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FRANCIS DRILLING FLUIDS, LTD. 401(K) PLAN 401k Plan overview

Plan NameFRANCIS DRILLING FLUIDS, LTD. 401(K) PLAN
Plan identification number 001

FRANCIS DRILLING FLUIDS, LTD. 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.
  • 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

FRANCIS DRILLING FLUIDS LTD has sponsored the creation of one or more 401k plans.

Company Name:FRANCIS DRILLING FLUIDS LTD
Employer identification number (EIN):720820574
NAIC Classification:211110
NAIC Description: Oil and Gas Extraction, Oil

Form 5500 Filing Information

Submission information for form 5500 for 401k plan FRANCIS DRILLING FLUIDS, LTD. 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012017-09-01
0012016-09-01
0012015-09-01
0012014-09-01
0012013-09-01
0012012-09-01JUDE N. GREGORY JUDE N. GREGORY2014-03-19
0012011-09-01JUDE N. GREGORY JUDE N. GREGORY2013-03-27
0012009-09-01MICHAEL G. FRANCIS MICHAEL G. FRANCIS2011-02-08

Plan Statistics for FRANCIS DRILLING FLUIDS, LTD. 401(K) PLAN

401k plan membership statisitcs for FRANCIS DRILLING FLUIDS, LTD. 401(K) PLAN

Measure Date Value
2017: FRANCIS DRILLING FLUIDS, LTD. 401(K) PLAN 2017 401k membership
Total participants, beginning-of-year2017-09-01512
Total number of active participants reported on line 7a of the Form 55002017-09-01353
Number of retired or separated participants receiving benefits2017-09-010
Number of other retired or separated participants entitled to future benefits2017-09-01211
Total of all active and inactive participants2017-09-01564
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-09-010
Total participants2017-09-01564
Number of participants with account balances2017-09-01419
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-09-018
2016: FRANCIS DRILLING FLUIDS, LTD. 401(K) PLAN 2016 401k membership
Total participants, beginning-of-year2016-09-01502
Total number of active participants reported on line 7a of the Form 55002016-09-01314
Number of retired or separated participants receiving benefits2016-09-010
Number of other retired or separated participants entitled to future benefits2016-09-01198
Total of all active and inactive participants2016-09-01512
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-09-010
Total participants2016-09-01512
Number of participants with account balances2016-09-01484
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-09-0120
2015: FRANCIS DRILLING FLUIDS, LTD. 401(K) PLAN 2015 401k membership
Total participants, beginning-of-year2015-09-01501
Total number of active participants reported on line 7a of the Form 55002015-09-01282
Number of retired or separated participants receiving benefits2015-09-010
Number of other retired or separated participants entitled to future benefits2015-09-01155
Total of all active and inactive participants2015-09-01437
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-09-010
Total participants2015-09-01437
Number of participants with account balances2015-09-01400
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-09-0167
2014: FRANCIS DRILLING FLUIDS, LTD. 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year2014-09-01434
Total number of active participants reported on line 7a of the Form 55002014-09-01332
Number of retired or separated participants receiving benefits2014-09-010
Number of other retired or separated participants entitled to future benefits2014-09-01106
Total of all active and inactive participants2014-09-01438
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-09-010
Total participants2014-09-01438
Number of participants with account balances2014-09-01392
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-09-01136
2013: FRANCIS DRILLING FLUIDS, LTD. 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year2013-09-01383
Total number of active participants reported on line 7a of the Form 55002013-09-01270
Number of retired or separated participants receiving benefits2013-09-010
Number of other retired or separated participants entitled to future benefits2013-09-0171
Total of all active and inactive participants2013-09-01341
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-09-010
Total participants2013-09-01341
Number of participants with account balances2013-09-01226
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-09-017
2012: FRANCIS DRILLING FLUIDS, LTD. 401(K) PLAN 2012 401k membership
Total participants, beginning-of-year2012-09-01369
Total number of active participants reported on line 7a of the Form 55002012-09-01225
Number of retired or separated participants receiving benefits2012-09-010
