CIGNA CORPORATION has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan CIGNA ENTERPRISE SEVERANCE PAY PLAN
| Measure | Date | Value |
|---|
| 2022: CIGNA ENTERPRISE SEVERANCE PAY PLAN 2022 401k membership |
|---|
| Total participants, beginning-of-year | 2022-01-01 | 70,263 |
| Total number of active participants reported on line 7a of the Form 5500 | 2022-01-01 | 67,111 |
| Number of retired or separated participants receiving benefits | 2022-01-01 | 4,892 |
| Number of other retired or separated participants entitled to future benefits | 2022-01-01 | 0 |
| Total of all active and inactive participants | 2022-01-01 | 72,003 |
| 2021: CIGNA ENTERPRISE SEVERANCE PAY PLAN 2021 401k membership |
|---|
| Total participants, beginning-of-year | 2021-01-01 | 68,013 |
| Total number of active participants reported on line 7a of the Form 5500 | 2021-01-01 | 67,145 |
| Number of retired or separated participants receiving benefits | 2021-01-01 | 1,807 |
| Number of other retired or separated participants entitled to future benefits | 2021-01-01 | 0 |
| Total of all active and inactive participants | 2021-01-01 | 68,952 |
| 2020: CIGNA ENTERPRISE SEVERANCE PAY PLAN 2020 401k membership |
|---|
| Total participants, beginning-of-year | 2020-12-21 | 66,922 |
| Total number of active participants reported on line 7a of the Form 5500 | 2020-12-21 | 66,922 |
| Number of retired or separated participants receiving benefits | 2020-12-21 | 1,091 |
| Number of other retired or separated participants entitled to future benefits | 2020-12-21 | 0 |
| Total of all active and inactive participants | 2020-12-21 | 68,013 |
| Measure | Date | Value |
|---|
| 2022 : CIGNA ENTERPRISE SEVERANCE PAY PLAN 2022 401k financial data |
|---|
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $1,367,120 |
| Total income from all sources (including contributions) | 2022-12-31 | $45,748,095 |
| Total of all expenses incurred | 2022-12-31 | $45,510,741 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $45,510,741 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $45,519,032 |
| Value of total assets at end of year | 2022-12-31 | $16,350,984 |
| Value of total assets at beginning of year | 2022-12-31 | $17,480,750 |
| Total interest from all sources | 2022-12-31 | $229,063 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
| Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
| Value of fidelity bond cover | 2022-12-31 | $15,000,000 |
| Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
| Contributions received from participants | 2022-12-31 | $27,789,646 |
| Participant contributions at end of year | 2022-12-31 | $0 |
| Participant contributions at beginning of year | 2022-12-31 | $1,715,837 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2022-12-31 | $49,765 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2022-12-31 | $315 |
| Liabilities. Value of operating payables at beginning of year | 2022-12-31 | $1,367,120 |
| Total non interest bearing cash at end of year | 2022-12-31 | $356,963 |
| Total non interest bearing cash at beginning of year | 2022-12-31 | $246,028 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
| Value of net income/loss | 2022-12-31 | $237,354 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $16,350,984 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $16,113,630 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-12-31 | No |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2022-12-31 | $15,944,256 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2022-12-31 | $14,151,457 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2022-12-31 | $14,151,457 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2022-12-31 | $229,063 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2022-12-31 | $0 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2022-12-31 | $0 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2022-12-31 | $32,710,167 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2022-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-12-31 | No |
| Contributions received in cash from employer | 2022-12-31 | $17,729,386 |
| Employer contributions (assets) at end of year | 2022-12-31 | $0 |
| Employer contributions (assets) at beginning of year | 2022-12-31 | $1,367,113 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $12,800,574 |
| Did the plan have assets held for investment | 2022-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
| Accountancy firm name | 2022-12-31 | FORVIS, LLP |
| Accountancy firm EIN | 2022-12-31 | 440160260 |
| 2022: CIGNA ENTERPRISE SEVERANCE PAY PLAN 2022 form 5500 responses |
