401k Plan data: INTERNATIONAL MOTOR FREIGHT, INC. 401(K) PLAN plan

INTERNATIONAL MOTOR FREIGHT, INC. 401(K) PLAN 401k Plan overview

Plan Name	INTERNATIONAL MOTOR FREIGHT, INC. 401(K) PLAN
Plan identification number	001

INTERNATIONAL MOTOR FREIGHT, INC. 401(K) PLAN Benefits

401k Plan Type

Defined 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.
Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
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.
Prototype plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion or notification letter; and under which a seperate funding medium (for example, a seperate trust or custodial account) is established for the use of each adopting employer.

401k Sponsoring company profile

INTERNATIONAL MOTOR FREIGHT, INC. has sponsored the creation of one or more 401k plans.

Company Name: INTERNATIONAL MOTOR FREIGHT, INC.

Employer identification number (EIN): 222821936

NAIC Classification: 484110
NAIC Description: General Freight Trucking, Local

Form 5500 Filing Information

Submission information for form 5500 for 401k plan INTERNATIONAL MOTOR FREIGHT, INC. 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2023-01-01 STEVE DRISCOLL 2024-02-08 CHRISTOPHER GRATO 2024-02-08
001 2022-01-01 STEVE DRISCOLL 2023-03-24 CHRISTOPHER GRATO 2023-03-24
001 2021-01-01 STEVE DRISCOLL 2022-08-24 CHRIS GRATO 2022-08-24
001 2020-01-01 STEPHEN DRISCOLL 2021-09-10 CHRISTOPHER GRATO 2021-09-10
001 2019-01-01 STEPHEN DRISCOLL 2020-04-20 CHRISTOPHER GRATO 2020-04-20
001 2018-01-01 STEPHEN DRISCOLL 2019-08-12
001 2017-01-01
001 2016-01-01
001 2015-01-01
001 2014-01-01
001 2013-01-01
001 2012-01-01 STEPHEN DRISCOLL 2013-09-27 STEPHEN DRISCOLL 2013-09-27
001 2011-01-01 STEPHEN DRISCOLL 2012-08-21 STEPHEN DRISCOLL 2012-08-21
001 2010-01-01 STEPHEN DRISCOLL 2011-07-20 STEPHEN DRISCOLL 2011-07-20

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2023-01-01	STEVE DRISCOLL	2024-02-08	CHRISTOPHER GRATO	2024-02-08
001	2022-01-01	STEVE DRISCOLL	2023-03-24	CHRISTOPHER GRATO	2023-03-24
001	2021-01-01	STEVE DRISCOLL	2022-08-24	CHRIS GRATO	2022-08-24
001	2020-01-01	STEPHEN DRISCOLL	2021-09-10	CHRISTOPHER GRATO	2021-09-10
001	2019-01-01	STEPHEN DRISCOLL	2020-04-20	CHRISTOPHER GRATO	2020-04-20
001	2018-01-01	STEPHEN DRISCOLL	2019-08-12
001	2017-01-01
001	2016-01-01
001	2015-01-01
001	2014-01-01
001	2013-01-01
001	2012-01-01	STEPHEN DRISCOLL	2013-09-27	STEPHEN DRISCOLL	2013-09-27
001	2011-01-01	STEPHEN DRISCOLL	2012-08-21	STEPHEN DRISCOLL	2012-08-21
001	2010-01-01	STEPHEN DRISCOLL	2011-07-20	STEPHEN DRISCOLL	2011-07-20

Plan Statistics for INTERNATIONAL MOTOR FREIGHT, INC. 401(K) PLAN

401k plan membership statisitcs for INTERNATIONAL MOTOR FREIGHT, INC. 401(K) PLAN

