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B & M OIL CO 401(K) PS PLAN 401k Plan overview

Plan NameB & M OIL CO 401(K) PS PLAN
Plan identification number 001

B & M OIL CO 401(K) PS 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.
  • 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

B & M OIL COMPANY has sponsored the creation of one or more 401k plans.

Company Name:B & M OIL COMPANY
Employer identification number (EIN):550464821
NAIC Classification:531310

Form 5500 Filing Information

Submission information for form 5500 for 401k plan B & M OIL CO 401(K) PS PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012021-07-01KENNETH W. BAILEY2022-03-28 KENNETH W. BAILEY2022-03-28
0012020-07-01KENNETH W. BAILEY2021-11-16 KENNETH W. BAILEY2021-11-16
0012019-07-01KENNETH W. BAILEY2020-12-09 KENNETH W BAILEY2020-12-09
0012018-07-01KENNETH W. BAILEY2020-01-08
0012017-07-01KENNETH W. BAILEY2018-12-14
0012015-07-01KENNETH W. BAILEY2016-12-08 KENNETH W. BAILEY2016-12-08
0012014-07-01KENNETH W. BAILEY KENNETH W. BAILEY2015-11-11
0012013-07-01KENNETH BAILEY KENNETH BAILEY2015-01-19
0012012-07-01KENNETH BAILEY
0012011-07-01KENNETH BAILEY
0012010-07-01KENNETH W. BAILEY2011-10-04 KENNETH W. BAILEY2011-10-04

Plan Statistics for B & M OIL CO 401(K) PS PLAN

401k plan membership statisitcs for B & M OIL CO 401(K) PS PLAN

Measure Date Value
2014: B & M OIL CO 401(K) PS PLAN 2014 401k membership
Total participants, beginning-of-year2014-07-018
Total number of active participants reported on line 7a of the Form 55002014-07-017
Number of retired or separated participants receiving benefits2014-07-010
Number of other retired or separated participants entitled to future benefits2014-07-011
Total of all active and inactive participants2014-07-018
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-07-010
Total participants2014-07-018
Number of participants with account balances2014-07-017
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-07-010
2013: B & M OIL CO 401(K) PS PLAN 2013 401k membership
Total participants, beginning-of-year2013-07-018
Total number of active participants reported on line 7a of the Form 55002013-07-017
Number of retired or separated participants receiving benefits2013-07-010
Number of other retired or separated participants entitled to future benefits2013-07-011
Total of all active and inactive participants2013-07-018
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-07-010
Total participants2013-07-018
Number of participants with account balances2013-07-018
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-07-011
2012: B & M OIL CO 401(K) PS PLAN 2012 401k membership
Total participants, beginning-of-year2012-07-018
Total number of active participants reported on line 7a of the Form 55002012-07-017
Number of retired or separated participants receiving benefits2012-07-010
Number of other retired or separated participants entitled to future benefits2012-07-011
Total of all active and inactive participants2012-07-018
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-07-010
Total participants2012-07-018
Number of participants with account balances2012-07-017
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-07-013
2011: B & M OIL CO 401(K) PS PLAN 2011 401k membership
Total participants, beginning-of-year2011-07-018
Total number of active participants reported on line 7a of the Form 55002011-07-017
Number of retired or separated participants receiving benefits2011-07-010
Number of other retired or separated participants entitled to future benefits2011-07-014
Total of all active and inactive participants2011-07-0111
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-07-010
Total participants2011-07-0111
Number of participants with account balances2011-07-017
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-07-013

