Globaltranz Enterprises, Inc 401(k) Plan (terminated 2022): Login, Facts & Contact Information

Plan terminated

This plan was terminated. Its final Form 5500 covers plan year 2022, when $47.8 million was transferred out of the plan. If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.

Globaltranz Enterprises, Inc 401(k) Plan Facts (plan year 2022)

Plan name
GLOBALTRANZ ENTERPRISES, LLC RETIREMENT SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
GLOBALTRANZ ENTERPRISES, LLC
Participants
1,231
Former employees with a balance
0
Employer contributions
$1,897,183 in plan year 2022 (23% of all contributions)
Recordkeeper
Massachusetts Mutual Life Insurance
Plan year
Jan 1, 2022 – Dec 31, 2022
Plan established
Jun 1, 2015
✓ Employer contributions✓ Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2022 (Jan 1, 2022 – Dec 31, 2022), filed Oct 9, 2023. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2022

  • $8.26 million went into the plan in contributions, $1.90 million of it from the employer (23%).
  • $7.32 million was paid out to participants.

How the Globaltranz Enterprises, Inc 401(k) changed, 2017–2022

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2017385$9.00 million$364,213$180,313
2018950$11.6 million$771,274$606,292
20191,137$32.5 million$1.45 million$3.42 million
20201,313$48.5 million$1.45 million$5.11 million
20211,197$57.1 million$1.84 million$6.62 million
2022 (final)1,231$0$1.90 million$7.32 million

Globaltranz Enterprises, Inc 401(k) Contact Information

Phone
480-339-5733
Mailing address
7350 N. DOBSON ROAD, SCOTTSDALE AZ 85256
Plan sponsor
GLOBALTRANZ ENTERPRISES, LLC
Employer identification number (EIN)
80-0850053
Plan number
001

Questions about the Globaltranz Enterprises, Inc 401(k)

Is the Globaltranz Enterprises, Inc 401(k) plan still active?

No. The plan's final Form 5500 was filed for plan year 2022.

Does Globaltranz Enterprises, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2022 the employer contributed $1.90 million, 23% of all contributions.

Does the Globaltranz Enterprises, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Globaltranz Enterprises, Inc 401(k) plan?

1,231 participants at the start of plan year 2022.

Who manages the Globaltranz Enterprises, Inc 401(k) accounts?

Empower (listed on the filing as MASSACHUSETTS MUTUAL LIFE INSURANCE) is the plan's recordkeeper, which is where participants log in to see their balance.

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