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PETROCHOICE HOLDINGS, INC. 401(K) PLAN 401k Plan overview

Plan NamePETROCHOICE HOLDINGS, INC. 401(K) PLAN
Plan identification number 001

PETROCHOICE HOLDINGS, 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.
  • Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
  • 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

PETROCHOICE HOLDINGS, INC. has sponsored the creation of one or more 401k plans.

Company Name:PETROCHOICE HOLDINGS, INC.
Employer identification number (EIN):261558803
NAIC Classification:523120
NAIC Description:Securities Brokerage

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PETROCHOICE HOLDINGS, INC. 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01
0012021-01-01
0012020-01-01
0012019-01-01
0012018-01-01
0012017-01-01MARILENA ACEVEDO
0012016-01-01MARILENA ACEVEDO

Plan Statistics for PETROCHOICE HOLDINGS, INC. 401(K) PLAN

401k plan membership statisitcs for PETROCHOICE HOLDINGS, INC. 401(K) PLAN

Measure Date Value
2022: PETROCHOICE HOLDINGS, INC. 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-01820
Total number of active participants reported on line 7a of the Form 55002022-01-01631
Number of retired or separated participants receiving benefits2022-01-011
Number of other retired or separated participants entitled to future benefits2022-01-01216
Total of all active and inactive participants2022-01-01848
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-010
Total participants2022-01-01848
Number of participants with account balances2022-01-01810
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-0185
2021: PETROCHOICE HOLDINGS, INC. 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-01847
Total number of active participants reported on line 7a of the Form 55002021-01-01578
Number of retired or separated participants receiving benefits2021-01-011
Number of other retired or separated participants entitled to future benefits2021-01-01221
Total of all active and inactive participants2021-01-01800
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-011
Total participants2021-01-01801
Number of participants with account balances2021-01-01764
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-01103
2020: PETROCHOICE HOLDINGS, INC. 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-01931
Total number of active participants reported on line 7a of the Form 55002020-01-01634
Number of retired or separated participants receiving benefits2020-01-011
Number of other retired or separated participants entitled to future benefits2020-01-01206
Total of all active and inactive participants2020-01-01841
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-01841
Number of participants with account balances2020-01-01796
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-01143
2019: PETROCHOICE HOLDINGS, INC. 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-01901
Total number of active participants reported on line 7a of the Form 55002019-01-01686
Number of retired or separated participants receiving benefits2019-01-011
Number of other retired or separated participants entitled to future benefits2019-01-01178
Total of all active and inactive participants2019-01-01865
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-01865
Number of participants with account balances2019-01-01824
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-01140
2018: PETROCHOICE HOLDINGS, INC. 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-01914
Total number of active participants reported on line 7a of the Form 55002018-01-01715
Number of retired or separated participants receiving benefits2018-01-012
Number of other retired or separated participants entitled to future benefits2018-01-01172
Total of all active and inactive participants2018-01-01889
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-01889
Number of participants with account balances2018-01-01825
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-01140
2017: PETROCHOICE HOLDINGS, INC. 401(K) PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-01884
Total number of active participants reported on line 7a of the Form 55002017-01-01780
Number of retired or separated participants receiving benefits2017-01-011
Number of other retired or separated participants entitled to future benefits2017-01-01107
Total of all active and inactive participants2017-01-01888
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-01888
Number of participants with account balances2017-01-01811
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-01126
2016: PETROCHOICE HOLDINGS, INC. 401(K) PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-01620
Total number of active participants reported on line 7a of the Form 55002016-01-01780
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-0194
Total of all active and inactive participants2016-01-01874
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-01874
Number of participants with account balances2016-01-01766
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-0192

