ELITE OILFIELD SERVICES, INC. has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan ELITE OIL SERVICES, INC 401K PLAN
Measure | Date | Value |
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2017 : ELITE OIL SERVICES, INC 401K PLAN 2017 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2017-11-14 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-11-14 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-11-14 | $0 |
Total income from all sources (including contributions) | 2017-11-14 | $31,192 |
Total loss/gain on sale of assets | 2017-11-14 | $0 |
Total of all expenses incurred | 2017-11-14 | $610,388 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2017-11-14 | $603,559 |
Expenses. Certain deemed distributions of participant loans | 2017-11-14 | $0 |
Value of total corrective distributions | 2017-11-14 | $0 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2017-11-14 | $16,947 |
Value of total assets at end of year | 2017-11-14 | $0 |
Value of total assets at beginning of year | 2017-11-14 | $579,196 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2017-11-14 | $6,829 |
Total interest from all sources | 2017-11-14 | $0 |
Total dividends received (eg from common stock, registered investment company shares) | 2017-11-14 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2017-11-14 | Yes |
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan | 2017-11-14 | $0 |
Administrative expenses professional fees incurred | 2017-11-14 | $6,829 |
Was this plan covered by a fidelity bond | 2017-11-14 | Yes |
Value of fidelity bond cover | 2017-11-14 | $500,000 |
If this is an individual account plan, was there a blackout period | 2017-11-14 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2017-11-14 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2017-11-14 | No |
Contributions received from participants | 2017-11-14 | $14,623 |
Participant contributions at end of year | 2017-11-14 | $0 |
Participant contributions at beginning of year | 2017-11-14 | $13,437 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-11-14 | No |
Value of net income/loss | 2017-11-14 | $-579,196 |
Value of net assets at end of year (total assets less liabilities) | 2017-11-14 | $0 |
Value of net assets at beginning of year (total assets less liabilities) | 2017-11-14 | $579,196 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2017-11-14 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2017-11-14 | No |
Were any leases to which the plan was party in default or uncollectible | 2017-11-14 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2017-11-14 | $0 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2017-11-14 | $542,539 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2017-11-14 | $0 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2017-11-14 | $23,220 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2017-11-14 | $14,245 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2017-11-14 | No |
Was there a failure to transmit to the plan any participant contributions | 2017-11-14 | No |
Has the plan failed to provide any benefit when due under the plan | 2017-11-14 | No |
Contributions received in cash from employer | 2017-11-14 | $2,324 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2017-11-14 | $603,559 |
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 | 2017-11-14 | No |
Did the plan have assets held for investment | 2017-11-14 | 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 | 2017-11-14 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2017-11-14 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2017-11-14 | Yes |
Opinion of an independent qualified public accountant for this plan | 2017-11-14 | Disclaimer |
Accountancy firm name | 2017-11-14 | W.B. KANIA & ASSOCIATES, LLC |
Accountancy firm EIN | 2017-11-14 | 251646816 |
2016 : ELITE OIL SERVICES, INC 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 | $193,646 |
Total loss/gain on sale of assets | 2016-12-31 | $0 |
Total of all expenses incurred | 2016-12-31 | $137,027 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2016-12-31 | $134,849 |
Value of total corrective distributions | 2016-12-31 | $0 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2016-12-31 | $158,603 |
Value of total assets at end of year | 2016-12-31 | $579,196 |
Value of total assets at beginning of year | 2016-12-31 | $522,577 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2016-12-31 | $2,178 |
Total interest from all sources | 2016-12-31 | $718 |
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 | Yes |
Value of fidelity bond cover | 2016-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2016-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2016-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2016-12-31 | No |
Contributions received from participants | 2016-12-31 | $119,826 |
Participant contributions at end of year | 2016-12-31 | $13,437 |
Participant contributions at beginning of year | 2016-12-31 | $15,037 |
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 | $56,619 |
Value of net assets at end of year (total assets less liabilities) | 2016-12-31 | $579,196 |
Value of net assets at beginning of year (total assets less liabilities) | 2016-12-31 | $522,577 |
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 registered invesment companies (eg mutual funds) at end of year | 2016-12-31 | $542,539 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2016-12-31 | $482,106 |
Interest on participant loans | 2016-12-31 | $718 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2016-12-31 | $23,220 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2016-12-31 | $25,434 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2016-12-31 | $34,325 |
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 |
Contributions received in cash from employer | 2016-12-31 | $38,777 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2016-12-31 | $134,849 |
Contract administrator fees | 2016-12-31 | $2,178 |
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 | 2016-12-31 | No |
Did the plan have assets held for investment | 2016-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2016-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2016-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2016-12-31 | Disclaimer |
Accountancy firm name | 2016-12-31 | W. B. KANIA & ASSOCIATES, LLC |
Accountancy firm EIN | 2016-12-31 | 251646816 |