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KARL'S TRANSPORT, INC. 401(K) SAVINGS PLAN 401k Plan overview

Plan NameKARL'S TRANSPORT, INC. 401(K) SAVINGS PLAN
Plan identification number 001

KARL'S TRANSPORT, INC. 401(K) SAVINGS PLAN 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.
  • 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.
  • 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.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

KARL'S TRANSPORT, INC. has sponsored the creation of one or more 401k plans.

Company Name:KARL'S TRANSPORT, INC.
Employer identification number (EIN):391568443
NAIC Classification:484110
NAIC Description:General Freight Trucking, Local

Form 5500 Filing Information

Submission information for form 5500 for 401k plan KARL'S TRANSPORT, INC. 401(K) SAVINGS PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01
0012021-01-01
0012020-01-01
0012019-01-01
0012018-01-01
0012017-01-01JIL SCHULZ JIL SCHULZ2018-10-15
0012016-01-01JIL SCHULZ
0012015-01-01JIL SCHULZ
0012014-01-01GINA PAVEK
0012013-01-01GINA PAVEK
0012012-01-01GINA PAVEK
0012011-01-01GINA PAVEK GINA PAVEK2012-10-12
0012010-01-01KARL J. SCHULZ2011-05-05 KARL J. SCHULZ2011-05-05

Plan Statistics for KARL'S TRANSPORT, INC. 401(K) SAVINGS PLAN

401k plan membership statisitcs for KARL'S TRANSPORT, INC. 401(K) SAVINGS PLAN

Measure Date Value
2022: KARL'S TRANSPORT, INC. 401(K) SAVINGS PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-01176
Total number of active participants reported on line 7a of the Form 55002022-01-01157
Number of retired or separated participants receiving benefits2022-01-010
Number of other retired or separated participants entitled to future benefits2022-01-015
Total of all active and inactive participants2022-01-01162
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-010
Total participants2022-01-01162
Number of participants with account balances2022-01-0172
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-017
2021: KARL'S TRANSPORT, INC. 401(K) SAVINGS PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-01168
Total number of active participants reported on line 7a of the Form 55002021-01-01159
Number of retired or separated participants receiving benefits2021-01-010
Number of other retired or separated participants entitled to future benefits2021-01-017
Total of all active and inactive participants2021-01-01166
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-01166
Number of participants with account balances2021-01-0174
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-012
2020: KARL'S TRANSPORT, INC. 401(K) SAVINGS PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-01152
Total number of active participants reported on line 7a of the Form 55002020-01-01152
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-019
Total of all active and inactive participants2020-01-01161
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-011
Total participants2020-01-01162
Number of participants with account balances2020-01-0166
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-016
2019: KARL'S TRANSPORT, INC. 401(K) SAVINGS PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-01154
Total number of active participants reported on line 7a of the Form 55002019-01-01142
Number of retired or separated participants receiving benefits2019-01-010
Number of other retired or separated participants entitled to future benefits2019-01-019
Total of all active and inactive participants2019-01-01151
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-01151
Number of participants with account balances2019-01-0167
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-014
2018: KARL'S TRANSPORT, INC. 401(K) SAVINGS PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-01154
Total number of active participants reported on line 7a of the Form 55002018-01-01141
Number of retired or separated participants receiving benefits2018-01-010
Number of other retired or separated participants entitled to future benefits2018-01-0113
Total of all active and inactive participants2018-01-01154
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-01154
Number of participants with account balances2018-01-0172
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-013
2017: KARL'S TRANSPORT, INC. 401(K) SAVINGS PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-01146
Total number of active participants reported on line 7a of the Form 55002017-01-01143
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-018
Total of all active and inactive participants2017-01-01151
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-01151
Number of participants with account balances2017-01-0170
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-014
2016: KARL'S TRANSPORT, INC. 401(K) SAVINGS PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-01145
Total number of active participants reported on line 7a of the Form 55002016-01-01138
Number of retired or separated participants receiving benefits2016-01-011
Number of other retired or separated participants entitled to future benefits2016-01-014
Total of all active and inactive participants2016-01-01143
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-01143
Number of participants with account balances2016-01-0167
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-012
2015: KARL'S TRANSPORT, INC. 401(K) SAVINGS PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-01144
Total number of active participants reported on line 7a of the Form 55002015-01-01126
Number of retired or separated participants receiving benefits2015-01-012
Number of other retired or separated participants entitled to future benefits2015-01-014
Total of all active and inactive participants2015-01-01132
