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BURCH OIL COMPANY, INC. PROFIT SHARING PLAN 401k Plan overview

Plan NameBURCH OIL COMPANY, INC. PROFIT SHARING PLAN
Plan identification number 003

BURCH OIL COMPANY, INC. PROFIT SHARING PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • 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

BURCH OIL COMPANY, INC. has sponsored the creation of one or more 401k plans.

Company Name:BURCH OIL COMPANY, INC.
Employer identification number (EIN):520728457
NAIC Classification:424700

Form 5500 Filing Information

Submission information for form 5500 for 401k plan BURCH OIL COMPANY, INC. PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0032022-01-01
0032021-01-01
0032020-01-01
0032019-01-01
0032018-01-01
0032017-01-01SHERI NORRIS
0032016-01-01SHERI NORRIS
0032015-01-01
0032014-01-01
0032013-01-01F. ELLIOTT BURCH, JR. F. ELLIOTT BURCH, JR.2014-10-13
0032012-01-01F. ELLIOTT BURCH, JR.
0032011-01-01F ELLIOTT BURCH JR
0032010-01-01SALLIE JO MARKER
0032009-01-01JAMES DAUGHERTY JAMES DAUGHERTY2010-07-23

Plan Statistics for BURCH OIL COMPANY, INC. PROFIT SHARING PLAN

401k plan membership statisitcs for BURCH OIL COMPANY, INC. PROFIT SHARING PLAN

Measure Date Value
2022: BURCH OIL COMPANY, INC. PROFIT SHARING PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-01152
Total number of active participants reported on line 7a of the Form 55002022-01-0172
Number of retired or separated participants receiving benefits2022-01-010
Number of other retired or separated participants entitled to future benefits2022-01-0151
Total of all active and inactive participants2022-01-01123
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-011
Total participants2022-01-01124
Number of participants with account balances2022-01-01115
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-0111
2021: BURCH OIL COMPANY, INC. PROFIT SHARING PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-01168
Total number of active participants reported on line 7a of the Form 55002021-01-0183
Number of retired or separated participants receiving benefits2021-01-010
Number of other retired or separated participants entitled to future benefits2021-01-0160
Total of all active and inactive participants2021-01-01143
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-01143
Number of participants with account balances2021-01-01137
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-017
2020: BURCH OIL COMPANY, INC. PROFIT SHARING PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-01215
Total number of active participants reported on line 7a of the Form 55002020-01-0188
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-0170
Total of all active and inactive participants2020-01-01158
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-01158
Number of participants with account balances2020-01-01150
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-0132
2019: BURCH OIL COMPANY, INC. PROFIT SHARING PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-01210
Total number of active participants reported on line 7a of the Form 55002019-01-01153
Number of retired or separated participants receiving benefits2019-01-010
Number of other retired or separated participants entitled to future benefits2019-01-0136
Total of all active and inactive participants2019-01-01189
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-01189
Number of participants with account balances2019-01-01175
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-015
2018: BURCH OIL COMPANY, INC. PROFIT SHARING PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-01207
Total number of active participants reported on line 7a of the Form 55002018-01-01149
Number of retired or separated participants receiving benefits2018-01-010
Number of other retired or separated participants entitled to future benefits2018-01-0139
Total of all active and inactive participants2018-01-01188
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-011
Total participants2018-01-01189
Number of participants with account balances2018-01-01177
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-0114
2017: BURCH OIL COMPANY, INC. PROFIT SHARING PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-01225
Total number of active participants reported on line 7a of the Form 55002017-01-01160
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-0130
Total of all active and inactive participants2017-01-01190
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-01190
Number of participants with account balances2017-01-01147
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-0114
2016: BURCH OIL COMPANY, INC. PROFIT SHARING PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-01168
Total number of active participants reported on line 7a of the Form 55002016-01-01147
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-0116
Total of all active and inactive participants2016-01-01163
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-011
Total participants2016-01-01164
Number of participants with account balances2016-01-01154
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-0111
2015: BURCH OIL COMPANY, INC. PROFIT SHARING PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-01172
Total number of active participants reported on line 7a of the Form 55002015-01-01143
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-0125
Total of all active and inactive participants2015-01-01168
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-01168
Number of participants with account balances2015-01-01168
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-0110
2014: BURCH OIL COMPANY, INC. PROFIT SHARING PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-01169
Total number of active participants reported on line 7a of the Form 55002014-01-01132
Number of retired or separated participants receiving benefits2014-01-011
Number of other retired or separated participants entitled to future benefits2014-01-0122
Total of all active and inactive participants2014-01-01155
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-01155
Number of participants with account balances2014-01-01155
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-015
2013: BURCH OIL COMPANY, INC. PROFIT SHARING PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-01166
Total number of active participants reported on line 7a of the Form 55002013-01-01116
Number of retired or separated participants receiving benefits2013-01-013
Number of other retired or separated participants entitled to future benefits2013-01-0130
Total of all active and inactive participants2013-01-01149
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-011
Total participants2013-01-01150
Number of participants with account balances2013-01-01150
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-019
2012: BURCH OIL COMPANY, INC. PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-01168
Total number of active participants reported on line 7a of the Form 55002012-01-01122
Number of retired or separated participants receiving benefits2012-01-014
Number of other retired or separated participants entitled to future benefits2012-01-0124
Total of all active and inactive participants2012-01-01150
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-01150
Number of participants with account balances2012-01-01150
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-019
2011: BURCH OIL COMPANY, INC. PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-01170
Total number of active participants reported on line 7a of the Form 55002011-01-01130
Number of retired or separated participants receiving benefits2011-01-014
Number of other retired or separated participants entitled to future benefits2011-01-0137
Total of all active and inactive participants2011-01-01171
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-01171
Number of participants with account balances2011-01-01153
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-0110
2010: BURCH OIL COMPANY, INC. PROFIT SHARING PLAN 2010 401k membership
Total participants, beginning-of-year2010-01-01166
Total number of active participants reported on line 7a of the Form 55002010-01-01129
Number of retired or separated participants receiving benefits2010-01-013
Number of other retired or separated participants entitled to future benefits2010-01-0124
Total of all active and inactive participants2010-01-01156
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-010
Total participants2010-01-01156
Number of participants with account balances2010-01-01156
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-015
