401k Plan data: EXPRESS GRAIN TERMINALS, LLC 401(K) RETIREMENT PLAN plan

EXPRESS GRAIN TERMINALS, LLC 401(K) RETIREMENT PLAN 401k Plan overview

Plan Name	EXPRESS GRAIN TERMINALS, LLC 401(K) RETIREMENT PLAN
Plan identification number	001

EXPRESS GRAIN TERMINALS, LLC 401(K) RETIREMENT 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.
Plan covering Self-Employed individuals.
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

EXPRESS GRAIN TERMINALS, LLC has sponsored the creation of one or more 401k plans.

Company Name: EXPRESS GRAIN TERMINALS, LLC

Employer identification number (EIN): 208719067

NAIC Classification: 424500

Form 5500 Filing Information

Submission information for form 5500 for 401k plan EXPRESS GRAIN TERMINALS, LLC 401(K) RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2022-01-01
001 2021-01-01
001 2020-01-01
001 2020-01-01
001 2019-01-01 LATOYA HARRIS 2020-11-20 LATOYA HARRIS 2020-11-20
001 2018-01-01 MELISSA TRUITT 2019-09-16 MELISSA TRUITT 2019-09-16
001 2017-01-01 MELISSA TRUITT 2018-09-23 MELISSA TRUITT 2018-09-23
001 2016-07-01 MELISSA TRUITT 2017-10-08 MELISSA TRUITT 2017-10-08

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2022-01-01
001	2021-01-01
001	2020-01-01
001	2020-01-01
001	2019-01-01	LATOYA HARRIS	2020-11-20	LATOYA HARRIS	2020-11-20
001	2018-01-01	MELISSA TRUITT	2019-09-16	MELISSA TRUITT	2019-09-16
001	2017-01-01	MELISSA TRUITT	2018-09-23	MELISSA TRUITT	2018-09-23
001	2016-07-01	MELISSA TRUITT	2017-10-08	MELISSA TRUITT	2017-10-08

Plan Statistics for EXPRESS GRAIN TERMINALS, LLC 401(K) RETIREMENT PLAN

401k plan membership statisitcs for EXPRESS GRAIN TERMINALS, LLC 401(K) RETIREMENT PLAN

Measure Date Value
2022: EXPRESS GRAIN TERMINALS, LLC 401(K) RETIREMENT PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 128
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 0
Number of retired or separated participants receiving benefits 2022-01-01 0
Number of other retired or separated participants entitled to future benefits 2022-01-01 0
Total of all active and inactive participants 2022-01-01 0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 0
Total participants 2022-01-01 0
Number of participants with account balances 2022-01-01 0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 0
2021: EXPRESS GRAIN TERMINALS, LLC 401(K) RETIREMENT PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 146
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 108
Number of retired or separated participants receiving benefits 2021-01-01 0
Number of other retired or separated participants entitled to future benefits 2021-01-01 20
Total of all active and inactive participants 2021-01-01 128
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 0
Total participants 2021-01-01 128
Number of participants with account balances 2021-01-01 59
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 0
2020: EXPRESS GRAIN TERMINALS, LLC 401(K) RETIREMENT PLAN 2020 401k membership
Total participants, beginning-of-year 2020-01-01 127
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 119
Number of retired or separated participants receiving benefits 2020-01-01 0
Number of other retired or separated participants entitled to future benefits 2020-01-01 16
Total of all active and inactive participants 2020-01-01 135
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 0
Total participants 2020-01-01 135
Number of participants with account balances 2020-01-01 64
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 0

Measure	Date	Value
2022: EXPRESS GRAIN TERMINALS, LLC 401(K) RETIREMENT PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	128
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	0
Number of retired or separated participants receiving benefits	2022-01-01	0
Number of other retired or separated participants entitled to future benefits	2022-01-01	0
Total of all active and inactive participants	2022-01-01	0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	0
Total participants	2022-01-01	0
Number of participants with account balances	2022-01-01	0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	0
2021: EXPRESS GRAIN TERMINALS, LLC 401(K) RETIREMENT PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	146
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	108
Number of retired or separated participants receiving benefits	2021-01-01	0
Number of other retired or separated participants entitled to future benefits	2021-01-01	20
Total of all active and inactive participants	2021-01-01	128
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	0
Total participants	2021-01-01	128
Number of participants with account balances	2021-01-01	59
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	0
2020: EXPRESS GRAIN TERMINALS, LLC 401(K) RETIREMENT PLAN 2020 401k membership
Total participants, beginning-of-year	2020-01-01	127
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	119
Number of retired or separated participants receiving benefits	2020-01-01	0
Number of other retired or separated participants entitled to future benefits	2020-01-01	16
Total of all active and inactive participants	2020-01-01	135
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	0
Total participants	2020-01-01	135
Number of participants with account balances	2020-01-01	64
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	0