Number of other retired or separated participants entitled to future benefits2012-09-0181
Total of all active and inactive participants2012-09-01306
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-09-010
Total participants2012-09-01306
Number of participants with account balances2012-09-01226
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-09-0121
2011: FRANCIS DRILLING FLUIDS, LTD. 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year2011-09-01373
Total number of active participants reported on line 7a of the Form 55002011-09-01233
Number of retired or separated participants receiving benefits2011-09-010
Number of other retired or separated participants entitled to future benefits2011-09-0182
Total of all active and inactive participants2011-09-01315
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-09-010
Total participants2011-09-01315
Number of participants with account balances2011-09-01262
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-09-0130
2009: FRANCIS DRILLING FLUIDS, LTD. 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year2009-09-01410
Total number of active participants reported on line 7a of the Form 55002009-09-01261
Number of retired or separated participants receiving benefits2009-09-010
Number of other retired or separated participants entitled to future benefits2009-09-0195
Total of all active and inactive participants2009-09-01356
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-09-010
Total participants2009-09-01356
Number of participants with account balances2009-09-01265
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-09-0116

Financial Data on FRANCIS DRILLING FLUIDS, LTD. 401(K) PLAN

Measure Date Value
2018 : FRANCIS DRILLING FLUIDS, LTD. 401(K) PLAN 2018 401k financial data
Total unrealized appreciation/depreciation of assets2018-08-31$0
Total transfer of assets from this plan2018-08-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-08-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-08-31$0
Total income from all sources (including contributions)2018-08-31$1,733,984
Total loss/gain on sale of assets2018-08-31$0
Total of all expenses incurred2018-08-31$999,439
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-08-31$964,481
Expenses. Certain deemed distributions of participant loans2018-08-31$13,810
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-08-31$726,210
Value of total assets at end of year2018-08-31$9,872,074
Value of total assets at beginning of year2018-08-31$9,137,529
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-08-31$21,148
Total interest from all sources2018-08-31$17,702
Total dividends received (eg from common stock, registered investment company shares)2018-08-31$47,133
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-08-31No
Total dividends received from registered investment company shares (eg mutual funds)2018-08-31$47,133
Was this plan covered by a fidelity bond2018-08-31Yes
Value of fidelity bond cover2018-08-31$500,000
If this is an individual account plan, was there a blackout period2018-08-31Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-08-31$0
Were there any nonexempt tranactions with any party-in-interest2018-08-31No
Contributions received from participants2018-08-31$619,678
Participant contributions at end of year2018-08-31$447,826
Participant contributions at beginning of year2018-08-31$409,615
Income. Received or receivable in cash from other sources (including rollovers)2018-08-31$100,000
Administrative expenses (other) incurred2018-08-31$21,148
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-08-31No
Value of net income/loss2018-08-31$734,545
Value of net assets at end of year (total assets less liabilities)2018-08-31$9,872,074
Value of net assets at beginning of year (total assets less liabilities)2018-08-31$9,137,529
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-08-31No
Were any loans by the plan or fixed income obligations due to the plan in default2018-08-31No
Were any leases to which the plan was party in default or uncollectible2018-08-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2018-08-31$8,621,129
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2018-08-31$8,727,914
Interest on participant loans2018-08-31$17,702
Value of interest in common/collective trusts at end of year2018-08-31$803,119
Net investment gain/loss from registered investment companies (e.g. mutual funds)2018-08-31$935,527
Net investment gain or loss from common/collective trusts2018-08-31$7,412
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-08-31No
Was there a failure to transmit to the plan any participant contributions2018-08-31No
