401k Plan data: TRANSIT TEAM, INC 401(K) PROFIT SHARING PLAN plan

TRANSIT TEAM, INC 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan Name	TRANSIT TEAM, INC 401(K) PROFIT SHARING PLAN
Plan identification number	001

TRANSIT TEAM, INC 401(K) PROFIT SHARING PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

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.

401k Sponsoring company profile

TRANSIT TEAM, INC has sponsored the creation of one or more 401k plans.

Company Name: TRANSIT TEAM, INC

Employer identification number (EIN): 410868676

NAIC Classification: 485990

Form 5500 Filing Information

Submission information for form 5500 for 401k plan TRANSIT TEAM, INC 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2014-01-01 MICHAEL S RICHTER MICHAEL S RICHTER 2015-07-27
001 2013-01-01 MICHAEL RICHTER
001 2012-01-01 MICHAEL RICHTER MICHAEL RICHTER 2013-07-29

Plan id#	Filing Submission Date	Name of Administrator	Name of Company Sponsor	Date Sponsor Signed
001	2014-01-01	MICHAEL S RICHTER	MICHAEL S RICHTER	2015-07-27
001	2013-01-01	MICHAEL RICHTER
001	2012-01-01	MICHAEL RICHTER	MICHAEL RICHTER	2013-07-29

Plan Statistics for TRANSIT TEAM, INC 401(K) PROFIT SHARING PLAN

401k plan membership statisitcs for TRANSIT TEAM, INC 401(K) PROFIT SHARING PLAN

Measure Date Value
2014: TRANSIT TEAM, INC 401(K) PROFIT SHARING PLAN 2014 401k membership
Total participants, beginning-of-year 2014-01-01 278
Total number of active participants reported on line 7a of the Form 5500 2014-01-01 235
Number of retired or separated participants receiving benefits 2014-01-01 0
Number of other retired or separated participants entitled to future benefits 2014-01-01 29
Total of all active and inactive participants 2014-01-01 264
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2014-01-01 0
Total participants 2014-01-01 264
Number of participants with account balances 2014-01-01 172
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2014-01-01 9
2013: TRANSIT TEAM, INC 401(K) PROFIT SHARING PLAN 2013 401k membership
Total participants, beginning-of-year 2013-01-01 263
Total number of active participants reported on line 7a of the Form 5500 2013-01-01 231
Number of retired or separated participants receiving benefits 2013-01-01 0
Number of other retired or separated participants entitled to future benefits 2013-01-01 19
Total of all active and inactive participants 2013-01-01 250
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2013-01-01 0
Total participants 2013-01-01 250
Number of participants with account balances 2013-01-01 163
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2013-01-01 5
2012: TRANSIT TEAM, INC 401(K) PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year 2012-01-01 276
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 223
Number of retired or separated participants receiving benefits 2012-01-01 0
Number of other retired or separated participants entitled to future benefits 2012-01-01 19
Total of all active and inactive participants 2012-01-01 242
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-01-01 0
Total participants 2012-01-01 242
Number of participants with account balances 2012-01-01 158
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-01-01 9

Measure	Date	Value
2014: TRANSIT TEAM, INC 401(K) PROFIT SHARING PLAN 2014 401k membership
Total participants, beginning-of-year	2014-01-01	278
Total number of active participants reported on line 7a of the Form 5500	2014-01-01	235
Number of retired or separated participants receiving benefits	2014-01-01	0
Number of other retired or separated participants entitled to future benefits	2014-01-01	29
Total of all active and inactive participants	2014-01-01	264
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2014-01-01	0
Total participants	2014-01-01	264
Number of participants with account balances	2014-01-01	172
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2014-01-01	9
2013: TRANSIT TEAM, INC 401(K) PROFIT SHARING PLAN 2013 401k membership
Total participants, beginning-of-year	2013-01-01	263
Total number of active participants reported on line 7a of the Form 5500	2013-01-01	231
Number of retired or separated participants receiving benefits	2013-01-01	0
Number of other retired or separated participants entitled to future benefits	2013-01-01	19
Total of all active and inactive participants	2013-01-01	250
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2013-01-01	0
Total participants	2013-01-01	250
Number of participants with account balances	2013-01-01	163
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2013-01-01	5
2012: TRANSIT TEAM, INC 401(K) PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year	2012-01-01	276
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	223
Number of retired or separated participants receiving benefits	2012-01-01	0
Number of other retired or separated participants entitled to future benefits	2012-01-01	19
Total of all active and inactive participants	2012-01-01	242
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-01-01	0
Total participants	2012-01-01	242
Number of participants with account balances	2012-01-01	158
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-01-01	9