Financial Data on EXPRESS GRAIN TERMINALS, LLC 401(K) RETIREMENT PLAN

Measure	Date	Value
2022 : EXPRESS GRAIN TERMINALS, LLC 401(K) RETIREMENT PLAN 2022 401k financial data
Total income from all sources (including contributions)	2022-10-31	$-95,694
Total of all expenses incurred	2022-10-31	$1,300,103
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2022-10-31	$1,295,106
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2022-10-31	$20,091
Value of total assets at end of year	2022-10-31	$0
Value of total assets at beginning of year	2022-10-31	$1,395,797
Total of administrative expenses incurred including professional, contract, advisory and management fees	2022-10-31	$4,997
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2022-10-31	Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan	2022-10-31	$0
Was this plan covered by a fidelity bond	2022-10-31	Yes
Value of fidelity bond cover	2022-10-31	$139,580
If this is an individual account plan, was there a blackout period	2022-10-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2022-10-31	$0
Were there any nonexempt tranactions with any party-in-interest	2022-10-31	No
Contributions received from participants	2022-10-31	$17,218
Participant contributions at end of year	2022-10-31	$0
Participant contributions at beginning of year	2022-10-31	$5,295
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)	2022-10-31	$8,283
Administrative expenses (other) incurred	2022-10-31	$3,415
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2022-10-31	No
Value of net income/loss	2022-10-31	$-1,395,797
Value of net assets at end of year (total assets less liabilities)	2022-10-31	$0
Value of net assets at beginning of year (total assets less liabilities)	2022-10-31	$1,395,797
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2022-10-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2022-10-31	No
Were any leases to which the plan was party in default or uncollectible	2022-10-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2022-10-31	$0
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2022-10-31	$1,387,513
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2022-10-31	$0
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2022-10-31	$116
Net investment gain/loss from pooled separate accounts	2022-10-31	$-115,785
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2022-10-31	No
Was there a failure to transmit to the plan any participant contributions	2022-10-31	No
Has the plan failed to provide any benefit when due under the plan	2022-10-31	No
Contributions received in cash from employer	2022-10-31	$2,873
Employer contributions (assets) at end of year	2022-10-31	$0
Employer contributions (assets) at beginning of year	2022-10-31	$2,873
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2022-10-31	$1,286,823
Contract administrator fees	2022-10-31	$1,582
Did the plan have assets held for investment	2022-10-31	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	2022-10-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2022-10-31	Yes
2021 : EXPRESS GRAIN TERMINALS, LLC 401(K) RETIREMENT PLAN 2021 401k financial data
Total income from all sources (including contributions)	2021-12-31	$364,255
Total of all expenses incurred	2021-12-31	$325,655
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2021-12-31	$321,840
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2021-12-31	$238,178
Value of total assets at end of year	2021-12-31	$1,395,797
Value of total assets at beginning of year	2021-12-31	$1,357,197
Total of administrative expenses incurred including professional, contract, advisory and management fees	2021-12-31	$3,815
Total interest from all sources	2021-12-31	$126
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2021-12-31	No
Was this plan covered by a fidelity bond	2021-12-31	Yes
Value of fidelity bond cover	2021-12-31	$139,580
If this is an individual account plan, was there a blackout period	2021-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2021-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2021-12-31	No
Contributions received from participants	2021-12-31	$146,294
Participant contributions at end of year	2021-12-31	$5,295
Participant contributions at beginning of year	2021-12-31	$3,087
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2021-12-31	No
Value of net income/loss	2021-12-31	$38,600
Value of net assets at end of year (total assets less liabilities)	2021-12-31	$1,395,797
Value of net assets at beginning of year (total assets less liabilities)	2021-12-31	$1,357,197
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2021-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2021-12-31	No
Were any leases to which the plan was party in default or uncollectible	2021-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2021-12-31	$1,387,513
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2021-12-31	$1,351,151
Interest earned on other investments	2021-12-31	$126
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2021-12-31	$116
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2021-12-31	$150
Net investment gain/loss from pooled separate accounts	2021-12-31	$125,951
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2021-12-31	No
Was there a failure to transmit to the plan any participant contributions	2021-12-31	No
Has the plan failed to provide any benefit when due under the plan	2021-12-31	No
Contributions received in cash from employer	2021-12-31	$91,884
Employer contributions (assets) at end of year	2021-12-31	$2,873
Employer contributions (assets) at beginning of year	2021-12-31	$2,809
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2021-12-31	$321,840
Contract administrator fees	2021-12-31	$3,815
Did the plan have assets held for investment	2021-12-31	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	2021-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2021-12-31	No
2020 : EXPRESS GRAIN TERMINALS, LLC 401(K) RETIREMENT PLAN 2020 401k financial data
Total income from all sources (including contributions)	2020-12-31	$460,543
Total of all expenses incurred	2020-12-31	$118,203
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2020-12-31	$116,828
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2020-12-31	$274,332
Value of total assets at end of year	2020-12-31	$1,356,791
Value of total assets at beginning of year	2020-12-31	$1,014,451
Total of administrative expenses incurred including professional, contract, advisory and management fees	2020-12-31	$1,375
Total interest from all sources	2020-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2020-12-31	No
Was this plan covered by a fidelity bond	2020-12-31	Yes
Value of fidelity bond cover	2020-12-31	$135,679
If this is an individual account plan, was there a blackout period	2020-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2020-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2020-12-31	No
Contributions received from participants	2020-12-31	$161,851
Participant contributions at end of year	2020-12-31	$3,087
Participant contributions at beginning of year	2020-12-31	$6,335
Other income not declared elsewhere	2020-12-31	$366
Administrative expenses (other) incurred	2020-12-31	$950
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2020-12-31	No
Value of net income/loss	2020-12-31	$342,340
Value of net assets at end of year (total assets less liabilities)	2020-12-31	$1,356,791
Value of net assets at beginning of year (total assets less liabilities)	2020-12-31	$1,014,451
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2020-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2020-12-31	No
Were any leases to which the plan was party in default or uncollectible	2020-12-31	No
Investment advisory and management fees	2020-12-31	$0
Value of interest in registered invesment companies (eg mutual funds) at end of year	2020-12-31	$1,351,151
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2020-12-31	$1,002,913
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2020-12-31	$151
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2020-12-31	$240
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2020-12-31	$185,845
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2020-12-31	No
Was there a failure to transmit to the plan any participant contributions	2020-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2020-12-31	No
Contributions received in cash from employer	2020-12-31	$112,481
Employer contributions (assets) at end of year	2020-12-31	$2,402
Employer contributions (assets) at beginning of year	2020-12-31	$4,963
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2020-12-31	$116,828
Contract administrator fees	2020-12-31	$425
Did the plan have assets held for investment	2020-12-31	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	2020-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2020-12-31	No
Opinion of an independent qualified public accountant for this plan	2020-12-31	Disclaimer
Accountancy firm name	2020-12-31	GRANTHAMPOOLE,CPA'S
Accountancy firm EIN	2020-12-31	640903390

