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ACCESS SOIL DRILLING, INC. 401(K) PROFIT SHARING PLAN AND TRUST 401k Plan overview

Plan NameACCESS SOIL DRILLING, INC. 401(K) PROFIT SHARING PLAN AND TRUST
Plan identification number 002

ACCESS SOIL DRILLING, INC. 401(K) PROFIT SHARING PLAN AND 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
  • 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.
  • Partial participant-directed account plan - Participants have the opportunity to direct the investment of a portion of 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.
  • Participant-directed brokerage accounts provided as an investment option under the plan.
  • 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

ACCESS SOIL DRILLING, INC. has sponsored the creation of one or more 401k plans.

Company Name:ACCESS SOIL DRILLING, INC.
Employer identification number (EIN):943097746
NAIC Classification:541330
NAIC Description:Engineering Services

Form 5500 Filing Information

Submission information for form 5500 for 401k plan ACCESS SOIL DRILLING, INC. 401(K) PROFIT SHARING PLAN AND TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022022-01-01LAWRENCE BACHMAN2023-06-07
0022021-01-01LAWRENCE BACHMAN2022-10-10
0022020-01-01
0022019-01-01
0022018-01-01LAWRENCE BACHMAN
0022017-01-01LAWRENCE BACHMAN
0022016-01-01LAWRENCE BACHMAN
0022015-01-01LAWRENCE BACHMAN
0022014-01-01LAWRENCE BACHMAN
0022013-01-01LAWRENCE BACHMAN
0022012-01-01LAWRENCE BACHMAN
0022011-01-01LAWRENCE BACHMAN
0022009-01-01LAWRENCE BACHMAN
0022009-01-01LAWRENCE BACHMAN

Plan Statistics for ACCESS SOIL DRILLING, INC. 401(K) PROFIT SHARING PLAN AND TRUST

401k plan membership statisitcs for ACCESS SOIL DRILLING, INC. 401(K) PROFIT SHARING PLAN AND TRUST

