Preferred Drilling Solutions, Inc. Employee Stock Ownership Plan — Form 5500 plan (Preferred Drilling Solutions, Inc.)
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, Preferred Drilling Solutions, Inc. Employee Stock Ownership Plan is a benefit plan reported by Preferred Drilling Solutions, Inc. under EIN 59-3757298 and plan number 001. The latest loaded filing year is 2023. The filing reports 83 participants and $3,418,127 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Preferred Drilling Solutions, Inc.
- EIN
- 59-3757298
- Plan number
- 001
- Plan type
- 2
- Location
- Pinellas Park, FL
- Latest filing year
- 2023
- Participants
- 83
- End-of-year plan assets
- $3,418,127
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 83 | I | 20240404132050NAL0026404722001 |
Reported financial statement (2023 · Schedule I)
Net assets
- Total assets (EOY)
- $3,418,127
- Total liabilities (EOY)
- $174,338
- Net assets (EOY)
- $3,243,789
- Net assets (BOY)
- $3,018,142
Income & contributions
- Employer contributions
- $237,831
- Total income / additions
- $422,629
Expenses & distributions
- Benefits paid
- $191,377
- Administrative expenses
- $10
- Total expenses
- $196,982
- Net increase / (decrease)
- $225,647
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.