401k Plan data: HKN, INC. 401(K) SAVINGS PLAN plan

HKN, INC. 401(K) SAVINGS PLAN 401k Plan overview

Plan Name	HKN, INC. 401(K) SAVINGS PLAN
Plan identification number	001

HKN, INC. 401(K) SAVINGS PLAN Benefits

401k Plan Type

Defined 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.
Participant-directed brokerage accounts provided as an investment option under the plan.
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.
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

HKN, INC. has sponsored the creation of one or more 401k plans.

Company Name: HKN, INC.

Employer identification number (EIN): 952841597

NAIC Classification: 211110
NAIC Description: Oil and Gas Extraction, Oil

Additional information about HKN, INC.

Jurisdiction of Incorporation: State of Delaware Division of Corporations

Incorporation Date: 1978-11-13

Company Identification Number: 0862807

Legal Registered Office Address: 1675 S State St Ste B

Dover
United States of America (USA)
19901

More information about HKN, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan HKN, INC. 401(K) SAVINGS PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2017-01-01 TRACY ELKINS
001 2017-01-01
001 2016-01-01 TRACY ELKINS
001 2015-01-01 TRACY ELKINS
001 2014-01-01 TRACY ELKINS
001 2013-01-01 TRACY FOWLER
001 2012-01-01 TRACY ELKINS
001 2011-01-01 TRACY ELKINS
001 2009-01-01 TRACY FOWLER ANNA WILLIAMS 2010-07-20

Plan id#	Filing Submission Date	Name of Administrator	Name of Company Sponsor	Date Sponsor Signed
001	2017-01-01	TRACY ELKINS
001	2017-01-01
001	2016-01-01	TRACY ELKINS
001	2015-01-01	TRACY ELKINS
001	2014-01-01	TRACY ELKINS
001	2013-01-01	TRACY FOWLER
001	2012-01-01	TRACY ELKINS
001	2011-01-01	TRACY ELKINS
001	2009-01-01	TRACY FOWLER	ANNA WILLIAMS	2010-07-20

