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P&S INVESTMENT COMPANY, LCL BULK TRANSPORT, HFCS TRANSPORT, AND MORRISTOWN EXPRESS EMPLOYEES PROFIT SHARING & SAVINGS PLAN 401k Plan overview

Plan NameP&S INVESTMENT COMPANY, LCL BULK TRANSPORT, HFCS TRANSPORT, AND MORRISTOWN EXPRESS EMPLOYEES PROFIT SHARING & SAVINGS PLAN
Plan identification number 002

P&S INVESTMENT COMPANY, LCL BULK TRANSPORT, HFCS TRANSPORT, AND MORRISTOWN EXPRESS EMPLOYEES PROFIT SHARING & SAVINGS 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.
  • 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.
  • Participant-directed brokerage accounts provided as an investment option under the plan.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

P & S INVESTMENT COMPANY, INC. has sponsored the creation of one or more 401k plans.

Company Name:P & S INVESTMENT COMPANY, INC.
Employer identification number (EIN):391372431
NAIC Classification:484120
NAIC Description: General Freight Trucking, Long-Distance

Additional information about P & S INVESTMENT COMPANY, INC.

Jurisdiction of Incorporation: State of Delaware Division of Corporations
Incorporation Date:
Company Identification Number: 0894860

More information about P & S INVESTMENT COMPANY, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan P&S INVESTMENT COMPANY, LCL BULK TRANSPORT, HFCS TRANSPORT, AND MORRISTOWN EXPRESS EMPLOYEES PROFIT SHARING & SAVINGS PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022022-01-01
0022021-01-01
0022020-01-01
0022019-01-01
0022018-01-01
0022017-01-01MICHAEL VAN LANEN
0022016-01-01EVAN MILLER
0022015-01-01EVAN MILLER

Plan Statistics for P&S INVESTMENT COMPANY, LCL BULK TRANSPORT, HFCS TRANSPORT, AND MORRISTOWN EXPRESS EMPLOYEES PROFIT SHARING & SAVINGS PLAN

401k plan membership statisitcs for P&S INVESTMENT COMPANY, LCL BULK TRANSPORT, HFCS TRANSPORT, AND MORRISTOWN EXPRESS EMPLOYEES PROFIT SHARING & SAVINGS PLAN

