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G. RAY BAKER TRUCKING, INC PROFIT SHARING PLAN 401k Plan overview

Plan NameG. RAY BAKER TRUCKING, INC PROFIT SHARING PLAN
Plan identification number 002

G. RAY BAKER TRUCKING, INC PROFIT SHARING 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.
  • 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

G. RAY BAKER TRUCKING, INC has sponsored the creation of one or more 401k plans.

Company Name:G. RAY BAKER TRUCKING, INC
Employer identification number (EIN):710434202
NAIC Classification:484200
NAIC Description: Specialized Freight Trucking

Form 5500 Filing Information

Submission information for form 5500 for 401k plan G. RAY BAKER TRUCKING, INC PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022023-01-01
0022022-01-01
0022021-01-01
0022020-01-01
0022019-01-01
0022018-01-01
0022017-01-01
0022016-01-01GARLAND RAY BAKER SR2017-10-10 GARLAND RAY BAKER SR2017-10-10
0022015-01-01GARLAND RAY BAKER SR2016-10-04 GARLAND RAY BAKER SR2016-10-04
0022014-01-01GARLAND BAKER2015-09-24
0022013-01-01LINDSEY BARTLETT2014-07-29
0022012-01-01LINDSEY BARTLETT2014-07-29
0022011-01-01RAY BAKER2012-07-30
0022010-01-01RAY BAKER2011-07-11 RAY BAKER2011-07-11

Plan Statistics for G. RAY BAKER TRUCKING, INC PROFIT SHARING PLAN

401k plan membership statisitcs for G. RAY BAKER TRUCKING, INC PROFIT SHARING PLAN

Measure Date Value
2023: G. RAY BAKER TRUCKING, INC PROFIT SHARING PLAN 2023 401k membership
Total participants, beginning-of-year2023-01-0128
Total number of active participants reported on line 7a of the Form 55002023-01-0130
Number of retired or separated participants receiving benefits2023-01-010
Number of other retired or separated participants entitled to future benefits2023-01-011
Total of all active and inactive participants2023-01-0131
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2023-01-010
Total participants2023-01-0131
Number of participants with account balances2023-01-0123
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2023-01-010
2022: G. RAY BAKER TRUCKING, INC PROFIT SHARING PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-0125
Total number of active participants reported on line 7a of the Form 55002022-01-0127
Number of retired or separated participants receiving benefits2022-01-010
Number of other retired or separated participants entitled to future benefits2022-01-011
Total of all active and inactive participants2022-01-0128
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-010
Total participants2022-01-0128
Number of participants with account balances2022-01-0122
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-010
2021: G. RAY BAKER TRUCKING, INC PROFIT SHARING PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-0136
Total number of active participants reported on line 7a of the Form 55002021-01-0124
Number of retired or separated participants receiving benefits2021-01-010
Number of other retired or separated participants entitled to future benefits2021-01-011
Total of all active and inactive participants2021-01-0125
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-0125
Number of participants with account balances2021-01-0116
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-010
2020: G. RAY BAKER TRUCKING, INC PROFIT SHARING PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-0133
Total number of active participants reported on line 7a of the Form 55002020-01-0135
Number of other retired or separated participants entitled to future benefits2020-01-011
Total of all active and inactive participants2020-01-0136
Total participants2020-01-0136
Number of participants with account balances2020-01-0117
2019: G. RAY BAKER TRUCKING, INC PROFIT SHARING PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-0131
Total number of active participants reported on line 7a of the Form 55002019-01-0132
Number of retired or separated participants receiving benefits2019-01-010
Number of other retired or separated participants entitled to future benefits2019-01-011
Total of all active and inactive participants2019-01-0133
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-0133
Number of participants with account balances2019-01-0118
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-010
2018: G. RAY BAKER TRUCKING, INC PROFIT SHARING PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-0168
Total number of active participants reported on line 7a of the Form 55002018-01-0131
Number of retired or separated participants receiving benefits2018-01-010
Number of other retired or separated participants entitled to future benefits2018-01-010
Total of all active and inactive participants2018-01-0131
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-0131
Number of participants with account balances2018-01-0121
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-010