Has the plan failed to provide any benefit when due under the plan2018-08-31No
Contributions received in cash from employer2018-08-31$6,532
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-08-31$964,481
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32018-08-31Yes
Did the plan have assets held for investment2018-08-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-08-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-08-31No
Opinion of an independent qualified public accountant for this plan2018-08-31Disclaimer
Accountancy firm name2018-08-31LAPORTE,A PROFESSIONAL ACCOUNTIN
Accountancy firm EIN2018-08-31721088864
2017 : FRANCIS DRILLING FLUIDS, LTD. 401(K) PLAN 2017 401k financial data
Total income from all sources (including contributions)2017-08-31$1,467,079
Total of all expenses incurred2017-08-31$753,047
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-08-31$750,086
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-08-31$631,706
Value of total assets at end of year2017-08-31$9,137,529
Value of total assets at beginning of year2017-08-31$8,423,497
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-08-31$2,961
Total interest from all sources2017-08-31$19,915
Total dividends received (eg from common stock, registered investment company shares)2017-08-31$240,261
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-08-31No
Was this plan covered by a fidelity bond2017-08-31Yes
Value of fidelity bond cover2017-08-31$3,000,000
If this is an individual account plan, was there a blackout period2017-08-31No
Were there any nonexempt tranactions with any party-in-interest2017-08-31No
Contributions received from participants2017-08-31$584,487
Participant contributions at end of year2017-08-31$409,615
Participant contributions at beginning of year2017-08-31$448,865
Income. Received or receivable in cash from other sources (including rollovers)2017-08-31$47,219
Administrative expenses (other) incurred2017-08-31$2,961
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-08-31No
Value of net income/loss2017-08-31$714,032
Value of net assets at end of year (total assets less liabilities)2017-08-31$9,137,529
Value of net assets at beginning of year (total assets less liabilities)2017-08-31$8,423,497
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-08-31No
Were any loans by the plan or fixed income obligations due to the plan in default2017-08-31No
Were any leases to which the plan was party in default or uncollectible2017-08-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2017-08-31$8,727,914
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2017-08-31$7,974,632
Interest on participant loans2017-08-31$19,915
Net investment gain/loss from registered investment companies (e.g. mutual funds)2017-08-31$575,197
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-08-31No
Was there a failure to transmit to the plan any participant contributions2017-08-31No
Has the plan failed to provide any benefit when due under the plan2017-08-31No
Income. Dividends from common stock2017-08-31$240,261
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-08-31$750,086
Did the plan have assets held for investment2017-08-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-08-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-08-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-08-31Yes
Opinion of an independent qualified public accountant for this plan2017-08-31Disclaimer
Accountancy firm name2017-08-31LAPORTE, A PROFESSIONAL ACCOUNTING
Accountancy firm EIN2017-08-31721088864
2016 : FRANCIS DRILLING FLUIDS, LTD. 401(K) PLAN 2016 401k financial data
Total income from all sources (including contributions)2016-08-31$1,107,152
Total of all expenses incurred2016-08-31$1,997,723
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-08-31$1,953,769
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-08-31$650,085
Value of total assets at end of year2016-08-31$8,423,497
Value of total assets at beginning of year2016-08-31$9,314,068
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-08-31$43,954
Total interest from all sources2016-08-31$20,042
Total dividends received (eg from common stock, registered investment company shares)2016-08-31$417,898
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-08-31No
Was this plan covered by a fidelity bond2016-08-31Yes
Value of fidelity bond cover2016-08-31$3,000,000
If this is an individual account plan, was there a blackout period2016-08-31No
Were there any nonexempt tranactions with any party-in-interest2016-08-31No
Contributions received from participants2016-08-31$631,835