2009: BURCH OIL COMPANY, INC. PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-01174
Total number of active participants reported on line 7a of the Form 55002009-01-01121
Number of retired or separated participants receiving benefits2009-01-011
Number of other retired or separated participants entitled to future benefits2009-01-0133
Total of all active and inactive participants2009-01-01155
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-01155
Number of participants with account balances2009-01-01149
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-015

Financial Data on BURCH OIL COMPANY, INC. PROFIT SHARING PLAN

Measure Date Value
2022 : BURCH OIL COMPANY, INC. PROFIT SHARING PLAN 2022 401k financial data
Total income from all sources (including contributions)2022-12-31$-1,986,538
Total of all expenses incurred2022-12-31$4,741,980
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$4,721,420
Value of total corrective distributions2022-12-31$16,350
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$393,050
Value of total assets at end of year2022-12-31$9,562,150
Value of total assets at beginning of year2022-12-31$16,290,668
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$4,210
Total interest from all sources2022-12-31$6,916
Total dividends received (eg from common stock, registered investment company shares)2022-12-31$5,541
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$5,541
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$193,050
Participant contributions at end of year2022-12-31$46,973
Participant contributions at beginning of year2022-12-31$33,090
Administrative expenses (other) incurred2022-12-31$14
Total non interest bearing cash at end of year2022-12-31$3,000
Total non interest bearing cash at beginning of year2022-12-31$5
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-6,728,518
Value of net assets at end of year (total assets less liabilities)2022-12-31$9,562,150
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$16,290,668
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
Investment advisory and management fees2022-12-31$4,196
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-12-31$8,553,743
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-12-31$15,586,295
Interest on participant loans2022-12-31$2,406
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2022-12-31$758,434
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2022-12-31$471,278
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2022-12-31$471,278
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2022-12-31$4,510
Asset value of US Government securities at end of year2022-12-31$0
Asset value of US Government securities at beginning of year2022-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-12-31$-2,392,045
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$200,000
Employer contributions (assets) at end of year2022-12-31$200,000
Employer contributions (assets) at beginning of year2022-12-31$200,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$4,721,420
Assets. Corporate common stocks other than exployer securities at end of year2022-12-31$0
Assets. Corporate common stocks other than exployer securities at beginning of year2022-12-31$0
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 name2022-12-31GROSSBERG COMPANY, LLP
Accountancy firm EIN2022-12-31520807134
2021 : BURCH OIL COMPANY, INC. PROFIT SHARING PLAN 2021 401k financial data
Total income from all sources (including contributions)2021-12-31$4,017,188
Total of all expenses incurred2021-12-31$1,172,595
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$1,128,227
Value of total corrective distributions2021-12-31$40,266
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$480,713
Value of total assets at end of year2021-12-31$16,290,668
Value of total assets at beginning of year2021-12-31$13,446,075
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$4,102
Total interest from all sources2021-12-31$1,108
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$8,119
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$8,119
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$280,713
Participant contributions at end of year2021-12-31$33,090
Participant contributions at beginning of year2021-12-31$34,213
Participant contributions at beginning of year2021-12-31$0
Assets. Other investments not covered elsewhere at beginning of year2021-12-31$0
Total non interest bearing cash at end of year2021-12-31$5
Total non interest bearing cash at beginning of year2021-12-31$70,598
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$2,844,593
Value of net assets at end of year (total assets less liabilities)2021-12-31$16,290,668
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$13,446,075
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
Investment advisory and management fees2021-12-31$4,102
Value of interest in registered invesment companies (eg mutual funds) at end of year2021-12-31$15,586,295
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2021-12-31$12,919,303
Interest on participant loans2021-12-31$649
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2021-12-31$471,278
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2021-12-31$221,961
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2021-12-31$221,961
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2021-12-31$459
Asset value of US Government securities at end of year2021-12-31$0
Asset value of US Government securities at beginning of year2021-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2021-12-31$3,527,248
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
Assets. Invements in employer securities at beginning of year2021-12-31$0
Contributions received in cash from employer2021-12-31$200,000
Employer contributions (assets) at end of year2021-12-31$200,000
Employer contributions (assets) at beginning of year2021-12-31$200,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$1,128,227
Assets. Corporate common stocks other than exployer securities at end of year2021-12-31$0
Assets. Corporate common stocks other than exployer securities at beginning of year2021-12-31$0
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 name2021-12-31GROSSBERG COMPANY, LLP
Accountancy firm EIN2021-12-31520807134
2020 : BURCH OIL COMPANY, INC. PROFIT SHARING PLAN 2020 401k financial data
Total unrealized appreciation/depreciation of assets2020-12-31$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$3,136,594
Total loss/gain on sale of assets2020-12-31$0
Total of all expenses incurred2020-12-31$948,110
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$930,582
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$508,141
Value of total assets at end of year2020-12-31$13,446,075
Value of total assets at beginning of year2020-12-31$11,257,591
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$17,528
Total interest from all sources2020-12-31$1,224
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$2,068
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$2,068
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$308,141
Participant contributions at end of year2020-12-31$34,213
Participant contributions at beginning of year2020-12-31$6,300
Participant contributions at end of year2020-12-31$0
Participant contributions at beginning of year2020-12-31$0
Assets. Other investments not covered elsewhere at end of year2020-12-31$0
Assets. Other investments not covered elsewhere at beginning of year2020-12-31$0
Total non interest bearing cash at end of year2020-12-31$70,598
Total non interest bearing cash at beginning of year2020-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Value of net income/loss2020-12-31$2,188,484
Value of net assets at end of year (total assets less liabilities)2020-12-31$13,446,075
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$11,257,591
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
Investment advisory and management fees2020-12-31$17,528
Value of interest in registered invesment companies (eg mutual funds) at end of year2020-12-31$12,919,303
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2020-12-31$11,013,626
Interest on participant loans2020-12-31$966
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2020-12-31$221,961
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2020-12-31$37,665
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2020-12-31$37,665
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2020-12-31$258
Asset value of US Government securities at end of year2020-12-31$0
Asset value of US Government securities at beginning of year2020-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2020-12-31$2,625,161
