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GBS LINENS INC 401(K) PROFIT SHARING PLAN & TRUST 401k Plan overview

Plan NameGBS LINENS INC 401(K) PROFIT SHARING PLAN & TRUST
Plan identification number 001

GBS LINENS INC 401(K) PROFIT SHARING PLAN & TRUST 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.
  • 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.

401k Sponsoring company profile

GBS LINENS INC has sponsored the creation of one or more 401k plans.

Company Name:GBS LINENS INC
Employer identification number (EIN):330061762
NAIC Classification:444110
NAIC Description:Home Centers

Additional information about GBS LINENS INC

Jurisdiction of Incorporation: California Department of State
Incorporation Date:
Company Identification Number: C1216328

More information about GBS LINENS INC

Form 5500 Filing Information

Submission information for form 5500 for 401k plan GBS LINENS INC 401(K) PROFIT SHARING PLAN & TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01ASHESH KAMDAR2024-07-05
0012022-01-01ASHESH KAMDAR2023-07-09
0012021-01-01SUJATA KAMDAR2022-07-13
0012020-01-01
0012019-01-01
0012018-01-01
0012017-01-01SUJATA M. KAMDAR
0012016-01-01PRAVIN MODY
0012015-01-01PRAVIN MODY
0012014-01-01PRAVIN MODY PRAVIN MODY2015-07-31
0012013-01-01PRAVIN MODY PRAVIN MODY2014-07-29
0012012-01-01PRAVIN MODY PRAVIN MODY2013-10-15
0012011-01-01PRAVIN MODY
0012010-01-01PRAVIN MODY
0012009-01-01PRAVIN MODY
0012009-01-01GBS INC.

Plan Statistics for GBS LINENS INC 401(K) PROFIT SHARING PLAN & TRUST

401k plan membership statisitcs for GBS LINENS INC 401(K) PROFIT SHARING PLAN & TRUST

Measure Date Value
2020: GBS LINENS INC 401(K) PROFIT SHARING PLAN & TRUST 2020 401k membership
Total participants, beginning-of-year2020-01-01185
Total number of active participants reported on line 7a of the Form 55002020-01-0144
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-0121
Total of all active and inactive participants2020-01-0165
Total participants2020-01-0165
Number of participants with account balances2020-01-0136
2019: GBS LINENS INC 401(K) PROFIT SHARING PLAN & TRUST 2019 401k membership
Total participants, beginning-of-year2019-01-01202
Total number of active participants reported on line 7a of the Form 55002019-01-01177
Number of retired or separated participants receiving benefits2019-01-010
Number of other retired or separated participants entitled to future benefits2019-01-016
Total of all active and inactive participants2019-01-01183
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-01183
Number of participants with account balances2019-01-0137
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-010
2018: GBS LINENS INC 401(K) PROFIT SHARING PLAN & TRUST 2018 401k membership
Total participants, beginning-of-year2018-01-01192
Total number of active participants reported on line 7a of the Form 55002018-01-01185
Number of other retired or separated participants entitled to future benefits2018-01-015
Total of all active and inactive participants2018-01-01190
Total participants2018-01-01190
Number of participants with account balances2018-01-0127
2017: GBS LINENS INC 401(K) PROFIT SHARING PLAN & TRUST 2017 401k membership
Total participants, beginning-of-year2017-01-01200
Total number of active participants reported on line 7a of the Form 55002017-01-01190
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-013
Total of all active and inactive participants2017-01-01193
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-01193
Number of participants with account balances2017-01-0126
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-010
2016: GBS LINENS INC 401(K) PROFIT SHARING PLAN & TRUST 2016 401k membership
Total participants, beginning-of-year2016-01-01201
Total number of active participants reported on line 7a of the Form 55002016-01-01195
Number of other retired or separated participants entitled to future benefits2016-01-011
Total of all active and inactive participants2016-01-01196
Total participants2016-01-01196
Number of participants with account balances2016-01-0124
2015: GBS LINENS INC 401(K) PROFIT SHARING PLAN & TRUST 2015 401k membership
Total participants, beginning-of-year2015-01-01190
Total number of active participants reported on line 7a of the Form 55002015-01-01195
Number of other retired or separated participants entitled to future benefits2015-01-013
Total of all active and inactive participants2015-01-01198
Total participants2015-01-01198
Number of participants with account balances2015-01-0126
2014: GBS LINENS INC 401(K) PROFIT SHARING PLAN & TRUST 2014 401k membership
Total participants, beginning-of-year2014-01-01191
Total number of active participants reported on line 7a of the Form 55002014-01-01184
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-015
Total of all active and inactive participants2014-01-01189
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-01189
Number of participants with account balances2014-01-0126
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-010
2013: GBS LINENS INC 401(K) PROFIT SHARING PLAN & TRUST 2013 401k membership
Total participants, beginning-of-year2013-01-01170
Total number of active participants reported on line 7a of the Form 55002013-01-01186
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-014
Total of all active and inactive participants2013-01-01190
Total participants2013-01-01190
Number of participants with account balances2013-01-0127
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-010
2012: GBS LINENS INC 401(K) PROFIT SHARING PLAN & TRUST 2012 401k membership
Total participants, beginning-of-year2012-01-01146
Total number of active participants reported on line 7a of the Form 55002012-01-01166
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-014
Total of all active and inactive participants2012-01-01170
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-01170
Number of participants with account balances2012-01-0128
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010
2011: GBS LINENS INC 401(K) PROFIT SHARING PLAN & TRUST 2011 401k membership
Total participants, beginning-of-year2011-01-01146
Total number of active participants reported on line 7a of the Form 55002011-01-01143
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-012
Total of all active and inactive participants2011-01-01145
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-01145
Number of participants with account balances2011-01-0129
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010
2010: GBS LINENS INC 401(K) PROFIT SHARING PLAN & TRUST 2010 401k membership
Total participants, beginning-of-year2010-01-01133
Total number of active participants reported on line 7a of the Form 55002010-01-01143
Number of retired or separated participants receiving benefits2010-01-010
Number of other retired or separated participants entitled to future benefits2010-01-010
Total of all active and inactive participants2010-01-01143
Total participants2010-01-01143
Number of participants with account balances2010-01-0125
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-010
2009: GBS LINENS INC 401(K) PROFIT SHARING PLAN & TRUST 2009 401k membership
Total participants, beginning-of-year2009-01-01138
Total number of active participants reported on line 7a of the Form 55002009-01-01133
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-010
Total of all active and inactive participants2009-01-01133
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-01133
Number of participants with account balances2009-01-0123
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on GBS LINENS INC 401(K) PROFIT SHARING PLAN & TRUST