Participant contributions at end of year2016-08-31$448,865
Participant contributions at beginning of year2016-08-31$501,199
Participant contributions at beginning of year2016-08-31$21,602
Income. Received or receivable in cash from other sources (including rollovers)2016-08-31$18,250
Administrative expenses (other) incurred2016-08-31$43,954
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-08-31No
Value of net income/loss2016-08-31$-890,571
Value of net assets at end of year (total assets less liabilities)2016-08-31$8,423,497
Value of net assets at beginning of year (total assets less liabilities)2016-08-31$9,314,068
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-08-31No
Were any loans by the plan or fixed income obligations due to the plan in default2016-08-31No
Were any leases to which the plan was party in default or uncollectible2016-08-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2016-08-31$7,974,632
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2016-08-31$8,791,267
Interest on participant loans2016-08-31$20,042
Net investment gain/loss from registered investment companies (e.g. mutual funds)2016-08-31$19,127
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-08-31No
Was there a failure to transmit to the plan any participant contributions2016-08-31No
Has the plan failed to provide any benefit when due under the plan2016-08-31No
Income. Dividends from common stock2016-08-31$417,898
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-08-31$1,953,769
Did the plan have assets held for investment2016-08-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-08-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-08-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-08-31Yes
Opinion of an independent qualified public accountant for this plan2016-08-31Disclaimer
Accountancy firm name2016-08-31LAPORTE, A PROFESSIONAL ACCOUNTING
Accountancy firm EIN2016-08-31721088864
2015 : FRANCIS DRILLING FLUIDS, LTD. 401(K) PLAN 2015 401k financial data
Total income from all sources (including contributions)2015-08-31$874,320
Total of all expenses incurred2015-08-31$959,052
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-08-31$959,052
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-08-31$1,044,447
Value of total assets at end of year2015-08-31$9,314,068
Value of total assets at beginning of year2015-08-31$9,398,800
Total interest from all sources2015-08-31$20,541
Total dividends received (eg from common stock, registered investment company shares)2015-08-31$320,308
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2015-08-31No
Was this plan covered by a fidelity bond2015-08-31Yes
Value of fidelity bond cover2015-08-31$3,000,000
If this is an individual account plan, was there a blackout period2015-08-31No
Were there any nonexempt tranactions with any party-in-interest2015-08-31No
Contributions received from participants2015-08-31$789,431
Participant contributions at end of year2015-08-31$501,199
Participant contributions at beginning of year2015-08-31$502,039
Participant contributions at end of year2015-08-31$21,602
Participant contributions at beginning of year2015-08-31$19,107
Assets. Other investments not covered elsewhere at beginning of year2015-08-31$0
Income. Received or receivable in cash from other sources (including rollovers)2015-08-31$4,452
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2015-08-31$50
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2015-08-31No
Value of net income/loss2015-08-31$-84,732
Value of net assets at end of year (total assets less liabilities)2015-08-31$9,314,068
Value of net assets at beginning of year (total assets less liabilities)2015-08-31$9,398,800
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2015-08-31No
Were any loans by the plan or fixed income obligations due to the plan in default2015-08-31No
Were any leases to which the plan was party in default or uncollectible2015-08-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2015-08-31$8,791,267
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2015-08-31$8,868,342
Interest on participant loans2015-08-31$20,541
Value of interest in common/collective trusts at beginning of year2015-08-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2015-08-31$-510,976
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2015-08-31No
Was there a failure to transmit to the plan any participant contributions2015-08-31No
Has the plan failed to provide any benefit when due under the plan2015-08-31No
Contributions received in cash from employer2015-08-31$250,564
Employer contributions (assets) at beginning of year2015-08-31$9,312