Financial Data on PETROCHOICE HOLDINGS, INC. 401(K) PLAN

Measure Date Value
2022 : PETROCHOICE HOLDINGS, INC. 401(K) PLAN 2022 401k financial data
Total unrealized appreciation/depreciation of assets2022-12-31$0
Total transfer of assets to this plan2022-12-31$0
Total transfer of assets from this plan2022-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$0
Total income from all sources (including contributions)2022-12-31$-2,448,149
Total loss/gain on sale of assets2022-12-31$0
Total of all expenses incurred2022-12-31$3,615,073
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$3,383,474
Expenses. Certain deemed distributions of participant loans2022-12-31$89,574
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$4,596,550
Value of total assets at end of year2022-12-31$33,616,866
Value of total assets at beginning of year2022-12-31$39,680,088
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$142,025
Total interest from all sources2022-12-31$47,624
Total dividends received (eg from common stock, registered investment company shares)2022-12-31$1,719,569
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2022-12-31$1,719,569
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$500,000
If this is an individual account plan, was there a blackout period2022-12-31No
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Contributions received from participants2022-12-31$2,887,714
Participant contributions at end of year2022-12-31$996,907
Participant contributions at beginning of year2022-12-31$949,928
Income. Received or receivable in cash from other sources (including rollovers)2022-12-31$667,013
Other income not declared elsewhere2022-12-31$10,648
Administrative expenses (other) incurred2022-12-31$142,025
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-6,063,222
Value of net assets at end of year (total assets less liabilities)2022-12-31$33,616,866
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$39,680,088
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2022-12-31No
Were any leases to which the plan was party in default or uncollectible2022-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-12-31$30,675,877
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-12-31$36,476,185
Interest on participant loans2022-12-31$47,624
Value of interest in common/collective trusts at end of year2022-12-31$1,944,082
Value of interest in common/collective trusts at beginning of year2022-12-31$2,253,975
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-12-31$-8,856,975
Net investment gain or loss from common/collective trusts2022-12-31$34,435
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-12-31No
Was there a failure to transmit to the plan any participant contributions2022-12-31No
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Contributions received in cash from employer2022-12-31$1,041,823
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$3,383,474
Did the plan have assets held for investment2022-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-12-31No
Opinion of an independent qualified public accountant for this plan2022-12-31Unqualified
Accountancy firm name2022-12-31CPAMD LTD
Accountancy firm EIN2022-12-31815212190
2021 : PETROCHOICE HOLDINGS, INC. 401(K) PLAN 2021 401k financial data
Total unrealized appreciation/depreciation of assets2021-12-31$0
Total transfer of assets to this plan2021-12-31$0
Total transfer of assets from this plan2021-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$0
Total income from all sources (including contributions)2021-12-31$9,137,009
Total loss/gain on sale of assets2021-12-31$0
Total of all expenses incurred2021-12-31$5,085,347
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$4,829,760
Expenses. Certain deemed distributions of participant loans2021-12-31$106,752
Value of total corrective distributions2021-12-31$969
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$3,828,266
Value of total assets at end of year2021-12-31$39,680,088
Value of total assets at beginning of year2021-12-31$35,628,426
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$147,866
Total interest from all sources2021-12-31$54,885
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$2,291,524
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2021-12-31$2,291,524
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$500,000
If this is an individual account plan, was there a blackout period2021-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-12-31$0
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Contributions received from participants2021-12-31$2,710,823
Participant contributions at end of year2021-12-31$949,928
Participant contributions at beginning of year2021-12-31$1,052,209
Income. Received or receivable in cash from other sources (including rollovers)2021-12-31$348,628
Other income not declared elsewhere2021-12-31$78,468
Administrative expenses (other) incurred2021-12-31$147,866
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Value of net income/loss2021-12-31$4,051,662
Value of net assets at end of year (total assets less liabilities)2021-12-31$39,680,088