Measure Date Value
2020 : GBS LINENS INC 401(K) PROFIT SHARING PLAN & TRUST 2020 401k financial data
Total unrealized appreciation/depreciation of assets2020-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$0
Total income from all sources (including contributions)2020-12-31$370,252
Total loss/gain on sale of assets2020-12-31$0
Total of all expenses incurred2020-12-31$237,196
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$205,498
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$154,218
Value of total assets at end of year2020-12-31$2,352,097
Value of total assets at beginning of year2020-12-31$2,219,041
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$31,698
Total interest from all sources2020-12-31$2,722
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$93,746
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2020-12-31$93,746
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$300,000
If this is an individual account plan, was there a blackout period2020-12-31No
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Contributions received from participants2020-12-31$109,671
Participant contributions at end of year2020-12-31$69,753
Participant contributions at beginning of year2020-12-31$75,276
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Value of net income/loss2020-12-31$133,056
Value of net assets at end of year (total assets less liabilities)2020-12-31$2,352,097
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$2,219,041
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2020-12-31No
Were any leases to which the plan was party in default or uncollectible2020-12-31No
Investment advisory and management fees2020-12-31$27,818
Value of interest in registered invesment companies (eg mutual funds) at end of year2020-12-31$2,197,925
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2020-12-31$2,047,263
Interest on participant loans2020-12-31$2,516
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2020-12-31$84,419
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2020-12-31$96,502
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2020-12-31$96,502
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2020-12-31$206
Net investment gain/loss from registered investment companies (e.g. mutual funds)2020-12-31$119,566
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-12-31Yes
Was there a failure to transmit to the plan any participant contributions2020-12-31No
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Contributions received in cash from employer2020-12-31$44,547
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$205,498
Contract administrator fees2020-12-31$3,880
Did the plan have assets held for investment2020-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-12-31No
Opinion of an independent qualified public accountant for this plan2020-12-31Disclaimer
Accountancy firm name2020-12-31CHUGH CPAS LLP
Accountancy firm EIN2020-12-31472202224
2019 : GBS LINENS INC 401(K) PROFIT SHARING PLAN & TRUST 2019 401k financial data
Total unrealized appreciation/depreciation of assets2019-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total income from all sources (including contributions)2019-12-31$625,459
Total loss/gain on sale of assets2019-12-31$0
Total of all expenses incurred2019-12-31$30,245
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$1
Expenses. Certain deemed distributions of participant loans2019-12-31$0
Value of total corrective distributions2019-12-31$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$231,017
Value of total assets at end of year2019-12-31$2,218,933
Value of total assets at beginning of year2019-12-31$1,623,719
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$30,244
Total interest from all sources2019-12-31$4,930
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$79,256
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2019-12-31$79,256
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$300,000
If this is an individual account plan, was there a blackout period2019-12-31No
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Contributions received from participants2019-12-31$162,915
Participant contributions at end of year2019-12-31$75,276
Participant contributions at beginning of year2019-12-31$77,434
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Value of net income/loss2019-12-31$595,214
Value of net assets at end of year (total assets less liabilities)2019-12-31$2,218,933
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$1,623,719
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Investment advisory and management fees2019-12-31$27,387
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$2,047,263
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$1,460,051
Interest on participant loans2019-12-31$3,517
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2019-12-31$96,394
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2019-12-31$86,234
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2019-12-31$86,234
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2019-12-31$1,413
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$310,256
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31Yes
Was there a failure to transmit to the plan any participant contributions2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Contributions received in cash from employer2019-12-31$68,102
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$1
Contract administrator fees2019-12-31$2,857
Did the plan have assets held for investment2019-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31Yes
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Accountancy firm name2019-12-31CHUGH CPAS LLP
Accountancy firm EIN2019-12-31472202224
2018 : GBS LINENS INC 401(K) PROFIT SHARING PLAN & TRUST 2018 401k financial data
Total unrealized appreciation/depreciation of assets2018-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$0
Total income from all sources (including contributions)2018-12-31$80,069
Total loss/gain on sale of assets2018-12-31$0
Total of all expenses incurred2018-12-31$55,823
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$38,919
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$188,975
Value of total assets at end of year2018-12-31$1,623,719
Value of total assets at beginning of year2018-12-31$1,599,473
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$16,904
Total interest from all sources2018-12-31$4,466
Total dividends received (eg from common stock, registered investment company shares)2018-12-31$110,412
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-12-31No
