LION OIL COMPANY has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan LION PROFIT SHARING AND 401K PLAN
| Measure | Date | Value |
|---|
| 2012 : LION PROFIT SHARING AND 401K PLAN 2012 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2012-10-22 | $0 |
| Total unrealized appreciation/depreciation of assets | 2012-10-22 | $0 |
| Total transfer of assets from this plan | 2012-10-22 | $54,449,872 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-10-22 | $1,668 |
| Total income from all sources (including contributions) | 2012-10-22 | $8,093,155 |
| Total loss/gain on sale of assets | 2012-10-22 | $-2,535 |
| Total of all expenses incurred | 2012-10-22 | $14,433,025 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2012-10-22 | $14,298,809 |
| Value of total corrective distributions | 2012-10-22 | $33,718 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2012-10-22 | $2,931,070 |
| Value of total assets at end of year | 2012-10-22 | $0 |
| Value of total assets at beginning of year | 2012-10-22 | $60,791,410 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2012-10-22 | $100,498 |
| Total interest from all sources | 2012-10-22 | $34,598 |
| Total dividends received (eg from common stock, registered investment company shares) | 2012-10-22 | $360,285 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2012-10-22 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2012-10-22 | $360,285 |
| Was this plan covered by a fidelity bond | 2012-10-22 | Yes |
| Value of fidelity bond cover | 2012-10-22 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2012-10-22 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2012-10-22 | No |
| Contributions received from participants | 2012-10-22 | $1,760,986 |
| Participant contributions at end of year | 2012-10-22 | $0 |
| Participant contributions at beginning of year | 2012-10-22 | $819,820 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2012-10-22 | $1,668 |
| Other income not declared elsewhere | 2012-10-22 | $-581 |
| Administrative expenses (other) incurred | 2012-10-22 | $2,981 |
| Total non interest bearing cash at end of year | 2012-10-22 | $0 |
| Total non interest bearing cash at beginning of year | 2012-10-22 | $3,104 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2012-10-22 | No |
| Value of net income/loss | 2012-10-22 | $-6,339,870 |
| Value of net assets at end of year (total assets less liabilities) | 2012-10-22 | $0 |
| Value of net assets at beginning of year (total assets less liabilities) | 2012-10-22 | $60,789,742 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2012-10-22 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2012-10-22 | No |
| Were any leases to which the plan was party in default or uncollectible | 2012-10-22 | No |
| Investment advisory and management fees | 2012-10-22 | $97,517 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2012-10-22 | $0 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2012-10-22 | $39,310,969 |
| Interest on participant loans | 2012-10-22 | $28,457 |
| Income. Interest from corporate debt instruments | 2012-10-22 | $6,125 |
| Value of interest in common/collective trusts at end of year | 2012-10-22 | $0 |
| Value of interest in common/collective trusts at beginning of year | 2012-10-22 | $20,376,665 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2012-10-22 | $0 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2012-10-22 | $67,872 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2012-10-22 | $67,872 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2012-10-22 | $16 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2012-10-22 | $3,892,307 |
| Net investment gain or loss from common/collective trusts | 2012-10-22 | $878,011 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2012-10-22 | No |
| Was there a failure to transmit to the plan any participant contributions | 2012-10-22 | No |
| Has the plan failed to provide any benefit when due under the plan | 2012-10-22 | No |
| Contributions received in cash from employer | 2012-10-22 | $1,170,084 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2012-10-22 | $14,298,809 |
| Asset. Corporate debt instrument debt (other) at end of year | 2012-10-22 | $0 |
| Asset. Corporate debt instrument debt (other) at beginning of year | 2012-10-22 | $212,980 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2012-10-22 | No |
| Did the plan have assets held for investment | 2012-10-22 | No |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2012-10-22 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2012-10-22 | No |
| Aggregate proceeds on sale of assets | 2012-10-22 | $210,445 |
| Aggregate carrying amount (costs) on sale of assets | 2012-10-22 | $212,980 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2012-10-22 | No |
| Opinion of an independent qualified public accountant for this plan | 2012-10-22 | Unqualified |