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
Assets. Invements in employer securities at end of year2020-12-31$0
Assets. Invements in employer securities at beginning of year2020-12-31$0
Contributions received in cash from employer2020-12-31$200,000
Employer contributions (assets) at end of year2020-12-31$200,000
Employer contributions (assets) at beginning of year2020-12-31$200,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$930,582
Assets. Corporate common stocks other than exployer securities at end of year2020-12-31$0
Assets. Corporate common stocks other than exployer securities at beginning of year2020-12-31$0
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 plan2020-12-31Unqualified
Accountancy firm name2020-12-31GROSSBERG COMPANY, LLP
Accountancy firm EIN2020-12-31520807134
2019 : BURCH OIL COMPANY, INC. PROFIT SHARING PLAN 2019 401k financial data
Total unrealized appreciation/depreciation of assets2019-12-31$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 income from all sources (including contributions)2019-12-31$2,012,544
Total loss/gain on sale of assets2019-12-31$0
Total of all expenses incurred2019-12-31$530,562
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$466,018
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$417,234
Value of total assets at end of year2019-12-31$11,257,591
Value of total assets at beginning of year2019-12-31$9,775,609
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$64,544
Total interest from all sources2019-12-31$835
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$1,482
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$1,482
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$500,000
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
Contributions received from participants2019-12-31$216,424
Participant contributions at end of year2019-12-31$6,300
Participant contributions at beginning of year2019-12-31$10,478
Participant contributions at end of year2019-12-31$0
Participant contributions at beginning of year2019-12-31$0
Assets. Other investments not covered elsewhere at end of year2019-12-31$0
Assets. Other investments not covered elsewhere at beginning of year2019-12-31$0
Total non interest bearing cash at end of year2019-12-31$0
Total non interest bearing cash at beginning of year2019-12-31$41
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$1,481,982
Value of net assets at end of year (total assets less liabilities)2019-12-31$11,257,591
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$9,775,609
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 leases to which the plan was party in default or uncollectible2019-12-31No
Investment advisory and management fees2019-12-31$64,544
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$11,013,626
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$9,537,951
Interest on participant loans2019-12-31$413
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2019-12-31$37,665
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2019-12-31$27,139
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2019-12-31$27,139
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2019-12-31$422
Asset value of US Government securities at end of year2019-12-31$0
Asset value of US Government securities at beginning of year2019-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$1,592,993
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
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Assets. Invements in employer securities at end of year2019-12-31$0
Assets. Invements in employer securities at beginning of year2019-12-31$0
Contributions received in cash from employer2019-12-31$200,810
Employer contributions (assets) at end of year2019-12-31$200,000
Employer contributions (assets) at beginning of year2019-12-31$200,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$466,018
Assets. Corporate common stocks other than exployer securities at end of year2019-12-31$0
Assets. Corporate common stocks other than exployer securities at beginning of year2019-12-31$0
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
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
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Accountancy firm name2019-12-31GROSSBERG COMPANY, LLP
Accountancy firm EIN2019-12-31520807134
2018 : BURCH OIL COMPANY, INC. PROFIT SHARING PLAN 2018 401k financial data
Total unrealized appreciation/depreciation of assets2018-12-31$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$0
Total income from all sources (including contributions)2018-12-31$-1,328,666
Total loss/gain on sale of assets2018-12-31$0
Total of all expenses incurred2018-12-31$504,177
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$455,320
Value of total corrective distributions2018-12-31$9,697
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$401,490
Value of total assets at end of year2018-12-31$9,775,609
Value of total assets at beginning of year2018-12-31$11,608,452
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$39,160
Total interest from all sources2018-12-31$687
Total dividends received (eg from common stock, registered investment company shares)2018-12-31$255
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$255
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$201,490
Participant contributions at end of year2018-12-31$10,478
Participant contributions at beginning of year2018-12-31$3,936
Participant contributions at end of year2018-12-31$0
Participant contributions at beginning of year2018-12-31$0
Assets. Other investments not covered elsewhere at end of year2018-12-31$0
Assets. Other investments not covered elsewhere at beginning of year2018-12-31$0
Total non interest bearing cash at end of year2018-12-31$41
Total non interest bearing cash at beginning of year2018-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$-1,832,843
Value of net assets at end of year (total assets less liabilities)2018-12-31$9,775,609
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$11,608,452
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
Investment advisory and management fees2018-12-31$39,160
Value of interest in registered invesment companies (eg mutual funds) at end of year2018-12-31$9,537,951
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2018-12-31$11,388,332
Interest on participant loans2018-12-31$498
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2018-12-31$27,139
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2018-12-31$16,184
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2018-12-31$16,184
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2018-12-31$189
Asset value of US Government securities at end of year2018-12-31$0
Asset value of US Government securities at beginning of year2018-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2018-12-31$-1,731,098
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
Assets. Invements in employer securities at end of year2018-12-31$0
Assets. Invements in employer securities at beginning of year2018-12-31$0
Contributions received in cash from employer2018-12-31$200,000
Employer contributions (assets) at end of year2018-12-31$200,000
Employer contributions (assets) at beginning of year2018-12-31$200,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$455,320
Assets. Corporate common stocks other than exployer securities at end of year2018-12-31$0
Assets. Corporate common stocks other than exployer securities at beginning of year2018-12-31$0
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 name2018-12-31GROSSBERG COMPANY, LLP
Accountancy firm EIN2018-12-31520807134
2017 : BURCH OIL COMPANY, INC. PROFIT SHARING PLAN 2017 401k financial data
Total unrealized appreciation/depreciation of assets2017-12-31$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$2,383,693
Total loss/gain on sale of assets2017-12-31$0
Total of all expenses incurred2017-12-31$3,927,357
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$3,884,105
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$416,161
Value of total assets at end of year2017-12-31$11,608,452
Value of total assets at beginning of year2017-12-31$13,152,116
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$43,252
Total interest from all sources2017-12-31$277
Total dividends received (eg from common stock, registered investment company shares)2017-12-31$663,727
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$663,727
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$216,161
Participant contributions at end of year2017-12-31$3,936
Participant contributions at beginning of year2017-12-31$3,718