|---|
| 2022-01-01 | Type of plan entity | Single employer plan |
| 2022-01-01 | Submission has been amended | No |
| 2022-01-01 | This submission is the final filing | No |
| 2022-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
| 2022-01-01 | Plan is a collectively bargained plan | No |
| 2022-01-01 | Plan funding arrangement – Insurance | Yes |
| 2022-01-01 | Plan funding arrangement – Trust | Yes |
| 2022-01-01 | Plan benefit arrangement – Insurance | Yes |
| 2022-01-01 | Plan benefit arrangement - Trust | Yes |
| 2021: CIGNA ENTERPRISE SEVERANCE PAY PLAN 2021 form 5500 responses |
|---|
| 2021-01-01 | Type of plan entity | Single employer plan |
| 2021-01-01 | Submission has been amended | No |
| 2021-01-01 | This submission is the final filing | No |
| 2021-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
| 2021-01-01 | Plan is a collectively bargained plan | No |
| 2021-01-01 | Plan funding arrangement – General assets of the sponsor | Yes |
| 2021-01-01 | Plan benefit arrangement – General assets of the sponsor | Yes |
| 2020: CIGNA ENTERPRISE SEVERANCE PAY PLAN 2020 form 5500 responses |
|---|
| 2020-12-21 | Type of plan entity | Single employer plan |
| 2020-12-21 | First time form 5500 has been submitted | Yes |
| 2020-12-21 | Submission has been amended | No |
| 2020-12-21 | This submission is the final filing | No |
| 2020-12-21 | This return/report is a short plan year return/report (less than 12 months) | Yes |
| 2020-12-21 | Plan is a collectively bargained plan | No |
| 2020-12-21 | Plan funding arrangement – General assets of the sponsor | Yes |
| 2020-12-21 | Plan benefit arrangement – General assets of the sponsor | Yes |
| LIFE INSURANCE COMPANY OF NORTH AMERICA (National Association of Insurance Commissioners NAIC id number: 65498 ) |
| Policy contract number | FL151 |
| Policy instance | 1 |
| Insurance contract or identification number | FL151 | | Number of Individuals Covered | 72003 | | Insurance policy start date | 2022-01-01 | | Insurance policy end date | 2022-12-31 | | Total amount of commissions paid to insurance broker | USD $0 | | Total amount of fees paid to insurance company | USD $0 | | Life Insurance Welfare Benefit | Yes | | Were dividends or retroactive rate refunds paid as a credit? | Yes | | Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500? | No |
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| LIFE INSURANCE COMPANY OF NORTH AMERICA (National Association of Insurance Commissioners NAIC id number: 65498 ) |
| Policy contract number | NYD074362 |
| Policy instance | 2 |
| Insurance contract or identification number | NYD074362 | | Number of Individuals Covered | 4350 | | Insurance policy start date | 2022-01-01 | | Insurance policy end date | 2022-12-31 | | Total amount of commissions paid to insurance broker | USD $0 | | Total amount of fees paid to insurance company | USD $0 | | Temporary Disability Insurance Welfare Benefit | Yes | | Welfare Benefit Premiums Paid to Carrier | USD $2,215,638 | | Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500? | No |
|
| LIFE INSURANCE COMPANY OF NORTH AMERICA (National Association of Insurance Commissioners NAIC id number: 65498 ) |
| Policy contract number | FLI051235 |
| Policy instance | 3 |
| Insurance contract or identification number | FLI051235 | | Number of Individuals Covered | 50971 | | Insurance policy start date | 2022-01-01 | | Insurance policy end date | 2022-12-31 | | Total amount of commissions paid to insurance broker | USD $0 | | Total amount of fees paid to insurance company | USD $0 | | Life Insurance Welfare Benefit | Yes | | Other welfare benefits provided | AD&D | | Welfare Benefit Premiums Paid to Carrier | USD $14,836,185 | | Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500? | No |
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| LIFE INSURANCE COMPANY OF NORTH AMERICA (National Association of Insurance Commissioners NAIC id number: 65498 ) |
| Policy contract number | ABL-962618 |
| Policy instance | 4 |
| Insurance contract or identification number | ABL-962618 | | Number of Individuals Covered | 65683 | | Insurance policy start date | 2022-01-01 | | Insurance policy end date | 2022-12-31 | | Total amount of commissions paid to insurance broker | USD $0 | | Total amount of fees paid to insurance company | USD $0 | | Other welfare benefits provided | BUSINESS TRAVEL & ACCIDENT INSURANCE | | Welfare Benefit Premiums Paid to Carrier | USD $537,127 | | Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500? | No |
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