Administrative expenses professional fees incurred2018-12-31$2,588
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$159,947
If this is an individual account plan, was there a blackout period2018-12-31No
Were there any nonexempt tranactions with any party-in-interest2018-12-31No
Contributions received from participants2018-12-31$134,278
Participant contributions at end of year2018-12-31$77,434
Participant contributions at beginning of year2018-12-31$83,572
Participant contributions at end of year2018-12-31$0
Participant contributions at beginning of year2018-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2018-12-31$1,896
Value of other receiveables (less allowance for doubtful accounts) at end of year2018-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2018-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$24,246
Value of net assets at end of year (total assets less liabilities)2018-12-31$1,623,719
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$1,599,473
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2018-12-31No
Were any leases to which the plan was party in default or uncollectible2018-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2018-12-31$1,460,051
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2018-12-31$1,432,557
Interest on participant loans2018-12-31$3,414
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2018-12-31$86,234
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2018-12-31$83,344
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2018-12-31$83,344
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2018-12-31$1,052
Net investment gain/loss from registered investment companies (e.g. mutual funds)2018-12-31$-223,784
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-12-31Yes
Was there a failure to transmit to the plan any participant contributions2018-12-31No
Has the plan failed to provide any benefit when due under the plan2018-12-31No
Contributions received in cash from employer2018-12-31$52,801
Employer contributions (assets) at end of year2018-12-31$0
Employer contributions (assets) at beginning of year2018-12-31$0
Income. Dividends from common stock2018-12-31$110,412
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$38,919
Contract administrator fees2018-12-31$14,316
Did the plan have assets held for investment2018-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-12-31Yes
Opinion of an independent qualified public accountant for this plan2018-12-31Disclaimer
Accountancy firm name2018-12-31CHUGH CPAS LLP
Accountancy firm EIN2018-12-31472202224
2017 : GBS LINENS INC 401(K) PROFIT SHARING PLAN & TRUST 2017 401k financial data
Total unrealized appreciation/depreciation of assets2017-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$0
Total income from all sources (including contributions)2017-12-31$409,718
Total loss/gain on sale of assets2017-12-31$0
Total of all expenses incurred2017-12-31$185,132
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$183,370
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$178,505
Value of total assets at end of year2017-12-31$1,599,473
Value of total assets at beginning of year2017-12-31$1,374,887
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$1,762
Total interest from all sources2017-12-31$3,731
Total dividends received (eg from common stock, registered investment company shares)2017-12-31$76,720
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2017-12-31$76,720
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$137,489
If this is an individual account plan, was there a blackout period2017-12-31No
Were there any nonexempt tranactions with any party-in-interest2017-12-31No
Contributions received from participants2017-12-31$127,310
Participant contributions at end of year2017-12-31$83,572
Participant contributions at beginning of year2017-12-31$69,512
Income. Received or receivable in cash from other sources (including rollovers)2017-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Value of net income/loss2017-12-31$224,586
Value of net assets at end of year (total assets less liabilities)2017-12-31$1,599,473
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$1,374,887
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2017-12-31No
Were any leases to which the plan was party in default or uncollectible2017-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2017-12-31$1,432,557
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2017-12-31$1,218,860
Interest on participant loans2017-12-31$3,512
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2017-12-31$83,344
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2017-12-31$86,515
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2017-12-31$86,515
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2017-12-31$219
Net investment gain/loss from registered investment companies (e.g. mutual funds)2017-12-31$150,762
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-12-31Yes
Was there a failure to transmit to the plan any participant contributions2017-12-31No
Has the plan failed to provide any benefit when due under the plan2017-12-31No
Contributions received in cash from employer2017-12-31$51,195
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$183,370
Contract administrator fees2017-12-31$1,762
Did the plan have assets held for investment2017-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-12-31Yes
Opinion of an independent qualified public accountant for this plan2017-12-31Disclaimer
Accountancy firm name2017-12-31CHUGH CPAS LLP
Accountancy firm EIN2017-12-31472202224
2016 : GBS LINENS INC 401(K) PROFIT SHARING PLAN & TRUST 2016 401k financial data
Total unrealized appreciation/depreciation of assets2016-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$0
Total income from all sources (including contributions)2016-12-31$324,065
Total loss/gain on sale of assets2016-12-31$0
Total of all expenses incurred2016-12-31$102,354
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$101,494
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$209,185
Value of total assets at end of year2016-12-31$1,374,887
Value of total assets at beginning of year2016-12-31$1,153,176
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$860
Total interest from all sources2016-12-31$2,399
Total dividends received (eg from common stock, registered investment company shares)2016-12-31$33,964
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2016-12-31$33,964
Was this plan covered by a fidelity bond2016-12-31Yes
Value of fidelity bond cover2016-12-31$115,318
If this is an individual account plan, was there a blackout period2016-12-31No