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$35,628,426
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2021-12-31No
Were any leases to which the plan was party in default or uncollectible2021-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2021-12-31$36,476,185
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2021-12-31$32,403,986
Interest on participant loans2021-12-31$54,885
Value of interest in common/collective trusts at end of year2021-12-31$2,253,975
Value of interest in common/collective trusts at beginning of year2021-12-31$2,172,231
Net investment gain/loss from registered investment companies (e.g. mutual funds)2021-12-31$2,852,935
Net investment gain or loss from common/collective trusts2021-12-31$30,931
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-12-31No
Was there a failure to transmit to the plan any participant contributions2021-12-31No
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Contributions received in cash from employer2021-12-31$768,815
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$4,829,760
Did the plan have assets held for investment2021-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-12-31No
Opinion of an independent qualified public accountant for this plan2021-12-31Unqualified
Accountancy firm name2021-12-31CPAMD LTD
Accountancy firm EIN2021-12-31815212190
2020 : PETROCHOICE HOLDINGS, INC. 401(K) PLAN 2020 401k financial data
Total unrealized appreciation/depreciation of assets2020-12-31$0
Total transfer of assets to this plan2020-12-31$0
Total transfer of assets from this plan2020-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$0
Total income from all sources (including contributions)2020-12-31$8,053,247
Total loss/gain on sale of assets2020-12-31$0
Total of all expenses incurred2020-12-31$7,640,610
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$7,406,447
Expenses. Certain deemed distributions of participant loans2020-12-31$81,024
Value of total corrective distributions2020-12-31$49,858
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$2,872,439
Value of total assets at end of year2020-12-31$35,628,426
Value of total assets at beginning of year2020-12-31$35,215,789
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$103,281
Total interest from all sources2020-12-31$49,460
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$1,362,879
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2020-12-31$1,362,879
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$500,000
If this is an individual account plan, was there a blackout period2020-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-12-31$0
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Contributions received from participants2020-12-31$2,444,585
Participant contributions at end of year2020-12-31$1,052,209
Participant contributions at beginning of year2020-12-31$1,022,190
Income. Received or receivable in cash from other sources (including rollovers)2020-12-31$55,611
Other income not declared elsewhere2020-12-31$35,824
Administrative expenses (other) incurred2020-12-31$103,281
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Value of net income/loss2020-12-31$412,637
Value of net assets at end of year (total assets less liabilities)2020-12-31$35,628,426
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$35,215,789
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2020-12-31No
Were any leases to which the plan was party in default or uncollectible2020-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2020-12-31$32,403,986
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2020-12-31$32,752,323
Interest on participant loans2020-12-31$49,460
Value of interest in common/collective trusts at end of year2020-12-31$2,172,231
Value of interest in common/collective trusts at beginning of year2020-12-31$1,441,276
Net investment gain/loss from registered investment companies (e.g. mutual funds)2020-12-31$3,694,708
Net investment gain or loss from common/collective trusts2020-12-31$37,937
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-12-31No
Was there a failure to transmit to the plan any participant contributions2020-12-31No
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Contributions received in cash from employer2020-12-31$372,243
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$7,406,447
Did the plan have assets held for investment2020-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-12-31No
Opinion of an independent qualified public accountant for this plan2020-12-31Disclaimer
Accountancy firm name2020-12-31CPAMD, LTD
Accountancy firm EIN2020-12-31815212190
2019 : PETROCHOICE HOLDINGS, INC. 401(K) PLAN 2019 401k financial data
Total unrealized appreciation/depreciation of assets2019-12-31$0
Total unrealized appreciation/depreciation of assets2019-12-31$0
Total transfer of assets to this plan2019-12-31$0
Total transfer of assets to this plan2019-12-31$0
Total transfer of assets from this plan2019-12-31$0
Total transfer of assets from this plan2019-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total income from all sources (including contributions)2019-12-31$11,161,558