Measure Date Value
2020: ACCESS SOIL DRILLING, INC. 401(K) PROFIT SHARING PLAN AND TRUST 2020 401k membership
Total participants, beginning-of-year2020-01-018
Total number of active participants reported on line 7a of the Form 55002020-01-017
Total of all active and inactive participants2020-01-017
Total participants2020-01-017
Number of participants with account balances2020-01-017
2019: ACCESS SOIL DRILLING, INC. 401(K) PROFIT SHARING PLAN AND TRUST 2019 401k membership
Total participants, beginning-of-year2019-01-019
Total number of active participants reported on line 7a of the Form 55002019-01-017
Number of other retired or separated participants entitled to future benefits2019-01-011
Total of all active and inactive participants2019-01-018
Total participants2019-01-018
Number of participants with account balances2019-01-018
2018: ACCESS SOIL DRILLING, INC. 401(K) PROFIT SHARING PLAN AND TRUST 2018 401k membership
Total participants, beginning-of-year2018-01-0111
Total number of active participants reported on line 7a of the Form 55002018-01-018
Total of all active and inactive participants2018-01-018
Total participants2018-01-018
Number of participants with account balances2018-01-018
2017: ACCESS SOIL DRILLING, INC. 401(K) PROFIT SHARING PLAN AND TRUST 2017 401k membership
Total participants, beginning-of-year2017-01-0111
Number of other retired or separated participants entitled to future benefits2017-01-013
Total of all active and inactive participants2017-01-013
Total participants2017-01-013
Number of participants with account balances2017-01-0111
2016: ACCESS SOIL DRILLING, INC. 401(K) PROFIT SHARING PLAN AND TRUST 2016 401k membership
Total participants, beginning-of-year2016-01-0110
Total number of active participants reported on line 7a of the Form 55002016-01-017
Number of other retired or separated participants entitled to future benefits2016-01-012
Total of all active and inactive participants2016-01-019
Total participants2016-01-019
2015: ACCESS SOIL DRILLING, INC. 401(K) PROFIT SHARING PLAN AND TRUST 2015 401k membership
Total participants, beginning-of-year2015-01-0110
Total number of active participants reported on line 7a of the Form 55002015-01-018
Number of retired or separated participants receiving benefits2015-01-012
Total of all active and inactive participants2015-01-0110
Total participants2015-01-0110
2014: ACCESS SOIL DRILLING, INC. 401(K) PROFIT SHARING PLAN AND TRUST 2014 401k membership
Total participants, beginning-of-year2014-01-019
Total number of active participants reported on line 7a of the Form 55002014-01-017
Number of other retired or separated participants entitled to future benefits2014-01-012
Total of all active and inactive participants2014-01-019
Total participants2014-01-019
Number of participants with account balances2014-01-019
2013: ACCESS SOIL DRILLING, INC. 401(K) PROFIT SHARING PLAN AND TRUST 2013 401k membership
Total participants, beginning-of-year2013-01-019
Total number of active participants reported on line 7a of the Form 55002013-01-018
Total of all active and inactive participants2013-01-018
Total participants2013-01-018
2012: ACCESS SOIL DRILLING, INC. 401(K) PROFIT SHARING PLAN AND TRUST 2012 401k membership
Total participants, beginning-of-year2012-01-018
Total number of active participants reported on line 7a of the Form 55002012-01-017
Number of other retired or separated participants entitled to future benefits2012-01-011
Total of all active and inactive participants2012-01-018
Total participants2012-01-018
2011: ACCESS SOIL DRILLING, INC. 401(K) PROFIT SHARING PLAN AND TRUST 2011 401k membership
Total participants, beginning-of-year2011-01-018
Total number of active participants reported on line 7a of the Form 55002011-01-017
Number of other retired or separated participants entitled to future benefits2011-01-011
Total of all active and inactive participants2011-01-018
Total participants2011-01-018
Number of participants with account balances2011-01-018
2009: ACCESS SOIL DRILLING, INC. 401(K) PROFIT SHARING PLAN AND TRUST 2009 401k membership
Total participants, beginning-of-year2009-01-018
Total number of active participants reported on line 7a of the Form 55002009-01-017
Total of all active and inactive participants2009-01-017
Total participants2009-01-017
Number of participants with account balances2009-01-017

Financial Data on ACCESS SOIL DRILLING, INC. 401(K) PROFIT SHARING PLAN AND TRUST