Were there any nonexempt tranactions with any party-in-interest2016-12-31No
Contributions received from participants2016-12-31$120,065
Participant contributions at end of year2016-12-31$69,512
Participant contributions at beginning of year2016-12-31$52,755
Income. Received or receivable in cash from other sources (including rollovers)2016-12-31$41,017
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Value of net income/loss2016-12-31$221,711
Value of net assets at end of year (total assets less liabilities)2016-12-31$1,374,887
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$1,153,176
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2016-12-31No
Were any leases to which the plan was party in default or uncollectible2016-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2016-12-31$1,218,860
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2016-12-31$1,031,645
Interest on participant loans2016-12-31$2,391
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2016-12-31$86,515
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2016-12-31$68,776
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2016-12-31$68,776
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2016-12-31$8
Net investment gain/loss from registered investment companies (e.g. mutual funds)2016-12-31$78,517
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-12-31Yes
Was there a failure to transmit to the plan any participant contributions2016-12-31No
Has the plan failed to provide any benefit when due under the plan2016-12-31No
Contributions received in cash from employer2016-12-31$48,103
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$101,494
Contract administrator fees2016-12-31$860
Did the plan have assets held for investment2016-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-12-31Yes
Opinion of an independent qualified public accountant for this plan2016-12-31Disclaimer
Accountancy firm name2016-12-31CHUGH CPAS LLP
Accountancy firm EIN2016-12-31472202224
2015 : GBS LINENS INC 401(K) PROFIT SHARING PLAN & TRUST 2015 401k financial data
Total unrealized appreciation/depreciation of assets2015-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$0
Total income from all sources (including contributions)2015-12-31$122,755
Total loss/gain on sale of assets2015-12-31$0
Total of all expenses incurred2015-12-31$560,353
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-12-31$559,493
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-12-31$142,315
Value of total assets at end of year2015-12-31$1,153,176
Value of total assets at beginning of year2015-12-31$1,590,774
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-12-31$860
Total interest from all sources2015-12-31$3,074
Total dividends received (eg from common stock, registered investment company shares)2015-12-31$56,576
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2015-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2015-12-31$56,576
Was this plan covered by a fidelity bond2015-12-31Yes
Value of fidelity bond cover2015-12-31$159,077
If this is an individual account plan, was there a blackout period2015-12-31No
Were there any nonexempt tranactions with any party-in-interest2015-12-31No
Contributions received from participants2015-12-31$97,273
Participant contributions at end of year2015-12-31$52,755
Participant contributions at beginning of year2015-12-31$80,540
Administrative expenses (other) incurred2015-12-31$860
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Value of net income/loss2015-12-31$-437,598
Value of net assets at end of year (total assets less liabilities)2015-12-31$1,153,176
Value of net assets at beginning of year (total assets less liabilities)2015-12-31$1,590,774
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2015-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2015-12-31No
Were any leases to which the plan was party in default or uncollectible2015-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2015-12-31$1,031,645
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2015-12-31$1,362,647
Interest on participant loans2015-12-31$3,065
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2015-12-31$68,776
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2015-12-31$147,587
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2015-12-31$147,587
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2015-12-31$9
Net investment gain/loss from registered investment companies (e.g. mutual funds)2015-12-31$-79,210
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2015-12-31Yes
Was there a failure to transmit to the plan any participant contributions2015-12-31No
Has the plan failed to provide any benefit when due under the plan2015-12-31No
Contributions received in cash from employer2015-12-31$45,042
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-12-31$559,493
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32015-12-31No
Did the plan have assets held for investment2015-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2015-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2015-12-31Yes
Opinion of an independent qualified public accountant for this plan2015-12-31Disclaimer
Accountancy firm name2015-12-31CHUGH CPAS LLP
Accountancy firm EIN2015-12-31472202224
2014 : GBS LINENS INC 401(K) PROFIT SHARING PLAN & TRUST 2014 401k financial data
Total unrealized appreciation/depreciation of assets2014-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$0
Total income from all sources (including contributions)2014-12-31$245,601
Total loss/gain on sale of assets2014-12-31$0
Total of all expenses incurred2014-12-31$197,354
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-12-31$196,299
Expenses. Certain deemed distributions of participant loans2014-12-31$0
Value of total corrective distributions2014-12-31$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-12-31$169,112
Value of total assets at end of year2014-12-31$1,590,774
Value of total assets at beginning of year2014-12-31$1,542,527
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-12-31$1,055
Total interest from all sources2014-12-31$3,448
Total dividends received (eg from common stock, registered investment company shares)2014-12-31$63,560
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2014-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2014-12-31$63,560
Assets. Real estate other than employer real property at beginning of year2014-12-31$0
Assets. Corporate prefeered stocks other than exployer securities at beginning of year2014-12-31$0
Was this plan covered by a fidelity bond2014-12-31Yes
Value of fidelity bond cover2014-12-31$154,252
