401k Plan data: WW DRILLING, LLC 401(K) PLAN plan

WW DRILLING, LLC 401(K) PLAN 401k Plan overview

Plan Name	WW DRILLING, LLC 401(K) PLAN
Plan identification number	001

WW DRILLING, LLC 401(K) PLAN Benefits

401k Plan Type

Defined 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

WW DRILLING, LLC has sponsored the creation of one or more 401k plans.

Company Name: WW DRILLING, LLC

Employer identification number (EIN): 202479536

NAIC Classification: 211110
NAIC Description: Oil and Gas Extraction, Oil

Additional information about WW DRILLING, LLC

Jurisdiction of Incorporation: Texas Secretary of State

Incorporation Date: 2016-02-08

Company Identification Number: 0802387130

Legal Registered Office Address: 1999 BRYAN ST STE 900

DALLAS
United States of America (USA)
75201

More information about WW DRILLING, LLC

Form 5500 Filing Information

Submission information for form 5500 for 401k plan WW DRILLING, LLC 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2017-01-01
001 2016-01-01
001 2015-01-01
001 2014-01-01
001 2013-01-01
001 2012-01-01 PAT CLARK 2013-07-23
001 2011-01-01 PAT CLARK 2012-06-22

Plan Statistics for WW DRILLING, LLC 401(K) PLAN

401k plan membership statisitcs for WW DRILLING, LLC 401(K) PLAN

Measure Date Value
2017: WW DRILLING, LLC 401(K) PLAN 2017 401k membership
Total participants, beginning-of-year 2017-01-01 123
Total number of active participants reported on line 7a of the Form 5500 2017-01-01 76
Number of retired or separated participants receiving benefits 2017-01-01 0
Number of other retired or separated participants entitled to future benefits 2017-01-01 24
Total of all active and inactive participants 2017-01-01 100
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2017-01-01 0
Total participants 2017-01-01 100
Number of participants with account balances 2017-01-01 80
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2017-01-01 8
2016: WW DRILLING, LLC 401(K) PLAN 2016 401k membership
Total participants, beginning-of-year 2016-01-01 145
Total number of active participants reported on line 7a of the Form 5500 2016-01-01 65
Number of retired or separated participants receiving benefits 2016-01-01 0
Number of other retired or separated participants entitled to future benefits 2016-01-01 35
Total of all active and inactive participants 2016-01-01 100
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2016-01-01 0
Total participants 2016-01-01 100
Number of participants with account balances 2016-01-01 78
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2016-01-01 29

Measure	Date	Value
2017: WW DRILLING, LLC 401(K) PLAN 2017 401k membership
Total participants, beginning-of-year	2017-01-01	123
Total number of active participants reported on line 7a of the Form 5500	2017-01-01	76
Number of retired or separated participants receiving benefits	2017-01-01	0
Number of other retired or separated participants entitled to future benefits	2017-01-01	24
Total of all active and inactive participants	2017-01-01	100
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2017-01-01	0
Total participants	2017-01-01	100
Number of participants with account balances	2017-01-01	80
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2017-01-01	8
2016: WW DRILLING, LLC 401(K) PLAN 2016 401k membership
Total participants, beginning-of-year	2016-01-01	145
Total number of active participants reported on line 7a of the Form 5500	2016-01-01	65
Number of retired or separated participants receiving benefits	2016-01-01	0
Number of other retired or separated participants entitled to future benefits	2016-01-01	35
Total of all active and inactive participants	2016-01-01	100
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2016-01-01	0
Total participants	2016-01-01	100
Number of participants with account balances	2016-01-01	78
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2016-01-01	29

