2023 Form 5500 filing — Foundation Energy Services, LLC 401(K) Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241108120516NAL0007175251001) for Foundation Energy Services, LLC 401(K) Plan, reported by Foundation Energy Services, LLC under EIN 87-4023712 and plan number 001. It reports 245 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241108120516NAL0007175251001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Foundation Energy Services, LLC
- EIN
- 87-4023712
- Plan number
- 001
- Location
- Snyder, TX
- Participants
- 245
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $4,693,023
- Net assets (EOY)
- $4,693,023
- Employer contributions
- $751,597
- Participant contributions
- $837,425
- Total income / additions
- $2,278,868
- Benefits paid
- $150,764
- Administrative expenses
- $34,112
- Total expenses
- $184,876
- Net increase / (decrease)
- $2,093,992
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| John Hancock Life Insurance Company | RECORDKEEPER | $18,608 | $0 |
| Raymond James Fsa Inc | REGISTERED INVESTMENT ADV | $13,261 | $0 |