Measure Date Value
2023: INTERNATIONAL MOTOR FREIGHT, INC. 401(K) PLAN 2023 401k membership
Total participants, beginning-of-year 2023-01-01 133
Total number of active participants reported on line 7a of the Form 5500 2023-01-01 124
Number of retired or separated participants receiving benefits 2023-01-01 0
Number of other retired or separated participants entitled to future benefits 2023-01-01 7
Total of all active and inactive participants 2023-01-01 131
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2023-01-01 0
Total participants 2023-01-01 131
Number of participants with account balances 2023-01-01 80
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2023-01-01 0
2022: INTERNATIONAL MOTOR FREIGHT, INC. 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 131
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 124
Number of retired or separated participants receiving benefits 2022-01-01 0
Number of other retired or separated participants entitled to future benefits 2022-01-01 6
Total of all active and inactive participants 2022-01-01 130
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 0
Total participants 2022-01-01 130
Number of participants with account balances 2022-01-01 76
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 0
2021: INTERNATIONAL MOTOR FREIGHT, INC. 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 124
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 117
Number of other retired or separated participants entitled to future benefits 2021-01-01 6
Total of all active and inactive participants 2021-01-01 123
Total participants 2021-01-01 123
Number of participants with account balances 2021-01-01 76
2020: INTERNATIONAL MOTOR FREIGHT, INC. 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year 2020-01-01 126
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 119
Number of other retired or separated participants entitled to future benefits 2020-01-01 5
Total of all active and inactive participants 2020-01-01 124
Total participants 2020-01-01 124
Number of participants with account balances 2020-01-01 70
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 0
2019: INTERNATIONAL MOTOR FREIGHT, INC. 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year 2019-01-01 125
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 121
Number of other retired or separated participants entitled to future benefits 2019-01-01 5
Total of all active and inactive participants 2019-01-01 126
Total participants 2019-01-01 126
Number of participants with account balances 2019-01-01 69
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-01-01 0
2018: INTERNATIONAL MOTOR FREIGHT, INC. 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year 2018-01-01 122
Total number of active participants reported on line 7a of the Form 5500 2018-01-01 106
Number of other retired or separated participants entitled to future benefits 2018-01-01 19
Total of all active and inactive participants 2018-01-01 125
Total participants 2018-01-01 125
Number of participants with account balances 2018-01-01 81
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2018-01-01 0

Measure	Date	Value
2023: INTERNATIONAL MOTOR FREIGHT, INC. 401(K) PLAN 2023 401k membership
Total participants, beginning-of-year	2023-01-01	133
Total number of active participants reported on line 7a of the Form 5500	2023-01-01	124
Number of retired or separated participants receiving benefits	2023-01-01	0
Number of other retired or separated participants entitled to future benefits	2023-01-01	7
Total of all active and inactive participants	2023-01-01	131
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2023-01-01	0
Total participants	2023-01-01	131
Number of participants with account balances	2023-01-01	80
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2023-01-01	0
2022: INTERNATIONAL MOTOR FREIGHT, INC. 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	131
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	124
Number of retired or separated participants receiving benefits	2022-01-01	0
Number of other retired or separated participants entitled to future benefits	2022-01-01	6
Total of all active and inactive participants	2022-01-01	130
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	0
Total participants	2022-01-01	130
Number of participants with account balances	2022-01-01	76
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	0
2021: INTERNATIONAL MOTOR FREIGHT, INC. 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	124
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	117
Number of other retired or separated participants entitled to future benefits	2021-01-01	6
Total of all active and inactive participants	2021-01-01	123
Total participants	2021-01-01	123
Number of participants with account balances	2021-01-01	76
2020: INTERNATIONAL MOTOR FREIGHT, INC. 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year	2020-01-01	126
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	119
Number of other retired or separated participants entitled to future benefits	2020-01-01	5
Total of all active and inactive participants	2020-01-01	124
Total participants	2020-01-01	124
Number of participants with account balances	2020-01-01	70
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	0
2019: INTERNATIONAL MOTOR FREIGHT, INC. 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year	2019-01-01	125
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	121
Number of other retired or separated participants entitled to future benefits	2019-01-01	5
Total of all active and inactive participants	2019-01-01	126
Total participants	2019-01-01	126
Number of participants with account balances	2019-01-01	69
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-01-01	0
2018: INTERNATIONAL MOTOR FREIGHT, INC. 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year	2018-01-01	122
Total number of active participants reported on line 7a of the Form 5500	2018-01-01	106
Number of other retired or separated participants entitled to future benefits	2018-01-01	19
Total of all active and inactive participants	2018-01-01	125
Total participants	2018-01-01	125
Number of participants with account balances	2018-01-01	81
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2018-01-01	0