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-012
Total participants2015-01-01134
Number of participants with account balances2015-01-0168
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-013
2014: KARL'S TRANSPORT, INC. 401(K) SAVINGS PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-01143
Total number of active participants reported on line 7a of the Form 55002014-01-01129
Number of retired or separated participants receiving benefits2014-01-011
Number of other retired or separated participants entitled to future benefits2014-01-013
Total of all active and inactive participants2014-01-01133
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-01133
Number of participants with account balances2014-01-0165
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-011
2013: KARL'S TRANSPORT, INC. 401(K) SAVINGS PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-01132
Total number of active participants reported on line 7a of the Form 55002013-01-01132
Number of retired or separated participants receiving benefits2013-01-012
Number of other retired or separated participants entitled to future benefits2013-01-011
Total of all active and inactive participants2013-01-01135
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-01135
Number of participants with account balances2013-01-0162
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-011
2012: KARL'S TRANSPORT, INC. 401(K) SAVINGS PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-01128
Total number of active participants reported on line 7a of the Form 55002012-01-01117
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-012
Total of all active and inactive participants2012-01-01119
Total participants2012-01-01119
Number of participants with account balances2012-01-0160
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-011
2011: KARL'S TRANSPORT, INC. 401(K) SAVINGS PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-01121
Total number of active participants reported on line 7a of the Form 55002011-01-01109
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-012
Total of all active and inactive participants2011-01-01111
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-01111
Number of participants with account balances2011-01-0153
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010

Financial Data on KARL'S TRANSPORT, INC. 401(K) SAVINGS PLAN

Measure Date Value
2022 : KARL'S TRANSPORT, INC. 401(K) SAVINGS PLAN 2022 401k financial data
Total income from all sources (including contributions)2022-12-31$-284,128
Total of all expenses incurred2022-12-31$190,244
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$151,297
Value of total corrective distributions2022-12-31$9,318
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$406,292
Value of total assets at end of year2022-12-31$3,411,479
Value of total assets at beginning of year2022-12-31$3,885,851
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$29,629
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-12-31No
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$350,000
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$287,313
Participant contributions at end of year2022-12-31$110
Participant contributions at beginning of year2022-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-474,372
Value of net assets at end of year (total assets less liabilities)2022-12-31$3,411,479
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$3,885,851
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
Value of interest in pooled separate accounts at end of year2022-12-31$3,411,098
Value of interest in pooled separate accounts at beginning of year2022-12-31$3,883,668
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2022-12-31$205
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2022-12-31$2,183
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2022-12-31$2,183
Net investment gain/loss from pooled separate accounts2022-12-31$-690,420
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$118,979
Employer contributions (assets) at end of year2022-12-31$66
Employer contributions (assets) at beginning of year2022-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$151,297
Contract administrator fees2022-12-31$29,629
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 name2022-12-31CLIFTON LARSON ALLEN LLP
Accountancy firm EIN2022-12-31410746749
2021 : KARL'S TRANSPORT, INC. 401(K) SAVINGS PLAN 2021 401k financial data
Total income from all sources (including contributions)2021-12-31$862,933
Total of all expenses incurred2021-12-31$390,103
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$353,404
Value of total corrective distributions2021-12-31$2,128
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$375,085
Value of total assets at end of year2021-12-31$3,885,851
Value of total assets at beginning of year2021-12-31$3,413,021
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$34,571
Total interest from all sources2021-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-12-31No
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$341,303
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$270,844
Participant contributions at end of year2021-12-31$0
Participant contributions at beginning of year2021-12-31$33,593
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$472,830
Value of net assets at end of year (total assets less liabilities)2021-12-31$3,885,851
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$3,413,021
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
Value of interest in pooled separate accounts at end of year2021-12-31$3,883,668
Value of interest in pooled separate accounts at beginning of year2021-12-31$3,362,636