| Accountancy firm name | 2012-10-22 | HADDOX REID BURKES & CALHOUN, PLLC |
| Accountancy firm EIN | 2012-10-22 | 640414329 |
| 2011 : LION PROFIT SHARING AND 401K PLAN 2011 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2011-12-31 | $16,612 |
| Total unrealized appreciation/depreciation of assets | 2011-12-31 | $16,612 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $1,668 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $620 |
| Total income from all sources (including contributions) | 2011-12-31 | $1,332,287 |
| Total of all expenses incurred | 2011-12-31 | $6,544,790 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2011-12-31 | $6,391,959 |
| Value of total corrective distributions | 2011-12-31 | $24,086 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2011-12-31 | $2,133,074 |
| Value of total assets at end of year | 2011-12-31 | $60,791,410 |
| Value of total assets at beginning of year | 2011-12-31 | $66,002,865 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2011-12-31 | $128,745 |
| Total interest from all sources | 2011-12-31 | $48,997 |
| Total dividends received (eg from common stock, registered investment company shares) | 2011-12-31 | $630,383 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2011-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2011-12-31 | $630,383 |
| Was this plan covered by a fidelity bond | 2011-12-31 | Yes |
| Value of fidelity bond cover | 2011-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2011-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2011-12-31 | No |
| Contributions received from participants | 2011-12-31 | $1,800,957 |
| Participant contributions at end of year | 2011-12-31 | $819,820 |
| Participant contributions at beginning of year | 2011-12-31 | $886,856 |
| Participant contributions at beginning of year | 2011-12-31 | $794 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2011-12-31 | $78,656 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2011-12-31 | $1,668 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2011-12-31 | $620 |
| Other income not declared elsewhere | 2011-12-31 | $1,196 |
| Administrative expenses (other) incurred | 2011-12-31 | $3,473 |
| Total non interest bearing cash at end of year | 2011-12-31 | $3,104 |
| Total non interest bearing cash at beginning of year | 2011-12-31 | $112 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2011-12-31 | No |
| Value of net income/loss | 2011-12-31 | $-5,212,503 |
| Value of net assets at end of year (total assets less liabilities) | 2011-12-31 | $60,789,742 |
| Value of net assets at beginning of year (total assets less liabilities) | 2011-12-31 | $66,002,245 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2011-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2011-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2011-12-31 | No |
| Investment advisory and management fees | 2011-12-31 | $125,272 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2011-12-31 | $39,310,969 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2011-12-31 | $48,295,053 |
| Interest on participant loans | 2011-12-31 | $36,727 |
| Income. Interest from corporate debt instruments | 2011-12-31 | $12,250 |
| Value of interest in common/collective trusts at end of year | 2011-12-31 | $20,376,665 |
| Value of interest in common/collective trusts at beginning of year | 2011-12-31 | $14,638,246 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2011-12-31 | $67,872 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2011-12-31 | $161,691 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2011-12-31 | $161,691 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2011-12-31 | $20 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2011-12-31 | $-1,603,486 |
| Net investment gain or loss from common/collective trusts | 2011-12-31 | $105,511 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2011-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2011-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2011-12-31 | No |
| Contributions received in cash from employer | 2011-12-31 | $253,461 |
| Employer contributions (assets) at beginning of year | 2011-12-31 | $1,823,745 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2011-12-31 | $6,391,959 |
| Asset. Corporate debt instrument debt (other) at end of year | 2011-12-31 | $212,980 |
| Asset. Corporate debt instrument debt (other) at beginning of year | 2011-12-31 | $196,368 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2011-12-31 | No |
| Did the plan have assets held for investment | 2011-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2011-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2011-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2011-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2011-12-31 | Unqualified |
| Accountancy firm name | 2011-12-31 | HADDOX REID BURKES & CALHOUN, PLLC |
| Accountancy firm EIN | 2011-12-31 | 640414329 |
