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MIKE ZIMMERMAN WELL SERVICE 401(K) PROFIT SHARING PLAN & TRUST 401k Plan overview

Plan NameMIKE ZIMMERMAN WELL SERVICE 401(K) PROFIT SHARING PLAN & TRUST
Plan identification number 001

MIKE ZIMMERMAN WELL SERVICE 401(K) PROFIT SHARING PLAN & TRUST Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
  • 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.
  • 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

MIKE ZIMMERMAN WELL SERVICE has sponsored the creation of one or more 401k plans.

Company Name:MIKE ZIMMERMAN WELL SERVICE
Employer identification number (EIN):870642958
NAIC Classification:238900

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MIKE ZIMMERMAN WELL SERVICE 401(K) PROFIT SHARING PLAN & TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01KAREN ZIMMERMAN2023-07-14
0012021-01-01KAREN ZIMMERMAN2022-04-25
0012020-01-01KAREN ZIMMERMAN2021-05-04
0012019-01-01
0012018-01-01KAREN ZIMMERMAN
0012017-01-01KAREN ZIMMERMAN
0012016-01-01KAREN ZIMMERMAN
0012015-01-01KAREN ZIMMERMAN KAREN ZIMMERMAN2016-07-28
0012010-01-01MIKE ZIMMERMAN WELL SERVICE2011-07-05

Plan Statistics for MIKE ZIMMERMAN WELL SERVICE 401(K) PROFIT SHARING PLAN & TRUST

401k plan membership statisitcs for MIKE ZIMMERMAN WELL SERVICE 401(K) PROFIT SHARING PLAN & TRUST

Measure Date Value
2019: MIKE ZIMMERMAN WELL SERVICE 401(K) PROFIT SHARING PLAN & TRUST 2019 401k membership
Total participants, beginning-of-year2019-01-0116
Total number of active participants reported on line 7a of the Form 55002019-01-0116
Number of retired or separated participants receiving benefits2019-01-010
Number of other retired or separated participants entitled to future benefits2019-01-013
Total of all active and inactive participants2019-01-0119
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-0119
Number of participants with account balances2019-01-0117
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-011
2018: MIKE ZIMMERMAN WELL SERVICE 401(K) PROFIT SHARING PLAN & TRUST 2018 401k membership
Total participants, beginning-of-year2018-01-0122
Total number of active participants reported on line 7a of the Form 55002018-01-0113
Number of retired or separated participants receiving benefits2018-01-010
Number of other retired or separated participants entitled to future benefits2018-01-014
Total of all active and inactive participants2018-01-0117
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-0117
Number of participants with account balances2018-01-0116
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-012
2017: MIKE ZIMMERMAN WELL SERVICE 401(K) PROFIT SHARING PLAN & TRUST 2017 401k membership
Total participants, beginning-of-year2017-01-0118
Total number of active participants reported on line 7a of the Form 55002017-01-0114
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-016
Total of all active and inactive participants2017-01-0120
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-0120
Number of participants with account balances2017-01-0120
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-010
2016: MIKE ZIMMERMAN WELL SERVICE 401(K) PROFIT SHARING PLAN & TRUST 2016 401k membership
Total participants, beginning-of-year2016-01-0116
Total number of active participants reported on line 7a of the Form 55002016-01-0113
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-014
Total of all active and inactive participants2016-01-0117
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-0117
Number of participants with account balances2016-01-0114
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-010
2015: MIKE ZIMMERMAN WELL SERVICE 401(K) PROFIT SHARING PLAN & TRUST 2015 401k membership
Total participants, beginning-of-year2015-01-0114
Total number of active participants reported on line 7a of the Form 55002015-01-0111
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-014
Total of all active and inactive participants2015-01-0115
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-0115
Number of participants with account balances2015-01-0115
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-011

