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GENESIS MEDICAL GROUP LIFE AND AD&D PLAN 401k Plan overview

Plan NameGENESIS MEDICAL GROUP LIFE AND AD&D PLAN
Plan identification number 504

GENESIS MEDICAL GROUP LIFE AND AD&D PLAN Benefits

401k Plan TypeWelfare Benefit
Plan Features/Benefits
  • Life insurance
  • Other welfare benefit cover

401k Sponsoring company profile

GENESIS MEDICAL GROUP has sponsored the creation of one or more 401k plans.

Company Name:GENESIS MEDICAL GROUP
Employer identification number (EIN):814211994
NAIC Classification:621111
NAIC Description:Offices of Physicians (except Mental Health Specialists)

Form 5500 Filing Information

Submission information for form 5500 for 401k plan GENESIS MEDICAL GROUP LIFE AND AD&D PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
5042022-01-01
5042021-04-01

Plan Statistics for GENESIS MEDICAL GROUP LIFE AND AD&D PLAN

401k plan membership statisitcs for GENESIS MEDICAL GROUP LIFE AND AD&D PLAN

Measure Date Value
2022: GENESIS MEDICAL GROUP LIFE AND AD&D PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-01248
Total number of active participants reported on line 7a of the Form 55002022-01-01259
Number of retired or separated participants receiving benefits2022-01-010
Number of other retired or separated participants entitled to future benefits2022-01-010
Total of all active and inactive participants2022-01-01259
2021: GENESIS MEDICAL GROUP LIFE AND AD&D PLAN 2021 401k membership
Total participants, beginning-of-year2021-04-01244
Total number of active participants reported on line 7a of the Form 55002021-04-01248
Number of retired or separated participants receiving benefits2021-04-010
Number of other retired or separated participants entitled to future benefits2021-04-010
Total of all active and inactive participants2021-04-01248

Form 5500 Responses for GENESIS MEDICAL GROUP LIFE AND AD&D PLAN

2022: GENESIS MEDICAL GROUP LIFE AND AD&D PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Plan funding arrangement – InsuranceYes
2022-01-01Plan benefit arrangement – InsuranceYes
2021: GENESIS MEDICAL GROUP LIFE AND AD&D PLAN 2021 form 5500 responses
2021-04-01Type of plan entitySingle employer plan
2021-04-01First time form 5500 has been submittedYes
2021-04-01This return/report is a short plan year return/report (less than 12 months)Yes
2021-04-01Plan funding arrangement – InsuranceYes
2021-04-01Plan 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 number00585721
Policy instance 1
Insurance contract or identification number00585721
Number of Individuals Covered259
Insurance policy start date2022-01-01
Insurance policy end date2022-12-31
Total amount of commissions paid to insurance brokerUSD $12,879
Total amount of fees paid to insurance companyUSD $8,883
Life Insurance Welfare BenefitYes
Other welfare benefits providedAD&D
Welfare Benefit Premiums Paid to CarrierUSD $93,718
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $8,801
Amount paid for insurance broker fees8883
Additional information about fees paid to insurance brokerFEES
Insurance broker organization code?3
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA (National Association of Insurance Commissioners NAIC id number: 64246 )
Policy contract number00585721
Policy instance 1
Insurance contract or identification number00585721
Number of Individuals Covered248
Insurance policy start date2021-04-01
Insurance policy end date2021-12-31
Total amount of commissions paid to insurance brokerUSD $229
Life Insurance Welfare BenefitYes
Other welfare benefits providedAD&D
Welfare Benefit Premiums Paid to CarrierUSD $2,286
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $229
Insurance broker organization code?3

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