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OLSEN OILFIELD SPECIALTY, INC. 401(K) PLAN 401k Plan overview

Plan NameOLSEN OILFIELD SPECIALTY, INC. 401(K) PLAN
Plan identification number 001

OLSEN OILFIELD SPECIALTY, INC. 401(K) PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • 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

OLSEN OILFIELD SPECIALTY, INC. has sponsored the creation of one or more 401k plans.

Company Name:OLSEN OILFIELD SPECIALTY, INC.
Employer identification number (EIN):205914264
NAIC Classification:423990
NAIC Description:Other Miscellaneous Durable Goods Merchant Wholesalers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan OLSEN OILFIELD SPECIALTY, INC. 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01LYNN A. OLSEN2023-10-16 LYNN A. OLSEN2023-10-16
0012021-01-01LYNN A. OLSEN2022-10-13 LYNN A. OLSEN2022-10-13
0012020-01-01LYNN A. OLSEN2021-10-12 LYNN A. OLSEN2021-10-12
0012019-01-01LYNN A. OLSEN2020-10-13 LYNN A. OLSEN2020-10-13
0012018-01-01LYNN A. OLSEN2019-10-15 LYNN A. OLSEN2019-10-15
0012017-01-01
0012016-01-01
0012015-01-01
0012014-01-01
0012013-01-01
0012012-01-01RENEE OLSEN RENEE OLSEN2013-06-24
0012011-01-01RENEE OLSEN RENEE OLSEN2012-03-30
0012009-01-01LYNN OLSEN LYNN OLSEN2010-08-04

Plan Statistics for OLSEN OILFIELD SPECIALTY, INC. 401(K) PLAN

401k plan membership statisitcs for OLSEN OILFIELD SPECIALTY, INC. 401(K) PLAN

Measure Date Value
2022: OLSEN OILFIELD SPECIALTY, INC. 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-014
Total number of active participants reported on line 7a of the Form 55002022-01-014
Number of retired or separated participants receiving benefits2022-01-010
Number of other retired or separated participants entitled to future benefits2022-01-010
Total of all active and inactive participants2022-01-014
Total participants2022-01-014
Number of participants with account balances2022-01-014
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-010
2021: OLSEN OILFIELD SPECIALTY, INC. 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-014
Total number of active participants reported on line 7a of the Form 55002021-01-010
Number of other retired or separated participants entitled to future benefits2021-01-014
Total of all active and inactive participants2021-01-014
Total participants2021-01-014
Number of participants with account balances2021-01-014
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-010
2020: OLSEN OILFIELD SPECIALTY, INC. 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-014
Total number of active participants reported on line 7a of the Form 55002020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-014
Total of all active and inactive participants2020-01-014
Total participants2020-01-014
Number of participants with account balances2020-01-014
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-010
2019: OLSEN OILFIELD SPECIALTY, INC. 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-014
Total number of active participants reported on line 7a of the Form 55002019-01-012
Number of other retired or separated participants entitled to future benefits2019-01-012
Total of all active and inactive participants2019-01-014
Total participants2019-01-014
Number of participants with account balances2019-01-014
2018: OLSEN OILFIELD SPECIALTY, INC. 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-012
Total number of active participants reported on line 7a of the Form 55002018-01-012
Number of other retired or separated participants entitled to future benefits2018-01-012
Total of all active and inactive participants2018-01-014
Total participants2018-01-014
Number of participants with account balances2018-01-014
2017: OLSEN OILFIELD SPECIALTY, INC. 401(K) PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-012
Total number of active participants reported on line 7a of the Form 55002017-01-012
Number of other retired or separated participants entitled to future benefits2017-01-012
Total of all active and inactive participants2017-01-014
Total participants2017-01-014
Number of participants with account balances2017-01-014
2016: OLSEN OILFIELD SPECIALTY, INC. 401(K) PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-014
Total number of active participants reported on line 7a of the Form 55002016-01-012
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-012
Total of all active and inactive participants2016-01-014
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-014
Number of participants with account balances2016-01-014
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-010
2015: OLSEN OILFIELD SPECIALTY, INC. 401(K) PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-014
Total number of active participants reported on line 7a of the Form 55002015-01-012
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-012
Total of all active and inactive participants2015-01-014
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-014
Number of participants with account balances2015-01-014
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-011
2014: OLSEN OILFIELD SPECIALTY, INC. 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-014
Total number of active participants reported on line 7a of the Form 55002014-01-014
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-010
Total of all active and inactive participants2014-01-014
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-014
Number of participants with account balances2014-01-014
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-010
2013: OLSEN OILFIELD SPECIALTY, INC. 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-014
Total number of active participants reported on line 7a of the Form 55002013-01-014
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-010
Total of all active and inactive participants2013-01-014
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-014
Number of participants with account balances2013-01-014
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-010
2012: OLSEN OILFIELD SPECIALTY, INC. 401(K) PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-013
Total number of active participants reported on line 7a of the Form 55002012-01-013
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-010
Total of all active and inactive participants2012-01-013
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-013
Number of participants with account balances2012-01-013
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010
2011: OLSEN OILFIELD SPECIALTY, INC. 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-013
Total number of active participants reported on line 7a of the Form 55002011-01-013
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-010
Total of all active and inactive participants2011-01-013
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-013
Number of participants with account balances2011-01-013
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010
2009: OLSEN OILFIELD SPECIALTY, INC. 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-013
Total number of active participants reported on line 7a of the Form 55002009-01-013
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-010
Total of all active and inactive participants2009-01-013
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-013
Number of participants with account balances2009-01-013
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on OLSEN OILFIELD SPECIALTY, INC. 401(K) PLAN