Financial Data on TRANSIT TEAM, INC 401(K) PROFIT SHARING PLAN

Measure	Date	Value
2014 : TRANSIT TEAM, INC 401(K) PROFIT SHARING PLAN 2014 401k financial data
Total unrealized appreciation/depreciation of assets	2014-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2014-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2014-12-31	$0
Total income from all sources (including contributions)	2014-12-31	$737,721
Total loss/gain on sale of assets	2014-12-31	$0
Total of all expenses incurred	2014-12-31	$206,962
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2014-12-31	$197,195
Value of total corrective distributions	2014-12-31	$6,342
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2014-12-31	$523,384
Value of total assets at end of year	2014-12-31	$4,098,534
Value of total assets at beginning of year	2014-12-31	$3,567,775
Total of administrative expenses incurred including professional, contract, advisory and management fees	2014-12-31	$3,425
Total interest from all sources	2014-12-31	$8,649
Total dividends received (eg from common stock, registered investment company shares)	2014-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2014-12-31	No
Was this plan covered by a fidelity bond	2014-12-31	Yes
Value of fidelity bond cover	2014-12-31	$300,000
If this is an individual account plan, was there a blackout period	2014-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2014-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2014-12-31	No
Contributions received from participants	2014-12-31	$433,063
Participant contributions at end of year	2014-12-31	$234,786
Participant contributions at beginning of year	2014-12-31	$177,679
Income. Received or receivable in cash from other sources (including rollovers)	2014-12-31	$2,488
Other income not declared elsewhere	2014-12-31	$0
Total non interest bearing cash at beginning of year	2014-12-31	$27,536
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2014-12-31	No
Value of net income/loss	2014-12-31	$530,759
Value of net assets at end of year (total assets less liabilities)	2014-12-31	$4,098,534
Value of net assets at beginning of year (total assets less liabilities)	2014-12-31	$3,567,775
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2014-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2014-12-31	No
Were any leases to which the plan was party in default or uncollectible	2014-12-31	No
Value of interest in pooled separate accounts at end of year	2014-12-31	$3,708,438
Value of interest in pooled separate accounts at beginning of year	2014-12-31	$3,184,898
Interest on participant loans	2014-12-31	$7,281
Interest earned on other investments	2014-12-31	$1,368
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2014-12-31	$155,310
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2014-12-31	$177,662
Net investment gain/loss from pooled separate accounts	2014-12-31	$205,688
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2014-12-31	No
Was there a failure to transmit to the plan any participant contributions	2014-12-31	No
Has the plan failed to provide any benefit when due under the plan	2014-12-31	No
Contributions received in cash from employer	2014-12-31	$87,833
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2014-12-31	$197,195
Contract administrator fees	2014-12-31	$3,425
Did the plan have assets held for investment	2014-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2014-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2014-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2014-12-31	No
Opinion of an independent qualified public accountant for this plan	2014-12-31	Unqualified
Accountancy firm name	2014-12-31	ABDO EICK & MEYERS, LLP
Accountancy firm EIN	2014-12-31	411397419
2013 : TRANSIT TEAM, INC 401(K) PROFIT SHARING PLAN 2013 401k financial data
Total unrealized appreciation/depreciation of assets	2013-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2013-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2013-12-31	$16,627
Total income from all sources (including contributions)	2013-12-31	$881,245
Total loss/gain on sale of assets	2013-12-31	$0
Total of all expenses incurred	2013-12-31	$773,054
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2013-12-31	$770,104
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2013-12-31	$487,065
Value of total assets at end of year	2013-12-31	$3,567,775
Value of total assets at beginning of year	2013-12-31	$3,476,211
Total of administrative expenses incurred including professional, contract, advisory and management fees	2013-12-31	$2,950
Total interest from all sources	2013-12-31	$7,656
Total dividends received (eg from common stock, registered investment company shares)	2013-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2013-12-31	No
Was this plan covered by a fidelity bond	2013-12-31	Yes
Value of fidelity bond cover	2013-12-31	$300,000
If this is an individual account plan, was there a blackout period	2013-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2013-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2013-12-31	No
Contributions received from participants	2013-12-31	$405,611
Participant contributions at end of year	2013-12-31	$177,679
Participant contributions at beginning of year	2013-12-31	$143,556
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2013-12-31	$16,627
Total non interest bearing cash at end of year	2013-12-31	$27,536
Total non interest bearing cash at beginning of year	2013-12-31	$21,637
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2013-12-31	No
