401k Plan data: TITAN DRILLING CORPORATION PROFIT SHARING PLAN plan

TITAN DRILLING CORPORATION PROFIT SHARING PLAN 401k Plan overview

Plan Name	TITAN DRILLING CORPORATION PROFIT SHARING PLAN
Plan identification number	003

TITAN DRILLING CORPORATION PROFIT SHARING PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
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.
Life insurance

401k Sponsoring company profile

TITAN DRILLING CORPORATION has sponsored the creation of one or more 401k plans.

Company Name: TITAN DRILLING CORPORATION

Employer identification number (EIN): 160908676

NAIC Classification: 238900

Form 5500 Filing Information

Submission information for form 5500 for 401k plan TITAN DRILLING CORPORATION PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
003 2022-08-01 SONJA L. HANSELMAN 2024-01-26
003 2021-08-01 SONJA L. HANSELMAN 2023-03-13
003 2020-08-01 SONJA L. HANSELMAN 2021-11-09
003 2019-08-01 SONJA L. HANSELMAN 2021-02-16
003 2018-08-01 THEODORE W JOHNSON 2020-05-15 THEODORE W JOHNSON 2020-05-15
003 2017-08-01 THEODORE JOHNSON 2019-04-23 THEODORE JOHNSON 2019-04-23
003 2016-08-01 JILL JAMROZY 2018-03-01
003 2015-08-01
003 2014-08-01
003 2013-08-01 TROY JOHNSON 2015-05-15
003 2012-08-01 TROY JOHNSON 2014-05-15
003 2011-08-01 TROY JOHNSON 2013-05-13
003 2010-08-01 TROY JOHNSON
003 2009-08-01 TROY JOHNSON

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
003	2022-08-01	SONJA L. HANSELMAN	2024-01-26
003	2021-08-01	SONJA L. HANSELMAN	2023-03-13
003	2020-08-01	SONJA L. HANSELMAN	2021-11-09
003	2019-08-01	SONJA L. HANSELMAN	2021-02-16
003	2018-08-01	THEODORE W JOHNSON	2020-05-15	THEODORE W JOHNSON	2020-05-15
003	2017-08-01	THEODORE JOHNSON	2019-04-23	THEODORE JOHNSON	2019-04-23
003	2016-08-01	JILL JAMROZY	2018-03-01
003	2015-08-01
003	2014-08-01
003	2013-08-01	TROY JOHNSON	2015-05-15
003	2012-08-01	TROY JOHNSON	2014-05-15
003	2011-08-01	TROY JOHNSON	2013-05-13
003	2010-08-01	TROY JOHNSON
003	2009-08-01	TROY JOHNSON

Plan Statistics for TITAN DRILLING CORPORATION PROFIT SHARING PLAN

401k plan membership statisitcs for TITAN DRILLING CORPORATION PROFIT SHARING PLAN

Measure Date Value
2010: TITAN DRILLING CORPORATION PROFIT SHARING PLAN 2010 401k membership
Total participants, beginning-of-year 2010-08-01 16
Total number of active participants reported on line 7a of the Form 5500 2010-08-01 11
Number of retired or separated participants receiving benefits 2010-08-01 0
Number of other retired or separated participants entitled to future benefits 2010-08-01 4
Total of all active and inactive participants 2010-08-01 15
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2010-08-01 0
Total participants 2010-08-01 15
Number of participants with account balances 2010-08-01 15
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2010-08-01 0
2009: TITAN DRILLING CORPORATION PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year 2009-08-01 17
Total number of active participants reported on line 7a of the Form 5500 2009-08-01 11
Number of retired or separated participants receiving benefits 2009-08-01 0
Number of other retired or separated participants entitled to future benefits 2009-08-01 5
Total of all active and inactive participants 2009-08-01 16
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-08-01 0
Total participants 2009-08-01 16
Number of participants with account balances 2009-08-01 15
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-08-01 0