Financial Data on INTERNATIONAL MOTOR FREIGHT, INC. 401(K) PLAN

Measure	Date	Value
2023 : INTERNATIONAL MOTOR FREIGHT, INC. 401(K) PLAN 2023 401k financial data
Total income from all sources	2023-12-31	$1,146,912
Expenses. Total of all expenses incurred	2023-12-31	$177,424
Benefits paid (including direct rollovers)	2023-12-31	$139,526
Total plan assets at end of year	2023-12-31	$6,586,112
Total plan assets at beginning of year	2023-12-31	$5,616,624
Value of fidelity bond covering the plan	2023-12-31	$750,000
Total contributions received or receivable from participants	2023-12-31	$286,583
Other income received	2023-12-31	$830,643
Net income (gross income less expenses)	2023-12-31	$969,488
Net plan assets at end of year (total assets less liabilities)	2023-12-31	$6,586,112
Net plan assets at beginning of year (total assets less liabilities)	2023-12-31	$5,616,624
Assets. Value of participant loans	2023-12-31	$54,779
Total contributions received or receivable from employer(s)	2023-12-31	$29,686
Expenses. Administrative service providers (salaries,fees and commissions)	2023-12-31	$37,898
2022 : INTERNATIONAL MOTOR FREIGHT, INC. 401(K) PLAN 2022 401k financial data
Total income from all sources (including contributions)	2022-12-31	$-570,421
Total of all expenses incurred	2022-12-31	$122,649
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2022-12-31	$94,485
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2022-12-31	$303,453
Value of total assets at end of year	2022-12-31	$5,616,624
Value of total assets at beginning of year	2022-12-31	$6,309,694
Total of administrative expenses incurred including professional, contract, advisory and management fees	2022-12-31	$28,164
Total interest from all sources	2022-12-31	$6,726
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2022-12-31	No
Was this plan covered by a fidelity bond	2022-12-31	Yes
Value of fidelity bond cover	2022-12-31	$750,000
If this is an individual account plan, was there a blackout period	2022-12-31	Yes
Were there any nonexempt tranactions with any party-in-interest	2022-12-31	No
Contributions received from participants	2022-12-31	$274,199
Participant contributions at end of year	2022-12-31	$57,629
Participant contributions at beginning of year	2022-12-31	$30,863
Income. Received or receivable in cash from other sources (including rollovers)	2022-12-31	$964
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	$-693,070
Value of net assets at end of year (total assets less liabilities)	2022-12-31	$5,616,624
Value of net assets at beginning of year (total assets less liabilities)	2022-12-31	$6,309,694
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	No
Were any leases to which the plan was party in default or uncollectible	2022-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2022-12-31	$5,986,846
Value of interest in pooled separate accounts at end of year	2022-12-31	$5,234,974
Interest on participant loans	2022-12-31	$1,764
Interest earned on other investments	2022-12-31	$4,962
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2022-12-31	$295,731
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2022-12-31	$265,399
Net investment gain/loss from pooled separate accounts	2022-12-31	$-880,600
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2022-12-31	No
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	$28,290
Employer contributions (assets) at end of year	2022-12-31	$28,290
Employer contributions (assets) at beginning of year	2022-12-31	$26,586
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2022-12-31	$94,485
Contract administrator fees	2022-12-31	$28,164
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2022-12-31	Yes
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
Opinion of an independent qualified public accountant for this plan	2022-12-31	Unqualified
Accountancy firm name	2022-12-31	BDG CPAS
Accountancy firm EIN	2022-12-31	222625944
2021 : INTERNATIONAL MOTOR FREIGHT, INC. 401(K) PLAN 2021 401k financial data
Total income from all sources (including contributions)	2021-12-31	$1,193,038
Total of all expenses incurred	2021-12-31	$185,705
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2021-12-31	$146,569
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2021-12-31	$256,807
Value of total assets at end of year	2021-12-31	$6,309,694
Value of total assets at beginning of year	2021-12-31	$5,302,361
Total of administrative expenses incurred including professional, contract, advisory and management fees	2021-12-31	$39,136
Total interest from all sources	2021-12-31	$5,499
Total dividends received (eg from common stock, registered investment company shares)	2021-12-31	$454,237
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	$454,237
Was this plan covered by a fidelity bond	2021-12-31	Yes
Value of fidelity bond cover	2021-12-31	$750,000
If this is an individual account plan, was there a blackout period	2021-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2021-12-31	No
Contributions received from participants	2021-12-31	$216,584
Participant contributions at end of year	2021-12-31	$30,863
Participant contributions at beginning of year	2021-12-31	$37,941
Income. Received or receivable in cash from other sources (including rollovers)	2021-12-31	$13,637
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	$1,007,333
Value of net assets at end of year (total assets less liabilities)	2021-12-31	$6,309,694
Value of net assets at beginning of year (total assets less liabilities)	2021-12-31	$5,302,361
