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EMPLOYEE BENEFIT PLAN OF TRIPOWER RESOURCES, LLC 401k Plan overview

Plan NameEMPLOYEE BENEFIT PLAN OF TRIPOWER RESOURCES, LLC
Plan identification number 001

EMPLOYEE BENEFIT PLAN OF TRIPOWER RESOURCES, LLC Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Participant-directed brokerage accounts provided as an investment option under the plan.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

TRIPOWER RESOURCES, LLC has sponsored the creation of one or more 401k plans.

Company Name:TRIPOWER RESOURCES, LLC
Employer identification number (EIN):204993266
NAIC Classification:211130
NAIC Description:Natural Gas Extraction

Form 5500 Filing Information

Submission information for form 5500 for 401k plan EMPLOYEE BENEFIT PLAN OF TRIPOWER RESOURCES, LLC

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01DIANE ALLEN2024-06-18
0012023-01-01DIANE ALLEN2024-09-17
0012022-01-01DIANE ALLEN2023-06-05
0012021-01-01DIANE ALLEN2022-05-25
0012020-01-01DIANE ALLEN2021-07-13
0012019-01-01DIANE ALLEN2020-06-22
0012018-01-01DIANE ALLEN2019-07-19
0012017-01-01DIANE ALLEN2018-06-05
0012016-01-01DIANE ALLEN2017-06-06
0012015-01-01DIANE ALLEN2016-07-19
0012013-01-01JOHN GIBBS2014-05-07
0012012-01-01JOHN D. GIBBS2013-07-02 JOHN D. GIBBS2013-07-02
0012011-01-01JOHN D. GIBBS2012-10-16 JOHN D. GIBBS2012-10-16
0012010-01-01JOHN GIBBS
0012009-01-01JOHN GIBBS

Plan Statistics for EMPLOYEE BENEFIT PLAN OF TRIPOWER RESOURCES, LLC

401k plan membership statisitcs for EMPLOYEE BENEFIT PLAN OF TRIPOWER RESOURCES, LLC

Measure Date Value
2025: EMPLOYEE BENEFIT PLAN OF TRIPOWER RESOURCES, LLC 2025 401k membership
Total number of particpants at beginning of year2025-06-2515
Total number of particpants at end of year2025-06-2514
Number of Participants With Account Balances2025-06-2510
2024: EMPLOYEE BENEFIT PLAN OF TRIPOWER RESOURCES, LLC 2024 401k membership
Total number of particpants at beginning of year2024-09-1715
Total number of particpants at end of year2024-09-1715
Number of Participants With Account Balances2024-09-1711
2022: EMPLOYEE BENEFIT PLAN OF TRIPOWER RESOURCES, LLC 2022 401k membership
Total number of particpants at beginning of year2022-05-2511
Total number of particpants at end of year2022-05-2510
Number of Participants With Account Balances2022-05-2510
2010: EMPLOYEE BENEFIT PLAN OF TRIPOWER RESOURCES, LLC 2010 401k membership
Total participants, beginning-of-year2010-01-0114
Total number of active participants reported on line 7a of the Form 55002010-01-0116
Number of retired or separated participants receiving benefits2010-01-010
Number of other retired or separated participants entitled to future benefits2010-01-010
Total of all active and inactive participants2010-01-0116
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-010
Total participants2010-01-0116
Number of participants with account balances2010-01-0113
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-010
2009: EMPLOYEE BENEFIT PLAN OF TRIPOWER RESOURCES, LLC 2009 401k membership
Total participants, beginning-of-year2009-01-0114
Total number of active participants reported on line 7a of the Form 55002009-01-0114
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-010
Total of all active and inactive participants2009-01-0114
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-0114
Number of participants with account balances2009-01-0113
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on EMPLOYEE BENEFIT PLAN OF TRIPOWER RESOURCES, LLC