Financial Data on HKN, INC. 401(K) SAVINGS PLAN

Measure	Date	Value
2025 : HKN, INC. 401(K) SAVINGS PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year	2025-05-12	12362
Net assets as of the end of the plan year	2025-05-12	2416577
Total assets as of the beginning of the plan year	2025-05-12	1924205
Participant contributions to plan in this plan year	2025-05-12	124377
Value of participant loans at end of plan year	2025-05-12	16646
Other income to plan in this plan year	2025-05-12	343884
Plan net income in this plan year	2025-05-12	492372
Net assets as of the end of the plan year	2025-05-12	2416577
Net assets as of the beginning of the plan year	2025-05-12	1924205
Employer contributions to plan in this plan year	2025-05-12	36473
Fees paid to broker by Benefit Provider	2025-05-12	11391
Expensese paid to adminstrative service provicers from plan in this plan year	2025-05-12	12362
2017 : HKN, INC. 401(K) SAVINGS PLAN 2017 401k financial data
Transfers to/from the plan	2017-03-31	$0
Total plan liabilities at end of year	2017-03-31	$0
Total plan liabilities at beginning of year	2017-03-31	$0
Total income from all sources	2017-03-31	$72,864
Expenses. Total of all expenses incurred	2017-03-31	$3,022,236
Benefits paid (including direct rollovers)	2017-03-31	$3,021,843
Total plan assets at end of year	2017-03-31	$0
Total plan assets at beginning of year	2017-03-31	$2,949,372
Value of fidelity bond covering the plan	2017-03-31	$275,000
Total contributions received or receivable from participants	2017-03-31	$0
Expenses. Other expenses not covered elsewhere	2017-03-31	$0
Contributions received from other sources (not participants or employers)	2017-03-31	$0
Other income received	2017-03-31	$72,780
Noncash contributions received	2017-03-31	$0
Net income (gross income less expenses)	2017-03-31	$-2,949,372
Net plan assets at end of year (total assets less liabilities)	2017-03-31	$0
Net plan assets at beginning of year (total assets less liabilities)	2017-03-31	$2,949,372
Total contributions received or receivable from employer(s)	2017-03-31	$84
Value of certain deemed distributions of participant loans	2017-03-31	$0
Value of corrective distributions	2017-03-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2017-03-31	$393
2016 : HKN, INC. 401(K) SAVINGS PLAN 2016 401k financial data
Transfers to/from the plan	2016-12-31	$0
Total plan liabilities at end of year	2016-12-31	$0
Total plan liabilities at beginning of year	2016-12-31	$0
Total income from all sources	2016-12-31	$579,085
Expenses. Total of all expenses incurred	2016-12-31	$590,819
Benefits paid (including direct rollovers)	2016-12-31	$589,262
Total plan assets at end of year	2016-12-31	$2,949,372
Total plan assets at beginning of year	2016-12-31	$2,961,106
Value of fidelity bond covering the plan	2016-12-31	$275,000
Total contributions received or receivable from participants	2016-12-31	$62,879
Expenses. Other expenses not covered elsewhere	2016-12-31	$0
Contributions received from other sources (not participants or employers)	2016-12-31	$201,151
Other income received	2016-12-31	$143,251
Noncash contributions received	2016-12-31	$0
Net income (gross income less expenses)	2016-12-31	$-11,734
Net plan assets at end of year (total assets less liabilities)	2016-12-31	$2,949,372
Net plan assets at beginning of year (total assets less liabilities)	2016-12-31	$2,961,106
Assets. Value of participant loans	2016-12-31	$0
Total contributions received or receivable from employer(s)	2016-12-31	$171,804
Value of certain deemed distributions of participant loans	2016-12-31	$0
Value of corrective distributions	2016-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2016-12-31	$1,557
2015 : HKN, INC. 401(K) SAVINGS PLAN 2015 401k financial data
Transfers to/from the plan	2015-12-31	$0
Total plan liabilities at end of year	2015-12-31	$0
Total plan liabilities at beginning of year	2015-12-31	$0
Total income from all sources	2015-12-31	$374,005
Expenses. Total of all expenses incurred	2015-12-31	$228,254
Benefits paid (including direct rollovers)	2015-12-31	$226,578
Total plan assets at end of year	2015-12-31	$2,961,106
Total plan assets at beginning of year	2015-12-31	$2,815,355
Value of fidelity bond covering the plan	2015-12-31	$275,000
Total contributions received or receivable from participants	2015-12-31	$162,668
Expenses. Other expenses not covered elsewhere	2015-12-31	$0
Contributions received from other sources (not participants or employers)	2015-12-31	$0
Other income received	2015-12-31	$16,693
Noncash contributions received	2015-12-31	$0
Net income (gross income less expenses)	2015-12-31	$145,751
Net plan assets at end of year (total assets less liabilities)	2015-12-31	$2,961,106
Net plan assets at beginning of year (total assets less liabilities)	2015-12-31	$2,815,355
Assets. Value of participant loans	2015-12-31	$70,811
Total contributions received or receivable from employer(s)	2015-12-31	$194,644
Value of certain deemed distributions of participant loans	2015-12-31	$0
Value of corrective distributions	2015-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2015-12-31	$1,676
2014 : HKN, INC. 401(K) SAVINGS PLAN 2014 401k financial data
Transfers to/from the plan	2014-12-31	$0
Total plan liabilities at end of year	2014-12-31	$0
Total plan liabilities at beginning of year	2014-12-31	$0
Total income from all sources	2014-12-31	$454,114
Expenses. Total of all expenses incurred	2014-12-31	$153,984
Benefits paid (including direct rollovers)	2014-12-31	$152,295
Total plan assets at end of year	2014-12-31	$2,815,355