If this is an individual account plan, was there a blackout period2014-12-31No
Were there any nonexempt tranactions with any party-in-interest2014-12-31No
Contributions received from participants2014-12-31$115,701
Participant contributions at end of year2014-12-31$80,540
Participant contributions at beginning of year2014-12-31$92,623
Participant contributions at end of year2014-12-31$0
Participant contributions at beginning of year2014-12-31$0
Assets. Other investments not covered elsewhere at end of year2014-12-31$0
Assets. Other investments not covered elsewhere at beginning of year2014-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2014-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2014-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2014-12-31$0
Assets. Loans (other than to participants) at beginning of year2014-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2014-12-31$0
Administrative expenses (other) incurred2014-12-31$1,055
Liabilities. Value of operating payables at beginning of year2014-12-31$0
Total non interest bearing cash at beginning of year2014-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Value of net income/loss2014-12-31$48,247
Value of net assets at end of year (total assets less liabilities)2014-12-31$1,590,774
Value of net assets at beginning of year (total assets less liabilities)2014-12-31$1,542,527
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2014-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2014-12-31No
Were any leases to which the plan was party in default or uncollectible2014-12-31No
Assets. partnership/joint venture interests at beginning of year2014-12-31$0
Value of interest in registered invesment companies (eg mutual funds) at end of year2014-12-31$1,362,647
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2014-12-31$1,328,199
Value of interest in pooled separate accounts at end of year2014-12-31$0
Value of interest in pooled separate accounts at beginning of year2014-12-31$0
Interest on participant loans2014-12-31$3,435
Value of interest in master investment trust accounts at end of year2014-12-31$0
Value of interest in master investment trust accounts at beginning of year2014-12-31$0
Value of interest in common/collective trusts at end of year2014-12-31$0
Value of interest in common/collective trusts at beginning of year2014-12-31$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2014-12-31$147,587
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2014-12-31$121,705
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2014-12-31$121,705
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2014-12-31$13
Assets. Value of investments in 103.12 investment entities at end of year2014-12-31$0
Assets. Value of investments in 103.12 investment entities at beginning of year2014-12-31$0
Asset value of US Government securities at beginning of year2014-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2014-12-31$9,481
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2014-12-31Yes
Was there a failure to transmit to the plan any participant contributions2014-12-31No
Has the plan failed to provide any benefit when due under the plan2014-12-31No
Assets. Invements in employer securities at beginning of year2014-12-31$0
Assets. Value of employer real property at beginning of year2014-12-31$0
Contributions received in cash from employer2014-12-31$53,411
Employer contributions (assets) at end of year2014-12-31$0
Employer contributions (assets) at beginning of year2014-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-12-31$196,299
Asset. Corporate debt instrument preferred debt at beginning of year2014-12-31$0
Asset. Corporate debt instrument debt (other) at beginning of year2014-12-31$0
Contract administrator fees2014-12-31$0
Assets. Corporate common stocks other than exployer securities at beginning of year2014-12-31$0
Liabilities. Value of benefit claims payable at beginning of year2014-12-31$0
Assets. Value of buildings and other operty used in plan operation at beginning of year2014-12-31$0
Did the plan have assets held for investment2014-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2014-12-31No
Liabilities. Value of acquisition indebtedness at beginning of year2014-12-31$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2014-12-31Yes
Opinion of an independent qualified public accountant for this plan2014-12-31Disclaimer
Accountancy firm name2014-12-31CHUGH CPAS LLC
Accountancy firm EIN2014-12-31472202224
2013 : GBS LINENS INC 401(K) PROFIT SHARING PLAN & TRUST 2013 401k financial data
Total unrealized appreciation/depreciation of assets2013-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$0
Total income from all sources (including contributions)2013-12-31$408,050
Total loss/gain on sale of assets2013-12-31$0
Total of all expenses incurred2013-12-31$25,598
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-12-31$24,543
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-12-31$145,066
Value of total assets at end of year2013-12-31$1,542,527
Value of total assets at beginning of year2013-12-31$1,160,075
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-12-31$1,055
Total interest from all sources2013-12-31$4,697
Total dividends received (eg from common stock, registered investment company shares)2013-12-31$71,761
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2013-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2013-12-31$71,761
Was this plan covered by a fidelity bond2013-12-31Yes
Value of fidelity bond cover2013-12-31$116,007
If this is an individual account plan, was there a blackout period2013-12-31No
Were there any nonexempt tranactions with any party-in-interest2013-12-31No
Contributions received from participants2013-12-31$97,980
Participant contributions at end of year2013-12-31$92,623
Participant contributions at beginning of year2013-12-31$124,765
Income. Received or receivable in cash from other sources (including rollovers)2013-12-31$0
Administrative expenses (other) incurred2013-12-31$1,055
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Value of net income/loss2013-12-31$382,452
Value of net assets at end of year (total assets less liabilities)2013-12-31$1,542,527
Value of net assets at beginning of year (total assets less liabilities)2013-12-31$1,160,075
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2013-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2013-12-31No
Were any leases to which the plan was party in default or uncollectible2013-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2013-12-31$1,328,199
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2013-12-31$949,227
