Profile
New Tex Trucking 401(K) Plan in Lubbock, TX is in Texas, its EIN is 823571975, its industry group is Specialized Freight Trucking, its plan administrator is Nancy Fox, is covered by a fidelity bond, an ERISA section 404(c) plan, self-administered by the plan sponsor, is a single-employer plan, its business code is 484200, has 100 to 499 total participants, and is better than the overall participant averages in each of net income per total participant, average account balance, and total administrative expense per participant.
Numeric values:
- total assets at beginning of plan year ($1,096,280)
- total assets ($843,111)
- net assets (assets minus liabilities) ($840K)
- value of interest in pooled separate accounts ($773,635)
- total expenses ($256,460)
- total contributions ($163,865)
- cash contributions from employers ($84,808)
- cash contributions from participants ($79,057)
- value of funds held in insurance company general account (unallocated contracts) ($69,476)
- average account balance ($6,066)
- total income ($3,291)
- average employer+participant cash contribution per active participant ($1,179)
- contract administrator fees ($906)
- total administrative expenses ($906)
- average employer cash contribution per active participant ($610.10)
- average participant cash contribution per active participant ($568.80)
- total administrative expense per participant ($6.52)
- total noninterest-bearing cash ($0)
- receivables - employer contributions ($0)
- receivables - participant contributions ($0)
- other receivables (not employer nor participant contributions) ($0)
- interest-bearing cash (e.g., money market accounts, certificates of deposit) ($0)
- U.S. government securities ($0.0K)
- corporate debt instruments (preferred & other than employer securities) ($0)
- corporate debt instruments (below preferred & other than employer securities) ($0)
- corporate preferred stocks (other than employer securities) ($0)
- corporate common stocks (other than employer securities) ($0)
- partnership/joint venture interests ($0)
- real estate (other than employer real property) ($0)
- loans (other than to participants) ($0)
- participant loans ($0)
- value of interest in common/collective trusts ($0)
- value of interest in master trust investment accounts ($0.0K)
- value of interest in 103-12 investment entities ($0)
- value of interest in registered investment companies (e.g., mutual funds) ($0.0K)
- other general investments ($0)
- employer-related securities investments ($0)
- employer-related real-property investments ($0)
- buildings and other property used in plan operation ($0)
- corrective distributions ($0)
- professional fees ($0)
- investment advisory and management fees ($0)
- other administrative expenses ($0)
- asset transfers to the plan ($0)
- asset transfers from the plan ($0)
- net income per total participant (-$1,821)
- earnings on investments (-$160,574)
- net earnings on investments (-$160,574)
- net income (-$253,169)
- percentage of active participants (100%)
- diversity of asset types (9.0%)
- total administrative expense ratio (0.110%)
- participant loans as a percentage of plan assets (0.00%)
- total cash as a percentage of plan assets (0.00%)
- employer securities as a percentage of plan assets (0.00%)
- yield on beginning-of-plan-year total assets (-14.65%)
- growth in total assets during the plan year (-23.1%)
- active participants (139)
- deceased participants whose beneficiaries receive or are entitled to benefits (0)
- living participants (139)
- other retired or separated participants entitled to future benefits (0)
- retired or separated participants receiving benefits (0)
- total participants (139)