401k Plan data: RAD SOURCE TECHNOLOGIES, INC. plan

RAD SOURCE TECHNOLOGIES, INC. 401k Plan overview

Plan Name	RAD SOURCE TECHNOLOGIES, INC.
Plan identification number	505

RAD SOURCE TECHNOLOGIES, INC. 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 Other welfare benefit cover

401k Sponsoring company profile

RAD SOURCE TECHNOLOGIES, INC. has sponsored the creation of one or more 401k plans.

Company Name: RAD SOURCE TECHNOLOGIES, INC.

Employer identification number (EIN): 650882844

NAIC Classification: 334517
NAIC Description: Irradiation Apparatus Manufacturing

Form 5500 Filing Information

Submission information for form 5500 for 401k plan RAD SOURCE TECHNOLOGIES, INC.

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
505 2022-06-01 DEVON HILL 2023-11-15
505 2021-06-01
505 2020-06-01

Plan Statistics for RAD SOURCE TECHNOLOGIES, INC.

401k plan membership statisitcs for RAD SOURCE TECHNOLOGIES, INC.

Measure Date Value
2022: RAD SOURCE TECHNOLOGIES, INC. 2022 401k membership
Total participants, beginning-of-year 2022-06-01 158
Total number of active participants reported on line 7a of the Form 5500 2022-06-01 167
Total of all active and inactive participants 2022-06-01 167
2021: RAD SOURCE TECHNOLOGIES, INC. 2021 401k membership
Total participants, beginning-of-year 2021-06-01 117
Total number of active participants reported on line 7a of the Form 5500 2021-06-01 158
Total of all active and inactive participants 2021-06-01 158
Total participants 2021-06-01 158
2020: RAD SOURCE TECHNOLOGIES, INC. 2020 401k membership
Total participants, beginning-of-year 2020-06-01 84
Total number of active participants reported on line 7a of the Form 5500 2020-06-01 119
Total of all active and inactive participants 2020-06-01 119
Total participants 2020-06-01 119

Measure	Date	Value
2022: RAD SOURCE TECHNOLOGIES, INC. 2022 401k membership
Total participants, beginning-of-year	2022-06-01	158
Total number of active participants reported on line 7a of the Form 5500	2022-06-01	167
Total of all active and inactive participants	2022-06-01	167
2021: RAD SOURCE TECHNOLOGIES, INC. 2021 401k membership
Total participants, beginning-of-year	2021-06-01	117
Total number of active participants reported on line 7a of the Form 5500	2021-06-01	158
Total of all active and inactive participants	2021-06-01	158
Total participants	2021-06-01	158
2020: RAD SOURCE TECHNOLOGIES, INC. 2020 401k membership
Total participants, beginning-of-year	2020-06-01	84
Total number of active participants reported on line 7a of the Form 5500	2020-06-01	119
Total of all active and inactive participants	2020-06-01	119
Total participants	2020-06-01	119

Form 5500 Responses for RAD SOURCE TECHNOLOGIES, INC.

2022: RAD SOURCE TECHNOLOGIES, INC. 2022 form 5500 responses
2022-06-01	Type of plan entity	Single employer plan
2022-06-01	Plan funding arrangement – Insurance	Yes
2022-06-01	Plan benefit arrangement – Insurance	Yes
2021: RAD SOURCE TECHNOLOGIES, INC. 2021 form 5500 responses
2021-06-01	Type of plan entity	Single employer plan
2021-06-01	Plan funding arrangement – Insurance	Yes
2021-06-01	Plan benefit arrangement – Insurance	Yes
2020: RAD SOURCE TECHNOLOGIES, INC. 2020 form 5500 responses
2020-06-01	Type of plan entity	Single employer plan
2020-06-01	First time form 5500 has been submitted	Yes
2020-06-01	Plan funding arrangement – Insurance	Yes
2020-06-01	Plan benefit arrangement – Insurance	Yes

Insurance Providers Used on plan

MONY (National Association of Insurance Commissioners NAIC id number: 78077 )

Policy contract number

001962

Policy instance

Insurance contract or identification number	001962
Number of Individuals Covered	167
Insurance policy start date	2022-06-01
Insurance policy end date	2023-05-31
Total amount of commissions paid to insurance broker	USD $31,580
Total amount of fees paid to insurance company	USD $11,190
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
Other welfare benefits provided	SUPPLEMENTAL INSURANCE
Welfare Benefit Premiums Paid to Carrier	USD $187,387
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Commission paid to Insurance Broker	USD $31,580
Insurance broker organization code?	3
Amount paid for insurance broker fees	11190
Additional information about fees paid to insurance broker	SERVICE FEE/BONUS

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

Policy contract number

06F1935

Policy instance

Insurance contract or identification number	06F1935
Number of Individuals Covered	153
Insurance policy start date	2023-05-01
Insurance policy end date	2023-05-31
Total amount of commissions paid to insurance broker	USD $6,561
Total amount of fees paid to insurance company	USD $0
Health Insurance Welfare Benefit	Yes
Welfare Benefit Premiums Paid to Carrier	USD $82,045
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Commission paid to Insurance Broker	USD $5,265
Insurance broker organization code?	3

MONY (National Association of Insurance Commissioners NAIC id number: 78077 )

Policy contract number

001962

Policy instance

Insurance contract or identification number	001962
Number of Individuals Covered	156
Insurance policy start date	2021-06-01
Insurance policy end date	2022-05-31
Total amount of commissions paid to insurance broker	USD $18,183
Dental Insurance Welfare Benefit	Yes
Life Insurance Welfare Benefit	Yes
Temporary Disability Insurance Welfare Benefit	Yes
Long Term Disability Insurance Welfare Benefit	Yes
Other welfare benefits provided	SUPPLEMENTAL INSURANCE
Commission paid to Insurance Broker	USD $18,183
Insurance broker organization code?	3

MONY (National Association of Insurance Commissioners NAIC id number: 78077 )

Policy contract number

001962

Policy instance

Insurance contract or identification number	001962
Number of Individuals Covered	156
Insurance policy start date	2021-06-01
Insurance policy end date	2022-05-31
Total amount of commissions paid to insurance broker	USD $146,050
Total amount of fees paid to insurance company	USD $10,350
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
Other welfare benefits provided	SUPPLEMENTAL INSURANCE
Commission paid to Insurance Broker	USD $146,050
Amount paid for insurance broker fees	10350
Additional information about fees paid to insurance broker	BONUS
Insurance broker organization code?	3

Potentially related plans

RAD SOURCE TECHNOLOGIES, INC. 401K PLAN [EIN = 650885844]

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Company Name:	RAD SOURCE TECHNOLOGIES, INC.
Employer identification number (EIN):	650882844
NAIC Classification:	334517
NAIC Description:	Irradiation Apparatus Manufacturing