Measure Date Value
2022: P&S INVESTMENT COMPANY, LCL BULK TRANSPORT, HFCS TRANSPORT, AND MORRISTOWN EXPRESS EMPLOYEES PROFIT SHARING & SAVINGS PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-01244
Total number of active participants reported on line 7a of the Form 55002022-01-01188
Number of retired or separated participants receiving benefits2022-01-019
Number of other retired or separated participants entitled to future benefits2022-01-0148
Total of all active and inactive participants2022-01-01245
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-012
Total participants2022-01-01247
Number of participants with account balances2022-01-01247
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-0116
2021: P&S INVESTMENT COMPANY, LCL BULK TRANSPORT, HFCS TRANSPORT, AND MORRISTOWN EXPRESS EMPLOYEES PROFIT SHARING & SAVINGS PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-01241
Total number of active participants reported on line 7a of the Form 55002021-01-01188
Number of retired or separated participants receiving benefits2021-01-013
Number of other retired or separated participants entitled to future benefits2021-01-0139
Total of all active and inactive participants2021-01-01230
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-017
Total participants2021-01-01237
Number of participants with account balances2021-01-01201
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-0122
2020: P&S INVESTMENT COMPANY, LCL BULK TRANSPORT, HFCS TRANSPORT, AND MORRISTOWN EXPRESS EMPLOYEES PROFIT SHARING & SAVINGS PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-01253
Total number of active participants reported on line 7a of the Form 55002020-01-01163
Number of retired or separated participants receiving benefits2020-01-015
Number of other retired or separated participants entitled to future benefits2020-01-0141
Total of all active and inactive participants2020-01-01209
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-0110
Total participants2020-01-01219
Number of participants with account balances2020-01-01218
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-0120
2019: P&S INVESTMENT COMPANY, LCL BULK TRANSPORT, HFCS TRANSPORT, AND MORRISTOWN EXPRESS EMPLOYEES PROFIT SHARING & SAVINGS PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-01235
Total number of active participants reported on line 7a of the Form 55002019-01-01170
Number of retired or separated participants receiving benefits2019-01-017
Number of other retired or separated participants entitled to future benefits2019-01-0137
Total of all active and inactive participants2019-01-01214
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-013
Total participants2019-01-01217
Number of participants with account balances2019-01-01214
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-0113
2018: P&S INVESTMENT COMPANY, LCL BULK TRANSPORT, HFCS TRANSPORT, AND MORRISTOWN EXPRESS EMPLOYEES PROFIT SHARING & SAVINGS PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-01241
Total number of active participants reported on line 7a of the Form 55002018-01-01158
Number of retired or separated participants receiving benefits2018-01-012
Number of other retired or separated participants entitled to future benefits2018-01-0135
Total of all active and inactive participants2018-01-01195
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-011
Total participants2018-01-01196
Number of participants with account balances2018-01-01163
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-0119
2017: P&S INVESTMENT COMPANY, LCL BULK TRANSPORT, HFCS TRANSPORT, AND MORRISTOWN EXPRESS EMPLOYEES PROFIT SHARING & SAVINGS PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-01260
Total number of active participants reported on line 7a of the Form 55002017-01-01151
Number of retired or separated participants receiving benefits2017-01-014
Number of other retired or separated participants entitled to future benefits2017-01-0142
Total of all active and inactive participants2017-01-01197
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-01197
Number of participants with account balances2017-01-01181
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-0127
2016: P&S INVESTMENT COMPANY, LCL BULK TRANSPORT, HFCS TRANSPORT, AND MORRISTOWN EXPRESS EMPLOYEES PROFIT SHARING & SAVINGS PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-01207
Total number of active participants reported on line 7a of the Form 55002016-01-01172
Number of retired or separated participants receiving benefits2016-01-017
Number of other retired or separated participants entitled to future benefits2016-01-0145
Total of all active and inactive participants2016-01-01224
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-01224
Number of participants with account balances2016-01-01223
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-0125
2015: P&S INVESTMENT COMPANY, LCL BULK TRANSPORT, HFCS TRANSPORT, AND MORRISTOWN EXPRESS EMPLOYEES PROFIT SHARING & SAVINGS PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-01229
Total number of active participants reported on line 7a of the Form 55002015-01-01161
Number of retired or separated participants receiving benefits2015-01-017
Number of other retired or separated participants entitled to future benefits2015-01-0139
Total of all active and inactive participants2015-01-01207
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-01207
Number of participants with account balances2015-01-01207
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-0118

Financial Data on P&S INVESTMENT COMPANY, LCL BULK TRANSPORT, HFCS TRANSPORT, AND MORRISTOWN EXPRESS EMPLOYEES PROFIT SHARING & SAVINGS PLAN

