ROY FARMS, SPC has sponsored the creation of one or more 401k plans.
| Measure | Date | Value |
|---|
| 2022: ROY FARMS INC 2022 401k membership |
|---|
| Total participants, beginning-of-year | 2022-04-01 | 291 |
| Total number of active participants reported on line 7a of the Form 5500 | 2022-04-01 | 195 |
| Number of retired or separated participants receiving benefits | 2022-04-01 | 0 |
| Number of other retired or separated participants entitled to future benefits | 2022-04-01 | 0 |
| Total of all active and inactive participants | 2022-04-01 | 195 |
| Number of employers contributing to the scheme | 2022-04-01 | 0 |
| 2021: ROY FARMS INC 2021 401k membership |
|---|
| Total participants, beginning-of-year | 2021-04-01 | 338 |
| Total number of active participants reported on line 7a of the Form 5500 | 2021-04-01 | 289 |
| Number of retired or separated participants receiving benefits | 2021-04-01 | 2 |
| Number of other retired or separated participants entitled to future benefits | 2021-04-01 | 0 |
| Total of all active and inactive participants | 2021-04-01 | 291 |
| Number of employers contributing to the scheme | 2021-04-01 | 0 |
| 2020: ROY FARMS INC 2020 401k membership |
|---|
| Total participants, beginning-of-year | 2020-04-01 | 398 |
| Total number of active participants reported on line 7a of the Form 5500 | 2020-04-01 | 504 |
| Total of all active and inactive participants | 2020-04-01 | 504 |
| Total participants | 2020-04-01 | 504 |
| REGENCE BLUESHIELD (National Association of Insurance Commissioners NAIC id number: 53902 ) |
| Policy contract number | 10038691 |
| Policy instance | 1 |
| Insurance contract or identification number | 10038691 | | Number of Individuals Covered | 288 | | Insurance policy start date | 2022-04-01 | | Insurance policy end date | 2023-03-31 | | Total amount of commissions paid to insurance broker | USD $141,014 | | Total amount of fees paid to insurance company | USD $605 | | Health Insurance Welfare Benefit | Yes | | Welfare Benefit Premiums Paid to Carrier | USD $2,194,250 | | Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500? | Yes | | Commission paid to Insurance Broker | USD $140,946 | | Amount paid for insurance broker fees | 443 | | Additional information about fees paid to insurance broker | NON-MONETARY COMPENSATION | | Insurance broker organization code? | 3 |
|
| LIFEMAP ASSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 97985 ) |
| Policy contract number | GRP00006633 |
| Policy instance | 2 |
| Insurance contract or identification number | GRP00006633 | | Number of Individuals Covered | 272 | | Insurance policy start date | 2022-04-01 | | Insurance policy end date | 2023-03-31 | | Total amount of commissions paid to insurance broker | USD $21,368 | | Total amount of fees paid to insurance company | USD $0 | | Dental Insurance Welfare Benefit | Yes | | Vision Insurance Welfare Benefit | Yes | | Life Insurance Welfare Benefit | Yes | | Other welfare benefits provided | ACCIDENTAL DEATH AND DISMEMBERMENT | | Welfare Benefit Premiums Paid to Carrier | USD $251,499 | | Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500? | No | | Commission paid to Insurance Broker | USD $19,950 | | Amount paid for insurance broker fees | 0 | | Insurance broker organization code? | 3 |
|
| REGENCE BLUESHIELD (National Association of Insurance Commissioners NAIC id number: 53902 ) |
| Policy contract number | 10038691 |
| Policy instance | 1 |
| Insurance contract or identification number | 10038691 | | Number of Individuals Covered | 286 | | Insurance policy start date | 2021-04-01 | | Insurance policy end date | 2022-03-31 | | Total amount of commissions paid to insurance broker | USD $106,327 | | Total amount of fees paid to insurance company | USD $5,131 | | Health Insurance Welfare Benefit | Yes | | Welfare Benefit Premiums Paid to Carrier | USD $2,113,851 | | Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500? | No | | Commission paid to Insurance Broker | USD $90,636 | | Amount paid for insurance broker fees | 4600 | | Additional information about fees paid to insurance broker | BONUS | | Insurance broker organization code? | 3 |
|
| PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 ) |
| Policy contract number | 1032856 |
| Policy instance | 2 |
| Insurance contract or identification number | 1032856 | | Number of Individuals Covered | 474 | | Insurance policy start date | 2021-04-01 | | Insurance policy end date | 2022-03-31 | | Total amount of commissions paid to insurance broker | USD $16,063 | | Total amount of fees paid to insurance company | USD $0 | | Dental Insurance Welfare Benefit | Yes | | Vision Insurance Welfare Benefit | Yes | | Life Insurance Welfare Benefit | Yes | | Other welfare benefits provided | ACCIDENTAL DEATH AND DISMEMBERMENT | | Welfare Benefit Premiums Paid to Carrier | USD $317,208 | | Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500? | No | | Commission paid to Insurance Broker | USD $10,790 | | Amount paid for insurance broker fees | 0 | | Insurance broker organization code? | 3 |
|
| REGENCE BLUESHIELD (National Association of Insurance Commissioners NAIC id number: 53902 ) |
| Policy contract number | 10038691 |
| Policy instance | 1 |
| Insurance contract or identification number | 10038691 | | Number of Individuals Covered | 326 | | Insurance policy start date | 2020-04-01 | | Insurance policy end date | 2021-03-31 | | Total amount of commissions paid to insurance broker | USD $106,132 | | Health Insurance Welfare Benefit | Yes | | Welfare Benefit Premiums Paid to Carrier | USD $2,106,257 | | Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500? | No | | Commission paid to Insurance Broker | USD $106,132 |
|
| PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 ) |
| Policy contract number | 1062856 |
| Policy instance | 2 |
| Insurance contract or identification number | 1062856 | | Number of Individuals Covered | 504 | | Insurance policy start date | 2020-04-01 | | Insurance policy end date | 2021-03-31 | | Total amount of commissions paid to insurance broker | USD $14,859 | | Total amount of fees paid to insurance company | USD $8,374 | | Dental Insurance Welfare Benefit | Yes | | Vision Insurance Welfare Benefit | Yes | | Life Insurance Welfare Benefit | Yes | | Welfare Benefit Premiums Paid to Carrier | USD $280,066 | | Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500? | No | | Commission paid to Insurance Broker | USD $14,859 | | Amount paid for insurance broker fees | 8374 | | Additional information about fees paid to insurance broker | BONUS | | Insurance broker organization code? | 3 |
|
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