Measure Date Value
2022 : OLSEN OILFIELD SPECIALTY, INC. 401(K) PLAN 2022 401k financial data
Total income from all sources2022-12-31$4,499
Total plan assets at end of year2022-12-31$1,228,685
Total plan assets at beginning of year2022-12-31$1,224,186
Value of fidelity bond covering the plan2022-12-31$90,000
Other income received2022-12-31$4,499
Net income (gross income less expenses)2022-12-31$4,499
Net plan assets at end of year (total assets less liabilities)2022-12-31$1,228,685
Net plan assets at beginning of year (total assets less liabilities)2022-12-31$1,224,186
2021 : OLSEN OILFIELD SPECIALTY, INC. 401(K) PLAN 2021 401k financial data
Total income from all sources2021-12-31$53,198
Total plan assets at end of year2021-12-31$1,224,186
Total plan assets at beginning of year2021-12-31$1,170,988
Value of fidelity bond covering the plan2021-12-31$90,000
Other income received2021-12-31$53,198
Net income (gross income less expenses)2021-12-31$53,198
Net plan assets at end of year (total assets less liabilities)2021-12-31$1,224,186
Net plan assets at beginning of year (total assets less liabilities)2021-12-31$1,170,988
2020 : OLSEN OILFIELD SPECIALTY, INC. 401(K) PLAN 2020 401k financial data
Total income from all sources2020-12-31$2,795
Total plan assets at end of year2020-12-31$1,170,988
Total plan assets at beginning of year2020-12-31$1,168,193
Value of fidelity bond covering the plan2020-12-31$90,000
Other income received2020-12-31$2,795
Net income (gross income less expenses)2020-12-31$2,795
Net plan assets at end of year (total assets less liabilities)2020-12-31$1,170,988
Net plan assets at beginning of year (total assets less liabilities)2020-12-31$1,168,193
2019 : OLSEN OILFIELD SPECIALTY, INC. 401(K) PLAN 2019 401k financial data
Total income from all sources2019-12-31$121,624
Total plan assets at end of year2019-12-31$1,168,193
Total plan assets at beginning of year2019-12-31$1,046,569
Value of fidelity bond covering the plan2019-12-31$90,000
Other income received2019-12-31$25,272
Net income (gross income less expenses)2019-12-31$121,624
Net plan assets at end of year (total assets less liabilities)2019-12-31$1,168,193
Net plan assets at beginning of year (total assets less liabilities)2019-12-31$1,046,569
Total contributions received or receivable from employer(s)2019-12-31$96,352
2018 : OLSEN OILFIELD SPECIALTY, INC. 401(K) PLAN 2018 401k financial data
Total income from all sources2018-12-31$25,023
Total plan assets at end of year2018-12-31$1,046,569
Total plan assets at beginning of year2018-12-31$1,021,546
Value of fidelity bond covering the plan2018-12-31$90,000
Other income received2018-12-31$9,385
Net income (gross income less expenses)2018-12-31$25,023
Net plan assets at end of year (total assets less liabilities)2018-12-31$1,046,569
Net plan assets at beginning of year (total assets less liabilities)2018-12-31$1,021,546
Total contributions received or receivable from employer(s)2018-12-31$15,638
2017 : OLSEN OILFIELD SPECIALTY, INC. 401(K) PLAN 2017 401k financial data
Total income from all sources2017-12-31$53,174
Total plan assets at end of year2017-12-31$1,021,546
Total plan assets at beginning of year2017-12-31$968,372
Value of fidelity bond covering the plan2017-12-31$90,000
Other income received2017-12-31$36,670
Net income (gross income less expenses)2017-12-31$53,174
Net plan assets at end of year (total assets less liabilities)2017-12-31$1,021,546
Net plan assets at beginning of year (total assets less liabilities)2017-12-31$968,372
Total contributions received or receivable from employer(s)2017-12-31$16,504
2016 : OLSEN OILFIELD SPECIALTY, INC. 401(K) PLAN 2016 401k financial data
Total income from all sources2016-12-31$68,866
Total plan assets at end of year2016-12-31$968,372
Total plan assets at beginning of year2016-12-31$899,506
Value of fidelity bond covering the plan2016-12-31$90,000
Other income received2016-12-31$51,620
Net income (gross income less expenses)2016-12-31$68,866
Net plan assets at end of year (total assets less liabilities)2016-12-31$968,372
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$899,506
Total contributions received or receivable from employer(s)2016-12-31$17,246
2015 : OLSEN OILFIELD SPECIALTY, INC. 401(K) 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$85,237
Expenses. Total of all expenses incurred2015-12-31$0
Benefits paid (including direct rollovers)2015-12-31$0
Total plan assets at end of year2015-12-31$899,506
Total plan assets at beginning of year2015-12-31$814,269
Value of fidelity bond covering the plan2015-12-31$90,000
Total contributions received or receivable from participants2015-12-31$48,000
Expenses. Other expenses not covered elsewhere2015-12-31$0
Contributions received from other sources (not participants or employers)2015-12-31$0
Other income received2015-12-31$-31,313