Measure Date Value
2022 : P&S INVESTMENT COMPANY, LCL BULK TRANSPORT, HFCS TRANSPORT, AND MORRISTOWN EXPRESS EMPLOYEES PROFIT SHARING & SAVINGS PLAN 2022 401k financial data
Total income from all sources (including contributions)2022-12-31$-988,829
Total of all expenses incurred2022-12-31$1,648,008
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$1,590,231
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$942,367
Value of total assets at end of year2022-12-31$10,552,858
Value of total assets at beginning of year2022-12-31$13,189,695
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$57,777
Total interest from all sources2022-12-31$10,702
Total dividends received (eg from common stock, registered investment company shares)2022-12-31$27,627
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2022-12-31$27,627
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$1,000,000
If this is an individual account plan, was there a blackout period2022-12-31No
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Contributions received from participants2022-12-31$345,954
Participant contributions at end of year2022-12-31$173,352
Participant contributions at beginning of year2022-12-31$247,522
Participant contributions at end of year2022-12-31$9,996
Participant contributions at beginning of year2022-12-31$777
Assets. Other investments not covered elsewhere at end of year2022-12-31$3,491,560
Assets. Other investments not covered elsewhere at beginning of year2022-12-31$2,674,029
Income. Received or receivable in cash from other sources (including rollovers)2022-12-31$1,652
Other income not declared elsewhere2022-12-31$-469,241
Administrative expenses (other) incurred2022-12-31$3,592
Total non interest bearing cash at beginning of year2022-12-31$13,649
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-2,636,837
Value of net assets at end of year (total assets less liabilities)2022-12-31$10,552,858
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$13,189,695
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2022-12-31No
Were any leases to which the plan was party in default or uncollectible2022-12-31No
Investment advisory and management fees2022-12-31$54,185
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-12-31$2,657,523
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-12-31$4,782,493
Interest on participant loans2022-12-31$10,702
Value of interest in common/collective trusts at end of year2022-12-31$3,696,030
Value of interest in common/collective trusts at beginning of year2022-12-31$5,041,225
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-12-31$-1,074,640
Net investment gain or loss from common/collective trusts2022-12-31$-425,644
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-12-31No
Was there a failure to transmit to the plan any participant contributions2022-12-31Yes
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Contributions received in cash from employer2022-12-31$594,761
Employer contributions (assets) at end of year2022-12-31$524,397
Employer contributions (assets) at beginning of year2022-12-31$430,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$1,590,231
Did the plan have assets held for investment2022-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-12-31No
Opinion of an independent qualified public accountant for this plan2022-12-31Unqualified
Accountancy firm name2022-12-31CLIFTONLARSONALLEN LLP
Accountancy firm EIN2022-12-31410746749
2021 : P&S INVESTMENT COMPANY, LCL BULK TRANSPORT, HFCS TRANSPORT, AND MORRISTOWN EXPRESS EMPLOYEES PROFIT SHARING & SAVINGS PLAN 2021 401k financial data
Total income from all sources (including contributions)2021-12-31$2,265,330
Total of all expenses incurred2021-12-31$2,752,007
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$2,685,265
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$691,348
Value of total assets at end of year2021-12-31$13,189,695
Value of total assets at beginning of year2021-12-31$13,676,372
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$66,742
Total interest from all sources2021-12-31$17,174
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$34,933
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2021-12-31$34,933
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$1,000,000
If this is an individual account plan, was there a blackout period2021-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-12-31$0
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Contributions received from participants2021-12-31$260,565
Participant contributions at end of year2021-12-31$247,522
Participant contributions at beginning of year2021-12-31$297,382
Participant contributions at end of year2021-12-31$777
Assets. Other investments not covered elsewhere at end of year2021-12-31$2,674,029
Income. Received or receivable in cash from other sources (including rollovers)2021-12-31$783
Other income not declared elsewhere2021-12-31$601,439
Administrative expenses (other) incurred2021-12-31$5,300
Total non interest bearing cash at end of year2021-12-31$13,649
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Value of net income/loss2021-12-31$-486,677
Value of net assets at end of year (total assets less liabilities)2021-12-31$13,189,695
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$13,676,372
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2021-12-31No
Were any leases to which the plan was party in default or uncollectible2021-12-31No
Investment advisory and management fees2021-12-31$61,442
Value of interest in registered invesment companies (eg mutual funds) at end of year2021-12-31$4,782,493
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2021-12-31$7,256,509
Interest on participant loans2021-12-31$17,174
Value of interest in common/collective trusts at end of year2021-12-31$5,041,225
Value of interest in common/collective trusts at beginning of year2021-12-31$5,772,481
Net investment gain/loss from registered investment companies (e.g. mutual funds)2021-12-31$720,116
Net investment gain or loss from common/collective trusts2021-12-31$200,320
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-12-31No
Was there a failure to transmit to the plan any participant contributions2021-12-31Yes
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Contributions received in cash from employer2021-12-31$430,000
Employer contributions (assets) at end of year2021-12-31$430,000
