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NORTHEASTERN WELLNESS SOLUTIONS RETIREMENT PLAN 401k Plan overview

Plan NameNORTHEASTERN WELLNESS SOLUTIONS RETIREMENT PLAN
Plan identification number 001

NORTHEASTERN WELLNESS SOLUTIONS RETIREMENT PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

NORTHEASTERN WELLNESS SOLUTIONS, INC. has sponsored the creation of one or more 401k plans.

Company Name:NORTHEASTERN WELLNESS SOLUTIONS, INC.
Employer identification number (EIN):811201914
NAIC Classification:812190

Form 5500 Filing Information

Submission information for form 5500 for 401k plan NORTHEASTERN WELLNESS SOLUTIONS RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01
0012021-01-01
0012020-01-01
0012019-01-01
0012019-01-01
0012018-01-01
0012017-01-01JODI CLARY
0012017-01-01
0012016-01-25JODI CLARY JODI CLARY2017-06-12

Plan Statistics for NORTHEASTERN WELLNESS SOLUTIONS RETIREMENT PLAN

401k plan membership statisitcs for NORTHEASTERN WELLNESS SOLUTIONS RETIREMENT PLAN

Measure Date Value
2022: NORTHEASTERN WELLNESS SOLUTIONS RETIREMENT PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-0114
Total number of active participants reported on line 7a of the Form 55002022-01-0112
Number of retired or separated participants receiving benefits2022-01-012
Number of other retired or separated participants entitled to future benefits2022-01-010
Total of all active and inactive participants2022-01-0114
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-010
Total participants2022-01-0114
Number of participants with account balances2022-01-015
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-012
2021: NORTHEASTERN WELLNESS SOLUTIONS RETIREMENT PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-0112
Total number of active participants reported on line 7a of the Form 55002021-01-0110
Number of retired or separated participants receiving benefits2021-01-010
Number of other retired or separated participants entitled to future benefits2021-01-012
Total of all active and inactive participants2021-01-0112
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-0112
Number of participants with account balances2021-01-017
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-012
2020: NORTHEASTERN WELLNESS SOLUTIONS RETIREMENT PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-0111
Total number of active participants reported on line 7a of the Form 55002020-01-0111
Total of all active and inactive participants2020-01-0111
Total participants2020-01-0111
Number of participants with account balances2020-01-015
2019: NORTHEASTERN WELLNESS SOLUTIONS RETIREMENT PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-016
Total number of active participants reported on line 7a of the Form 55002019-01-018
Number of retired or separated participants receiving benefits2019-01-011
Number of other retired or separated participants entitled to future benefits2019-01-010
Total of all active and inactive participants2019-01-019
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-019
Number of participants with account balances2019-01-015
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-010
2018: NORTHEASTERN WELLNESS SOLUTIONS RETIREMENT PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-016
Total number of active participants reported on line 7a of the Form 55002018-01-015
Number of retired or separated participants receiving benefits2018-01-010
Number of other retired or separated participants entitled to future benefits2018-01-011
Total of all active and inactive participants2018-01-016
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-016
Number of participants with account balances2018-01-013
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-011
2017: NORTHEASTERN WELLNESS SOLUTIONS RETIREMENT PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-012
Total number of active participants reported on line 7a of the Form 55002017-01-012
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-010
Total of all active and inactive participants2017-01-012
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-012
Number of participants with account balances2017-01-012
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-010
2016: NORTHEASTERN WELLNESS SOLUTIONS RETIREMENT PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-252
Total number of active participants reported on line 7a of the Form 55002016-01-252
Number of retired or separated participants receiving benefits2016-01-250
Number of other retired or separated participants entitled to future benefits2016-01-250
Total of all active and inactive participants2016-01-252
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-250
Total participants2016-01-252
Number of participants with account balances2016-01-252
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-250