Financial Data on B & M OIL CO 401(K) PS PLAN

Measure Date Value
2015 : B & M OIL CO 401(K) PS PLAN 2015 401k financial data
Transfers to/from the plan2015-06-30$0
Total income from all sources2015-06-30$40,698
Expenses. Total of all expenses incurred2015-06-30$19,099
Benefits paid (including direct rollovers)2015-06-30$19,000
Total plan assets at end of year2015-06-30$1,538,798
Total plan assets at beginning of year2015-06-30$1,517,199
Value of fidelity bond covering the plan2015-06-30$100,000
Total contributions received or receivable from participants2015-06-30$18,004
Expenses. Other expenses not covered elsewhere2015-06-30$99
Contributions received from other sources (not participants or employers)2015-06-30$0
Other income received2015-06-30$13,865
Net income (gross income less expenses)2015-06-30$21,599
Net plan assets at end of year (total assets less liabilities)2015-06-30$1,538,798
Net plan assets at beginning of year (total assets less liabilities)2015-06-30$1,517,199
Assets. Value of participant loans2015-06-30$4,964
Total contributions received or receivable from employer(s)2015-06-30$8,829
Value of certain deemed distributions of participant loans2015-06-30$0
Value of corrective distributions2015-06-30$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-06-30$0
2014 : B & M OIL CO 401(K) PS PLAN 2014 401k financial data
Transfers to/from the plan2014-06-30$43
Total income from all sources2014-06-30$166,725
Expenses. Total of all expenses incurred2014-06-30$29,315
Benefits paid (including direct rollovers)2014-06-30$29,290
Total plan assets at end of year2014-06-30$1,517,199
Total plan assets at beginning of year2014-06-30$1,379,746
Value of fidelity bond covering the plan2014-06-30$100,000
Total contributions received or receivable from participants2014-06-30$16,564
Expenses. Other expenses not covered elsewhere2014-06-30$25
Contributions received from other sources (not participants or employers)2014-06-30$0
Other income received2014-06-30$122,205
Net income (gross income less expenses)2014-06-30$137,410
Net plan assets at end of year (total assets less liabilities)2014-06-30$1,517,199
Net plan assets at beginning of year (total assets less liabilities)2014-06-30$1,379,746
Assets. Value of participant loans2014-06-30$0
Total contributions received or receivable from employer(s)2014-06-30$27,956
Value of certain deemed distributions of participant loans2014-06-30$0
Value of corrective distributions2014-06-30$0
Funding deficiency by the employer to the plan for this plan year2014-06-30$0
Minimum employer required contribution for this plan year2014-06-30$0
Amount contributed by the employer to the plan for this plan year2014-06-30$0
2013 : B & M OIL CO 401(K) PS PLAN 2013 401k financial data
Transfers to/from the plan2013-06-30$615
Total income from all sources2013-06-30$108,607
Expenses. Total of all expenses incurred2013-06-30$91
Benefits paid (including direct rollovers)2013-06-30$41
Total plan assets at end of year2013-06-30$1,379,746
Total plan assets at beginning of year2013-06-30$1,270,615
Value of fidelity bond covering the plan2013-06-30$100,000
Total contributions received or receivable from participants2013-06-30$22,045
Expenses. Other expenses not covered elsewhere2013-06-30$50
Contributions received from other sources (not participants or employers)2013-06-30$0
Other income received2013-06-30$29,960
Net income (gross income less expenses)2013-06-30$108,516
Net plan assets at end of year (total assets less liabilities)2013-06-30$1,379,746
Net plan assets at beginning of year (total assets less liabilities)2013-06-30$1,270,615
Assets. Value of participant loans2013-06-30$0
Total contributions received or receivable from employer(s)2013-06-30$56,602
Value of certain deemed distributions of participant loans2013-06-30$0
Value of corrective distributions2013-06-30$0
Funding deficiency by the employer to the plan for this plan year2013-06-30$0
Minimum employer required contribution for this plan year2013-06-30$0
Amount contributed by the employer to the plan for this plan year2013-06-30$0
2012 : B & M OIL CO 401(K) PS PLAN 2012 401k financial data
Total income from all sources2012-06-30$-18,128
Expenses. Total of all expenses incurred2012-06-30$14,312
Benefits paid (including direct rollovers)2012-06-30$0
Total plan assets at end of year2012-06-30$1,270,615
Total plan assets at beginning of year2012-06-30$1,303,055
Value of fidelity bond covering the plan2012-06-30$100,000
Total contributions received or receivable from participants2012-06-30$18,764
Expenses. Other expenses not covered elsewhere2012-06-30$14,312
Contributions received from other sources (not participants or employers)2012-06-30$0
Other income received2012-06-30$-85,694
Net income (gross income less expenses)2012-06-30$-32,440
Net plan assets at end of year (total assets less liabilities)2012-06-30$1,270,615
Net plan assets at beginning of year (total assets less liabilities)2012-06-30$1,303,055
Assets. Value of participant loans2012-06-30$0
Total contributions received or receivable from employer(s)2012-06-30$48,802
Value of certain deemed distributions of participant loans2012-06-30$0
Value of corrective distributions2012-06-30$0