Measure Date Value
2020 : ACCESS SOIL DRILLING, INC. 401(K) PROFIT SHARING PLAN AND TRUST 2020 401k financial data
Total income from all sources2020-12-31$616,644
Expenses. Total of all expenses incurred2020-12-31$92
Benefits paid (including direct rollovers)2020-12-31$92
Total plan assets at end of year2020-12-31$1,338,553
Total plan assets at beginning of year2020-12-31$722,001
Total contributions received or receivable from participants2020-12-31$48,950
Other income received2020-12-31$557,624
Net income (gross income less expenses)2020-12-31$616,552
Net plan assets at end of year (total assets less liabilities)2020-12-31$1,338,553
Net plan assets at beginning of year (total assets less liabilities)2020-12-31$722,001
Total contributions received or receivable from employer(s)2020-12-31$10,070
2019 : ACCESS SOIL DRILLING, INC. 401(K) PROFIT SHARING PLAN AND TRUST 2019 401k financial data
Total income from all sources2019-12-31$160,835
Expenses. Total of all expenses incurred2019-12-31$4,165
Benefits paid (including direct rollovers)2019-12-31$4,165
Total plan assets at end of year2019-12-31$722,001
Total plan assets at beginning of year2019-12-31$565,331
Total contributions received or receivable from participants2019-12-31$47,900
Other income received2019-12-31$99,151
Net income (gross income less expenses)2019-12-31$156,670
Net plan assets at end of year (total assets less liabilities)2019-12-31$722,001
Net plan assets at beginning of year (total assets less liabilities)2019-12-31$565,331
Total contributions received or receivable from employer(s)2019-12-31$13,784
2018 : ACCESS SOIL DRILLING, INC. 401(K) PROFIT SHARING PLAN AND TRUST 2018 401k financial data
Total income from all sources2018-12-31$17,155
Expenses. Total of all expenses incurred2018-12-31$2,320
Benefits paid (including direct rollovers)2018-12-31$2,320
Total plan assets at end of year2018-12-31$565,331
Total plan assets at beginning of year2018-12-31$550,496
Total contributions received or receivable from participants2018-12-31$46,900
Other income received2018-12-31$-42,480
Net income (gross income less expenses)2018-12-31$14,835
Net plan assets at end of year (total assets less liabilities)2018-12-31$565,331
Net plan assets at beginning of year (total assets less liabilities)2018-12-31$550,496
Total contributions received or receivable from employer(s)2018-12-31$12,735
2017 : ACCESS SOIL DRILLING, INC. 401(K) PROFIT SHARING PLAN AND TRUST 2017 401k financial data
Total income from all sources2017-12-31$77,486
Total plan assets at end of year2017-12-31$550,496
Total plan assets at beginning of year2017-12-31$473,010
Total contributions received or receivable from participants2017-12-31$45,600
Other income received2017-12-31$19,475
Net income (gross income less expenses)2017-12-31$77,486
Net plan assets at end of year (total assets less liabilities)2017-12-31$550,496
Net plan assets at beginning of year (total assets less liabilities)2017-12-31$473,010
Total contributions received or receivable from employer(s)2017-12-31$12,411
2016 : ACCESS SOIL DRILLING, INC. 401(K) PROFIT SHARING PLAN AND TRUST 2016 401k financial data
Total income from all sources2016-12-31$36,476
Expenses. Total of all expenses incurred2016-12-31$9,226
Benefits paid (including direct rollovers)2016-12-31$9,226
Total plan assets at end of year2016-12-31$473,010
Total plan assets at beginning of year2016-12-31$445,760
Total contributions received or receivable from participants2016-12-31$45,900
Other income received2016-12-31$-20,799
Net income (gross income less expenses)2016-12-31$27,250
Net plan assets at end of year (total assets less liabilities)2016-12-31$473,010
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$445,760
Total contributions received or receivable from employer(s)2016-12-31$11,375
2015 : ACCESS SOIL DRILLING, INC. 401(K) PROFIT SHARING PLAN AND TRUST 2015 401k financial data
Total income from all sources2015-12-31$21,151
Expenses. Total of all expenses incurred2015-12-31$7,890
Benefits paid (including direct rollovers)2015-12-31$7,890
Total plan assets at end of year2015-12-31$445,760
Total plan assets at beginning of year2015-12-31$432,499
Total contributions received or receivable from participants2015-12-31$44,700
Other income received2015-12-31$-35,194
Net income (gross income less expenses)2015-12-31$13,261
Net plan assets at end of year (total assets less liabilities)2015-12-31$445,760
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$432,499
Total contributions received or receivable from employer(s)2015-12-31$11,645
2014 : ACCESS SOIL DRILLING, INC. 401(K) PROFIT SHARING PLAN AND TRUST 2014 401k financial data
Total income from all sources2014-12-31$57,352
Expenses. Total of all expenses incurred2014-12-31$1,828
Benefits paid (including direct rollovers)2014-12-31$1,828
Total plan assets at end of year2014-12-31$432,499
Total plan assets at beginning of year2014-12-31$376,975
Total contributions received or receivable from participants2014-12-31$40,500
Other income received2014-12-31$5,057
Net income (gross income less expenses)2014-12-31$55,524
Net plan assets at end of year (total assets less liabilities)2014-12-31$432,499
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$376,975
Total contributions received or receivable from employer(s)2014-12-31$11,795
2013 : ACCESS SOIL DRILLING, INC. 401(K) PROFIT SHARING PLAN AND TRUST 2013 401k financial data
Total income from all sources2013-12-31$90,383
Expenses. Total of all expenses incurred2013-12-31$3,473
Benefits paid (including direct rollovers)2013-12-31$3,473
Total plan assets at end of year2013-12-31$376,975
Total plan assets at beginning of year2013-12-31$290,065
Total contributions received or receivable from participants2013-12-31$40,500
Other income received2013-12-31$39,862
Net income (gross income less expenses)2013-12-31$86,910
Net plan assets at end of year (total assets less liabilities)2013-12-31$376,975
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$290,065
Total contributions received or receivable from employer(s)2013-12-31$10,021
2012 : ACCESS SOIL DRILLING, INC. 401(K) PROFIT SHARING PLAN AND TRUST 2012 401k financial data
Total income from all sources2012-12-31$59,703
Total plan assets at end of year2012-12-31$290,065
Total plan assets at beginning of year2012-12-31$230,362
Total contributions received or receivable from participants2012-12-31$48,274
Other income received2012-12-31$11,429
Net income (gross income less expenses)2012-12-31$59,703
Net plan assets at end of year (total assets less liabilities)2012-12-31$290,065
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$230,362
2011 : ACCESS SOIL DRILLING, INC. 401(K) PROFIT SHARING PLAN AND TRUST 2011 401k financial data
Total income from all sources2011-12-31$475
Total plan assets at end of year2011-12-31$230,362
Total plan assets at beginning of year2011-12-31$229,887
Total contributions received or receivable from participants2011-12-31$38,500
Other income received2011-12-31$-47,141
Net income (gross income less expenses)2011-12-31$475
Net plan assets at end of year (total assets less liabilities)2011-12-31$230,362
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$229,887
Total contributions received or receivable from employer(s)2011-12-31$9,116
2010 : ACCESS SOIL DRILLING, INC. 401(K) PROFIT SHARING PLAN AND TRUST 2010 401k financial data
Total income from all sources2010-12-31$83,199
Total plan assets at end of year2010-12-31$229,887
Total plan assets at beginning of year2010-12-31$146,688
Total contributions received or receivable from participants2010-12-31$38,692
Other income received2010-12-31$35,737
Net income (gross income less expenses)2010-12-31$83,199
Net plan assets at end of year (total assets less liabilities)2010-12-31$229,887
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$146,688
Total contributions received or receivable from employer(s)2010-12-31$8,770