Participant contributions at end of year2017-12-31$0
Participant contributions at beginning of year2017-12-31$6,606
Assets. Other investments not covered elsewhere at end of year2017-12-31$0
Assets. Other investments not covered elsewhere at beginning of year2017-12-31$23,100
Total non interest bearing cash at end of year2017-12-31$0
Total non interest bearing cash at beginning of year2017-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Value of net income/loss2017-12-31$-1,543,664
Value of net assets at end of year (total assets less liabilities)2017-12-31$11,608,452
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$13,152,116
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
Investment advisory and management fees2017-12-31$43,252
Value of interest in registered invesment companies (eg mutual funds) at end of year2017-12-31$11,388,332
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2017-12-31$12,912,654
Interest on participant loans2017-12-31$214
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2017-12-31$16,184
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2017-12-31$6,038
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2017-12-31$6,038
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2017-12-31$63
Asset value of US Government securities at end of year2017-12-31$0
Asset value of US Government securities at beginning of year2017-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2017-12-31$1,303,528
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
Assets. Invements in employer securities at end of year2017-12-31$0
Assets. Invements in employer securities at beginning of year2017-12-31$0
Contributions received in cash from employer2017-12-31$200,000
Employer contributions (assets) at end of year2017-12-31$200,000
Employer contributions (assets) at beginning of year2017-12-31$200,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$3,884,105
Assets. Corporate common stocks other than exployer securities at end of year2017-12-31$0
Assets. Corporate common stocks other than exployer securities at beginning of year2017-12-31$0
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 name2017-12-31GROSSBERG COMPANY, LLP
Accountancy firm EIN2017-12-31520807134
2016 : BURCH OIL COMPANY, INC. PROFIT SHARING PLAN 2016 401k financial data
Total unrealized appreciation/depreciation of assets2016-12-31$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$1,374,802
Total loss/gain on sale of assets2016-12-31$0
Total of all expenses incurred2016-12-31$1,258,120
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$1,141,970
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$486,218
Value of total assets at end of year2016-12-31$13,152,116
Value of total assets at beginning of year2016-12-31$13,035,434
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$116,150
Total interest from all sources2016-12-31$21,676
Total dividends received (eg from common stock, registered investment company shares)2016-12-31$210,173
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-12-31No
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$149,484
Participant contributions at end of year2016-12-31$3,718
Participant contributions at beginning of year2016-12-31$7,928
Participant contributions at end of year2016-12-31$6,606
Participant contributions at beginning of year2016-12-31$0
Assets. Other investments not covered elsewhere at end of year2016-12-31$23,100
Assets. Other investments not covered elsewhere at beginning of year2016-12-31$22,075
Income. Received or receivable in cash from other sources (including rollovers)2016-12-31$131,585
Total non interest bearing cash at end of year2016-12-31$0
Total non interest bearing cash at beginning of year2016-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Value of net income/loss2016-12-31$116,682
Value of net assets at end of year (total assets less liabilities)2016-12-31$13,152,116
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$13,035,434
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
Investment advisory and management fees2016-12-31$116,150
Value of interest in registered invesment companies (eg mutual funds) at end of year2016-12-31$12,912,654
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2016-12-31$0
Interest on participant loans2016-12-31$370
Income. Interest from US Government securities2016-12-31$21,294
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2016-12-31$6,038
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2016-12-31$373,614
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2016-12-31$373,614
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2016-12-31$12
Asset value of US Government securities at end of year2016-12-31$0
Asset value of US Government securities at beginning of year2016-12-31$1,170,411
Net investment gain/loss from registered investment companies (e.g. mutual funds)2016-12-31$656,735
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
Assets. Invements in employer securities at end of year2016-12-31$0
Assets. Invements in employer securities at beginning of year2016-12-31$0
Contributions received in cash from employer2016-12-31$205,149
Employer contributions (assets) at end of year2016-12-31$200,000
Employer contributions (assets) at beginning of year2016-12-31$300,000
Income. Dividends from common stock2016-12-31$210,173
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$1,141,970
Assets. Corporate common stocks other than exployer securities at end of year2016-12-31$0
Assets. Corporate common stocks other than exployer securities at beginning of year2016-12-31$11,161,406
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)2016-12-31No
Opinion of an independent qualified public accountant for this plan2016-12-31Unqualified
Accountancy firm name2016-12-31GROSSBERG COMPANY, LLP
Accountancy firm EIN2016-12-31520807134
2015 : BURCH OIL COMPANY, INC. PROFIT SHARING PLAN 2015 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2015-12-31$472,512
Total unrealized appreciation/depreciation of assets2015-12-31$472,512
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$0
Total income from all sources (including contributions)2015-12-31$779,714
Total loss/gain on sale of assets2015-12-31$-211,612
Total of all expenses incurred2015-12-31$666,836
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-12-31$561,332
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-12-31$300,000
Value of total assets at end of year2015-12-31$13,035,434
Value of total assets at beginning of year2015-12-31$12,922,556
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-12-31$105,504
Total interest from all sources2015-12-31$27,230
Total dividends received (eg from common stock, registered investment company shares)2015-12-31$191,584
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2015-12-31No
Administrative expenses professional fees incurred2015-12-31$105,504
Was this plan covered by a fidelity bond2015-12-31Yes
Value of fidelity bond cover2015-12-31$500,000
If this is an individual account plan, was there a blackout period2015-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-12-31$0
Were there any nonexempt tranactions with any party-in-interest2015-12-31No
Participant contributions at end of year2015-12-31$7,928
Participant contributions at beginning of year2015-12-31$6,756
Assets. Other investments not covered elsewhere at end of year2015-12-31$22,075
Assets. Other investments not covered elsewhere at beginning of year2015-12-31$21,129
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Value of net income/loss2015-12-31$112,878
Value of net assets at end of year (total assets less liabilities)2015-12-31$13,035,434
Value of net assets at beginning of year (total assets less liabilities)2015-12-31$12,922,556
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2015-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2015-12-31No
Were any leases to which the plan was party in default or uncollectible2015-12-31No
Interest on participant loans2015-12-31$502
Income. Interest from US Government securities2015-12-31$26,728
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2015-12-31$373,614
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2015-12-31$109,729
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2015-12-31$109,729
Asset value of US Government securities at end of year2015-12-31$1,170,411
Asset value of US Government securities at beginning of year2015-12-31$1,195,226
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2015-12-31Yes
Was there a failure to transmit to the plan any participant contributions2015-12-31No