Interest on participant loans2013-12-31$4,686
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2013-12-31$121,705
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2013-12-31$86,083
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2013-12-31$86,083
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2013-12-31$11
Net investment gain/loss from registered investment companies (e.g. mutual funds)2013-12-31$186,526
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2013-12-31Yes
Was there a failure to transmit to the plan any participant contributions2013-12-31No
Has the plan failed to provide any benefit when due under the plan2013-12-31No
Contributions received in cash from employer2013-12-31$47,086
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-12-31$24,543
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32013-12-31No
Did the plan have assets held for investment2013-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2013-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2013-12-31Yes
Opinion of an independent qualified public accountant for this plan2013-12-31Disclaimer
Accountancy firm name2013-12-31THE CHUGH FIRM
Accountancy firm EIN2013-12-31330963374
2012 : GBS LINENS INC 401(K) PROFIT SHARING PLAN & TRUST 2012 401k financial data
Total income from all sources (including contributions)2012-12-31$276,622
Total of all expenses incurred2012-12-31$25,036
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$23,981
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-31$186,281
Value of total assets at end of year2012-12-31$1,160,075
Value of total assets at beginning of year2012-12-31$908,489
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$1,055
Total interest from all sources2012-12-31$5,466
Total dividends received (eg from common stock, registered investment company shares)2012-12-31$12,527
Total dividends received from registered investment company shares (eg mutual funds)2012-12-31$12,527
Assets. Real estate other than employer real property at beginning of year2012-12-31$0
Assets. Corporate prefeered stocks other than exployer securities at beginning of year2012-12-31$0
Was this plan covered by a fidelity bond2012-12-31Yes
Value of fidelity bond cover2012-12-31$90,849
If this is an individual account plan, was there a blackout period2012-12-31No
Were there any nonexempt tranactions with any party-in-interest2012-12-31No
Contributions received from participants2012-12-31$136,814
Participant contributions at end of year2012-12-31$124,765
Participant contributions at beginning of year2012-12-31$109,385
Participant contributions at end of year2012-12-31$0
Participant contributions at beginning of year2012-12-31$0
Assets. Other investments not covered elsewhere at beginning of year2012-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2012-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2012-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2012-12-31$0
Assets. Loans (other than to participants) at beginning of year2012-12-31$0
Administrative expenses (other) incurred2012-12-31$1,055
Total non interest bearing cash at beginning of year2012-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Value of net income/loss2012-12-31$251,586
Value of net assets at end of year (total assets less liabilities)2012-12-31$1,160,075
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$908,489
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2012-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2012-12-31No
Were any leases to which the plan was party in default or uncollectible2012-12-31No
Assets. partnership/joint venture interests at beginning of year2012-12-31$0
Value of interest in registered invesment companies (eg mutual funds) at end of year2012-12-31$949,227
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2012-12-31$650,437
Value of interest in pooled separate accounts at beginning of year2012-12-31$0
Interest on participant loans2012-12-31$5,466
Value of interest in master investment trust accounts at beginning of year2012-12-31$0
Value of interest in common/collective trusts at beginning of year2012-12-31$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2012-12-31$86,083
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2012-12-31$148,667
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2012-12-31$148,667
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2012-12-31$0
Assets. Value of investments in 103.12 investment entities at beginning of year2012-12-31$0
Asset value of US Government securities at beginning of year2012-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2012-12-31$72,348
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-12-31Yes
Was there a failure to transmit to the plan any participant contributions2012-12-31No
Has the plan failed to provide any benefit when due under the plan2012-12-31No
Contributions received in cash from employer2012-12-31$49,467
Employer contributions (assets) at end of year2012-12-31$0
Employer contributions (assets) at beginning of year2012-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$23,981
Asset. Corporate debt instrument preferred debt at beginning of year2012-12-31$0
Asset. Corporate debt instrument debt (other) at beginning of year2012-12-31$0
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32012-12-31No
Assets. Corporate common stocks other than exployer securities at beginning of year2012-12-31$0
Did the plan have assets held for investment2012-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2012-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-12-31Yes
Opinion of an independent qualified public accountant for this plan2012-12-31Disclaimer
Accountancy firm name2012-12-31THE CHUGH FIRM
Accountancy firm EIN2012-12-31330963374
2011 : GBS LINENS INC 401(K) PROFIT SHARING PLAN & TRUST 2011 401k financial data
Total income from all sources (including contributions)2011-12-31$149,552
Total of all expenses incurred2011-12-31$44,310
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$43,265
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$159,723
Value of total assets at end of year2011-12-31$908,489
Value of total assets at beginning of year2011-12-31$803,247
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$1,045
Total interest from all sources2011-12-31$4,419
Total dividends received (eg from common stock, registered investment company shares)2011-12-31$16,455
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2011-12-31$16,455
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$80,324
If this is an individual account plan, was there a blackout period2011-12-31No
