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THE PETROLEUM & RESOURCES CORPORATION EMPLOYEE THRIFT PLAN 401k Plan overview

Plan NameTHE PETROLEUM & RESOURCES CORPORATION EMPLOYEE THRIFT PLAN
Plan identification number 002

THE PETROLEUM & RESOURCES CORPORATION EMPLOYEE THRIFT 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.
  • Plan requiring that all or part of employer contributions be invested and held, at least for a limited period, in employer securities.

401k Sponsoring company profile

PETROLEUM & RESOURCES CORPORATION has sponsored the creation of one or more 401k plans.

Company Name:PETROLEUM & RESOURCES CORPORATION
Employer identification number (EIN):135506797
NAIC Classification:525990
NAIC Description:Other Financial Vehicles

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE PETROLEUM & RESOURCES CORPORATION EMPLOYEE THRIFT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022019-01-01
0022018-01-01
0022017-01-01CHRISTY SLOAN CHRISTY SLOAN2018-07-31
0022016-01-01CHRISTY SLOAN CHRISTY SLOAN2017-07-31
0022015-01-01CHRISTY SLOAN CHRISTY SLOAN2016-10-11
0022014-01-01CHRISTINE SLOAN CHRISTINE SLOAN2015-07-31
0022013-01-01CHRISTINE SLOAN CHRISTINE SLOAN2014-10-15
0022012-01-01CHRISTY SLOAN CHRISTY SLOAN2013-07-30
0022011-01-01CHRISTY SLOAN CHRISTY SLOAN2012-10-14
0022010-01-01CHRISTY SLOAN CHRISTY SLOAN2011-07-22
0022009-01-01CHRISTINE M SLOAN CHRISTINE M SLOAN2010-07-29

Plan Statistics for THE PETROLEUM & RESOURCES CORPORATION EMPLOYEE THRIFT PLAN

401k plan membership statisitcs for THE PETROLEUM & RESOURCES CORPORATION EMPLOYEE THRIFT PLAN

Measure Date Value
2019: THE PETROLEUM & RESOURCES CORPORATION EMPLOYEE THRIFT PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-0121
Total number of active participants reported on line 7a of the Form 55002019-01-010
Number of retired or separated participants receiving benefits2019-01-010
Number of other retired or separated participants entitled to future benefits2019-01-010
Total of all active and inactive participants2019-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-010
Number of participants with account balances2019-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-010
2018: THE PETROLEUM & RESOURCES CORPORATION EMPLOYEE THRIFT PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-0120
Total number of active participants reported on line 7a of the Form 55002018-01-0116
Number of retired or separated participants receiving benefits2018-01-010
Number of other retired or separated participants entitled to future benefits2018-01-015
Total of all active and inactive participants2018-01-0121
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-0121
Number of participants with account balances2018-01-0121
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-010
2017: THE PETROLEUM & RESOURCES CORPORATION EMPLOYEE THRIFT PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-0119
Total number of active participants reported on line 7a of the Form 55002017-01-0116
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-014
Total of all active and inactive participants2017-01-0120
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-0120
Number of participants with account balances2017-01-0120
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-010
2016: THE PETROLEUM & RESOURCES CORPORATION EMPLOYEE THRIFT PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-0123
Total number of active participants reported on line 7a of the Form 55002016-01-0116
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-013
Total of all active and inactive participants2016-01-0119
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-0119
Number of participants with account balances2016-01-0119
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-010
2015: THE PETROLEUM & RESOURCES CORPORATION EMPLOYEE THRIFT PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-0120
Total number of active participants reported on line 7a of the Form 55002015-01-0117
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-016
Total of all active and inactive participants2015-01-0123
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-0123
Number of participants with account balances2015-01-0123
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-010
2014: THE PETROLEUM & RESOURCES CORPORATION EMPLOYEE THRIFT PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-0119
Total number of active participants reported on line 7a of the Form 55002014-01-0116
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-014
Total of all active and inactive participants2014-01-0120
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-0120
Number of participants with account balances2014-01-0120
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-010
