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TRADITIONS PSYCHOLOGY GROUP LIFE & DISABILITY PLAN 401k Plan overview

Plan NameTRADITIONS PSYCHOLOGY GROUP LIFE & DISABILITY PLAN
Plan identification number 503

TRADITIONS PSYCHOLOGY GROUP LIFE & DISABILITY PLAN Benefits

401k Plan TypeWelfare Benefit
Plan Features/Benefits
  • Life insurance
  • Long-term disability cover

401k Sponsoring company profile

TRADITIONS PSYCHOLOGY GROUP, INC. has sponsored the creation of one or more 401k plans.

Company Name:TRADITIONS PSYCHOLOGY GROUP, INC.
Employer identification number (EIN):680392037
NAIC Classification:621112
NAIC Description:Offices of Physicians, Mental Health Specialists

Form 5500 Filing Information

Submission information for form 5500 for 401k plan TRADITIONS PSYCHOLOGY GROUP LIFE & DISABILITY PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
5032020-01-01KIM MARTINEZ2021-09-21

Plan Statistics for TRADITIONS PSYCHOLOGY GROUP LIFE & DISABILITY PLAN

401k plan membership statisitcs for TRADITIONS PSYCHOLOGY GROUP LIFE & DISABILITY PLAN

Measure Date Value
2020: TRADITIONS PSYCHOLOGY GROUP LIFE & DISABILITY PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-01124
Total number of active participants reported on line 7a of the Form 55002020-01-01116
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-010
Total of all active and inactive participants2020-01-01116
Number of employers contributing to the scheme2020-01-010

Form 5500 Responses for TRADITIONS PSYCHOLOGY GROUP LIFE & DISABILITY PLAN

2020: TRADITIONS PSYCHOLOGY GROUP LIFE & DISABILITY PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01First time form 5500 has been submittedYes
2020-01-01Plan funding arrangement – InsuranceYes
2020-01-01Plan benefit arrangement – InsuranceYes

Insurance Providers Used on plan

STANDARD INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 69019 )
Policy contract number640139
Policy instance 1
Insurance contract or identification number640139
Number of Individuals Covered116
Insurance policy start date2020-01-01
Insurance policy end date2020-12-31
Total amount of commissions paid to insurance brokerUSD $11,242
Total amount of fees paid to insurance companyUSD $3,734
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitYes
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitYes
Unemployment Insurance Welfare BenefitNo
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $5,838
Amount paid for insurance broker fees3734
Additional information about fees paid to insurance brokerCONTINGENT COMPENSATION
Insurance broker organization code?3

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