Logo

RETIREMENT PLAN FOR EMPLOYEES OF TRANSIT MANAGEMENT OF BEAUMONT INC. 401k Plan overview

Plan NameRETIREMENT PLAN FOR EMPLOYEES OF TRANSIT MANAGEMENT OF BEAUMONT INC.
Plan identification number 003

RETIREMENT PLAN FOR EMPLOYEES OF TRANSIT MANAGEMENT OF BEAUMONT INC. Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Money purchase (other than target benefit)
  • 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.
  • 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

TRANSMIT MANAGEMENT OF BEAUMONT INC has sponsored the creation of one or more 401k plans.

Company Name:TRANSMIT MANAGEMENT OF BEAUMONT INC
Employer identification number (EIN):853127097
NAIC Classification:485990

Form 5500 Filing Information

Submission information for form 5500 for 401k plan RETIREMENT PLAN FOR EMPLOYEES OF TRANSIT MANAGEMENT OF BEAUMONT INC.

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0032023-01-01
0032022-01-01
0032021-01-01WILLA WHITE2022-08-15
0032020-01-01

Financial Data on RETIREMENT PLAN FOR EMPLOYEES OF TRANSIT MANAGEMENT OF BEAUMONT INC.

Measure Date Value
2025 : RETIREMENT PLAN FOR EMPLOYEES OF TRANSIT MANAGEMENT OF BEAUMONT INC. 2025 401k financial data
Total transfers to/from plan in this plan year2025-10-080
Total liabilities as of the end of the plan year2025-10-080
Total liabilities as of the beginning of the plan year2025-10-080
Total expenses incurred by plan in this plan year2025-10-08525520
Net assets as of the end of the plan year2025-10-084236503
Total assets as of the beginning of the plan year2025-10-083956792
Value of plan covered by a fidelity bond2025-10-08500000
Participant contributions to plan in this plan year2025-10-08153628
Other expenses paid from plan in this plan year2025-10-080
Other contributions to plan in this plan year2025-10-080
Other income to plan in this plan year2025-10-08421316
Plan net income in this plan year2025-10-08279711
Net assets as of the end of the plan year2025-10-084236503
Net assets as of the beginning of the plan year2025-10-083956792
Employer contributions to plan in this plan year2025-10-08230287
Fees paid to broker by Benefit Provider2025-10-0811085
Expensese paid to adminstrative service provicers from plan in this plan year2025-10-0837875
2024 : RETIREMENT PLAN FOR EMPLOYEES OF TRANSIT MANAGEMENT OF BEAUMONT INC. 2024 401k financial data
Total transfers to/from plan in this plan year2024-05-240
Total liabilities as of the end of the plan year2024-05-240
Total liabilities as of the beginning of the plan year2024-05-240
Total expenses incurred by plan in this plan year2024-05-24444728
Net assets as of the end of the plan year2024-05-243956792
Total assets as of the beginning of the plan year2024-05-243582825
Value of plan covered by a fidelity bond2024-05-24500000
Participant contributions to plan in this plan year2024-05-24145473
Other expenses paid from plan in this plan year2024-05-240
Other contributions to plan in this plan year2024-05-240
Other income to plan in this plan year2024-05-24497375
Plan net income in this plan year2024-05-24373967
Net assets as of the end of the plan year2024-05-243956792
Net assets as of the beginning of the plan year2024-05-243582825
Employer contributions to plan in this plan year2024-05-24175847
Fees paid to broker by Benefit Provider2024-05-246425
Expensese paid to adminstrative service provicers from plan in this plan year2024-05-2428722
2021 : RETIREMENT PLAN FOR EMPLOYEES OF TRANSIT MANAGEMENT OF BEAUMONT INC. 2021 401k financial data
Transfers to/from the plan2021-12-31$0
Total plan liabilities at end of year2021-12-31$0
Total plan liabilities at beginning of year2021-12-31$0
Total income from all sources2021-12-31$1,013,347
Expenses. Total of all expenses incurred2021-12-31$779,810
Benefits paid (including direct rollovers)2021-12-31$736,066
Total plan assets at end of year2021-12-31$4,907,079
Total plan assets at beginning of year2021-12-31$4,673,542
Value of fidelity bond covering the plan2021-12-31$500,000
Total contributions received or receivable from participants2021-12-31$129,469
Expenses. Other expenses not covered elsewhere2021-12-31$0
Contributions received from other sources (not participants or employers)2021-12-31$0
Other income received2021-12-31$730,077
Noncash contributions received2021-12-31$0
Net income (gross income less expenses)2021-12-31$233,537
Net plan assets at end of year (total assets less liabilities)2021-12-31$4,907,079
Net plan assets at beginning of year (total assets less liabilities)2021-12-31$4,673,542
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022021-12-31$5,812
Total contributions received or receivable from employer(s)2021-12-31$153,801
Value of certain deemed distributions of participant loans2021-12-31$0
Value of corrective distributions2021-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2021-12-31$43,744
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-12-31$0
Funding deficiency by the employer to the plan for this plan year2021-12-31$0
Minimum employer required contribution for this plan year2021-12-31$153,800
Amount contributed by the employer to the plan for this plan year2021-12-31$153,800
2020 : RETIREMENT PLAN FOR EMPLOYEES OF TRANSIT MANAGEMENT OF BEAUMONT INC. 2020 401k financial data
Total plan liabilities at end of year2020-12-31$0
Total plan liabilities at beginning of year2020-12-31$1,325
Total income from all sources2020-12-31$911,664
Expenses. Total of all expenses incurred2020-12-31$865,014
Benefits paid (including direct rollovers)2020-12-31$828,784
Total plan assets at end of year2020-12-31$4,673,542
Total plan assets at beginning of year2020-12-31$4,628,217
Value of fidelity bond covering the plan2020-12-31$1,000,000
Total contributions received or receivable from participants2020-12-31$131,396
Expenses. Other expenses not covered elsewhere2020-12-31$1,919
Other income received2020-12-31$608,268
Net income (gross income less expenses)2020-12-31$46,650
Net plan assets at end of year (total assets less liabilities)2020-12-31$4,673,542
Net plan assets at beginning of year (total assets less liabilities)2020-12-31$4,626,892
Total contributions received or receivable from employer(s)2020-12-31$172,000
Expenses. Administrative service providers (salaries,fees and commissions)2020-12-31$34,311
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-12-31$0
Funding deficiency by the employer to the plan for this plan year2020-12-31$0
Minimum employer required contribution for this plan year2020-12-31$172,000
Amount contributed by the employer to the plan for this plan year2020-12-31$172,000

Form 5500 Responses for RETIREMENT PLAN FOR EMPLOYEES OF TRANSIT MANAGEMENT OF BEAUMONT INC.

2021: RETIREMENT PLAN FOR EMPLOYEES OF TRANSIT MANAGEMENT OF BEAUMONT INC. 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedNo
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – InsuranceYes
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement – InsuranceYes
2021-01-01Plan benefit arrangement - TrustYes
2020: RETIREMENT PLAN FOR EMPLOYEES OF TRANSIT MANAGEMENT OF BEAUMONT INC. 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planYes
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

JOHN HANCOCK LIFE INSURANCE COMPANY USA (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number153348
Policy instance 1

Potentially related plans

Was this data useful?
If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us.

Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer
The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

Copyright © Market Footprint Ltd
Contact us   Datalog Company Directory
401k Lookup     VAT Lookup S1