Income. Dividends from common stock2015-08-31$320,308
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-08-31$959,002
Did the plan have assets held for investment2015-08-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2015-08-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2015-08-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2015-08-31Yes
Opinion of an independent qualified public accountant for this plan2015-08-31Disclaimer
Accountancy firm name2015-08-31LAPORTE, A PROFESSIONAL ACCOUNTING
Accountancy firm EIN2015-08-31721088864
2014 : FRANCIS DRILLING FLUIDS, LTD. 401(K) PLAN 2014 401k financial data
Total income from all sources (including contributions)2014-08-31$1,986,309
Total of all expenses incurred2014-08-31$1,556,956
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-08-31$1,557,116
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-08-31$726,440
Value of total assets at end of year2014-08-31$9,398,800
Value of total assets at beginning of year2014-08-31$8,969,447
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-08-31$-160
Total interest from all sources2014-08-31$21,996
Total dividends received (eg from common stock, registered investment company shares)2014-08-31$343,512
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2014-08-31No
Was this plan covered by a fidelity bond2014-08-31Yes
Value of fidelity bond cover2014-08-31$3,000,000
If this is an individual account plan, was there a blackout period2014-08-31No
Were there any nonexempt tranactions with any party-in-interest2014-08-31No
Contributions received from participants2014-08-31$503,327
Participant contributions at end of year2014-08-31$502,039
Participant contributions at beginning of year2014-08-31$543,750
Participant contributions at end of year2014-08-31$19,107
Participant contributions at beginning of year2014-08-31$15,804
Assets. Other investments not covered elsewhere at end of year2014-08-31$0
Assets. Other investments not covered elsewhere at beginning of year2014-08-31$1,897
Administrative expenses (other) incurred2014-08-31$-160
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2014-08-31No
Value of net income/loss2014-08-31$429,353
Value of net assets at end of year (total assets less liabilities)2014-08-31$9,398,800
Value of net assets at beginning of year (total assets less liabilities)2014-08-31$8,969,447
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2014-08-31No
Were any loans by the plan or fixed income obligations due to the plan in default2014-08-31No
Were any leases to which the plan was party in default or uncollectible2014-08-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2014-08-31$8,868,342
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2014-08-31$7,729,557
Interest on participant loans2014-08-31$21,996
Value of interest in common/collective trusts at end of year2014-08-31$0
Value of interest in common/collective trusts at beginning of year2014-08-31$671,122
Net investment gain/loss from registered investment companies (e.g. mutual funds)2014-08-31$894,361
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2014-08-31No
Was there a failure to transmit to the plan any participant contributions2014-08-31No
Has the plan failed to provide any benefit when due under the plan2014-08-31No
Contributions received in cash from employer2014-08-31$223,113
Employer contributions (assets) at end of year2014-08-31$9,312
Employer contributions (assets) at beginning of year2014-08-31$7,317
Income. Dividends from common stock2014-08-31$343,512
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-08-31$1,557,116
Did the plan have assets held for investment2014-08-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2014-08-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2014-08-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2014-08-31Yes
Opinion of an independent qualified public accountant for this plan2014-08-31Disclaimer
Accountancy firm name2014-08-31LAPORTE, A PROFESSIONAL ACCOUNTING
Accountancy firm EIN2014-08-31721088864
2013 : FRANCIS DRILLING FLUIDS, LTD. 401(K) PLAN 2013 401k financial data
Total income from all sources (including contributions)2013-08-31$1,861,581
Total of all expenses incurred2013-08-31$2,654,796
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-08-31$2,641,542
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-08-31$704,803
Value of total assets at end of year2013-08-31$8,969,447
Value of total assets at beginning of year2013-08-31$9,762,662
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-08-31$13,254
Total interest from all sources2013-08-31$21,173