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	No
Were any leases to which the plan was party in default or uncollectible	2021-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2021-12-31	$5,986,846
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2021-12-31	$5,026,217
Interest on participant loans	2021-12-31	$1,552
Interest earned on other investments	2021-12-31	$3,947
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2021-12-31	$265,399
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2021-12-31	$212,755
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2021-12-31	$476,495
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2021-12-31	No
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	$26,586
Employer contributions (assets) at end of year	2021-12-31	$26,586
Employer contributions (assets) at beginning of year	2021-12-31	$25,448
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2021-12-31	$146,569
Contract administrator fees	2021-12-31	$39,136
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
Opinion of an independent qualified public accountant for this plan	2021-12-31	Unqualified
Accountancy firm name	2021-12-31	BDG CPAS
Accountancy firm EIN	2021-12-31	222625944
2020 : INTERNATIONAL MOTOR FREIGHT, INC. 401(K) PLAN 2020 401k financial data
Total income from all sources (including contributions)	2020-12-31	$806,765
Total of all expenses incurred	2020-12-31	$1,514,343
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2020-12-31	$1,483,181
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2020-12-31	$217,080
Value of total assets at end of year	2020-12-31	$5,302,361
Value of total assets at beginning of year	2020-12-31	$6,009,939
Total of administrative expenses incurred including professional, contract, advisory and management fees	2020-12-31	$31,162
Total interest from all sources	2020-12-31	$5,704
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2020-12-31	No
Was this plan covered by a fidelity bond	2020-12-31	Yes
Value of fidelity bond cover	2020-12-31	$750,000
If this is an individual account plan, was there a blackout period	2020-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2020-12-31	No
Contributions received from participants	2020-12-31	$191,632
Participant contributions at end of year	2020-12-31	$37,941
Participant contributions at beginning of year	2020-12-31	$50,567
Participant contributions at beginning of year	2020-12-31	$41
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2020-12-31	No
Value of net income/loss	2020-12-31	$-707,578
Value of net assets at end of year (total assets less liabilities)	2020-12-31	$5,302,361
Value of net assets at beginning of year (total assets less liabilities)	2020-12-31	$6,009,939
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2020-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2020-12-31	No
Were any leases to which the plan was party in default or uncollectible	2020-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2020-12-31	$5,026,217
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2020-12-31	$5,736,259
Interest on participant loans	2020-12-31	$2,094
Interest earned on other investments	2020-12-31	$3,610
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2020-12-31	$212,755
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2020-12-31	$197,723
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2020-12-31	$583,981
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2020-12-31	No
Was there a failure to transmit to the plan any participant contributions	2020-12-31	No
Has the plan failed to provide any benefit when due under the plan	2020-12-31	No
Contributions received in cash from employer	2020-12-31	$25,448
Employer contributions (assets) at end of year	2020-12-31	$25,448
Employer contributions (assets) at beginning of year	2020-12-31	$25,349
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2020-12-31	$1,483,181
Contract administrator fees	2020-12-31	$31,162
Did the plan have assets held for investment	2020-12-31	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	2020-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2020-12-31	No
Opinion of an independent qualified public accountant for this plan	2020-12-31	Disclaimer
Accountancy firm name	2020-12-31	BDG CPAS
Accountancy firm EIN	2020-12-31	222625944
2019 : INTERNATIONAL MOTOR FREIGHT, INC. 401(K) PLAN 2019 401k financial data
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$84,650
Total income from all sources (including contributions)	2019-12-31	$1,318,565
Total of all expenses incurred	2019-12-31	$455,603
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2019-12-31	$442,082
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2019-12-31	$196,625
Value of total assets at end of year	2019-12-31	$6,009,939
Value of total assets at beginning of year	2019-12-31	$5,231,627
Total of administrative expenses incurred including professional, contract, advisory and management fees	2019-12-31	$13,521
Total interest from all sources	2019-12-31	$7,034
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2019-12-31	No
Was this plan covered by a fidelity bond	2019-12-31	Yes
Value of fidelity bond cover	2019-12-31	$750,000
If this is an individual account plan, was there a blackout period	2019-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2019-12-31	No
Contributions received from participants	2019-12-31	$164,609
