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AKM, LLC MEDICAL AND VISION PLAN 401k Plan overview

Plan NameAKM, LLC MEDICAL AND VISION PLAN
Plan identification number 501

AKM, LLC MEDICAL AND VISION PLAN Benefits

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

401k Sponsoring company profile

AKM, LLC has sponsored the creation of one or more 401k plans.

Company Name:AKM, LLC
Employer identification number (EIN):721006349
NAIC Classification:238290
NAIC Description:Other Building Equipment Contractors

Form 5500 Filing Information

Submission information for form 5500 for 401k plan AKM, LLC MEDICAL AND VISION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
5012022-01-01LAANN ADAMS2023-08-20
5012021-01-01LAANN ADAMS2022-09-26
5012020-01-01LAANN ADAMS2021-07-29
5012019-01-01LAANN ADAMS2020-10-14
5012018-01-01LAANN ADAMS2019-08-29
5012017-01-01
5012016-01-01
5012015-01-01
5012014-01-01

Plan Statistics for AKM, LLC MEDICAL AND VISION PLAN

401k plan membership statisitcs for AKM, LLC MEDICAL AND VISION PLAN

Measure Date Value
2022: AKM, LLC MEDICAL AND VISION PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-0190
Total number of active participants reported on line 7a of the Form 55002022-01-0184
Total of all active and inactive participants2022-01-0184
2021: AKM, LLC MEDICAL AND VISION PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-0196
Total number of active participants reported on line 7a of the Form 55002021-01-0190
Total of all active and inactive participants2021-01-0190
2020: AKM, LLC MEDICAL AND VISION PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-01142
Total number of active participants reported on line 7a of the Form 55002020-01-0196
Total of all active and inactive participants2020-01-0196
2019: AKM, LLC MEDICAL AND VISION PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-01145
Total number of active participants reported on line 7a of the Form 55002019-01-01131
Total of all active and inactive participants2019-01-01131
2018: AKM, LLC MEDICAL AND VISION PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-01174
Total number of active participants reported on line 7a of the Form 55002018-01-01140
Total of all active and inactive participants2018-01-01140
2017: AKM, LLC MEDICAL AND VISION PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-01177
Total number of active participants reported on line 7a of the Form 55002017-01-01139
Total of all active and inactive participants2017-01-01139
2016: AKM, LLC MEDICAL AND VISION PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-01189
Total number of active participants reported on line 7a of the Form 55002016-01-01156
Total of all active and inactive participants2016-01-01156
2015: AKM, LLC MEDICAL AND VISION PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-01151
Total number of active participants reported on line 7a of the Form 55002015-01-01151
Total of all active and inactive participants2015-01-01151
2014: AKM, LLC MEDICAL AND VISION PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-01138
Total number of active participants reported on line 7a of the Form 55002014-01-01151
Total of all active and inactive participants2014-01-01151

Form 5500 Responses for AKM, LLC MEDICAL AND VISION PLAN

2022: AKM, LLC MEDICAL AND VISION PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Plan funding arrangement – InsuranceYes
2022-01-01Plan benefit arrangement – InsuranceYes
2021: AKM, LLC MEDICAL AND VISION PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Plan funding arrangement – InsuranceYes
2021-01-01Plan benefit arrangement – InsuranceYes
2020: AKM, LLC MEDICAL AND VISION PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Plan funding arrangement – InsuranceYes
2020-01-01Plan benefit arrangement – InsuranceYes
2019: AKM, LLC MEDICAL AND VISION PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Plan funding arrangement – InsuranceYes
2019-01-01Plan benefit arrangement – InsuranceYes
2018: AKM, LLC MEDICAL AND VISION PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Plan funding arrangement – InsuranceYes
2018-01-01Plan benefit arrangement – InsuranceYes
2017: AKM, LLC MEDICAL AND VISION PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Plan funding arrangement – InsuranceYes
2017-01-01Plan benefit arrangement – InsuranceYes
2016: AKM, LLC MEDICAL AND VISION PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Plan funding arrangement – InsuranceYes
2016-01-01Plan benefit arrangement – InsuranceYes
2015: AKM, LLC MEDICAL AND VISION PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Plan funding arrangement – InsuranceYes
2015-01-01Plan benefit arrangement – InsuranceYes
2014: AKM, LLC MEDICAL AND VISION PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01First time form 5500 has been submittedYes
2014-01-01Plan funding arrangement – InsuranceYes
2014-01-01Plan benefit arrangement – InsuranceYes