Measure	Date	Value
2010: TITAN DRILLING CORPORATION PROFIT SHARING PLAN 2010 401k membership
Total participants, beginning-of-year	2010-08-01	16
Total number of active participants reported on line 7a of the Form 5500	2010-08-01	11
Number of retired or separated participants receiving benefits	2010-08-01	0
Number of other retired or separated participants entitled to future benefits	2010-08-01	4
Total of all active and inactive participants	2010-08-01	15
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2010-08-01	0
Total participants	2010-08-01	15
Number of participants with account balances	2010-08-01	15
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2010-08-01	0
2009: TITAN DRILLING CORPORATION PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year	2009-08-01	17
Total number of active participants reported on line 7a of the Form 5500	2009-08-01	11
Number of retired or separated participants receiving benefits	2009-08-01	0
Number of other retired or separated participants entitled to future benefits	2009-08-01	5
Total of all active and inactive participants	2009-08-01	16
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-08-01	0
Total participants	2009-08-01	16
Number of participants with account balances	2009-08-01	15
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-08-01	0

Financial Data on TITAN DRILLING CORPORATION PROFIT SHARING PLAN

Measure	Date	Value
2011 : TITAN DRILLING CORPORATION PROFIT SHARING PLAN 2011 401k financial data
Transfers to/from the plan	2011-07-31	$0
Total plan liabilities at end of year	2011-07-31	$0
Total plan liabilities at beginning of year	2011-07-31	$0
Total income from all sources	2011-07-31	$-22,689
Expenses. Total of all expenses incurred	2011-07-31	$79,515
Benefits paid (including direct rollovers)	2011-07-31	$58,546
Total plan assets at end of year	2011-07-31	$1,165,954
Total plan assets at beginning of year	2011-07-31	$1,268,158
Value of fidelity bond covering the plan	2011-07-31	$50,000
Total contributions received or receivable from participants	2011-07-31	$7,808
Expenses. Other expenses not covered elsewhere	2011-07-31	$14,188
Contributions received from other sources (not participants or employers)	2011-07-31	$0
Other income received	2011-07-31	$-47,852
Noncash contributions received	2011-07-31	$0
Net income (gross income less expenses)	2011-07-31	$-102,204
Net plan assets at end of year (total assets less liabilities)	2011-07-31	$1,165,954
Net plan assets at beginning of year (total assets less liabilities)	2011-07-31	$1,268,158
Assets. Value of participant loans	2011-07-31	$41,821
Total contributions received or receivable from employer(s)	2011-07-31	$17,355
Value of certain deemed distributions of participant loans	2011-07-31	$0
Value of corrective distributions	2011-07-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2011-07-31	$6,781
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2011-07-31	$0
2010 : TITAN DRILLING CORPORATION PROFIT SHARING PLAN 2010 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2010-07-31	$0

Form 5500 Responses for TITAN DRILLING CORPORATION PROFIT SHARING PLAN

2010: TITAN DRILLING CORPORATION PROFIT SHARING PLAN 2010 form 5500 responses
2010-08-01	Type of plan entity	Single employer plan
2010-08-01	Submission has been amended	No
2010-08-01	This submission is the final filing	No
2010-08-01	This return/report is a short plan year return/report (less than 12 months)	No
2010-08-01	Plan is a collectively bargained plan	No
2010-08-01	Plan funding arrangement – Insurance	Yes
2010-08-01	Plan funding arrangement – Trust	Yes
2010-08-01	Plan benefit arrangement – Insurance	Yes
2010-08-01	Plan benefit arrangement - Trust	Yes
2009: TITAN DRILLING CORPORATION PROFIT SHARING PLAN 2009 form 5500 responses
2009-08-01	Type of plan entity	Single employer plan
2009-08-01	Submission has been amended	No
2009-08-01	This submission is the final filing	No
2009-08-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-08-01	Plan is a collectively bargained plan	No
2009-08-01	Plan funding arrangement – Insurance	Yes
2009-08-01	Plan funding arrangement – Trust	Yes
2009-08-01	Plan benefit arrangement – Insurance	Yes
2009-08-01	Plan benefit arrangement - Trust	Yes

