Falcon Drilling Co LLC 401(K) Profit Sharing Plan And Trust — Form 5500 plan (Falcon Drilling Co LLC)
Plain-English plan 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, Falcon Drilling Co LLC 401(K) Profit Sharing Plan And Trust is a benefit plan reported by Falcon Drilling Co LLC under EIN 25-1885639 and plan number 001. The latest loaded filing year is 2023. The filing reports 240 participants and $3,182,874 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Falcon Drilling Co LLC
- EIN
- 25-1885639
- Plan number
- 001
- Plan type
- 2
- Location
- Carnegie, PA
- Latest filing year
- 2023
- Participants
- 240
- End-of-year plan assets
- $3,182,874
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 240 | H, C | 20241015131848NAL0014704723002 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $3,182,874
- Net assets (EOY)
- $3,182,874
- Net assets (BOY)
- $2,585,166
Income & contributions
- Employer contributions
- $164,487
- Participant contributions
- $294,576
- Total contributions
- $464,171
- Total income / additions
- $971,240
Expenses & distributions
- Benefits paid
- $344,167
- Administrative expenses
- $29,365
- Total expenses
- $373,532
- Net increase / (decrease)
- $597,708
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Schneider Downs Wealth Mgmt Adv. | INVESTMENT ADVISOR | $13,806 | not reported in the loaded dataset | 2023 |
| Schneider Downs Ret. Solutions | RECORDKEEPER | $13,562 | not reported in the loaded dataset | 2023 |