FIRSTGROUP SERVICES, INC. has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan LEGACY GREYHOUND LINES, INC./AMALGAMATED TRANSIT UNION NATIONAL LOCAL 1700 RETIREMENT PLAN
401k plan membership statisitcs for LEGACY GREYHOUND LINES, INC./AMALGAMATED TRANSIT UNION NATIONAL LOCAL 1700 RETIREMENT PLAN
| Measure | Date | Value |
|---|
| 2022: LEGACY GREYHOUND LINES, INC./AMALGAMATED TRANSIT UNION NATIONAL LOCAL 1700 RETIREMENT PLAN 2022 401k membership |
|---|
| Market value of plan assets | 2022-12-31 | 322,821,799 |
| Acturial value of plan assets | 2022-12-31 | 316,234,740 |
| Funding target for retired participants and beneficiaries receiving payment | 2022-12-31 | 268,607,397 |
| Number of terminated vested participants | 2022-12-31 | 131 |
| Fundng target for terminated vested participants | 2022-12-31 | 3,835,950 |
| Active participant vested funding target | 2022-12-31 | 4,528,340 |
| Number of active participants | 2022-12-31 | 31 |
| Total funding liabilities for active participants | 2022-12-31 | 4,528,354 |
| Total participant count | 2022-12-31 | 5,876 |
| Total funding target for all participants | 2022-12-31 | 276,971,701 |
| Balance at beginning of prior year after applicable adjustments | 2022-12-31 | 571,306 |
| Prefunding balance at beginning of prior year after applicable adjustments | 2022-12-31 | 49,815,659 |
| Amount remaining of carryover balance | 2022-12-31 | 571,306 |
| Amount remaining of prefunding balance | 2022-12-31 | 49,815,659 |
| Present value of excess contributions | 2022-12-31 | 13,980,585 |
| Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2022-12-31 | 14,724,352 |
| Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2022-12-31 | 0 |
| Reductions in caryover balances due to elections or deemed elections | 2022-12-31 | 616,039 |
| Reductions in prefunding balances due to elections or deemed elections | 2022-12-31 | 15,953,186 |
| Balance of carryovers at beginning of current year | 2022-12-31 | 0 |
| Balance of prefunding at beginning of current year | 2022-12-31 | 37,763,039 |
| Total employer contributions | 2022-12-31 | 0 |
| Total employee contributions | 2022-12-31 | 0 |
| Contributions allocated toward unpaid minimum require contributions from prior years | 2022-12-31 | 0 |
| Contributions made to avoid restrictions adjusted to valuation date | 2022-12-31 | 0 |
| Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2022-12-31 | 0 |
| Unpaid minimum required contributions for all prior years | 2022-12-31 | 0 |
| iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2022-12-31 | 0 |
| Remaining amount of unpaid minimum required contributions | 2022-12-31 | 0 |
| Minimum required contributions for current year target normal cost | 2022-12-31 | 1,500,000 |
| Net shortfall amortization installment of oustanding balance | 2022-12-31 | 0 |
| Total funding amount beforereflecting carryover/prefunding balances | 2022-12-31 | 0 |
| Additional cash requirement | 2022-12-31 | 0 |
| Contributions allocatedtoward minimum required contributions for current year | 2022-12-31 | 0 |
| Unpaid minimum required contributions for current year | 2022-12-31 | 0 |
| Unpaid minimum required contributions for all years | 2022-12-31 | 0 |
| Total participants, beginning-of-year | 2022-01-01 | 5,876 |
| Total number of active participants reported on line 7a of the Form 5500 | 2022-01-01 | 22 |
| Number of retired or separated participants receiving benefits | 2022-01-01 | 4,269 |
| Number of other retired or separated participants entitled to future benefits | 2022-01-01 | 95 |
| Total of all active and inactive participants | 2022-01-01 | 4,386 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2022-01-01 | 1,138 |
| Total participants | 2022-01-01 | 5,524 |
| 2021: LEGACY GREYHOUND LINES, INC./AMALGAMATED TRANSIT UNION NATIONAL LOCAL 1700 RETIREMENT PLAN 2021 401k membership |
|---|
| Market value of plan assets | 2021-12-31 | 317,377,502 |
| Acturial value of plan assets | 2021-12-31 | 300,026,685 |
| Funding target for retired participants and beneficiaries receiving payment | 2021-12-31 | 290,401,296 |
| Number of terminated vested participants | 2021-12-31 | 155 |
| Fundng target for terminated vested participants | 2021-12-31 | 4,711,338 |
| Active participant vested funding target | 2021-12-31 | 6,211,871 |
| Number of active participants | 2021-12-31 | 42 |
| Total funding liabilities for active participants | 2021-12-31 | 6,212,543 |
| Total participant count | 2021-12-31 | 6,301 |
| Total funding target for all participants | 2021-12-31 | 301,325,177 |
| Balance at beginning of prior year after applicable adjustments | 2021-12-31 | 520,031 |
| Prefunding balance at beginning of prior year after applicable adjustments | 2021-12-31 | 30,252 |
