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ONEWAY XPRESS 401(K) PLAN 401k Plan overview

Plan NameONEWAY XPRESS 401(K) PLAN
Plan identification number 001

ONEWAY XPRESS 401(K) 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.
  • 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.
  • 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.
  • 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

ONEWAY XPRESS, LLC has sponsored the creation of one or more 401k plans.

Company Name:ONEWAY XPRESS, LLC
Employer identification number (EIN):800744872
NAIC Classification:484120
NAIC Description: General Freight Trucking, Long-Distance

Additional information about ONEWAY XPRESS, LLC

Jurisdiction of Incorporation: Georgia Department of States Corporations Division
Incorporation Date:
Company Identification Number: 1599444

More information about ONEWAY XPRESS, LLC

Form 5500 Filing Information

Submission information for form 5500 for 401k plan ONEWAY XPRESS 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012024-01-01ERISA FIDUCIARY SERVICES
0012023-01-01WILLIAM PERRY2024-09-06
0012022-01-01WILLIAM PERRY2023-10-14
0012021-01-01WILLIAM PERRY2022-10-17
0012020-01-01WILLIAM PERRY2021-07-07
0012019-01-01WILLIAM PERRY2020-07-24
0012018-01-01WILLIAM PERRY2019-06-18
0012017-01-01WILLIAM PERRY2018-06-06
0012016-01-01WILLIAM PERRY2017-07-05

Financial Data on ONEWAY XPRESS 401(K) PLAN

Measure Date Value
2024 : ONEWAY XPRESS 401(K) PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-09-062135
Net assets as of the end of the plan year2024-09-0674812
Total assets as of the beginning of the plan year2024-09-0666809
Value of plan covered by a fidelity bond2024-09-06100000
Other income to plan in this plan year2024-09-0610138
Plan net income in this plan year2024-09-068003
Net assets as of the end of the plan year2024-09-0674812
Net assets as of the beginning of the plan year2024-09-0666809
Fees paid to broker by Benefit Provider2024-09-06389
Expensese paid to adminstrative service provicers from plan in this plan year2024-09-061053
Transfers to/from the plan2024-01-01$0
Total plan liabilities at end of year2024-01-01$0
Total plan liabilities at beginning of year2024-01-01$0
Total income from all sources2024-01-01$9,564
Expenses. Total of all expenses incurred2024-01-01$1,189
Benefits paid (including direct rollovers)2024-01-01$0
Total plan assets at end of year2024-01-01$83,187
Total plan assets at beginning of year2024-01-01$74,812
Value of fidelity bond covering the plan2024-01-01$20,000
Total contributions received or receivable from participants2024-01-01$0
Expenses. Other expenses not covered elsewhere2024-01-01$0
Contributions received from other sources (not participants or employers)2024-01-01$0
Other income received2024-01-01$8,007
Net income (gross income less expenses)2024-01-01$8,375
Net plan assets at end of year (total assets less liabilities)2024-01-01$83,187
Net plan assets at beginning of year (total assets less liabilities)2024-01-01$74,812
Assets. Value of participant loans2024-01-01$42,000
Total contributions received or receivable from employer(s)2024-01-01$1,557
Value of certain deemed distributions of participant loans2024-01-01$0
Value of corrective distributions2024-01-01$0
Expenses. Administrative service providers (salaries,fees and commissions)2024-01-01$1,189

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