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GLOBAL EMPLOYMENT SERVICES INC. 401(K) PLAN 401k Plan overview

Plan NameGLOBAL EMPLOYMENT SERVICES INC. 401(K) PLAN
Plan identification number 001

GLOBAL EMPLOYMENT SERVICES INC. 401(K) PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • 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.
  • 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.
  • Plan sponsor(s) received services of leased employees, as defined in Code section 414(n), during the plan year.

401k Sponsoring company profile

GLOBAL EMPLOYMENT SERVICES INC. has sponsored the creation of one or more 401k plans.

Company Name:GLOBAL EMPLOYMENT SERVICES INC.
Employer identification number (EIN):471079541
NAIC Classification:561300

Additional information about GLOBAL EMPLOYMENT SERVICES INC.

Jurisdiction of Incorporation: Florida Department of State Division of Corporations
Incorporation Date: 1997-10-16
Company Identification Number: P97000089278
Legal Registered Office Address: 721 SE 17TH STREET

FORT LAUDERDALE

33316

More information about GLOBAL EMPLOYMENT SERVICES INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan GLOBAL EMPLOYMENT SERVICES INC. 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012015-01-01LOUIS WILLIAMS LOUIS WILLIAMS2016-10-24
0012015-01-01LOUIS WILLIAMS LOUIS WILLIAMS2016-10-17
0012014-06-07LOUIS WILLIAMS LOUIS WILLIAMS2015-10-10

Plan Statistics for GLOBAL EMPLOYMENT SERVICES INC. 401(K) PLAN

401k plan membership statisitcs for GLOBAL EMPLOYMENT SERVICES INC. 401(K) PLAN

Measure Date Value
2015: GLOBAL EMPLOYMENT SERVICES INC. 401(K) PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-012
Total number of active participants reported on line 7a of the Form 55002015-01-013
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-010
Total of all active and inactive participants2015-01-013
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-013
Number of participants with account balances2015-01-012
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-010
2014: GLOBAL EMPLOYMENT SERVICES INC. 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year2014-06-070
Total number of active participants reported on line 7a of the Form 55002014-06-072
Number of retired or separated participants receiving benefits2014-06-070
Number of other retired or separated participants entitled to future benefits2014-06-070
Total of all active and inactive participants2014-06-072
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-06-070
Total participants2014-06-072
Number of participants with account balances2014-06-072
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-06-070

Financial Data on GLOBAL EMPLOYMENT SERVICES INC. 401(K) PLAN

Measure Date Value
2015 : GLOBAL EMPLOYMENT SERVICES INC. 401(K) PLAN 2015 401k financial data
Transfers to/from the plan2015-12-31$0
Total plan liabilities at end of year2015-12-31$0
Total plan liabilities at beginning of year2015-12-31$0
Total income from all sources2015-12-31$0
Expenses. Total of all expenses incurred2015-12-31$0
Benefits paid (including direct rollovers)2015-12-31$0
Total plan assets at end of year2015-12-31$0
Total plan assets at beginning of year2015-12-31$0
Value of fidelity bond covering the plan2015-12-31$5,000
Total contributions received or receivable from participants2015-12-31$0
Expenses. Other expenses not covered elsewhere2015-12-31$0
Contributions received from other sources (not participants or employers)2015-12-31$0
Other income received2015-12-31$0
Noncash contributions received2015-12-31$0
Net income (gross income less expenses)2015-12-31$0
Net plan assets at end of year (total assets less liabilities)2015-12-31$0
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$0
Assets. Value of employer securities2015-12-31$0
Total contributions received or receivable from employer(s)2015-12-31$0
Value of certain deemed distributions of participant loans2015-12-31$0
Value of corrective distributions2015-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2015-12-31$0
2014 : GLOBAL EMPLOYMENT SERVICES INC. 401(K) PLAN 2014 401k financial data
Transfers to/from the plan2014-12-31$0
Total plan liabilities at end of year2014-12-31$0
Total plan liabilities at beginning of year2014-12-31$0
Total income from all sources2014-12-31$12
Expenses. Total of all expenses incurred2014-12-31$12
Benefits paid (including direct rollovers)2014-12-31$0
Total plan assets at end of year2014-12-31$0
Total plan assets at beginning of year2014-12-31$0
Total contributions received or receivable from participants2014-12-31$0
Expenses. Other expenses not covered elsewhere2014-12-31$12
Contributions received from other sources (not participants or employers)2014-12-31$101,910
Other income received2014-12-31$-101,898
Noncash contributions received2014-12-31$0
Net income (gross income less expenses)2014-12-31$0
Net plan assets at end of year (total assets less liabilities)2014-12-31$0
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$0
Assets. Value of employer securities2014-12-31$0
Total contributions received or receivable from employer(s)2014-12-31$0
Value of certain deemed distributions of participant loans2014-12-31$0
Value of corrective distributions2014-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2014-12-31$0

Form 5500 Responses for GLOBAL EMPLOYMENT SERVICES INC. 401(K) PLAN

2015: GLOBAL EMPLOYMENT SERVICES INC. 401(K) PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedYes
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: GLOBAL EMPLOYMENT SERVICES INC. 401(K) PLAN 2014 form 5500 responses
2014-06-07Type of plan entitySingle employer plan
2014-06-07First time form 5500 has been submittedYes
2014-06-07Submission has been amendedNo
2014-06-07This submission is the final filingNo
2014-06-07This return/report is a short plan year return/report (less than 12 months)Yes
2014-06-07Plan is a collectively bargained planNo
2014-06-07Plan funding arrangement – TrustYes
2014-06-07Plan benefit arrangement - TrustYes

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