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ALLIED POWER MANAGEMENT HEALTH & WELFARE PLAN 401k Plan overview

Plan NameALLIED POWER MANAGEMENT HEALTH & WELFARE PLAN
Plan identification number 501

ALLIED POWER MANAGEMENT HEALTH & WELFARE PLAN Benefits

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

401k Sponsoring company profile

ALLIED POWER MANAGEMENT, LLC has sponsored the creation of one or more 401k plans.

Company Name:ALLIED POWER MANAGEMENT, LLC
Employer identification number (EIN):821681298
NAIC Classification:238210
NAIC Description:Electrical Contractors and Other Wiring Installation Contractors

Form 5500 Filing Information

Submission information for form 5500 for 401k plan ALLIED POWER MANAGEMENT HEALTH & WELFARE PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
5012022-07-01TARA DURHAM2023-10-30
5012021-07-01TARA DURHAM2022-10-13
5012020-07-01TARA DURHAM2021-12-03
5012019-07-01TARA DURHAM2020-09-30
5012018-07-01TARA DURHAM2019-12-18

Plan Statistics for ALLIED POWER MANAGEMENT HEALTH & WELFARE PLAN

401k plan membership statisitcs for ALLIED POWER MANAGEMENT HEALTH & WELFARE PLAN

Measure Date Value
2022: ALLIED POWER MANAGEMENT HEALTH & WELFARE PLAN 2022 401k membership
Total participants, beginning-of-year2022-07-01193
Total number of active participants reported on line 7a of the Form 55002022-07-01161
Number of retired or separated participants receiving benefits2022-07-010
Number of other retired or separated participants entitled to future benefits2022-07-010
Total of all active and inactive participants2022-07-01161
Number of employers contributing to the scheme2022-07-010
2021: ALLIED POWER MANAGEMENT HEALTH & WELFARE PLAN 2021 401k membership
Total participants, beginning-of-year2021-07-01163
Total number of active participants reported on line 7a of the Form 55002021-07-01193
Number of retired or separated participants receiving benefits2021-07-010
Number of other retired or separated participants entitled to future benefits2021-07-010
Total of all active and inactive participants2021-07-01193
Number of employers contributing to the scheme2021-07-010
2020: ALLIED POWER MANAGEMENT HEALTH & WELFARE PLAN 2020 401k membership
Total participants, beginning-of-year2020-07-01176
Total number of active participants reported on line 7a of the Form 55002020-07-01163
Number of retired or separated participants receiving benefits2020-07-010
Number of other retired or separated participants entitled to future benefits2020-07-010
Total of all active and inactive participants2020-07-01163
Number of employers contributing to the scheme2020-07-010
2019: ALLIED POWER MANAGEMENT HEALTH & WELFARE PLAN 2019 401k membership
Total participants, beginning-of-year2019-07-01186
Total number of active participants reported on line 7a of the Form 55002019-07-01176
Number of retired or separated participants receiving benefits2019-07-010
Number of other retired or separated participants entitled to future benefits2019-07-010
Total of all active and inactive participants2019-07-01176
Number of employers contributing to the scheme2019-07-010
2018: ALLIED POWER MANAGEMENT HEALTH & WELFARE PLAN 2018 401k membership
Total participants, beginning-of-year2018-07-01100
Total number of active participants reported on line 7a of the Form 55002018-07-01182
Number of retired or separated participants receiving benefits2018-07-010
Number of other retired or separated participants entitled to future benefits2018-07-010
Total of all active and inactive participants2018-07-01182
Number of employers contributing to the scheme2018-07-010

