSD $129,853
Health Insurance Welfare BenefitYes
Dental Insurance Welfare BenefitYes
Vision Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $400,774
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $71,741
Additional information about fees paid to insurance brokerCOMMISSION
Insurance broker organization code?3
Insurance broker nameINSURANCE APPLICATIONS GROUP
BCS INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 38245 )
Policy contract number226500
Policy instance 1
Insurance contract or identification number226500
Number of Individuals Covered391
Insurance policy start date2015-08-01
Insurance policy end date2016-07-31
Total amount of commissions paid to insurance brokerUSD $39,499
Total amount of fees paid to insurance companyUSD $42,752
Health Insurance Welfare BenefitYes
Dental Insurance Welfare BenefitYes
Vision Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $294,841
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $39,499
Additional information about fees paid to insurance brokerCOMMISSION
Insurance broker organization code?3
Amount paid for insurance broker fees42752
Insurance broker namePAI
FOUR EVER LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 80985 )
Policy contract number226500
Policy instance 2
Insurance contract or identification number226500
Number of Individuals Covered129
Insurance policy start date2015-08-01
Insurance policy end date2016-07-31
Total amount of commissions paid to insurance brokerUSD $3,262
Life Insurance Welfare BenefitYes
Temporary Disability Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $10,625
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $1,541
Additional information about fees paid to insurance brokerTPA FEES
Insurance broker organization code?5
Insurance broker nameINSURANCE APPLICATIONS GROUP
FOUR EVER LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 80985 )
Policy contract number226500
Policy instance 2
Insurance contract or identification number226500
Number of Individuals Covered207
Insurance policy start date2014-08-01
Insurance policy end date2015-07-31
Total amount of fees paid to insurance companyUSD $2,026
Life Insurance Welfare BenefitYes
Temporary Disability Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $13,971
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Amount paid for insurance broker fees2026
Additional information about fees paid to insurance brokerTPA FEES
Insurance broker organization code?5
Insurance broker namePAI
BCS INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 38245 )
Policy contract number226500
Policy instance 1
Insurance contract or identification number226500
Number of Individuals Covered207
Insurance policy start date2014-08-01
Insurance policy end date2015-07-31
Total amount of commissions paid to insurance brokerUSD $42,875
Total amount of fees paid to insurance companyUSD $56,097
Health Insurance Welfare BenefitYes
Dental Insurance Welfare BenefitYes
Vision Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $372,888
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $42,875
Additional information about fees paid to insurance brokerCOMMISSION
Insurance broker organization code?3
Amount paid for insurance broker fees56097
Insurance broker namePAI
FOUR EVER LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 80985 )
Policy contract number226500
Policy instance 2
Insurance contract or identification number226500
Number of Individuals Covered233
Insurance policy start date2013-08-01
Insurance policy end date2014-07-31
Total amount of fees paid to insurance companyUSD $1,406
Life Insurance Welfare BenefitYes
Temporary Disability Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $9,696
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Amount paid for insurance broker fees1406
Additional information about fees paid to insurance brokerTPA FEES
Insurance broker organization code?5
Insurance broker namePAI
BCS INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 38245 )
Policy contract number226500
Policy instance 1
Insurance contract or identification number226500
Number of Individuals Covered233
Insurance policy start date2013-08-01
Insurance policy end date2014-07-31
Total amount of commissions paid to insurance brokerUSD $31,413
Total amount of fees paid to insurance companyUSD $40,001
Health Insurance Welfare BenefitYes
Dental Insurance Welfare BenefitYes
Vision Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $275,867
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $31,413
Additional information about fees paid to insurance brokerCOMMISSION
Insurance broker organization code?3
Amount paid for insurance broker fees40001
Insurance broker namePAI
BCS INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 38245 )
Policy contract number226500
Policy instance 1
Insurance contract or identification number226500
Number of Individuals Covered147
Insurance policy start date2012-08-01
Insurance policy end date2013-07-31
Total amount of commissions paid to insurance brokerUSD $28,860
Health Insurance Welfare BenefitYes
Dental Insurance Welfare BenefitYes
Vision Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $253,095
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $28,860
Additional information about fees paid to insurance brokerCOMMISSION
Insurance broker organization code?3
Insurance broker nameINSURANCE APPLICATIONS GROUP
FOUR EVER LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 80985 )
Policy contract number226500
Policy instance 2
Insurance contract or identification number226500
Number of Individuals Covered147
Insurance policy start date2012-08-01
Insurance policy end date2013-07-31
Life Insurance Welfare BenefitYes
Temporary Disability Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $8,406
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
BCS INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 38245 )
Policy contract number226500
Policy instance 1
Insurance contract or identification number226500
Number of Individuals Covered172
Insurance policy start date2011-07-13
Insurance policy end date2012-07-12
Total amount of commissions paid to insurance brokerUSD $30,586
Health Insurance Welfare BenefitYes
Dental Insurance Welfare BenefitYes
Vision Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $268,009
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
FOUR EVER LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 80985 )
Policy contract number226500
Policy instance 2
Insurance contract or identification number226500
Number of Individuals Covered172
Insurance policy start date2011-07-13
Insurance policy end date2012-07-12
Life Insurance Welfare BenefitYes
Temporary Disability Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $9,892
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
AETNA LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 60054 )
Policy contract number500320
Policy instance 3
Insurance contract or identification number500320
Number of Individuals Covered3
Insurance policy start date2011-05-03
Insurance policy end date2012-05-02
Total amount of commissions paid to insurance brokerUSD $499
Health Insurance Welfare BenefitYes
Dental Insurance Welfare BenefitYes
Life Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $8,772
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
FOUR EVER LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 80985 )
Policy contract number226500
Policy instance 2
Insurance contract or identification number226500
Number of Individuals Covered138
Insurance policy start date2010-07-13
Insurance policy end date2011-07-12
Life Insurance Welfare BenefitYes
Temporary Disability Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $9,065
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
BCS INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 38245 )
Policy contract number226500
Policy instance 1
Insurance contract or identification number226500
Number of Individuals Covered138
Insurance policy start date2010-07-13
Insurance policy end date2011-07-12
Total amount of commissions paid to insurance brokerUSD $26,038
Health Insurance Welfare BenefitYes
Dental Insurance Welfare BenefitYes
Vision Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $239,988
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No

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