Econo-Rail 401(K) & Profit Sharing Plan — Form 5500 plan (Trans-Global Solutions, Inc.)
Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Econo-Rail 401(K) & Profit Sharing Plan is a benefit plan reported by Trans-Global Solutions, Inc. under EIN 74-1974273 and plan number 001. The latest loaded filing year is 2023. The filing reports 498 participants and $10,387,749 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Trans-Global Solutions, Inc.
- EIN
- 74-1974273
- Plan number
- 001
- Plan type
- 2
- Location
- Beaumont, TX
- Latest filing year
- 2023
- Participants
- 498
- End-of-year plan assets
- $10,387,749
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 498 | H, C | 20250110133940NAL0022778064001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $10,387,749
- Total liabilities (EOY)
- $13,592
- Net assets (EOY)
- $10,374,157
- Net assets (BOY)
- $9,689,991
Income & contributions
- Employer contributions
- $315,139
- Participant contributions
- $1,063,813
- Total contributions
- $1,410,234
- Total income / additions
- $2,927,187
Expenses & distributions
- Benefits paid
- $2,181,599
- Administrative expenses
- $61,422
- Total expenses
- $2,243,021
- Net increase / (decrease)
- $684,166
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $29,952 | $0 | 2023 |
| Morgan Stanley Smith Barney LLC | INVESTMENT ADVISOR | $23,313 | not reported in the loaded dataset | 2023 |
| Doeren Mayhew Assurance | ACCOUNTANT/AUDITOR | $5,000 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Trans-Global Solutions, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in TX
- 401(k) and benefit plan filings in Beaumont, TX
- Fidelity Investments Institutional — Schedule C compensation
- Morgan Stanley Smith Barney LLC — Schedule C compensation
- Doeren Mayhew Assurance — Schedule C compensation