ROTARY DRILLING TOOLS USA, LP has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan ROTARY DRILLING TOOLS USA 401K PLAN
Measure | Date | Value |
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2017 : ROTARY DRILLING TOOLS USA 401K PLAN 2017 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2017-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $0 |
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 | $145,673 |
Total loss/gain on sale of assets | 2017-12-31 | $0 |
Total of all expenses incurred | 2017-12-31 | $924,253 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2017-12-31 | $832,355 |
Expenses. Certain deemed distributions of participant loans | 2017-12-31 | $82,047 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2017-12-31 | $0 |
Value of total assets at end of year | 2017-12-31 | $445,838 |
Value of total assets at beginning of year | 2017-12-31 | $1,224,418 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2017-12-31 | $9,851 |
Total interest from all sources | 2017-12-31 | $2,154 |
Total dividends received (eg from common stock, registered investment company shares) | 2017-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2017-12-31 | Yes |
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan | 2017-12-31 | $0 |
Was this plan covered by a fidelity bond | 2017-12-31 | No |
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 |
Participant contributions at end of year | 2017-12-31 | $0 |
Participant contributions at beginning of year | 2017-12-31 | $106,837 |
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 | $-778,580 |
Value of net assets at end of year (total assets less liabilities) | 2017-12-31 | $445,838 |
Value of net assets at beginning of year (total assets less liabilities) | 2017-12-31 | $1,224,418 |
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 | $9,851 |
Value of interest in pooled separate accounts at end of year | 2017-12-31 | $439,354 |
Value of interest in pooled separate accounts at beginning of year | 2017-12-31 | $1,065,077 |
Interest on participant loans | 2017-12-31 | $2,045 |
Interest earned on other investments | 2017-12-31 | $109 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2017-12-31 | $6,484 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2017-12-31 | $52,504 |
Net investment gain/loss from pooled separate accounts | 2017-12-31 | $143,519 |
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 | No |
Has the plan failed to provide any benefit when due under the plan | 2017-12-31 | No |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2017-12-31 | $832,355 |
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 | No |
Opinion of an independent qualified public accountant for this plan | 2017-12-31 | Disclaimer |
Accountancy firm name | 2017-12-31 | LAW OFFICE OF MATTHEW J BORROR |
Accountancy firm EIN | 2017-12-31 | 272898041 |
2016 : ROTARY DRILLING TOOLS USA 401K PLAN 2016 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2016-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $0 |
Total liabilities at beginning 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 | $240,138 |
Total loss/gain on sale of assets | 2016-12-31 | $0 |
Total of all expenses incurred | 2016-12-31 | $2,768,594 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2016-12-31 | $2,682,339 |
Expenses. Certain deemed distributions of participant loans | 2016-12-31 | $5,448 |
Value of total corrective distributions | 2016-12-31 | $6,805 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2016-12-31 | $128,366 |
Value of total assets at end of year | 2016-12-31 | $1,224,418 |
Value of total assets at beginning of year | 2016-12-31 | $3,752,874 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2016-12-31 | $74,002 |
Total interest from all sources | 2016-12-31 | $6,444 |
Total dividends received (eg from common stock, registered investment company shares) | 2016-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2016-12-31 | No |
Was this plan covered by a fidelity bond | 2016-12-31 | No |
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 | $128,366 |
Participant contributions at end of year | 2016-12-31 | $106,837 |
Participant contributions at beginning of year | 2016-12-31 | $374,891 |
Other income not declared elsewhere | 2016-12-31 | $2,612 |
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 | $-2,528,456 |
Value of net assets at end of year (total assets less liabilities) | 2016-12-31 | $1,224,418 |
Value of net assets at beginning of year (total assets less liabilities) | 2016-12-31 | $3,752,874 |
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 |
Value of interest in pooled separate accounts at end of year | 2016-12-31 | $1,065,077 |
Value of interest in pooled separate accounts at beginning of year | 2016-12-31 | $3,021,027 |
Interest on participant loans | 2016-12-31 | $6,444 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2016-12-31 | $52,504 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2016-12-31 | $356,956 |
Net investment gain/loss from pooled separate accounts | 2016-12-31 | $102,716 |
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 | No |
Has the plan failed to provide any benefit when due under the plan | 2016-12-31 | No |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2016-12-31 | $2,682,339 |
Contract administrator fees | 2016-12-31 | $74,002 |
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 | No |
Opinion of an independent qualified public accountant for this plan | 2016-12-31 | Disclaimer |
Accountancy firm name | 2016-12-31 | LAW OFFICE OF MATTHEW J. BORROR |
Accountancy firm EIN | 2016-12-31 | 272898041 |
2015 : ROTARY DRILLING TOOLS USA 401K PLAN 2015 401k financial data |