Form 5500 Responses for ALLIED POWER MANAGEMENT HEALTH & WELFARE PLAN

2022: ALLIED POWER MANAGEMENT HEALTH & WELFARE PLAN 2022 form 5500 responses
2022-07-01Type of plan entitySingle employer plan
2022-07-01Plan funding arrangement – InsuranceYes
2022-07-01Plan benefit arrangement – InsuranceYes
2021: ALLIED POWER MANAGEMENT HEALTH & WELFARE PLAN 2021 form 5500 responses
2021-07-01Type of plan entitySingle employer plan
2021-07-01Plan funding arrangement – InsuranceYes
2021-07-01Plan benefit arrangement – InsuranceYes
2020: ALLIED POWER MANAGEMENT HEALTH & WELFARE PLAN 2020 form 5500 responses
2020-07-01Type of plan entitySingle employer plan
2020-07-01Plan funding arrangement – InsuranceYes
2020-07-01Plan benefit arrangement – InsuranceYes
2019: ALLIED POWER MANAGEMENT HEALTH & WELFARE PLAN 2019 form 5500 responses
2019-07-01Type of plan entitySingle employer plan
2019-07-01Plan funding arrangement – InsuranceYes
2019-07-01Plan benefit arrangement – InsuranceYes
2018: ALLIED POWER MANAGEMENT HEALTH & WELFARE PLAN 2018 form 5500 responses
2018-07-01Type of plan entitySingle employer plan
2018-07-01First time form 5500 has been submittedYes
2018-07-01Plan funding arrangement – InsuranceYes
2018-07-01Plan benefit arrangement – InsuranceYes

Insurance Providers Used on plan

BLUE CROSS BLUE SHIELD OF LOUISIANA (National Association of Insurance Commissioners NAIC id number: 81200 )
Policy contract number31K07ERC
Policy instance 1
Insurance contract or identification number31K07ERC
Number of Individuals Covered199
Insurance policy start date2022-07-01
Insurance policy end date2023-06-30
Total amount of commissions paid to insurance brokerUSD $95,432
Total amount of fees paid to insurance companyUSD $56,264
Health Insurance Welfare BenefitYes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?Yes
Commission paid to Insurance BrokerUSD $47,910
Amount paid for insurance broker fees56264
Additional information about fees paid to insurance brokerINDIRECT COMPENSATION
Insurance broker organization code?3
BLUE CROSS BLUE SHIELD OF LOUISIANA (National Association of Insurance Commissioners NAIC id number: 81200 )
Policy contract number31K07ERC
Policy instance 1
Insurance contract or identification number31K07ERC
Number of Individuals Covered350
Insurance policy start date2021-07-01
Insurance policy end date2022-06-30
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $150,847
Health Insurance Welfare BenefitYes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?Yes
Amount paid for insurance broker fees150847
Additional information about fees paid to insurance brokerDIRECT AND INDIRECT COMPENSATION
Insurance broker organization code?3
BLUE CROSS BLUE SHIELD OF LOUISIANA (National Association of Insurance Commissioners NAIC id number: 81200 )
Policy contract number31K07ERC
Policy instance 1
Insurance contract or identification number31K07ERC
Number of Individuals Covered387
Insurance policy start date2020-07-01
Insurance policy end date2021-06-30
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $151,517
Health Insurance Welfare BenefitYes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?Yes
Amount paid for insurance broker fees151517
Additional information about fees paid to insurance brokerDIRECT AND INDIRECT COMPENSATION
Insurance broker organization code?3
BLUE CROSS BLUE SHIELD OF LOUISIANA (National Association of Insurance Commissioners NAIC id number: 81200 )
Policy contract number31K07ERC
Policy instance 1
Insurance contract or identification number31K07ERC
Number of Individuals Covered398
Insurance policy start date2019-07-01
Insurance policy end date2020-06-30
Total amount of commissions paid to insurance brokerUSD $44,405
Total amount of fees paid to insurance companyUSD $0
Health Insurance Welfare BenefitYes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?Yes
Commission paid to Insurance BrokerUSD $44,405
Amount paid for insurance broker fees0
Insurance broker organization code?3
BLUE CROSS BLUE SHIELD OF LOUISIANA (National Association of Insurance Commissioners NAIC id number: 81200 )
Policy contract number31K07ERC
Policy instance 1
Insurance contract or identification number31K07ERC
Number of Individuals Covered389
Insurance policy start date2018-07-01
Insurance policy end date2019-06-30
Total amount of commissions paid to insurance brokerUSD $75,532
Total amount of fees paid to insurance companyUSD $45,162
Health Insurance Welfare BenefitYes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?Yes
Commission paid to Insurance BrokerUSD $75,532
Amount paid for insurance broker fees45162
Additional information about fees paid to insurance brokerINDIRECT COMPENSATION
Insurance broker organization code?3

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