Were there any nonexempt tranactions with any party-in-interest2011-12-31No
Contributions received from participants2011-12-31$110,793
Participant contributions at end of year2011-12-31$109,385
Participant contributions at beginning of year2011-12-31$47,286
Administrative expenses (other) incurred2011-12-31$1,045
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Value of net income/loss2011-12-31$105,242
Value of net assets at end of year (total assets less liabilities)2011-12-31$908,489
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$803,247
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2011-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2011-12-31No
Were any leases to which the plan was party in default or uncollectible2011-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2011-12-31$650,437
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2011-12-31$699,238
Interest on participant loans2011-12-31$4,419
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2011-12-31$148,667
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2011-12-31$56,723
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2011-12-31$56,723
Net investment gain/loss from registered investment companies (e.g. mutual funds)2011-12-31$-31,045
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-12-31Yes
Was there a failure to transmit to the plan any participant contributions2011-12-31No
Has the plan failed to provide any benefit when due under the plan2011-12-31No
Contributions received in cash from employer2011-12-31$48,930
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$43,265
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32011-12-31No
Did the plan have assets held for investment2011-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2011-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-12-31Yes
Opinion of an independent qualified public accountant for this plan2011-12-31Disclaimer
Accountancy firm name2011-12-31THE CHUGH FIRM
Accountancy firm EIN2011-12-31330963374
2010 : GBS LINENS INC 401(K) PROFIT SHARING PLAN & TRUST 2010 401k financial data
Total income from all sources (including contributions)2010-12-31$235,547
Total of all expenses incurred2010-12-31$2,151
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$1,078
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-12-31$162,732
Value of total assets at end of year2010-12-31$803,247
Value of total assets at beginning of year2010-12-31$569,851
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$1,073
Total interest from all sources2010-12-31$2,229
Total dividends received (eg from common stock, registered investment company shares)2010-12-31$6,202
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2010-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2010-12-31$6,202
Assets. Real estate other than employer real property at beginning of year2010-12-31$0
Administrative expenses professional fees incurred2010-12-31$80
Assets. Corporate prefeered stocks other than exployer securities at beginning of year2010-12-31$0
Was this plan covered by a fidelity bond2010-12-31Yes
Value of fidelity bond cover2010-12-31$56,985
If this is an individual account plan, was there a blackout period2010-12-31No
Were there any nonexempt tranactions with any party-in-interest2010-12-31No
Contributions received from participants2010-12-31$115,122
Participant contributions at end of year2010-12-31$47,286
Participant contributions at beginning of year2010-12-31$23,794
Participant contributions at beginning of year2010-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2010-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2010-12-31$0
Assets. Loans (other than to participants) at beginning of year2010-12-31$0
Administrative expenses (other) incurred2010-12-31$993
Total non interest bearing cash at beginning of year2010-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Value of net income/loss2010-12-31$233,396
Value of net assets at end of year (total assets less liabilities)2010-12-31$803,247
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$569,851
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2010-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2010-12-31No
Were any leases to which the plan was party in default or uncollectible2010-12-31No
Assets. partnership/joint venture interests at beginning of year2010-12-31$0
Value of interest in registered invesment companies (eg mutual funds) at end of year2010-12-31$699,238
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2010-12-31$479,291
Value of interest in pooled separate accounts at beginning of year2010-12-31$0
Interest on participant loans2010-12-31$2,223
Value of interest in master investment trust accounts at beginning of year2010-12-31$0
Value of interest in common/collective trusts at beginning of year2010-12-31$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2010-12-31$56,723
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2010-12-31$66,766
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2010-12-31$66,766
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2010-12-31$6
Assets. Value of investments in 103.12 investment entities at beginning of year2010-12-31$0
Asset value of US Government securities at beginning of year2010-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2010-12-31$64,384
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2010-12-31No
Was there a failure to transmit to the plan any participant contributions2010-12-31No
Has the plan failed to provide any benefit when due under the plan2010-12-31No
Assets. Invements in employer securities at beginning of year2010-12-31$0
Assets. Value of employer real property at beginning of year2010-12-31$0
Contributions received in cash from employer2010-12-31$47,610
Employer contributions (assets) at beginning of year2010-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$1,078
Asset. Corporate debt instrument preferred debt at beginning of year2010-12-31$0
Asset. Corporate debt instrument debt (other) at beginning of year2010-12-31$0
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32010-12-31No
Assets. Corporate common stocks other than exployer securities at beginning of year2010-12-31$0
Assets. Value of buildings and other operty used in plan operation at beginning of year2010-12-31$0
Did the plan have assets held for investment2010-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2010-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2010-12-31Yes
Opinion of an independent qualified public accountant for this plan2010-12-31Disclaimer
Accountancy firm name2010-12-31THE CHUGH FIRM
Accountancy firm EIN2010-12-31330963374