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2021-12-31$2,183
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2021-12-31$10,200
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2021-12-31$10,200
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2021-12-31$0
Net investment gain/loss from pooled separate accounts2021-12-31$487,848
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 contributions2021-12-31No
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Contributions received in cash from employer2021-12-31$104,241
Employer contributions (assets) at end of year2021-12-31$0
Employer contributions (assets) at beginning of year2021-12-31$6,592
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$353,404
Contract administrator fees2021-12-31$34,571
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 name2021-12-31CLIFTON LARSON ALLEN LLP
Accountancy firm EIN2021-12-31410746749
2020 : KARL'S TRANSPORT, INC. 401(K) SAVINGS PLAN 2020 401k financial data
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$0
Total income from all sources (including contributions)2020-12-31$788,325
Total of all expenses incurred2020-12-31$611,239
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$581,311
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$348,486
Value of total assets at end of year2020-12-31$3,413,021
Value of total assets at beginning of year2020-12-31$3,235,935
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$29,928
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31No
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$330,000
If this is an individual account plan, was there a blackout period2020-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-12-31$0
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Contributions received from participants2020-12-31$236,635
Participant contributions at end of year2020-12-31$33,593
Income. Received or receivable in cash from other sources (including rollovers)2020-12-31$3,565
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2020-12-31$0
Administrative expenses (other) incurred2020-12-31$29,928
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$177,086
Value of net assets at end of year (total assets less liabilities)2020-12-31$3,413,021
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$3,235,935
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
Value of interest in pooled separate accounts at end of year2020-12-31$3,362,636
Value of interest in pooled separate accounts at beginning of year2020-12-31$3,228,848
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2020-12-31$10,200
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2020-12-31$7,087
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2020-12-31$7,087
Net investment gain/loss from pooled separate accounts2020-12-31$439,839
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 contributions2020-12-31Yes
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Contributions received in cash from employer2020-12-31$108,286
Employer contributions (assets) at end of year2020-12-31$6,592
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$581,311
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 name2020-12-31CLIFTON LARSON ALLEN LLP
Accountancy firm EIN2020-12-31410746749
2019 : KARL'S TRANSPORT, INC. 401(K) SAVINGS PLAN 2019 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total income from all sources (including contributions)2019-12-31$937,450
Total of all expenses incurred2019-12-31$577,877
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$552,052
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$307,096
Value of total assets at end of year2019-12-31$3,235,935
Value of total assets at beginning of year2019-12-31$2,876,362
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$25,825
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Administrative expenses professional fees incurred2019-12-31$1,200
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$330,000
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$207,391
Participant contributions at beginning of year2019-12-31$17,358
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2019-12-31$979
Administrative expenses (other) incurred2019-12-31$937
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$359,573
Value of net assets at end of year (total assets less liabilities)2019-12-31$3,235,935
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$2,876,362
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
Value of interest in pooled separate accounts at end of year2019-12-31$3,228,848
Value of interest in pooled separate accounts at beginning of year2019-12-31$2,852,499
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2019-12-31$7,087
Net investment gain/loss from pooled separate accounts2019-12-31$630,354
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 contributions2019-12-31Yes
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Contributions received in cash from employer2019-12-31$99,705
Employer contributions (assets) at beginning of year2019-12-31$6,505
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$551,073
Contract administrator fees2019-12-31$23,688
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 name2019-12-31CLIFTON LARSON ALLEN LLP
Accountancy firm EIN2019-12-31410746749
2018 : KARL'S TRANSPORT, INC. 401(K) SAVINGS PLAN 2018 401k financial data
Total income from all sources (including contributions)2018-12-31$148,918
Total of all expenses incurred2018-12-31$448,315
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$448,315
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$344,535
Value of total assets at end of year2018-12-31$2,876,362
Value of total assets at beginning of year2018-12-31$3,175,759