Financial Data on G. RAY BAKER TRUCKING, INC PROFIT SHARING PLAN

Measure Date Value
2023 : G. RAY BAKER TRUCKING, INC PROFIT SHARING PLAN 2023 401k financial data
Transfers to/from the plan2023-12-31$0
Total plan liabilities at end of year2023-12-31$0
Total plan liabilities at beginning of year2023-12-31$0
Total income from all sources2023-12-31$450,901
Expenses. Total of all expenses incurred2023-12-31$54,978
Benefits paid (including direct rollovers)2023-12-31$54,653
Total plan assets at end of year2023-12-31$2,405,089
Total plan assets at beginning of year2023-12-31$2,009,166
Value of fidelity bond covering the plan2023-12-31$300,000
Assets. Value of tangible personal property2023-12-31$0
Total contributions received or receivable from participants2023-12-31$91,863
Assets. Value of loans (other than to participants)2023-12-31$0
Expenses. Other expenses not covered elsewhere2023-12-31$0
Contributions received from other sources (not participants or employers)2023-12-31$0
Other income received2023-12-31$310,194
Noncash contributions received2023-12-31$0
Net income (gross income less expenses)2023-12-31$395,923
Net plan assets at end of year (total assets less liabilities)2023-12-31$2,405,089
Net plan assets at beginning of year (total assets less liabilities)2023-12-31$2,009,166
Assets. Value of participant loans2023-12-31$0
Assets. Value of assets in partnership/joint-venture interests2023-12-31$0
Assets. Value of real-estate (other than employer real property)2023-12-31$0
Assets. Value of employer securities2023-12-31$0
Assets. Value of employer real property2023-12-31$0
Total contributions received or receivable from employer(s)2023-12-31$48,844
Value of certain deemed distributions of participant loans2023-12-31$0
Value of corrective distributions2023-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2023-12-31$325
2022 : G. RAY BAKER TRUCKING, INC PROFIT SHARING PLAN 2022 401k financial data
Transfers to/from the plan2022-12-31$0
Total plan liabilities at end of year2022-12-31$0
Total plan liabilities at beginning of year2022-12-31$0
Total income from all sources2022-12-31$-309,397
Expenses. Total of all expenses incurred2022-12-31$117,108
Benefits paid (including direct rollovers)2022-12-31$116,933
Total plan assets at end of year2022-12-31$2,009,166
Total plan assets at beginning of year2022-12-31$2,435,671
Value of fidelity bond covering the plan2022-12-31$300,000
Assets. Value of tangible personal property2022-12-31$0
Total contributions received or receivable from participants2022-12-31$79,590
Assets. Value of loans (other than to participants)2022-12-31$0
Expenses. Other expenses not covered elsewhere2022-12-31$0
Contributions received from other sources (not participants or employers)2022-12-31$0
Other income received2022-12-31$-429,020
Noncash contributions received2022-12-31$0
Net income (gross income less expenses)2022-12-31$-426,505
Net plan assets at end of year (total assets less liabilities)2022-12-31$2,009,166
Net plan assets at beginning of year (total assets less liabilities)2022-12-31$2,435,671
Assets. Value of participant loans2022-12-31$0
Assets. Value of assets in partnership/joint-venture interests2022-12-31$0
Assets. Value of real-estate (other than employer real property)2022-12-31$0
Assets. Value of employer securities2022-12-31$0
Assets. Value of employer real property2022-12-31$0
Total contributions received or receivable from employer(s)2022-12-31$40,033
Value of certain deemed distributions of participant loans2022-12-31$0
Value of corrective distributions2022-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2022-12-31$175
2021 : G. RAY BAKER TRUCKING, INC PROFIT SHARING PLAN 2021 401k financial data
Transfers to/from the plan2021-12-31$0
Total plan liabilities at end of year2021-12-31$0
Total plan liabilities at beginning of year2021-12-31$0
Total income from all sources2021-12-31$369,495
Expenses. Total of all expenses incurred2021-12-31$827,420
Benefits paid (including direct rollovers)2021-12-31$827,245
Total plan assets at end of year2021-12-31$2,435,671
Total plan assets at beginning of year2021-12-31$2,893,596
Value of fidelity bond covering the plan2021-12-31$300,000
Assets. Value of tangible personal property2021-12-31$0
Total contributions received or receivable from participants2021-12-31$60,619
Assets. Value of loans (other than to participants)2021-12-31$0
Expenses. Other expenses not covered elsewhere2021-12-31$0
Contributions received from other sources (not participants or employers)2021-12-31$0
Other income received2021-12-31$273,498
Noncash contributions received2021-12-31$0
Net income (gross income less expenses)2021-12-31$-457,925
Net plan assets at end of year (total assets less liabilities)2021-12-31$2,435,671
Net plan assets at beginning of year (total assets less liabilities)2021-12-31$2,893,596
Assets. Value of participant loans2021-12-31$0
Assets. Value of assets in partnership/joint-venture interests2021-12-31$0
Assets. Value of real-estate (other than employer real property)2021-12-31$0
Assets. Value of employer securities2021-12-31$0
Assets. Value of employer real property2021-12-31$0
Total contributions received or receivable from employer(s)2021-12-31$35,378
Value of certain deemed distributions of participant loans2021-12-31$0
Value of corrective distributions2021-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2021-12-31$175
2020 : G. RAY BAKER TRUCKING, INC PROFIT SHARING PLAN 2020 401k financial data
Transfers to/from the plan2020-12-31$0
Total plan liabilities at end of year2020-12-31$0
Total plan liabilities at beginning of year2020-12-31$0