Total plan assets at beginning of year	2014-12-31	$2,515,225
Value of fidelity bond covering the plan	2014-12-31	$275,000
Total contributions received or receivable from participants	2014-12-31	$197,856
Expenses. Other expenses not covered elsewhere	2014-12-31	$0
Contributions received from other sources (not participants or employers)	2014-12-31	$0
Other income received	2014-12-31	$101,925
Noncash contributions received	2014-12-31	$0
Net income (gross income less expenses)	2014-12-31	$300,130
Net plan assets at end of year (total assets less liabilities)	2014-12-31	$2,815,355
Net plan assets at beginning of year (total assets less liabilities)	2014-12-31	$2,515,225
Assets. Value of participant loans	2014-12-31	$67,152
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-102	2014-12-31	$0
Total contributions received or receivable from employer(s)	2014-12-31	$154,333
Value of certain deemed distributions of participant loans	2014-12-31	$0
Value of corrective distributions	2014-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2014-12-31	$1,689
2013 : HKN, INC. 401(K) SAVINGS PLAN 2013 401k financial data
Transfers to/from the plan	2013-12-31	$0
Total plan liabilities at end of year	2013-12-31	$0
Total income from all sources	2013-12-31	$497,318
Expenses. Total of all expenses incurred	2013-12-31	$6,679
Benefits paid (including direct rollovers)	2013-12-31	$5,038
Total plan assets at end of year	2013-12-31	$2,515,225
Total plan assets at beginning of year	2013-12-31	$2,024,586
Total contributions received or receivable from participants	2013-12-31	$153,030
Expenses. Other expenses not covered elsewhere	2013-12-31	$0
Contributions received from other sources (not participants or employers)	2013-12-31	$0
Other income received	2013-12-31	$269,517
Noncash contributions received	2013-12-31	$0
Net income (gross income less expenses)	2013-12-31	$490,639
Net plan assets at end of year (total assets less liabilities)	2013-12-31	$2,515,225
Net plan assets at beginning of year (total assets less liabilities)	2013-12-31	$2,024,586
Assets. Value of participant loans	2013-12-31	$12,867
Total contributions received or receivable from employer(s)	2013-12-31	$74,771
Value of certain deemed distributions of participant loans	2013-12-31	$0
Value of corrective distributions	2013-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2013-12-31	$1,641
2012 : HKN, INC. 401(K) SAVINGS PLAN 2012 401k financial data
Transfers to/from the plan	2012-12-31	$-2,305,640
Total income from all sources	2012-12-31	$707,302
Expenses. Total of all expenses incurred	2012-12-31	$1,030,781
Benefits paid (including direct rollovers)	2012-12-31	$1,026,778
Total plan assets at end of year	2012-12-31	$2,024,586
Total plan assets at beginning of year	2012-12-31	$4,653,705
Total contributions received or receivable from participants	2012-12-31	$289,714
Other income received	2012-12-31	$274,766
Net income (gross income less expenses)	2012-12-31	$-323,479
Net plan assets at end of year (total assets less liabilities)	2012-12-31	$2,024,586
Net plan assets at beginning of year (total assets less liabilities)	2012-12-31	$4,653,705
Assets. Value of participant loans	2012-12-31	$23,265
Total contributions received or receivable from employer(s)	2012-12-31	$142,822
Value of corrective distributions	2012-12-31	$2,416
Expenses. Administrative service providers (salaries,fees and commissions)	2012-12-31	$1,587
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2012-12-31	$0
2011 : HKN, INC. 401(K) SAVINGS PLAN 2011 401k financial data
Transfers to/from the plan	2011-12-31	$754,790
Total income from all sources	2011-12-31	$382,799
Expenses. Total of all expenses incurred	2011-12-31	$390,029
Benefits paid (including direct rollovers)	2011-12-31	$389,660
Total plan assets at end of year	2011-12-31	$4,653,705
Total plan assets at beginning of year	2011-12-31	$3,906,145
Total contributions received or receivable from participants	2011-12-31	$228,357
Other income received	2011-12-31	$-33,724
Net income (gross income less expenses)	2011-12-31	$-7,230
Net plan assets at end of year (total assets less liabilities)	2011-12-31	$4,653,705
Net plan assets at beginning of year (total assets less liabilities)	2011-12-31	$3,906,145
Assets. Value of participant loans	2011-12-31	$115,445
Total contributions received or receivable from employer(s)	2011-12-31	$188,166
Expenses. Administrative service providers (salaries,fees and commissions)	2011-12-31	$369
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2011-12-31	$0
2010 : HKN, INC. 401(K) SAVINGS PLAN 2010 401k financial data
Total income from all sources	2010-12-31	$601,092
Expenses. Total of all expenses incurred	2010-12-31	$10,552
Benefits paid (including direct rollovers)	2010-12-31	$10,552
Total plan assets at end of year	2010-12-31	$3,906,145
Total plan assets at beginning of year	2010-12-31	$3,315,605
Value of fidelity bond covering the plan	2010-12-31	$280,000
Total contributions received or receivable from participants	2010-12-31	$188,277
Other income received	2010-12-31	$221,232
Net income (gross income less expenses)	2010-12-31	$590,540
Net plan assets at end of year (total assets less liabilities)	2010-12-31	$3,906,145
Net plan assets at beginning of year (total assets less liabilities)	2010-12-31	$3,315,605
Assets. Value of participant loans	2010-12-31	$41,595
Total contributions received or receivable from employer(s)	2010-12-31	$191,583
2009 : HKN, INC. 401(K) SAVINGS PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2009-12-31	$0