Total income from all sources (including contributions)2019-12-31$11,161,558
Total loss/gain on sale of assets2019-12-31$0
Total loss/gain on sale of assets2019-12-31$0
Total of all expenses incurred2019-12-31$7,764,606
Total of all expenses incurred2019-12-31$7,764,606
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$7,539,786
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$7,539,786
Expenses. Certain deemed distributions of participant loans2019-12-31$114,554
Expenses. Certain deemed distributions of participant loans2019-12-31$114,554
Value of total corrective distributions2019-12-31$7,312
Value of total corrective distributions2019-12-31$7,312
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$4,140,327
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$4,140,327
Value of total assets at end of year2019-12-31$35,215,789
Value of total assets at end of year2019-12-31$35,215,789
Value of total assets at beginning of year2019-12-31$31,818,837
Value of total assets at beginning of year2019-12-31$31,818,837
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$102,954
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$102,954
Total interest from all sources2019-12-31$56,693
Total interest from all sources2019-12-31$56,693
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$1,282,575
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2019-12-31$1,282,575
Total dividends received from registered investment company shares (eg mutual funds)2019-12-31$1,282,575
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$500,000
Value of fidelity bond cover2019-12-31$500,000
If this is an individual account plan, was there a blackout period2019-12-31No
If this is an individual account plan, was there a blackout period2019-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Contributions received from participants2019-12-31$2,678,576
Contributions received from participants2019-12-31$2,678,576
Participant contributions at end of year2019-12-31$1,022,190
Participant contributions at end of year2019-12-31$1,022,190
Participant contributions at beginning of year2019-12-31$1,112,322
Participant contributions at beginning of year2019-12-31$1,112,322
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$521,255
Other income not declared elsewhere2019-12-31$1,076
Other income not declared elsewhere2019-12-31$1,076
Administrative expenses (other) incurred2019-12-31$102,954
Administrative expenses (other) incurred2019-12-31$102,954
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Value of net income/loss2019-12-31$3,396,952
Value of net income/loss2019-12-31$3,396,952
Value of net assets at end of year (total assets less liabilities)2019-12-31$35,215,789
Value of net assets at end of year (total assets less liabilities)2019-12-31$35,215,789
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$31,818,837
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$31,818,837
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$32,752,323
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$32,752,323
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$29,491,868
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$29,491,868
Interest on participant loans2019-12-31$56,693
Value of interest in common/collective trusts at end of year2019-12-31$1,441,276
Value of interest in common/collective trusts at end of year2019-12-31$1,441,276
Value of interest in common/collective trusts at beginning of year2019-12-31$1,214,647
Value of interest in common/collective trusts at beginning of year2019-12-31$1,214,647
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$5,651,551
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$5,651,551
Net investment gain or loss from common/collective trusts2019-12-31$29,336
Net investment gain or loss from common/collective trusts2019-12-31$29,336
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Contributions received in cash from employer2019-12-31$940,496
Contributions received in cash from employer2019-12-31$940,496
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$7,539,786
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$7,539,786
Did the plan have assets held for investment2019-12-31Yes
Did the plan have assets held for investment2019-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31Yes
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Accountancy firm name2019-12-31CPAMD, LTD
Accountancy firm name2019-12-31CPAMD, LTD
Accountancy firm EIN2019-12-31815212190
Accountancy firm EIN2019-12-31815212190
2018 : PETROCHOICE HOLDINGS, INC. 401(K) PLAN 2018 401k financial data
Total unrealized appreciation/depreciation of assets2018-12-31$0
Total transfer of assets to this plan2018-12-31$0
Total transfer of assets from this plan2018-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$0
Total income from all sources (including contributions)2018-12-31$2,698,708
Total loss/gain on sale of assets2018-12-31$0
Total of all expenses incurred2018-12-31$5,836,387
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$5,605,405
Expenses. Certain deemed distributions of participant loans2018-12-31$106,119
Value of total corrective distributions2018-12-31$17,625
