Globe Energy Services, Llc 401(k) Plan (terminated 2017): Login, Facts & Contact Information

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Plan terminated

This plan was terminated. Its final Form 5500 covers plan year 2017, when $11.9 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.

Globe Energy Services, Llc 401(k) Plan Facts (plan year 2017)

Plan name
GLOBE ENERGY RETIREMENT PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
GLOBE ENERGY SERVICES, LLC
Participants
1,096
Former employees with a balance
0
Plan year
Jan 1, 2017 – Dec 31, 2017
Plan established
Jan 1, 2011
✓ 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 2017 (Jan 1, 2017 – Dec 31, 2017), filed Dec 13, 2018. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2017

  • $2.17 million went into the plan in contributions.
  • $2.82 million was paid out to participants.
  • Investment and other income added $1.73 million.

How the Globe Energy Services, Llc 401(k) changed, 2016–2017

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20161,259$11.0 million$0$3.42 million
2017 (final)1,096$0$0$2.82 million

Globe Energy Services, Llc 401(k) Contact Information

Phone
325-573-1310
Mailing address
3204 W HWY 180, SNYDER TX 79549
Plan sponsor
GLOBE ENERGY SERVICES, LLC
Employer identification number (EIN)
81-1267443
Plan number
001

Questions about the Globe Energy Services, Llc 401(k)

Is the Globe Energy Services, Llc 401(k) plan still active?

No. The plan's final Form 5500 was filed for plan year 2017.

Does Globe Energy Services, Llc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement.

Does the Globe Energy Services, Llc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Globe Energy Services, Llc 401(k) plan?

1,096 participants at the start of plan year 2017.

Who manages the Globe Energy Services, Llc 401(k) accounts?

Empower is the plan's recordkeeper, which is where participants log in to see their balance.

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