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GLOBAL USA, INC. PROFIT SHARING PLAN 401k Plan overview

Plan NameGLOBAL USA, INC. PROFIT SHARING PLAN
Plan identification number 001

GLOBAL USA, INC. PROFIT SHARING 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.
  • Participant-directed brokerage accounts provided as an investment option under the plan.
  • 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

GLOBAL USA, INC. has sponsored the creation of one or more 401k plans.

Company Name:GLOBAL USA, INC.
Employer identification number (EIN):521283175
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 USA, INC. PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01CHAD CARROLL2023-05-16
0012021-01-01HALINA DENYSYK2022-10-05
0012020-01-01
0012019-01-01
0012018-01-01
0012017-01-01
0012016-01-01
0012015-01-01
0012014-01-01
0012013-01-01
0012012-01-01FAYE MILES
0012011-01-01GEORGE S. KOPP
0012010-01-01GEORGE S. KOPP
0012009-01-01GEORGE S. KOPP

Plan Statistics for GLOBAL USA, INC. PROFIT SHARING PLAN

401k plan membership statisitcs for GLOBAL USA, INC. PROFIT SHARING PLAN

Measure Date Value
2016: GLOBAL USA, INC. PROFIT SHARING PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-016
Total number of active participants reported on line 7a of the Form 55002016-01-014
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-011
Total of all active and inactive participants2016-01-015
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-015
Number of participants with account balances2016-01-015
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-010
2015: GLOBAL USA, INC. PROFIT SHARING PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-014
Total number of active participants reported on line 7a of the Form 55002015-01-013
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-011
Total of all active and inactive participants2015-01-014
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-014
Number of participants with account balances2015-01-014
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-011
2014: GLOBAL USA, INC. PROFIT SHARING PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-014
Total number of active participants reported on line 7a of the Form 55002014-01-013
Number of retired or separated participants receiving benefits2014-01-011
Number of other retired or separated participants entitled to future benefits2014-01-010
Total of all active and inactive participants2014-01-014
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-014
Number of participants with account balances2014-01-014
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-010
2013: GLOBAL USA, INC. PROFIT SHARING PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-014
Total number of active participants reported on line 7a of the Form 55002013-01-013
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-011
Total of all active and inactive participants2013-01-014
Total participants2013-01-014
Number of participants with account balances2013-01-014
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-010
2012: GLOBAL USA, INC. PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-017
Total number of active participants reported on line 7a of the Form 55002012-01-012
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-012
Total of all active and inactive participants2012-01-014
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-014
Number of participants with account balances2012-01-014
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-011
2011: GLOBAL USA, INC. PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-019
Total number of active participants reported on line 7a of the Form 55002011-01-014
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-013
Total of all active and inactive participants2011-01-017
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-017
Number of participants with account balances2011-01-017
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010
2010: GLOBAL USA, INC. PROFIT SHARING PLAN 2010 401k membership
Total participants, beginning-of-year2010-01-0111
Total number of active participants reported on line 7a of the Form 55002010-01-014
Number of retired or separated participants receiving benefits2010-01-010
Number of other retired or separated participants entitled to future benefits2010-01-015
Total of all active and inactive participants2010-01-019
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-010
Total participants2010-01-019
Number of participants with account balances2010-01-019
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-010
2009: GLOBAL USA, INC. PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-0111
Total number of active participants reported on line 7a of the Form 55002009-01-018
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-013
Total of all active and inactive participants2009-01-0111
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-0111
Number of participants with account balances2009-01-0111
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-012