Financial Data on WW DRILLING, LLC 401(K) PLAN

Measure	Date	Value
2017 : WW DRILLING, LLC 401(K) PLAN 2017 401k financial data
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2017-12-31	$0
Total income from all sources (including contributions)	2017-12-31	$344,231
Total of all expenses incurred	2017-12-31	$274,296
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2017-12-31	$261,933
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2017-12-31	$177,006
Value of total assets at end of year	2017-12-31	$1,227,266
Value of total assets at beginning of year	2017-12-31	$1,157,331
Total of administrative expenses incurred including professional, contract, advisory and management fees	2017-12-31	$12,363
Total interest from all sources	2017-12-31	$190
Total dividends received (eg from common stock, registered investment company shares)	2017-12-31	$20,383
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2017-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2017-12-31	$20,383
Was this plan covered by a fidelity bond	2017-12-31	Yes
Value of fidelity bond cover	2017-12-31	$123,000
If this is an individual account plan, was there a blackout period	2017-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2017-12-31	No
Contributions received from participants	2017-12-31	$140,746
Participant contributions at end of year	2017-12-31	$973
Participant contributions at beginning of year	2017-12-31	$5,252
Income. Received or receivable in cash from other sources (including rollovers)	2017-12-31	$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2017-12-31	$4
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2017-12-31	$0
Total non interest bearing cash at beginning of year	2017-12-31	$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2017-12-31	No
Value of net income/loss	2017-12-31	$69,935
Value of net assets at end of year (total assets less liabilities)	2017-12-31	$1,227,266
Value of net assets at beginning of year (total assets less liabilities)	2017-12-31	$1,157,331
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2017-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2017-12-31	No
Were any leases to which the plan was party in default or uncollectible	2017-12-31	No
Investment advisory and management fees	2017-12-31	$6,773
Value of interest in registered invesment companies (eg mutual funds) at end of year	2017-12-31	$1,205,975
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2017-12-31	$1,132,585
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2017-12-31	$190
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2017-12-31	$20,318
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2017-12-31	$16,647
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2017-12-31	$146,652
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2017-12-31	No
Was there a failure to transmit to the plan any participant contributions	2017-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2017-12-31	No
Contributions received in cash from employer	2017-12-31	$36,260
Employer contributions (assets) at end of year	2017-12-31	$0
Employer contributions (assets) at beginning of year	2017-12-31	$2,843
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2017-12-31	$261,933
Contract administrator fees	2017-12-31	$5,590
Did the plan have assets held for investment	2017-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2017-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2017-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2017-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2017-12-31	Disclaimer
Accountancy firm name	2017-12-31	BKD, LLP
Accountancy firm EIN	2017-12-31	440160260
2016 : WW DRILLING, LLC 401(K) PLAN 2016 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2016-12-31	$0
Total income from all sources (including contributions)	2016-12-31	$252,734
Total of all expenses incurred	2016-12-31	$459,362
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2016-12-31	$443,250
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2016-12-31	$167,758
Value of total assets at end of year	2016-12-31	$1,157,331
Value of total assets at beginning of year	2016-12-31	$1,363,959
Total of administrative expenses incurred including professional, contract, advisory and management fees	2016-12-31	$16,112
Total interest from all sources	2016-12-31	$101
Total dividends received (eg from common stock, registered investment company shares)	2016-12-31	$47,438
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2016-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2016-12-31	$47,438
Was this plan covered by a fidelity bond	2016-12-31	Yes
Value of fidelity bond cover	2016-12-31	$116,000
If this is an individual account plan, was there a blackout period	2016-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2016-12-31	No
Contributions received from participants	2016-12-31	$115,994
Participant contributions at end of year	2016-12-31	$5,252
Income. Received or receivable in cash from other sources (including rollovers)	2016-12-31	$4
Value of other receiveables (less allowance for doubtful accounts) at end of year	2016-12-31	$4
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2016-12-31	$0
Total non interest bearing cash at end of year	2016-12-31	$0
Total non interest bearing cash at beginning of year	2016-12-31	$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2016-12-31	No
Value of net income/loss	2016-12-31	$-206,628
Value of net assets at end of year (total assets less liabilities)	2016-12-31	$1,157,331
Value of net assets at beginning of year (total assets less liabilities)	2016-12-31	$1,363,959
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2016-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2016-12-31	No
Were any leases to which the plan was party in default or uncollectible	2016-12-31	No
Investment advisory and management fees	2016-12-31	$10,379
Value of interest in registered invesment companies (eg mutual funds) at end of year	2016-12-31	$1,132,585
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2016-12-31	$1,293,391
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2016-12-31	$101
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2016-12-31	$16,647
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2016-12-31	$70,568
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2016-12-31	$37,437
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2016-12-31	No
Was there a failure to transmit to the plan any participant contributions	2016-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2016-12-31	No
Contributions received in cash from employer	2016-12-31	$51,760
Employer contributions (assets) at end of year	2016-12-31	$2,843
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2016-12-31	$443,250
Contract administrator fees	2016-12-31	$5,733
Did the plan have assets held for investment	2016-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2016-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2016-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2016-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2016-12-31	Disclaimer
Accountancy firm name	2016-12-31	BKD, LLP
Accountancy firm EIN	2016-12-31	440160260

