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AVESIS HEALTH AND WELFARE PLAN 401k Plan overview

Plan NameAVESIS HEALTH AND WELFARE PLAN
Plan identification number 502

AVESIS HEALTH AND WELFARE 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)
  • Other welfare benefit cover

401k Sponsoring company profile

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

Company Name:ABSOLUTECARE, LLC
Employer identification number (EIN):860349350
NAIC Classification:541990
NAIC Description:All Other Professional, Scientific, and Technical Services

Additional information about ABSOLUTECARE, LLC

Jurisdiction of Incorporation: Colorado Department of State
Incorporation Date: 2014-04-24
Company Identification Number: 20141263236
Legal Registered Office Address: 1918 Lakewood Drive

Loveland
United States of America (USA)
80538

More information about ABSOLUTECARE, LLC

Form 5500 Filing Information

Submission information for form 5500 for 401k plan AVESIS HEALTH AND WELFARE PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
5022022-01-01JARRED HALL2023-07-26

Plan Statistics for AVESIS HEALTH AND WELFARE PLAN

401k plan membership statisitcs for AVESIS HEALTH AND WELFARE PLAN

Measure Date Value
2022: AVESIS HEALTH AND WELFARE PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-01525
Total number of active participants reported on line 7a of the Form 55002022-01-01538
Number of retired or separated participants receiving benefits2022-01-017
Number of other retired or separated participants entitled to future benefits2022-01-010
Total of all active and inactive participants2022-01-01545
Number of employers contributing to the scheme2022-01-010

Form 5500 Responses for AVESIS HEALTH AND WELFARE PLAN

2022: AVESIS HEALTH AND WELFARE 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

AETNA LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 60054 )
Policy contract number175831
Policy instance 1
Insurance contract or identification number175831
Number of Individuals Covered887
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 $10,000
Health Insurance Welfare BenefitYes
Welfare Benefit Premiums Paid to CarrierUSD $4,990,022
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 fees10000
Additional information about fees paid to insurance broker2022 Q1 GROW WITH US NEW BUSINESS INCENTIVE RISK
Insurance broker organization code?3
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA (National Association of Insurance Commissioners NAIC id number: 64246 )
Policy contract number25064
Policy instance 2
Insurance contract or identification number25064
Number of Individuals Covered560
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 $2,340
Life Insurance Welfare BenefitYes
Long Term Disability Insurance Welfare BenefitYes
Other welfare benefits providedACCIDENTAL DEATH AND DISMEMBERMENT, EMPLOYEE ASSISTANCE PROGRAM, BUSINESS TRAVEL ACCIDENT
Welfare Benefit Premiums Paid to CarrierUSD $441,258
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?Yes
Commission paid to Insurance BrokerUSD $0
Amount paid for insurance broker fees2340
Additional information about fees paid to insurance brokerFEES
Insurance broker organization code?3

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