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PETRO LOG INTERNATIONAL, INC. 401(K) PLAN 401k Plan overview

Plan NamePETRO LOG INTERNATIONAL, INC. 401(K) PLAN
Plan identification number 002

PETRO LOG INTERNATIONAL, 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.
  • 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

PETRO LOG INTERNATIONAL, INC. has sponsored the creation of one or more 401k plans.

Company Name:PETRO LOG INTERNATIONAL, INC.
Employer identification number (EIN):010548093
NAIC Classification:213110
NAIC Description: Support Activities for Mining

Additional information about PETRO LOG INTERNATIONAL, INC.

Jurisdiction of Incorporation: Texas Secretary of State
Incorporation Date: 2001-12-21
Company Identification Number: 0800038706
Legal Registered Office Address: 3 SUGAR CREEK CENTER BLVD STE 100

SUGAR LAND
United States of America (USA)
77478

More information about PETRO LOG INTERNATIONAL, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PETRO LOG INTERNATIONAL, INC. 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022023-01-01PENNY CASH2024-04-25
0022022-01-01PENNY CASH2023-06-29
0022021-01-01PENNY CASH2022-07-28
0022020-01-01PENNY CASH2021-06-30 PENNY CASH2021-06-30
0022019-01-01PENNY CASH2020-08-11
0022018-01-01MARK NORMAND2019-07-17 MARK NORMAND2019-07-17
0022017-01-01MARK NORMAND2018-06-15 MARK NORMAND2018-06-15
0022016-01-01MARK NORMAND2017-07-24 MARK NORMAND2017-07-24
0022015-01-01MARK NORMAND2016-07-14 MARK NORMAND2016-07-14
0022015-01-01MARK NORMAND2016-07-12 MARK NORMAND2016-07-12
0022014-01-01MARK NORMAND2015-06-04 MARK NORMAND2015-06-04
0022013-01-01MARK NORMAND2014-06-23 MARK NORMAND2014-06-23
0022012-01-01MARK NORMAND2013-04-18 MARK NORMAND2013-04-18
0022011-01-01MARK S. NORMAND
0022010-01-01MARK S. NORMAND

Financial Data on PETRO LOG INTERNATIONAL, INC. 401(K) PLAN

Measure Date Value
2025 : PETRO LOG INTERNATIONAL, INC. 401(K) PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-05-0923176
Net assets as of the end of the plan year2025-05-091115815
Total assets as of the beginning of the plan year2025-05-091010042
Value of plan covered by a fidelity bond2025-05-09111581
Participant contributions to plan in this plan year2025-05-0910316
Other income to plan in this plan year2025-05-09117084
Plan net income in this plan year2025-05-09105773
Net assets as of the end of the plan year2025-05-091115815
Net assets as of the beginning of the plan year2025-05-091010042
Employer contributions to plan in this plan year2025-05-091549
Fees paid to broker by Benefit Provider2025-05-092668
Expensese paid to adminstrative service provicers from plan in this plan year2025-05-0928
2024 : PETRO LOG INTERNATIONAL, INC. 401(K) PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-04-251662
Net assets as of the end of the plan year2024-04-251010042
Total assets as of the beginning of the plan year2024-04-25832942
Value of plan covered by a fidelity bond2024-04-25101004
Participant contributions to plan in this plan year2024-04-2555296
Other income to plan in this plan year2024-04-25118732
Plan net income in this plan year2024-04-25177100
Net assets as of the end of the plan year2024-04-251010042
Net assets as of the beginning of the plan year2024-04-25832942
Employer contributions to plan in this plan year2024-04-254734
Fees paid to broker by Benefit Provider2024-04-252226
Expensese paid to adminstrative service provicers from plan in this plan year2024-04-2514
2022 : PETRO LOG INTERNATIONAL, INC. 401(K) PLAN 2022 401k financial data
Total expenses incurred by plan in this plan year2022-07-2818591
Net assets as of the end of the plan year2022-07-281167096
Total assets as of the beginning of the plan year2022-07-281037251
Value of plan covered by a fidelity bond2022-07-28100000
Participant contributions to plan in this plan year2022-07-2810009
Other income to plan in this plan year2022-07-28136609
Plan net income in this plan year2022-07-28129845
Net assets as of the end of the plan year2022-07-281167096
Net assets as of the beginning of the plan year2022-07-281037251
Employer contributions to plan in this plan year2022-07-281818
Fees paid to broker by Benefit Provider2022-07-283465
Expensese paid to adminstrative service provicers from plan in this plan year2022-07-281021
2011 : PETRO LOG INTERNATIONAL, INC. 401(K) PLAN 2011 401k financial data
Total income from all sources2011-12-31$46,991
Expenses. Total of all expenses incurred2011-12-31$6,473
Benefits paid (including direct rollovers)2011-12-31$6,323
Total plan assets at end of year2011-12-31$657,816
Total plan assets at beginning of year2011-12-31$617,298
Value of fidelity bond covering the plan2011-12-31$100,000
Total contributions received or receivable from participants2011-12-31$47,542
Other income received2011-12-31$-8,684
Net income (gross income less expenses)2011-12-31$40,518
Net plan assets at end of year (total assets less liabilities)2011-12-31$657,816
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$617,298
Total contributions received or receivable from employer(s)2011-12-31$8,133
Expenses. Administrative service providers (salaries,fees and commissions)2011-12-31$150
2010 : PETRO LOG INTERNATIONAL, INC. 401(K) PLAN 2010 401k financial data
Total income from all sources2010-12-31$117,526
Expenses. Total of all expenses incurred2010-12-31$5,089
Benefits paid (including direct rollovers)2010-12-31$4,864
Total plan assets at end of year2010-12-31$617,298
Total plan assets at beginning of year2010-12-31$504,861
Value of fidelity bond covering the plan2010-12-31$100,000
Total contributions received or receivable from participants2010-12-31$54,110
Other income received2010-12-31$54,005
Net income (gross income less expenses)2010-12-31$112,437
Net plan assets at end of year (total assets less liabilities)2010-12-31$617,298
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$504,861
Total contributions received or receivable from employer(s)2010-12-31$9,411
Expenses. Administrative service providers (salaries,fees and commissions)2010-12-31$225

Form 5500 Responses for PETRO LOG INTERNATIONAL, INC. 401(K) PLAN

2011: PETRO LOG INTERNATIONAL, 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 – InsuranceYes
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement – InsuranceYes
2011-01-01Plan benefit arrangement - TrustYes
2010: PETRO LOG INTERNATIONAL, INC. 401(K) PLAN 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Submission has been amendedNo
2010-01-01This submission is the final filingNo
2010-01-01This return/report is a short plan year return/report (less than 12 months)No
2010-01-01Plan is a collectively bargained planNo
2010-01-01Plan funding arrangement – InsuranceYes
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement – InsuranceYes
2010-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

VOYA RETIRIEMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 86509 )
Policy contract number876122
Policy instance 1
VOYA RETIRIEMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 86509 )
Policy contract number876122
Policy instance 1

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