VALIANT ARTIFICIAL LIFT SOLUTION has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan VALIANT ARTIFICIAL LIFT SOLUTIONS 401(K) PLAN
| Measure | Date | Value |
|---|
| 2023 : VALIANT ARTIFICIAL LIFT SOLUTIONS 401(K) PLAN 2023 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2023-12-31 | $0 |
| Total transfer of assets to this plan | 2023-12-31 | $0 |
| Total transfer of assets from this plan | 2023-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-12-31 | $0 |
| Total income from all sources (including contributions) | 2023-12-31 | $2,267,632 |
| Total loss/gain on sale of assets | 2023-12-31 | $0 |
| Total of all expenses incurred | 2023-12-31 | $472,482 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-12-31 | $451,054 |
| Expenses. Certain deemed distributions of participant loans | 2023-12-31 | $999 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-12-31 | $1,027,278 |
| Value of total assets at end of year | 2023-12-31 | $8,387,771 |
| Value of total assets at beginning of year | 2023-12-31 | $6,592,621 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-12-31 | $20,429 |
| Total interest from all sources | 2023-12-31 | $12,511 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-12-31 | $212,073 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2023-12-31 | $212,073 |
| Was this plan covered by a fidelity bond | 2023-12-31 | Yes |
| Value of fidelity bond cover | 2023-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2023-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2023-12-31 | No |
| Contributions received from participants | 2023-12-31 | $585,046 |
| Participant contributions at end of year | 2023-12-31 | $171,026 |
| Participant contributions at beginning of year | 2023-12-31 | $178,192 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-12-31 | $119,324 |
| Other income not declared elsewhere | 2023-12-31 | $1,590 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-12-31 | No |
| Value of net income/loss | 2023-12-31 | $1,795,150 |
| Value of net assets at end of year (total assets less liabilities) | 2023-12-31 | $8,387,771 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-12-31 | $6,592,621 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-12-31 | No |
| Investment advisory and management fees | 2023-12-31 | $15,983 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-12-31 | $8,213,389 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-12-31 | $6,357,227 |
| Interest on participant loans | 2023-12-31 | $12,511 |
| Value of interest in common/collective trusts at end of year | 2023-12-31 | $3,356 |
| Value of interest in common/collective trusts at beginning of year | 2023-12-31 | $57,202 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-12-31 | $1,012,133 |
| Net investment gain or loss from common/collective trusts | 2023-12-31 | $2,047 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2023-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2023-12-31 | No |
| Contributions received in cash from employer | 2023-12-31 | $322,908 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-12-31 | $451,054 |
| Did the plan have assets held for investment | 2023-12-31 | 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 | 2023-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2023-12-31 | Unqualified |
| Accountancy firm name | 2023-12-31 | HOGAN TAYLOR LLP |
| Accountancy firm EIN | 2023-12-31 | 731413977 |
| Total unrealized appreciation/depreciation of assets | 2023-01-01 | $0 |
| Total transfer of assets to this plan | 2023-01-01 | $0 |
| Total transfer of assets from this plan | 2023-01-01 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-01-01 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-01-01 | $0 |
| Total income from all sources (including contributions) | 2023-01-01 | $2,267,632 |
| Total loss/gain on sale of assets | 2023-01-01 | $0 |
| Total of all expenses incurred | 2023-01-01 | $472,482 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-01-01 | $451,054 |
| Expenses. Certain deemed distributions of participant loans | 2023-01-01 | $999 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-01-01 | $1,027,278 |
| Value of total assets at end of year | 2023-01-01 | $8,387,771 |
| Value of total assets at beginning of year | 2023-01-01 | $6,592,621 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-01-01 | $20,429 |
| Total interest from all sources | 2023-01-01 | $12,511 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-01-01 | $212,073 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-01-01 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2023-01-01 | $212,073 |
| Was this plan covered by a fidelity bond | 2023-01-01 | Yes |
| Value of fidelity bond cover | 2023-01-01 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2023-01-01 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2023-01-01 | No |
| Contributions received from participants | 2023-01-01 | $585,046 |
| Participant contributions at end of year | 2023-01-01 | $171,026 |
| Participant contributions at beginning of year | 2023-01-01 | $178,192 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-01-01 | $119,324 |
| Other income not declared elsewhere | 2023-01-01 | $1,590 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-01-01 | No |
| Value of net income/loss | 2023-01-01 | $1,795,150 |
| Value of net assets at end of year (total assets less liabilities) | 2023-01-01 | $8,387,771 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-01-01 | $6,592,621 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-01-01 | No |
