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TURNER GRAND LOGISTICS 401K TRUST 401k Plan overview

Plan NameTURNER GRAND LOGISTICS 401K TRUST
Plan identification number 001

TURNER GRAND LOGISTICS 401K TRUST Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • 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.
  • 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

TURNER GRAND LOGISTICS INC. has sponsored the creation of one or more 401k plans.

Company Name:TURNER GRAND LOGISTICS INC.
Employer identification number (EIN):851196592
NAIC Classification:484120
NAIC Description: General Freight Trucking, Long-Distance

Form 5500 Filing Information

Submission information for form 5500 for 401k plan TURNER GRAND LOGISTICS 401K TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01DE'ANDRE TURNER2023-07-31 DE'ANDRE TURNER2023-07-31
0012021-01-01
0012020-06-02

Plan Statistics for TURNER GRAND LOGISTICS 401K TRUST

401k plan membership statisitcs for TURNER GRAND LOGISTICS 401K TRUST

Measure Date Value
2022: TURNER GRAND LOGISTICS 401K TRUST 2022 401k membership
Total participants, beginning-of-year2022-01-011
Total number of active participants reported on line 7a of the Form 55002022-01-011
Number of retired or separated participants receiving benefits2022-01-010
Number of other retired or separated participants entitled to future benefits2022-01-010
Total of all active and inactive participants2022-01-011
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-010
Total participants2022-01-011
Number of participants with account balances2022-01-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-010
2021: TURNER GRAND LOGISTICS 401K TRUST 2021 401k membership
Total participants, beginning-of-year2021-01-011
Total number of active participants reported on line 7a of the Form 55002021-01-011
Number of retired or separated participants receiving benefits2021-01-010
Number of other retired or separated participants entitled to future benefits2021-01-010
Total of all active and inactive participants2021-01-011
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-011
Number of participants with account balances2021-01-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-010
2020: TURNER GRAND LOGISTICS 401K TRUST 2020 401k membership
Total participants, beginning-of-year2020-06-020
Total number of active participants reported on line 7a of the Form 55002020-06-021
Number of retired or separated participants receiving benefits2020-06-020
Number of other retired or separated participants entitled to future benefits2020-06-020
Total of all active and inactive participants2020-06-021
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-06-020
Total participants2020-06-021
Number of participants with account balances2020-06-021
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-06-020

Financial Data on TURNER GRAND LOGISTICS 401K TRUST

Measure Date Value
2022 : TURNER GRAND LOGISTICS 401K TRUST 2022 401k financial data
Total income from all sources2022-12-31$-26,037
Expenses. Total of all expenses incurred2022-12-31$0
Total plan assets at end of year2022-12-31$158,766
Total plan assets at beginning of year2022-12-31$184,803
Other income received2022-12-31$-26,037
Net income (gross income less expenses)2022-12-31$-26,037
Net plan assets at end of year (total assets less liabilities)2022-12-31$158,766
Net plan assets at beginning of year (total assets less liabilities)2022-12-31$184,803
Assets. Value of employer securities2022-12-31$158,766
2021 : TURNER GRAND LOGISTICS 401K TRUST 2021 401k financial data
Total income from all sources2021-12-31$66,657
Expenses. Total of all expenses incurred2021-12-31$0
Total plan assets at end of year2021-12-31$184,803
Total plan assets at beginning of year2021-12-31$118,146
Other income received2021-12-31$66,657
Net income (gross income less expenses)2021-12-31$66,657
Net plan assets at end of year (total assets less liabilities)2021-12-31$184,803
Net plan assets at beginning of year (total assets less liabilities)2021-12-31$118,146
Assets. Value of employer securities2021-12-31$161,641
2020 : TURNER GRAND LOGISTICS 401K TRUST 2020 401k financial data
Total income from all sources2020-12-31$118,146
Expenses. Total of all expenses incurred2020-12-31$0
Total plan assets at end of year2020-12-31$118,146
Total plan assets at beginning of year2020-12-31$0
Contributions received from other sources (not participants or employers)2020-12-31$120,171
Other income received2020-12-31$-2,025
Net income (gross income less expenses)2020-12-31$118,146
Net plan assets at end of year (total assets less liabilities)2020-12-31$118,146
Net plan assets at beginning of year (total assets less liabilities)2020-12-31$0
Assets. Value of employer securities2020-12-31$80,500

Form 5500 Responses for TURNER GRAND LOGISTICS 401K TRUST

2022: TURNER GRAND LOGISTICS 401K TRUST 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 – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: TURNER GRAND LOGISTICS 401K TRUST 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 – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: TURNER GRAND LOGISTICS 401K TRUST 2020 form 5500 responses
2020-06-02Type of plan entitySingle employer plan
2020-06-02First time form 5500 has been submittedYes
2020-06-02Submission has been amendedNo
2020-06-02This submission is the final filingNo
2020-06-02This return/report is a short plan year return/report (less than 12 months)Yes
2020-06-02Plan is a collectively bargained planNo
2020-06-02Plan funding arrangement – TrustYes
2020-06-02Plan benefit arrangement - TrustYes

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