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SOUTH CENTRAL PETROLEUM PROFIT SHARING PLAN 401k Plan overview

Plan NameSOUTH CENTRAL PETROLEUM PROFIT SHARING PLAN
Plan identification number 001

SOUTH CENTRAL PETROLEUM PROFIT SHARING PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • 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.
  • 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

SOUTH CENTRAL PETROLEUM LIMITED PARTNERSHIP I has sponsored the creation of one or more 401k plans.

Company Name:SOUTH CENTRAL PETROLEUM LIMITED PARTNERSHIP I
Employer identification number (EIN):270043335
NAIC Classification:561110
NAIC Description:Office Administrative Services

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SOUTH CENTRAL PETROLEUM PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01
0012021-01-01
0012020-01-01
0012019-01-01
0012018-01-01
0012017-01-01
0012016-01-01
0012015-01-01
0012014-01-01
0012013-01-01PETER G. MYHRE2014-07-14
0012012-01-01PETER G. MYHRE2013-07-10
0012011-01-01PETER G. MYHRE
0012009-01-01PETER G. MYHRE PETER G. MYHRE2010-10-11

Plan Statistics for SOUTH CENTRAL PETROLEUM PROFIT SHARING PLAN

401k plan membership statisitcs for SOUTH CENTRAL PETROLEUM PROFIT SHARING PLAN

Measure Date Value
2011: SOUTH CENTRAL PETROLEUM PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-016
Total number of active participants reported on line 7a of the Form 55002011-01-015
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-011
Total of all active and inactive participants2011-01-016
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-016
Number of participants with account balances2011-01-016
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010
2009: SOUTH CENTRAL PETROLEUM PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-016
Total number of active participants reported on line 7a of the Form 55002009-01-015
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-011
Total of all active and inactive participants2009-01-016
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-016
Number of participants with account balances2009-01-016
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on SOUTH CENTRAL PETROLEUM PROFIT SHARING PLAN

Measure Date Value
2011 : SOUTH CENTRAL PETROLEUM PROFIT SHARING PLAN 2011 401k financial data
Transfers to/from the plan2011-12-31$0
Total plan liabilities at end of year2011-12-31$0
Total plan liabilities at beginning of year2011-12-31$0
Total income from all sources2011-12-31$235,695
Expenses. Total of all expenses incurred2011-12-31$14,099
Total plan assets at end of year2011-12-31$1,695,297
Total plan assets at beginning of year2011-12-31$1,473,701
Value of fidelity bond covering the plan2011-12-31$1,000,000
Expenses. Other expenses not covered elsewhere2011-12-31$168
Other income received2011-12-31$25,945
Net income (gross income less expenses)2011-12-31$221,596
Net plan assets at end of year (total assets less liabilities)2011-12-31$1,695,297
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$1,473,701
Total contributions received or receivable from employer(s)2011-12-31$209,750
Expenses. Administrative service providers (salaries,fees and commissions)2011-12-31$13,931
2010 : SOUTH CENTRAL PETROLEUM PROFIT SHARING PLAN 2010 401k financial data
Transfers to/from the plan2010-12-31$0
Total plan liabilities at end of year2010-12-31$0
Total plan liabilities at beginning of year2010-12-31$0
Total income from all sources2010-12-31$369,941
Expenses. Total of all expenses incurred2010-12-31$11,324
Total plan assets at end of year2010-12-31$1,473,701
Total plan assets at beginning of year2010-12-31$1,115,084
Value of fidelity bond covering the plan2010-12-31$1,000,000
Other income received2010-12-31$193,816
Net income (gross income less expenses)2010-12-31$358,617
Net plan assets at end of year (total assets less liabilities)2010-12-31$1,473,701
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$1,115,084
Total contributions received or receivable from employer(s)2010-12-31$176,125
Expenses. Administrative service providers (salaries,fees and commissions)2010-12-31$11,324

Form 5500 Responses for SOUTH CENTRAL PETROLEUM PROFIT SHARING PLAN

2011: SOUTH CENTRAL PETROLEUM PROFIT SHARING PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2009: SOUTH CENTRAL PETROLEUM PROFIT SHARING PLAN 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 is a collectively bargained planNo
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

Potentially related plans

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