401k Plan data: ATLANTA CUSTOMS BROKERS 401(K) PLAN plan

ATLANTA CUSTOMS BROKERS 401(K) PLAN 401k Plan overview

Plan Name	ATLANTA CUSTOMS BROKERS 401(K) PLAN
Plan identification number	001

ATLANTA CUSTOMS BROKERS 401(K) PLAN Benefits

401k Plan Type

Defined 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.
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.

401k Sponsoring company profile

ATLANTA CUSTOMS BROKERS & INTERNATIONAL FREIGHT FORWARDERS, INC. has sponsored the creation of one or more 401k plans.

Company Name: ATLANTA CUSTOMS BROKERS & INTERNATIONAL FREIGHT FORWARDERS, INC.

Employer identification number (EIN): 581685504

NAIC Classification: 488990

Form 5500 Filing Information

Submission information for form 5500 for 401k plan ATLANTA CUSTOMS BROKERS 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2022-01-01
001 2021-01-01
001 2020-01-01
001 2019-01-01
001 2018-01-01
001 2017-01-01 DEBORAH TORMA
001 2016-01-01 DEBORAH TORMA

Plan Statistics for ATLANTA CUSTOMS BROKERS 401(K) PLAN

401k plan membership statisitcs for ATLANTA CUSTOMS BROKERS 401(K) PLAN

Measure Date Value
2018: ATLANTA CUSTOMS BROKERS 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year 2018-01-01 8
Total number of active participants reported on line 7a of the Form 5500 2018-01-01 10
Number of retired or separated participants receiving benefits 2018-01-01 0
Number of other retired or separated participants entitled to future benefits 2018-01-01 0
Total of all active and inactive participants 2018-01-01 10
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2018-01-01 0
Total participants 2018-01-01 10
Number of participants with account balances 2018-01-01 10
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2018-01-01 0
2017: ATLANTA CUSTOMS BROKERS 401(K) PLAN 2017 401k membership
Total participants, beginning-of-year 2017-01-01 8
Total number of active participants reported on line 7a of the Form 5500 2017-01-01 8
Number of retired or separated participants receiving benefits 2017-01-01 0
Number of other retired or separated participants entitled to future benefits 2017-01-01 0
Total of all active and inactive participants 2017-01-01 8
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2017-01-01 0
Total participants 2017-01-01 8
Number of participants with account balances 2017-01-01 7
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2017-01-01 0
2016: ATLANTA CUSTOMS BROKERS 401(K) PLAN 2016 401k membership
Total participants, beginning-of-year 2016-01-01 8
Total number of active participants reported on line 7a of the Form 5500 2016-01-01 8
Number of retired or separated participants receiving benefits 2016-01-01 0
Number of other retired or separated participants entitled to future benefits 2016-01-01 0
Total of all active and inactive participants 2016-01-01 8
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2016-01-01 0
Total participants 2016-01-01 8
Number of participants with account balances 2016-01-01 8
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2016-01-01 0

Measure	Date	Value
2018: ATLANTA CUSTOMS BROKERS 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year	2018-01-01	8
Total number of active participants reported on line 7a of the Form 5500	2018-01-01	10
Number of retired or separated participants receiving benefits	2018-01-01	0
Number of other retired or separated participants entitled to future benefits	2018-01-01	0
Total of all active and inactive participants	2018-01-01	10
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2018-01-01	0
Total participants	2018-01-01	10
Number of participants with account balances	2018-01-01	10
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2018-01-01	0
2017: ATLANTA CUSTOMS BROKERS 401(K) PLAN 2017 401k membership
Total participants, beginning-of-year	2017-01-01	8
Total number of active participants reported on line 7a of the Form 5500	2017-01-01	8
Number of retired or separated participants receiving benefits	2017-01-01	0
Number of other retired or separated participants entitled to future benefits	2017-01-01	0
Total of all active and inactive participants	2017-01-01	8
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2017-01-01	0
Total participants	2017-01-01	8
Number of participants with account balances	2017-01-01	7
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2017-01-01	0
2016: ATLANTA CUSTOMS BROKERS 401(K) PLAN 2016 401k membership
Total participants, beginning-of-year	2016-01-01	8
Total number of active participants reported on line 7a of the Form 5500	2016-01-01	8
Number of retired or separated participants receiving benefits	2016-01-01	0
Number of other retired or separated participants entitled to future benefits	2016-01-01	0
Total of all active and inactive participants	2016-01-01	8
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2016-01-01	0
Total participants	2016-01-01	8
Number of participants with account balances	2016-01-01	8
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2016-01-01	0