2013: THE PETROLEUM & RESOURCES CORPORATION EMPLOYEE THRIFT PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-0118
Total number of active participants reported on line 7a of the Form 55002013-01-0115
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-014
Total of all active and inactive participants2013-01-0119
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-0119
Number of participants with account balances2013-01-0119
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-011
2012: THE PETROLEUM & RESOURCES CORPORATION EMPLOYEE THRIFT PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-0117
Total number of active participants reported on line 7a of the Form 55002012-01-0116
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-012
Total of all active and inactive participants2012-01-0118
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-0118
Number of participants with account balances2012-01-0118
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010
2011: THE PETROLEUM & RESOURCES CORPORATION EMPLOYEE THRIFT PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-0117
Total number of active participants reported on line 7a of the Form 55002011-01-0115
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-012
Total of all active and inactive participants2011-01-0117
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-0117
Number of participants with account balances2011-01-0117
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010
2010: THE PETROLEUM & RESOURCES CORPORATION EMPLOYEE THRIFT PLAN 2010 401k membership
Total participants, beginning-of-year2010-01-0115
Total number of active participants reported on line 7a of the Form 55002010-01-0115
Number of retired or separated participants receiving benefits2010-01-010
Number of other retired or separated participants entitled to future benefits2010-01-012
Total of all active and inactive participants2010-01-0117
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-010
Total participants2010-01-0117
Number of participants with account balances2010-01-0117
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-010
2009: THE PETROLEUM & RESOURCES CORPORATION EMPLOYEE THRIFT PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-0117
Total number of active participants reported on line 7a of the Form 55002009-01-0113
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-012
Total of all active and inactive participants2009-01-0115
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-0115
Number of participants with account balances2009-01-0115
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on THE PETROLEUM & RESOURCES CORPORATION EMPLOYEE THRIFT PLAN

Measure Date Value
2019 : THE PETROLEUM & RESOURCES CORPORATION EMPLOYEE THRIFT PLAN 2019 401k financial data
Transfers to/from the plan2019-02-15$-5,743,274
Total plan liabilities at end of year2019-02-15$0
Total plan liabilities at beginning of year2019-02-15$0
Total income from all sources2019-02-15$524,109
Expenses. Total of all expenses incurred2019-02-15$0
Benefits paid (including direct rollovers)2019-02-15$0
Total plan assets at end of year2019-02-15$0
Total plan assets at beginning of year2019-02-15$5,219,165
Value of fidelity bond covering the plan2019-02-15$1,658,000
Total contributions received or receivable from participants2019-02-15$0
Expenses. Other expenses not covered elsewhere2019-02-15$0
Contributions received from other sources (not participants or employers)2019-02-15$0
Other income received2019-02-15$524,109
Noncash contributions received2019-02-15$0
Net income (gross income less expenses)2019-02-15$524,109
Net plan assets at end of year (total assets less liabilities)2019-02-15$0
Net plan assets at beginning of year (total assets less liabilities)2019-02-15$5,219,165
Assets. Value of participant loans2019-02-15$0
Value of loans by the plan or fixed income obligations due to the plan which were in default or classified as uncollectible at the close of the plan year2019-02-15$0
Value of leases to which the plan was a party in default or classified as uncollectible during the plan year2019-02-15$0
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022019-02-15$0
Assets. Value of employer securities2019-02-15$0
Total contributions received or receivable from employer(s)2019-02-15$0
Value of certain deemed distributions of participant loans2019-02-15$0
Value of corrective distributions2019-02-15$0
Expenses. Administrative service providers (salaries,fees and commissions)2019-02-15$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-02-15$0
2018 : THE PETROLEUM & RESOURCES CORPORATION EMPLOYEE THRIFT PLAN 2018 401k financial data
Transfers to/from the plan2018-12-31$0
Total plan liabilities at end of year2018-12-31$0