Total dividends received (eg from common stock, registered investment company shares)2013-08-31$257,468
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2013-08-31No
Was this plan covered by a fidelity bond2013-08-31Yes
Value of fidelity bond cover2013-08-31$1,000,000
If this is an individual account plan, was there a blackout period2013-08-31No
Were there any nonexempt tranactions with any party-in-interest2013-08-31No
Contributions received from participants2013-08-31$545,467
Participant contributions at end of year2013-08-31$543,750
Participant contributions at beginning of year2013-08-31$507,511
Participant contributions at end of year2013-08-31$15,804
Participant contributions at beginning of year2013-08-31$16,782
Assets. Other investments not covered elsewhere at end of year2013-08-31$1,897
Assets. Other investments not covered elsewhere at beginning of year2013-08-31$-21,480
Income. Received or receivable in cash from other sources (including rollovers)2013-08-31$13,067
Administrative expenses (other) incurred2013-08-31$13,254
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2013-08-31No
Value of net income/loss2013-08-31$-793,215
Value of net assets at end of year (total assets less liabilities)2013-08-31$8,969,447
Value of net assets at beginning of year (total assets less liabilities)2013-08-31$9,762,662
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2013-08-31No
Were any loans by the plan or fixed income obligations due to the plan in default2013-08-31No
Were any leases to which the plan was party in default or uncollectible2013-08-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2013-08-31$7,729,557
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2013-08-31$8,286,369
Interest on participant loans2013-08-31$21,173
Value of interest in common/collective trusts at end of year2013-08-31$671,122
Value of interest in common/collective trusts at beginning of year2013-08-31$959,246
Net investment gain/loss from registered investment companies (e.g. mutual funds)2013-08-31$878,137
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2013-08-31No
Was there a failure to transmit to the plan any participant contributions2013-08-31No
Has the plan failed to provide any benefit when due under the plan2013-08-31No
Contributions received in cash from employer2013-08-31$146,269
Employer contributions (assets) at end of year2013-08-31$7,317
Employer contributions (assets) at beginning of year2013-08-31$14,234
Income. Dividends from common stock2013-08-31$257,468
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-08-31$2,641,542
Did the plan have assets held for investment2013-08-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2013-08-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2013-08-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2013-08-31Yes
Opinion of an independent qualified public accountant for this plan2013-08-31Disclaimer
Accountancy firm name2013-08-31LAPORTE, A PROFESSIONAL ACCOUNTING
Accountancy firm EIN2013-08-31721088864
2012 : FRANCIS DRILLING FLUIDS, LTD. 401(K) PLAN 2012 401k financial data
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-08-31$0
Total income from all sources (including contributions)2012-08-31$1,854,871
Total of all expenses incurred2012-08-31$989,365
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-08-31$988,610
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-08-31$1,116,761
Value of total assets at end of year2012-08-31$9,762,662
Value of total assets at beginning of year2012-08-31$8,897,156
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-08-31$755
Total interest from all sources2012-08-31$21,494
Total dividends received (eg from common stock, registered investment company shares)2012-08-31$169,739
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-08-31No
Was this plan covered by a fidelity bond2012-08-31Yes
Value of fidelity bond cover2012-08-31$1,000,000
If this is an individual account plan, was there a blackout period2012-08-31No
Were there any nonexempt tranactions with any party-in-interest2012-08-31No
Contributions received from participants2012-08-31$643,413
Participant contributions at end of year2012-08-31$507,511
Participant contributions at beginning of year2012-08-31$460,134
Participant contributions at end of year2012-08-31$16,782
Participant contributions at beginning of year2012-08-31$19,839
Assets. Other investments not covered elsewhere at end of year2012-08-31$-21,480
Assets. Other investments not covered elsewhere at beginning of year2012-08-31$6,849
Administrative expenses (other) incurred2012-08-31$755