Financial Data on ATLANTA CUSTOMS BROKERS 401(K) PLAN

Measure	Date	Value
2018 : ATLANTA CUSTOMS BROKERS 401(K) PLAN 2018 401k financial data
Total income from all sources	2018-12-31	$26,008
Expenses. Total of all expenses incurred	2018-12-31	$5,802
Total plan assets at end of year	2018-12-31	$383,229
Total plan assets at beginning of year	2018-12-31	$363,023
Value of fidelity bond covering the plan	2018-12-31	$40,000
Total contributions received or receivable from participants	2018-12-31	$24,457
Other income received	2018-12-31	$-16,669
Net income (gross income less expenses)	2018-12-31	$20,206
Net plan assets at end of year (total assets less liabilities)	2018-12-31	$383,229
Net plan assets at beginning of year (total assets less liabilities)	2018-12-31	$363,023
Assets. Value of participant loans	2018-12-31	$22,046
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-102	2018-12-31	$6,880
Total contributions received or receivable from employer(s)	2018-12-31	$18,220
Expenses. Administrative service providers (salaries,fees and commissions)	2018-12-31	$5,802
2017 : ATLANTA CUSTOMS BROKERS 401(K) PLAN 2017 401k financial data
Total income from all sources	2017-12-31	$89,631
Expenses. Total of all expenses incurred	2017-12-31	$10,278
Benefits paid (including direct rollovers)	2017-12-31	$5,252
Total plan assets at end of year	2017-12-31	$363,023
Total plan assets at beginning of year	2017-12-31	$283,670
Value of fidelity bond covering the plan	2017-12-31	$40,000
Total contributions received or receivable from participants	2017-12-31	$16,772
Other income received	2017-12-31	$56,934
Net income (gross income less expenses)	2017-12-31	$79,353
Net plan assets at end of year (total assets less liabilities)	2017-12-31	$363,023
Net plan assets at beginning of year (total assets less liabilities)	2017-12-31	$283,670
Assets. Value of participant loans	2017-12-31	$28,194
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-102	2017-12-31	$10,559
Total contributions received or receivable from employer(s)	2017-12-31	$15,925
Expenses. Administrative service providers (salaries,fees and commissions)	2017-12-31	$5,026
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2017-12-31	$0
2016 : ATLANTA CUSTOMS BROKERS 401(K) PLAN 2016 401k financial data
Total income from all sources	2016-12-31	$287,544
Expenses. Total of all expenses incurred	2016-12-31	$3,874
Benefits paid (including direct rollovers)	2016-12-31	$991
Total plan assets at end of year	2016-12-31	$283,670
Total plan assets at beginning of year	2016-12-31	$0
Total contributions received or receivable from participants	2016-12-31	$16,965
Contributions received from other sources (not participants or employers)	2016-12-31	$240,609
Other income received	2016-12-31	$13,741
Net income (gross income less expenses)	2016-12-31	$283,670
Net plan assets at end of year (total assets less liabilities)	2016-12-31	$283,670
Net plan assets at beginning of year (total assets less liabilities)	2016-12-31	$0
Total contributions received or receivable from employer(s)	2016-12-31	$16,229
Expenses. Administrative service providers (salaries,fees and commissions)	2016-12-31	$2,883
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2016-12-31	$0

Form 5500 Responses for ATLANTA CUSTOMS BROKERS 401(K) PLAN

2018: ATLANTA CUSTOMS BROKERS 401(K) PLAN 2018 form 5500 responses
2018-01-01	Type of plan entity	Single employer plan
2018-01-01	Submission has been amended	No
2018-01-01	This submission is the final filing	No
2018-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2018-01-01	Plan is a collectively bargained plan	No
2018-01-01	Plan funding arrangement – Trust	Yes
2018-01-01	Plan benefit arrangement - Trust	Yes
2017: ATLANTA CUSTOMS BROKERS 401(K) PLAN 2017 form 5500 responses
2017-01-01	Type of plan entity	Single employer plan
2017-01-01	Submission has been amended	No
2017-01-01	This submission is the final filing	No
2017-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2017-01-01	Plan is a collectively bargained plan	No
2017-01-01	Plan funding arrangement – Trust	Yes
2017-01-01	Plan benefit arrangement - Trust	Yes
2016: ATLANTA CUSTOMS BROKERS 401(K) PLAN 2016 form 5500 responses
2016-01-01	Type of plan entity	Single employer plan
2016-01-01	First time form 5500 has been submitted	Yes
2016-01-01	Submission has been amended	No
2016-01-01	This submission is the final filing	No
2016-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2016-01-01	Plan is a collectively bargained plan	No
2016-01-01	Plan funding arrangement – Trust	Yes
2016-01-01	Plan benefit arrangement - Trust	Yes

Insurance Providers Used on plan

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

Policy contract number

123091

Policy instance

Insurance contract or identification number	123091
Number of Individuals Covered	8
Insurance policy start date	2017-03-23
Insurance policy end date	2017-12-31
Total amount of commissions paid to insurance broker	USD $0
Total amount of fees paid to insurance company	USD $1,089
Are there contracts with allocated funds for individual policies?	0
Are there contracts with allocated funds for group deferred annuity?	No
Are there contracts with allocated funds for types other than group deferred annuity or individual?	No
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Contracts With Unallocated Funds Deposit Administration	0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?	No
Are there contracts with unallocated funds for contracts of type guaranteed investment?	No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	No
Health Insurance Welfare Benefit	No
Dental Insurance Welfare Benefit	No
Vision Insurance Welfare Benefit	No
Life Insurance Welfare Benefit	No
Temporary Disability Insurance Welfare Benefit	No
Long Term Disability Insurance Welfare Benefit	No
Unemployment Insurance Welfare Benefit	No
Were dividends or retroactive rate refunds paid in cash?	No
Were dividends or retroactive rate refunds paid as a credit?	No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Amount paid for insurance broker fees	939
Additional information about fees paid to insurance broker	BROKER COMMISSION
Insurance broker organization code?	3
Insurance broker name	DWC ERISA CONSULTANTS, LLC

Potentially related plans

ATLANTA CUSTOMS CREATIONS LLC GCF BENEFIT PLAN [EIN = 262005781]

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Company Name:	ATLANTA CUSTOMS BROKERS & INTERNATIONAL FREIGHT FORWARDERS, INC.
Employer identification number (EIN):	581685504
NAIC Classification:	488990

Plan id#	Filing Submission Date	Name of Administrator
001	2022-01-01
001	2021-01-01
001	2020-01-01
001	2019-01-01
001	2018-01-01
001	2017-01-01	DEBORAH TORMA
001	2016-01-01	DEBORAH TORMA