| Investment advisory and management fees | 2023-01-01 | $15,983 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-01-01 | $8,213,389 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-01-01 | $6,357,227 |
| Interest on participant loans | 2023-01-01 | $12,511 |
| Value of interest in common/collective trusts at end of year | 2023-01-01 | $3,356 |
| Value of interest in common/collective trusts at beginning of year | 2023-01-01 | $57,202 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-01-01 | $1,012,133 |
| Net investment gain or loss from common/collective trusts | 2023-01-01 | $2,047 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-01-01 | No |
| Was there a failure to transmit to the plan any participant contributions | 2023-01-01 | No |
| Has the plan failed to provide any benefit when due under the plan | 2023-01-01 | No |
| Contributions received in cash from employer | 2023-01-01 | $322,908 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-01-01 | $451,054 |
| Did the plan have assets held for investment | 2023-01-01 | 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 | 2023-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-01-01 | No |
| Opinion of an independent qualified public accountant for this plan | 2023-01-01 | 1 |
| Accountancy firm name | 2023-01-01 | HOGAN TAYLOR LLP |
| Accountancy firm EIN | 2023-01-01 | 731413977 |
| 2022 : VALIANT ARTIFICIAL LIFT SOLUTIONS 401(K) PLAN 2022 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2022-12-31 | $0 |
| Total transfer of assets to this plan | 2022-12-31 | $0 |
| Total transfer of assets from this plan | 2022-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
| Total income from all sources (including contributions) | 2022-12-31 | $-397,256 |
| Total loss/gain on sale of assets | 2022-12-31 | $0 |
| Total of all expenses incurred | 2022-12-31 | $1,752,917 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $1,691,905 |
| Expenses. Certain deemed distributions of participant loans | 2022-12-31 | $40,626 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $1,025,799 |
| Value of total assets at end of year | 2022-12-31 | $6,592,621 |
| Value of total assets at beginning of year | 2022-12-31 | $8,742,794 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $20,386 |
| Total interest from all sources | 2022-12-31 | $14,085 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $205,098 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2022-12-31 | $205,098 |
| Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
| Value of fidelity bond cover | 2022-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2022-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
| Contributions received from participants | 2022-12-31 | $673,286 |
| Participant contributions at end of year | 2022-12-31 | $178,192 |
| Participant contributions at beginning of year | 2022-12-31 | $212,570 |
| Administrative expenses (other) incurred | 2022-12-31 | $20,386 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
| Value of net income/loss | 2022-12-31 | $-2,150,173 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $6,592,621 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $8,742,794 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $6,357,227 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $8,451,246 |
| Interest on participant loans | 2022-12-31 | $14,085 |
| Value of interest in common/collective trusts at end of year | 2022-12-31 | $57,202 |
| Value of interest in common/collective trusts at beginning of year | 2022-12-31 | $78,978 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-1,643,065 |
| Net investment gain or loss from common/collective trusts | 2022-12-31 | $827 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-12-31 | No |
| Contributions received in cash from employer | 2022-12-31 | $352,513 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $1,691,905 |
| Did the plan have assets held for investment | 2022-12-31 | 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 | 2022-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
| Accountancy firm name | 2022-12-31 | HOGAN TAYLOR LLP |
| Accountancy firm EIN | 2022-12-31 | 731413977 |
| Total unrealized appreciation/depreciation of assets | 2022-01-01 | $0 |
| Total transfer of assets to this plan | 2022-01-01 | $0 |
| Total transfer of assets from this plan | 2022-01-01 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-01-01 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-01-01 | $0 |
| Total income from all sources (including contributions) | 2022-01-01 | $-397,256 |
| Total loss/gain on sale of assets | 2022-01-01 | $0 |
| Total of all expenses incurred | 2022-01-01 | $1,752,917 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-01-01 | $1,691,905 |
| Expenses. Certain deemed distributions of participant loans | 2022-01-01 | $40,626 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-01-01 | $1,025,799 |
| Value of total assets at end of year | 2022-01-01 | $6,592,621 |
| Value of total assets at beginning of year | 2022-01-01 | $8,742,794 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-01-01 | $20,386 |
| Total interest from all sources | 2022-01-01 | $14,085 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-01-01 | $205,098 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-01-01 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2022-01-01 | $205,098 |
| Was this plan covered by a fidelity bond | 2022-01-01 | Yes |
| Value of fidelity bond cover | 2022-01-01 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2022-01-01 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-01-01 | No |
