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D & N WELL SERVICES, INC. 401(K) PLAN 401k Plan overview

Plan NameD & N WELL SERVICES, INC. 401(K) PLAN
Plan identification number 001

D & N WELL SERVICES, INC. 401(K) 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.
  • 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

D & N WELL SERVICES, INC. has sponsored the creation of one or more 401k plans.

Company Name:D & N WELL SERVICES, INC.
Employer identification number (EIN):550695372
NAIC Classification:211110
NAIC Description: Oil and Gas Extraction, Oil

Form 5500 Filing Information

Submission information for form 5500 for 401k plan D & N WELL SERVICES, INC. 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012012-01-01DEMPSEY YEAGER2013-10-15
0012011-01-01DEMPSEY YEAGER
0012009-01-01DEMPSEY YEAGER

Plan Statistics for D & N WELL SERVICES, INC. 401(K) PLAN

401k plan membership statisitcs for D & N WELL SERVICES, INC. 401(K) PLAN

Measure Date Value
2011: D & N WELL SERVICES, INC. 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-012
Total number of active participants reported on line 7a of the Form 55002011-01-011
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 participants2011-01-012
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-012
Number of participants with account balances2011-01-012
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010
2009: D & N WELL SERVICES, INC. 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-012
Total number of active participants reported on line 7a of the Form 55002009-01-011
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 participants2009-01-012
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-012
Number of participants with account balances2009-01-012
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on D & N WELL SERVICES, INC. 401(K) PLAN

Measure Date Value
2011 : D & N WELL SERVICES, INC. 401(K) PLAN 2011 401k financial data
Total income from all sources2011-12-31$-2,075
Expenses. Total of all expenses incurred2011-12-31$24,000
Benefits paid (including direct rollovers)2011-12-31$24,000
Total plan assets at end of year2011-12-31$25,693
Total plan assets at beginning of year2011-12-31$51,768
Other income received2011-12-31$-2,075
Net income (gross income less expenses)2011-12-31$-26,075
Net plan assets at end of year (total assets less liabilities)2011-12-31$25,693
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$51,768
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
2010 : D & N WELL SERVICES, INC. 401(K) PLAN 2010 401k financial data
Total income from all sources2010-12-31$4,688
Expenses. Total of all expenses incurred2010-12-31$0
Total plan assets at end of year2010-12-31$51,768
Total plan assets at beginning of year2010-12-31$47,080
Other income received2010-12-31$4,688
Net income (gross income less expenses)2010-12-31$4,688
Net plan assets at end of year (total assets less liabilities)2010-12-31$51,768
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$47,080
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
2009 : D & N WELL SERVICES, INC. 401(K) PLAN 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 D & N WELL SERVICES, INC. 401(K) PLAN

2011: D & N WELL SERVICES, INC. 401(K) 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: D & N WELL SERVICES, INC. 401(K) 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

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