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COASTLIFE CREDIT UNION MEDICAL AND DENTAL PLAN 401k Plan overview

Plan NameCOASTLIFE CREDIT UNION MEDICAL AND DENTAL PLAN
Plan identification number 503

COASTLIFE CREDIT UNION MEDICAL AND DENTAL 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.
  • Unfunded, fully insured, or combination unfunded/insured welfare plan that stopped filing form 5500s in an earlier plan year pursuant to 29 CFR 2520.104-20.

401k Sponsoring company profile

COASTLIFE CREDIT UNION has sponsored the creation of one or more 401k plans.

Company Name:COASTLIFE CREDIT UNION
Employer identification number (EIN):741505143
NAIC Classification:522130
NAIC Description:Credit Unions

Form 5500 Filing Information

Submission information for form 5500 for 401k plan COASTLIFE CREDIT UNION MEDICAL AND DENTAL PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
5032022-10-01MISSY GARCIA2024-01-23
5032018-10-01MISSY GARCIA2021-01-06
5032018-10-01MISSY GARCIA2020-04-29

Plan Statistics for COASTLIFE CREDIT UNION MEDICAL AND DENTAL PLAN

401k plan membership statisitcs for COASTLIFE CREDIT UNION MEDICAL AND DENTAL PLAN

Measure Date Value
2022: COASTLIFE CREDIT UNION MEDICAL AND DENTAL PLAN 2022 401k membership
Total participants, beginning-of-year2022-10-01102
Total number of active participants reported on line 7a of the Form 55002022-10-01126
Number of retired or separated participants receiving benefits2022-10-010
Number of other retired or separated participants entitled to future benefits2022-10-010
Total of all active and inactive participants2022-10-01126
Number of employers contributing to the scheme2022-10-010
2018: COASTLIFE CREDIT UNION MEDICAL AND DENTAL PLAN 2018 401k membership
Total participants, beginning-of-year2018-10-01101
Total number of active participants reported on line 7a of the Form 55002018-10-01127
Number of retired or separated participants receiving benefits2018-10-010
Number of other retired or separated participants entitled to future benefits2018-10-010
Total of all active and inactive participants2018-10-01127
Number of employers contributing to the scheme2018-10-010

Form 5500 Responses for COASTLIFE CREDIT UNION MEDICAL AND DENTAL PLAN

2022: COASTLIFE CREDIT UNION MEDICAL AND DENTAL PLAN 2022 form 5500 responses
2022-10-01Type of plan entitySingle employer plan
2022-10-01Plan funding arrangement – InsuranceYes
2022-10-01Plan benefit arrangement – InsuranceYes
2018: COASTLIFE CREDIT UNION MEDICAL AND DENTAL PLAN 2018 form 5500 responses
2018-10-01Type of plan entitySingle employer plan
2018-10-01First time form 5500 has been submittedYes
2018-10-01Submission has been amendedYes
2018-10-01Plan funding arrangement – InsuranceYes
2018-10-01Plan benefit arrangement – InsuranceYes

Insurance Providers Used on plan

AETNA LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 60054 )
Policy contract number107719
Policy instance 1
Insurance contract or identification number107719
Number of Individuals Covered126
Insurance policy start date2022-10-01
Insurance policy end date2023-09-30
Total amount of commissions paid to insurance brokerUSD $3,999
Total amount of fees paid to insurance companyUSD $18,209
Health Insurance Welfare BenefitYes
Dental Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $484,404
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $3,999
Amount paid for insurance broker fees18209
Additional information about fees paid to insurance broker2021 PINNACLE MEDICAL AND DENTAL RETENTION INCENTIVE RISK, INDIRECT COMPENSATION
Insurance broker organization code?3
AETNA LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 60054 )
Policy contract number107719
Policy instance 1
Insurance contract or identification number107719
Number of Individuals Covered127
Insurance policy start date2018-10-01
Insurance policy end date2019-09-30
Total amount of commissions paid to insurance brokerUSD $4,130
Total amount of fees paid to insurance companyUSD $24,003
Health Insurance Welfare BenefitYes
Dental Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $537,437
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $4,130
Amount paid for insurance broker fees24003
Additional information about fees paid to insurance broker2018 PREMIER PRODUCER MEDICAL AND TEXAS LOCAL MARKET NEW BUSINESS DIRECT AND INDIRECT COMPENSATION
Insurance broker organization code?3

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