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DOOSAN TURBOMACHINERY SERVICES DENTAL & VISION PLAN 401k Plan overview

Plan NameDOOSAN TURBOMACHINERY SERVICES DENTAL & VISION PLAN
Plan identification number 503

DOOSAN TURBOMACHINERY SERVICES DENTAL & VISION PLAN Benefits

401k Plan TypeWelfare Benefit
Plan Features/Benefits
  • Dental
  • Vision
  • Other welfare benefit cover

401k Sponsoring company profile

DOOSAN TURBOMACHINERY SERVICES, INC. has sponsored the creation of one or more 401k plans.

Company Name:DOOSAN TURBOMACHINERY SERVICES, INC.
Employer identification number (EIN):760506897
NAIC Classification:333610

Form 5500 Filing Information

Submission information for form 5500 for 401k plan DOOSAN TURBOMACHINERY SERVICES DENTAL & VISION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
5032020-07-01

Plan Statistics for DOOSAN TURBOMACHINERY SERVICES DENTAL & VISION PLAN

401k plan membership statisitcs for DOOSAN TURBOMACHINERY SERVICES DENTAL & VISION PLAN

Measure Date Value
2020: DOOSAN TURBOMACHINERY SERVICES DENTAL & VISION PLAN 2020 401k membership
Total participants, beginning-of-year2020-07-01111
Total number of active participants reported on line 7a of the Form 55002020-07-010
Total of all active and inactive participants2020-07-010
Total participants2020-07-010

Form 5500 Responses for DOOSAN TURBOMACHINERY SERVICES DENTAL & VISION PLAN

2020: DOOSAN TURBOMACHINERY SERVICES DENTAL & VISION PLAN 2020 form 5500 responses
2020-07-01Type of plan entitySingle employer plan
2020-07-01First time form 5500 has been submittedYes
2020-07-01Submission has been amendedNo
2020-07-01This submission is the final filingYes
2020-07-01This return/report is a short plan year return/report (less than 12 months)No
2020-07-01Plan is a collectively bargained planNo
2020-07-01Plan funding arrangement – InsuranceYes
2020-07-01Plan benefit arrangement – InsuranceYes

Insurance Providers Used on plan

THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA (National Association of Insurance Commissioners NAIC id number: 64246 )
Policy contract number00563069
Policy instance 1
Insurance contract or identification number00563069
Number of Individuals Covered107
Insurance policy start date2020-07-01
Insurance policy end date2021-06-30
Total amount of commissions paid to insurance brokerUSD $22,573
Total amount of fees paid to insurance companyUSD $3,083
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 BenefitYes
Vision Insurance Welfare BenefitYes
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Other welfare benefits providedACCIDENT, CRITICAL ILLNESS
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 $167,433
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $22,573
Amount paid for insurance broker fees3083
Additional information about fees paid to insurance brokerFEES PAID
Insurance broker organization code?3

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