Noncash contributions received2015-12-31$0
Net income (gross income less expenses)2015-12-31$85,237
Net plan assets at end of year (total assets less liabilities)2015-12-31$899,506
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$814,269
Total contributions received or receivable from employer(s)2015-12-31$68,550
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$0
2014 : OLSEN OILFIELD SPECIALTY, INC. 401(K) 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$194,330
Expenses. Total of all expenses incurred2014-12-31$0
Benefits paid (including direct rollovers)2014-12-31$0
Total plan assets at end of year2014-12-31$814,269
Total plan assets at beginning of year2014-12-31$619,939
Value of fidelity bond covering the plan2014-12-31$90,000
Total contributions received or receivable from participants2014-12-31$81,000
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$32,468
Noncash contributions received2014-12-31$0
Net income (gross income less expenses)2014-12-31$194,330
Net plan assets at end of year (total assets less liabilities)2014-12-31$814,269
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$619,939
Total contributions received or receivable from employer(s)2014-12-31$80,862
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$0
2013 : OLSEN OILFIELD SPECIALTY, INC. 401(K) 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$198,334
Expenses. Total of all expenses incurred2013-12-31$0
Benefits paid (including direct rollovers)2013-12-31$0
Total plan assets at end of year2013-12-31$619,939
Total plan assets at beginning of year2013-12-31$421,605
Value of fidelity bond covering the plan2013-12-31$50,000
Total contributions received or receivable from participants2013-12-31$81,000
Expenses. Other expenses not covered elsewhere2013-12-31$0
Other income received2013-12-31$35,604
Net income (gross income less expenses)2013-12-31$198,334
Net plan assets at end of year (total assets less liabilities)2013-12-31$619,939
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$421,605
Total contributions received or receivable from employer(s)2013-12-31$81,730
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
2012 : OLSEN OILFIELD SPECIALTY, INC. 401(K) 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$128,685
Expenses. Total of all expenses incurred2012-12-31$0
Benefits paid (including direct rollovers)2012-12-31$0
Total plan assets at end of year2012-12-31$421,605
Total plan assets at beginning of year2012-12-31$292,920
Value of fidelity bond covering the plan2012-12-31$50,000
Total contributions received or receivable from participants2012-12-31$62,000
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$11,938
Noncash contributions received2012-12-31$0
Net income (gross income less expenses)2012-12-31$128,685
Net plan assets at end of year (total assets less liabilities)2012-12-31$421,605
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$292,920
Total contributions received or receivable from employer(s)2012-12-31$54,747
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
2011 : OLSEN OILFIELD SPECIALTY, INC. 401(K) 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$112,842
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$292,920
Total plan assets at beginning of year2011-12-31$180,078
Value of fidelity bond covering the plan2011-12-31$20,000
Total contributions received or receivable from participants2011-12-31$60,500
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$10,242
Noncash contributions received2011-12-31$0
Net income (gross income less expenses)2011-12-31$112,842
Net plan assets at end of year (total assets less liabilities)2011-12-31$292,920
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$180,078
Total contributions received or receivable from employer(s)2011-12-31$42,100
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 : OLSEN OILFIELD SPECIALTY, INC. 401(K) PLAN 2010 401k financial data
Transfers to/from the plan2010-12-31$0
Total plan liabilities at beginning of year2010-12-31$0
Total income from all sources2010-12-31$100,678
Expenses. Total of all expenses incurred2010-12-31$0
Benefits paid (including direct rollovers)2010-12-31$0
Total plan assets at end of year2010-12-31$180,078
Total plan assets at beginning of year2010-12-31$79,400
Value of fidelity bond covering the plan2010-12-31$1,800
Total contributions received or receivable from participants2010-12-31$55,000
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$14,678
Noncash contributions received2010-12-31$0
Net income (gross income less expenses)2010-12-31$100,678
Net plan assets at end of year (total assets less liabilities)2010-12-31$180,078
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$79,400
Total contributions received or receivable from employer(s)2010-12-31$31,000
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

