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GLOBAL ELECTRONIC SERVICES INC 401 K PROFIT SHARING PLAN TRUST 401k Plan overview

Plan NameGLOBAL ELECTRONIC SERVICES INC 401 K PROFIT SHARING PLAN TRUST
Plan identification number 001

GLOBAL ELECTRONIC SERVICES INC 401 K PROFIT SHARING PLAN TRUST Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Participant-directed brokerage accounts provided as an investment option under the plan.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.
  • Plan sponsor(s) received services of leased employees, as defined in Code section 414(n), during the plan year.

401k Sponsoring company profile

GLOBAL ELECTRONIC SERVICES has sponsored the creation of one or more 401k plans.

Company Name:GLOBAL ELECTRONIC SERVICES
Employer identification number (EIN):043730957
NAIC Classification:541990
NAIC Description:All Other Professional, Scientific, and Technical Services

Form 5500 Filing Information

Submission information for form 5500 for 401k plan GLOBAL ELECTRONIC SERVICES INC 401 K PROFIT SHARING PLAN TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01DANIELLE PETERSON2024-10-15
0012022-01-01DANIELLE PETERSON2023-10-12
0012021-01-01DENISE LAMB2022-10-12
0012020-01-01DENISE LAMB2021-10-11
0012020-01-01DENISE LAMB2022-09-30
0012019-01-01
0012018-01-01MICHAEL S MILLER2019-10-15
0012017-01-01
0012015-01-01SHANE POSTELL2016-07-27
0012014-01-01SHANE POSTELL2015-10-06
0012013-01-01GLOBAL ELECTRONIC SERVICES2014-10-15
0012012-01-01LENORA C. WILSON
0012011-01-01LENORA C. WILSON
0012010-01-01LENORA C. WILSON
0012009-01-01LENORA C. WILSON