Insurance Providers Used on plan

BLUE CROSS BLUE SHIELD OF LOUISIANA (National Association of Insurance Commissioners NAIC id number: 81200 )
Policy contract number78J82ERC
Policy instance 1
Insurance contract or identification number78J82ERC
Number of Individuals Covered84
Insurance policy start date2022-01-01
Insurance policy end date2023-01-01
Total amount of commissions paid to insurance brokerUSD $27,331
Total amount of fees paid to insurance companyUSD $18,175
Health Insurance Welfare BenefitYes
Vision Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $833,863
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $27,331
Amount paid for insurance broker fees18175
Insurance broker organization code?3
BLUE CROSS BLUE SHIELD OF LOUISIANA (National Association of Insurance Commissioners NAIC id number: 81200 )
Policy contract number78J82ERC
Policy instance 1
Insurance contract or identification number78J82ERC
Number of Individuals Covered90
Insurance policy start date2021-01-01
Insurance policy end date2022-01-01
Total amount of commissions paid to insurance brokerUSD $33,221
Total amount of fees paid to insurance companyUSD $20,063
Health Insurance Welfare BenefitYes
Vision Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $924,733
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $33,221
Amount paid for insurance broker fees20063
Additional information about fees paid to insurance brokerINDIRECT COMPENSATION QUARTERLY BONUSES AND INCENTIVE TRIPS
Insurance broker organization code?3
BLUE CROSS BLUE SHIELD OF LOUISIANA (National Association of Insurance Commissioners NAIC id number: 81200 )
Policy contract number78J82ERC
Policy instance 1
Insurance contract or identification number78J82ERC
Number of Individuals Covered96
Insurance policy start date2020-01-01
Insurance policy end date2021-01-01
Total amount of commissions paid to insurance brokerUSD $38,089
Total amount of fees paid to insurance companyUSD $24,620
Health Insurance Welfare BenefitYes
Vision Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $1,033,245
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $38,089
Insurance broker organization code?3
Amount paid for insurance broker fees24620
Additional information about fees paid to insurance brokerINDIRECT COMPENSATION QUARTERLY BONUSES AND INCENTIVE TRIPS
BLUE CROSS BLUE SHIELD OF LOUISIANA (National Association of Insurance Commissioners NAIC id number: 81200 )
Policy contract number78J82ERC
Policy instance 1
Insurance contract or identification number78J82ERC
Number of Individuals Covered131
Insurance policy start date2019-01-01
Insurance policy end date2020-01-01
Total amount of commissions paid to insurance brokerUSD $42,885
Total amount of fees paid to insurance companyUSD $25,628
Health Insurance Welfare BenefitYes
Vision Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $1,146,123
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $42,885
Insurance broker organization code?3
Amount paid for insurance broker fees25628
Additional information about fees paid to insurance brokerINDIRECT COMPENSATION QUARTLERY BONUSES AND INCENTIVE TRIPS
BLUE CROSS BLUE SHIELD OF LOUISIANA (National Association of Insurance Commissioners NAIC id number: 81200 )
Policy contract number78J82ERC
Policy instance 1
Insurance contract or identification number78J82ERC
Number of Individuals Covered139
Insurance policy start date2017-01-01
Insurance policy end date2018-01-01
Total amount of commissions paid to insurance brokerUSD $80,253
Total amount of fees paid to insurance companyUSD $0
Health Insurance Welfare BenefitYes
Vision Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $1,280,239
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $45,916
Insurance broker organization code?3
Insurance broker nameGALLAGHER BENEFIT SERVICES - BATON
HUMANA (National Association of Insurance Commissioners NAIC id number: 95642 )
Policy contract number553838
Policy instance 1
Insurance contract or identification number553838
Number of Individuals Covered151
Insurance policy start date2015-01-01
Insurance policy end date2015-12-31
Total amount of commissions paid to insurance brokerUSD $113,126
Total amount of fees paid to insurance companyUSD $0
Health Insurance Welfare BenefitYes
Vision Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $1,507,569
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $85,933
Insurance broker organization code?3
Insurance broker nameGALLAGHER BENEFIT SER SAN ANTONIO
HUMANA (National Association of Insurance Commissioners NAIC id number: 95642 )
Policy contract number553838
Policy instance 1
Insurance contract or identification number553838
Number of Individuals Covered151
Insurance policy start date2014-01-01
Insurance policy end date2014-12-31
Total amount of commissions paid to insurance brokerUSD $92,467
Total amount of fees paid to insurance companyUSD $0
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Health Insurance Welfare BenefitYes
Vision Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $1,419,736
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $92,467
Insurance broker organization code?3
Insurance broker nameGALLAGHER BENEFITS SERVICES INC

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