Logo

OTD LOGISTICS, INC. 401(K) PLAN 401k Plan overview

Plan NameOTD LOGISTICS, INC. 401(K) PLAN
Plan identification number 001

OTD LOGISTICS, INC. 401(K) PLAN Benefits

401k Plan TypeDefined 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.
  • 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.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

OTD LOGISTICS, INC. has sponsored the creation of one or more 401k plans.

Company Name:OTD LOGISTICS, INC.
Employer identification number (EIN):204104671
NAIC Classification:484110
NAIC Description:General Freight Trucking, Local

Form 5500 Filing Information

Submission information for form 5500 for 401k plan OTD LOGISTICS, INC. 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01TARA EVANS, FOR TAG RESOURCES2024-05-17
0012022-01-01TARA EVANS, FOR TAG RESOURCES2023-09-22
0012022-01-01TARA EVANS, FOR TAG RESOURCES2024-05-16
0012011-01-01YUN LEE2012-06-14 YUN LEE2012-06-14
0012010-01-01YUNHWAN LEE2011-05-19 YUNHWAN LEE2011-05-19
0012007-01-01YUN HWAN LEE
0012006-09-01YUN HWAN LEE

Financial Data on OTD LOGISTICS, INC. 401(K) PLAN

Measure Date Value
2025 : OTD LOGISTICS, INC. 401(K) PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-09-0524981
Net assets as of the end of the plan year2025-09-0578583
Total assets as of the beginning of the plan year2025-09-0548883
Value of plan covered by a fidelity bond2025-09-05500000
Participant contributions to plan in this plan year2025-09-0546378
Other income to plan in this plan year2025-09-058303
Plan net income in this plan year2025-09-0529700
Net assets as of the end of the plan year2025-09-0578583
Net assets as of the beginning of the plan year2025-09-0548883
Fees paid to broker by Benefit Provider2025-09-05346
Expensese paid to adminstrative service provicers from plan in this plan year2025-09-05795
2024 : OTD LOGISTICS, INC. 401(K) PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-05-17302
Net assets as of the end of the plan year2024-05-1748883
Total assets as of the beginning of the plan year2024-05-1787
Value of plan covered by a fidelity bond2024-05-17500000
Participant contributions to plan in this plan year2024-05-1745816
Other income to plan in this plan year2024-05-173282
Plan net income in this plan year2024-05-1748796
Net assets as of the end of the plan year2024-05-1748883
Net assets as of the beginning of the plan year2024-05-1787
Fees paid to broker by Benefit Provider2024-05-1758
Expensese paid to adminstrative service provicers from plan in this plan year2024-05-17302
2008 : OTD LOGISTICS, INC. 401(K) PLAN 2008 401k financial data
Total income from all sources2008-12-31$-33,534
Total plan assets at end of year2008-12-31$56,067
Total plan assets at beginning of year2008-12-31$89,601
Other income received2008-12-31$-33,534
Net income (gross income less expenses)2008-12-31$-33,534
Net plan assets at end of year (total assets less liabilities)2008-12-31$56,067
Net plan assets at beginning of year (total assets less liabilities)2008-12-31$89,601
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022008-12-31$40,959
2007 : OTD LOGISTICS, INC. 401(K) PLAN 2007 401k financial data
Total income from all sources2007-12-31$87,754
Expenses. Total of all expenses incurred2007-12-31$66,237
Total plan assets at end of year2007-12-31$89,601
Total plan assets at beginning of year2007-12-31$68,084
Total contributions received or receivable from participants2007-12-31$40,922
Other income received2007-12-31$5,910
Net income (gross income less expenses)2007-12-31$21,517
Net plan assets at end of year (total assets less liabilities)2007-12-31$89,601
Net plan assets at beginning of year (total assets less liabilities)2007-12-31$68,084
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022007-12-31$40,959
Total contributions received or receivable from employer(s)2007-12-31$40,922
Value of corrective distributions2007-12-31$66,237
2006 : OTD LOGISTICS, INC. 401(K) PLAN 2006 401k financial data
Total income from all sources2006-12-31$68,084
Total plan assets at end of year2006-12-31$68,084
Total contributions received or receivable from participants2006-12-31$33,807
Other income received2006-12-31$470
Net income (gross income less expenses)2006-12-31$68,084
Net plan assets at end of year (total assets less liabilities)2006-12-31$68,084
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022006-12-31$16,844
Total contributions received or receivable from employer(s)2006-12-31$33,807

Form 5500 Responses for OTD LOGISTICS, INC. 401(K) PLAN

2007: OTD LOGISTICS, INC. 401(K) PLAN 2007 form 5500 responses
2007-01-01Type of plan entitySingle employer plan
2007-01-01Submission has been amendedNo
2007-01-01This submission is the final filingNo
2007-01-01This return/report is a short plan year return/report (less than 12 months)No
2007-01-01Plan is a collectively bargained planNo
2007-01-01Plan funding arrangement – InsuranceYes
2007-01-01Plan funding arrangement – TrustYes
2007-01-01Plan benefit arrangement – InsuranceYes
2007-01-01Plan benefit arrangement - TrustYes
2006: OTD LOGISTICS, INC. 401(K) PLAN 2006 form 5500 responses
2006-09-01Type of plan entitySingle employer plan
2006-09-01First time form 5500 has been submittedYes
2006-09-01Submission has been amendedNo
2006-09-01This submission is the final filingNo
2006-09-01This return/report is a short plan year return/report (less than 12 months)Yes
2006-09-01Plan is a collectively bargained planNo
2006-09-01Plan funding arrangement – InsuranceYes
2006-09-01Plan funding arrangement – TrustYes
2006-09-01Plan benefit arrangement – InsuranceYes
2006-09-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number4-53800
Policy instance 1
PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number4-53800
Policy instance 1

Was this data useful?
If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us.

Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer
The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

Copyright © Market Footprint Ltd
Contact us   Datalog Company Directory
401k Lookup     VAT Lookup S1