Value of net income/loss	2013-12-31	$108,191
Value of net assets at end of year (total assets less liabilities)	2013-12-31	$3,567,775
Value of net assets at beginning of year (total assets less liabilities)	2013-12-31	$3,459,584
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2013-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2013-12-31	No
Were any leases to which the plan was party in default or uncollectible	2013-12-31	No
Value of interest in pooled separate accounts at end of year	2013-12-31	$3,184,898
Value of interest in pooled separate accounts at beginning of year	2013-12-31	$3,164,623
Interest on participant loans	2013-12-31	$6,241
Interest earned on other investments	2013-12-31	$1,415
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2013-12-31	$177,662
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2013-12-31	$146,395
Net investment gain/loss from pooled separate accounts	2013-12-31	$386,524
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2013-12-31	No
Was there a failure to transmit to the plan any participant contributions	2013-12-31	No
Has the plan failed to provide any benefit when due under the plan	2013-12-31	No
Contributions received in cash from employer	2013-12-31	$81,454
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2013-12-31	$770,104
Contract administrator fees	2013-12-31	$2,950
Did the plan have assets held for investment	2013-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2013-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2013-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2013-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2013-12-31	Disclaimer
Accountancy firm name	2013-12-31	BAUNE DOSEN & CO LLP
Accountancy firm EIN	2013-12-31	411238038
2012 : TRANSIT TEAM, INC 401(K) PROFIT SHARING PLAN 2012 401k financial data
Total unrealized appreciation/depreciation of assets	2012-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2012-12-31	$16,627
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2012-12-31	$0
Total income from all sources (including contributions)	2012-12-31	$830,581
Total loss/gain on sale of assets	2012-12-31	$0
Total of all expenses incurred	2012-12-31	$416,738
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2012-12-31	$396,461
Value of total corrective distributions	2012-12-31	$16,677
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2012-12-31	$562,862
Value of total assets at end of year	2012-12-31	$3,476,211
Value of total assets at beginning of year	2012-12-31	$3,045,741
Total of administrative expenses incurred including professional, contract, advisory and management fees	2012-12-31	$3,600
Total interest from all sources	2012-12-31	$7,553
Total dividends received (eg from common stock, registered investment company shares)	2012-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2012-12-31	No
Was this plan covered by a fidelity bond	2012-12-31	Yes
Value of fidelity bond cover	2012-12-31	$250,000
If this is an individual account plan, was there a blackout period	2012-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2012-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2012-12-31	No
Contributions received from participants	2012-12-31	$473,123
Participant contributions at end of year	2012-12-31	$143,556
Participant contributions at beginning of year	2012-12-31	$153,438
Participant contributions at beginning of year	2012-12-31	$19,499
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2012-12-31	$16,627
Other income not declared elsewhere	2012-12-31	$1,534
Total non interest bearing cash at end of year	2012-12-31	$21,637
Total non interest bearing cash at beginning of year	2012-12-31	$2,869,125
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2012-12-31	No
Value of net income/loss	2012-12-31	$413,843
Value of net assets at end of year (total assets less liabilities)	2012-12-31	$3,459,584
Value of net assets at beginning of year (total assets less liabilities)	2012-12-31	$3,045,741
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2012-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2012-12-31	No
Were any leases to which the plan was party in default or uncollectible	2012-12-31	No
Value of interest in pooled separate accounts at end of year	2012-12-31	$3,164,623
Value of interest in pooled separate accounts at beginning of year	2012-12-31	$0
Interest on participant loans	2012-12-31	$7,553
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2012-12-31	$146,395
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2012-12-31	$0
Net investment gain/loss from pooled separate accounts	2012-12-31	$258,632
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2012-12-31	No
Was there a failure to transmit to the plan any participant contributions	2012-12-31	No
Has the plan failed to provide any benefit when due under the plan	2012-12-31	No
Contributions received in cash from employer	2012-12-31	$89,739
Employer contributions (assets) at beginning of year	2012-12-31	$3,679
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2012-12-31	$396,461
Contract administrator fees	2012-12-31	$3,600
Did the plan have assets held for investment	2012-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2012-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2012-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2012-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2012-12-31	Disclaimer
Accountancy firm name	2012-12-31	BAUNE DOSEN AND CO LLP
Accountancy firm EIN	2012-12-31	411238038

