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DAILY EQUIPMENT COMPANY MEDICAL BENEFIT PLAN 401k Plan overview

Plan NameDAILY EQUIPMENT COMPANY MEDICAL BENEFIT PLAN
Plan identification number 501

DAILY EQUIPMENT COMPANY MEDICAL BENEFIT PLAN Benefits

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

DAILY EQUIPMENT COMPANY has sponsored the creation of one or more 401k plans.

Company Name:DAILY EQUIPMENT COMPANY
Employer identification number (EIN):640712071
NAIC Classification:423800

Form 5500 Filing Information

Submission information for form 5500 for 401k plan DAILY EQUIPMENT COMPANY MEDICAL BENEFIT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
5012017-11-01
5012017-11-01MATTHEW POE2021-09-22
5012016-11-01ANGELA C. WALTER
5012015-11-01ANGELA C. WALTER
5012014-11-01ANGELA C. WALTER
5012013-11-01ANGELA C. WALTER
5012012-11-01ANGELA C. WALTER
5012011-11-01JESSE WELSH
5012009-11-01WANDA SMITH
5012008-11-01

Plan Statistics for DAILY EQUIPMENT COMPANY MEDICAL BENEFIT PLAN

401k plan membership statisitcs for DAILY EQUIPMENT COMPANY MEDICAL BENEFIT PLAN

Measure Date Value
2017: DAILY EQUIPMENT COMPANY MEDICAL BENEFIT PLAN 2017 401k membership
Total participants, beginning-of-year2017-11-01121
Total number of active participants reported on line 7a of the Form 55002017-11-0198
Total of all active and inactive participants2017-11-0198
Number of retired or separated participants receiving benefits2017-11-010
Number of other retired or separated participants entitled to future benefits2017-11-010
Number of employers contributing to the scheme2017-11-010
2016: DAILY EQUIPMENT COMPANY MEDICAL BENEFIT PLAN 2016 401k membership
Total participants, beginning-of-year2016-11-01112
Total number of active participants reported on line 7a of the Form 55002016-11-01121
Total of all active and inactive participants2016-11-01121
2015: DAILY EQUIPMENT COMPANY MEDICAL BENEFIT PLAN 2015 401k membership
Total participants, beginning-of-year2015-11-01113
Total number of active participants reported on line 7a of the Form 55002015-11-01112
Total of all active and inactive participants2015-11-01112
2014: DAILY EQUIPMENT COMPANY MEDICAL BENEFIT PLAN 2014 401k membership
Total participants, beginning-of-year2014-11-01113
Total number of active participants reported on line 7a of the Form 55002014-11-01113
Total of all active and inactive participants2014-11-01113
2013: DAILY EQUIPMENT COMPANY MEDICAL BENEFIT PLAN 2013 401k membership
Total participants, beginning-of-year2013-11-01104
Total number of active participants reported on line 7a of the Form 55002013-11-01113
Total of all active and inactive participants2013-11-01113
2012: DAILY EQUIPMENT COMPANY MEDICAL BENEFIT PLAN 2012 401k membership
Total participants, beginning-of-year2012-11-01101
Total number of active participants reported on line 7a of the Form 55002012-11-01104
Total of all active and inactive participants2012-11-01104
2011: DAILY EQUIPMENT COMPANY MEDICAL BENEFIT PLAN 2011 401k membership
Total participants, beginning-of-year2011-11-01108
Total number of active participants reported on line 7a of the Form 55002011-11-01101
Total of all active and inactive participants2011-11-01101
2009: DAILY EQUIPMENT COMPANY MEDICAL BENEFIT PLAN 2009 401k membership
Total participants, beginning-of-year2009-11-01102
Total number of active participants reported on line 7a of the Form 55002009-11-01103
Total of all active and inactive participants2009-11-01103