Financial Data on GLOBAL USA, INC. PROFIT SHARING PLAN

Measure Date Value
2016 : GLOBAL USA, INC. PROFIT SHARING PLAN 2016 401k financial data
Total income from all sources2016-12-31$162,171
Expenses. Total of all expenses incurred2016-12-31$18,480
Total plan assets at end of year2016-12-31$2,210,370
Total plan assets at beginning of year2016-12-31$2,066,679
Value of fidelity bond covering the plan2016-12-31$221,037
Other income received2016-12-31$51,825
Net income (gross income less expenses)2016-12-31$143,691
Net plan assets at end of year (total assets less liabilities)2016-12-31$2,210,370
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$2,066,679
Assets. Value of participant loans2016-12-31$13,250
Assets. Value of assets in partnership/joint-venture interests2016-12-31$11,327
Total contributions received or receivable from employer(s)2016-12-31$110,346
Expenses. Administrative service providers (salaries,fees and commissions)2016-12-31$18,480
2015 : GLOBAL USA, INC. PROFIT SHARING PLAN 2015 401k financial data
Total income from all sources2015-12-31$116,934
Expenses. Total of all expenses incurred2015-12-31$24,941
Benefits paid (including direct rollovers)2015-12-31$4,145
Total plan assets at end of year2015-12-31$2,066,679
Total plan assets at beginning of year2015-12-31$1,974,686
Value of fidelity bond covering the plan2015-12-31$206,668
Other income received2015-12-31$58,096
Net income (gross income less expenses)2015-12-31$91,993
Net plan assets at end of year (total assets less liabilities)2015-12-31$2,066,679
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$1,974,686
Assets. Value of participant loans2015-12-31$21,725
Assets. Value of assets in partnership/joint-venture interests2015-12-31$11,327
Total contributions received or receivable from employer(s)2015-12-31$58,838
Expenses. Administrative service providers (salaries,fees and commissions)2015-12-31$20,796
2014 : GLOBAL USA, INC. PROFIT SHARING PLAN 2014 401k financial data
Total income from all sources2014-12-31$209,941
Expenses. Total of all expenses incurred2014-12-31$15,948
Total plan assets at end of year2014-12-31$1,974,686
Total plan assets at beginning of year2014-12-31$1,780,693
Value of fidelity bond covering the plan2014-12-31$200,000
Other income received2014-12-31$153,903
Net income (gross income less expenses)2014-12-31$193,993
Net plan assets at end of year (total assets less liabilities)2014-12-31$1,974,686
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$1,780,693
Assets. Value of participant loans2014-12-31$29,515
Assets. Value of assets in partnership/joint-venture interests2014-12-31$11,327
Total contributions received or receivable from employer(s)2014-12-31$56,038
Expenses. Administrative service providers (salaries,fees and commissions)2014-12-31$15,948
2013 : GLOBAL USA, INC. PROFIT SHARING PLAN 2013 401k financial data
Total plan liabilities at beginning of year2013-12-31$0
Total income from all sources2013-12-31$179,744
Expenses. Total of all expenses incurred2013-12-31$21,831
Benefits paid (including direct rollovers)2013-12-31$5,160
Total plan assets at end of year2013-12-31$1,780,693
Total plan assets at beginning of year2013-12-31$1,622,780
Value of fidelity bond covering the plan2013-12-31$200,000
Other income received2013-12-31$127,509
Net income (gross income less expenses)2013-12-31$157,913
Net plan assets at end of year (total assets less liabilities)2013-12-31$1,780,693
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$1,622,780
Assets. Value of participant loans2013-12-31$36,981
Assets. Value of assets in partnership/joint-venture interests2013-12-31$87,774
Total contributions received or receivable from employer(s)2013-12-31$52,235
Expenses. Administrative service providers (salaries,fees and commissions)2013-12-31$16,671
2012 : GLOBAL USA, INC. PROFIT SHARING PLAN 2012 401k financial data
Transfers to/from the plan2012-12-31$0
Total plan liabilities at end of year2012-12-31$0
Total plan liabilities at beginning of year2012-12-31$20,000
Total income from all sources2012-12-31$200,576
Expenses. Total of all expenses incurred2012-12-31$68,762
Benefits paid (including direct rollovers)2012-12-31$53,120
Total plan assets at end of year2012-12-31$1,622,780
Total plan assets at beginning of year2012-12-31$1,510,966
Value of fidelity bond covering the plan2012-12-31$200,000
Total contributions received or receivable from participants2012-12-31$0
Expenses. Other expenses not covered elsewhere2012-12-31$0
Contributions received from other sources (not participants or employers)2012-12-31$0
Other income received2012-12-31$148,660
Noncash contributions received2012-12-31$0