| Amount remaining of carryover balance | 2021-12-31 | 520,031 |
| Amount remaining of prefunding balance | 2021-12-31 | 30,252 |
| Present value of excess contributions | 2021-12-31 | 47,407,317 |
| Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2021-12-31 | 49,782,424 |
| Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2021-12-31 | 49,782,424 |
| Reductions in caryover balances due to elections or deemed elections | 2021-12-31 | 0 |
| Reductions in prefunding balances due to elections or deemed elections | 2021-12-31 | 0 |
| Balance of carryovers at beginning of current year | 2021-12-31 | 571,306 |
| Balance of prefunding at beginning of current year | 2021-12-31 | 49,815,659 |
| Total employer contributions | 2021-12-31 | 22,824,998 |
| Total employee contributions | 2021-12-31 | 0 |
| Contributions allocated toward unpaid minimum require contributions from prior years | 2021-12-31 | 0 |
| Contributions made to avoid restrictions adjusted to valuation date | 2021-12-31 | 0 |
| Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2021-12-31 | 21,599,832 |
| Unpaid minimum required contributions for all prior years | 2021-12-31 | 0 |
| iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2021-12-31 | 0 |
| Remaining amount of unpaid minimum required contributions | 2021-12-31 | 0 |
| Minimum required contributions for current year target normal cost | 2021-12-31 | 2,800,000 |
| Net shortfall amortization installment of oustanding balance | 2021-12-31 | 51,685,457 |
| Total funding amount beforereflecting carryover/prefunding balances | 2021-12-31 | 7,619,247 |
| Additional cash requirement | 2021-12-31 | 7,619,247 |
| Contributions allocatedtoward minimum required contributions for current year | 2021-12-31 | 21,599,832 |
| Unpaid minimum required contributions for current year | 2021-12-31 | 0 |
| Unpaid minimum required contributions for all years | 2021-12-31 | 0 |
| Total participants, beginning-of-year | 2021-01-01 | 6,301 |
| Total number of active participants reported on line 7a of the Form 5500 | 2021-01-01 | 31 |
| Number of retired or separated participants receiving benefits | 2021-01-01 | 4,514 |
| Number of other retired or separated participants entitled to future benefits | 2021-01-01 | 131 |
| Total of all active and inactive participants | 2021-01-01 | 4,676 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2021-01-01 | 1,200 |
| Total participants | 2021-01-01 | 5,876 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2021-01-01 | 0 |
| Measure | Date | Value |
|---|
| 2022 : LEGACY GREYHOUND LINES, INC./AMALGAMATED TRANSIT UNION NATIONAL LOCAL 1700 RETIREMENT PLAN 2022 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2022-12-31 | $-17,062,801 |
| Total unrealized appreciation/depreciation of assets | 2022-12-31 | $-17,062,801 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $12,391,319 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $16,811,677 |
| Total income from all sources (including contributions) | 2022-12-31 | $-38,483,501 |
| Total loss/gain on sale of assets | 2022-12-31 | $-29,633,337 |
| Total of all expenses incurred | 2022-12-31 | $37,839,446 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $35,492,540 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $6,654,565 |
| Value of total assets at end of year | 2022-12-31 | $252,393,038 |
| Value of total assets at beginning of year | 2022-12-31 | $333,136,343 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $2,346,906 |
| Total interest from all sources | 2022-12-31 | $4,461,856 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $1,765,400 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2022-12-31 | $1,684,200 |
| Administrative expenses professional fees incurred | 2022-12-31 | $326,868 |
| Assets. Corporate prefeered stocks other than exployer securities at end of year | 2022-12-31 | $1,280,500 |
| Assets. Corporate prefeered stocks other than exployer securities at beginning of year | 2022-12-31 | $1,598,430 |
| Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
| Value of fidelity bond cover | 2022-12-31 | $500,000 |
| Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
| Assets. Other investments not covered elsewhere at end of year | 2022-12-31 | $2,168,990 |
| Assets. Other investments not covered elsewhere at beginning of year | 2022-12-31 | $4,109,639 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2022-12-31 | $10,021,483 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2022-12-31 | $7,638,752 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2022-12-31 | $12,202,665 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2022-12-31 | $16,707,525 |
