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SAS INSTITUTE INC. HEALTH AND WELFARE BENEFIT PLAN 401k Plan overview

Plan NameSAS INSTITUTE INC. HEALTH AND WELFARE BENEFIT PLAN
Plan identification number 520

SAS INSTITUTE INC. HEALTH AND WELFARE BENEFIT PLAN Benefits

401k Plan TypeWelfare Benefit
Plan Features/Benefits
  • Health (other than dental or vision)
  • Life insurance
  • Dental
  • Vision
  • Long-term disability cover
  • Severance pay
  • Other welfare benefit cover

401k Sponsoring company profile

SAS INSTITUTE INC. has sponsored the creation of one or more 401k plans.

Company Name:SAS INSTITUTE INC.
Employer identification number (EIN):561133017
NAIC Classification:541519
NAIC Description:Other Computer Related Services

Additional information about SAS INSTITUTE INC.

Jurisdiction of Incorporation: Texas Secretary of State
Incorporation Date: 1985-02-20
Company Identification Number: 0006484906
Legal Registered Office Address: PO BOX 610 ATTN:ACCOUNTS PAYABLE

CARY
United States of America (USA)
27512

More information about SAS INSTITUTE INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SAS INSTITUTE INC. HEALTH AND WELFARE BENEFIT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
5202022-01-01

Plan Statistics for SAS INSTITUTE INC. HEALTH AND WELFARE BENEFIT PLAN

401k plan membership statisitcs for SAS INSTITUTE INC. HEALTH AND WELFARE BENEFIT PLAN

Measure Date Value
2022: SAS INSTITUTE INC. HEALTH AND WELFARE BENEFIT PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-016,728
Total number of active participants reported on line 7a of the Form 55002022-01-015,917
Number of retired or separated participants receiving benefits2022-01-01784
Number of other retired or separated participants entitled to future benefits2022-01-010
Total of all active and inactive participants2022-01-016,701

Form 5500 Responses for SAS INSTITUTE INC. HEALTH AND WELFARE BENEFIT PLAN

2022: SAS INSTITUTE INC. HEALTH AND WELFARE BENEFIT PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01First time form 5500 has been submittedYes
2022-01-01Plan funding arrangement – InsuranceYes
2022-01-01Plan funding arrangement – General assets of the sponsorYes
2022-01-01Plan benefit arrangement – InsuranceYes
2022-01-01Plan benefit arrangement – General assets of the sponsorYes

Insurance Providers Used on plan

MUTUAL OF OMAHA (National Association of Insurance Commissioners NAIC id number: 69868 )
Policy contract numberG000AW76
Policy instance 1
Insurance contract or identification numberG000AW76
Number of Individuals Covered6253
Insurance policy start date2022-01-01
Insurance policy end date2022-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Life Insurance Welfare BenefitYes
Other welfare benefits providedACCIDENTAL DEATH & DISMEMBERMENT
Welfare Benefit Premiums Paid to CarrierUSD $2,515,552
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
MUTUAL OF OMAHA (National Association of Insurance Commissioners NAIC id number: 69868 )
Policy contract numberG000AW76
Policy instance 2
Insurance contract or identification numberG000AW76
Number of Individuals Covered1086
Insurance policy start date2022-01-01
Insurance policy end date2022-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Life Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $1,603,357
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65676 )
Policy contract numberGF3890LF006801
Policy instance 3
Insurance contract or identification numberGF3890LF006801
Number of Individuals Covered6197
Insurance policy start date2022-01-01
Insurance policy end date2022-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Long Term Disability Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $1,590,703
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No

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