Net income (gross income less expenses)2012-12-31$131,814
Net plan assets at end of year (total assets less liabilities)2012-12-31$1,622,780
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$1,490,966
Assets. Value of participant loans2012-12-31$0
Assets. Value of assets in partnership/joint-venture interests2012-12-31$11,327
Total contributions received or receivable from employer(s)2012-12-31$51,916
Value of certain deemed distributions of participant loans2012-12-31$0
Value of corrective distributions2012-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2012-12-31$15,642
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
2011 : GLOBAL USA, INC. PROFIT SHARING PLAN 2011 401k financial data
Transfers to/from the plan2011-12-31$0
Total plan liabilities at end of year2011-12-31$20,000
Total plan liabilities at beginning of year2011-12-31$0
Total income from all sources2011-12-31$88,368
Expenses. Total of all expenses incurred2011-12-31$1,161,243
Benefits paid (including direct rollovers)2011-12-31$1,146,383
Total plan assets at end of year2011-12-31$1,510,966
Total plan assets at beginning of year2011-12-31$2,563,841
Value of fidelity bond covering the plan2011-12-31$200,000
Total contributions received or receivable from participants2011-12-31$0
Contributions received from other sources (not participants or employers)2011-12-31$12,194
Other income received2011-12-31$77
Noncash contributions received2011-12-31$0
Net income (gross income less expenses)2011-12-31$-1,072,875
Net plan assets at end of year (total assets less liabilities)2011-12-31$1,490,966
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$2,563,841
Assets. Value of participant loans2011-12-31$1,220
Assets. Value of assets in partnership/joint-venture interests2011-12-31$11,327
Total contributions received or receivable from employer(s)2011-12-31$76,097
Value of certain deemed distributions of participant loans2011-12-31$0
Value of corrective distributions2011-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2011-12-31$14,860
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
2010 : GLOBAL USA, INC. PROFIT SHARING PLAN 2010 401k financial data
Transfers to/from the plan2010-12-31$0
Total plan liabilities at end of year2010-12-31$0
Total plan liabilities at beginning of year2010-12-31$0
Total income from all sources2010-12-31$310,990
Expenses. Total of all expenses incurred2010-12-31$130,999
Benefits paid (including direct rollovers)2010-12-31$106,041
Total plan assets at end of year2010-12-31$2,563,841
Total plan assets at beginning of year2010-12-31$2,383,850
Value of fidelity bond covering the plan2010-12-31$256,384
Total contributions received or receivable from participants2010-12-31$0
Expenses. Other expenses not covered elsewhere2010-12-31$0
Contributions received from other sources (not participants or employers)2010-12-31$0
Other income received2010-12-31$254,494
Noncash contributions received2010-12-31$0
Net income (gross income less expenses)2010-12-31$179,991
Net plan assets at end of year (total assets less liabilities)2010-12-31$2,563,841
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$2,383,850
Assets. Value of participant loans2010-12-31$9,391
Assets. Value of assets in partnership/joint-venture interests2010-12-31$11,327
Total contributions received or receivable from employer(s)2010-12-31$56,496
Value of certain deemed distributions of participant loans2010-12-31$0
Value of corrective distributions2010-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2010-12-31$24,958
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0

Form 5500 Responses for GLOBAL USA, INC. PROFIT SHARING PLAN

2016: GLOBAL USA, INC. PROFIT SHARING PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: GLOBAL USA, INC. PROFIT SHARING PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: GLOBAL USA, INC. PROFIT SHARING PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: GLOBAL USA, INC. PROFIT SHARING PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: GLOBAL USA, INC. PROFIT SHARING PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: GLOBAL USA, INC. PROFIT SHARING PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2010: GLOBAL USA, INC. PROFIT SHARING PLAN 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Submission has been amendedNo
2010-01-01This submission is the final filingNo
2010-01-01This return/report is a short plan year return/report (less than 12 months)No
2010-01-01Plan is a collectively bargained planNo
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement - TrustYes
2009: GLOBAL USA, INC. PROFIT SHARING PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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