Form 5500 Responses for OLSEN OILFIELD SPECIALTY, INC. 401(K) PLAN

2022: OLSEN OILFIELD SPECIALTY, INC. 401(K) PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Plan funding arrangement – InsuranceYes
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement – InsuranceYes
2022-01-01Plan benefit arrangement - TrustYes
2021: OLSEN OILFIELD SPECIALTY, INC. 401(K) PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Plan funding arrangement – InsuranceYes
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement – InsuranceYes
2021-01-01Plan benefit arrangement - TrustYes
2020: OLSEN OILFIELD SPECIALTY, INC. 401(K) PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Plan funding arrangement – InsuranceYes
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement – InsuranceYes
2020-01-01Plan benefit arrangement - TrustYes
2019: OLSEN OILFIELD SPECIALTY, INC. 401(K) PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
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: OLSEN OILFIELD SPECIALTY, INC. 401(K) PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
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: OLSEN OILFIELD SPECIALTY, INC. 401(K) PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
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: OLSEN OILFIELD SPECIALTY, INC. 401(K) PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
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: OLSEN OILFIELD SPECIALTY, INC. 401(K) PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
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: OLSEN OILFIELD SPECIALTY, INC. 401(K) PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
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: OLSEN OILFIELD SPECIALTY, INC. 401(K) PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedNo
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: OLSEN OILFIELD SPECIALTY, INC. 401(K) PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
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: OLSEN OILFIELD SPECIALTY, INC. 401(K) PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2009: OLSEN OILFIELD SPECIALTY, INC. 401(K) PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01First time form 5500 has been submittedYes
2009-01-01Submission has been amendedNo
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 – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA (National Association of Insurance Commissioners NAIC id number: 90611 )
Policy contract number5697;5708;5641
Policy instance 1
Insurance contract or identification number5697;5708;5641
Insurance policy start date2022-01-01
Insurance policy end date2022-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $5,890
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Amount paid for insurance broker fees5890
Insurance broker organization code?3
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA (National Association of Insurance Commissioners NAIC id number: 90611 )
Policy contract number5697;5708;5641
Policy instance 1
Insurance contract or identification number5697;5708;5641
Insurance policy start date2021-01-01
Insurance policy end date2021-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $5,293
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Amount paid for insurance broker fees5293
Insurance broker organization code?3
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA (National Association of Insurance Commissioners NAIC id number: 90611 )
Policy contract number5697;5708;5641
Policy instance 1
Insurance contract or identification number5697;5708;5641
Number of Individuals Covered4
Insurance policy start date2020-01-01
Insurance policy end date2020-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $11,638
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Amount paid for insurance broker fees11638
Insurance broker organization code?3
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA (National Association of Insurance Commissioners NAIC id number: 90611 )