Has the plan failed to provide any benefit when due under the plan2015-12-31No
Contributions received in cash from employer2015-12-31$300,000
Employer contributions (assets) at end of year2015-12-31$300,000
Employer contributions (assets) at beginning of year2015-12-31$150,000
Income. Dividends from common stock2015-12-31$191,584
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-12-31$561,332
Assets. Corporate common stocks other than exployer securities at end of year2015-12-31$11,161,406
Assets. Corporate common stocks other than exployer securities at beginning of year2015-12-31$11,439,716
Did the plan have assets held for investment2015-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2015-12-31No
Aggregate proceeds on sale of assets2015-12-31$1,031,371
Aggregate carrying amount (costs) on sale of assets2015-12-31$1,242,983
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2015-12-31No
Opinion of an independent qualified public accountant for this plan2015-12-31Unqualified
Accountancy firm name2015-12-31GROSSBERG COMPANY, LLP
Accountancy firm EIN2015-12-31520807134
2014 : BURCH OIL COMPANY, INC. PROFIT SHARING PLAN 2014 401k financial data
Unrealized appreciation/depreciation of real estate assets2014-12-31$0
Unrealized appreciation/depreciation of other (non real estate) assets2014-12-31$429,026
Total unrealized appreciation/depreciation of assets2014-12-31$429,026
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$198
Total income from all sources (including contributions)2014-12-31$1,329,873
Total loss/gain on sale of assets2014-12-31$355,290
Total of all expenses incurred2014-12-31$657,007
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-12-31$553,159
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-12-31$150,000
Value of total assets at end of year2014-12-31$12,922,556
Value of total assets at beginning of year2014-12-31$12,249,888
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-12-31$103,848
Total interest from all sources2014-12-31$23,096
Total dividends received (eg from common stock, registered investment company shares)2014-12-31$372,461
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2014-12-31No
Administrative expenses professional fees incurred2014-12-31$102,304
Was this plan covered by a fidelity bond2014-12-31Yes
Value of fidelity bond cover2014-12-31$500,000
If this is an individual account plan, was there a blackout period2014-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-12-31$0
Were there any nonexempt tranactions with any party-in-interest2014-12-31No
Participant contributions at end of year2014-12-31$6,756
Participant contributions at beginning of year2014-12-31$10,605
Assets. Other investments not covered elsewhere at end of year2014-12-31$21,129
Assets. Other investments not covered elsewhere at beginning of year2014-12-31$19,998
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2014-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2014-12-31$198
Other income not declared elsewhere2014-12-31$0
Administrative expenses (other) incurred2014-12-31$1,544
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Value of net income/loss2014-12-31$672,866
Value of net assets at end of year (total assets less liabilities)2014-12-31$12,922,556
Value of net assets at beginning of year (total assets less liabilities)2014-12-31$12,249,690
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2014-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2014-12-31No
Were any leases to which the plan was party in default or uncollectible2014-12-31No
Interest on participant loans2014-12-31$478
Income. Interest from US Government securities2014-12-31$22,618
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2014-12-31$109,729
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2014-12-31$64,707
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2014-12-31$64,707
Asset value of US Government securities at end of year2014-12-31$1,195,226
Asset value of US Government securities at beginning of year2014-12-31$1,234,662
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2014-12-31Yes
Was there a failure to transmit to the plan any participant contributions2014-12-31No
Has the plan failed to provide any benefit when due under the plan2014-12-31No
Contributions received in cash from employer2014-12-31$150,000
Employer contributions (assets) at end of year2014-12-31$150,000
Employer contributions (assets) at beginning of year2014-12-31$150,000
Income. Dividends from common stock2014-12-31$372,461
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-12-31$553,159
Assets. Corporate common stocks other than exployer securities at end of year2014-12-31$11,439,716
Assets. Corporate common stocks other than exployer securities at beginning of year2014-12-31$10,769,916
Did the plan have assets held for investment2014-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2014-12-31No
Aggregate proceeds on sale of assets2014-12-31$3,026,220
Aggregate carrying amount (costs) on sale of assets2014-12-31$2,670,930
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2014-12-31No
Opinion of an independent qualified public accountant for this plan2014-12-31Unqualified
Accountancy firm name2014-12-31GROSSBERG COMPANY, LLP
Accountancy firm EIN2014-12-31520807134
2013 : BURCH OIL COMPANY, INC. PROFIT SHARING PLAN 2013 401k financial data
Unrealized appreciation/depreciation of real estate assets2013-12-31$1,526,819
Total unrealized appreciation/depreciation of assets2013-12-31$1,526,819
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$198
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$0
Total income from all sources (including contributions)2013-12-31$2,798,273
Total loss/gain on sale of assets2013-12-31$884,565
Total of all expenses incurred2013-12-31$708,532
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-12-31$614,442
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-12-31$150,000
Value of total assets at end of year2013-12-31$12,249,888
Value of total assets at beginning of year2013-12-31$10,159,949
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-12-31$94,090
Total interest from all sources2013-12-31$30,312
Total dividends received (eg from common stock, registered investment company shares)2013-12-31$206,577
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2013-12-31No
Assets. Real estate other than employer real property at beginning of year2013-12-31$0
Administrative expenses professional fees incurred2013-12-31$94,090
Assets. Corporate prefeered stocks other than exployer securities at beginning of year2013-12-31$0
Was this plan covered by a fidelity bond2013-12-31Yes
Value of fidelity bond cover2013-12-31$500,000
If this is an individual account plan, was there a blackout period2013-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-12-31$0
Were there any nonexempt tranactions with any party-in-interest2013-12-31No
Participant contributions at end of year2013-12-31$10,605
Participant contributions at beginning of year2013-12-31$14,377
Participant contributions at beginning of year2013-12-31$0
Assets. Other investments not covered elsewhere at end of year2013-12-31$19,998
Assets. Other investments not covered elsewhere at beginning of year2013-12-31$17,243
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2013-12-31$0
Assets. Loans (other than to participants) at beginning of year2013-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2013-12-31$198
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2013-12-31$0
Liabilities. Value of operating payables at beginning of year2013-12-31$0
Total non interest bearing cash at beginning of year2013-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Value of net income/loss2013-12-31$2,089,741
Value of net assets at end of year (total assets less liabilities)2013-12-31$12,249,690
Value of net assets at beginning of year (total assets less liabilities)2013-12-31$10,159,949
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2013-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2013-12-31No
Were any leases to which the plan was party in default or uncollectible2013-12-31No
Assets. partnership/joint venture interests at beginning of year2013-12-31$0
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2013-12-31$0
Value of interest in pooled separate accounts at beginning of year2013-12-31$0
Interest on participant loans2013-12-31$638
Income. Interest from US Government securities2013-12-31$29,674
Value of interest in master investment trust accounts at beginning of year2013-12-31$0
Value of interest in common/collective trusts at beginning of year2013-12-31$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2013-12-31$64,707
