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TGS-NOPEC GEOPHYSICAL COMPANY 401(K) PROFIT 401k Plan overview

Plan NameTGS-NOPEC GEOPHYSICAL COMPANY 401(K) PROFIT
Plan identification number 001

TGS-NOPEC GEOPHYSICAL COMPANY 401(K) PROFIT Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

TGS-NOPEC GEOPHYSICAL COMPANY has sponsored the creation of one or more 401k plans.

Company Name:TGS-NOPEC GEOPHYSICAL COMPANY
Employer identification number (EIN):760170405
NAIC Classification:541360
NAIC Description:Geophysical Surveying and Mapping Services

Additional information about TGS-NOPEC GEOPHYSICAL COMPANY

Jurisdiction of Incorporation: Texas Secretary of State
Incorporation Date: 1999-10-11
Company Identification Number: 0012852706
Legal Registered Office Address: 10451 CLAY RD

HOUSTON
United States of America (USA)
77041

More information about TGS-NOPEC GEOPHYSICAL COMPANY

Form 5500 Filing Information

Submission information for form 5500 for 401k plan TGS-NOPEC GEOPHYSICAL COMPANY 401(K) PROFIT

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012020-01-01
0012020-01-01
0012019-01-01
0012018-01-01
0012018-01-01
0012017-01-01CANDACE GRIMM
0012016-01-01CANDACE GRIMM CANDACE GRIMM2017-08-03

Plan Statistics for TGS-NOPEC GEOPHYSICAL COMPANY 401(K) PROFIT

401k plan membership statisitcs for TGS-NOPEC GEOPHYSICAL COMPANY 401(K) PROFIT

Measure Date Value
2020: TGS-NOPEC GEOPHYSICAL COMPANY 401(K) PROFIT 2020 401k membership
Total participants, beginning-of-year2020-01-01491
Total number of active participants reported on line 7a of the Form 55002020-01-01289
Number of retired or separated participants receiving benefits2020-01-011
Number of other retired or separated participants entitled to future benefits2020-01-01225
Total of all active and inactive participants2020-01-01515
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-01515
Number of participants with account balances2020-01-01515
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-010
2019: TGS-NOPEC GEOPHYSICAL COMPANY 401(K) PROFIT 2019 401k membership
Total participants, beginning-of-year2019-01-01483
Total number of active participants reported on line 7a of the Form 55002019-01-01344
Number of retired or separated participants receiving benefits2019-01-011
Number of other retired or separated participants entitled to future benefits2019-01-01146
Total of all active and inactive participants2019-01-01491
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-01491
Number of participants with account balances2019-01-01491
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-010
2018: TGS-NOPEC GEOPHYSICAL COMPANY 401(K) PROFIT 2018 401k membership
Total participants, beginning-of-year2018-01-01501
Total number of active participants reported on line 7a of the Form 55002018-01-01341
Number of retired or separated participants receiving benefits2018-01-011
Number of other retired or separated participants entitled to future benefits2018-01-01141
Total of all active and inactive participants2018-01-01483
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-01483
Number of participants with account balances2018-01-01482
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-010
2017: TGS-NOPEC GEOPHYSICAL COMPANY 401(K) PROFIT 2017 401k membership
Total participants, beginning-of-year2017-01-01528
Total number of active participants reported on line 7a of the Form 55002017-01-01385
Number of retired or separated participants receiving benefits2017-01-011
Number of other retired or separated participants entitled to future benefits2017-01-01115
Total of all active and inactive participants2017-01-01501
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-01501
Number of participants with account balances2017-01-01501
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-011
2016: TGS-NOPEC GEOPHYSICAL COMPANY 401(K) PROFIT 2016 401k membership
Total participants, beginning-of-year2016-01-01589
Total number of active participants reported on line 7a of the Form 55002016-01-01407
Number of retired or separated participants receiving benefits2016-01-011
Number of other retired or separated participants entitled to future benefits2016-01-01119
Total of all active and inactive participants2016-01-01527
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-01527
Number of participants with account balances2016-01-01527
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-010

