2023 Form 5500 filing — Abaco Drilling Technologies LLC 401(K) 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 20240628052714NAL0000152433001) for Abaco Drilling Technologies LLC 401(K) Plan, reported by Abaco Drilling Technologies LLC under EIN 27-2988638 and plan number 001. It reports 189 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$11.8MReported net assets$11,825,061
Participants189
Provider compensation$26.9K2 Schedule C row(s)$26,880
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20240628052714NAL0000152433001
Plan sponsor
Abaco Drilling Technologies LLC
EIN
27-2988638
Plan number
001
Location
Houston, TX
Received date
not reported in the loaded dataset
How to read this filing
  • This is a single annual Form 5500 filing, identified by its EFAST2 acknowledgement id.
  • Schedule chips (Sch H / I / C) show which schedules this filing includes.
  • Net assets = total assets minus total liabilities (Schedule H/I).
  • Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
  • For the plan's full history, open the plan profile.
Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$11.8M total assets
Net assets$11.8MLiabilities$0
Money in vs. money out
Total income / additions$3.3M
Total expenses$371.1K
Benefits paid / distributions$327.2K
Contributions
Employer$544.6K
Participant$1M
Full reported line items
Total assets (EOY)
$11,825,061
Total liabilities (EOY)
$0
Net assets (EOY)
$11,825,061
Employer contributions
$544,568
Participant contributions
$1,030,030
Total income / additions
$3,334,220
Benefits paid
$327,244
Administrative expenses
$26,881
Total expenses
$371,144
Net increase / (decrease)
$2,963,076
Schedule C

Reported service provider compensation

Compensation reported on the 2023 filing, ranked by reported total.

  1. 1
    CONSULTANT · Direct $18.7K · Indirect $0
  2. 2
    RECORD KEEPER · Direct $8.1K · Indirect $0

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20240628052714NAL0000152433001 cover?
It is the 2023 Form 5500 filing for Abaco Drilling Technologies LLC 401(K) Plan, reported by Abaco Drilling Technologies LLC (EIN 27-2988638).
Which Form 5500 schedules are attached to this 2023 filing?
Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Related Form 5500 pages