Form 5500 Responses for ACCESS SOIL DRILLING, INC. 401(K) PROFIT SHARING PLAN AND TRUST

2020: ACCESS SOIL DRILLING, INC. 401(K) PROFIT SHARING PLAN AND TRUST 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: ACCESS SOIL DRILLING, INC. 401(K) PROFIT SHARING PLAN AND TRUST 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: ACCESS SOIL DRILLING, INC. 401(K) PROFIT SHARING PLAN AND TRUST 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: ACCESS SOIL DRILLING, INC. 401(K) PROFIT SHARING PLAN AND TRUST 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: ACCESS SOIL DRILLING, INC. 401(K) PROFIT SHARING PLAN AND TRUST 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: ACCESS SOIL DRILLING, INC. 401(K) PROFIT SHARING PLAN AND TRUST 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: ACCESS SOIL DRILLING, INC. 401(K) PROFIT SHARING PLAN AND TRUST 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: ACCESS SOIL DRILLING, INC. 401(K) PROFIT SHARING PLAN AND TRUST 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: ACCESS SOIL DRILLING, INC. 401(K) PROFIT SHARING PLAN AND TRUST 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: ACCESS SOIL DRILLING, INC. 401(K) PROFIT SHARING PLAN AND TRUST 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2009: ACCESS SOIL DRILLING, INC. 401(K) PROFIT SHARING PLAN AND TRUST 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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