Form 5500 Responses for B & M OIL CO 401(K) PS PLAN

2014: B & M OIL CO 401(K) PS PLAN 2014 form 5500 responses
2014-07-01Type of plan entitySingle employer plan
2014-07-01Submission has been amendedNo
2014-07-01This submission is the final filingNo
2014-07-01This return/report is a short plan year return/report (less than 12 months)No
2014-07-01Plan is a collectively bargained planNo
2014-07-01Plan funding arrangement – InsuranceYes
2014-07-01Plan funding arrangement – TrustYes
2014-07-01Plan benefit arrangement – InsuranceYes
2013: B & M OIL CO 401(K) PS PLAN 2013 form 5500 responses
2013-07-01Type of plan entitySingle employer plan
2013-07-01Submission has been amendedNo
2013-07-01This submission is the final filingNo
2013-07-01This return/report is a short plan year return/report (less than 12 months)No
2013-07-01Plan is a collectively bargained planNo
2013-07-01Plan funding arrangement – InsuranceYes
2013-07-01Plan funding arrangement – TrustYes
2013-07-01Plan benefit arrangement – InsuranceYes
2012: B & M OIL CO 401(K) PS PLAN 2012 form 5500 responses
2012-07-01Type of plan entitySingle employer plan
2012-07-01Submission has been amendedNo
2012-07-01This submission is the final filingNo
2012-07-01This return/report is a short plan year return/report (less than 12 months)No
2012-07-01Plan is a collectively bargained planNo
2012-07-01Plan funding arrangement – InsuranceYes
2012-07-01Plan funding arrangement – TrustYes
2012-07-01Plan benefit arrangement – InsuranceYes
2011: B & M OIL CO 401(K) PS PLAN 2011 form 5500 responses
2011-07-01Type of plan entitySingle employer plan
2011-07-01Submission has been amendedNo
2011-07-01This submission is the final filingNo
2011-07-01This return/report is a short plan year return/report (less than 12 months)No
2011-07-01Plan is a collectively bargained planNo
2011-07-01Plan funding arrangement – InsuranceYes
2011-07-01Plan funding arrangement – TrustYes
2011-07-01Plan benefit arrangement – InsuranceYes

Insurance Providers Used on plan

HARTFORD LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 88072 )
Policy contract numberGA-830281
Policy instance 1
Insurance contract or identification numberGA-830281
Number of Individuals Covered7
Insurance policy start date2014-07-01
Insurance policy end date2015-06-30
Total amount of commissions paid to insurance brokerUSD $15,036
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?No
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $15,036
Insurance broker organization code?3
Insurance broker nameWELLS FARGO ADVISORS LLC
HARTFORD LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 88072 )
Policy contract numberGA-830281
Policy instance 1
Insurance contract or identification numberGA-830281
Number of Individuals Covered8
Insurance policy start date2013-07-01
Insurance policy end date2014-06-30
Total amount of commissions paid to insurance brokerUSD $14,316
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?No
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $14,316
Insurance broker organization code?3
Insurance broker nameWELLS FARGO ADVISORS LLC
HARTFORD LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 88072 )
Policy contract numberGA-830281
Policy instance 1
Insurance contract or identification numberGA-830281
Number of Individuals Covered7
Insurance policy start date2012-07-01
Insurance policy end date2013-06-30
Total amount of commissions paid to insurance brokerUSD $10,850
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?No
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $10,850
Insurance broker organization code?3
Insurance broker nameWELLS FARGO ADVISORS LLC PCG
HARTFORD LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 88072 )
Policy contract numberGA-830281
Policy instance 1
Insurance contract or identification numberGA-830281
Number of Individuals Covered7
Insurance policy start date2011-07-01
Insurance policy end date2012-06-30
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?No
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No

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