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Total income from all sources (including contributions) | 2015-12-31 | $536,378 |
Total of all expenses incurred | 2015-12-31 | $1,966,974 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2015-12-31 | $1,906,683 |
Expenses. Certain deemed distributions of participant loans | 2015-12-31 | $41,995 |
Value of total corrective distributions | 2015-12-31 | $2,363 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2015-12-31 | $585,361 |
Value of total assets at end of year | 2015-12-31 | $3,752,874 |
Value of total assets at beginning of year | 2015-12-31 | $5,183,470 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2015-12-31 | $15,933 |
Total interest from all sources | 2015-12-31 | $18,425 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2015-12-31 | No |
Administrative expenses professional fees incurred | 2015-12-31 | $15,933 |
Was this plan covered by a fidelity bond | 2015-12-31 | Yes |
Value of fidelity bond cover | 2015-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2015-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2015-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2015-12-31 | No |
Contributions received from participants | 2015-12-31 | $483,175 |
Participant contributions at end of year | 2015-12-31 | $374,891 |
Participant contributions at beginning of year | 2015-12-31 | $428,636 |
Other income not declared elsewhere | 2015-12-31 | $2,085 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2015-12-31 | No |
Value of net income/loss | 2015-12-31 | $-1,430,596 |
Value of net assets at end of year (total assets less liabilities) | 2015-12-31 | $3,752,874 |
Value of net assets at beginning of year (total assets less liabilities) | 2015-12-31 | $5,183,470 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2015-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2015-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2015-12-31 | No |
Value of interest in pooled separate accounts at end of year | 2015-12-31 | $3,021,027 |
Value of interest in pooled separate accounts at beginning of year | 2015-12-31 | $4,754,355 |
Interest on participant loans | 2015-12-31 | $18,425 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2015-12-31 | $356,956 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2015-12-31 | $479 |
Net investment gain/loss from pooled separate accounts | 2015-12-31 | $-69,493 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2015-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2015-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2015-12-31 | No |
Contributions received in cash from employer | 2015-12-31 | $102,186 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2015-12-31 | $1,906,683 |
Did the plan have assets held for investment | 2015-12-31 | 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 | 2015-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2015-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2015-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2015-12-31 | Disclaimer |
Accountancy firm name | 2015-12-31 | MCDONALD AND SIMMONS, P.C. |
Accountancy firm EIN | 2015-12-31 | 752268179 |
2014 : ROTARY DRILLING TOOLS USA 401K PLAN 2014 401k financial data |
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Total income from all sources (including contributions) | 2014-12-31 | $1,573,597 |
Total of all expenses incurred | 2014-12-31 | $441,428 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2014-12-31 | $418,376 |
Value of total corrective distributions | 2014-12-31 | $9,590 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2014-12-31 | $1,307,569 |
Value of total assets at end of year | 2014-12-31 | $5,183,470 |
Value of total assets at beginning of year | 2014-12-31 | $4,051,301 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2014-12-31 | $13,462 |
Total interest from all sources | 2014-12-31 | $14,068 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2014-12-31 | No |
Administrative expenses professional fees incurred | 2014-12-31 | $13,462 |
Was this plan covered by a fidelity bond | 2014-12-31 | Yes |
Value of fidelity bond cover | 2014-12-31 | $300,000 |
If this is an individual account plan, was there a blackout period | 2014-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2014-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2014-12-31 | No |
Contributions received from participants | 2014-12-31 | $678,454 |
Participant contributions at end of year | 2014-12-31 | $428,636 |
Participant contributions at beginning of year | 2014-12-31 | $291,753 |
Income. Received or receivable in cash from other sources (including rollovers) | 2014-12-31 | $57,357 |
Other income not declared elsewhere | 2014-12-31 | $427 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2014-12-31 | No |
Value of net income/loss | 2014-12-31 | $1,132,169 |
Value of net assets at end of year (total assets less liabilities) | 2014-12-31 | $5,183,470 |
Value of net assets at beginning of year (total assets less liabilities) | 2014-12-31 | $4,051,301 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2014-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2014-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2014-12-31 | No |
Value of interest in pooled separate accounts at end of year | 2014-12-31 | $4,754,355 |
Value of interest in pooled separate accounts at beginning of year | 2014-12-31 | $3,730,270 |
Interest on participant loans | 2014-12-31 | $14,068 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2014-12-31 | $479 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2014-12-31 | $29,278 |