| Administrative expenses (other) incurred | 2022-12-31 | $1,261,800 |
| Liabilities. Value of operating payables at end of year | 2022-12-31 | $188,654 |
| Liabilities. Value of operating payables at beginning of year | 2022-12-31 | $104,152 |
| Total non interest bearing cash at end of year | 2022-12-31 | $3,601,091 |
| Total non interest bearing cash at beginning of year | 2022-12-31 | $3,113,449 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
| Value of net income/loss | 2022-12-31 | $-76,322,947 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $240,001,719 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $316,324,666 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-12-31 | Yes |
| Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year | 2022-12-31 | $746,930 |
| Were any leases to which the plan was party in default or uncollectible | 2022-12-31 | No |
| Investment advisory and management fees | 2022-12-31 | $758,238 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $91,565,282 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $47,726,250 |
| Interest earned on other investments | 2022-12-31 | $414,476 |
| Income. Interest from US Government securities | 2022-12-31 | $459,712 |
| Income. Interest from corporate debt instruments | 2022-12-31 | $1,818,456 |
| Value of interest in common/collective trusts at end of year | 2022-12-31 | $0 |
| Value of interest in common/collective trusts at beginning of year | 2022-12-31 | $18,535,367 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2022-12-31 | $546,764 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2022-12-31 | $169,393,368 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2022-12-31 | $169,393,368 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2022-12-31 | $1,769,212 |
| Asset value of US Government securities at end of year | 2022-12-31 | $99,728,350 |
| Asset value of US Government securities at beginning of year | 2022-12-31 | $14,359,124 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $478,439 |
| Net investment gain or loss from common/collective trusts | 2022-12-31 | $-5,147,623 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2022-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-12-31 | No |
| Contributions received in cash from employer | 2022-12-31 | $6,654,565 |
| Income. Dividends from preferred stock | 2022-12-31 | $81,200 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $35,492,540 |
| Asset. Corporate debt instrument preferred debt at end of year | 2022-12-31 | $43,474,901 |
| Asset. Corporate debt instrument preferred debt at beginning of year | 2022-12-31 | $66,653,523 |
| Assets. Value of buildings and other operty used in plan operation at end of year | 2022-12-31 | $5,677 |
| Assets. Value of buildings and other operty used in plan operation at beginning of year | 2022-12-31 | $8,441 |
| Did the plan have assets held for investment | 2022-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-12-31 | No |
| Aggregate proceeds on sale of assets | 2022-12-31 | $1,992,729,554 |
| Aggregate carrying amount (costs) on sale of assets | 2022-12-31 | $2,022,362,891 |
| Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
| Accountancy firm name | 2022-12-31 | CLIFTONLARSONALLEN LLP |
| Accountancy firm EIN | 2022-12-31 | 410746749 |
| 2021 : LEGACY GREYHOUND LINES, INC./AMALGAMATED TRANSIT UNION NATIONAL LOCAL 1700 RETIREMENT PLAN 2021 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2021-12-31 | $-19,369,624 |
| Total unrealized appreciation/depreciation of assets | 2021-12-31 | $-19,369,624 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $16,811,677 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $42,504,998 |
| Total income from all sources (including contributions) | 2021-12-31 | $90,367,520 |
| Total loss/gain on sale of assets | 2021-12-31 | $60,674,099 |
| Total of all expenses incurred | 2021-12-31 | $41,637,932 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $38,074,727 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $67,009,079 |
| Value of total assets at end of year | 2021-12-31 | $333,136,343 |
| Value of total assets at beginning of year | 2021-12-31 | $310,100,076 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $3,563,205 |
| Total interest from all sources | 2021-12-31 | $5,624,665 |
| Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $1,184,038 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2021-12-31 | $717,821 |
| Administrative expenses professional fees incurred | 2021-12-31 | $320,286 |
| Assets. Corporate prefeered stocks other than exployer securities at end of year | 2021-12-31 | $1,598,430 |
