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READYONE INDUSTRIES CIGNA HEALTH PLAN 401k Plan overview

Plan NameREADYONE INDUSTRIES CIGNA HEALTH PLAN
Plan identification number 511

READYONE INDUSTRIES CIGNA HEALTH PLAN Benefits

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

401k Sponsoring company profile

READYONE INDUSTRIES has sponsored the creation of one or more 401k plans.

Company Name:READYONE INDUSTRIES
Employer identification number (EIN):742544266
NAIC Classification:315210
NAIC Description:Cut and Sew Apparel Contractors

Form 5500 Filing Information

Submission information for form 5500 for 401k plan READYONE INDUSTRIES CIGNA HEALTH PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
5112018-01-01MIKE MASON MIKE MASON2019-07-25

Plan Statistics for READYONE INDUSTRIES CIGNA HEALTH PLAN

401k plan membership statisitcs for READYONE INDUSTRIES CIGNA HEALTH PLAN

Measure Date Value
2018: READYONE INDUSTRIES CIGNA HEALTH PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-01201
Total number of active participants reported on line 7a of the Form 55002018-01-01109
Total of all active and inactive participants2018-01-01109
Total participants2018-01-01109

Form 5500 Responses for READYONE INDUSTRIES CIGNA HEALTH PLAN

2018: READYONE INDUSTRIES CIGNA HEALTH PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01First time form 5500 has been submittedYes
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – General assets of the sponsorYes
2018-01-01Plan benefit arrangement – General assets of the sponsorYes

Insurance Providers Used on plan

CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES (National Association of Insurance Commissioners NAIC id number: 67369 )
Policy contract number00621367
Policy instance 1
Insurance contract or identification number00621367
Number of Individuals Covered109
Insurance policy start date2018-01-01
Insurance policy end date2018-12-31
Total amount of commissions paid to insurance brokerUSD $3,248
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Welfare Benefit Premiums Paid to CarrierUSD $420,261
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?Yes
Commission paid to Insurance BrokerUSD $3,248

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