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2012-08-31No
Value of net income/loss2012-08-31$865,506
Value of net assets at end of year (total assets less liabilities)2012-08-31$9,762,662
Value of net assets at beginning of year (total assets less liabilities)2012-08-31$8,897,156
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2012-08-31No
Were any loans by the plan or fixed income obligations due to the plan in default2012-08-31No
Were any leases to which the plan was party in default or uncollectible2012-08-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2012-08-31$8,286,369
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2012-08-31$6,846,978
Interest on participant loans2012-08-31$21,494
Value of interest in common/collective trusts at end of year2012-08-31$959,246
Value of interest in common/collective trusts at beginning of year2012-08-31$1,547,534
Net investment gain/loss from registered investment companies (e.g. mutual funds)2012-08-31$546,877
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-08-31No
Was there a failure to transmit to the plan any participant contributions2012-08-31No
Has the plan failed to provide any benefit when due under the plan2012-08-31No
Contributions received in cash from employer2012-08-31$473,348
Employer contributions (assets) at end of year2012-08-31$14,234
Employer contributions (assets) at beginning of year2012-08-31$15,822
Income. Dividends from common stock2012-08-31$169,739
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-08-31$988,610
Did the plan have assets held for investment2012-08-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2012-08-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2012-08-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-08-31Yes
Opinion of an independent qualified public accountant for this plan2012-08-31Disclaimer
Accountancy firm name2012-08-31LAPORTE, A PROFESSIONAL ACCOUNTING
Accountancy firm EIN2012-08-31721088864
2011 : FRANCIS DRILLING FLUIDS, LTD. 401(K) PLAN 2011 401k financial data
Total unrealized appreciation/depreciation of assets2011-08-31$0
Total transfer of assets to this plan2011-08-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-08-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-08-31$0
Total income from all sources (including contributions)2011-08-31$1,684,223
Total loss/gain on sale of assets2011-08-31$0
Total of all expenses incurred2011-08-31$432,253
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-08-31$428,488
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-08-31$876,910
Value of total assets at end of year2011-08-31$8,897,156
Value of total assets at beginning of year2011-08-31$7,645,186
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-08-31$3,765
Total interest from all sources2011-08-31$21,383
Total dividends received (eg from common stock, registered investment company shares)2011-08-31$173,378
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-08-31No
Was this plan covered by a fidelity bond2011-08-31Yes
Value of fidelity bond cover2011-08-31$1,000,000
If this is an individual account plan, was there a blackout period2011-08-31No
Were there any nonexempt tranactions with any party-in-interest2011-08-31No
Contributions received from participants2011-08-31$495,284
Participant contributions at end of year2011-08-31$460,134
Participant contributions at beginning of year2011-08-31$466,001
Participant contributions at end of year2011-08-31$19,839
Participant contributions at beginning of year2011-08-31$4,572
Income. Received or receivable in cash from other sources (including rollovers)2011-08-31$25,748
Administrative expenses (other) incurred2011-08-31$3,765
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-08-31No
Value of net income/loss2011-08-31$1,251,970
Value of net assets at end of year (total assets less liabilities)2011-08-31$8,897,156
Value of net assets at beginning of year (total assets less liabilities)2011-08-31$7,645,186
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2011-08-31No
Were any loans by the plan or fixed income obligations due to the plan in default2011-08-31No
Were any leases to which the plan was party in default or uncollectible2011-08-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2011-08-31$6,846,978
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2011-08-31$5,712,206
Interest on participant loans2011-08-31$21,383
Value of interest in common/collective trusts at end of year2011-08-31$1,554,383
Value of interest in common/collective trusts at beginning of year2011-08-31$1,452,837
Net investment gain/loss from registered investment companies (e.g. mutual funds)2011-08-31$612,552