Policy contract number5697;5708;5641
Policy instance 1
Insurance contract or identification number5697;5708;5641
Number of Individuals Covered4
Insurance policy start date2019-01-01
Insurance policy end date2019-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $5,211
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Amount paid for insurance broker fees5211
Insurance broker organization code?3
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA (National Association of Insurance Commissioners NAIC id number: 90611 )
Policy contract number5697;5708;5641
Policy instance 1
Insurance contract or identification number5697;5708;5641
Number of Individuals Covered4
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 $5,466
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Amount paid for insurance broker fees5466
Insurance broker organization code?3
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA (National Association of Insurance Commissioners NAIC id number: 90611 )
Policy contract number5697;5708;5641
Policy instance 1
Insurance contract or identification number5697;5708;5641
Number of Individuals Covered4
Insurance policy start date2017-01-01
Insurance policy end date2017-12-31
Total amount of commissions paid to insurance brokerUSD $5,109
Total amount of fees paid to insurance companyUSD $0
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $5,109
Insurance broker organization code?3
Insurance broker nameDORSETT COMPANY
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA (National Association of Insurance Commissioners NAIC id number: 90611 )
Policy contract number5697;5708;5641
Policy instance 1
Insurance contract or identification number5697;5708;5641
Number of Individuals Covered4
Insurance policy start date2015-01-01
Insurance policy end date2015-12-31
Total amount of commissions paid to insurance brokerUSD $3,048
Total amount of fees paid to insurance companyUSD $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 planNo
Contracts With Unallocated Funds Deposit Administration0
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 BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Commission paid to Insurance BrokerUSD $871
Insurance broker organization code?3
Insurance broker nameDORSETT COMPANY
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA (National Association of Insurance Commissioners NAIC id number: 90611 )
Policy contract number5697;5708;5641
Policy instance 1
Insurance contract or identification number5697;5708;5641
Number of Individuals Covered4
Insurance policy start date2014-12-01
Insurance policy end date2014-12-31
Total amount of commissions paid to insurance brokerUSD $7,921
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $5,658
Insurance broker organization code?3
Insurance broker namePERSONALIZED BROKERAGE SERVICE
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA (National Association of Insurance Commissioners NAIC id number: 90611 )
Policy contract number5697;5708;5641
Policy instance 1
Insurance contract or identification number5697;5708;5641
Number of Individuals Covered3
Insurance policy start date2013-12-01
Insurance policy end date2013-12-31
Total amount of commissions paid to insurance brokerUSD $7,864
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?Yes
Commission paid to Insurance BrokerUSD $5,617
Insurance broker organization code?3
Insurance broker namePERSONALIZED BROKERAGE SERVICE
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA (National Association of Insurance Commissioners NAIC id number: 90611 )
Policy contract number5697;5708;5641
Policy instance 1
Insurance contract or identification number5697;5708;5641
Number of Individuals Covered3
Insurance policy start date2012-12-01
Insurance policy end date2012-12-31
Total amount of commissions paid to insurance brokerUSD $2,418
Total amount of fees paid to insurance companyUSD $0
Commission paid to Insurance BrokerUSD $2,418
Insurance broker organization code?3
Insurance broker nameDORSETT COMPANY

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