Plain-English plan 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, Folk Oil Company, Inc. 401k Profit Sharing Plan is a benefit plan reported by Folk Oil Company, Inc. under EIN 38-1966492 and plan number 001. The latest loaded filing year is 2023. The filing reports 357 participants and $10,141,890 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $10,141,890
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $10,141,890
- Net assets (BOY)
- $7,471,815
Income & contributions
- Employer contributions
- $201,592
- Participant contributions
- $443,471
- Total contributions
- $645,063
- Total income / additions
- $2,952,132
Expenses & distributions
- Benefits paid
- $277,282
- Administrative expenses
- $4,775
- Total expenses
- $282,057
- Net increase / (decrease)
- $2,670,075