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NOVALIS US, LLC WELFARE BENEFITS PLAN 401k Plan overview

Plan NameNOVALIS US, LLC WELFARE BENEFITS PLAN
Plan identification number 502

NOVALIS US, LLC WELFARE BENEFITS 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

401k Sponsoring company profile

NOVALIS US LLC has sponsored the creation of one or more 401k plans.

Company Name:NOVALIS US LLC
Employer identification number (EIN):831710316
NAIC Classification:493100

Form 5500 Filing Information

Submission information for form 5500 for 401k plan NOVALIS US, LLC WELFARE BENEFITS PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
5022022-01-01

Plan Statistics for NOVALIS US, LLC WELFARE BENEFITS PLAN

401k plan membership statisitcs for NOVALIS US, LLC WELFARE BENEFITS PLAN

Measure Date Value
2022: NOVALIS US, LLC WELFARE BENEFITS PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-010
Total number of active participants reported on line 7a of the Form 55002022-01-01308
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 participants2022-01-01308

Financial Data on NOVALIS US, LLC WELFARE BENEFITS PLAN

Measure Date Value
2022 : NOVALIS US, LLC WELFARE BENEFITS PLAN 2022 401k financial data
Total income from all sources2022-12-31$0
Total plan assets at end of year2022-12-31$0
Total plan assets at beginning of year2022-12-31$0
Net plan assets at end of year (total assets less liabilities)2022-12-31$0
Net plan assets at beginning of year (total assets less liabilities)2022-12-31$0

Form 5500 Responses for NOVALIS US, LLC WELFARE BENEFITS PLAN

2022: NOVALIS US, LLC WELFARE BENEFITS 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 – 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

THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA (National Association of Insurance Commissioners NAIC id number: 64246 )
Policy contract number00576036
Policy instance 1
Insurance contract or identification number00576036
Number of Individuals Covered147
Insurance policy start date2022-01-01
Insurance policy end date2022-12-31
Total amount of commissions paid to insurance brokerUSD $38,866
Total amount of fees paid to insurance companyUSD $7,026
Dental Insurance Welfare BenefitYes
Vision Insurance Welfare BenefitYes
Life Insurance Welfare BenefitYes
Temporary Disability Insurance Welfare BenefitYes
Long Term Disability Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $300,699
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $38,866
Amount paid for insurance broker fees7026
Insurance broker organization code?3
BLUE CROSS BLUE SHIELD OF GEORGIA INC. (G0386) (National Association of Insurance Commissioners NAIC id number: 96962 )
Policy contract numberL00652
Policy instance 2
Insurance contract or identification numberL00652
Number of Individuals Covered308
Insurance policy start date2022-01-01
Insurance policy end date2022-12-31
Total amount of commissions paid to insurance brokerUSD $77,805
Health Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $2,475,947
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $77,805
Insurance broker organization code?3

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