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DRAFTPROS, LLC HEALTH AND WELFARE BENEFIT PLAN 401k Plan overview

Plan NameDRAFTPROS, LLC HEALTH AND WELFARE BENEFIT PLAN
Plan identification number 501

DRAFTPROS, LLC HEALTH AND WELFARE BENEFIT PLAN Benefits

401k Plan TypeWelfare Benefit
Plan Features/Benefits
  • Health (other than dental or vision)

401k Sponsoring company profile

DRAFTPROS, LLC DBA DRAFTPROS, INC. has sponsored the creation of one or more 401k plans.

Company Name:DRAFTPROS, LLC DBA DRAFTPROS, INC.
Employer identification number (EIN):611795374
NAIC Classification:236200

Additional information about DRAFTPROS, LLC DBA DRAFTPROS, INC.

Jurisdiction of Incorporation: Florida Department of State Division of Corporations
Incorporation Date: 2016-05-27
Company Identification Number: L16000109025
Legal Registered Office Address: 515 EAST PARK AVENUE

TALLAHASSEE

32301

More information about DRAFTPROS, LLC DBA DRAFTPROS, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan DRAFTPROS, LLC HEALTH AND WELFARE BENEFIT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
5012019-09-01KAREL GOMEZ2021-03-31

Plan Statistics for DRAFTPROS, LLC HEALTH AND WELFARE BENEFIT PLAN

401k plan membership statisitcs for DRAFTPROS, LLC HEALTH AND WELFARE BENEFIT PLAN

Measure Date Value
2019: DRAFTPROS, LLC HEALTH AND WELFARE BENEFIT PLAN 2019 401k membership
Total participants, beginning-of-year2019-09-01143
Total number of active participants reported on line 7a of the Form 55002019-09-0198
Number of retired or separated participants receiving benefits2019-09-010
Number of other retired or separated participants entitled to future benefits2019-09-010
Total of all active and inactive participants2019-09-0198
Total participants2019-09-0198

Form 5500 Responses for DRAFTPROS, LLC HEALTH AND WELFARE BENEFIT PLAN

2019: DRAFTPROS, LLC HEALTH AND WELFARE BENEFIT PLAN 2019 form 5500 responses
2019-09-01Type of plan entitySingle employer plan
2019-09-01First time form 5500 has been submittedYes
2019-09-01Submission has been amendedNo
2019-09-01This submission is the final filingNo
2019-09-01This return/report is a short plan year return/report (less than 12 months)No
2019-09-01Plan is a collectively bargained planNo
2019-09-01Plan funding arrangement – InsuranceYes
2019-09-01Plan benefit arrangement – InsuranceYes

Insurance Providers Used on plan

CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES (National Association of Insurance Commissioners NAIC id number: 67369 )
Policy contract number00626861
Policy instance 1
Insurance contract or identification number00626861
Number of Individuals Covered98
Insurance policy start date2019-09-01
Insurance policy end date2020-08-31
Total amount of commissions paid to insurance brokerUSD $45,294
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 BenefitYes
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
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 $250,265
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $45,294
Insurance broker organization code?3

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