Participant contributions at end of year	2019-12-31	$50,567
Participant contributions at beginning of year	2019-12-31	$54,378
Participant contributions at end of year	2019-12-31	$41
Income. Received or receivable in cash from other sources (including rollovers)	2019-12-31	$8,167
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2019-12-31	$84,650
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-31	No
Value of net income/loss	2019-12-31	$862,962
Value of net assets at end of year (total assets less liabilities)	2019-12-31	$6,009,939
Value of net assets at beginning of year (total assets less liabilities)	2019-12-31	$5,146,977
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2019-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2019-12-31	No
Were any leases to which the plan was party in default or uncollectible	2019-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2019-12-31	$5,736,259
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2019-12-31	$4,973,021
Interest on participant loans	2019-12-31	$2,692
Interest earned on other investments	2019-12-31	$4,342
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2019-12-31	$197,723
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2019-12-31	$178,838
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2019-12-31	$1,114,906
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2019-12-31	No
Was there a failure to transmit to the plan any participant contributions	2019-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2019-12-31	No
Contributions received in cash from employer	2019-12-31	$23,849
Employer contributions (assets) at end of year	2019-12-31	$25,349
Employer contributions (assets) at beginning of year	2019-12-31	$25,390
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2019-12-31	$442,082
Contract administrator fees	2019-12-31	$13,521
Did the plan have assets held for investment	2019-12-31	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	2019-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2019-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2019-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2019-12-31	Disclaimer
Accountancy firm name	2019-12-31	BDG CPAS
Accountancy firm EIN	2019-12-31	222625944
2018 : INTERNATIONAL MOTOR FREIGHT, INC. 401(K) PLAN 2018 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2018-12-31	$84,650
Total income from all sources (including contributions)	2018-12-31	$-146,917
Total of all expenses incurred	2018-12-31	$155,311
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2018-12-31	$137,371
Value of total corrective distributions	2018-12-31	$15,710
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2018-12-31	$198,123
Value of total assets at end of year	2018-12-31	$5,231,627
Value of total assets at beginning of year	2018-12-31	$5,449,205
Total of administrative expenses incurred including professional, contract, advisory and management fees	2018-12-31	$2,230
Total interest from all sources	2018-12-31	$4,298
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2018-12-31	No
Was this plan covered by a fidelity bond	2018-12-31	Yes
Value of fidelity bond cover	2018-12-31	$750,000
If this is an individual account plan, was there a blackout period	2018-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2018-12-31	No
Contributions received from participants	2018-12-31	$172,733
Participant contributions at end of year	2018-12-31	$54,378
Participant contributions at beginning of year	2018-12-31	$21,080
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2018-12-31	$84,650
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2018-12-31	No
Value of net income/loss	2018-12-31	$-302,228
Value of net assets at end of year (total assets less liabilities)	2018-12-31	$5,146,977
Value of net assets at beginning of year (total assets less liabilities)	2018-12-31	$5,449,205
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2018-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2018-12-31	No
Were any leases to which the plan was party in default or uncollectible	2018-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2018-12-31	$4,973,021
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2018-12-31	$5,221,977
Interest on participant loans	2018-12-31	$1,204
Interest earned on other investments	2018-12-31	$3,094
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2018-12-31	$178,838
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2018-12-31	$180,782
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2018-12-31	$-349,338
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2018-12-31	No
Was there a failure to transmit to the plan any participant contributions	2018-12-31	No
Has the plan failed to provide any benefit when due under the plan	2018-12-31	No
Contributions received in cash from employer	2018-12-31	$25,390
Employer contributions (assets) at end of year	2018-12-31	$25,390
Employer contributions (assets) at beginning of year	2018-12-31	$25,366
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2018-12-31	$137,371
Contract administrator fees	2018-12-31	$2,230
Did the plan have assets held for investment	2018-12-31	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	2018-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2018-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2018-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2018-12-31	Disclaimer
Accountancy firm name	2018-12-31	BDG-CPAS
Accountancy firm EIN	2018-12-31	222625944