Total plan liabilities at beginning of year2018-12-31$0
Total income from all sources2018-12-31$-151,909
Expenses. Total of all expenses incurred2018-12-31$525
Benefits paid (including direct rollovers)2018-12-31$525
Total plan assets at end of year2018-12-31$5,219,165
Total plan assets at beginning of year2018-12-31$5,371,599
Value of fidelity bond covering the plan2018-12-31$1,658,000
Total contributions received or receivable from participants2018-12-31$107,377
Expenses. Other expenses not covered elsewhere2018-12-31$0
Contributions received from other sources (not participants or employers)2018-12-31$0
Other income received2018-12-31$-450,010
Noncash contributions received2018-12-31$0
Net income (gross income less expenses)2018-12-31$-152,434
Net plan assets at end of year (total assets less liabilities)2018-12-31$5,219,165
Net plan assets at beginning of year (total assets less liabilities)2018-12-31$5,371,599
Assets. Value of participant loans2018-12-31$20,180
Value of loans by the plan or fixed income obligations due to the plan which were in default or classified as uncollectible at the close of the plan year2018-12-31$0
Value of leases to which the plan was a party in default or classified as uncollectible during the plan year2018-12-31$0
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022018-12-31$0
Assets. Value of employer securities2018-12-31$1,290,022
Total contributions received or receivable from employer(s)2018-12-31$190,724
Value of certain deemed distributions of participant loans2018-12-31$0
Value of corrective distributions2018-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2018-12-31$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0
2017 : THE PETROLEUM & RESOURCES CORPORATION EMPLOYEE THRIFT PLAN 2017 401k financial data
Transfers to/from the plan2017-12-31$0
Total plan liabilities at end of year2017-12-31$0
Total plan liabilities at beginning of year2017-12-31$0
Total income from all sources2017-12-31$922,969
Expenses. Total of all expenses incurred2017-12-31$1,242
Benefits paid (including direct rollovers)2017-12-31$1,242
Total plan assets at end of year2017-12-31$5,371,599
Total plan assets at beginning of year2017-12-31$4,449,872
Value of fidelity bond covering the plan2017-12-31$1,145,675
Total contributions received or receivable from participants2017-12-31$104,256
Expenses. Other expenses not covered elsewhere2017-12-31$0
Contributions received from other sources (not participants or employers)2017-12-31$0
Other income received2017-12-31$631,886
Noncash contributions received2017-12-31$0
Net income (gross income less expenses)2017-12-31$921,727
Net plan assets at end of year (total assets less liabilities)2017-12-31$5,371,599
Net plan assets at beginning of year (total assets less liabilities)2017-12-31$4,449,872
Assets. Value of participant loans2017-12-31$14,558
Value of loans by the plan or fixed income obligations due to the plan which were in default or classified as uncollectible at the close of the plan year2017-12-31$0
Value of leases to which the plan was a party in default or classified as uncollectible during the plan year2017-12-31$0
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022017-12-31$0
Assets. Value of employer securities2017-12-31$1,475,414
Total contributions received or receivable from employer(s)2017-12-31$186,827
Value of certain deemed distributions of participant loans2017-12-31$0
Value of corrective distributions2017-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2017-12-31$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
2016 : THE PETROLEUM & RESOURCES CORPORATION EMPLOYEE THRIFT PLAN 2016 401k financial data
Transfers to/from the plan2016-12-31$0
Total plan liabilities at end of year2016-12-31$0
Total plan liabilities at beginning of year2016-12-31$0
Total income from all sources2016-12-31$687,866
Expenses. Total of all expenses incurred2016-12-31$199,841
Benefits paid (including direct rollovers)2016-12-31$199,624
Total plan assets at end of year2016-12-31$4,449,872
Total plan assets at beginning of year2016-12-31$3,961,847
Value of fidelity bond covering the plan2016-12-31$287,000
Total contributions received or receivable from participants2016-12-31$104,631
Expenses. Other expenses not covered elsewhere2016-12-31$0
Contributions received from other sources (not participants or employers)2016-12-31$0
Other income received2016-12-31$395,329
Noncash contributions received2016-12-31$0
Net income (gross income less expenses)2016-12-31$488,025
Net plan assets at end of year (total assets less liabilities)2016-12-31$4,449,872
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$3,961,847
Assets. Value of participant loans2016-12-31$9,043
