401k Plan data: NEXUS SYSTEMS, LLC HEALTH & WELFARE BENEFIT PLAN plan

NEXUS SYSTEMS, LLC HEALTH & WELFARE BENEFIT PLAN 401k Plan overview

Plan Name	NEXUS SYSTEMS, LLC HEALTH & WELFARE BENEFIT PLAN
Plan identification number	501

NEXUS SYSTEMS, LLC HEALTH & WELFARE BENEFIT PLAN Benefits

401k Plan Type	Welfare 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 Unfunded, fully insured, or combination unfunded/insured welfare plan that will not file a Form 5500 for next plan year pursuant to 29 CFR 2520.104-20.

401k Sponsoring company profile

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

Company Name: NEXUS SYSTEMS, LLC

Employer identification number (EIN): 541552430

NAIC Classification: 541511
NAIC Description: Custom Computer Programming Services

Additional information about NEXUS SYSTEMS, LLC

Jurisdiction of Incorporation: Virginia Secretary of State

Incorporation Date: 1990-06-15

Company Identification Number: 0360431

Legal Registered Office Address: 100 Shockoe Slip_- 3rd Floor

Richmond
United States of America (USA)
23219

More information about NEXUS SYSTEMS, LLC

Form 5500 Filing Information

Submission information for form 5500 for 401k plan NEXUS SYSTEMS, LLC HEALTH & WELFARE BENEFIT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
501 2020-06-01 JULIA POTTS 2021-12-23
501 2019-06-01 JULIA POTTS 2020-12-31

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
501	2020-06-01	JULIA POTTS	2021-12-23
501	2019-06-01	JULIA POTTS	2020-12-31

Plan Statistics for NEXUS SYSTEMS, LLC HEALTH & WELFARE BENEFIT PLAN

401k plan membership statisitcs for NEXUS SYSTEMS, LLC HEALTH & WELFARE BENEFIT PLAN

Measure Date Value
2020: NEXUS SYSTEMS, LLC HEALTH & WELFARE BENEFIT PLAN 2020 401k membership
Total participants, beginning-of-year 2020-06-01 152
Total number of active participants reported on line 7a of the Form 5500 2020-06-01 85
Number of retired or separated participants receiving benefits 2020-06-01 0
Number of other retired or separated participants entitled to future benefits 2020-06-01 0
Total of all active and inactive participants 2020-06-01 85
Number of employers contributing to the scheme 2020-06-01 0
2019: NEXUS SYSTEMS, LLC HEALTH & WELFARE BENEFIT PLAN 2019 401k membership
Total participants, beginning-of-year 2019-06-01 100
Total number of active participants reported on line 7a of the Form 5500 2019-06-01 152
Number of retired or separated participants receiving benefits 2019-06-01 0
Number of other retired or separated participants entitled to future benefits 2019-06-01 0
Total of all active and inactive participants 2019-06-01 152
Number of employers contributing to the scheme 2019-06-01 0

Measure	Date	Value
2020: NEXUS SYSTEMS, LLC HEALTH & WELFARE BENEFIT PLAN 2020 401k membership
Total participants, beginning-of-year	2020-06-01	152
Total number of active participants reported on line 7a of the Form 5500	2020-06-01	85
Number of retired or separated participants receiving benefits	2020-06-01	0
Number of other retired or separated participants entitled to future benefits	2020-06-01	0
Total of all active and inactive participants	2020-06-01	85
Number of employers contributing to the scheme	2020-06-01	0
2019: NEXUS SYSTEMS, LLC HEALTH & WELFARE BENEFIT PLAN 2019 401k membership
Total participants, beginning-of-year	2019-06-01	100
Total number of active participants reported on line 7a of the Form 5500	2019-06-01	152
Number of retired or separated participants receiving benefits	2019-06-01	0
Number of other retired or separated participants entitled to future benefits	2019-06-01	0
Total of all active and inactive participants	2019-06-01	152
Number of employers contributing to the scheme	2019-06-01	0