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-12-31No
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$300,000
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$235,523
Participant contributions at end of year2018-12-31$17,358
Participant contributions at beginning of year2018-12-31$12,159
Assets. Other investments not covered elsewhere at beginning of year2018-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$-299,397
Value of net assets at end of year (total assets less liabilities)2018-12-31$2,876,362
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$3,175,759
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
Value of interest in pooled separate accounts at end of year2018-12-31$2,852,499
Value of interest in pooled separate accounts at beginning of year2018-12-31$3,159,727
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2018-12-31$0
Net investment gain/loss from pooled separate accounts2018-12-31$-195,617
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$109,012
Employer contributions (assets) at end of year2018-12-31$6,505
Employer contributions (assets) at beginning of year2018-12-31$3,873
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$448,315
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 name2018-12-31KERBERROSE SC
Accountancy firm EIN2018-12-31391658423
2017 : KARL'S TRANSPORT, INC. 401(K) SAVINGS PLAN 2017 401k financial data
Total income from all sources (including contributions)2017-12-31$827,212
Total of all expenses incurred2017-12-31$679,785
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$651,689
Value of total corrective distributions2017-12-31$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$341,531
Value of total assets at end of year2017-12-31$3,175,759
Value of total assets at beginning of year2017-12-31$3,028,332
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$28,096
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-12-31No
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$300,000
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$239,287
Participant contributions at end of year2017-12-31$12,159
Participant contributions at beginning of year2017-12-31$13,000
Assets. Other investments not covered elsewhere at end of year2017-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2017-12-31$0
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2017-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2017-12-31$88
Administrative expenses (other) incurred2017-12-31$7,293
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
Income. Non cash contributions2017-12-31$0
Value of net income/loss2017-12-31$147,427
Value of net assets at end of year (total assets less liabilities)2017-12-31$3,175,759
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$3,028,332
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$0
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2017-12-31$1,157,293
Value of interest in pooled separate accounts at end of year2017-12-31$3,159,727
Value of interest in common/collective trusts at beginning of year2017-12-31$1,851,368
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2017-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2017-12-31$421,161
Net investment gain/loss from pooled separate accounts2017-12-31$0
Net investment gain or loss from common/collective trusts2017-12-31$64,520
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$102,244
Employer contributions (assets) at end of year2017-12-31$3,873
Employer contributions (assets) at beginning of year2017-12-31$6,583
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$651,689
Contract administrator fees2017-12-31$20,803
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 name2017-12-31KERBERROSE SC
Accountancy firm EIN2017-12-31391658423
2016 : KARL'S TRANSPORT, INC. 401(K) SAVINGS PLAN 2016 401k financial data
Total income from all sources (including contributions)2016-12-31$511,465
Total of all expenses incurred2016-12-31$276,695
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$260,067
Value of total corrective distributions2016-12-31$57
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$298,511
Value of total assets at end of year2016-12-31$3,028,332
Value of total assets at beginning of year2016-12-31$2,793,562
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$16,571
Total dividends received (eg from common stock, registered investment company shares)2016-12-31$13,393
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$13,393
Was this plan covered by a fidelity bond2016-12-31Yes
Value of fidelity bond cover2016-12-31$300,000
If this is an individual account plan, was there a blackout period2016-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0
Were there any nonexempt tranactions with any party-in-interest2016-12-31No
Contributions received from participants2016-12-31$203,107
Participant contributions at end of year2016-12-31$13,000
Participant contributions at beginning of year2016-12-31$10,723
Value of other receiveables (less allowance for doubtful accounts) at end of year2016-12-31$88
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2016-12-31$104
Administrative expenses (other) incurred2016-12-31$500
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$234,770
Value of net assets at end of year (total assets less liabilities)2016-12-31$3,028,332
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$2,793,562
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$16,071
Value of interest in registered invesment companies (eg mutual funds) at end of year2016-12-31$1,157,293
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2016-12-31$1,033,874
Value of interest in common/collective trusts at end of year2016-12-31$1,851,368