Net investment gain/loss from pooled separate accounts | 2014-12-31 | $251,533 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2014-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2014-12-31 | Yes |
Has the plan failed to provide any benefit when due under the plan | 2014-12-31 | No |
Contributions received in cash from employer | 2014-12-31 | $571,758 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2014-12-31 | $418,376 |
Did the plan have assets held for investment | 2014-12-31 | 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 | 2014-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2014-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2014-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2014-12-31 | Disclaimer |
Accountancy firm name | 2014-12-31 | MCDONALD & SIMMONS, PC |
Accountancy firm EIN | 2014-12-31 | 752268179 |
2013 : ROTARY DRILLING TOOLS USA 401K PLAN 2013 401k financial data |
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Total transfer of assets to this plan | 2013-12-31 | $2,440,902 |
Total income from all sources (including contributions) | 2013-12-31 | $1,678,801 |
Total of all expenses incurred | 2013-12-31 | $147,422 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2013-12-31 | $136,902 |
Value of total corrective distributions | 2013-12-31 | $280 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2013-12-31 | $1,263,107 |
Value of total assets at end of year | 2013-12-31 | $4,051,301 |
Value of total assets at beginning of year | 2013-12-31 | $79,020 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2013-12-31 | $10,240 |
Total interest from all sources | 2013-12-31 | $6,082 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2013-12-31 | No |
Administrative expenses professional fees incurred | 2013-12-31 | $10,240 |
Was this plan covered by a fidelity bond | 2013-12-31 | Yes |
Value of fidelity bond cover | 2013-12-31 | $300,000 |
If this is an individual account plan, was there a blackout period | 2013-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2013-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2013-12-31 | No |
Contributions received from participants | 2013-12-31 | $596,980 |
Participant contributions at end of year | 2013-12-31 | $291,753 |
Income. Received or receivable in cash from other sources (including rollovers) | 2013-12-31 | $132,907 |
Other income not declared elsewhere | 2013-12-31 | $79 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2013-12-31 | No |
Value of net income/loss | 2013-12-31 | $1,531,379 |
Value of net assets at end of year (total assets less liabilities) | 2013-12-31 | $4,051,301 |
Value of net assets at beginning of year (total assets less liabilities) | 2013-12-31 | $79,020 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2013-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2013-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2013-12-31 | No |
Value of interest in pooled separate accounts at end of year | 2013-12-31 | $3,730,270 |
Value of interest in pooled separate accounts at beginning of year | 2013-12-31 | $75,456 |
Interest on participant loans | 2013-12-31 | $6,082 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2013-12-31 | $3,564 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2013-12-31 | $3,564 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2013-12-31 | $29,278 |
Net investment gain/loss from pooled separate accounts | 2013-12-31 | $409,533 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2013-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2013-12-31 | Yes |
Has the plan failed to provide any benefit when due under the plan | 2013-12-31 | No |
Contributions received in cash from employer | 2013-12-31 | $533,220 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2013-12-31 | $136,902 |
Did the plan have assets held for investment | 2013-12-31 | 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 | 2013-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2013-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2013-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2013-12-31 | Disclaimer |
Accountancy firm name | 2013-12-31 | MCDONALD AND SIMMONS, PC |
Accountancy firm EIN | 2013-12-31 | 752268179 |
2012 : ROTARY DRILLING TOOLS USA 401K PLAN 2012 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2012-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $0 |
Total income from all sources (including contributions) | 2012-12-31 | $79,020 |
Total loss/gain on sale of assets | 2012-12-31 | $0 |
Total of all expenses incurred | 2012-12-31 | $0 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2012-12-31 | $0 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2012-12-31 | $78,850 |
Value of total assets at end of year | 2012-12-31 | $79,020 |
Value of total assets at beginning of year | 2012-12-31 | $0 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2012-12-31 | $0 |
Total interest from all sources | 2012-12-31 | $0 |
Total dividends received (eg from common stock, registered investment company shares) | 2012-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2012-12-31 | No |
Was this plan covered by a fidelity bond | 2012-12-31 | No |
If this is an individual account plan, was there a blackout period | 2012-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2012-12-31 | No |
Contributions received from participants | 2012-12-31 | $40,279 |
Income. Received or receivable in cash from other sources (including rollovers) | 2012-12-31 | $3,564 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2012-12-31 | No |
Value of net income/loss | 2012-12-31 | $79,020 |
Value of net assets at end of year (total assets less liabilities) | 2012-12-31 | $79,020 |
