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KING AEROSPACE, INC. HEALTH AND WELFARE PLAN 401k Plan overview

Plan NameKING AEROSPACE, INC. HEALTH AND WELFARE PLAN
Plan identification number 503

KING AEROSPACE, INC. HEALTH AND WELFARE PLAN Benefits

401k Plan TypeWelfare Benefit
Plan Features/Benefits
  • Health (other than dental or vision)
  • Life insurance
  • Dental
  • Vision
  • Temporary disability (accident and sickness)
  • Long-term disability cover

401k Sponsoring company profile

FAITH ENTERPRISES, INC. has sponsored the creation of one or more 401k plans.

Company Name:FAITH ENTERPRISES, INC.
Employer identification number (EIN):752572545
NAIC Classification:333610

Additional information about FAITH ENTERPRISES, INC.

Jurisdiction of Incorporation: Alabama Secretary of State
Incorporation Date: 1997-03-03
Company Identification Number: 185-881
Legal Registered Office Address: ROUTE 10 ANDALUSIA,


United States of America (USA)
36420

More information about FAITH ENTERPRISES, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan KING AEROSPACE, INC. HEALTH AND WELFARE PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
5032019-07-01
5032012-07-01PAT H BROOKS
5032011-07-01STEVEN C BUTLER CPA

Plan Statistics for KING AEROSPACE, INC. HEALTH AND WELFARE PLAN

401k plan membership statisitcs for KING AEROSPACE, INC. HEALTH AND WELFARE PLAN

Measure Date Value
2019: KING AEROSPACE, INC. HEALTH AND WELFARE PLAN 2019 401k membership
Total participants, beginning-of-year2019-07-0188
Total number of active participants reported on line 7a of the Form 55002019-07-01106
Total of all active and inactive participants2019-07-01106
Total participants2019-07-01106
2012: KING AEROSPACE, INC. HEALTH AND WELFARE PLAN 2012 401k membership
Total participants, beginning-of-year2012-07-01133
Total of all active and inactive participants2012-07-010
Total participants2012-07-010
2011: KING AEROSPACE, INC. HEALTH AND WELFARE PLAN 2011 401k membership
Total participants, beginning-of-year2011-07-01170
Total of all active and inactive participants2011-07-010
Total participants2011-07-010

Financial Data on KING AEROSPACE, INC. HEALTH AND WELFARE PLAN

Measure Date Value
2013 : KING AEROSPACE, INC. HEALTH AND WELFARE PLAN 2013 401k financial data
Value of total assets at end of year2013-06-30$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2013-06-30No
Was this plan covered by a fidelity bond2013-06-30No
Were there any nonexempt tranactions with any party-in-interest2013-06-30No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2013-06-30No
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2013-06-30No
Were any loans by the plan or fixed income obligations due to the plan in default2013-06-30No
Were any leases to which the plan was party in default or uncollectible2013-06-30No
Value of interest in common/collective trusts at end of year2013-06-30$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2013-06-30No
Was there a failure to transmit to the plan any participant contributions2013-06-30No
Has the plan failed to provide any benefit when due under the plan2013-06-30No
Did the plan have assets held for investment2013-06-30No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2013-06-30No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2013-06-30No
2012 : KING AEROSPACE, INC. HEALTH AND WELFARE PLAN 2012 401k financial data
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-06-30No
Was this plan covered by a fidelity bond2012-06-30No
Were there any nonexempt tranactions with any party-in-interest2012-06-30No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2012-06-30No
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2012-06-30No
Were any loans by the plan or fixed income obligations due to the plan in default2012-06-30No
Were any leases to which the plan was party in default or uncollectible2012-06-30No
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-06-30No
Was there a failure to transmit to the plan any participant contributions2012-06-30No
Has the plan failed to provide any benefit when due under the plan2012-06-30No
Did the plan have assets held for investment2012-06-30No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2012-06-30No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2012-06-30No