Value of loans by the plan or fixed income obligations due to the plan which were in default or classified as uncollectible at the close of the plan year2016-12-31$0
Value of leases to which the plan was a party in default or classified as uncollectible during the plan year2016-12-31$0
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022016-12-31$0
Assets. Value of employer securities2016-12-31$1,244,957
Total contributions received or receivable from employer(s)2016-12-31$187,906
Value of certain deemed distributions of participant loans2016-12-31$0
Value of corrective distributions2016-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2016-12-31$217
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0
2015 : THE PETROLEUM & RESOURCES CORPORATION EMPLOYEE THRIFT PLAN 2015 401k financial data
Transfers to/from the plan2015-12-31$0
Total plan liabilities at end of year2015-12-31$0
Total plan liabilities at beginning of year2015-12-31$0
Total income from all sources2015-12-31$765,950
Expenses. Total of all expenses incurred2015-12-31$797,524
Benefits paid (including direct rollovers)2015-12-31$797,404
Total plan assets at end of year2015-12-31$3,961,847
Total plan assets at beginning of year2015-12-31$3,993,421
Value of fidelity bond covering the plan2015-12-31$5,000,000
Total contributions received or receivable from participants2015-12-31$108,538
Expenses. Other expenses not covered elsewhere2015-12-31$0
Contributions received from other sources (not participants or employers)2015-12-31$786,155
Other income received2015-12-31$-313,361
Noncash contributions received2015-12-31$0
Net income (gross income less expenses)2015-12-31$-31,574
Net plan assets at end of year (total assets less liabilities)2015-12-31$3,961,847
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$3,993,421
Assets. Value of participant loans2015-12-31$8,200
Value of loans by the plan or fixed income obligations due to the plan which were in default or classified as uncollectible at the close of the plan year2015-12-31$0
Value of leases to which the plan was a party in default or classified as uncollectible during the plan year2015-12-31$0
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022015-12-31$0
Assets. Value of employer securities2015-12-31$1,068,578
Total contributions received or receivable from employer(s)2015-12-31$184,618
Value of certain deemed distributions of participant loans2015-12-31$0
Value of corrective distributions2015-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2015-12-31$120
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-12-31$0
2014 : THE PETROLEUM & RESOURCES CORPORATION EMPLOYEE THRIFT PLAN 2014 401k financial data
Transfers to/from the plan2014-12-31$0
Total plan liabilities at end of year2014-12-31$0
Total plan liabilities at beginning of year2014-12-31$0
Total income from all sources2014-12-31$386,795
Expenses. Total of all expenses incurred2014-12-31$19,492
Benefits paid (including direct rollovers)2014-12-31$14,707
Total plan assets at end of year2014-12-31$3,993,421
Total plan assets at beginning of year2014-12-31$3,626,118
Value of fidelity bond covering the plan2014-12-31$5,000,000
Total contributions received or receivable from participants2014-12-31$102,905
Expenses. Other expenses not covered elsewhere2014-12-31$0
Contributions received from other sources (not participants or employers)2014-12-31$0
Other income received2014-12-31$100,458
Noncash contributions received2014-12-31$0
Net income (gross income less expenses)2014-12-31$367,303
Net plan assets at end of year (total assets less liabilities)2014-12-31$3,993,421
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$3,626,118
Assets. Value of participant loans2014-12-31$11,081
Value of loans by the plan or fixed income obligations due to the plan which were in default or classified as uncollectible at the close of the plan year2014-12-31$0
Value of leases to which the plan was a party in default or classified as uncollectible during the plan year2014-12-31$0
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022014-12-31$0
Assets. Value of employer securities2014-12-31$1,822,914
Total contributions received or receivable from employer(s)2014-12-31$183,432
Value of certain deemed distributions of participant loans2014-12-31$0
Value of corrective distributions2014-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2014-12-31$4,785
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-12-31$0
2013 : THE PETROLEUM & RESOURCES CORPORATION EMPLOYEE THRIFT PLAN 2013 401k financial data
Transfers to/from the plan2013-12-31$0
Total plan liabilities at end of year2013-12-31$0
Total plan liabilities at beginning of year2013-12-31$0
Total income from all sources2013-12-31$982,682
Expenses. Total of all expenses incurred2013-12-31$300,149