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$4,601,104
Value of total assets at end of year2018-12-31$31,818,837
Value of total assets at beginning of year2018-12-31$34,956,516
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$107,238
Total interest from all sources2018-12-31$52,763
Total dividends received (eg from common stock, registered investment company shares)2018-12-31$1,599,067
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2018-12-31$1,599,067
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$500,000
If this is an individual account plan, was there a blackout period2018-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0
Were there any nonexempt tranactions with any party-in-interest2018-12-31No
Contributions received from participants2018-12-31$3,015,740
Participant contributions at end of year2018-12-31$1,112,322
Participant contributions at beginning of year2018-12-31$1,046,403
Income. Received or receivable in cash from other sources (including rollovers)2018-12-31$512,686
Other income not declared elsewhere2018-12-31$51,043
Administrative expenses (other) incurred2018-12-31$107,238
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$-3,137,679
Value of net assets at end of year (total assets less liabilities)2018-12-31$31,818,837
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$34,956,516
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2018-12-31No
Were any leases to which the plan was party in default or uncollectible2018-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2018-12-31$29,491,868
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2018-12-31$29,662,325
Interest on participant loans2018-12-31$52,763
Value of interest in common/collective trusts at end of year2018-12-31$1,214,647
Value of interest in common/collective trusts at beginning of year2018-12-31$4,247,788
Net investment gain/loss from registered investment companies (e.g. mutual funds)2018-12-31$-3,611,100
Net investment gain or loss from common/collective trusts2018-12-31$5,831
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-12-31No
Was there a failure to transmit to the plan any participant contributions2018-12-31No
Has the plan failed to provide any benefit when due under the plan2018-12-31No
Contributions received in cash from employer2018-12-31$1,072,678
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$5,605,405
Did the plan have assets held for investment2018-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-12-31Yes
Opinion of an independent qualified public accountant for this plan2018-12-31Disclaimer
Accountancy firm name2018-12-31CPAMD, LTD
Accountancy firm EIN2018-12-31815212190
2017 : PETROCHOICE HOLDINGS, INC. 401(K) PLAN 2017 401k financial data
Total unrealized appreciation/depreciation of assets2017-12-31$0
Total transfer of assets to this plan2017-12-31$2,471,608
Total transfer of assets from this plan2017-12-31$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$10,320,417
Total loss/gain on sale of assets2017-12-31$0
Total of all expenses incurred2017-12-31$2,745,797
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$2,567,913
Expenses. Certain deemed distributions of participant loans2017-12-31$1,846
Value of total corrective distributions2017-12-31$91,723
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$5,289,719
Value of total assets at end of year2017-12-31$34,956,516
Value of total assets at beginning of year2017-12-31$24,910,288
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$84,315
Total interest from all sources2017-12-31$37,218
Total dividends received (eg from common stock, registered investment company shares)2017-12-31$1,353,410
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2017-12-31$1,353,410
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$500,000
If this is an individual account plan, was there a blackout period2017-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
Were there any nonexempt tranactions with any party-in-interest2017-12-31No
Contributions received from participants2017-12-31$3,030,655
Participant contributions at end of year2017-12-31$1,046,403
Participant contributions at beginning of year2017-12-31$835,348
Income. Received or receivable in cash from other sources (including rollovers)2017-12-31$1,109,161
Other income not declared elsewhere2017-12-31$82,623
Administrative expenses (other) incurred2017-12-31$84,315
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Value of net income/loss2017-12-31$7,574,620
Value of net assets at end of year (total assets less liabilities)2017-12-31$34,956,516
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$24,910,288
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2017-12-31No
Were any leases to which the plan was party in default or uncollectible2017-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2017-12-31$29,662,325
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2017-12-31$20,165,004
Interest on participant loans2017-12-31$37,215
Value of interest in common/collective trusts at end of year2017-12-31$4,247,788