Form 5500 Responses for WW DRILLING, LLC 401(K) PLAN

2017: WW DRILLING, LLC 401(K) PLAN 2017 form 5500 responses
2017-01-01	Type of plan entity	Single employer plan
2017-01-01	Submission has been amended	No
2017-01-01	This submission is the final filing	No
2017-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2017-01-01	Plan is a collectively bargained plan	No
2017-01-01	Plan funding arrangement – Insurance	Yes
2017-01-01	Plan funding arrangement – Trust	Yes
2017-01-01	Plan benefit arrangement - Trust	Yes
2016: WW DRILLING, LLC 401(K) PLAN 2016 form 5500 responses
2016-01-01	Type of plan entity	Single employer plan
2016-01-01	Submission has been amended	No
2016-01-01	This submission is the final filing	No
2016-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2016-01-01	Plan is a collectively bargained plan	No
2016-01-01	Plan funding arrangement – Insurance	Yes
2016-01-01	Plan funding arrangement – Trust	Yes
2016-01-01	Plan benefit arrangement - Trust	Yes

Insurance Providers Used on plan

NATIONWIDE LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 66869 )

Policy contract number

GAP-B2-DK3B

Policy instance

Insurance contract or identification number	GAP-B2-DK3B
Number of Individuals Covered	0
Insurance policy start date	2017-01-01
Insurance policy end date	2017-12-31
Total amount of commissions paid to insurance broker	USD $73
Total amount of fees paid to insurance company	USD $0
Are there contracts with unallocated funds for contracts of type guaranteed investment?	Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Commission paid to Insurance Broker	USD $73
Insurance broker organization code?	3
Insurance broker name	PACKERLAND BROKERAGE SERVICES

NATIONWIDE LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 66869 )

Policy contract number

GAP-B2-KJ1Y

Policy instance

Insurance contract or identification number	GAP-B2-KJ1Y
Number of Individuals Covered	2
Insurance policy start date	2017-01-01
Insurance policy end date	2017-12-31
Total amount of commissions paid to insurance broker	USD $19
Are there contracts with unallocated funds for contracts of type guaranteed investment?	Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Commission paid to Insurance Broker	USD $19
Insurance broker organization code?	3
Insurance broker name	PACKERLAND BROKERAGE SERVICE

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Company Name:	WW DRILLING, LLC
Employer identification number (EIN):	202479536
NAIC Classification:	211110
NAIC Description:	Oil and Gas Extraction, Oil

Jurisdiction of Incorporation:	Texas Secretary of State
Incorporation Date:	2016-02-08
Company Identification Number:	0802387130
Legal Registered Office Address:	1999 BRYAN ST STE 900 DALLAS United States of America (USA) 75201

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
001	2017-01-01
001	2016-01-01
001	2015-01-01
001	2014-01-01
001	2013-01-01
001	2012-01-01	PAT CLARK	2013-07-23
001	2011-01-01	PAT CLARK	2012-06-22