Form 5500 Responses for GBS LINENS INC 401(K) PROFIT SHARING PLAN & TRUST

2020: GBS LINENS INC 401(K) PROFIT SHARING PLAN & TRUST 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: GBS LINENS INC 401(K) PROFIT SHARING PLAN & TRUST 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: GBS LINENS INC 401(K) PROFIT SHARING PLAN & TRUST 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: GBS LINENS INC 401(K) PROFIT SHARING PLAN & TRUST 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: GBS LINENS INC 401(K) PROFIT SHARING PLAN & TRUST 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: GBS LINENS INC 401(K) PROFIT SHARING PLAN & TRUST 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
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: GBS LINENS INC 401(K) PROFIT SHARING PLAN & TRUST 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: GBS LINENS INC 401(K) PROFIT SHARING PLAN & TRUST 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedNo
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planNo
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: GBS LINENS INC 401(K) PROFIT SHARING PLAN & TRUST 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: GBS LINENS INC 401(K) PROFIT SHARING PLAN & TRUST 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2010: GBS LINENS INC 401(K) PROFIT SHARING PLAN & TRUST 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Submission has been amendedNo
2010-01-01This submission is the final filingNo
2010-01-01This return/report is a short plan year return/report (less than 12 months)No
2010-01-01Plan is a collectively bargained planNo
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement - TrustYes
2009: GBS LINENS INC 401(K) PROFIT SHARING PLAN & TRUST 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedYes
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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