| Assets. Corporate prefeered stocks other than exployer securities at beginning of year | 2021-12-31 | $1,628,900 |
| Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
| Value of fidelity bond cover | 2021-12-31 | $500,000 |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2021-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
| Assets. Other investments not covered elsewhere at end of year | 2021-12-31 | $4,109,639 |
| Assets. Other investments not covered elsewhere at beginning of year | 2021-12-31 | $3,750,719 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2021-12-31 | $7,638,752 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2021-12-31 | $20,003,416 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2021-12-31 | $16,707,525 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2021-12-31 | $42,252,859 |
| Other income not declared elsewhere | 2021-12-31 | $2,680 |
| Administrative expenses (other) incurred | 2021-12-31 | $2,214,020 |
| Liabilities. Value of operating payables at end of year | 2021-12-31 | $104,152 |
| Liabilities. Value of operating payables at beginning of year | 2021-12-31 | $252,139 |
| Total non interest bearing cash at end of year | 2021-12-31 | $3,113,449 |
| Total non interest bearing cash at beginning of year | 2021-12-31 | $4,415,814 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
| Value of net income/loss | 2021-12-31 | $48,729,588 |
| Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $316,324,666 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $267,595,078 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2021-12-31 | Yes |
| Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year | 2021-12-31 | $747,678 |
| Were any leases to which the plan was party in default or uncollectible | 2021-12-31 | No |
| Investment advisory and management fees | 2021-12-31 | $1,028,899 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $47,726,250 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $36,946,969 |
| Interest earned on other investments | 2021-12-31 | $1,670,412 |
| Income. Interest from US Government securities | 2021-12-31 | $1,368,410 |
| Income. Interest from corporate debt instruments | 2021-12-31 | $2,575,035 |
| Value of interest in common/collective trusts at end of year | 2021-12-31 | $18,535,367 |
| Value of interest in common/collective trusts at beginning of year | 2021-12-31 | $65,264,894 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2021-12-31 | $169,393,368 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2021-12-31 | $31,405,864 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2021-12-31 | $31,405,864 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2021-12-31 | $10,808 |
| Asset value of US Government securities at end of year | 2021-12-31 | $14,359,124 |
| Asset value of US Government securities at beginning of year | 2021-12-31 | $26,208,693 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $-19,127,882 |
| Net investment gain or loss from common/collective trusts | 2021-12-31 | $-5,629,535 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-12-31 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2021-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2021-12-31 | No |
| Contributions received in cash from employer | 2021-12-31 | $67,009,079 |
| Employer contributions (assets) at end of year | 2021-12-31 | $0 |
| Employer contributions (assets) at beginning of year | 2021-12-31 | $23,503,378 |
| Income. Dividends from preferred stock | 2021-12-31 | $81,200 |
| Income. Dividends from common stock | 2021-12-31 | $385,017 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $38,074,727 |
| Asset. Corporate debt instrument preferred debt at end of year | 2021-12-31 | $66,653,523 |
| Asset. Corporate debt instrument preferred debt at beginning of year | 2021-12-31 | $65,555,181 |
| Assets. Corporate common stocks other than exployer securities at end of year | 2021-12-31 | $0 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2021-12-31 | $31,403,899 |
| Assets. Value of buildings and other operty used in plan operation at end of year | 2021-12-31 | $8,441 |
| Assets. Value of buildings and other operty used in plan operation at beginning of year | 2021-12-31 | $12,349 |
| Did the plan have assets held for investment | 2021-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-12-31 | No |
| Aggregate proceeds on sale of assets | 2021-12-31 | $1,079,348,592 |
| Aggregate carrying amount (costs) on sale of assets | 2021-12-31 | $1,018,674,493 |
| Opinion of an independent qualified public accountant for this plan | 2021-12-31 | Unqualified |
| Accountancy firm name | 2021-12-31 | CLIFTONLARSONALLEN LLP |
| Accountancy firm EIN | 2021-12-31 | 410746749 |