Financial Data on TGS-NOPEC GEOPHYSICAL COMPANY 401(K) PROFIT

Measure Date Value
2021 : TGS-NOPEC GEOPHYSICAL COMPANY 401(K) PROFIT 2021 401k financial data
Total unrealized appreciation/depreciation of assets2021-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$0
Total income from all sources (including contributions)2021-12-31$19,574,432
Total loss/gain on sale of assets2021-12-31$0
Total of all expenses incurred2021-12-31$15,840,224
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$15,535,825
Value of total corrective distributions2021-12-31$2,062
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$5,636,905
Value of total assets at end of year2021-12-31$106,822,238
Value of total assets at beginning of year2021-12-31$103,088,030
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$302,337
Total interest from all sources2021-12-31$373,643
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$906,990
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$906,990
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$3,584,419
Participant contributions at end of year2021-12-31$496,992
Participant contributions at beginning of year2021-12-31$489,349
Income. Received or receivable in cash from other sources (including rollovers)2021-12-31$45,764
Other income not declared elsewhere2021-12-31$92,912
Administrative expenses (other) incurred2021-12-31$302,337
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$3,734,208
Value of net assets at end of year (total assets less liabilities)2021-12-31$106,822,238
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$103,088,030
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2021-12-31No
Were any leases to which the plan was party in default or uncollectible2021-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2021-12-31$71,244,777
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2021-12-31$69,901,199
Value of interest in pooled separate accounts at end of year2021-12-31$15,044,267
Value of interest in pooled separate accounts at beginning of year2021-12-31$9,091,291
Interest on participant loans2021-12-31$30,176
Interest earned on other investments2021-12-31$343,467
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2021-12-31$20,036,202
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2021-12-31$23,606,191
Net investment gain/loss from registered investment companies (e.g. mutual funds)2021-12-31$9,189,262
Net investment gain/loss from pooled separate accounts2021-12-31$3,374,720
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-12-31No
Was there a failure to transmit to the plan any participant contributions2021-12-31No
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Contributions received in cash from employer2021-12-31$2,006,722
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$15,535,825
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 plan2021-12-31Disclaimer
Accountancy firm name2021-12-31WEINSTEIN SPIRA & COMPANY
Accountancy firm EIN2021-12-31742181616
2020 : TGS-NOPEC GEOPHYSICAL COMPANY 401(K) PROFIT 2020 401k financial data
Total unrealized appreciation/depreciation of assets2020-12-31$0
Total transfer of assets to this plan2020-12-31$11,428,498
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$20,016,390
Total loss/gain on sale of assets2020-12-31$0
Total of all expenses incurred2020-12-31$21,821,245
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$21,535,680
Expenses. Certain deemed distributions of participant loans2020-12-31$28,926
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$7,324,871
Value of total assets at end of year2020-12-31$103,088,030
Value of total assets at beginning of year2020-12-31$93,464,387
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$256,639
Total interest from all sources2020-12-31$478,727
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$920,804
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$920,804
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$4,448,816
Participant contributions at end of year2020-12-31$489,349
Participant contributions at beginning of year2020-12-31$1,012,728
Income. Received or receivable in cash from other sources (including rollovers)2020-12-31$431,169
Other income not declared elsewhere2020-12-31$88,111
Administrative expenses (other) incurred2020-12-31$256,639
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Value of net income/loss2020-12-31$-1,804,855
Value of net assets at end of year (total assets less liabilities)2020-12-31$103,088,030
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$93,464,387
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2020-12-31No
Were any leases to which the plan was party in default or uncollectible2020-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2020-12-31$69,901,199
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2020-12-31$62,055,003
Value of interest in pooled separate accounts at end of year2020-12-31$9,091,291
Value of interest in pooled separate accounts at beginning of year2020-12-31$9,354,398
Interest on participant loans2020-12-31$46,931
Interest earned on other investments2020-12-31$431,796
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2020-12-31$23,606,191
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2020-12-31$21,042,258
Net investment gain/loss from registered investment companies (e.g. mutual funds)2020-12-31$11,357,319
Net investment gain/loss from pooled separate accounts2020-12-31$-153,442
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-12-31No
Was there a failure to transmit to the plan any participant contributions2020-12-31No
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Contributions received in cash from employer2020-12-31$2,444,886
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$21,535,680
Did the plan have assets held for investment2020-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-12-31No
Opinion of an independent qualified public accountant for this plan2020-12-31Disclaimer
Accountancy firm name2020-12-31WEINSTEIN SPIRA & COMPANY