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2013-12-31$148,414
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2013-12-31$148,414
Assets. Value of investments in 103.12 investment entities at beginning of year2013-12-31$0
Asset value of US Government securities at end of year2013-12-31$1,234,662
Asset value of US Government securities at beginning of year2013-12-31$1,758,111
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2013-12-31Yes
Was there a failure to transmit to the plan any participant contributions2013-12-31No
Has the plan failed to provide any benefit when due under the plan2013-12-31No
Assets. Invements in employer securities at beginning of year2013-12-31$0
Assets. Value of employer real property at beginning of year2013-12-31$0
Contributions received in cash from employer2013-12-31$150,000
Employer contributions (assets) at end of year2013-12-31$150,000
Employer contributions (assets) at beginning of year2013-12-31$150,000
Income. Dividends from common stock2013-12-31$206,577
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-12-31$614,442
Asset. Corporate debt instrument preferred debt at beginning of year2013-12-31$0
Asset. Corporate debt instrument debt (other) at beginning of year2013-12-31$0
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32013-12-31No
Assets. Corporate common stocks other than exployer securities at end of year2013-12-31$10,769,916
Assets. Corporate common stocks other than exployer securities at beginning of year2013-12-31$8,071,804
Liabilities. Value of benefit claims payable at beginning of year2013-12-31$0
Assets. Value of buildings and other operty used in plan operation at beginning of year2013-12-31$0
Did the plan have assets held for investment2013-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2013-12-31No
Aggregate proceeds on sale of assets2013-12-31$3,840,399
Aggregate carrying amount (costs) on sale of assets2013-12-31$2,955,834
Liabilities. Value of acquisition indebtedness at beginning of year2013-12-31$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2013-12-31No
Opinion of an independent qualified public accountant for this plan2013-12-31Unqualified
Accountancy firm name2013-12-31GROSSBERG COMPANY LLP
Accountancy firm EIN2013-12-31520807134
2012 : BURCH OIL COMPANY, INC. PROFIT SHARING PLAN 2012 401k financial data
Unrealized appreciation/depreciation of real estate assets2012-12-31$216,436
Unrealized appreciation/depreciation of other (non real estate) assets2012-12-31$0
Total unrealized appreciation/depreciation of assets2012-12-31$216,436
Total transfer of assets to this plan2012-12-31$0
Total transfer of assets from this plan2012-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$0
Expenses. Interest paid2012-12-31$0
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022012-12-31$0
Total income from all sources (including contributions)2012-12-31$1,116,159
Total loss/gain on sale of assets2012-12-31$524,676
Total of all expenses incurred2012-12-31$679,559
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$586,232
Expenses. Certain deemed distributions of participant loans2012-12-31$0
Value of total corrective distributions2012-12-31$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-31$150,000
Value of total assets at end of year2012-12-31$10,159,949
Value of total assets at beginning of year2012-12-31$9,723,349
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$93,327
Total income from rents2012-12-31$0
Total interest from all sources2012-12-31$44,300
Total dividends received (eg from common stock, registered investment company shares)2012-12-31$180,745
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2012-12-31$0
Assets. Real estate other than employer real property at end of year2012-12-31$0
Assets. Real estate other than employer real property at beginning of year2012-12-31$0
Administrative expenses professional fees incurred2012-12-31$93,327
Assets. Corporate prefeered stocks other than exployer securities at end of year2012-12-31$0
Assets. Corporate prefeered stocks other than exployer securities at beginning of year2012-12-31$0
Was this plan covered by a fidelity bond2012-12-31Yes
Value of fidelity bond cover2012-12-31$500,000
If this is an individual account plan, was there a blackout period2012-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
Were there any nonexempt tranactions with any party-in-interest2012-12-31No
Participant contributions at end of year2012-12-31$14,377
Participant contributions at beginning of year2012-12-31$1,491
Participant contributions at end of year2012-12-31$0
Participant contributions at beginning of year2012-12-31$0
Assets. Other investments not covered elsewhere at end of year2012-12-31$17,243
Assets. Other investments not covered elsewhere at beginning of year2012-12-31$18,187
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2012-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2012-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2012-12-31$0
Assets. Loans (other than to participants) at end of year2012-12-31$0
Assets. Loans (other than to participants) at beginning of year2012-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2012-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2012-12-31$0
Other income not declared elsewhere2012-12-31$2
Administrative expenses (other) incurred2012-12-31$0
Liabilities. Value of operating payables at end of year2012-12-31$0
Liabilities. Value of operating payables at beginning of year2012-12-31$0
Total non interest bearing cash at end of year2012-12-31$0
Total non interest bearing cash at beginning of year2012-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Income. Non cash contributions2012-12-31$0
Value of net income/loss2012-12-31$436,600
Value of net assets at end of year (total assets less liabilities)2012-12-31$10,159,949
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$9,723,349
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2012-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2012-12-31No
Were any leases to which the plan was party in default or uncollectible2012-12-31No
Assets. partnership/joint venture interests at end of year2012-12-31$0
Assets. partnership/joint venture interests at beginning of year2012-12-31$0
Investment advisory and management fees2012-12-31$0
Value of interest in registered invesment companies (eg mutual funds) at end of year2012-12-31$0
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2012-12-31$0
Value of interest in pooled separate accounts at end of year2012-12-31$0
Value of interest in pooled separate accounts at beginning of year2012-12-31$0
Interest on participant loans2012-12-31$238
Income. Interest from loans (other than to participants)2012-12-31$0
Interest earned on other investments2012-12-31$0
Income. Interest from US Government securities2012-12-31$43,979
Income. Interest from corporate debt instruments2012-12-31$0
Value of interest in master investment trust accounts at end of year2012-12-31$0
Value of interest in master investment trust accounts at beginning of year2012-12-31$0
Value of interest in common/collective trusts at end of year2012-12-31$0
Value of interest in common/collective trusts at beginning of year2012-12-31$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2012-12-31$148,414
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2012-12-31$144,055
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2012-12-31$144,055
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2012-12-31$83
Assets. Value of investments in 103.12 investment entities at end of year2012-12-31$0
Assets. Value of investments in 103.12 investment entities at beginning of year2012-12-31$0
Expenses. Payments to insurance carriers foe the provision of benefits2012-12-31$0
Asset value of US Government securities at end of year2012-12-31$1,758,111
Asset value of US Government securities at beginning of year2012-12-31$1,978,173
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-12-31Yes
Was there a failure to transmit to the plan any participant contributions2012-12-31No
Has the plan failed to provide any benefit when due under the plan2012-12-31No
Assets. Invements in employer securities at end of year2012-12-31$0
Assets. Invements in employer securities at beginning of year2012-12-31$0
Assets. Value of employer real property at end of year2012-12-31$0
Assets. Value of employer real property at beginning of year2012-12-31$0
Contributions received in cash from employer2012-12-31$150,000
Employer contributions (assets) at end of year2012-12-31$150,000
Employer contributions (assets) at beginning of year2012-12-31$150,000
