2023 Form 5500 filing — Folk Oil Company, Inc. 401k Profit Sharing 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 20250714102641NAL0000787859001) for Folk Oil Company, Inc. 401k Profit Sharing Plan, reported by Folk Oil Company, Inc. under EIN 38-1966492 and plan number 001. It reports 357 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250714102641NAL0000787859001
- Filing year
- 2023
- Form type
- 3
- Plan sponsor
- Folk Oil Company, Inc.
- EIN
- 38-1966492
- Plan number
- 001
- Location
- Homer, MI
- Participants
- 357
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $10,141,890
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $10,141,890
- Employer contributions
- $201,592
- Participant contributions
- $443,471
- Total income / additions
- $2,952,132
- Benefits paid
- $277,282
- Administrative expenses
- $4,775
- Total expenses
- $282,057
- Net increase / (decrease)
- $2,670,075
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Kdp Retirement Plan Services | TPA | $2,475 | $0 |
| Capital Research And Management Co | RECORDKEEPER | $2,300 | $0 |