Form 5500 Responses for KING AEROSPACE, INC. HEALTH AND WELFARE PLAN

2019: KING AEROSPACE, INC. HEALTH AND WELFARE PLAN 2019 form 5500 responses
2019-07-01Type of plan entitySingle employer plan
2019-07-01Plan funding arrangement – InsuranceYes
2019-07-01Plan funding arrangement – General assets of the sponsorYes
2019-07-01Plan benefit arrangement – InsuranceYes
2012: KING AEROSPACE, INC. HEALTH AND WELFARE PLAN 2012 form 5500 responses
2012-07-01Type of plan entitySingle employer plan
2012-07-01Plan funding arrangement – InsuranceYes
2012-07-01Plan funding arrangement – General assets of the sponsorYes
2012-07-01Plan benefit arrangement – InsuranceYes
2012-07-01Plan benefit arrangement – General assets of the sponsorYes
2011: KING AEROSPACE, INC. HEALTH AND WELFARE PLAN 2011 form 5500 responses
2011-07-01Type of plan entitySingle employer plan
2011-07-01Plan funding arrangement – InsuranceYes
2011-07-01Plan funding arrangement – General assets of the sponsorYes
2011-07-01Plan benefit arrangement – InsuranceYes
2011-07-01Plan benefit arrangement – General assets of the sponsorYes

Insurance Providers Used on plan

THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA (National Association of Insurance Commissioners NAIC id number: 64246 )
Policy contract number00430123
Policy instance 1
Insurance contract or identification number00430123
Number of Individuals Covered106
Insurance policy start date2019-07-01
Insurance policy end date2020-06-30
Total amount of commissions paid to insurance brokerUSD $13,791
Total amount of fees paid to insurance companyUSD $6,654
Dental Insurance Welfare BenefitYes
Vision Insurance Welfare BenefitYes
Life Insurance Welfare BenefitYes
Other welfare benefits providedADD
Welfare Benefit Premiums Paid to CarrierUSD $136,477
Commission paid to Insurance BrokerUSD $13,648
Amount paid for insurance broker fees6654
Insurance broker organization code?3
DELAWARE AMERICAN LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 62634 )
Policy contract number3848
Policy instance 2
Insurance contract or identification number3848
Number of Individuals Covered77
Insurance policy start date2019-07-01
Insurance policy end date2020-06-30
Total amount of commissions paid to insurance brokerUSD $52,815
Health Insurance Welfare BenefitYes
Dental Insurance Welfare BenefitYes
Life Insurance Welfare BenefitYes
Temporary Disability Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $530,834
Commission paid to Insurance BrokerUSD $52,815
STANDARD INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 69019 )
Policy contract number144826
Policy instance 3
Insurance contract or identification number144826
Number of Individuals Covered45
Insurance policy start date2019-07-01
Insurance policy end date2020-06-30
Total amount of commissions paid to insurance brokerUSD $8,567
Long Term Disability Insurance Welfare BenefitYes
Commission paid to Insurance BrokerUSD $649
Insurance broker organization code?3
STANDARD INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 69019 )
Policy contract number144826
Policy instance 4
Insurance contract or identification number144826
Number of Individuals Covered123
Insurance policy start date2019-07-01
Insurance policy end date2020-06-30
Total amount of commissions paid to insurance brokerUSD $3,187
Temporary Disability Insurance Welfare BenefitYes
Commission paid to Insurance BrokerUSD $550
Insurance broker organization code?3
UNITEDHEALTHCARE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 79413 )
Policy contract number6U2889
Policy instance 5
Insurance contract or identification number6U2889
Number of Individuals Covered101
Insurance policy start date2019-07-01
Insurance policy end date2020-06-30
Total amount of commissions paid to insurance brokerUSD $44,647
Health Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $935,387
Commission paid to Insurance BrokerUSD $44,647
Insurance broker organization code?3

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