Financial Data on GLOBAL ELECTRONIC SERVICES INC 401 K PROFIT SHARING PLAN TRUST

Measure Date Value
2025 : GLOBAL ELECTRONIC SERVICES INC 401 K PROFIT SHARING PLAN TRUST 2025 401k financial data
Total transfers to/from plan in this plan year2025-09-160
Total liabilities as of the end of the plan year2025-09-160
Total liabilities as of the beginning of the plan year2025-09-160
Total expenses incurred by plan in this plan year2025-09-16224573
Net assets as of the end of the plan year2025-09-164587790
Total assets as of the beginning of the plan year2025-09-163863817
Value of plan covered by a fidelity bond2025-09-16150000
Participant contributions to plan in this plan year2025-09-1677959
Value of participant loans at end of plan year2025-09-1656062
Other expenses paid from plan in this plan year2025-09-160
Other contributions to plan in this plan year2025-09-160
Other income to plan in this plan year2025-09-16813837
Plan net income in this plan year2025-09-16723973
Net assets as of the end of the plan year2025-09-164587790
Net assets as of the beginning of the plan year2025-09-163863817
Employer contributions to plan in this plan year2025-09-1656750
Expensese paid to adminstrative service provicers from plan in this plan year2025-09-1610833
2024 : GLOBAL ELECTRONIC SERVICES INC 401 K PROFIT SHARING PLAN TRUST 2024 401k financial data
Total transfers to/from plan in this plan year2024-10-150
Total liabilities as of the end of the plan year2024-10-150
Total liabilities as of the beginning of the plan year2024-10-150
Total expenses incurred by plan in this plan year2024-10-15266554
Net assets as of the end of the plan year2024-10-153863817
Total assets as of the beginning of the plan year2024-10-153144035
Value of plan covered by a fidelity bond2024-10-15150000
Participant contributions to plan in this plan year2024-10-15190195
Value of participant loans at end of plan year2024-10-1566598
Other expenses paid from plan in this plan year2024-10-150
Other contributions to plan in this plan year2024-10-157901
Other income to plan in this plan year2024-10-15612572
Plan net income in this plan year2024-10-15719782
Net assets as of the end of the plan year2024-10-153863817
Net assets as of the beginning of the plan year2024-10-153144035
Employer contributions to plan in this plan year2024-10-15175668
Expensese paid to adminstrative service provicers from plan in this plan year2024-10-158910
2022 : GLOBAL ELECTRONIC SERVICES INC 401 K PROFIT SHARING PLAN TRUST 2022 401k financial data
Total expenses incurred by plan in this plan year2022-10-12143971
Net assets as of the end of the plan year2022-10-123655032
Total assets as of the beginning of the plan year2022-10-122962379
Value of plan covered by a fidelity bond2022-10-12150000
Participant contributions to plan in this plan year2022-10-12163843
Value of participant loans at end of plan year2022-10-1239165
Other income to plan in this plan year2022-10-12557085
Plan net income in this plan year2022-10-12692653
Net assets as of the end of the plan year2022-10-123655032
Net assets as of the beginning of the plan year2022-10-122962379
Employer contributions to plan in this plan year2022-10-12115696
Expensese paid to adminstrative service provicers from plan in this plan year2022-10-128623
2012 : GLOBAL ELECTRONIC SERVICES INC 401 K PROFIT SHARING PLAN TRUST 2012 401k financial data
Total income from all sources2012-12-31$388,761
Expenses. Total of all expenses incurred2012-12-31$226,917
Benefits paid (including direct rollovers)2012-12-31$226,917
Total plan assets at end of year2012-12-31$1,044,191
Total plan assets at beginning of year2012-12-31$882,347
Value of fidelity bond covering the plan2012-12-31$105,000
Total contributions received or receivable from participants2012-12-31$96,486
Other income received2012-12-31$97,741
Net income (gross income less expenses)2012-12-31$161,844
Net plan assets at end of year (total assets less liabilities)2012-12-31$1,044,191
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$882,347
Assets. Value of participant loans2012-12-31$38,498
Total contributions received or receivable from employer(s)2012-12-31$194,534
2011 : GLOBAL ELECTRONIC SERVICES INC 401 K PROFIT SHARING PLAN TRUST 2011 401k financial data
Total income from all sources2011-12-31$232,331
Expenses. Total of all expenses incurred2011-12-31$12,588
Benefits paid (including direct rollovers)2011-12-31$12,588
Total plan assets at end of year2011-12-31$882,347
Total plan assets at beginning of year2011-12-31$662,604
Value of fidelity bond covering the plan2011-12-31$89,000
Total contributions received or receivable from participants2011-12-31$84,350
Other income received2011-12-31$-30,538
Net income (gross income less expenses)2011-12-31$219,743
Net plan assets at end of year (total assets less liabilities)2011-12-31$882,347
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$662,604
Assets. Value of participant loans2011-12-31$27,961
Total contributions received or receivable from employer(s)2011-12-31$178,519
2010 : GLOBAL ELECTRONIC SERVICES INC 401 K PROFIT SHARING PLAN TRUST 2010 401k financial data
Total income from all sources2010-12-31$241,888
Expenses. Total of all expenses incurred2010-12-31$19,548
Benefits paid (including direct rollovers)2010-12-31$19,548
Total plan assets at end of year2010-12-31$662,604
Total plan assets at beginning of year2010-12-31$440,264
Value of fidelity bond covering the plan2010-12-31$67,000
Total contributions received or receivable from participants2010-12-31$57,953
Other income received2010-12-31$59,142
Net income (gross income less expenses)2010-12-31$222,340
Net plan assets at end of year (total assets less liabilities)2010-12-31$662,604
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$440,264
Assets. Value of participant loans2010-12-31$25,000
Total contributions received or receivable from employer(s)2010-12-31$124,793

Form 5500 Responses for GLOBAL ELECTRONIC SERVICES INC 401 K PROFIT SHARING PLAN TRUST

2012: GLOBAL ELECTRONIC SERVICES INC 401 K PROFIT SHARING PLAN TRUST 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: GLOBAL ELECTRONIC SERVICES INC 401 K PROFIT SHARING PLAN TRUST 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2010: GLOBAL ELECTRONIC SERVICES INC 401 K PROFIT SHARING PLAN TRUST 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement - TrustYes
2009: GLOBAL ELECTRONIC SERVICES INC 401 K PROFIT SHARING PLAN TRUST 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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