Employer contributions (assets) at beginning of year2021-12-31$350,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$2,685,265
Did the plan have assets held for investment2021-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-12-31No
Opinion of an independent qualified public accountant for this plan2021-12-31Unqualified
Accountancy firm name2021-12-31CLIFTONLARSONALLEN LLP
Accountancy firm EIN2021-12-31410746749
2020 : P&S INVESTMENT COMPANY, LCL BULK TRANSPORT, HFCS TRANSPORT, AND MORRISTOWN EXPRESS EMPLOYEES PROFIT SHARING & SAVINGS PLAN 2020 401k financial data
Total income from all sources (including contributions)2020-12-31$2,564,619
Total of all expenses incurred2020-12-31$1,817,738
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$1,758,713
Value of total corrective distributions2020-12-31$699
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$597,372
Value of total assets at end of year2020-12-31$13,676,372
Value of total assets at beginning of year2020-12-31$12,929,491
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$58,326
Total interest from all sources2020-12-31$19,329
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$55,084
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2020-12-31$55,084
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$1,000,000
If this is an individual account plan, was there a blackout period2020-12-31No
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Contributions received from participants2020-12-31$247,372
Participant contributions at end of year2020-12-31$297,382
Participant contributions at beginning of year2020-12-31$316,545
Administrative expenses (other) incurred2020-12-31$4,577
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Value of net income/loss2020-12-31$746,881
Value of net assets at end of year (total assets less liabilities)2020-12-31$13,676,372
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$12,929,491
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2020-12-31No
Were any leases to which the plan was party in default or uncollectible2020-12-31No
Investment advisory and management fees2020-12-31$53,749
Value of interest in registered invesment companies (eg mutual funds) at end of year2020-12-31$7,256,509
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2020-12-31$7,871,902
Interest on participant loans2020-12-31$19,329
Value of interest in common/collective trusts at end of year2020-12-31$5,772,481
Value of interest in common/collective trusts at beginning of year2020-12-31$4,303,044
Net investment gain/loss from registered investment companies (e.g. mutual funds)2020-12-31$1,508,074
Net investment gain or loss from common/collective trusts2020-12-31$384,760
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-12-31No
Was there a failure to transmit to the plan any participant contributions2020-12-31No
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Contributions received in cash from employer2020-12-31$350,000
Employer contributions (assets) at end of year2020-12-31$350,000
Employer contributions (assets) at beginning of year2020-12-31$438,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$1,758,713
Did the plan have assets held for investment2020-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-12-31No
Opinion of an independent qualified public accountant for this plan2020-12-31Disclaimer
Accountancy firm name2020-12-31CLIFTONLARSONALLEN LLP
Accountancy firm EIN2020-12-31410746749
2019 : P&S INVESTMENT COMPANY, LCL BULK TRANSPORT, HFCS TRANSPORT, AND MORRISTOWN EXPRESS EMPLOYEES PROFIT SHARING & SAVINGS PLAN 2019 401k financial data
Total income from all sources (including contributions)2019-12-31$2,926,511
Total of all expenses incurred2019-12-31$667,547
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$611,218
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$708,164
Value of total assets at end of year2019-12-31$12,929,491
Value of total assets at beginning of year2019-12-31$10,670,527
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$56,329
Total interest from all sources2019-12-31$20,470
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$86,638
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2019-12-31$86,638
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$1,000,000
If this is an individual account plan, was there a blackout period2019-12-31No
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Contributions received from participants2019-12-31$267,476
Participant contributions at end of year2019-12-31$316,545
Participant contributions at beginning of year2019-12-31$312,652
Administrative expenses (other) incurred2019-12-31$4,823
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Value of net income/loss2019-12-31$2,258,964
Value of net assets at end of year (total assets less liabilities)2019-12-31$12,929,491
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$10,670,527
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Investment advisory and management fees2019-12-31$51,506
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$7,871,902
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$6,233,100
Interest on participant loans2019-12-31$20,470
Value of interest in common/collective trusts at end of year2019-12-31$4,303,044
Value of interest in common/collective trusts at beginning of year2019-12-31$3,754,775
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$1,684,766
Net investment gain or loss from common/collective trusts2019-12-31$426,473
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Contributions received in cash from employer2019-12-31$440,688
Employer contributions (assets) at end of year2019-12-31$438,000
Employer contributions (assets) at beginning of year2019-12-31$370,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$611,218
Did the plan have assets held for investment2019-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31Yes
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Accountancy firm name2019-12-31CLIFTONLARSONALLEN LLP
Accountancy firm EIN2019-12-31410746749
2018 : P&S INVESTMENT COMPANY, LCL BULK TRANSPORT, HFCS TRANSPORT, AND MORRISTOWN EXPRESS EMPLOYEES PROFIT SHARING & SAVINGS PLAN 2018 401k financial data
Total income from all sources (including contributions)2018-12-31$282,252
Total of all expenses incurred2018-12-31$2,218,250
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$2,149,826
Value of total corrective distributions2018-12-31$979
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$611,857