Insurance Providers Used on plan

PENN MUTUAL LIFE INSURANCE CO (National Association of Insurance Commissioners NAIC id number: 67644 )

Policy contract number

8055G

Policy instance

Insurance contract or identification number	8055G
Number of Individuals Covered	1
Insurance policy start date	2010-08-01
Insurance policy end date	2011-07-31
Total amount of commissions paid to insurance broker	USD $3,000
Total amount of fees paid to insurance company	USD $0
Are there contracts with allocated funds for individual policies?	Yes
Are there contracts with allocated funds for group deferred annuity?	No
Are there contracts with allocated funds for types other than group deferred annuity or individual?	No
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Contracts With Unallocated Funds Deposit Administration	0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?	No
Are there contracts with unallocated funds for contracts of type guaranteed investment?	No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	No
Health Insurance Welfare Benefit	No
Dental Insurance Welfare Benefit	No
Vision Insurance Welfare Benefit	No
Life Insurance Welfare Benefit	Yes
Temporary Disability Insurance Welfare Benefit	No
Long Term Disability Insurance Welfare Benefit	No
Unemployment Insurance Welfare Benefit	No
Were dividends or retroactive rate refunds paid in cash?	No
Were dividends or retroactive rate refunds paid as a credit?	No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No

NATIONAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 66680 )

Policy contract number

0354310

Policy instance

Insurance contract or identification number	0354310
Number of Individuals Covered	1
Insurance policy start date	2010-08-01
Insurance policy end date	2011-07-31
Total amount of commissions paid to insurance broker	USD $5,530
Total amount of fees paid to insurance company	USD $1,150
Are there contracts with allocated funds for individual policies?	Yes
Are there contracts with allocated funds for group deferred annuity?	No
Are there contracts with allocated funds for types other than group deferred annuity or individual?	No
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Contracts With Unallocated Funds Deposit Administration	0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?	No
Are there contracts with unallocated funds for contracts of type guaranteed investment?	No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	No
Health Insurance Welfare Benefit	No
Dental Insurance Welfare Benefit	No
Vision Insurance Welfare Benefit	No
Life Insurance Welfare Benefit	Yes
Temporary Disability Insurance Welfare Benefit	No
Long Term Disability Insurance Welfare Benefit	No
Unemployment Insurance Welfare Benefit	No
Were dividends or retroactive rate refunds paid in cash?	No
Were dividends or retroactive rate refunds paid as a credit?	No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No

UNION CENTRAL LIFE INSURANCE CO. (National Association of Insurance Commissioners NAIC id number: 80837 )

Policy contract number

E35 4041

Policy instance

Insurance contract or identification number	E35 4041
Number of Individuals Covered	14
Insurance policy start date	2010-08-01
Insurance policy end date	2011-07-31
Total amount of commissions paid to insurance broker	USD $23,433
Total amount of fees paid to insurance company	USD $0
Are there contracts with allocated funds for individual policies?	No
Are there contracts with allocated funds for group deferred annuity?	No
Are there contracts with allocated funds for types other than group deferred annuity or individual?	No
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Contracts With Unallocated Funds Deposit Administration	0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?	No
Are there contracts with unallocated funds for contracts of type guaranteed investment?	Yes
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	No
Health Insurance Welfare Benefit	No
Dental Insurance Welfare Benefit	No
Vision Insurance Welfare Benefit	No
Life Insurance Welfare Benefit	No
Temporary Disability Insurance Welfare Benefit	No
Long Term Disability Insurance Welfare Benefit	No
Unemployment Insurance Welfare Benefit	No
Were dividends or retroactive rate refunds paid in cash?	No
Were dividends or retroactive rate refunds paid as a credit?	No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No

Potentially related plans

TITAN DRILLING SPECIALIST INC 401 K PROFIT SHARING PLAN TRUST [EIN = 454668327]

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Company Name:	TITAN DRILLING CORPORATION
Employer identification number (EIN):	160908676
NAIC Classification:	238900