Income. Dividends from preferred stock2012-12-31$0
Income. Dividends from common stock2012-12-31$180,745
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$586,232
Asset. Corporate debt instrument preferred debt at end of year2012-12-31$0
Asset. Corporate debt instrument preferred debt at beginning of year2012-12-31$0
Asset. Corporate debt instrument debt (other) at end of year2012-12-31$0
Asset. Corporate debt instrument debt (other) at beginning of year2012-12-31$0
Contract administrator fees2012-12-31$0
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32012-12-31No
Assets. Corporate common stocks other than exployer securities at end of year2012-12-31$8,071,804
Assets. Corporate common stocks other than exployer securities at beginning of year2012-12-31$7,431,443
Liabilities. Value of benefit claims payable at end of year2012-12-31$0
Liabilities. Value of benefit claims payable at beginning of year2012-12-31$0
Assets. Value of buildings and other operty used in plan operation at end of year2012-12-31$0
Assets. Value of buildings and other operty used in plan operation at beginning of year2012-12-31$0
Did the plan have assets held for investment2012-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2012-12-31No
Aggregate proceeds on sale of assets2012-12-31$3,102,355
Aggregate carrying amount (costs) on sale of assets2012-12-31$2,577,679
Liabilities. Value of acquisition indebtedness at end of year2012-12-31$0
Liabilities. Value of acquisition indebtedness at beginning of year2012-12-31$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-12-31No
Opinion of an independent qualified public accountant for this plan2012-12-31Unqualified
Accountancy firm name2012-12-31GROSSBERG COMPANY, LLP
Accountancy firm EIN2012-12-31520807134
2011 : BURCH OIL COMPANY, INC. PROFIT SHARING PLAN 2011 401k financial data
Unrealized appreciation/depreciation of real estate assets2011-12-31$-370,888
Unrealized appreciation/depreciation of other (non real estate) assets2011-12-31$0
Total unrealized appreciation/depreciation of assets2011-12-31$-370,888
Total transfer of assets to this plan2011-12-31$0
Total transfer of assets from this plan2011-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$0
Expenses. Interest paid2011-12-31$0
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022011-12-31$0
Total income from all sources (including contributions)2011-12-31$17,916
Total loss/gain on sale of assets2011-12-31$35,376
Total of all expenses incurred2011-12-31$386,106
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$296,053
Expenses. Certain deemed distributions of participant loans2011-12-31$0
Value of total corrective distributions2011-12-31$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$150,000
Value of total assets at end of year2011-12-31$9,723,349
Value of total assets at beginning of year2011-12-31$10,091,539
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$90,053
Total income from rents2011-12-31$0
Total interest from all sources2011-12-31$44,997
Total dividends received (eg from common stock, registered investment company shares)2011-12-31$158,431
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2011-12-31$0
Assets. Real estate other than employer real property at end of year2011-12-31$0
Assets. Real estate other than employer real property at beginning of year2011-12-31$0
Administrative expenses professional fees incurred2011-12-31$90,053
Assets. Corporate prefeered stocks other than exployer securities at end of year2011-12-31$0
Assets. Corporate prefeered stocks other than exployer securities at beginning of year2011-12-31$0
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$500,000
If this is an individual account plan, was there a blackout period2011-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
Were there any nonexempt tranactions with any party-in-interest2011-12-31No
Contributions received from participants2011-12-31$0
Participant contributions at end of year2011-12-31$1,491
Participant contributions at beginning of year2011-12-31$6,239
Participant contributions at end of year2011-12-31$0
Participant contributions at beginning of year2011-12-31$0
Assets. Other investments not covered elsewhere at end of year2011-12-31$18,187
Assets. Other investments not covered elsewhere at beginning of year2011-12-31$17,200
Income. Received or receivable in cash from other sources (including rollovers)2011-12-31$0
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2011-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2011-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2011-12-31$0
Assets. Loans (other than to participants) at end of year2011-12-31$0
Assets. Loans (other than to participants) at beginning of year2011-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2011-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2011-12-31$0
Other income not declared elsewhere2011-12-31$0
Administrative expenses (other) incurred2011-12-31$0
Liabilities. Value of operating payables at end of year2011-12-31$0
Liabilities. Value of operating payables at beginning of year2011-12-31$0
Total non interest bearing cash at end of year2011-12-31$0
Total non interest bearing cash at beginning of year2011-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Income. Non cash contributions2011-12-31$0
Value of net income/loss2011-12-31$-368,190
Value of net assets at end of year (total assets less liabilities)2011-12-31$9,723,349
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$10,091,539
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2011-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2011-12-31No
Were any leases to which the plan was party in default or uncollectible2011-12-31No
Assets. partnership/joint venture interests at end of year2011-12-31$0
Assets. partnership/joint venture interests at beginning of year2011-12-31$0
Investment advisory and management fees2011-12-31$0
Value of interest in registered invesment companies (eg mutual funds) at end of year2011-12-31$0
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2011-12-31$0
Value of interest in pooled separate accounts at end of year2011-12-31$0
Value of interest in pooled separate accounts at beginning of year2011-12-31$0
Interest on participant loans2011-12-31$207
Income. Interest from loans (other than to participants)2011-12-31$0
Interest earned on other investments2011-12-31$0
Income. Interest from US Government securities2011-12-31$44,663
Income. Interest from corporate debt instruments2011-12-31$0
Value of interest in master investment trust accounts at end of year2011-12-31$0
Value of interest in master investment trust accounts at beginning of year2011-12-31$0
Value of interest in common/collective trusts at end of year2011-12-31$0
Value of interest in common/collective trusts at beginning of year2011-12-31$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2011-12-31$144,055
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2011-12-31$384,919
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2011-12-31$384,919
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2011-12-31$127
Assets. Value of investments in 103.12 investment entities at end of year2011-12-31$0
Assets. Value of investments in 103.12 investment entities at beginning of year2011-12-31$0
Expenses. Payments to insurance carriers foe the provision of benefits2011-12-31$0
Asset value of US Government securities at end of year2011-12-31$1,978,173
Asset value of US Government securities at beginning of year2011-12-31$1,727,392
Net investment gain/loss from registered investment companies (e.g. mutual funds)2011-12-31$0
Net investment gain/loss from pooled separate accounts2011-12-31$0
Net investment gain or loss from common/collective trusts2011-12-31$0
Net gain/loss from 103.12 investment entities2011-12-31$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-12-31Yes
Was there a failure to transmit to the plan any participant contributions2011-12-31No
Has the plan failed to provide any benefit when due under the plan2011-12-31No
Assets. Invements in employer securities at end of year2011-12-31$0
Assets. Invements in employer securities at beginning of year2011-12-31$0
Assets. Value of employer real property at end of year2011-12-31$0
Assets. Value of employer real property at beginning of year2011-12-31$0
Contributions received in cash from employer2011-12-31$150,000
Employer contributions (assets) at end of year2011-12-31$150,000
Employer contributions (assets) at beginning of year2011-12-31$150,000
Income. Dividends from preferred stock2011-12-31$0
Income. Dividends from common stock2011-12-31$158,431