Value of interest in common/collective trusts at beginning of year2016-12-31$1,743,143
Net investment gain/loss from registered investment companies (e.g. mutual funds)2016-12-31$116,737
Net investment gain or loss from common/collective trusts2016-12-31$82,824
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$95,404
Employer contributions (assets) at end of year2016-12-31$6,583
Employer contributions (assets) at beginning of year2016-12-31$5,718
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$260,067
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 name2016-12-31KRAUSE HOWARD & CO SC
Accountancy firm EIN2016-12-31391561732
2015 : KARL'S TRANSPORT, INC. 401(K) SAVINGS PLAN 2015 401k financial data
Total income from all sources (including contributions)2015-12-31$267,002
Total of all expenses incurred2015-12-31$384,266
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-12-31$364,013
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-12-31$295,931
Value of total assets at end of year2015-12-31$2,793,562
Value of total assets at beginning of year2015-12-31$2,910,826
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-12-31$20,253
Total dividends received (eg from common stock, registered investment company shares)2015-12-31$13,102
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$13,102
Was this plan covered by a fidelity bond2015-12-31Yes
Value of fidelity bond cover2015-12-31$250,000
If this is an individual account plan, was there a blackout period2015-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-12-31$0
Were there any nonexempt tranactions with any party-in-interest2015-12-31No
Contributions received from participants2015-12-31$203,441
Participant contributions at end of year2015-12-31$10,723
Participant contributions at beginning of year2015-12-31$12,193
Value of other receiveables (less allowance for doubtful accounts) at end of year2015-12-31$104
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2015-12-31$94
Other income not declared elsewhere2015-12-31$12
Administrative expenses (other) incurred2015-12-31$850
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Value of net income/loss2015-12-31$-117,264
Value of net assets at end of year (total assets less liabilities)2015-12-31$2,793,562
Value of net assets at beginning of year (total assets less liabilities)2015-12-31$2,910,826
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$19,403
Value of interest in registered invesment companies (eg mutual funds) at end of year2015-12-31$1,033,874
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2015-12-31$1,070,378
Value of interest in common/collective trusts at end of year2015-12-31$1,743,143
Value of interest in common/collective trusts at beginning of year2015-12-31$1,821,975
Net investment gain/loss from registered investment companies (e.g. mutual funds)2015-12-31$-40,425
Net investment gain or loss from common/collective trusts2015-12-31$-1,618
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 contributions2015-12-31Yes
Has the plan failed to provide any benefit when due under the plan2015-12-31No
Contributions received in cash from employer2015-12-31$92,490
Employer contributions (assets) at end of year2015-12-31$5,718
Employer contributions (assets) at beginning of year2015-12-31$6,186
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-12-31$364,013
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 name2015-12-31KRAUSE HOWARD & CO SC
Accountancy firm EIN2015-12-31391561732
2014 : KARL'S TRANSPORT, INC. 401(K) SAVINGS PLAN 2014 401k financial data
Total income from all sources (including contributions)2014-12-31$462,102
Total of all expenses incurred2014-12-31$207,472
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-12-31$185,434
Value of total corrective distributions2014-12-31$1,443
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-12-31$298,265
Value of total assets at end of year2014-12-31$2,910,826
Value of total assets at beginning of year2014-12-31$2,656,196
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-12-31$20,595
Total dividends received (eg from common stock, registered investment company shares)2014-12-31$13,390
Total dividends received from registered investment company shares (eg mutual funds)2014-12-31$13,390
Administrative expenses professional fees incurred2014-12-31$1,869
Was this plan covered by a fidelity bond2014-12-31Yes
Value of fidelity bond cover2014-12-31$250,000
If this is an individual account plan, was there a blackout period2014-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-12-31$0
Were there any nonexempt tranactions with any party-in-interest2014-12-31No
Contributions received from participants2014-12-31$192,025
Participant contributions at end of year2014-12-31$12,193
Participant contributions at beginning of year2014-12-31$12,165
Income. Received or receivable in cash from other sources (including rollovers)2014-12-31$19,531
Value of other receiveables (less allowance for doubtful accounts) at end of year2014-12-31$94
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2014-12-31$81
Other income not declared elsewhere2014-12-31$10
Administrative expenses (other) incurred2014-12-31$455
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Value of net income/loss2014-12-31$254,630
Value of net assets at end of year (total assets less liabilities)2014-12-31$2,910,826
Value of net assets at beginning of year (total assets less liabilities)2014-12-31$2,656,196
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2014-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2014-12-31No
Were any leases to which the plan was party in default or uncollectible2014-12-31No
Investment advisory and management fees2014-12-31$18,271