Form 5500 Responses for EXPRESS GRAIN TERMINALS, LLC 401(K) RETIREMENT PLAN

2022: EXPRESS GRAIN TERMINALS, LLC 401(K) RETIREMENT PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	Submission has been amended	No
2022-01-01	This submission is the final filing	Yes
2022-01-01	This return/report is a short plan year return/report (less than 12 months)	Yes
2022-01-01	Plan is a collectively bargained plan	No
2022-01-01	Plan funding arrangement – Insurance	Yes
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement – Insurance	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: EXPRESS GRAIN TERMINALS, LLC 401(K) RETIREMENT PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Submission has been amended	No
2021-01-01	This submission is the final filing	No
2021-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2021-01-01	Plan is a collectively bargained plan	No
2021-01-01	Plan funding arrangement – Insurance	Yes
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement – Insurance	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2020: EXPRESS GRAIN TERMINALS, LLC 401(K) RETIREMENT PLAN 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	Submission has been amended	Yes
2020-01-01	This submission is the final filing	No
2020-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2020-01-01	Plan is a collectively bargained plan	No
2020-01-01	Plan funding arrangement – Insurance	Yes
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement – Insurance	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes

Insurance Providers Used on plan

JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )

Policy contract number

124597

Policy instance

Insurance contract or identification number	124597
Number of Individuals Covered	0
Insurance policy start date	2022-01-01
Insurance policy end date	2022-10-17
Total amount of commissions paid to insurance broker	USD $2,429
Total amount of fees paid to insurance company	USD $3,658
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Commission paid to Insurance Broker	USD $2,429
Insurance broker organization code?	3
Amount paid for insurance broker fees	3415
Additional information about fees paid to insurance broker	TPA FEES

JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )

Policy contract number

124597

Policy instance

Insurance contract or identification number	124597
Number of Individuals Covered	58
Insurance policy start date	2021-01-01
Insurance policy end date	2021-12-31
Total amount of commissions paid to insurance broker	USD $7,194
Total amount of fees paid to insurance company	USD $3,711
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Commission paid to Insurance Broker	USD $7,194
Insurance broker organization code?	3
Amount paid for insurance broker fees	721
Additional information about fees paid to insurance broker	TPA COMPENSATION

JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )

Policy contract number

124597

Policy instance

Insurance contract or identification number	124597
Number of Individuals Covered	62
Insurance policy start date	2020-01-01
Insurance policy end date	2020-12-31
Total amount of commissions paid to insurance broker	USD $5,365
Total amount of fees paid to insurance company	USD $1,488
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Commission paid to Insurance Broker	USD $5,365
Insurance broker organization code?	3
Amount paid for insurance broker fees	1488
Additional information about fees paid to insurance broker	TPA FEES TPA COMPENSATION

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Company Name:	EXPRESS GRAIN TERMINALS, LLC
Employer identification number (EIN):	208719067
NAIC Classification:	424500