Value of total assets at end of year2018-12-31$10,670,527
Value of total assets at beginning of year2018-12-31$12,606,525
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$67,445
Total interest from all sources2018-12-31$15,104
Total dividends received (eg from common stock, registered investment company shares)2018-12-31$72,707
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2018-12-31$72,707
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$500,000
If this is an individual account plan, was there a blackout period2018-12-31No
Were there any nonexempt tranactions with any party-in-interest2018-12-31No
Contributions received from participants2018-12-31$223,121
Participant contributions at end of year2018-12-31$312,652
Participant contributions at beginning of year2018-12-31$256,987
Income. Received or receivable in cash from other sources (including rollovers)2018-12-31$18,736
Administrative expenses (other) incurred2018-12-31$6,450
Total non interest bearing cash at beginning of year2018-12-31$7,857
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$-1,935,998
Value of net assets at end of year (total assets less liabilities)2018-12-31$10,670,527
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$12,606,525
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2018-12-31No
Were any leases to which the plan was party in default or uncollectible2018-12-31No
Investment advisory and management fees2018-12-31$60,995
Value of interest in registered invesment companies (eg mutual funds) at end of year2018-12-31$6,233,100
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2018-12-31$7,782,356
Interest on participant loans2018-12-31$15,104
Value of interest in common/collective trusts at end of year2018-12-31$3,754,775
Value of interest in common/collective trusts at beginning of year2018-12-31$4,189,325
Net investment gain/loss from registered investment companies (e.g. mutual funds)2018-12-31$-376,181
Net investment gain or loss from common/collective trusts2018-12-31$-41,235
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-12-31No
Was there a failure to transmit to the plan any participant contributions2018-12-31No
Has the plan failed to provide any benefit when due under the plan2018-12-31No
Contributions received in cash from employer2018-12-31$370,000
Employer contributions (assets) at end of year2018-12-31$370,000
Employer contributions (assets) at beginning of year2018-12-31$370,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$2,149,826
Did the plan have assets held for investment2018-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-12-31Yes
Opinion of an independent qualified public accountant for this plan2018-12-31Disclaimer
Accountancy firm name2018-12-31CLIFTONLARSONALLEN LLP
Accountancy firm EIN2018-12-31410746749
2017 : P&S INVESTMENT COMPANY, LCL BULK TRANSPORT, HFCS TRANSPORT, AND MORRISTOWN EXPRESS EMPLOYEES PROFIT SHARING & SAVINGS PLAN 2017 401k financial data
Total income from all sources (including contributions)2017-12-31$2,273,253
Total of all expenses incurred2017-12-31$1,068,952
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$1,003,203
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$633,101
Value of total assets at end of year2017-12-31$12,606,525
Value of total assets at beginning of year2017-12-31$11,402,224
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$65,749
Total interest from all sources2017-12-31$13,746
Total dividends received (eg from common stock, registered investment company shares)2017-12-31$84,429
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2017-12-31$84,429
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$500,000
If this is an individual account plan, was there a blackout period2017-12-31No
Were there any nonexempt tranactions with any party-in-interest2017-12-31No
Contributions received from participants2017-12-31$224,131
Participant contributions at end of year2017-12-31$256,987
Participant contributions at beginning of year2017-12-31$219,378
Income. Received or receivable in cash from other sources (including rollovers)2017-12-31$38,970
Other income not declared elsewhere2017-12-31$259
Administrative expenses (other) incurred2017-12-31$7,050
Total non interest bearing cash at end of year2017-12-31$7,857
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Value of net income/loss2017-12-31$1,204,301
Value of net assets at end of year (total assets less liabilities)2017-12-31$12,606,525
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$11,402,224
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2017-12-31No
Were any leases to which the plan was party in default or uncollectible2017-12-31No
Investment advisory and management fees2017-12-31$58,699
Value of interest in registered invesment companies (eg mutual funds) at end of year2017-12-31$7,782,356
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2017-12-31$6,022,327
Interest on participant loans2017-12-31$13,746
Value of interest in common/collective trusts at end of year2017-12-31$4,189,325
Value of interest in common/collective trusts at beginning of year2017-12-31$4,790,810
Net investment gain/loss from registered investment companies (e.g. mutual funds)2017-12-31$1,288,323
Net investment gain or loss from common/collective trusts2017-12-31$253,395
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-12-31No
Was there a failure to transmit to the plan any participant contributions2017-12-31No
Has the plan failed to provide any benefit when due under the plan2017-12-31No
Contributions received in cash from employer2017-12-31$370,000
Employer contributions (assets) at end of year2017-12-31$370,000
Employer contributions (assets) at beginning of year2017-12-31$369,709
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$1,003,203
Did the plan have assets held for investment2017-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-12-31Yes
Opinion of an independent qualified public accountant for this plan2017-12-31Disclaimer
Accountancy firm name2017-12-31SCHENCK, SC
Accountancy firm EIN2017-12-31391173131
2016 : P&S INVESTMENT COMPANY, LCL BULK TRANSPORT, HFCS TRANSPORT, AND MORRISTOWN EXPRESS EMPLOYEES PROFIT SHARING & SAVINGS PLAN 2016 401k financial data
Total income from all sources (including contributions)2016-12-31$1,253,639
Total of all expenses incurred2016-12-31$939,122
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$882,478
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$610,427
