401k Plan data: OIL & GAS EQUIPMENT CORP DEFINED BENEFIT PENSION PLAN plan

OIL & GAS EQUIPMENT CORP DEFINED BENEFIT PENSION PLAN 401k Plan overview

Plan Name	OIL & GAS EQUIPMENT CORP DEFINED BENEFIT PENSION PLAN
Plan identification number	001

OIL & GAS EQUIPMENT CORP DEFINED BENEFIT PENSION PLAN Benefits

401k Plan Type

Defined Benefit Pension

Plan Features/Benefits

Benefits are primarily pay related
Covered by PBGC - Plan is covered under the PBGC insurance program (see ERISA section 4021).
Frozen Plan - As of the last day of the plan year, the plan provides that no participant will get any new benefit accrual (whether because of service or compensation).
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

OIL & GAS CORPORATION has sponsored the creation of one or more 401k plans.

Company Name: OIL & GAS CORPORATION

Employer identification number (EIN): 850153990

NAIC Classification: 423400

Form 5500 Filing Information

Submission information for form 5500 for 401k plan OIL & GAS EQUIPMENT CORP DEFINED BENEFIT PENSION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2012-01-01 MICHAEL DEGNER MICHAEL DEGNER 2012-12-19
001 2011-01-01 MICHAEL DEGNER MICHAEL DEGNER 2012-06-06
001 2009-01-01 MICHAEL J DEGNER MICHAEL J DEGNER 2010-10-11
001 2009-01-01 MICHAEL DEGNER MICHAEL DEGNER 2010-10-11
001 2009-01-01 MICHAEL DEGNER MICHAEL DEGNER 2010-10-12

Plan id#	Filing Submission Date	Name of Administrator	Name of Company Sponsor	Date Sponsor Signed
001	2012-01-01	MICHAEL DEGNER	MICHAEL DEGNER	2012-12-19
001	2011-01-01	MICHAEL DEGNER	MICHAEL DEGNER	2012-06-06
001	2009-01-01	MICHAEL J DEGNER	MICHAEL J DEGNER	2010-10-11
001	2009-01-01	MICHAEL DEGNER	MICHAEL DEGNER	2010-10-11
001	2009-01-01	MICHAEL DEGNER	MICHAEL DEGNER	2010-10-12

Plan Statistics for OIL & GAS EQUIPMENT CORP DEFINED BENEFIT PENSION PLAN

401k plan membership statisitcs for OIL & GAS EQUIPMENT CORP DEFINED BENEFIT PENSION PLAN

Measure Date Value
2012: OIL & GAS EQUIPMENT CORP DEFINED BENEFIT PENSION PLAN 2012 401k membership
Total participants, beginning-of-year 2012-01-01 20
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 0
Number of retired or separated participants receiving benefits 2012-01-01 0
Number of other retired or separated participants entitled to future benefits 2012-01-01 0
Total of all active and inactive participants 2012-01-01 0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-01-01 0
Total participants 2012-01-01 0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-01-01 0
2011: OIL & GAS EQUIPMENT CORP DEFINED BENEFIT PENSION PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 23
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 16
Number of retired or separated participants receiving benefits 2011-01-01 0
Number of other retired or separated participants entitled to future benefits 2011-01-01 5
Total of all active and inactive participants 2011-01-01 21
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 0
Total participants 2011-01-01 21
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 0
2009: OIL & GAS EQUIPMENT CORP DEFINED BENEFIT PENSION PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-01 23
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 20
Number of retired or separated participants receiving benefits 2009-01-01 0
Number of other retired or separated participants entitled to future benefits 2009-01-01 2
Total of all active and inactive participants 2009-01-01 22
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 1
Total participants 2009-01-01 23
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 0

Measure	Date	Value
2012: OIL & GAS EQUIPMENT CORP DEFINED BENEFIT PENSION PLAN 2012 401k membership
Total participants, beginning-of-year	2012-01-01	20
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	0
Number of retired or separated participants receiving benefits	2012-01-01	0
Number of other retired or separated participants entitled to future benefits	2012-01-01	0
Total of all active and inactive participants	2012-01-01	0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-01-01	0
Total participants	2012-01-01	0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-01-01	0
2011: OIL & GAS EQUIPMENT CORP DEFINED BENEFIT PENSION PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	23
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	16
Number of retired or separated participants receiving benefits	2011-01-01	0
Number of other retired or separated participants entitled to future benefits	2011-01-01	5
Total of all active and inactive participants	2011-01-01	21
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	0
Total participants	2011-01-01	21
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	0
2009: OIL & GAS EQUIPMENT CORP DEFINED BENEFIT PENSION PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-01	23
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	20
Number of retired or separated participants receiving benefits	2009-01-01	0
Number of other retired or separated participants entitled to future benefits	2009-01-01	2
Total of all active and inactive participants	2009-01-01	22
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	1
Total participants	2009-01-01	23
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	0

