PRO PETROLEUM, LLC has sponsored the creation of one or more 401k plans.
Measure | Date | Value |
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2021 : PRO PETROLEUM 401(K) PLAN 2021 401k financial data |
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Total unrealized appreciation/depreciation of assets | 2021-08-31 | $0 |
Total transfer of assets to this plan | 2021-08-31 | $0 |
Total transfer of assets from this plan | 2021-08-31 | $9,325,659 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-08-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-08-31 | $4,395 |
Total income from all sources (including contributions) | 2021-08-31 | $896,537 |
Total loss/gain on sale of assets | 2021-08-31 | $0 |
Total of all expenses incurred | 2021-08-31 | $159,968 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-08-31 | $129,902 |
Expenses. Certain deemed distributions of participant loans | 2021-08-31 | $612 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-08-31 | $939 |
Value of total assets at end of year | 2021-08-31 | $0 |
Value of total assets at beginning of year | 2021-08-31 | $8,593,485 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-08-31 | $29,454 |
Total interest from all sources | 2021-08-31 | $5,091 |
Total dividends received (eg from common stock, registered investment company shares) | 2021-08-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-08-31 | No |
Administrative expenses professional fees incurred | 2021-08-31 | $5,349 |
Was this plan covered by a fidelity bond | 2021-08-31 | No |
If this is an individual account plan, was there a blackout period | 2021-08-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2021-08-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2021-08-31 | No |
Participant contributions at end of year | 2021-08-31 | $0 |
Participant contributions at beginning of year | 2021-08-31 | $208,725 |
Income. Received or receivable in cash from other sources (including rollovers) | 2021-08-31 | $939 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2021-08-31 | $0 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2021-08-31 | $4,395 |
Other income not declared elsewhere | 2021-08-31 | $9,064 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-08-31 | No |
Value of net income/loss | 2021-08-31 | $736,569 |
Value of net assets at end of year (total assets less liabilities) | 2021-08-31 | $0 |
Value of net assets at beginning of year (total assets less liabilities) | 2021-08-31 | $8,589,090 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-08-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2021-08-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2021-08-31 | No |
Investment advisory and management fees | 2021-08-31 | $14,654 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-08-31 | $0 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-08-31 | $8,380,027 |
Interest on participant loans | 2021-08-31 | $5,091 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2021-08-31 | $0 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2021-08-31 | $4,733 |
Net gain/loss from 103.12 investment entities | 2021-08-31 | $881,443 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-08-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2021-08-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2021-08-31 | No |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-08-31 | $129,902 |
Contract administrator fees | 2021-08-31 | $9,451 |
Did the plan have assets held for investment | 2021-08-31 | 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 | 2021-08-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-08-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2021-08-31 | Disclaimer |
Accountancy firm name | 2021-08-31 | ROBINSON BURDETTE MARTIN & SERIGHT |
Accountancy firm EIN | 2021-08-31 | 752489868 |
Total unrealized appreciation/depreciation of assets | 2021-01-31 | $0 |
Total transfer of assets to this plan | 2021-01-31 | $7,253,440 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-01-31 | $4,395 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-01-31 | $0 |
Total income from all sources (including contributions) | 2021-01-31 | $2,357,801 |
Total loss/gain on sale of assets | 2021-01-31 | $0 |
Total of all expenses incurred | 2021-01-31 | $1,022,151 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-01-31 | $960,171 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-01-31 | $1,303,810 |
Value of total assets at end of year | 2021-01-31 | $8,593,485 |
Value of total assets at beginning of year | 2021-01-31 | $0 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-01-31 | $61,980 |
Total interest from all sources | 2021-01-31 | $11,729 |
Total dividends received (eg from common stock, registered investment company shares) | 2021-01-31 | $0 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-01-31 | No |
Administrative expenses professional fees incurred | 2021-01-31 | $11,528 |
Was this plan covered by a fidelity bond | 2021-01-31 | No |
If this is an individual account plan, was there a blackout period | 2021-01-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2021-01-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2021-01-31 | No |
Contributions received from participants | 2021-01-31 | $574,631 |
Participant contributions at end of year | 2021-01-31 | $208,725 |
Participant contributions at beginning of year | 2021-01-31 | $0 |
Income. Received or receivable in cash from other sources (including rollovers) | 2021-01-31 | $525,668 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2021-01-31 | $4,395 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2021-01-31 | $0 |
Other income not declared elsewhere | 2021-01-31 | $1,932 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-01-31 | No |
Value of net income/loss | 2021-01-31 | $1,335,650 |
Value of net assets at end of year (total assets less liabilities) | 2021-01-31 | $8,589,090 |
Value of net assets at beginning of year (total assets less liabilities) | 2021-01-31 | $0 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-01-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2021-01-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2021-01-31 | No |
Investment advisory and management fees | 2021-01-31 | $30,552 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-01-31 | $8,380,027 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-01-31 | $0 |
Income. Interest from loans (other than to participants) | 2021-01-31 | $11,729 |
Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2021-01-31 | $4,733 |
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2021-01-31 | $0 |
Net gain/loss from 103.12 investment entities | 2021-01-31 | $1,040,330 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-01-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2021-01-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2021-01-31 | No |
Contributions received in cash from employer | 2021-01-31 | $203,511 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-01-31 | $960,171 |
Contract administrator fees | 2021-01-31 | $19,900 |
Did the plan have assets held for investment | 2021-01-31 | 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 | 2021-01-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-01-31 | No |
Opinion of an independent qualified public accountant for this plan | 2021-01-31 | Disclaimer |
Accountancy firm name | 2021-01-31 | ROBINSON BURDETTE MARTIN & SERIGHT |
Accountancy firm EIN | 2021-01-31 | 752489868 |