Value of total assets at end of year2016-12-31$11,402,224
Value of total assets at beginning of year2016-12-31$11,087,707
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$56,644
Total interest from all sources2016-12-31$14,386
Total dividends received (eg from common stock, registered investment company shares)2016-12-31$59,644
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2016-12-31$59,644
Was this plan covered by a fidelity bond2016-12-31Yes
Value of fidelity bond cover2016-12-31$500,000
If this is an individual account plan, was there a blackout period2016-12-31No
Were there any nonexempt tranactions with any party-in-interest2016-12-31No
Contributions received from participants2016-12-31$223,563
Participant contributions at end of year2016-12-31$219,378
Participant contributions at beginning of year2016-12-31$318,422
Participant contributions at beginning of year2016-12-31$4,222
Income. Received or receivable in cash from other sources (including rollovers)2016-12-31$17,155
Administrative expenses (other) incurred2016-12-31$5,000
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Value of net income/loss2016-12-31$314,517
Value of net assets at end of year (total assets less liabilities)2016-12-31$11,402,224
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$11,087,707
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2016-12-31No
Were any leases to which the plan was party in default or uncollectible2016-12-31No
Investment advisory and management fees2016-12-31$51,644
Value of interest in registered invesment companies (eg mutual funds) at end of year2016-12-31$6,022,327
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2016-12-31$4,774,899
Interest on participant loans2016-12-31$14,386
Value of interest in common/collective trusts at end of year2016-12-31$4,790,810
Value of interest in common/collective trusts at beginning of year2016-12-31$5,699,164
Net investment gain/loss from registered investment companies (e.g. mutual funds)2016-12-31$444,075
Net investment gain or loss from common/collective trusts2016-12-31$125,107
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-12-31No
Was there a failure to transmit to the plan any participant contributions2016-12-31No
Has the plan failed to provide any benefit when due under the plan2016-12-31No
Contributions received in cash from employer2016-12-31$369,709
Employer contributions (assets) at end of year2016-12-31$369,709
Employer contributions (assets) at beginning of year2016-12-31$291,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$882,478
Did the plan have assets held for investment2016-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-12-31Yes
Opinion of an independent qualified public accountant for this plan2016-12-31Disclaimer
Accountancy firm name2016-12-31SCHENCK, SC
Accountancy firm EIN2016-12-31391173131
2015 : P&S INVESTMENT COMPANY, LCL BULK TRANSPORT, HFCS TRANSPORT, AND MORRISTOWN EXPRESS EMPLOYEES PROFIT SHARING & SAVINGS PLAN 2015 401k financial data
Total transfer of assets to this plan2015-12-31$458
Total income from all sources (including contributions)2015-12-31$735,354
Total of all expenses incurred2015-12-31$313,051
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-12-31$252,267
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-12-31$623,450
Value of total assets at end of year2015-12-31$11,087,707
Value of total assets at beginning of year2015-12-31$10,664,946
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-12-31$60,784
Total interest from all sources2015-12-31$15,164
Total dividends received (eg from common stock, registered investment company shares)2015-12-31$56,952
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2015-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2015-12-31$56,952
Was this plan covered by a fidelity bond2015-12-31Yes
Value of fidelity bond cover2015-12-31$2,000,000
If this is an individual account plan, was there a blackout period2015-12-31No
Were there any nonexempt tranactions with any party-in-interest2015-12-31No
Contributions received from participants2015-12-31$245,313
Participant contributions at end of year2015-12-31$318,422
Participant contributions at beginning of year2015-12-31$254,361
Participant contributions at end of year2015-12-31$4,222
Income. Received or receivable in cash from other sources (including rollovers)2015-12-31$87,137
Other income not declared elsewhere2015-12-31$2,195
Administrative expenses (other) incurred2015-12-31$7,350
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Value of net income/loss2015-12-31$422,303
Value of net assets at end of year (total assets less liabilities)2015-12-31$11,087,707
Value of net assets at beginning of year (total assets less liabilities)2015-12-31$10,664,946
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2015-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2015-12-31No
Were any leases to which the plan was party in default or uncollectible2015-12-31No
Investment advisory and management fees2015-12-31$53,434
Value of interest in registered invesment companies (eg mutual funds) at end of year2015-12-31$4,774,899
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2015-12-31$5,988,483
Interest on participant loans2015-12-31$15,164
Value of interest in common/collective trusts at end of year2015-12-31$5,699,164
Value of interest in common/collective trusts at beginning of year2015-12-31$4,113,380
Net investment gain/loss from registered investment companies (e.g. mutual funds)2015-12-31$28,222
Net investment gain or loss from common/collective trusts2015-12-31$9,371
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2015-12-31No
Was there a failure to transmit to the plan any participant contributions2015-12-31No
Has the plan failed to provide any benefit when due under the plan2015-12-31No
Contributions received in cash from employer2015-12-31$291,000
Employer contributions (assets) at end of year2015-12-31$291,000
Employer contributions (assets) at beginning of year2015-12-31$308,722
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-12-31$252,267
Did the plan have assets held for investment2015-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2015-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2015-12-31Yes
Opinion of an independent qualified public accountant for this plan2015-12-31Disclaimer
Accountancy firm name2015-12-31SCHENCK, SC
Accountancy firm EIN2015-12-31391173131

