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GLOBE MEDICAL-SURGICAL SUPPLY CO. DEFINED BENEFIT PENSION PLAN & TRUST 401k Plan overview

Plan NameGLOBE MEDICAL-SURGICAL SUPPLY CO. DEFINED BENEFIT PENSION PLAN & TRUST
Plan identification number 001

GLOBE MEDICAL-SURGICAL SUPPLY CO. DEFINED BENEFIT PENSION PLAN & TRUST Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily pay related
  • Covered by PBGC - Plan is covered under the PBGC insurance program (see ERISA section 4021).
  • Plan covered by PBGC that was terminated and closed out for PBGC purposes - Before the end of the plan year (or a prior plan year), (1) the plan terminated in a standard (or distress) termination and completed the distribution of plan assets in satisfaction of all benefit liabilities (or all ERISA Title IV benefits for distress termination); or (2) a trustee was appointed for a terminated plan pursuant to ERISA section 4042.
  • Frozen Plan - As of the last day of the plan year, the plan provides that no participant will get any new benefit accrual (whether because of service or compensation).
  • 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

GLOBE MEDICAL-SURGICAL SUPPLY CO. has sponsored the creation of one or more 401k plans.

Company Name:GLOBE MEDICAL-SURGICAL SUPPLY CO.
Employer identification number (EIN):363800590
NAIC Classification:339110

Form 5500 Filing Information

Submission information for form 5500 for 401k plan GLOBE MEDICAL-SURGICAL SUPPLY CO. DEFINED BENEFIT PENSION PLAN & TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012012-01-01RONAK LAL2012-10-23
0012011-01-01RONAK LAL
0012009-01-01RONAK LAL

Financial Data on GLOBE MEDICAL-SURGICAL SUPPLY CO. DEFINED BENEFIT PENSION PLAN & TRUST

Measure Date Value
2011 : GLOBE MEDICAL-SURGICAL SUPPLY CO. DEFINED BENEFIT PENSION PLAN & TRUST 2011 401k financial data
Transfers to/from the plan2011-12-31$0
Total plan liabilities at end of year2011-12-31$0
Total plan liabilities at beginning of year2011-12-31$0
Total income from all sources2011-12-31$42,925
Expenses. Total of all expenses incurred2011-12-31$0
Benefits paid (including direct rollovers)2011-12-31$0
Total plan assets at end of year2011-12-31$1,905,351
Total plan assets at beginning of year2011-12-31$1,862,426
Value of fidelity bond covering the plan2011-12-31$200,000
Total contributions received or receivable from participants2011-12-31$0
Expenses. Other expenses not covered elsewhere2011-12-31$0
Contributions received from other sources (not participants or employers)2011-12-31$0
Other income received2011-12-31$42,925
Noncash contributions received2011-12-31$0
Net income (gross income less expenses)2011-12-31$42,925
Net plan assets at end of year (total assets less liabilities)2011-12-31$1,905,351
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$1,862,426
Total contributions received or receivable from employer(s)2011-12-31$0
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$0
2010 : GLOBE MEDICAL-SURGICAL SUPPLY CO. DEFINED BENEFIT PENSION 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$285,862
Expenses. Total of all expenses incurred2010-12-31$0
Benefits paid (including direct rollovers)2010-12-31$0
Total plan assets at end of year2010-12-31$1,862,426
Total plan assets at beginning of year2010-12-31$1,576,564
Value of fidelity bond covering the plan2010-12-31$35,000
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$185,862
Noncash contributions received2010-12-31$0
Net income (gross income less expenses)2010-12-31$285,862
Net plan assets at end of year (total assets less liabilities)2010-12-31$1,862,426
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$1,576,564
Total contributions received or receivable from employer(s)2010-12-31$100,000
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$0

Form 5500 Responses for GLOBE MEDICAL-SURGICAL SUPPLY CO. DEFINED BENEFIT PENSION PLAN & TRUST

2011: GLOBE MEDICAL-SURGICAL SUPPLY CO. DEFINED BENEFIT PENSION PLAN & TRUST 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 – InsuranceYes
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement – InsuranceYes
2011-01-01Plan benefit arrangement - TrustYes
2009: GLOBE MEDICAL-SURGICAL SUPPLY CO. DEFINED BENEFIT PENSION 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 – InsuranceYes
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement – InsuranceYes
2009-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

METROPOLITAN LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65978 )
Policy contract number6601918
Policy instance 1
METROPOLITAN LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65978 )
Policy contract number6601918
Policy instance 1

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