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THE OHIO DRILLING COMPANY 401K PLAN 401k Plan overview

Plan NameTHE OHIO DRILLING COMPANY 401K PLAN
Plan identification number 002

THE OHIO DRILLING COMPANY 401K PLAN 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.
  • Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
  • 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.
  • Plan sponsor(s) received services of leased employees, as defined in Code section 414(n), during the plan year.

401k Sponsoring company profile

OHIO DRILLING COMPANY has sponsored the creation of one or more 401k plans.

Company Name:OHIO DRILLING COMPANY
Employer identification number (EIN):340437740
NAIC Classification:238900

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE OHIO DRILLING COMPANY 401K PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022023-01-01SHIRLEY HORNER2024-09-13
0022022-01-01SHIRLEY HORNER2023-06-24
0022021-01-01JEFF BREST2022-06-08
0022020-01-01JEFF BREST2021-06-25
0022019-01-01JEFF BREST2020-08-12
0022018-01-01JEFF BREST2019-06-25
0022017-01-01JEFF BREST2018-05-21
0022016-01-01JEFF BREST2017-05-30
0022014-01-01JEFF BREST2015-06-04
0022013-01-01JEFF BREST2014-06-11
0022012-01-01JEFF BREST2013-06-25
0022011-01-01JEFF BREST2012-06-11
0022010-01-01JEFF BREST2011-07-07

Plan Statistics for THE OHIO DRILLING COMPANY 401K PLAN

401k plan membership statisitcs for THE OHIO DRILLING COMPANY 401K PLAN

Measure Date Value
2025: THE OHIO DRILLING COMPANY 401K PLAN 2025 401k membership
Total number of particpants at beginning of year2025-07-0114
Total number of particpants at end of year2025-07-0114
Number of Participants With Account Balances2025-07-0110
2024: THE OHIO DRILLING COMPANY 401K PLAN 2024 401k membership
Total number of particpants at beginning of year2024-09-1315
Total number of particpants at end of year2024-09-1312
Number of Participants With Account Balances2024-09-139
2022: THE OHIO DRILLING COMPANY 401K PLAN 2022 401k membership
Total number of particpants at beginning of year2022-06-0819
Total number of particpants at end of year2022-06-0815
Number of Participants With Account Balances2022-06-0812

Financial Data on THE OHIO DRILLING COMPANY 401K PLAN

Measure Date Value
2025 : THE OHIO DRILLING COMPANY 401K PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-07-016862
Net assets as of the end of the plan year2025-07-011018212
Total assets as of the beginning of the plan year2025-07-01842675
Value of plan covered by a fidelity bond2025-07-0185000
Participant contributions to plan in this plan year2025-07-0163207
Other income to plan in this plan year2025-07-01115576
Plan net income in this plan year2025-07-01175537
Net assets as of the end of the plan year2025-07-011018212
Net assets as of the beginning of the plan year2025-07-01842675
Employer contributions to plan in this plan year2025-07-013616
Expensese paid to adminstrative service provicers from plan in this plan year2025-07-016862
2024 : THE OHIO DRILLING COMPANY 401K PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-09-13278237
Net assets as of the end of the plan year2024-09-13842675
Total assets as of the beginning of the plan year2024-09-13925713
Value of plan covered by a fidelity bond2024-09-1393000
Participant contributions to plan in this plan year2024-09-1356395
Other income to plan in this plan year2024-09-13135596
Plan net income in this plan year2024-09-13-83038
Net assets as of the end of the plan year2024-09-13842675
Net assets as of the beginning of the plan year2024-09-13925713
Employer contributions to plan in this plan year2024-09-133208
Expensese paid to adminstrative service provicers from plan in this plan year2024-09-134956
2022 : THE OHIO DRILLING COMPANY 401K PLAN 2022 401k financial data
Total expenses incurred by plan in this plan year2022-06-08368114
Net assets as of the end of the plan year2022-06-081017777
Total assets as of the beginning of the plan year2022-06-081199127
Value of plan covered by a fidelity bond2022-06-08120000
Participant contributions to plan in this plan year2022-06-0856077
Other income to plan in this plan year2022-06-08127004
Plan net income in this plan year2022-06-08-181350
Net assets as of the end of the plan year2022-06-081017777
Net assets as of the beginning of the plan year2022-06-081199127
Employer contributions to plan in this plan year2022-06-083683
Expensese paid to adminstrative service provicers from plan in this plan year2022-06-086377

Potentially related plans

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