Form 5500 Responses for NEXUS SYSTEMS, LLC HEALTH & WELFARE BENEFIT PLAN

2020: NEXUS SYSTEMS, LLC HEALTH & WELFARE BENEFIT PLAN 2020 form 5500 responses
2020-06-01	Type of plan entity	Single employer plan
2020-06-01	Plan funding arrangement – Insurance	Yes
2020-06-01	Plan funding arrangement – General assets of the sponsor	Yes
2020-06-01	Plan benefit arrangement – Insurance	Yes
2020-06-01	Plan benefit arrangement – General assets of the sponsor	Yes
2019: NEXUS SYSTEMS, LLC HEALTH & WELFARE BENEFIT PLAN 2019 form 5500 responses
2019-06-01	Type of plan entity	Single employer plan
2019-06-01	First time form 5500 has been submitted	Yes
2019-06-01	Plan funding arrangement – Insurance	Yes
2019-06-01	Plan benefit arrangement – Insurance	Yes

Insurance Providers Used on plan

UNITEDHEALTHCARE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 79413 )

Policy contract number

4L2639

Policy instance

Insurance contract or identification number	4L2639
Number of Individuals Covered	109
Insurance policy start date	2020-06-01
Insurance policy end date	2021-05-31
Total amount of commissions paid to insurance broker	USD $31,676
Total amount of fees paid to insurance company	USD $615
Health Insurance Welfare Benefit	Yes
Welfare Benefit Premiums Paid to Carrier	USD $633,933
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Commission paid to Insurance Broker	USD $31,676
Amount paid for insurance broker fees	615
Additional information about fees paid to insurance broker	BONUS
Insurance broker organization code?	3

HEALTHIEST YOU (National Association of Insurance Commissioners NAIC id number: 00000 )

Policy contract number

HY3901

Policy instance

Insurance contract or identification number	HY3901
Number of Individuals Covered	35
Insurance policy start date	2020-06-01
Insurance policy end date	2021-05-31
Total amount of commissions paid to insurance broker	USD $603
Total amount of fees paid to insurance company	USD $0
Other welfare benefits provided	TELEMEDICINE
Welfare Benefit Premiums Paid to Carrier	USD $4,022
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Commission paid to Insurance Broker	USD $603
Amount paid for insurance broker fees	0
Insurance broker organization code?	3

THE LINCOLN NATIONAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65676 )

Policy contract number

10261784

Policy instance

Insurance contract or identification number	10261784
Number of Individuals Covered	85
Insurance policy start date	2020-06-01
Insurance policy end date	2021-05-31
Total amount of commissions paid to insurance broker	USD $9,947
Total amount of fees paid to insurance company	USD $9,339
Health Insurance Welfare Benefit	No
Dental Insurance Welfare Benefit	Yes
Vision Insurance Welfare Benefit	Yes
Life Insurance Welfare Benefit	Yes
Temporary Disability Insurance Welfare Benefit	Yes
Long Term Disability Insurance Welfare Benefit	Yes
Unemployment Insurance Welfare Benefit	No
Other welfare benefits provided	ACCIDENTAL DEATH AND DISMEMBERMENT,EMPLOYEE ASSISTANCE PROGRAM
Welfare Benefit Premiums Paid to Carrier	USD $78,417
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Commission paid to Insurance Broker	USD $9,588
Amount paid for insurance broker fees	0
Insurance broker organization code?	3
Additional information about fees paid to insurance broker	CONSULTING, TPA FEE

UNITEDHEALTHCARE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 79413 )

Policy contract number

06F1857

Policy instance

Insurance contract or identification number	06F1857
Number of Individuals Covered	152
Insurance policy start date	2019-06-01
Insurance policy end date	2020-05-31
Total amount of commissions paid to insurance broker	USD $41,900
Total amount of fees paid to insurance company	USD $3,800
Health Insurance Welfare Benefit	Yes
Dental Insurance Welfare Benefit	Yes
Vision Insurance Welfare Benefit	Yes
Welfare Benefit Premiums Paid to Carrier	USD $619,751
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Commission paid to Insurance Broker	USD $32,118
Amount paid for insurance broker fees	2800
Additional information about fees paid to insurance broker	BONUS
Insurance broker organization code?	3

Was this data useful?

If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us. Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer

The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

Company Name:	NEXUS SYSTEMS, LLC
Employer identification number (EIN):	541552430
NAIC Classification:	541511
NAIC Description:	Custom Computer Programming Services

Jurisdiction of Incorporation:	Virginia Secretary of State
Incorporation Date:	1990-06-15
Company Identification Number:	0360431
Legal Registered Office Address:	100 Shockoe Slip_- 3rd Floor Richmond United States of America (USA) 23219