Value of interest in registered invesment companies (eg mutual funds) at end of year2014-12-31$1,070,378
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2014-12-31$964,760
Value of interest in common/collective trusts at end of year2014-12-31$1,821,975
Value of interest in common/collective trusts at beginning of year2014-12-31$1,672,439
Net investment gain/loss from registered investment companies (e.g. mutual funds)2014-12-31$48,002
Net investment gain or loss from common/collective trusts2014-12-31$102,435
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2014-12-31No
Was there a failure to transmit to the plan any participant contributions2014-12-31Yes
Has the plan failed to provide any benefit when due under the plan2014-12-31No
Contributions received in cash from employer2014-12-31$86,709
Employer contributions (assets) at end of year2014-12-31$6,186
Employer contributions (assets) at beginning of year2014-12-31$6,751
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-12-31$185,434
Did the plan have assets held for investment2014-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2014-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2014-12-31Yes
Opinion of an independent qualified public accountant for this plan2014-12-31Disclaimer
Accountancy firm name2014-12-31KRAUSE HOWARD & CO SC
Accountancy firm EIN2014-12-31391561732
2013 : KARL'S TRANSPORT, INC. 401(K) SAVINGS PLAN 2013 401k financial data
Total income from all sources (including contributions)2013-12-31$754,788
Total of all expenses incurred2013-12-31$218,280
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-12-31$196,422
Value of total corrective distributions2013-12-31$32
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-12-31$270,427
Value of total assets at end of year2013-12-31$2,656,196
Value of total assets at beginning of year2013-12-31$2,119,688
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-12-31$21,826
Total dividends received (eg from common stock, registered investment company shares)2013-12-31$10,172
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2013-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2013-12-31$10,172
Was this plan covered by a fidelity bond2013-12-31Yes
Value of fidelity bond cover2013-12-31$250,000
If this is an individual account plan, was there a blackout period2013-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-12-31$0
Were there any nonexempt tranactions with any party-in-interest2013-12-31No
Contributions received from participants2013-12-31$177,009
Participant contributions at end of year2013-12-31$12,165
Participant contributions at beginning of year2013-12-31$11,816
Income. Received or receivable in cash from other sources (including rollovers)2013-12-31$11,340
Value of other receiveables (less allowance for doubtful accounts) at end of year2013-12-31$81
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2013-12-31$75
Other income not declared elsewhere2013-12-31$291
Administrative expenses (other) incurred2013-12-31$374
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Value of net income/loss2013-12-31$536,508
Value of net assets at end of year (total assets less liabilities)2013-12-31$2,656,196
Value of net assets at beginning of year (total assets less liabilities)2013-12-31$2,119,688
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2013-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2013-12-31No
Were any leases to which the plan was party in default or uncollectible2013-12-31No
Investment advisory and management fees2013-12-31$21,452
Value of interest in registered invesment companies (eg mutual funds) at end of year2013-12-31$964,760
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2013-12-31$673,891
Value of interest in common/collective trusts at end of year2013-12-31$1,672,439
Value of interest in common/collective trusts at beginning of year2013-12-31$1,427,409
Net investment gain/loss from registered investment companies (e.g. mutual funds)2013-12-31$197,041
Net investment gain or loss from common/collective trusts2013-12-31$276,857
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2013-12-31No
Was there a failure to transmit to the plan any participant contributions2013-12-31No
Has the plan failed to provide any benefit when due under the plan2013-12-31No
Contributions received in cash from employer2013-12-31$82,078
Employer contributions (assets) at end of year2013-12-31$6,751
Employer contributions (assets) at beginning of year2013-12-31$6,497
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-12-31$196,422
Did the plan have assets held for investment2013-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2013-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2013-12-31Yes
Opinion of an independent qualified public accountant for this plan2013-12-31Disclaimer
Accountancy firm name2013-12-31KRAUSE HOWARD & COMPANY SC
Accountancy firm EIN2013-12-31391561732
2012 : KARL'S TRANSPORT, INC. 401(K) SAVINGS PLAN 2012 401k financial data
Total income from all sources (including contributions)2012-12-31$471,901
Total of all expenses incurred2012-12-31$152,626
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$134,090
Value of total corrective distributions2012-12-31$4,347
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-31$233,927
Value of total assets at end of year2012-12-31$2,119,688
Value of total assets at beginning of year2012-12-31$1,800,413
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$14,189
Total dividends received (eg from common stock, registered investment company shares)2012-12-31$8,889
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2012-12-31$8,889
Was this plan covered by a fidelity bond2012-12-31Yes
