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SOLUTIONHEALTH EMPLOYEE BENEFIT PLAN 401k Plan overview

Plan NameSOLUTIONHEALTH EMPLOYEE BENEFIT PLAN
Plan identification number 510

SOLUTIONHEALTH EMPLOYEE BENEFIT PLAN Benefits

401k Plan TypeWelfare Benefit
Plan Features/Benefits
  • Health (other than dental or vision)
  • Life insurance
  • Dental
  • Vision
  • Temporary disability (accident and sickness)
  • Long-term disability cover
  • Death benefits (include travel accident but not life insurance)

401k Sponsoring company profile

Solutionhealth has sponsored the creation of one or more 401k plans.

Company Name:Solutionhealth
Employer identification number (EIN):830741190
NAIC Classification:622000
NAIC Description: Hospitals

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SOLUTIONHEALTH EMPLOYEE BENEFIT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
5102022-01-01JESSICA CONNARE2023-05-31

Plan Statistics for SOLUTIONHEALTH EMPLOYEE BENEFIT PLAN

401k plan membership statisitcs for SOLUTIONHEALTH EMPLOYEE BENEFIT PLAN

Measure Date Value
2022: SOLUTIONHEALTH EMPLOYEE BENEFIT PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-013,093
Total number of active participants reported on line 7a of the Form 55002022-01-013,478
Number of retired or separated participants receiving benefits2022-01-0140
Number of other retired or separated participants entitled to future benefits2022-01-0147
Total of all active and inactive participants2022-01-013,565
Number of employers contributing to the scheme2022-01-010

Form 5500 Responses for SOLUTIONHEALTH EMPLOYEE BENEFIT PLAN

2022: SOLUTIONHEALTH EMPLOYEE BENEFIT PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01First time form 5500 has been submittedYes
2022-01-01Plan funding arrangement – InsuranceYes
2022-01-01Plan funding arrangement – General assets of the sponsorYes
2022-01-01Plan benefit arrangement – InsuranceYes
2022-01-01Plan benefit arrangement – General assets of the sponsorYes

Insurance Providers Used on plan

VISION SERVICE PLAN (National Association of Insurance Commissioners NAIC id number: 39616 )
Policy contract number30025875
Policy instance 1
Insurance contract or identification number30025875
Number of Individuals Covered2362
Insurance policy start date2022-01-01
Insurance policy end date2022-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Vision Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $551,334
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 numberFLK960679
Policy instance 2
Insurance contract or identification numberFLK960679
Number of Individuals Covered3478
Insurance policy start date2022-01-01
Insurance policy end date2022-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $71,712
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitYes
Temporary Disability Insurance Welfare BenefitYes
Long Term Disability Insurance Welfare BenefitYes
Unemployment Insurance Welfare BenefitNo
Other welfare benefits providedACCIDENTAL DEATH AND DISMEMBERMENT
Welfare Benefit Premiums Paid to CarrierUSD $5,430,888
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $0
Amount paid for insurance broker fees71712
Additional information about fees paid to insurance brokerOVERRIDE
Insurance broker organization code?3

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