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ON TIME LOGISTICS 401(K) PLAN 401k Plan overview

Plan NameON TIME LOGISTICS 401(K) PLAN
Plan identification number 001

ON TIME LOGISTICS 401(K) PLAN 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.
  • 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) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

ON TIME LOGISTICS, LLC has sponsored the creation of one or more 401k plans.

Company Name:ON TIME LOGISTICS, LLC
Employer identification number (EIN):208588177
NAIC Classification:518210
NAIC Description:Data Processing, Hosting, and Related Services

Form 5500 Filing Information

Submission information for form 5500 for 401k plan ON TIME LOGISTICS 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01STEVE JONES2024-07-17
0012022-01-01STEVE JONES2023-09-29
0012021-01-01STEVE JONES2022-06-07
0012020-01-01STEVE JONES2021-06-15

Financial Data on ON TIME LOGISTICS 401(K) PLAN

Measure Date Value
2025 : ON TIME LOGISTICS 401(K) PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-09-18101914
Net assets as of the end of the plan year2025-09-18253951
Total assets as of the beginning of the plan year2025-09-18290060
Value of plan covered by a fidelity bond2025-09-18125000
Participant contributions to plan in this plan year2025-09-1828897
Value of participant loans at end of plan year2025-09-180
Other contributions to plan in this plan year2025-09-180
Other income to plan in this plan year2025-09-1826396
Plan net income in this plan year2025-09-18-36109
Net assets as of the end of the plan year2025-09-18253951
Net assets as of the beginning of the plan year2025-09-18290060
Value of contributions failed to transmitted timely2025-09-180
Employer contributions to plan in this plan year2025-09-1810512
Fees paid to broker by Benefit Provider2025-09-18585
Expensese paid to adminstrative service provicers from plan in this plan year2025-09-180
2024 : ON TIME LOGISTICS 401(K) PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-07-1715337
Net assets as of the end of the plan year2024-07-17290060
Total assets as of the beginning of the plan year2024-07-17208692
Value of plan covered by a fidelity bond2024-07-17125000
Participant contributions to plan in this plan year2024-07-1744553
Other contributions to plan in this plan year2024-07-170
Other income to plan in this plan year2024-07-1740210
Plan net income in this plan year2024-07-1781368
Net assets as of the end of the plan year2024-07-17290060
Net assets as of the beginning of the plan year2024-07-17208692
Employer contributions to plan in this plan year2024-07-1711942
Fees paid to broker by Benefit Provider2024-07-17270
Expensese paid to adminstrative service provicers from plan in this plan year2024-07-175796
2022 : ON TIME LOGISTICS 401(K) PLAN 2022 401k financial data
Total expenses incurred by plan in this plan year2022-06-072258
Net assets as of the end of the plan year2022-06-07145080
Total assets as of the beginning of the plan year2022-06-0775000
Value of plan covered by a fidelity bond2022-06-07125000
Participant contributions to plan in this plan year2022-06-0744559
Other contributions to plan in this plan year2022-06-070
Other income to plan in this plan year2022-06-076618
Plan net income in this plan year2022-06-0770080
Net assets as of the end of the plan year2022-06-07145080
Net assets as of the beginning of the plan year2022-06-0775000
Employer contributions to plan in this plan year2022-06-0721161
Fees paid to broker by Benefit Provider2022-06-071715
Expensese paid to adminstrative service provicers from plan in this plan year2022-06-072258

Potentially related plans

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