Value of fidelity bond cover2012-12-31$250,000
If this is an individual account plan, was there a blackout period2012-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
Were there any nonexempt tranactions with any party-in-interest2012-12-31No
Contributions received from participants2012-12-31$160,677
Participant contributions at end of year2012-12-31$11,816
Participant contributions at beginning of year2012-12-31$6,729
Value of other receiveables (less allowance for doubtful accounts) at end of year2012-12-31$75
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2012-12-31$58
Other income not declared elsewhere2012-12-31$17
Administrative expenses (other) incurred2012-12-31$350
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Value of net income/loss2012-12-31$319,275
Value of net assets at end of year (total assets less liabilities)2012-12-31$2,119,688
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$1,800,413
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2012-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2012-12-31No
Were any leases to which the plan was party in default or uncollectible2012-12-31No
Investment advisory and management fees2012-12-31$13,839
Value of interest in registered invesment companies (eg mutual funds) at end of year2012-12-31$673,891
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2012-12-31$508,045
Value of interest in common/collective trusts at end of year2012-12-31$1,427,409
Value of interest in common/collective trusts at beginning of year2012-12-31$1,282,612
Net investment gain/loss from registered investment companies (e.g. mutual funds)2012-12-31$76,506
Net investment gain or loss from common/collective trusts2012-12-31$152,562
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-12-31No
Was there a failure to transmit to the plan any participant contributions2012-12-31Yes
Has the plan failed to provide any benefit when due under the plan2012-12-31No
Contributions received in cash from employer2012-12-31$73,250
Employer contributions (assets) at end of year2012-12-31$6,497
Employer contributions (assets) at beginning of year2012-12-31$2,969
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$134,090
Did the plan have assets held for investment2012-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2012-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-12-31Yes
Opinion of an independent qualified public accountant for this plan2012-12-31Disclaimer
Accountancy firm name2012-12-31KRAUSE HOWARD & COMPANY, SC
Accountancy firm EIN2012-12-31391561732
2011 : KARL'S TRANSPORT, INC. 401(K) SAVINGS PLAN 2011 401k financial data
Total unrealized appreciation/depreciation of assets2011-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$0
Total income from all sources (including contributions)2011-12-31$167,428
Total loss/gain on sale of assets2011-12-31$0
Total of all expenses incurred2011-12-31$145,555
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$129,087
Value of total corrective distributions2011-12-31$2,889
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$223,110
Value of total assets at end of year2011-12-31$1,800,413
Value of total assets at beginning of year2011-12-31$1,778,540
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$13,579
Total interest from all sources2011-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2011-12-31$7,017
Total dividends received from registered investment company shares (eg mutual funds)2011-12-31$7,017
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$250,000
If this is an individual account plan, was there a blackout period2011-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
Were there any nonexempt tranactions with any party-in-interest2011-12-31No
Contributions received from participants2011-12-31$154,857
Participant contributions at end of year2011-12-31$6,729
Participant contributions at beginning of year2011-12-31$5,788
Value of other receiveables (less allowance for doubtful accounts) at end of year2011-12-31$58
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2011-12-31$112
Administrative expenses (other) incurred2011-12-31$450
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Value of net income/loss2011-12-31$21,873
Value of net assets at end of year (total assets less liabilities)2011-12-31$1,800,413
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$1,778,540
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2011-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2011-12-31No
Were any leases to which the plan was party in default or uncollectible2011-12-31No
Investment advisory and management fees2011-12-31$13,129
Value of interest in registered invesment companies (eg mutual funds) at end of year2011-12-31$508,045
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2011-12-31$594,658
Value of interest in common/collective trusts at end of year2011-12-31$1,282,612
Value of interest in common/collective trusts at beginning of year2011-12-31$1,175,382
Net investment gain/loss from registered investment companies (e.g. mutual funds)2011-12-31$-37,135
Net investment gain or loss from common/collective trusts2011-12-31$-25,564
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-12-31No
Was there a failure to transmit to the plan any participant contributions2011-12-31Yes
Has the plan failed to provide any benefit when due under the plan2011-12-31No
Contributions received in cash from employer2011-12-31$68,253
Employer contributions (assets) at end of year2011-12-31$2,969
Employer contributions (assets) at beginning of year2011-12-31$2,600
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$129,087
Did the plan have assets held for investment2011-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2011-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-12-31Yes