Accountancy firm EIN2020-12-31742181616
2019 : TGS-NOPEC GEOPHYSICAL COMPANY 401(K) PROFIT 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$23,165,653
Total loss/gain on sale of assets2019-12-31$0
Total of all expenses incurred2019-12-31$4,676,465
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$4,432,303
Expenses. Certain deemed distributions of participant loans2019-12-31$651
Value of total corrective distributions2019-12-31$3,221
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$7,761,452
Value of total assets at end of year2019-12-31$93,464,387
Value of total assets at beginning of year2019-12-31$74,975,199
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$240,290
Total interest from all sources2019-12-31$460,703
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$1,115,843
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$1,115,843
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
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Contributions received from participants2019-12-31$3,943,428
Participant contributions at end of year2019-12-31$1,012,728
Participant contributions at beginning of year2019-12-31$1,107,838
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$1,616,453
Other income not declared elsewhere2019-12-31$82,757
Administrative expenses (other) incurred2019-12-31$240,290
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$18,489,188
Value of net assets at end of year (total assets less liabilities)2019-12-31$93,464,387
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$74,975,199
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
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$62,055,003
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$47,821,388
Value of interest in pooled separate accounts at end of year2019-12-31$9,354,398
Value of interest in pooled separate accounts at beginning of year2019-12-31$8,223,370
Interest on participant loans2019-12-31$60,481
Interest earned on other investments2019-12-31$400,222
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2019-12-31$21,042,258
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2019-12-31$17,434,853
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$11,836,599
Net investment gain/loss from pooled separate accounts2019-12-31$1,908,299
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
Contributions received in cash from employer2019-12-31$2,201,571
Employer contributions (assets) at end of year2019-12-31$0
Employer contributions (assets) at beginning of year2019-12-31$387,750
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$4,432,303
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 name2019-12-31WEINSTEIN SPIRA & COMPANY
Accountancy firm EIN2019-12-31742181616
2018 : TGS-NOPEC GEOPHYSICAL COMPANY 401(K) PROFIT 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$1,861,205
Total loss/gain on sale of assets2018-12-31$0
Total of all expenses incurred2018-12-31$4,271,134
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$4,022,925
Expenses. Certain deemed distributions of participant loans2018-12-31$-1,342
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$6,173,267
Value of total assets at end of year2018-12-31$74,975,199
Value of total assets at beginning of year2018-12-31$77,385,128
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$249,551
Total interest from all sources2018-12-31$376,554
Total dividends received (eg from common stock, registered investment company shares)2018-12-31$862,625
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$862,625
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$500,000
If this is an individual account plan, was there a blackout period2018-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0
Were there any nonexempt tranactions with any party-in-interest2018-12-31No
Contributions received from participants2018-12-31$3,672,464
Participant contributions at end of year2018-12-31$1,107,838
Participant contributions at beginning of year2018-12-31$1,123,789
Income. Received or receivable in cash from other sources (including rollovers)2018-12-31$33,847
Other income not declared elsewhere2018-12-31$98,682
Administrative expenses (other) incurred2018-12-31$249,551
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$-2,409,929
Value of net assets at end of year (total assets less liabilities)2018-12-31$74,975,199
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$77,385,128
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2018-12-31No
Were any leases to which the plan was party in default or uncollectible2018-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2018-12-31$47,821,388
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2018-12-31$50,611,189
Value of interest in pooled separate accounts at end of year2018-12-31$8,223,370
Value of interest in pooled separate accounts at beginning of year2018-12-31$9,388,379
Interest on participant loans2018-12-31$52,653
Interest earned on other investments2018-12-31$323,901
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2018-12-31$17,434,853
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2018-12-31$15,981,241
Net investment gain/loss from registered investment companies (e.g. mutual funds)2018-12-31$-4,653,863
Net investment gain/loss from pooled separate accounts2018-12-31$-996,060
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 contributions2018-12-31Yes
Has the plan failed to provide any benefit when due under the plan2018-12-31No
Contributions received in cash from employer2018-12-31$2,466,956
Employer contributions (assets) at end of year2018-12-31$387,750
Employer contributions (assets) at beginning of year2018-12-31$280,530
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$4,022,925
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 name2018-12-31WEINSTEIN SPIRA & COMPANY
Accountancy firm EIN2018-12-31742181616
2017 : TGS-NOPEC GEOPHYSICAL COMPANY 401(K) PROFIT 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$16,759,059
Total loss/gain on sale of assets2017-12-31$0
Total of all expenses incurred2017-12-31$3,852,749
