Fasken Oil And Ranch, Ltd. 401(K) Plan — Form 5500 plan (Fasken Oil And Ranch, Ltd.)

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, Fasken Oil And Ranch, Ltd. 401(K) Plan is a benefit plan reported by Fasken Oil And Ranch, Ltd. under EIN 75-2625414 and plan number 001. The latest loaded filing year is 2023. The filing reports 314 participants and $73,833,954 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Fasken Oil And Ranch, Ltd.
EIN
75-2625414
Plan number
001
Plan type
2
Location
Midland, TX
Latest filing year
2023
Participants
314
End-of-year plan assets
$73,833,954

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023314H, C20240731231718NAL0023238401001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$73,833,954
Total liabilities (EOY)
$0
Net assets (EOY)
$73,833,954
Net assets (BOY)
$62,390,102

Income & contributions

Employer contributions
$3,976,545
Participant contributions
$2,008,582
Total contributions
$5,985,127
Total income / additions
$16,360,096

Expenses & distributions

Benefits paid
$4,898,456
Administrative expenses
$17,788
Total expenses
$4,916,244
Net increase / (decrease)
$11,443,852

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Newport Group, Inc.RECORDKEEPER$17,788$02023

Related Form 5500 pages