Financial Data on NORTHEASTERN WELLNESS SOLUTIONS RETIREMENT PLAN

Measure Date Value
2022 : NORTHEASTERN WELLNESS SOLUTIONS RETIREMENT PLAN 2022 401k financial data
Transfers to/from the plan2022-12-31$0
Total plan liabilities at end of year2022-12-31$0
Total plan liabilities at beginning of year2022-12-31$0
Total income from all sources2022-12-31$27,082
Expenses. Total of all expenses incurred2022-12-31$7,944
Benefits paid (including direct rollovers)2022-12-31$7,579
Total plan assets at end of year2022-12-31$343,062
Total plan assets at beginning of year2022-12-31$323,924
Value of fidelity bond covering the plan2022-12-31$10,000
Total contributions received or receivable from participants2022-12-31$10,791
Expenses. Other expenses not covered elsewhere2022-12-31$0
Contributions received from other sources (not participants or employers)2022-12-31$0
Other income received2022-12-31$15,291
Noncash contributions received2022-12-31$0
Net income (gross income less expenses)2022-12-31$19,138
Net plan assets at end of year (total assets less liabilities)2022-12-31$343,062
Net plan assets at beginning of year (total assets less liabilities)2022-12-31$323,924
Assets. Value of employer securities2022-12-31$312,822
Total contributions received or receivable from employer(s)2022-12-31$1,000
Value of certain deemed distributions of participant loans2022-12-31$0
Value of corrective distributions2022-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2022-12-31$365
2021 : NORTHEASTERN WELLNESS SOLUTIONS RETIREMENT PLAN 2021 401k financial data
Total plan liabilities at end of year2021-12-31$0
Total plan liabilities at beginning of year2021-12-31$0
Total income from all sources2021-12-31$100,418
Expenses. Total of all expenses incurred2021-12-31$138
Benefits paid (including direct rollovers)2021-12-31$0
Total plan assets at end of year2021-12-31$323,924
Total plan assets at beginning of year2021-12-31$223,644
Value of fidelity bond covering the plan2021-12-31$10,000
Total contributions received or receivable from participants2021-12-31$9,289
Expenses. Other expenses not covered elsewhere2021-12-31$0
Contributions received from other sources (not participants or employers)2021-12-31$0
Other income received2021-12-31$90,212
Noncash contributions received2021-12-31$0
Net income (gross income less expenses)2021-12-31$100,280
Net plan assets at end of year (total assets less liabilities)2021-12-31$323,924
Net plan assets at beginning of year (total assets less liabilities)2021-12-31$223,644
Assets. Value of employer securities2021-12-31$291,101
Total contributions received or receivable from employer(s)2021-12-31$917
Value of certain deemed distributions of participant loans2021-12-31$0
Value of corrective distributions2021-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2021-12-31$138
2020 : NORTHEASTERN WELLNESS SOLUTIONS RETIREMENT PLAN 2020 401k financial data
Total income from all sources2020-12-31$-75,373
Total plan assets at end of year2020-12-31$223,644
Total plan assets at beginning of year2020-12-31$299,017
Value of fidelity bond covering the plan2020-12-31$10,000
Total contributions received or receivable from participants2020-12-31$5,004
Other income received2020-12-31$-81,457
Net income (gross income less expenses)2020-12-31$-75,373
Net plan assets at end of year (total assets less liabilities)2020-12-31$223,644
Net plan assets at beginning of year (total assets less liabilities)2020-12-31$299,017
Assets. Value of employer securities2020-12-31$204,956
Total contributions received or receivable from employer(s)2020-12-31$1,080
2019 : NORTHEASTERN WELLNESS SOLUTIONS RETIREMENT PLAN 2019 401k financial data
Total income from all sources2019-12-31$44,175
Expenses. Total of all expenses incurred2019-12-31$353
Benefits paid (including direct rollovers)2019-12-31$217
Total plan assets at end of year2019-12-31$299,017
Total plan assets at beginning of year2019-12-31$255,195
Value of fidelity bond covering the plan2019-12-31$1,000
Total contributions received or receivable from participants2019-12-31$5,057
Other income received2019-12-31$38,633
Net income (gross income less expenses)2019-12-31$43,822
Net plan assets at end of year (total assets less liabilities)2019-12-31$299,017
Net plan assets at beginning of year (total assets less liabilities)2019-12-31$255,195
Assets. Value of employer securities2019-12-31$251,278
Total contributions received or receivable from employer(s)2019-12-31$485
Expenses. Administrative service providers (salaries,fees and commissions)2019-12-31$136
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
2018 : NORTHEASTERN WELLNESS SOLUTIONS RETIREMENT PLAN 2018 401k financial data
Transfers to/from the plan2018-12-31$0
Total income from all sources2018-12-31$67,359
Expenses. Total of all expenses incurred2018-12-31$5
Benefits paid (including direct rollovers)2018-12-31$0
Total plan assets at end of year2018-12-31$255,195
Total plan assets at beginning of year2018-12-31$187,841
Total contributions received or receivable from participants2018-12-31$498
Expenses. Other expenses not covered elsewhere2018-12-31$0
Contributions received from other sources (not participants or employers)2018-12-31$3,116
Other income received2018-12-31$63,254
Noncash contributions received2018-12-31$0
Net income (gross income less expenses)2018-12-31$67,354
Net plan assets at end of year (total assets less liabilities)2018-12-31$255,195
Net plan assets at beginning of year (total assets less liabilities)2018-12-31$187,841
Assets. Value of employer securities2018-12-31$251,278
Total contributions received or receivable from employer(s)2018-12-31$491
Value of certain deemed distributions of participant loans2018-12-31$0
Value of corrective distributions2018-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2018-12-31$5
2017 : NORTHEASTERN WELLNESS SOLUTIONS RETIREMENT PLAN 2017 401k financial data
Total income from all sources2017-12-31$-203,477
Expenses. Total of all expenses incurred2017-12-31$0
Total plan assets at end of year2017-12-31$50,240
Total plan assets at beginning of year2017-12-31$253,717
Other income received2017-12-31$-203,477
Net income (gross income less expenses)2017-12-31$-203,477
Net plan assets at end of year (total assets less liabilities)2017-12-31$50,240
Net plan assets at beginning of year (total assets less liabilities)2017-12-31$253,717
Assets. Value of employer securities2017-12-31$50,240
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
2016 : NORTHEASTERN WELLNESS SOLUTIONS RETIREMENT PLAN 2016 401k financial data
Total income from all sources2016-12-31$253,719
Expenses. Total of all expenses incurred2016-12-31$2
Benefits paid (including direct rollovers)2016-12-31$2
Total plan assets at end of year2016-12-31$253,717
Contributions received from other sources (not participants or employers)2016-12-31$122,484
Other income received2016-12-31$131,235
Net income (gross income less expenses)2016-12-31$253,717
Net plan assets at end of year (total assets less liabilities)2016-12-31$253,717
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$0
Assets. Value of employer securities2016-12-31$253,717
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0