Value of interest in common/collective trusts at beginning of year2017-12-31$3,909,936
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2017-12-31$3
Net investment gain/loss from registered investment companies (e.g. mutual funds)2017-12-31$3,153,827
Net investment gain or loss from common/collective trusts2017-12-31$403,620
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-12-31No
Was there a failure to transmit to the plan any participant contributions2017-12-31No
Has the plan failed to provide any benefit when due under the plan2017-12-31No
Contributions received in cash from employer2017-12-31$1,149,903
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$2,567,913
Did the plan have assets held for investment2017-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-12-31Yes
Opinion of an independent qualified public accountant for this plan2017-12-31Disclaimer
Accountancy firm name2017-12-31CPAMD, LTD
Accountancy firm EIN2017-12-31815212190
2016 : PETROCHOICE HOLDINGS, INC. 401(K) PLAN 2016 401k financial data
Total unrealized appreciation/depreciation of assets2016-12-31$0
Total transfer of assets to this plan2016-12-31$169,635
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$7,049,439
Total loss/gain on sale of assets2016-12-31$0
Total of all expenses incurred2016-12-31$3,236,762
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$3,149,793
Expenses. Certain deemed distributions of participant loans2016-12-31$751
Value of total corrective distributions2016-12-31$30,547
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$5,448,784
Value of total assets at end of year2016-12-31$24,910,288
Value of total assets at beginning of year2016-12-31$20,927,976
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$55,671
Total interest from all sources2016-12-31$29,510
Total dividends received (eg from common stock, registered investment company shares)2016-12-31$615,964
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2016-12-31$615,964
Was this plan covered by a fidelity bond2016-12-31Yes
Value of fidelity bond cover2016-12-31$500,000
If this is an individual account plan, was there a blackout period2016-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0
Were there any nonexempt tranactions with any party-in-interest2016-12-31No
Contributions received from participants2016-12-31$2,429,533
Participant contributions at end of year2016-12-31$835,348
Participant contributions at beginning of year2016-12-31$632,711
Income. Received or receivable in cash from other sources (including rollovers)2016-12-31$2,076,494
Other income not declared elsewhere2016-12-31$64,769
Administrative expenses (other) incurred2016-12-31$55,671
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Value of net income/loss2016-12-31$3,812,677
Value of net assets at end of year (total assets less liabilities)2016-12-31$24,910,288
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$20,927,976
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2016-12-31No
Were any leases to which the plan was party in default or uncollectible2016-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2016-12-31$20,165,004
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2016-12-31$17,012,073
Interest on participant loans2016-12-31$29,510
Value of interest in common/collective trusts at end of year2016-12-31$3,909,936
Value of interest in common/collective trusts at beginning of year2016-12-31$3,283,192
Net investment gain/loss from registered investment companies (e.g. mutual funds)2016-12-31$647,788
Net investment gain or loss from common/collective trusts2016-12-31$242,624
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-12-31No
Was there a failure to transmit to the plan any participant contributions2016-12-31No
Has the plan failed to provide any benefit when due under the plan2016-12-31No
Contributions received in cash from employer2016-12-31$942,757
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$3,149,793
Did the plan have assets held for investment2016-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-12-31Yes
Opinion of an independent qualified public accountant for this plan2016-12-31Disclaimer
Accountancy firm name2016-12-31MCDONALD DOHERTY & ASSOCIATES
Accountancy firm EIN2016-12-31363608693

Form 5500 Responses for PETROCHOICE HOLDINGS, INC. 401(K) PLAN

2022: PETROCHOICE HOLDINGS, INC. 401(K) PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedNo
2022-01-01This submission is the final filingNo
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: PETROCHOICE HOLDINGS, INC. 401(K) PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedNo
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: PETROCHOICE HOLDINGS, INC. 401(K) PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: PETROCHOICE HOLDINGS, INC. 401(K) PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: PETROCHOICE HOLDINGS, INC. 401(K) PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: PETROCHOICE HOLDINGS, INC. 401(K) PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: PETROCHOICE HOLDINGS, INC. 401(K) PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes

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