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WOOD MODE, LLC HEALTH 401k Plan overview

Plan NameWOOD MODE, LLC HEALTH
Plan identification number 501

WOOD MODE, LLC HEALTH Benefits

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

401k Sponsoring company profile

WOOD MODE, LLC has sponsored the creation of one or more 401k plans.

Company Name:WOOD MODE, LLC
Employer identification number (EIN):842232763
NAIC Classification:337000

Form 5500 Filing Information

Submission information for form 5500 for 401k plan WOOD MODE, LLC HEALTH

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
5012022-01-01NICHOLAS YODER2023-06-15
5012021-01-01NICHOLAS YODER2022-04-05
5012020-01-01NICHOLAS YODER2021-06-17

Plan Statistics for WOOD MODE, LLC HEALTH

401k plan membership statisitcs for WOOD MODE, LLC HEALTH

Measure Date Value
2022: WOOD MODE, LLC HEALTH 2022 401k membership
Total participants, beginning-of-year2022-01-01384
Total number of active participants reported on line 7a of the Form 55002022-01-01402
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 participants2022-01-01402
Number of employers contributing to the scheme2022-01-010
2021: WOOD MODE, LLC HEALTH 2021 401k membership
Total participants, beginning-of-year2021-01-01371
Total number of active participants reported on line 7a of the Form 55002021-01-01384
Number of retired or separated participants receiving benefits2021-01-010
Number of other retired or separated participants entitled to future benefits2021-01-010
Total of all active and inactive participants2021-01-01384
Number of employers contributing to the scheme2021-01-010
2020: WOOD MODE, LLC HEALTH 2020 401k membership
Total participants, beginning-of-year2020-01-01216
Total number of active participants reported on line 7a of the Form 55002020-01-01371
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-010
Total of all active and inactive participants2020-01-01371
Number of employers contributing to the scheme2020-01-011

Form 5500 Responses for WOOD MODE, LLC HEALTH

2022: WOOD MODE, LLC HEALTH 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
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
2021: WOOD MODE, LLC HEALTH 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Plan funding arrangement – InsuranceYes
2021-01-01Plan funding arrangement – General assets of the sponsorYes
2021-01-01Plan benefit arrangement – InsuranceYes
2021-01-01Plan benefit arrangement – General assets of the sponsorYes
2020: WOOD MODE, LLC HEALTH 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01First time form 5500 has been submittedYes
2020-01-01Plan funding arrangement – InsuranceYes
2020-01-01Plan funding arrangement – General assets of the sponsorYes
2020-01-01Plan benefit arrangement – InsuranceYes
2020-01-01Plan benefit arrangement – General assets of the sponsorYes

Insurance Providers Used on plan

GEISINGER QUALITY OPTIONS, INC (National Association of Insurance Commissioners NAIC id number: 95923 )
Policy contract number10118273
Policy instance 1
Insurance contract or identification number10118273
Number of Individuals Covered695
Insurance policy start date2022-01-01
Insurance policy end date2022-12-31
Total amount of commissions paid to insurance brokerUSD $108,559
Total amount of fees paid to insurance companyUSD $1,402
Health Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $3,485,540
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?Yes
Commission paid to Insurance BrokerUSD $108,559
Amount paid for insurance broker fees1402
Additional information about fees paid to insurance brokerBROKER FEE, ADMIN FEE
Insurance broker organization code?3
GEISINGER QUALITY OPTIONS, INC. (National Association of Insurance Commissioners NAIC id number: 12743 )
Policy contract number10118273
Policy instance 2
Insurance contract or identification number10118273
Number of Individuals Covered1
Insurance policy start date2022-02-01
Insurance policy end date2022-12-31
Total amount of commissions paid to insurance brokerUSD $111
Total amount of fees paid to insurance companyUSD $114
Health Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $5,574
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?Yes
Commission paid to Insurance BrokerUSD $111
Amount paid for insurance broker fees114
Additional information about fees paid to insurance brokerADMIN FEE
Insurance broker organization code?3
GEISINGER QUALITY OPTIONS, INC (National Association of Insurance Commissioners NAIC id number: 95923 )
Policy contract number10118273
Policy instance 1
Insurance contract or identification number10118273
Number of Individuals Covered665
Insurance policy start date2021-01-01
Insurance policy end date2021-12-31
Total amount of commissions paid to insurance brokerUSD $67,421
Total amount of fees paid to insurance companyUSD $58,221
Health Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $2,910,238
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $67,421
Amount paid for insurance broker fees58221
Additional information about fees paid to insurance brokerBROKER FEE AND ADMINISTRATIVE
Insurance broker organization code?3
GEISINGER QUALITY OPTIONS, INC (National Association of Insurance Commissioners NAIC id number: 95923 )
Policy contract number10118273
Policy instance 1
Insurance contract or identification number10118273
Number of Individuals Covered555
Insurance policy start date2020-01-01
Insurance policy end date2020-12-31
Total amount of commissions paid to insurance brokerUSD $39,601
Total amount of fees paid to insurance companyUSD $0
Health Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $1,980,072
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $39,601
Amount paid for insurance broker fees0
Insurance broker organization code?3

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