Benefits paid (including direct rollovers)2013-12-31$300,149
Total plan assets at end of year2013-12-31$3,626,118
Total plan assets at beginning of year2013-12-31$2,943,585
Value of fidelity bond covering the plan2013-12-31$4,487,300
Total contributions received or receivable from participants2013-12-31$99,349
Expenses. Other expenses not covered elsewhere2013-12-31$0
Contributions received from other sources (not participants or employers)2013-12-31$0
Other income received2013-12-31$722,262
Noncash contributions received2013-12-31$0
Net income (gross income less expenses)2013-12-31$682,533
Net plan assets at end of year (total assets less liabilities)2013-12-31$3,626,118
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$2,943,585
Assets. Value of participant loans2013-12-31$11,627
Value of loans by the plan or fixed income obligations due to the plan which were in default or classified as uncollectible at the close of the plan year2013-12-31$0
Value of leases to which the plan was a party in default or classified as uncollectible during the plan year2013-12-31$0
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022013-12-31$0
Assets. Value of employer securities2013-12-31$1,769,156
Total contributions received or receivable from employer(s)2013-12-31$161,071
Value of certain deemed distributions of participant loans2013-12-31$0
Value of corrective distributions2013-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2013-12-31$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-12-31$0
2012 : THE PETROLEUM & RESOURCES CORPORATION EMPLOYEE THRIFT PLAN 2012 401k financial data
Transfers to/from the plan2012-12-31$0
Total plan liabilities at end of year2012-12-31$0
Total plan liabilities at beginning of year2012-12-31$0
Total income from all sources2012-12-31$401,087
Expenses. Total of all expenses incurred2012-12-31$159,749
Benefits paid (including direct rollovers)2012-12-31$159,749
Total plan assets at end of year2012-12-31$2,943,585
Total plan assets at beginning of year2012-12-31$2,702,247
Value of fidelity bond covering the plan2012-12-31$3,665,000
Total contributions received or receivable from participants2012-12-31$89,427
Expenses. Other expenses not covered elsewhere2012-12-31$0
Contributions received from other sources (not participants or employers)2012-12-31$0
Other income received2012-12-31$168,347
Noncash contributions received2012-12-31$0
Net income (gross income less expenses)2012-12-31$241,338
Net plan assets at end of year (total assets less liabilities)2012-12-31$2,943,585
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$2,702,247
Assets. Value of participant loans2012-12-31$52,134
Value of loans by the plan or fixed income obligations due to the plan which were in default or classified as uncollectible at the close of the plan year2012-12-31$0
Value of leases to which the plan was a party in default or classified as uncollectible during the plan year2012-12-31$0
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022012-12-31$0
Assets. Value of employer securities2012-12-31$1,523,460
Total contributions received or receivable from employer(s)2012-12-31$143,313
Value of certain deemed distributions of participant loans2012-12-31$0
Value of corrective distributions2012-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2012-12-31$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
2011 : THE PETROLEUM & RESOURCES CORPORATION EMPLOYEE THRIFT PLAN 2011 401k financial data
Transfers to/from the plan2011-12-31$0
Total plan liabilities at end of year2011-12-31$0
Total plan liabilities at beginning of year2011-12-31$0
Total income from all sources2011-12-31$191,331
Expenses. Total of all expenses incurred2011-12-31$0
Benefits paid (including direct rollovers)2011-12-31$0
Total plan assets at end of year2011-12-31$2,702,247
Total plan assets at beginning of year2011-12-31$2,510,916
Value of fidelity bond covering the plan2011-12-31$3,600,000
Total contributions received or receivable from participants2011-12-31$88,064
Expenses. Other expenses not covered elsewhere2011-12-31$0
Contributions received from other sources (not participants or employers)2011-12-31$0
Other income received2011-12-31$-53,364
Noncash contributions received2011-12-31$0
Net income (gross income less expenses)2011-12-31$191,331
Net plan assets at end of year (total assets less liabilities)2011-12-31$2,702,247
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$2,510,916
Assets. Value of participant loans2011-12-31$29,048
Value of loans by the plan or fixed income obligations due to the plan which were in default or classified as uncollectible at the close of the plan year2011-12-31$0
Value of leases to which the plan was a party in default or classified as uncollectible during the plan year2011-12-31$0