Measure Date Value
2025 : EMPLOYEE BENEFIT PLAN OF TRIPOWER RESOURCES, LLC 2025 401k financial data
Total expenses incurred by plan in this plan year2025-06-25266072
Net assets as of the end of the plan year2025-06-253294166
Total assets as of the beginning of the plan year2025-06-253276568
Value of plan covered by a fidelity bond2025-06-25328000
Participant contributions to plan in this plan year2025-06-2554655
Value of participant loans at end of plan year2025-06-2583731
Other income to plan in this plan year2025-06-25155972
Plan net income in this plan year2025-06-2517598
Net assets as of the end of the plan year2025-06-253294166
Net assets as of the beginning of the plan year2025-06-253276568
Employer contributions to plan in this plan year2025-06-2573043
Expensese paid to adminstrative service provicers from plan in this plan year2025-06-255049
2024 : EMPLOYEE BENEFIT PLAN OF TRIPOWER RESOURCES, LLC 2024 401k financial data
Total expenses incurred by plan in this plan year2024-09-17105620
Net assets as of the end of the plan year2024-09-173276568
Total assets as of the beginning of the plan year2024-09-172922185
Value of plan covered by a fidelity bond2024-09-17293000
Participant contributions to plan in this plan year2024-09-1758617
Value of participant loans at end of plan year2024-09-1779653
Other income to plan in this plan year2024-09-17325844
Plan net income in this plan year2024-09-17354383
Net assets as of the end of the plan year2024-09-173276568
Net assets as of the beginning of the plan year2024-09-172922185
Employer contributions to plan in this plan year2024-09-1775542
Expensese paid to adminstrative service provicers from plan in this plan year2024-09-171120
2022 : EMPLOYEE BENEFIT PLAN OF TRIPOWER RESOURCES, LLC 2022 401k financial data
Total expenses incurred by plan in this plan year2022-05-25157489
Net assets as of the end of the plan year2022-05-253156025
Total assets as of the beginning of the plan year2022-05-252917107
Value of plan covered by a fidelity bond2022-05-25292000
Participant contributions to plan in this plan year2022-05-2562880
Value of participant loans at end of plan year2022-05-25110050
Other income to plan in this plan year2022-05-25260576
Plan net income in this plan year2022-05-25238918
Net assets as of the end of the plan year2022-05-253156025
Net assets as of the beginning of the plan year2022-05-252917107
Employer contributions to plan in this plan year2022-05-2572951
Expensese paid to adminstrative service provicers from plan in this plan year2022-05-251445
2010 : EMPLOYEE BENEFIT PLAN OF TRIPOWER RESOURCES, LLC 2010 401k financial data
Total income from all sources2010-12-31$171,904
Expenses. Total of all expenses incurred2010-12-31$75
Total plan assets at end of year2010-12-31$1,238,104
Total plan assets at beginning of year2010-12-31$1,066,275
Value of fidelity bond covering the plan2010-12-31$100,000
Total contributions received or receivable from participants2010-12-31$54,339
Other income received2010-12-31$72,610
Net income (gross income less expenses)2010-12-31$171,829
Net plan assets at end of year (total assets less liabilities)2010-12-31$1,238,104
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$1,066,275
Assets. Value of participant loans2010-12-31$42,005
Total contributions received or receivable from employer(s)2010-12-31$44,955
Expenses. Administrative service providers (salaries,fees and commissions)2010-12-31$75
2009 : EMPLOYEE BENEFIT PLAN OF TRIPOWER RESOURCES, LLC 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2009-12-31$0

Form 5500 Responses for EMPLOYEE BENEFIT PLAN OF TRIPOWER RESOURCES, LLC

2010: EMPLOYEE BENEFIT PLAN OF TRIPOWER RESOURCES, LLC 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Submission has been amendedYes
2010-01-01This submission is the final filingNo
2010-01-01This return/report is a short plan year return/report (less than 12 months)No
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement - TrustYes
2009: EMPLOYEE BENEFIT PLAN OF TRIPOWER RESOURCES, LLC 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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