2023 Form 5500 filing — Preferred Drilling Solutions, Inc. Employee Stock Ownership Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240404132050NAL0026404722001) for Preferred Drilling Solutions, Inc. Employee Stock Ownership Plan, reported by Preferred Drilling Solutions, Inc. under EIN 59-3757298 and plan number 001. It reports 83 participants. Attached schedules in the loaded dataset include Schedule I (small plan financials).
- EFAST2 acknowledgement
- 20240404132050NAL0026404722001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Preferred Drilling Solutions, Inc.
- EIN
- 59-3757298
- Plan number
- 001
- Location
- Pinellas Park, FL
- Participants
- 83
- Schedules available
- Schedule I
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $3,418,127
- Total liabilities (EOY)
- $174,338
- Net assets (EOY)
- $3,243,789
- Employer contributions
- $237,831
- Total income / additions
- $422,629
- Benefits paid
- $191,377
- Administrative expenses
- $10
- Total expenses
- $196,982
- Net increase / (decrease)
- $225,647
- Schedule source
- Schedule I