Financial Data on DAILY EQUIPMENT COMPANY MEDICAL BENEFIT PLAN

Measure Date Value
2014 : DAILY EQUIPMENT COMPANY MEDICAL BENEFIT PLAN 2014 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-10-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-10-31$5,285
Total income from all sources (including contributions)2014-10-31$644,401
Total of all expenses incurred2014-10-31$689,380
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-10-31$607,717
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-10-31$638,820
Value of total assets at beginning of year2014-10-31$50,264
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-10-31$81,663
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2014-10-31No
Was this plan covered by a fidelity bond2014-10-31Yes
Value of fidelity bond cover2014-10-31$1,000,000
If this is an individual account plan, was there a blackout period2014-10-31No
Were there any nonexempt tranactions with any party-in-interest2014-10-31No
Contributions received from participants2014-10-31$369,611
Other income not declared elsewhere2014-10-31$5,581
Administrative expenses (other) incurred2014-10-31$43,224
Liabilities. Value of operating payables at end of year2014-10-31$0
Liabilities. Value of operating payables at beginning of year2014-10-31$5,285
Total non interest bearing cash at beginning of year2014-10-31$50,264
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2014-10-31No
Value of net income/loss2014-10-31$-44,979
Value of net assets at end of year (total assets less liabilities)2014-10-31$0
Value of net assets at beginning of year (total assets less liabilities)2014-10-31$44,979
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2014-10-31No
Were any loans by the plan or fixed income obligations due to the plan in default2014-10-31No
Were any leases to which the plan was party in default or uncollectible2014-10-31No
Expenses. Payments to insurance carriers foe the provision of benefits2014-10-31$172,683
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2014-10-31No
Was there a failure to transmit to the plan any participant contributions2014-10-31No
Has the plan failed to provide any benefit when due under the plan2014-10-31No
Contributions received in cash from employer2014-10-31$269,209
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-10-31$435,034
Contract administrator fees2014-10-31$38,439
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32014-10-31No
Did the plan have assets held for investment2014-10-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2014-10-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2014-10-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2014-10-31No
Opinion of an independent qualified public accountant for this plan2014-10-31Unqualified
Accountancy firm name2014-10-31LEFOLDT & CO., P.A.
Accountancy firm EIN2014-10-31640854133
2013 : DAILY EQUIPMENT COMPANY MEDICAL BENEFIT PLAN 2013 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-10-31$5,285
Total income from all sources (including contributions)2013-10-31$760,218
Total of all expenses incurred2013-10-31$794,941
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-10-31$731,604
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-10-31$754,486
Value of total assets at end of year2013-10-31$50,264
Value of total assets at beginning of year2013-10-31$79,702
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-10-31$63,337
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2013-10-31No
Was this plan covered by a fidelity bond2013-10-31Yes
Value of fidelity bond cover2013-10-31$1,000,000
If this is an individual account plan, was there a blackout period2013-10-31No
Were there any nonexempt tranactions with any party-in-interest2013-10-31No
Contributions received from participants2013-10-31$317,765
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2013-10-31$72
Other income not declared elsewhere2013-10-31$5,732
Administrative expenses (other) incurred2013-10-31$37,635
Liabilities. Value of operating payables at end of year2013-10-31$5,285
Total non interest bearing cash at end of year2013-10-31$50,264
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2013-10-31No
Value of net income/loss2013-10-31$-34,723
Value of net assets at end of year (total assets less liabilities)2013-10-31$44,979
Value of net assets at beginning of year (total assets less liabilities)2013-10-31$79,702
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2013-10-31No
Were any loans by the plan or fixed income obligations due to the plan in default2013-10-31No
Were any leases to which the plan was party in default or uncollectible2013-10-31No
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2013-10-31$79,630
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2013-10-31$79,630
Expenses. Payments to insurance carriers foe the provision of benefits2013-10-31$211,378
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2013-10-31Yes
Was there a failure to transmit to the plan any participant contributions2013-10-31No
Has the plan failed to provide any benefit when due under the plan2013-10-31No
Contributions received in cash from employer2013-10-31$436,721
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-10-31$520,226
Contract administrator fees2013-10-31$25,702
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32013-10-31No
Did the plan have assets held for investment2013-10-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2013-10-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2013-10-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2013-10-31No
Opinion of an independent qualified public accountant for this plan2013-10-31Unqualified
Accountancy firm name2013-10-31LEFOLDT & CO., P.A.
Accountancy firm EIN2013-10-31640854133
2012 : DAILY EQUIPMENT COMPANY MEDICAL BENEFIT PLAN 2012 401k financial data
