Parent Petroleum, Inc. 401(K) Plan — Form 5500 plan (Parent Petroleum, Inc.)
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, Parent Petroleum, Inc. 401(K) Plan is a benefit plan reported by Parent Petroleum, Inc. under EIN 36-3257313 and plan number 002. The latest loaded filing year is 2023. The filing reports 351 participants and $6,975,564 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$7MPlan net assets, end of year$6,975,564
Participants351Covered participants reported
Assets / participant$19.9KComputed: assets ÷ participants$19,873 (computed)
Provider compensation$49K2 Schedule C provider row(s)$48,978
- Plan sponsor
- Parent Petroleum, Inc.
- EIN
- 36-3257313
- Plan number
- 002
- Plan type
- 2
- Location
- Saint Charles, IL
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 351 | H, C | 20240731134447NAL0014367795001 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$7M total assets
Net assets$7MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $6,975,564
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $6,975,564
- Net assets (BOY)
- $5,363,739
Income & contributions
- Employer contributions
- $374,343
- Participant contributions
- $830,730
- Total contributions
- $1,294,331
- Total income / additions
- $2,241,905
Expenses & distributions
- Benefits paid
- $580,658
- Administrative expenses
- $49,422
- Total expenses
- $630,080
- Net increase / (decrease)
- $1,611,825
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
31%69%
Employer 31%Participant 69%
Total expenses ÷ net assets9%Computed ratio
Benefits paid ÷ total income26%Computed ratio
Provider comp. ÷ net assets1%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $31,353 | $0 | 2023 |
| Global Retirement Partners LLC | ADVISOR | $17,625 | not reported in the loaded dataset | 2023 |