Financial Data on MIKE ZIMMERMAN WELL SERVICE 401(K) PROFIT SHARING PLAN & TRUST

Measure Date Value
2019 : MIKE ZIMMERMAN WELL SERVICE 401(K) PROFIT SHARING PLAN & TRUST 2019 401k financial data
Total income from all sources2019-12-31$516,964
Expenses. Total of all expenses incurred2019-12-31$24,760
Benefits paid (including direct rollovers)2019-12-31$7,380
Total plan assets at end of year2019-12-31$1,891,943
Total plan assets at beginning of year2019-12-31$1,399,739
Value of fidelity bond covering the plan2019-12-31$190,000
Total contributions received or receivable from participants2019-12-31$104,023
Expenses. Other expenses not covered elsewhere2019-12-31$17,380
Contributions received from other sources (not participants or employers)2019-12-31$0
Other income received2019-12-31$298,777
Noncash contributions received2019-12-31$0
Net income (gross income less expenses)2019-12-31$492,204
Net plan assets at end of year (total assets less liabilities)2019-12-31$1,891,943
Net plan assets at beginning of year (total assets less liabilities)2019-12-31$1,399,739
Assets. Value of participant loans2019-12-31$22,871
Total contributions received or receivable from employer(s)2019-12-31$114,164
Value of certain deemed distributions of participant loans2019-12-31$0
Value of corrective distributions2019-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2019-12-31$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
2018 : MIKE ZIMMERMAN WELL SERVICE 401(K) PROFIT SHARING PLAN & TRUST 2018 401k financial data
Total income from all sources2018-12-31$87,081
Expenses. Total of all expenses incurred2018-12-31$50,201
Benefits paid (including direct rollovers)2018-12-31$34,453
Total plan assets at end of year2018-12-31$1,399,739
Total plan assets at beginning of year2018-12-31$1,362,859
Value of fidelity bond covering the plan2018-12-31$140,000
Total contributions received or receivable from participants2018-12-31$95,138
Expenses. Other expenses not covered elsewhere2018-12-31$15,748
Other income received2018-12-31$-68,130
Net income (gross income less expenses)2018-12-31$36,880
Net plan assets at end of year (total assets less liabilities)2018-12-31$1,399,739
Net plan assets at beginning of year (total assets less liabilities)2018-12-31$1,362,859
Assets. Value of participant loans2018-12-31$23,684
Total contributions received or receivable from employer(s)2018-12-31$60,073
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0
2017 : MIKE ZIMMERMAN WELL SERVICE 401(K) PROFIT SHARING PLAN & TRUST 2017 401k financial data
Total income from all sources2017-12-31$324,506
Expenses. Total of all expenses incurred2017-12-31$72,144
Benefits paid (including direct rollovers)2017-12-31$58,799
Total plan assets at end of year2017-12-31$1,362,859
Total plan assets at beginning of year2017-12-31$1,110,497
Value of fidelity bond covering the plan2017-12-31$140,000
Total contributions received or receivable from participants2017-12-31$77,490
Other income received2017-12-31$195,005
Net income (gross income less expenses)2017-12-31$252,362
Net plan assets at end of year (total assets less liabilities)2017-12-31$1,362,859
Net plan assets at beginning of year (total assets less liabilities)2017-12-31$1,110,497
Total contributions received or receivable from employer(s)2017-12-31$52,011
Expenses. Administrative service providers (salaries,fees and commissions)2017-12-31$13,345
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
2016 : MIKE ZIMMERMAN WELL SERVICE 401(K) PROFIT SHARING PLAN & TRUST 2016 401k financial data
Total income from all sources2016-12-31$210,365
Expenses. Total of all expenses incurred2016-12-31$33,428
Benefits paid (including direct rollovers)2016-12-31$25,080
Total plan assets at end of year2016-12-31$1,110,497
Total plan assets at beginning of year2016-12-31$933,560
Value of fidelity bond covering the plan2016-12-31$115,000
Total contributions received or receivable from participants2016-12-31$103,043
Other income received2016-12-31$58,173
Net income (gross income less expenses)2016-12-31$176,937
Net plan assets at end of year (total assets less liabilities)2016-12-31$1,110,497
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$933,560
Total contributions received or receivable from employer(s)2016-12-31$49,149
Expenses. Administrative service providers (salaries,fees and commissions)2016-12-31$8,348
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0
2015 : MIKE ZIMMERMAN WELL SERVICE 401(K) PROFIT SHARING PLAN & TRUST 2015 401k financial data
Total income from all sources2015-12-31$162,955
Expenses. Total of all expenses incurred2015-12-31$8,784
Total plan assets at end of year2015-12-31$933,560
Total plan assets at beginning of year2015-12-31$779,389
Value of fidelity bond covering the plan2015-12-31$100,000
Total contributions received or receivable from participants2015-12-31$76,990
Other income received2015-12-31$-19,613
Net income (gross income less expenses)2015-12-31$154,171
Net plan assets at end of year (total assets less liabilities)2015-12-31$933,560
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$779,389
Assets. Value of participant loans2015-12-31$0
Total contributions received or receivable from employer(s)2015-12-31$105,578
Expenses. Administrative service providers (salaries,fees and commissions)2015-12-31$8,784
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-12-31$0

Form 5500 Responses for MIKE ZIMMERMAN WELL SERVICE 401(K) PROFIT SHARING PLAN & TRUST

2019: MIKE ZIMMERMAN WELL SERVICE 401(K) PROFIT SHARING PLAN & TRUST 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: MIKE ZIMMERMAN WELL SERVICE 401(K) PROFIT SHARING PLAN & TRUST 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: MIKE ZIMMERMAN WELL SERVICE 401(K) PROFIT SHARING PLAN & TRUST 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: MIKE ZIMMERMAN WELL SERVICE 401(K) PROFIT SHARING PLAN & TRUST 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
2015: MIKE ZIMMERMAN WELL SERVICE 401(K) PROFIT SHARING PLAN & TRUST 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – InsuranceYes
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement – InsuranceYes
2015-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

GREAT-WEST LIFE & ANNUITY INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 68322 )
Policy contract number374299-01
Policy instance 1
Insurance contract or identification number374299-01
Number of Individuals Covered1
Insurance policy start date2019-01-01
Insurance policy end date2019-12-31
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
GREAT-WEST LIFE & ANNUITY INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 68322 )
Policy contract number374299-01
Policy instance 1
Insurance contract or identification number374299-01
Number of Individuals Covered1
Insurance policy start date2018-01-01
Insurance policy end date2018-12-31
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
GREAT-WEST LIFE & ANNUITY INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 68322 )
Policy contract number374299-01
Policy instance 1
Insurance contract or identification number374299-01
Number of Individuals Covered20
Insurance policy start date2017-01-01
Insurance policy end date2017-12-31
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?No
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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