Value of net assets at beginning of year (total assets less liabilities) | 2012-12-31 | $0 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2012-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2012-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2012-12-31 | No |
Value of interest in pooled separate accounts at end of year | 2012-12-31 | $75,456 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2012-12-31 | $3,564 |
Net investment gain/loss from pooled separate accounts | 2012-12-31 | $170 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2012-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2012-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2012-12-31 | No |
Contributions received in cash from employer | 2012-12-31 | $35,007 |
Did the plan have assets held for investment | 2012-12-31 | 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 | 2012-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2012-12-31 | No |
Total transfer of assets from this plan | 2012-07-31 | $1,440,036 |
Total income from all sources (including contributions) | 2012-07-31 | $11,393 |
Total of all expenses incurred | 2012-07-31 | $35 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2012-07-31 | $0 |
Value of total assets at end of year | 2012-07-31 | $0 |
Value of total assets at beginning of year | 2012-07-31 | $1,428,678 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2012-07-31 | $35 |
Total interest from all sources | 2012-07-31 | $-3 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2012-07-31 | No |
Was this plan covered by a fidelity bond | 2012-07-31 | Yes |
Value of fidelity bond cover | 2012-07-31 | $125,000 |
If this is an individual account plan, was there a blackout period | 2012-07-31 | Yes |
Were there any nonexempt tranactions with any party-in-interest | 2012-07-31 | No |
Contributions received from participants | 2012-07-31 | $0 |
Participant contributions at beginning of year | 2012-07-31 | $9,763 |
Income. Received or receivable in cash from other sources (including rollovers) | 2012-07-31 | $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 | 2012-07-31 | No |
Value of net income/loss | 2012-07-31 | $11,358 |
Value of net assets at end of year (total assets less liabilities) | 2012-07-31 | $0 |
Value of net assets at beginning of year (total assets less liabilities) | 2012-07-31 | $1,428,678 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2012-07-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2012-07-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2012-07-31 | No |
Investment advisory and management fees | 2012-07-31 | $35 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2012-07-31 | $1,150,868 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2012-07-31 | $11,680 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2012-07-31 | $11,680 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2012-07-31 | $-3 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2012-07-31 | $11,396 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2012-07-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2012-07-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2012-07-31 | No |
Contributions received in cash from employer | 2012-07-31 | $0 |
Employer contributions (assets) at beginning of year | 2012-07-31 | $256,367 |
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2012-07-31 | Yes |
Did the plan have assets held for investment | 2012-07-31 | No |
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 | 2012-07-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2012-07-31 | Yes |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2012-07-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2012-07-31 | Disclaimer |
Accountancy firm name | 2012-07-31 | MCDONALD AND SIMMONS, P.C. |
Accountancy firm EIN | 2012-07-31 | 752268179 |
2011 : ROTARY DRILLING TOOLS USA 401K PLAN 2011 401k financial data |
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Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $0 |
Total income from all sources (including contributions) | 2011-12-31 | $430,167 |
Total of all expenses incurred | 2011-12-31 | $127,060 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2011-12-31 | $121,625 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2011-12-31 | $501,284 |
Value of total assets at end of year | 2011-12-31 | $1,428,678 |
Value of total assets at beginning of year | 2011-12-31 | $1,125,571 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2011-12-31 | $5,435 |
Total interest from all sources | 2011-12-31 | $-197 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2011-12-31 | No |
Administrative expenses professional fees incurred | 2011-12-31 | $4,435 |
Was this plan covered by a fidelity bond | 2011-12-31 | Yes |
Value of fidelity bond cover | 2011-12-31 | $75,000 |
If this is an individual account plan, was there a blackout period | 2011-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2011-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2011-12-31 | No |
Contributions received from participants | 2011-12-31 | $241,077 |
Participant contributions at end of year | 2011-12-31 | $9,763 |
Participant contributions at beginning of year | 2011-12-31 | $7,261 |
Income. Received or receivable in cash from other sources (including rollovers) | 2011-12-31 | $3,971 |
Other income not declared elsewhere | 2011-12-31 | $531 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2011-12-31 | No |
Value of net income/loss | 2011-12-31 | $303,107 |
Value of net assets at end of year (total assets less liabilities) | 2011-12-31 | $1,428,678 |