Total income from all sources (including contributions)2012-10-31$677,478
Total of all expenses incurred2012-10-31$654,772
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-10-31$593,206
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-10-31$673,314
Value of total assets at end of year2012-10-31$79,702
Value of total assets at beginning of year2012-10-31$56,996
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-10-31$61,566
Total interest from all sources2012-10-31$58
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-10-31No
Was this plan covered by a fidelity bond2012-10-31Yes
Value of fidelity bond cover2012-10-31$1,000,000
If this is an individual account plan, was there a blackout period2012-10-31No
Were there any nonexempt tranactions with any party-in-interest2012-10-31No
Contributions received from participants2012-10-31$283,178
Value of other receiveables (less allowance for doubtful accounts) at end of year2012-10-31$72
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2012-10-31$23
Other income not declared elsewhere2012-10-31$4,106
Administrative expenses (other) incurred2012-10-31$35,889
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2012-10-31No
Value of net income/loss2012-10-31$22,706
Value of net assets at end of year (total assets less liabilities)2012-10-31$79,702
Value of net assets at beginning of year (total assets less liabilities)2012-10-31$56,996
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2012-10-31No
Were any loans by the plan or fixed income obligations due to the plan in default2012-10-31No
Were any leases to which the plan was party in default or uncollectible2012-10-31No
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2012-10-31$79,630
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2012-10-31$56,973
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2012-10-31$56,973
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2012-10-31$58
Expenses. Payments to insurance carriers foe the provision of benefits2012-10-31$198,070
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-10-31Yes
Was there a failure to transmit to the plan any participant contributions2012-10-31No
Has the plan failed to provide any benefit when due under the plan2012-10-31No
Contributions received in cash from employer2012-10-31$390,136
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-10-31$395,136
Contract administrator fees2012-10-31$25,677
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32012-10-31No
Did the plan have assets held for investment2012-10-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2012-10-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2012-10-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-10-31No
Opinion of an independent qualified public accountant for this plan2012-10-31Unqualified
Accountancy firm name2012-10-31LEFOLDT & CO., P.A.
Accountancy firm EIN2012-10-31640854133
2011 : DAILY EQUIPMENT COMPANY MEDICAL BENEFIT PLAN 2011 401k financial data
Total income from all sources (including contributions)2011-10-31$710,287
Total of all expenses incurred2011-10-31$700,863
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-10-31$649,422
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-10-31$705,458
Value of total assets at end of year2011-10-31$56,996
Value of total assets at beginning of year2011-10-31$47,572
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-10-31$51,441
Total interest from all sources2011-10-31$1
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-10-31No
Was this plan covered by a fidelity bond2011-10-31Yes
Value of fidelity bond cover2011-10-31$1,000,000
If this is an individual account plan, was there a blackout period2011-10-31No
Were there any nonexempt tranactions with any party-in-interest2011-10-31No
Contributions received from participants2011-10-31$285,436
Value of other receiveables (less allowance for doubtful accounts) at end of year2011-10-31$23
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2011-10-31$27
Other income not declared elsewhere2011-10-31$4,828
Administrative expenses (other) incurred2011-10-31$28,334
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-10-31No
Value of net income/loss2011-10-31$9,424
Value of net assets at end of year (total assets less liabilities)2011-10-31$56,996
Value of net assets at beginning of year (total assets less liabilities)2011-10-31$47,572
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2011-10-31No
Were any loans by the plan or fixed income obligations due to the plan in default2011-10-31No
Were any leases to which the plan was party in default or uncollectible2011-10-31No
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2011-10-31$56,973
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2011-10-31$47,545
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2011-10-31$47,545
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2011-10-31$1
Expenses. Payments to insurance carriers foe the provision of benefits2011-10-31$157,591
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-10-31Yes
Was there a failure to transmit to the plan any participant contributions2011-10-31No
Has the plan failed to provide any benefit when due under the plan2011-10-31No
Contributions received in cash from employer2011-10-31$420,022
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-10-31$491,831
Contract administrator fees2011-10-31$23,107
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32011-10-31No
Did the plan have assets held for investment2011-10-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2011-10-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2011-10-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-10-31No
Opinion of an independent qualified public accountant for this plan2011-10-31Unqualified
Accountancy firm name2011-10-31LEFOLDT & CO., P.A.
Accountancy firm EIN2011-10-31640854133