| Contributions received from participants | 2022-01-01 | $673,286 |
| Participant contributions at end of year | 2022-01-01 | $178,192 |
| Participant contributions at beginning of year | 2022-01-01 | $212,570 |
| Administrative expenses (other) incurred | 2022-01-01 | $20,386 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-01-01 | No |
| Value of net income/loss | 2022-01-01 | $-2,150,173 |
| Value of net assets at end of year (total assets less liabilities) | 2022-01-01 | $6,592,621 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-01-01 | $8,742,794 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-01-01 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-01-01 | $6,357,227 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-01-01 | $8,451,246 |
| Interest on participant loans | 2022-01-01 | $14,085 |
| Value of interest in common/collective trusts at end of year | 2022-01-01 | $57,202 |
| Value of interest in common/collective trusts at beginning of year | 2022-01-01 | $78,978 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-01-01 | $-1,643,065 |
| Net investment gain or loss from common/collective trusts | 2022-01-01 | $827 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-01-01 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-01-01 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-01-01 | No |
| Contributions received in cash from employer | 2022-01-01 | $352,513 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-01-01 | $1,691,905 |
| Did the plan have assets held for investment | 2022-01-01 | 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 | 2022-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-01-01 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-01-01 | 1 |
| Accountancy firm name | 2022-01-01 | HOGAN TAYLOR LLP |
| Accountancy firm EIN | 2022-01-01 | 731413977 |
| 2021 : VALIANT ARTIFICIAL LIFT SOLUTIONS 401(K) PLAN 2021 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2021-12-31 | $0 |
| Total transfer of assets to this plan | 2021-12-31 | $0 |
| Total transfer of assets from this plan | 2021-12-31 | $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 | $2,514,357 |
| Total loss/gain on sale of assets | 2021-12-31 | $0 |
| Total of all expenses incurred | 2021-12-31 | $1,205,849 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $1,177,817 |
| Expenses. Certain deemed distributions of participant loans | 2021-12-31 | $5,193 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $1,370,354 |
| Value of total assets at end of year | 2021-12-31 | $8,742,794 |
| Value of total assets at beginning of year | 2021-12-31 | $7,434,286 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $22,839 |
| Total interest from all sources | 2021-12-31 | $16,282 |
| Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $897,595 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2021-12-31 | $897,595 |
| Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
| Value of fidelity bond cover | 2021-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2021-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2021-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
| Contributions received from participants | 2021-12-31 | $683,084 |
| Participant contributions at end of year | 2021-12-31 | $212,570 |
| Participant contributions at beginning of year | 2021-12-31 | $238,353 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $331,976 |
| Other income not declared elsewhere | 2021-12-31 | $248 |
| Administrative expenses (other) incurred | 2021-12-31 | $22,839 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
| Value of net income/loss | 2021-12-31 | $1,308,508 |
| Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $8,742,794 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $7,434,286 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2021-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2021-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $8,451,246 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $7,152,696 |
| Interest on participant loans | 2021-12-31 | $16,282 |
| Value of interest in common/collective trusts at end of year | 2021-12-31 | $78,978 |
| Value of interest in common/collective trusts at beginning of year | 2021-12-31 | $43,237 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $229,036 |
| Net investment gain or loss from common/collective trusts | 2021-12-31 | $842 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2021-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2021-12-31 | No |
| Contributions received in cash from employer | 2021-12-31 | $355,294 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $1,177,817 |
| Did the plan have assets held for investment | 2021-12-31 | 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 | 2021-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2021-12-31 | Unqualified |
| Accountancy firm name | 2021-12-31 | HOGAN TAYLOR LLP |
| Accountancy firm EIN | 2021-12-31 | 731413977 |
| 2020 : VALIANT ARTIFICIAL LIFT SOLUTIONS 401(K) PLAN 2020 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2020-12-31 | $0 |
| Total transfer of assets to this plan | 2020-12-31 | $0 |
| Total transfer of assets from this plan | 2020-12-31 | $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 | $2,447,896 |
| Total loss/gain on sale of assets | 2020-12-31 | $0 |
| Total of all expenses incurred | 2020-12-31 | $1,234,623 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $1,214,770 |