Value of net assets at beginning of year (total assets less liabilities) | 2011-12-31 | $1,125,571 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2011-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2011-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2011-12-31 | No |
Investment advisory and management fees | 2011-12-31 | $1,000 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2011-12-31 | $1,150,868 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2011-12-31 | $882,643 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2011-12-31 | $11,680 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2011-12-31 | $9,164 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2011-12-31 | $9,164 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2011-12-31 | $-197 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2011-12-31 | $-71,451 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2011-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2011-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2011-12-31 | No |
Contributions received in cash from employer | 2011-12-31 | $256,236 |
Employer contributions (assets) at end of year | 2011-12-31 | $256,367 |
Employer contributions (assets) at beginning of year | 2011-12-31 | $226,503 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2011-12-31 | $121,625 |
Did the plan have assets held for investment | 2011-12-31 | 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 | 2011-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2011-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2011-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2011-12-31 | Disclaimer |
Accountancy firm name | 2011-12-31 | MCDONALD AND SIMMONS, P.C. |
Accountancy firm EIN | 2011-12-31 | 752268179 |
2010 : ROTARY DRILLING TOOLS USA 401K PLAN 2010 401k financial data |
---|
Total unrealized appreciation/depreciation of assets | 2010-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $0 |
Total income from all sources (including contributions) | 2010-12-31 | $503,948 |
Total loss/gain on sale of assets | 2010-12-31 | $0 |
Total of all expenses incurred | 2010-12-31 | $47,952 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2010-12-31 | $35,117 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2010-12-31 | $429,233 |
Value of total assets at end of year | 2010-12-31 | $1,125,571 |
Value of total assets at beginning of year | 2010-12-31 | $669,575 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2010-12-31 | $12,835 |
Total interest from all sources | 2010-12-31 | $-114 |
Total dividends received (eg from common stock, registered investment company shares) | 2010-12-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2010-12-31 | No |
Administrative expenses professional fees incurred | 2010-12-31 | $2,697 |
Was this plan covered by a fidelity bond | 2010-12-31 | Yes |
Value of fidelity bond cover | 2010-12-31 | $75,000 |
If this is an individual account plan, was there a blackout period | 2010-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2010-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2010-12-31 | No |
Contributions received from participants | 2010-12-31 | $167,791 |
Participant contributions at end of year | 2010-12-31 | $7,261 |
Participant contributions at beginning of year | 2010-12-31 | $5,861 |
Income. Received or receivable in cash from other sources (including rollovers) | 2010-12-31 | $34,939 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2010-12-31 | $0 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2010-12-31 | $2,659 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2010-12-31 | No |
Income. Non cash contributions | 2010-12-31 | $0 |
Value of net income/loss | 2010-12-31 | $455,996 |
Value of net assets at end of year (total assets less liabilities) | 2010-12-31 | $1,125,571 |
Value of net assets at beginning of year (total assets less liabilities) | 2010-12-31 | $669,575 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2010-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2010-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2010-12-31 | No |
Investment advisory and management fees | 2010-12-31 | $10,138 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2010-12-31 | $882,643 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2010-12-31 | $442,648 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2010-12-31 | $9,164 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2010-12-31 | $4,616 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2010-12-31 | $4,616 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2010-12-31 | $-114 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2010-12-31 | $74,829 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2010-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2010-12-31 | Yes |
Has the plan failed to provide any benefit when due under the plan | 2010-12-31 | No |
Contributions received in cash from employer | 2010-12-31 | $226,503 |
Employer contributions (assets) at end of year | 2010-12-31 | $226,503 |
Employer contributions (assets) at beginning of year | 2010-12-31 | $213,791 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2010-12-31 | $35,117 |
Did the plan have assets held for investment | 2010-12-31 | 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 | 2010-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2010-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2010-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2010-12-31 | Disclaimer |
Accountancy firm name | 2010-12-31 | MCDONALD AND SIMMONS, P.C. |
Accountancy firm EIN | 2010-12-31 | 752268179 |
2009 : ROTARY DRILLING TOOLS USA 401K PLAN 2009 401k financial data |
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Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2009-12-31 | $0 |