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022011-12-31$0
Assets. Value of employer securities2011-12-31$1,545,605
Total contributions received or receivable from employer(s)2011-12-31$156,631
Value of certain deemed distributions of participant loans2011-12-31$0
Value of corrective distributions2011-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2011-12-31$0
2010 : THE PETROLEUM & RESOURCES CORPORATION EMPLOYEE THRIFT PLAN 2010 401k financial data
Transfers to/from the plan2010-12-31$0
Total plan liabilities at end of year2010-12-31$0
Total plan liabilities at beginning of year2010-12-31$0
Total income from all sources2010-12-31$546,759
Expenses. Total of all expenses incurred2010-12-31$9
Benefits paid (including direct rollovers)2010-12-31$9
Total plan assets at end of year2010-12-31$2,510,916
Total plan assets at beginning of year2010-12-31$1,964,166
Value of fidelity bond covering the plan2010-12-31$3,511,000
Total contributions received or receivable from participants2010-12-31$80,279
Expenses. Other expenses not covered elsewhere2010-12-31$0
Contributions received from other sources (not participants or employers)2010-12-31$0
Other income received2010-12-31$337,026
Noncash contributions received2010-12-31$0
Net income (gross income less expenses)2010-12-31$546,750
Net plan assets at end of year (total assets less liabilities)2010-12-31$2,510,916
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$1,964,166
Assets. Value of participant loans2010-12-31$50,469
Value of loans by the plan or fixed income obligations due to the plan which were in default or classified as uncollectible at the close of the plan year2010-12-31$0
Value of leases to which the plan was a party in default or classified as uncollectible during the plan year2010-12-31$0
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022010-12-31$0
Assets. Value of employer securities2010-12-31$1,483,903
Total contributions received or receivable from employer(s)2010-12-31$129,454
Value of certain deemed distributions of participant loans2010-12-31$0
Value of corrective distributions2010-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2010-12-31$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
2009 : THE PETROLEUM & RESOURCES CORPORATION EMPLOYEE THRIFT 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 THE PETROLEUM & RESOURCES CORPORATION EMPLOYEE THRIFT PLAN

2019: THE PETROLEUM & RESOURCES CORPORATION EMPLOYEE THRIFT PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01This submission is the final filingYes
2019-01-01This return/report is a short plan year return/report (less than 12 months)Yes
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – InsuranceYes
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement – InsuranceYes
2019-01-01Plan benefit arrangement - TrustYes
2018: THE PETROLEUM & RESOURCES CORPORATION EMPLOYEE THRIFT PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – InsuranceYes
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement – InsuranceYes
2018-01-01Plan benefit arrangement - TrustYes
2017: THE PETROLEUM & RESOURCES CORPORATION EMPLOYEE THRIFT PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – InsuranceYes
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement – InsuranceYes
2017-01-01Plan benefit arrangement - TrustYes
2016: THE PETROLEUM & RESOURCES CORPORATION EMPLOYEE THRIFT PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – InsuranceYes
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement – InsuranceYes
2016-01-01Plan benefit arrangement - TrustYes
2015: THE PETROLEUM & RESOURCES CORPORATION EMPLOYEE THRIFT PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – InsuranceYes
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement – InsuranceYes
2015-01-01Plan benefit arrangement - TrustYes
2014: THE PETROLEUM & RESOURCES CORPORATION EMPLOYEE THRIFT PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – InsuranceYes
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement – InsuranceYes
2014-01-01Plan benefit arrangement - TrustYes
2013: THE PETROLEUM & RESOURCES CORPORATION EMPLOYEE THRIFT PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planNo
2013-01-01Plan funding arrangement – InsuranceYes
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement – InsuranceYes
2013-01-01Plan benefit arrangement - TrustYes
2012: THE PETROLEUM & RESOURCES CORPORATION EMPLOYEE THRIFT PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – InsuranceYes
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement – InsuranceYes
2012-01-01Plan benefit arrangement - TrustYes
2011: THE PETROLEUM & RESOURCES CORPORATION EMPLOYEE THRIFT PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