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$3,605,611
Expenses. Certain deemed distributions of participant loans2017-12-31$347
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$6,177,557
Value of total assets at end of year2017-12-31$77,385,128
Value of total assets at beginning of year2017-12-31$64,478,818
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$246,791
Total interest from all sources2017-12-31$360,964
Total dividends received (eg from common stock, registered investment company shares)2017-12-31$663,662
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$663,662
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$500,000
If this is an individual account plan, was there a blackout period2017-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
Were there any nonexempt tranactions with any party-in-interest2017-12-31No
Contributions received from participants2017-12-31$3,482,435
Participant contributions at end of year2017-12-31$1,123,789
Participant contributions at beginning of year2017-12-31$1,232,381
Income. Received or receivable in cash from other sources (including rollovers)2017-12-31$417,054
Other income not declared elsewhere2017-12-31$99,271
Administrative expenses (other) incurred2017-12-31$246,791
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$12,906,310
Value of net assets at end of year (total assets less liabilities)2017-12-31$77,385,128
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$64,478,818
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2017-12-31No
Were any leases to which the plan was party in default or uncollectible2017-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2017-12-31$50,611,189
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2017-12-31$39,612,959
Value of interest in pooled separate accounts at end of year2017-12-31$9,388,379
Value of interest in pooled separate accounts at beginning of year2017-12-31$7,617,485
Interest on participant loans2017-12-31$53,700
Interest earned on other investments2017-12-31$307,264
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2017-12-31$15,981,241
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2017-12-31$15,858,894
Net investment gain/loss from registered investment companies (e.g. mutual funds)2017-12-31$8,165,565
Net investment gain/loss from pooled separate accounts2017-12-31$1,292,040
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 contributions2017-12-31Yes
Has the plan failed to provide any benefit when due under the plan2017-12-31No
Contributions received in cash from employer2017-12-31$2,278,068
Employer contributions (assets) at end of year2017-12-31$280,530
Employer contributions (assets) at beginning of year2017-12-31$157,099
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$3,605,611
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 name2017-12-31WEINSTEIN SPIRA & COMPANY
Accountancy firm EIN2017-12-31742181616
2016 : TGS-NOPEC GEOPHYSICAL COMPANY 401(K) PROFIT 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$9,327,827
Total loss/gain on sale of assets2016-12-31$0
Total of all expenses incurred2016-12-31$6,740,025
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$6,616,909
Expenses. Certain deemed distributions of participant loans2016-12-31$24,420
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$5,386,303
Value of total assets at end of year2016-12-31$64,478,818
Value of total assets at beginning of year2016-12-31$61,891,016
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$98,696
Total interest from all sources2016-12-31$345,506
Total dividends received (eg from common stock, registered investment company shares)2016-12-31$509,531
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2016-12-31$509,531
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$3,384,197
Participant contributions at end of year2016-12-31$1,232,381
Participant contributions at beginning of year2016-12-31$1,084,136
Income. Received or receivable in cash from other sources (including rollovers)2016-12-31$10,788
Other income not declared elsewhere2016-12-31$90,168
Administrative expenses (other) incurred2016-12-31$98,696
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$2,587,802
Value of net assets at end of year (total assets less liabilities)2016-12-31$64,478,818
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$61,891,016
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2016-12-31No
Were any leases to which the plan was party in default or uncollectible2016-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2016-12-31$39,612,959
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2016-12-31$34,969,435
Value of interest in pooled separate accounts at end of year2016-12-31$7,617,485
Value of interest in pooled separate accounts at beginning of year2016-12-31$10,271,203
Interest on participant loans2016-12-31$47,016
Interest earned on other investments2016-12-31$298,490
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2016-12-31$15,858,894
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2016-12-31$15,226,512
Net investment gain/loss from registered investment companies (e.g. mutual funds)2016-12-31$1,751,535
Net investment gain/loss from pooled separate accounts2016-12-31$1,244,784
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-12-31No
Was there a failure to transmit to the plan any participant contributions2016-12-31No
Has the plan failed to provide any benefit when due under the plan2016-12-31No
Contributions received in cash from employer2016-12-31$1,991,318
Employer contributions (assets) at end of year2016-12-31$157,099
Employer contributions (assets) at beginning of year2016-12-31$339,730
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$6,616,909
Did the plan have assets held for investment2016-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-12-31Yes
Opinion of an independent qualified public accountant for this plan2016-12-31Disclaimer
Accountancy firm name2016-12-31WEINSTEIN SPIRA & COMPANY
Accountancy firm EIN2016-12-31742181616