Form 5500 Responses for HKN, INC. 401(K) SAVINGS PLAN

2017: HKN, INC. 401(K) SAVINGS PLAN 2017 form 5500 responses
2017-01-01	Type of plan entity	Single employer plan
2017-01-01	Submission has been amended	Yes
2017-01-01	This submission is the final filing	Yes
2017-01-01	This return/report is a short plan year return/report (less than 12 months)	Yes
2017-01-01	Plan is a collectively bargained plan	No
2017-01-01	Plan funding arrangement – Trust	Yes
2017-01-01	Plan benefit arrangement - Trust	Yes
2016: HKN, INC. 401(K) SAVINGS PLAN 2016 form 5500 responses
2016-01-01	Type of plan entity	Single employer plan
2016-01-01	Submission has been amended	No
2016-01-01	This submission is the final filing	No
2016-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2016-01-01	Plan is a collectively bargained plan	No
2016-01-01	Plan funding arrangement – Trust	Yes
2016-01-01	Plan benefit arrangement - Trust	Yes
2015: HKN, INC. 401(K) SAVINGS PLAN 2015 form 5500 responses
2015-01-01	Type of plan entity	Single employer plan
2015-01-01	Submission has been amended	No
2015-01-01	This submission is the final filing	No
2015-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2015-01-01	Plan is a collectively bargained plan	No
2015-01-01	Plan funding arrangement – Trust	Yes
2015-01-01	Plan benefit arrangement - Trust	Yes
2014: HKN, INC. 401(K) SAVINGS PLAN 2014 form 5500 responses
2014-01-01	Type of plan entity	Single employer plan
2014-01-01	Submission has been amended	No
2014-01-01	This submission is the final filing	No
2014-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2014-01-01	Plan is a collectively bargained plan	No
2014-01-01	Plan funding arrangement – Trust	Yes
2014-01-01	Plan benefit arrangement - Trust	Yes
2013: HKN, INC. 401(K) SAVINGS PLAN 2013 form 5500 responses
2013-01-01	Type of plan entity	Single employer plan
2013-01-01	Submission has been amended	No
2013-01-01	This submission is the final filing	No
2013-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2013-01-01	Plan is a collectively bargained plan	No
2013-01-01	Plan funding arrangement – Trust	Yes
2013-01-01	Plan benefit arrangement - Trust	Yes
2012: HKN, INC. 401(K) SAVINGS PLAN 2012 form 5500 responses
2012-01-01	Type of plan entity	Single employer plan
2012-01-01	Submission has been amended	No
2012-01-01	This submission is the final filing	No
2012-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2012-01-01	Plan funding arrangement – Trust	Yes
2012-01-01	Plan benefit arrangement - Trust	Yes
2011: HKN, INC. 401(K) SAVINGS PLAN 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	Submission has been amended	No
2011-01-01	This submission is the final filing	No
2011-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2011-01-01	Plan funding arrangement – Insurance	Yes
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement – Insurance	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes
2009: HKN, INC. 401(K) SAVINGS PLAN 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Submission has been amended	No
2009-01-01	This submission is the final filing	No
2009-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-01-01	Plan is a collectively bargained plan	No
2009-01-01	Plan funding arrangement – Insurance	Yes
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement – Insurance	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

Insurance Providers Used on plan

VOYA RETIRIEMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 86509 )
Policy contract number	ZH9313
Policy instance	1
VOYA RETIRIEMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 86509 )
Policy contract number	ZH9313
Policy instance	1

Was this data useful?

If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us. Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer

The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

Company Name:	HKN, INC.
Employer identification number (EIN):	952841597
NAIC Classification:	211110
NAIC Description:	Oil and Gas Extraction, Oil

Jurisdiction of Incorporation:	State of Delaware Division of Corporations
Incorporation Date:	1978-11-13
Company Identification Number:	0862807
Legal Registered Office Address:	1675 S State St Ste B Dover United States of America (USA) 19901