Total income from all sources2020-12-31$480,418
Expenses. Total of all expenses incurred2020-12-31$379,357
Benefits paid (including direct rollovers)2020-12-31$378,470
Total plan assets at end of year2020-12-31$2,893,596
Total plan assets at beginning of year2020-12-31$2,792,535
Value of fidelity bond covering the plan2020-12-31$300,000
Assets. Value of tangible personal property2020-12-31$0
Total contributions received or receivable from participants2020-12-31$59,275
Assets. Value of loans (other than to participants)2020-12-31$0
Expenses. Other expenses not covered elsewhere2020-12-31$0
Contributions received from other sources (not participants or employers)2020-12-31$0
Other income received2020-12-31$390,554
Noncash contributions received2020-12-31$0
Net income (gross income less expenses)2020-12-31$101,061
Net plan assets at end of year (total assets less liabilities)2020-12-31$2,893,596
Net plan assets at beginning of year (total assets less liabilities)2020-12-31$2,792,535
Assets. Value of participant loans2020-12-31$0
Assets. Value of assets in partnership/joint-venture interests2020-12-31$0
Assets. Value of real-estate (other than employer real property)2020-12-31$0
Assets. Value of employer securities2020-12-31$0
Assets. Value of employer real property2020-12-31$0
Total contributions received or receivable from employer(s)2020-12-31$30,589
Value of certain deemed distributions of participant loans2020-12-31$0
Value of corrective distributions2020-12-31$612
Expenses. Administrative service providers (salaries,fees and commissions)2020-12-31$275
2019 : G. RAY BAKER TRUCKING, INC PROFIT SHARING PLAN 2019 401k financial data
Transfers to/from the plan2019-12-31$0
Total plan liabilities at end of year2019-12-31$0
Total plan liabilities at beginning of year2019-12-31$0
Total income from all sources2019-12-31$603,524
Expenses. Total of all expenses incurred2019-12-31$120,795
Benefits paid (including direct rollovers)2019-12-31$118,873
Total plan assets at end of year2019-12-31$2,792,535
Total plan assets at beginning of year2019-12-31$2,309,806
Value of fidelity bond covering the plan2019-12-31$300,000
Total contributions received or receivable from participants2019-12-31$72,215
Expenses. Other expenses not covered elsewhere2019-12-31$0
Contributions received from other sources (not participants or employers)2019-12-31$0
Other income received2019-12-31$496,061
Noncash contributions received2019-12-31$0
Net income (gross income less expenses)2019-12-31$482,729
Net plan assets at end of year (total assets less liabilities)2019-12-31$2,792,535
Net plan assets at beginning of year (total assets less liabilities)2019-12-31$2,309,806
Total contributions received or receivable from employer(s)2019-12-31$35,248
Value of certain deemed distributions of participant loans2019-12-31$0
Value of corrective distributions2019-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2019-12-31$1,922
2018 : G. RAY BAKER TRUCKING, INC PROFIT SHARING PLAN 2018 401k financial data
Transfers to/from the plan2018-12-31$0
Total plan liabilities at end of year2018-12-31$0
Total plan liabilities at beginning of year2018-12-31$0
Total income from all sources2018-12-31$-34,097
Expenses. Total of all expenses incurred2018-12-31$133,276
Benefits paid (including direct rollovers)2018-12-31$127,225
Total plan assets at end of year2018-12-31$2,309,806
Total plan assets at beginning of year2018-12-31$2,477,179
Value of fidelity bond covering the plan2018-12-31$300,000
Total contributions received or receivable from participants2018-12-31$61,064
Expenses. Other expenses not covered elsewhere2018-12-31$0
Contributions received from other sources (not participants or employers)2018-12-31$0
Other income received2018-12-31$-131,915
Noncash contributions received2018-12-31$0
Net income (gross income less expenses)2018-12-31$-167,373
Net plan assets at end of year (total assets less liabilities)2018-12-31$2,309,806
Net plan assets at beginning of year (total assets less liabilities)2018-12-31$2,477,179
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022018-12-31$0
Total contributions received or receivable from employer(s)2018-12-31$36,754
Value of certain deemed distributions of participant loans2018-12-31$0
Value of corrective distributions2018-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2018-12-31$6,051

Form 5500 Responses for G. RAY BAKER TRUCKING, INC PROFIT SHARING PLAN

2023: G. RAY BAKER TRUCKING, INC PROFIT SHARING PLAN 2023 form 5500 responses
2023-01-01Type of plan entitySingle employer plan
2023-01-01This submission is the final filingNo
2023-01-01Plan is a collectively bargained planNo
2023-01-01Plan funding arrangement – TrustYes
2023-01-01Plan benefit arrangement - TrustYes
2022: G. RAY BAKER TRUCKING, INC PROFIT SHARING PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01This submission is the final filingNo
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: G. RAY BAKER TRUCKING, INC PROFIT SHARING PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01This submission is the final filingNo
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: G. RAY BAKER TRUCKING, INC PROFIT SHARING PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01This submission is the final filingNo
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: G. RAY BAKER TRUCKING, INC PROFIT SHARING PLAN 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: G. RAY BAKER TRUCKING, INC PROFIT SHARING PLAN 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

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