2023 Form 5500 filing — True Companies Employees Profit Sharing 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 20241014080004NAL0043806464001) for True Companies Employees Profit Sharing Plan, reported by True Drilling LLC under EIN 83-0171045 and plan number 001. It reports 1,336 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

EFAST2 acknowledgement
20241014080004NAL0043806464001
Filing year
2023
Form type
2
Plan sponsor
True Drilling LLC
EIN
83-0171045
Plan number
001
Location
Casper, WY
Participants
1,336
Schedules available
Schedule H, Schedule C
Received date
not reported in the loaded dataset

Reported financial snapshot (2023)

Total assets (EOY)
$126,793,761
Total liabilities (EOY)
$51,933
Net assets (EOY)
$126,741,828
Employer contributions
$7,046,521
Total income / additions
$23,544,414
Benefits paid
$5,982,040
Administrative expenses
$369,629
Total expenses
$6,351,669
Net increase / (decrease)
$17,192,745
Schedule source
Schedule H

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Raymond JamesNONE$266,746not reported in the loaded dataset
Hilltop National BankTRUSTEE$102,898not reported in the loaded dataset

Related Form 5500 pages