Opinion of an independent qualified public accountant for this plan2011-12-31Disclaimer
Accountancy firm name2011-12-31KRAUSE HOWARD & COMPANY, SC
Accountancy firm EIN2011-12-31391561732

Form 5500 Responses for KARL'S TRANSPORT, INC. 401(K) SAVINGS PLAN

2022: KARL'S TRANSPORT, INC. 401(K) SAVINGS PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedNo
2022-01-01This submission is the final filingNo
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – InsuranceYes
2022-01-01Plan benefit arrangement – InsuranceYes
2021: KARL'S TRANSPORT, INC. 401(K) SAVINGS PLAN 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 benefit arrangement – InsuranceYes
2020: KARL'S TRANSPORT, INC. 401(K) SAVINGS PLAN 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 planNo
2020-01-01Plan funding arrangement – InsuranceYes
2020-01-01Plan benefit arrangement – InsuranceYes
2019: KARL'S TRANSPORT, INC. 401(K) SAVINGS PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – InsuranceYes
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement – InsuranceYes
2019-01-01Plan benefit arrangement - TrustYes
2018: KARL'S TRANSPORT, INC. 401(K) SAVINGS PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – InsuranceYes
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement – InsuranceYes
2018-01-01Plan benefit arrangement - TrustYes
2017: KARL'S TRANSPORT, INC. 401(K) SAVINGS PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – InsuranceYes
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement – InsuranceYes
2017-01-01Plan benefit arrangement - TrustYes
2016: KARL'S TRANSPORT, INC. 401(K) 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: KARL'S TRANSPORT, INC. 401(K) 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
2014: KARL'S TRANSPORT, INC. 401(K) SAVINGS PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: KARL'S TRANSPORT, INC. 401(K) SAVINGS PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: KARL'S TRANSPORT, INC. 401(K) SAVINGS PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: KARL'S TRANSPORT, INC. 401(K) SAVINGS PLAN 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 – TrustYes
2011-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number126917
Policy instance 1
Insurance contract or identification number126917
Number of Individuals Covered77
Insurance policy start date2022-01-01
Insurance policy end date2022-12-31
Total amount of commissions paid to insurance brokerUSD $10,444
Total amount of fees paid to insurance companyUSD $2,803
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $8,702
Insurance broker organization code?3
Amount paid for insurance broker fees2803
Additional information about fees paid to insurance brokerOTHER ADMINISTRATIVE FEES
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number126917
Policy instance 1
Insurance contract or identification number126917
Number of Individuals Covered77
Insurance policy start date2021-01-01
Insurance policy end date2021-12-31
Total amount of commissions paid to insurance brokerUSD $11,018
Total amount of fees paid to insurance companyUSD $7,938
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $9,180
Insurance broker organization code?3
Amount paid for insurance broker fees2102
Additional information about fees paid to insurance brokerOTHER ADMINISTRATIVE FEES
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number126917
Policy instance 1
Insurance contract or identification number126917
Number of Individuals Covered71
Insurance policy start date2020-01-01
Insurance policy end date2020-12-31
Total amount of commissions paid to insurance brokerUSD $9,496
Total amount of fees paid to insurance companyUSD $701
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $7,912
Insurance broker organization code?3
Amount paid for insurance broker fees701
Additional information about fees paid to insurance brokerOTHER PAYMENTS
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number126917
Policy instance 1
Insurance contract or identification number126917
Number of Individuals Covered69
Insurance policy start date2019-01-01
Insurance policy end date2019-12-31
Total amount of commissions paid to insurance brokerUSD $7,950
Total amount of fees paid to insurance companyUSD $2,837
Commission paid to Insurance BrokerUSD $7,950
Insurance broker organization code?3
Amount paid for insurance broker fees2837
Additional information about fees paid to insurance brokerTPA FEES TPA COMPENSATION OTHER ALLOWANCE
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number126917
Policy instance 1
Insurance contract or identification number126917
Number of Individuals Covered74
Insurance policy start date2018-01-01
Insurance policy end date2018-12-31
Total amount of commissions paid to insurance brokerUSD $6,072
Total amount of fees paid to insurance companyUSD $2,625
Commission paid to Insurance BrokerUSD $6,072
Insurance broker organization code?3
Amount paid for insurance broker fees2625
Additional information about fees paid to insurance brokerTPA FEES
JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )
Policy contract number126917
Policy instance 1
Insurance contract or identification number126917
Insurance policy start date2017-01-31
Insurance policy end date2017-12-31
Total amount of commissions paid to insurance brokerUSD $42,127
Total amount of fees paid to insurance companyUSD $1,125
Commission paid to Insurance BrokerUSD $31,730
Insurance broker organization code?3
Amount paid for insurance broker fees1125
Additional information about fees paid to insurance brokerTPA FEES
Insurance broker nameNORTHWESTERN WISCONSIN ASSOCIATES

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