Elliott Oil Company 401(K) Profit Sharing Plan — Form 5500 plan (Elliott Oil Company)
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, Elliott Oil Company 401(K) Profit Sharing Plan is a benefit plan reported by Elliott Oil Company under EIN 42-0932748 and plan number 001. The latest loaded filing year is 2023. The filing reports 147 participants and $7,902,980 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Elliott Oil Company
- EIN
- 42-0932748
- Plan number
- 001
- Plan type
- 2
- Location
- Ottumwa, IA
- Latest filing year
- 2023
- Participants
- 147
- End-of-year plan assets
- $7,902,980
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 147 | H, C | 20250131083553NAL0003362496001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $7,902,980
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $7,902,980
- Net assets (BOY)
- $6,768,569
Income & contributions
- Employer contributions
- $470,883
- Participant contributions
- $265,500
- Total contributions
- $762,257
- Total income / additions
- $1,662,031
Expenses & distributions
- Benefits paid
- $489,801
- Administrative expenses
- $37,729
- Total expenses
- $527,620
- Net increase / (decrease)
- $1,134,411
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Edward Jones | INVESTMENT ADVISORY | $20,355 | $5 | 2023 |
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $13,319 | $0 | 2023 |
| Paco Inc | CONTRACT ADMINISTRATOR | $4,054 | $3,254 | 2023 |