Form 5500 Responses for TRANSIT TEAM, INC 401(K) PROFIT SHARING PLAN

2014: TRANSIT TEAM, INC 401(K) PROFIT SHARING PLAN 2014 form 5500 responses
2014-01-01	Type of plan entity	Single employer plan
2014-01-01	Submission has been amended	No
2014-01-01	This submission is the final filing	No
2014-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2014-01-01	Plan is a collectively bargained plan	No
2014-01-01	Plan funding arrangement – Insurance	Yes
2014-01-01	Plan funding arrangement – Trust	Yes
2014-01-01	Plan benefit arrangement – Insurance	Yes
2014-01-01	Plan benefit arrangement - Trust	Yes
2013: TRANSIT TEAM, INC 401(K) PROFIT SHARING PLAN 2013 form 5500 responses
2013-01-01	Type of plan entity	Single employer plan
2013-01-01	Submission has been amended	No
2013-01-01	This submission is the final filing	No
2013-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2013-01-01	Plan is a collectively bargained plan	No
2013-01-01	Plan funding arrangement – Insurance	Yes
2013-01-01	Plan funding arrangement – Trust	Yes
2013-01-01	Plan benefit arrangement – Insurance	Yes
2013-01-01	Plan benefit arrangement - Trust	Yes
2012: TRANSIT TEAM, INC 401(K) PROFIT SHARING PLAN 2012 form 5500 responses
2012-01-01	Type of plan entity	Single employer plan
2012-01-01	Submission has been amended	Yes
2012-01-01	This submission is the final filing	No
2012-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2012-01-01	Plan is a collectively bargained plan	No
2012-01-01	Plan funding arrangement – Insurance	Yes
2012-01-01	Plan funding arrangement – Trust	Yes
2012-01-01	Plan benefit arrangement – Insurance	Yes
2012-01-01	Plan benefit arrangement - Trust	Yes

Insurance Providers Used on plan

MUTUAL OF OMAHA (National Association of Insurance Commissioners NAIC id number: 69868 )
Policy contract number	16270
Policy instance	1
MUTUAL OF OMAHA (National Association of Insurance Commissioners NAIC id number: 69868 )
Policy contract number	16270
Policy instance	1
MUTUAL OF OMAHA (National Association of Insurance Commissioners NAIC id number: 69868 )
Policy contract number	16270
Policy instance	1

Potentially related plans

TRANSIT TEAM, INC 401(K) PROFIT SHARING PLAN [EIN = 410838676]

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Company Name:	TRANSIT TEAM, INC
Employer identification number (EIN):	410868676
NAIC Classification:	485990