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FREIGHT BROKERS GLOBAL SERVICES 401(K) PROFIT SHARING PLAN & TRUST 401k Plan overview

Plan NameFREIGHT BROKERS GLOBAL SERVICES 401(K) PROFIT SHARING PLAN & TRUST
Plan identification number 002

FREIGHT BROKERS GLOBAL SERVICES 401(K) PROFIT SHARING PLAN & TRUST Benefits

401k Plan TypeDefined 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.
  • 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

FREIGHT BROKERS GLOBAL SERVICES has sponsored the creation of one or more 401k plans.

Company Name:FREIGHT BROKERS GLOBAL SERVICES
Employer identification number (EIN):223789894
NAIC Classification:541990
NAIC Description:All Other Professional, Scientific, and Technical Services

Form 5500 Filing Information

Submission information for form 5500 for 401k plan FREIGHT BROKERS GLOBAL SERVICES 401(K) PROFIT SHARING PLAN & TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022023-01-01MATTHEW MOLFETTA2024-02-08
0022022-01-01MATTHEW MOLFETTA2023-02-14
0022021-01-01MATTHEW MOLFETTA2022-06-28
0022020-01-01MATTHEW MOLFETTA2021-02-24
0022019-01-01MATTHEW MOLFETTA2020-03-04
0022018-01-01MATTHEW MOLFETTA2019-06-20
0022017-01-01MATTHEW MOLFETTA2018-09-24
0022016-01-01MATTHEW MOLFETTA2017-10-11
0022015-01-01MATTHEW MOLFETTA2016-06-09
0022014-01-01MATTHEW MOLFETTA2015-06-29
0022013-01-01MATTHEW MOLFETTA2014-06-17
0022012-01-01MATTHEW MOLFETTA2013-04-17
0022011-01-01MATTHEW MOLFETTA2012-09-11
0022010-01-01FREIGHT BROKERS GLOBAL
0022009-01-01FREIGHT BROKERS GLOBAL

Financial Data on FREIGHT BROKERS GLOBAL SERVICES 401(K) PROFIT SHARING PLAN & TRUST

Measure Date Value
2025 : FREIGHT BROKERS GLOBAL SERVICES 401(K) PROFIT SHARING PLAN & TRUST 2025 401k financial data
Total transfers to/from plan in this plan year2025-10-020
Total liabilities as of the end of the plan year2025-10-021521
Total liabilities as of the beginning of the plan year2025-10-020
Total expenses incurred by plan in this plan year2025-10-024695
Net assets as of the end of the plan year2025-10-021411353
Total assets as of the beginning of the plan year2025-10-021274975
Participant contributions to plan in this plan year2025-10-0225488
Other expenses paid from plan in this plan year2025-10-020
Other contributions to plan in this plan year2025-10-020
Other income to plan in this plan year2025-10-02114064
Plan net income in this plan year2025-10-02134857
Net assets as of the end of the plan year2025-10-021409832
Net assets as of the beginning of the plan year2025-10-021274975
Employer contributions to plan in this plan year2025-10-020
Fees paid to broker by Benefit Provider2025-10-02311
Expensese paid to adminstrative service provicers from plan in this plan year2025-10-024695
2024 : FREIGHT BROKERS GLOBAL SERVICES 401(K) PROFIT SHARING PLAN & TRUST 2024 401k financial data
Total transfers to/from plan in this plan year2024-02-080
Total liabilities as of the end of the plan year2024-02-080
Total liabilities as of the beginning of the plan year2024-02-080
Total expenses incurred by plan in this plan year2024-02-084832
Net assets as of the end of the plan year2024-02-081274975
Total assets as of the beginning of the plan year2024-02-081099082
Participant contributions to plan in this plan year2024-02-0828705
Other expenses paid from plan in this plan year2024-02-080
Other contributions to plan in this plan year2024-02-080
Other income to plan in this plan year2024-02-08152020
Plan net income in this plan year2024-02-08175893
Net assets as of the end of the plan year2024-02-081274975
Net assets as of the beginning of the plan year2024-02-081099082
Employer contributions to plan in this plan year2024-02-080
Fees paid to broker by Benefit Provider2024-02-08292
Expensese paid to adminstrative service provicers from plan in this plan year2024-02-084075
2022 : FREIGHT BROKERS GLOBAL SERVICES 401(K) PROFIT SHARING PLAN & TRUST 2022 401k financial data
Total expenses incurred by plan in this plan year2022-06-284434
Net assets as of the end of the plan year2022-06-281258402
Total assets as of the beginning of the plan year2022-06-281092337
Participant contributions to plan in this plan year2022-06-2828705
Other income to plan in this plan year2022-06-28141794
Plan net income in this plan year2022-06-28166065
Net assets as of the end of the plan year2022-06-281258402
Net assets as of the beginning of the plan year2022-06-281092337
Fees paid to broker by Benefit Provider2022-06-28294
Expensese paid to adminstrative service provicers from plan in this plan year2022-06-284154
2010 : FREIGHT BROKERS GLOBAL SERVICES 401(K) PROFIT SHARING PLAN & TRUST 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$97,876
Expenses. Total of all expenses incurred2010-12-31$860
Benefits paid (including direct rollovers)2010-12-31$0
Total plan assets at end of year2010-12-31$614,600
Total plan assets at beginning of year2010-12-31$517,584
Value of fidelity bond covering the plan2010-12-31$51,758
Total contributions received or receivable from participants2010-12-31$25,402
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$72,474
Net income (gross income less expenses)2010-12-31$97,016
Net plan assets at end of year (total assets less liabilities)2010-12-31$614,600
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$517,584
Assets. Value of participant loans2010-12-31$0
Total contributions received or receivable from employer(s)2010-12-31$0
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$860

Form 5500 Responses for FREIGHT BROKERS GLOBAL SERVICES 401(K) PROFIT SHARING PLAN & TRUST

2010: FREIGHT BROKERS GLOBAL SERVICES 401(K) PROFIT SHARING PLAN & TRUST 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: FREIGHT BROKERS GLOBAL SERVICES 401(K) PROFIT SHARING PLAN & TRUST 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

Insurance Providers Used on plan

VOYA RETIRIEMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 86509 )
Policy contract numberPHU266
Policy instance 1

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