| Expenses. Certain deemed distributions of participant loans | 2020-12-31 | $13,161 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $1,403,571 |
| Value of total assets at end of year | 2020-12-31 | $7,434,286 |
| Value of total assets at beginning of year | 2020-12-31 | $6,221,013 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $6,692 |
| Total interest from all sources | 2020-12-31 | $10,324 |
| Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $237,273 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2020-12-31 | $237,273 |
| Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
| Value of fidelity bond cover | 2020-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2020-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2020-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
| Contributions received from participants | 2020-12-31 | $805,986 |
| Participant contributions at end of year | 2020-12-31 | $238,353 |
| Participant contributions at beginning of year | 2020-12-31 | $173,490 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $171,635 |
| Administrative expenses (other) incurred | 2020-12-31 | $6,692 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
| Value of net income/loss | 2020-12-31 | $1,213,273 |
| Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $7,434,286 |
| Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $6,221,013 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2020-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2020-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $7,152,696 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $5,970,977 |
| Interest on participant loans | 2020-12-31 | $10,324 |
| Value of interest in common/collective trusts at end of year | 2020-12-31 | $43,237 |
| Value of interest in common/collective trusts at beginning of year | 2020-12-31 | $76,546 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $794,731 |
| Net investment gain or loss from common/collective trusts | 2020-12-31 | $1,997 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2020-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2020-12-31 | No |
| Contributions received in cash from employer | 2020-12-31 | $425,950 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $1,214,770 |
| Did the plan have assets held for investment | 2020-12-31 | 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 | 2020-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2020-12-31 | Disclaimer |
| Accountancy firm name | 2020-12-31 | HOGAN TAYLOR LLP |
| Accountancy firm EIN | 2020-12-31 | 731413977 |
| 2019 : VALIANT ARTIFICIAL LIFT SOLUTIONS 401(K) PLAN 2019 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2019-12-31 | $0 |
| Total transfer of assets to this plan | 2019-12-31 | $0 |
| Total transfer of assets from this plan | 2019-12-31 | $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 | $3,454,644 |
| Total loss/gain on sale of assets | 2019-12-31 | $0 |
| Total of all expenses incurred | 2019-12-31 | $376,205 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $372,460 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $2,592,548 |
| Value of total assets at end of year | 2019-12-31 | $6,221,013 |
| Value of total assets at beginning of year | 2019-12-31 | $3,142,574 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $3,745 |
| Total interest from all sources | 2019-12-31 | $6,830 |
| Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $176,525 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2019-12-31 | $176,525 |
| Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
| Value of fidelity bond cover | 2019-12-31 | $315,000 |
| If this is an individual account plan, was there a blackout period | 2019-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2019-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
| Contributions received from participants | 2019-12-31 | $1,042,795 |
| Participant contributions at end of year | 2019-12-31 | $173,490 |
| Participant contributions at beginning of year | 2019-12-31 | $63,285 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2019-12-31 | $983,033 |
| Other income not declared elsewhere | 2019-12-31 | $1,534 |
| Administrative expenses (other) incurred | 2019-12-31 | $3,745 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
| Value of net income/loss | 2019-12-31 | $3,078,439 |
| Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $6,221,013 |
| Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $3,142,574 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2019-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2019-12-31 | $5,970,977 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2019-12-31 | $3,027,741 |
| Interest on participant loans | 2019-12-31 | $6,830 |
| Value of interest in common/collective trusts at end of year | 2019-12-31 | $76,546 |
| Value of interest in common/collective trusts at beginning of year | 2019-12-31 | $51,548 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2019-12-31 | $675,568 |
| Net investment gain or loss from common/collective trusts | 2019-12-31 | $1,639 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2019-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2019-12-31 | No |
| Contributions received in cash from employer | 2019-12-31 | $566,720 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $372,460 |
| Did the plan have assets held for investment | 2019-12-31 | 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 | 2019-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Disclaimer |
| Accountancy firm name | 2019-12-31 | HOGAN TAYLOR LLP |
| Accountancy firm EIN | 2019-12-31 | 731413977 |