Financial Data on OIL & GAS EQUIPMENT CORP DEFINED BENEFIT PENSION PLAN

Measure	Date	Value
2012 : OIL & GAS EQUIPMENT CORP DEFINED BENEFIT PENSION PLAN 2012 401k financial data
Total plan liabilities at end of year	2012-10-31	$0
Total plan liabilities at beginning of year	2012-10-31	$0
Expenses. Total of all expenses incurred	2012-10-31	$2,363,426
Benefits paid (including direct rollovers)	2012-10-31	$2,337,134
Total plan assets at end of year	2012-10-31	$0
Total plan assets at beginning of year	2012-10-31	$2,363,426
Value of fidelity bond covering the plan	2012-10-31	$240,000
Net income (gross income less expenses)	2012-10-31	$-2,363,426
Net plan assets at end of year (total assets less liabilities)	2012-10-31	$0
Net plan assets at beginning of year (total assets less liabilities)	2012-10-31	$2,363,426
Expenses. Administrative service providers (salaries,fees and commissions)	2012-10-31	$26,292
2011 : OIL & GAS EQUIPMENT CORP DEFINED BENEFIT PENSION PLAN 2011 401k financial data
Total income from all sources	2011-12-31	$25,210
Expenses. Total of all expenses incurred	2011-12-31	$29,609
Total plan assets at end of year	2011-12-31	$2,363,426
Total plan assets at beginning of year	2011-12-31	$2,367,825
Value of fidelity bond covering the plan	2011-12-31	$240,000
Other income received	2011-12-31	$25,210
Net income (gross income less expenses)	2011-12-31	$-4,399
Net plan assets at end of year (total assets less liabilities)	2011-12-31	$2,363,426
Net plan assets at beginning of year (total assets less liabilities)	2011-12-31	$2,367,825
Total contributions received or receivable from employer(s)	2011-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2011-12-31	$29,609
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2011-12-31	$0
2010 : OIL & GAS EQUIPMENT CORP DEFINED BENEFIT PENSION PLAN 2010 401k financial data
Total income from all sources	2010-12-31	$613,556
Expenses. Total of all expenses incurred	2010-12-31	$51,060
Benefits paid (including direct rollovers)	2010-12-31	$26,334
Total plan assets at end of year	2010-12-31	$2,367,825
Total plan assets at beginning of year	2010-12-31	$1,805,329
Value of fidelity bond covering the plan	2010-12-31	$240,000
Other income received	2010-12-31	$213,556
Net income (gross income less expenses)	2010-12-31	$562,496
Net plan assets at end of year (total assets less liabilities)	2010-12-31	$2,367,825
Net plan assets at beginning of year (total assets less liabilities)	2010-12-31	$1,805,329
Assets. Value of assets in partnership/joint-venture interests	2010-12-31	$0
Total contributions received or receivable from employer(s)	2010-12-31	$400,000
Expenses. Administrative service providers (salaries,fees and commissions)	2010-12-31	$24,726
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2010-12-31	$0
2009 : OIL & GAS EQUIPMENT CORP DEFINED BENEFIT PENSION PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2009-12-31	$0

Form 5500 Responses for OIL & GAS EQUIPMENT CORP DEFINED BENEFIT PENSION PLAN

2012: OIL & GAS EQUIPMENT CORP DEFINED BENEFIT PENSION PLAN 2012 form 5500 responses
2012-01-01	Type of plan entity	Single employer plan
2012-01-01	Submission has been amended	No
2012-01-01	This submission is the final filing	Yes
2012-01-01	This return/report is a short plan year return/report (less than 12 months)	Yes
2012-01-01	Plan is a collectively bargained plan	No
2012-01-01	Plan funding arrangement – Trust	Yes
2012-01-01	Plan benefit arrangement - Trust	Yes
2011: OIL & GAS EQUIPMENT CORP DEFINED BENEFIT PENSION PLAN 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	Submission has been amended	No
2011-01-01	This submission is the final filing	No
2011-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2011-01-01	Plan is a collectively bargained plan	No
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes
2009: OIL & GAS EQUIPMENT CORP DEFINED BENEFIT PENSION PLAN 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Submission has been amended	No
2009-01-01	This submission is the final filing	No
2009-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-01-01	Plan is a collectively bargained plan	No
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

Potentially related plans

Was this data useful?

If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us. Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer

The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

Company Name:	OIL & GAS CORPORATION
Employer identification number (EIN):	850153990
NAIC Classification:	423400