Form 5500 Responses for INTERNATIONAL MOTOR FREIGHT, INC. 401(K) PLAN

2023: INTERNATIONAL MOTOR FREIGHT, INC. 401(K) PLAN 2023 form 5500 responses
2023-01-01	Type of plan entity	Single employer plan
2023-01-01	Plan funding arrangement – Insurance	Yes
2023-01-01	Plan funding arrangement – Trust	Yes
2023-01-01	Plan benefit arrangement – Insurance	Yes
2023-01-01	Plan benefit arrangement - Trust	Yes
2022: INTERNATIONAL MOTOR FREIGHT, INC. 401(K) PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	Plan funding arrangement – Insurance	Yes
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement – Insurance	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: INTERNATIONAL MOTOR FREIGHT, INC. 401(K) PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Plan funding arrangement – Insurance	Yes
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement – Insurance	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2020: INTERNATIONAL MOTOR FREIGHT, INC. 401(K) PLAN 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	Plan funding arrangement – Insurance	Yes
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement – Insurance	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes
2019: INTERNATIONAL MOTOR FREIGHT, INC. 401(K) PLAN 2019 form 5500 responses
2019-01-01	Type of plan entity	Single employer plan
2019-01-01	Plan funding arrangement – Insurance	Yes
2019-01-01	Plan funding arrangement – Trust	Yes
2019-01-01	Plan benefit arrangement – Insurance	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes
2018: INTERNATIONAL MOTOR FREIGHT, INC. 401(K) PLAN 2018 form 5500 responses
2018-01-01	Type of plan entity	Single employer plan
2018-01-01	Plan funding arrangement – Insurance	Yes
2018-01-01	Plan funding arrangement – Trust	Yes
2018-01-01	Plan benefit arrangement – Insurance	Yes
2018-01-01	Plan benefit arrangement - Trust	Yes

Insurance Providers Used on plan

MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65935 )

Policy contract number

75412901

Policy instance

Insurance contract or identification number	75412901
Number of Individuals Covered	79
Insurance policy start date	2023-01-01
Insurance policy end date	2023-12-31
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No

MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65935 )

Policy contract number

75412901

Policy instance

Insurance contract or identification number	75412901
Number of Individuals Covered	75
Insurance policy start date	2022-01-01
Insurance policy end date	2022-12-31
Total amount of commissions paid to insurance broker	USD $0
Total amount of fees paid to insurance company	USD $0
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No

MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65935 )

Policy contract number

GA829621

Policy instance

Insurance contract or identification number	GA829621
Number of Individuals Covered	74
Insurance policy start date	2021-01-01
Insurance policy end date	2021-12-31
Total amount of fees paid to insurance company	USD $2,765
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Amount paid for insurance broker fees	2765

MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65935 )

Policy contract number

GA829621

Policy instance

Insurance contract or identification number	GA829621
Number of Individuals Covered	70
Insurance policy start date	2020-01-01
Insurance policy end date	2020-12-31
Total amount of commissions paid to insurance broker	USD $4,400
Total amount of fees paid to insurance company	USD $2,413
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Commission paid to Insurance Broker	USD $4,400
Amount paid for insurance broker fees	2413

MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65935 )

Policy contract number

GA829621

Policy instance

Insurance contract or identification number	GA829621
Number of Individuals Covered	69
Insurance policy start date	2019-01-01
Insurance policy end date	2019-12-31
Total amount of commissions paid to insurance broker	USD $12,865
Total amount of fees paid to insurance company	USD $2,816
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Commission paid to Insurance Broker	USD $12,865
Amount paid for insurance broker fees	2816

MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65935 )

Policy contract number

GA829621

Policy instance

Insurance contract or identification number	GA829621
Number of Individuals Covered	73
Insurance policy start date	2018-01-01
Insurance policy end date	2018-12-31
Total amount of commissions paid to insurance broker	USD $16,546
Total amount of fees paid to insurance company	USD $2,082
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Commission paid to Insurance Broker	USD $16,546
Amount paid for insurance broker fees	2082

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Company Name:	INTERNATIONAL MOTOR FREIGHT, INC.
Employer identification number (EIN):	222821936
NAIC Classification:	484110
NAIC Description:	General Freight Trucking, Local