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-08-31No
Was there a failure to transmit to the plan any participant contributions2011-08-31No
Has the plan failed to provide any benefit when due under the plan2011-08-31No
Contributions received in cash from employer2011-08-31$355,878
Employer contributions (assets) at end of year2011-08-31$15,822
Employer contributions (assets) at beginning of year2011-08-31$9,570
Income. Dividends from common stock2011-08-31$173,378
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-08-31$428,488
Did the plan have assets held for investment2011-08-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2011-08-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2011-08-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-08-31Yes
Opinion of an independent qualified public accountant for this plan2011-08-31Disclaimer
Accountancy firm name2011-08-31LAPORTE, SEHRT, ROMIG, HAND
Accountancy firm EIN2011-08-31721088864

Form 5500 Responses for FRANCIS DRILLING FLUIDS, LTD. 401(K) PLAN

2017: FRANCIS DRILLING FLUIDS, LTD. 401(K) PLAN 2017 form 5500 responses
2017-09-01Type of plan entitySingle employer plan
2017-09-01Submission has been amendedYes
2017-09-01This submission is the final filingNo
2017-09-01This return/report is a short plan year return/report (less than 12 months)No
2017-09-01Plan is a collectively bargained planNo
2017-09-01Plan funding arrangement – TrustYes
2017-09-01Plan benefit arrangement - TrustYes
2016: FRANCIS DRILLING FLUIDS, LTD. 401(K) PLAN 2016 form 5500 responses
2016-09-01Type of plan entitySingle employer plan
2016-09-01Submission has been amendedNo
2016-09-01This submission is the final filingNo
2016-09-01This return/report is a short plan year return/report (less than 12 months)No
2016-09-01Plan is a collectively bargained planNo
2016-09-01Plan funding arrangement – TrustYes
2016-09-01Plan benefit arrangement - TrustYes
2015: FRANCIS DRILLING FLUIDS, LTD. 401(K) PLAN 2015 form 5500 responses
2015-09-01Type of plan entitySingle employer plan
2015-09-01Submission has been amendedNo
2015-09-01This submission is the final filingNo
2015-09-01This return/report is a short plan year return/report (less than 12 months)No
2015-09-01Plan is a collectively bargained planNo
2015-09-01Plan funding arrangement – TrustYes
2015-09-01Plan benefit arrangement - TrustYes
2014: FRANCIS DRILLING FLUIDS, LTD. 401(K) PLAN 2014 form 5500 responses
2014-09-01Type of plan entitySingle employer plan
2014-09-01Submission has been amendedNo
2014-09-01This submission is the final filingNo
2014-09-01This return/report is a short plan year return/report (less than 12 months)No
2014-09-01Plan is a collectively bargained planNo
2014-09-01Plan funding arrangement – TrustYes
2014-09-01Plan benefit arrangement - TrustYes
2013: FRANCIS DRILLING FLUIDS, LTD. 401(K) PLAN 2013 form 5500 responses
2013-09-01Type of plan entitySingle employer plan
2013-09-01Submission has been amendedNo
2013-09-01This submission is the final filingNo
2013-09-01This return/report is a short plan year return/report (less than 12 months)No
2013-09-01Plan is a collectively bargained planNo
2013-09-01Plan funding arrangement – TrustYes
2013-09-01Plan benefit arrangement - TrustYes
2012: FRANCIS DRILLING FLUIDS, LTD. 401(K) PLAN 2012 form 5500 responses
2012-09-01Type of plan entitySingle employer plan
2012-09-01Submission has been amendedNo
2012-09-01This submission is the final filingNo
2012-09-01This return/report is a short plan year return/report (less than 12 months)No
2012-09-01Plan is a collectively bargained planNo
2012-09-01Plan funding arrangement – TrustYes
2012-09-01Plan benefit arrangement - TrustYes
2011: FRANCIS DRILLING FLUIDS, LTD. 401(K) PLAN 2011 form 5500 responses
2011-09-01Type of plan entitySingle employer plan
2011-09-01Submission has been amendedNo
2011-09-01This submission is the final filingNo
2011-09-01This return/report is a short plan year return/report (less than 12 months)No
2011-09-01Plan is a collectively bargained planNo
2011-09-01Plan funding arrangement – TrustYes
2011-09-01Plan benefit arrangement - TrustYes
2009: FRANCIS DRILLING FLUIDS, LTD. 401(K) PLAN 2009 form 5500 responses
2009-09-01Type of plan entitySingle employer plan
2009-09-01Submission has been amendedNo
2009-09-01This submission is the final filingNo
2009-09-01This return/report is a short plan year return/report (less than 12 months)No
2009-09-01Plan is a collectively bargained planNo
2009-09-01Plan funding arrangement – TrustYes
2009-09-01Plan benefit arrangement - TrustYes

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