Form 5500 Responses for DAILY EQUIPMENT COMPANY MEDICAL BENEFIT PLAN

2017: DAILY EQUIPMENT COMPANY MEDICAL BENEFIT PLAN 2017 form 5500 responses
2017-11-01Type of plan entitySingle employer plan
2017-11-01Submission has been amendedYes
2017-11-01Plan funding arrangement – InsuranceYes
2017-11-01Plan funding arrangement – General assets of the sponsorYes
2017-11-01Plan benefit arrangement – InsuranceYes
2017-11-01Plan benefit arrangement – General assets of the sponsorYes
2016: DAILY EQUIPMENT COMPANY MEDICAL BENEFIT PLAN 2016 form 5500 responses
2016-11-01Type of plan entitySingle employer plan
2016-11-01Plan funding arrangement – InsuranceYes
2016-11-01Plan funding arrangement – General assets of the sponsorYes
2016-11-01Plan benefit arrangement – InsuranceYes
2016-11-01Plan benefit arrangement – General assets of the sponsorYes
2015: DAILY EQUIPMENT COMPANY MEDICAL BENEFIT PLAN 2015 form 5500 responses
2015-11-01Type of plan entitySingle employer plan
2015-11-01Plan funding arrangement – InsuranceYes
2015-11-01Plan funding arrangement – General assets of the sponsorYes
2015-11-01Plan benefit arrangement – InsuranceYes
2015-11-01Plan benefit arrangement – General assets of the sponsorYes
2014: DAILY EQUIPMENT COMPANY MEDICAL BENEFIT PLAN 2014 form 5500 responses
2014-11-01Type of plan entitySingle employer plan
2014-11-01Plan funding arrangement – InsuranceYes
2014-11-01Plan funding arrangement – General assets of the sponsorYes
2014-11-01Plan benefit arrangement – InsuranceYes
2014-11-01Plan benefit arrangement – General assets of the sponsorYes
2013: DAILY EQUIPMENT COMPANY MEDICAL BENEFIT PLAN 2013 form 5500 responses
2013-11-01Type of plan entitySingle employer plan
2013-11-01Plan funding arrangement – InsuranceYes
2013-11-01Plan funding arrangement – TrustYes
2013-11-01Plan funding arrangement – General assets of the sponsorYes
2013-11-01Plan benefit arrangement – InsuranceYes
2013-11-01Plan benefit arrangement – General assets of the sponsorYes
2012: DAILY EQUIPMENT COMPANY MEDICAL BENEFIT PLAN 2012 form 5500 responses
2012-11-01Type of plan entitySingle employer plan
2012-11-01Plan funding arrangement – InsuranceYes
2012-11-01Plan funding arrangement – TrustYes
2012-11-01Plan benefit arrangement – InsuranceYes
2012-11-01Plan benefit arrangement - TrustYes
2011: DAILY EQUIPMENT COMPANY MEDICAL BENEFIT PLAN 2011 form 5500 responses
2011-11-01Type of plan entitySingle employer plan
2011-11-01Plan funding arrangement – InsuranceYes
2011-11-01Plan funding arrangement – TrustYes
2011-11-01Plan benefit arrangement – InsuranceYes
2011-11-01Plan benefit arrangement - TrustYes
2009: DAILY EQUIPMENT COMPANY MEDICAL BENEFIT PLAN 2009 form 5500 responses
2009-11-01Type of plan entitySingle employer plan
2009-11-01This submission is the final filingNo
2009-11-01Plan funding arrangement – InsuranceYes
2009-11-01Plan funding arrangement – TrustYes
2009-11-01Plan benefit arrangement – InsuranceYes
2009-11-01Plan benefit arrangement - TrustYes
2008: DAILY EQUIPMENT COMPANY MEDICAL BENEFIT PLAN 2008 form 5500 responses
2008-11-01Type of plan entitySingle employer plan
2008-11-01Submission has been amendedNo
2008-11-01This submission is the final filingNo
2008-11-01This return/report is a short plan year return/report (less than 12 months)No
2008-11-01Plan is a collectively bargained planNo

Insurance Providers Used on plan

UNIMERICA INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 91529 )
Policy contract numberUNI-201778
Policy instance 1
Insurance contract or identification numberUNI-201778
Number of Individuals Covered114
Insurance policy start date2017-01-01
Insurance policy end date2017-12-31
Total amount of commissions paid to insurance brokerUSD $32,697
Total amount of fees paid to insurance companyUSD $0
Health Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $217,978
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No

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