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, True Companies Employees' 401(K) Savings Plan is a benefit plan reported by True Drilling LLC under EIN 83-0171045 and plan number 002. The latest loaded filing year is 2023. The filing reports 1,151 participants and $63,309,064 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $63,309,064
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $63,309,064
- Net assets (BOY)
- $51,670,992
Income & contributions
- Employer contributions
- $1,500,073
- Participant contributions
- $4,966,510
- Total contributions
- $6,568,121
- Total income / additions
- $17,317,642
Expenses & distributions
- Benefits paid
- $5,658,730
- Administrative expenses
- $20,840
- Total expenses
- $5,679,570
- Net increase / (decrease)
- $11,638,072