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$296,053
Asset. Corporate debt instrument preferred debt at end of year2011-12-31$0
Asset. Corporate debt instrument preferred debt at beginning of year2011-12-31$0
Asset. Corporate debt instrument debt (other) at end of year2011-12-31$0
Asset. Corporate debt instrument debt (other) at beginning of year2011-12-31$0
Contract administrator fees2011-12-31$0
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32011-12-31No
Assets. Corporate common stocks other than exployer securities at end of year2011-12-31$7,431,443
Assets. Corporate common stocks other than exployer securities at beginning of year2011-12-31$7,805,789
Liabilities. Value of benefit claims payable at end of year2011-12-31$0
Liabilities. Value of benefit claims payable at beginning of year2011-12-31$0
Assets. Value of buildings and other operty used in plan operation at end of year2011-12-31$0
Assets. Value of buildings and other operty used in plan operation at beginning of year2011-12-31$0
Did the plan have assets held for investment2011-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2011-12-31No
Aggregate proceeds on sale of assets2011-12-31$3,004,592
Aggregate carrying amount (costs) on sale of assets2011-12-31$2,969,216
Liabilities. Value of acquisition indebtedness at end of year2011-12-31$0
Liabilities. Value of acquisition indebtedness at beginning of year2011-12-31$0
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-12-31No
Opinion of an independent qualified public accountant for this plan2011-12-31Unqualified
Accountancy firm name2011-12-31GROSSBERG COMPANY, LLP
Accountancy firm EIN2011-12-31520807134
2010 : BURCH OIL COMPANY, INC. PROFIT SHARING PLAN 2010 401k financial data
Unrealized appreciation/depreciation of real estate assets2010-12-31$577,864
Total unrealized appreciation/depreciation of assets2010-12-31$577,864
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$0
Total income from all sources (including contributions)2010-12-31$1,042,709
Total loss/gain on sale of assets2010-12-31$135,041
Total of all expenses incurred2010-12-31$547,711
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$459,335
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-12-31$150,000
Value of total assets at end of year2010-12-31$10,091,539
Value of total assets at beginning of year2010-12-31$9,596,541
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$88,376
Total interest from all sources2010-12-31$44,266
Total dividends received (eg from common stock, registered investment company shares)2010-12-31$135,538
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2010-12-31No
Administrative expenses professional fees incurred2010-12-31$88,376
Was this plan covered by a fidelity bond2010-12-31Yes
Value of fidelity bond cover2010-12-31$500,000
If this is an individual account plan, was there a blackout period2010-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
Were there any nonexempt tranactions with any party-in-interest2010-12-31No
Participant contributions at end of year2010-12-31$6,239
Participant contributions at beginning of year2010-12-31$11,606
Assets. Other investments not covered elsewhere at end of year2010-12-31$17,200
Assets. Other investments not covered elsewhere at beginning of year2010-12-31$19,461
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Value of net income/loss2010-12-31$494,998
Value of net assets at end of year (total assets less liabilities)2010-12-31$10,091,539
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$9,596,541
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2010-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2010-12-31No
Were any leases to which the plan was party in default or uncollectible2010-12-31No
Interest on participant loans2010-12-31$561
Income. Interest from US Government securities2010-12-31$43,651
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2010-12-31$384,919
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2010-12-31$64,645
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2010-12-31$64,645
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2010-12-31$54
Asset value of US Government securities at end of year2010-12-31$1,727,392
Asset value of US Government securities at beginning of year2010-12-31$1,685,872
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2010-12-31Yes
Was there a failure to transmit to the plan any participant contributions2010-12-31No
Has the plan failed to provide any benefit when due under the plan2010-12-31No
Contributions received in cash from employer2010-12-31$150,000
Employer contributions (assets) at end of year2010-12-31$150,000
Employer contributions (assets) at beginning of year2010-12-31$150,000
Income. Dividends from preferred stock2010-12-31$135,538
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$459,335
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32010-12-31No
Assets. Corporate common stocks other than exployer securities at end of year2010-12-31$7,805,789
Assets. Corporate common stocks other than exployer securities at beginning of year2010-12-31$7,664,957
Liabilities. Value of benefit claims payable at beginning of year2010-12-31$0
Did the plan have assets held for investment2010-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2010-12-31No
Aggregate proceeds on sale of assets2010-12-31$1,305,198
Aggregate carrying amount (costs) on sale of assets2010-12-31$1,170,157
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2010-12-31No
Opinion of an independent qualified public accountant for this plan2010-12-31Unqualified
Accountancy firm name2010-12-31GROSSBERG COMPANY, LLP
Accountancy firm EIN2010-12-31520807134
2009 : BURCH OIL COMPANY, INC. PROFIT SHARING PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2009-12-31$0

Form 5500 Responses for BURCH OIL COMPANY, INC. PROFIT SHARING PLAN

2022: BURCH OIL COMPANY, INC. PROFIT SHARING PLAN 2022 form 5500 responses
2022-01-01Type of plan entityMulitple employer plan
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: BURCH OIL COMPANY, INC. PROFIT SHARING PLAN 2021 form 5500 responses
2021-01-01Type of plan entityMulitple employer plan
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: BURCH OIL COMPANY, INC. PROFIT SHARING PLAN 2020 form 5500 responses
2020-01-01Type of plan entityMulitple 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: BURCH OIL COMPANY, INC. PROFIT SHARING PLAN 2019 form 5500 responses
2019-01-01Type of plan entityMulitple 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: BURCH OIL COMPANY, INC. PROFIT SHARING PLAN 2018 form 5500 responses
2018-01-01Type of plan entityMulitple 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: BURCH OIL COMPANY, INC. PROFIT SHARING PLAN 2017 form 5500 responses
2017-01-01Type of plan entityMulitple 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: BURCH OIL COMPANY, INC. PROFIT SHARING 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
2015: BURCH OIL COMPANY, INC. PROFIT SHARING PLAN 2015 form 5500 responses
2015-01-01Type of plan entityMulitple 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 – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: BURCH OIL COMPANY, INC. PROFIT SHARING PLAN 2014 form 5500 responses
2014-01-01Type of plan entityMulitple 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 – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: BURCH OIL COMPANY, INC. PROFIT SHARING PLAN 2013 form 5500 responses
2013-01-01Type of plan entityMulitple 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 – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: BURCH OIL COMPANY, INC. PROFIT SHARING PLAN 2012 form 5500 responses
2012-01-01Type of plan entityMulitple 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 – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: BURCH OIL COMPANY, INC. PROFIT SHARING PLAN 2011 form 5500 responses
2011-01-01Type of plan entityMulitple 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
2010: BURCH OIL COMPANY, INC. PROFIT SHARING PLAN 2010 form 5500 responses
2010-01-01Type of plan entityMulitple employer plan
2010-01-01Submission has been amendedNo
2010-01-01This submission is the final filingNo
2010-01-01This return/report is a short plan year return/report (less than 12 months)No
2010-01-01Plan is a collectively bargained planNo
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement - TrustYes
2009: BURCH OIL COMPANY, INC. PROFIT SHARING PLAN 2009 form 5500 responses
2009-01-01Type of plan entityMulitple employer plan
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

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