| 2010 : LION PROFIT SHARING AND 401K PLAN 2010 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2010-12-31 | $-2,220 |
| Total unrealized appreciation/depreciation of assets | 2010-12-31 | $-2,220 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $620 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $2,489 |
| Total income from all sources (including contributions) | 2010-12-31 | $10,713,794 |
| Total of all expenses incurred | 2010-12-31 | $2,811,777 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2010-12-31 | $2,645,965 |
| Value of total corrective distributions | 2010-12-31 | $52,726 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2010-12-31 | $3,840,820 |
| Value of total assets at end of year | 2010-12-31 | $66,002,865 |
| Value of total assets at beginning of year | 2010-12-31 | $58,102,717 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2010-12-31 | $113,086 |
| Total interest from all sources | 2010-12-31 | $53,303 |
| Total dividends received (eg from common stock, registered investment company shares) | 2010-12-31 | $611,153 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2010-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2010-12-31 | $611,153 |
| Was this plan covered by a fidelity bond | 2010-12-31 | Yes |
| Value of fidelity bond cover | 2010-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2010-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2010-12-31 | No |
| Contributions received from participants | 2010-12-31 | $1,799,490 |
| Participant contributions at end of year | 2010-12-31 | $886,856 |
| Participant contributions at beginning of year | 2010-12-31 | $699,984 |
| Participant contributions at end of year | 2010-12-31 | $794 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2010-12-31 | $89,655 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2010-12-31 | $620 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2010-12-31 | $2,489 |
| Other income not declared elsewhere | 2010-12-31 | $6,772 |
| Administrative expenses (other) incurred | 2010-12-31 | $4,166 |
| Total non interest bearing cash at end of year | 2010-12-31 | $112 |
| Total non interest bearing cash at beginning of year | 2010-12-31 | $112 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2010-12-31 | No |
| Value of net income/loss | 2010-12-31 | $7,902,017 |
| Value of net assets at end of year (total assets less liabilities) | 2010-12-31 | $66,002,245 |
| Value of net assets at beginning of year (total assets less liabilities) | 2010-12-31 | $58,100,228 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2010-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2010-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2010-12-31 | No |
| Investment advisory and management fees | 2010-12-31 | $108,920 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2010-12-31 | $48,295,053 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2010-12-31 | $46,134,005 |
| Interest on participant loans | 2010-12-31 | $41,031 |
| Income. Interest from corporate debt instruments | 2010-12-31 | $12,250 |
| Value of interest in common/collective trusts at end of year | 2010-12-31 | $14,638,246 |
| Value of interest in common/collective trusts at beginning of year | 2010-12-31 | $9,901,657 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2010-12-31 | $161,691 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2010-12-31 | $116,694 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2010-12-31 | $116,694 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2010-12-31 | $22 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2010-12-31 | $5,340,069 |
| Net investment gain or loss from common/collective trusts | 2010-12-31 | $863,897 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2010-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2010-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2010-12-31 | No |
| Contributions received in cash from employer | 2010-12-31 | $1,951,675 |
| Employer contributions (assets) at end of year | 2010-12-31 | $1,823,745 |
| Employer contributions (assets) at beginning of year | 2010-12-31 | $1,051,677 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2010-12-31 | $2,645,965 |
| Asset. Corporate debt instrument debt (other) at end of year | 2010-12-31 | $196,368 |
| Asset. Corporate debt instrument debt (other) at beginning of year | 2010-12-31 | $198,588 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2010-12-31 | No |
| Did the plan have assets held for investment | 2010-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2010-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2010-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2010-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2010-12-31 | Unqualified |
| Accountancy firm name | 2010-12-31 | HADDOX REID BURKES & CALHOUN, PLLC |
| Accountancy firm EIN | 2010-12-31 | 640414329 |