Form 5500 Responses for TGS-NOPEC GEOPHYSICAL COMPANY 401(K) PROFIT

2020: TGS-NOPEC GEOPHYSICAL COMPANY 401(K) PROFIT 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedYes
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 – InsuranceYes
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement – InsuranceYes
2020-01-01Plan benefit arrangement - TrustYes
2019: TGS-NOPEC GEOPHYSICAL COMPANY 401(K) PROFIT 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – InsuranceYes
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement – InsuranceYes
2019-01-01Plan benefit arrangement - TrustYes
2018: TGS-NOPEC GEOPHYSICAL COMPANY 401(K) PROFIT 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – InsuranceYes
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement – InsuranceYes
2018-01-01Plan benefit arrangement - TrustYes
2017: TGS-NOPEC GEOPHYSICAL COMPANY 401(K) PROFIT 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – InsuranceYes
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement – InsuranceYes
2017-01-01Plan benefit arrangement - TrustYes
2016: TGS-NOPEC GEOPHYSICAL COMPANY 401(K) PROFIT 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 – InsuranceYes
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement – InsuranceYes
2016-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

PRUDENTIAL RETIREMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 93629 )
Policy contract number040233
Policy instance 1
Insurance contract or identification number040233
Number of Individuals Covered496
Insurance policy start date2021-01-01
Insurance policy end date2021-12-31
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
PRUDENTIAL RETIREMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 93629 )
Policy contract number040233
Policy instance 1
Insurance contract or identification number040233
Number of Individuals Covered515
Insurance policy start date2020-01-01
Insurance policy end date2020-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
PRUDENTIAL RETIREMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 93629 )
Policy contract number040233
Policy instance 1
Insurance contract or identification number040233
Number of Individuals Covered491
Insurance policy start date2019-01-01
Insurance policy end date2019-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
PRUDENTIAL RETIREMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 93629 )
Policy contract number040233
Policy instance 1
Insurance contract or identification number040233
Number of Individuals Covered483
Insurance policy start date2018-01-01
Insurance policy end date2018-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
PRUDENTIAL RETIREMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 93629 )
Policy contract number040233
Policy instance 1
Insurance contract or identification number040233
Number of Individuals Covered501
Insurance policy start date2017-01-01
Insurance policy end date2017-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No

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