Form 5500 Responses for P&S INVESTMENT COMPANY, LCL BULK TRANSPORT, HFCS TRANSPORT, AND MORRISTOWN EXPRESS EMPLOYEES PROFIT SHARING & SAVINGS PLAN

2022: P&S INVESTMENT COMPANY, LCL BULK TRANSPORT, HFCS TRANSPORT, AND MORRISTOWN EXPRESS EMPLOYEES PROFIT SHARING & SAVINGS PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: P&S INVESTMENT COMPANY, LCL BULK TRANSPORT, HFCS TRANSPORT, AND MORRISTOWN EXPRESS EMPLOYEES PROFIT SHARING & SAVINGS PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: P&S INVESTMENT COMPANY, LCL BULK TRANSPORT, HFCS TRANSPORT, AND MORRISTOWN EXPRESS EMPLOYEES PROFIT SHARING & SAVINGS PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: P&S INVESTMENT COMPANY, LCL BULK TRANSPORT, HFCS TRANSPORT, AND MORRISTOWN EXPRESS EMPLOYEES PROFIT SHARING & SAVINGS PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: P&S INVESTMENT COMPANY, LCL BULK TRANSPORT, HFCS TRANSPORT, AND MORRISTOWN EXPRESS EMPLOYEES PROFIT SHARING & SAVINGS PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: P&S INVESTMENT COMPANY, LCL BULK TRANSPORT, HFCS TRANSPORT, AND MORRISTOWN EXPRESS EMPLOYEES PROFIT SHARING & SAVINGS PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: P&S INVESTMENT COMPANY, LCL BULK TRANSPORT, HFCS TRANSPORT, AND MORRISTOWN EXPRESS EMPLOYEES PROFIT SHARING & SAVINGS 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: P&S INVESTMENT COMPANY, LCL BULK TRANSPORT, HFCS TRANSPORT, AND MORRISTOWN EXPRESS EMPLOYEES PROFIT SHARING & SAVINGS 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

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