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: THE PETROLEUM & RESOURCES CORPORATION EMPLOYEE THRIFT PLAN 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
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
2009: THE PETROLEUM & RESOURCES CORPORATION EMPLOYEE THRIFT PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
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 – InsuranceYes
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement – InsuranceYes
2009-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number519745
Policy instance 1
Insurance contract or identification number519745
Number of Individuals Covered0
Insurance policy start date2019-01-01
Insurance policy end date2019-02-15
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number519745
Policy instance 1
Insurance contract or identification number519745
Number of Individuals Covered21
Insurance policy start date2018-01-01
Insurance policy end date2018-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number519745
Policy instance 1
Insurance contract or identification number519745
Number of Individuals Covered20
Insurance policy start date2017-01-01
Insurance policy end date2017-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $988
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $0
Amount paid for insurance broker fees988
Additional information about fees paid to insurance brokerPRORATED INCENTIVE, NOT DEDUCTED FROM PLAN
Insurance broker organization code?3
Insurance broker nameLOCKTON FINANCIAL ADVISORS LLC
PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number519745
Policy instance 1
Insurance contract or identification number519745
Number of Individuals Covered23
Insurance policy start date2015-01-01
Insurance policy end date2015-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $400
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $0
Amount paid for insurance broker fees400
Additional information about fees paid to insurance brokerPRORATED INCENTIVE, NOT DEDUCTED FROM PLAN
Insurance broker organization code?3
Insurance broker nameLOCKTON FINANCIAL ADVISORS LLC
PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number519745
Policy instance 1
Insurance contract or identification number519745
Number of Individuals Covered19
Insurance policy start date2014-01-01
Insurance policy end date2014-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $380
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $0
Amount paid for insurance broker fees380
Additional information about fees paid to insurance brokerPRORATED INCENTIVE, NOT DEDUCTED FROM PLAN
Insurance broker organization code?3
Insurance broker nameLOCKTON FINANCIAL ADVISORS LLC
PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number519745
Policy instance 1
Insurance contract or identification number519745
Number of Individuals Covered19
Insurance policy start date2013-01-01
Insurance policy end date2013-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $645
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $0
Amount paid for insurance broker fees645
Additional information about fees paid to insurance brokerPRORATED INCENTIVE, NOT DEDUCTED FROM PLAN
Insurance broker organization code?3
Insurance broker nameLOCKTON FINANCIAL ADVISORS LLC
PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number519745
Policy instance 1
Insurance contract or identification number519745
Number of Individuals Covered18
Insurance policy start date2012-01-01
Insurance policy end date2012-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $292
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $0
Amount paid for insurance broker fees292
Additional information about fees paid to insurance brokerPRORATED INCENTIVE, NOT DEDUCTED FROM PLAN
Insurance broker organization code?3
Insurance broker nameNFP SECURITIES INC
PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number519745
Policy instance 1
Insurance contract or identification number519745
Number of Individuals Covered17
Insurance policy start date2011-01-01
Insurance policy end date2011-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $844
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number519745
Policy instance 1
Insurance contract or identification number519745
Number of Individuals Covered17
Insurance policy start date2010-01-01
Insurance policy end date2010-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $352
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $0
Amount paid for insurance broker fees352
Additional information about fees paid to insurance brokerPRORATED INCENTIVE, NOT DEDUCTED FROM PLAN
Insurance broker organization code?3
Insurance broker nameMML INVESTORS SERVICES LLC

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