Form 5500 Responses for NORTHEASTERN WELLNESS SOLUTIONS RETIREMENT PLAN

2022: NORTHEASTERN WELLNESS SOLUTIONS RETIREMENT PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Plan funding arrangement – InsuranceYes
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement – InsuranceYes
2022-01-01Plan benefit arrangement - TrustYes
2021: NORTHEASTERN WELLNESS SOLUTIONS RETIREMENT PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Plan funding arrangement – InsuranceYes
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement – InsuranceYes
2021-01-01Plan benefit arrangement - TrustYes
2020: NORTHEASTERN WELLNESS SOLUTIONS RETIREMENT PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Plan funding arrangement – InsuranceYes
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement – InsuranceYes
2020-01-01Plan benefit arrangement - TrustYes
2019: NORTHEASTERN WELLNESS SOLUTIONS RETIREMENT PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedYes
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: NORTHEASTERN WELLNESS SOLUTIONS RETIREMENT PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
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 – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: NORTHEASTERN WELLNESS SOLUTIONS RETIREMENT PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: NORTHEASTERN WELLNESS SOLUTIONS RETIREMENT PLAN 2016 form 5500 responses
2016-01-25Type of plan entitySingle employer plan
2016-01-25First time form 5500 has been submittedYes
2016-01-25Submission has been amendedNo
2016-01-25This submission is the final filingNo
2016-01-25This return/report is a short plan year return/report (less than 12 months)Yes
2016-01-25Plan is a collectively bargained planNo
2016-01-25Plan funding arrangement – TrustYes
2016-01-25Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number135571
Policy instance 1
Insurance contract or identification number135571
Number of Individuals Covered3
Total amount of commissions paid to insurance brokerUSD $150
Total amount of fees paid to insurance companyUSD $16
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Insurance broker organization code?5
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number135571
Policy instance 1
Insurance contract or identification number135571
Number of Individuals Covered5
Total amount of fees paid to insurance companyUSD $13
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Amount paid for insurance broker fees13
Additional information about fees paid to insurance brokerTPA COMPENSATION
Insurance broker organization code?5
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number135571
Policy instance 1
Insurance contract or identification number135571
Number of Individuals Covered5
Total amount of fees paid to insurance companyUSD $6
Amount paid for insurance broker fees6
Additional information about fees paid to insurance brokerTPA COMPENSATION
Insurance broker organization code?5

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