Panhandle Oilfield Service Companies, Inc. 401k Profit Sharing Plan — Form 5500 plan (Panhandle Oilfield Service Companies, 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, Panhandle Oilfield Service Companies, Inc. 401k Profit Sharing Plan is a benefit plan reported by Panhandle Oilfield Service Companies, Inc. under EIN 48-1109486 and plan number 001. The latest loaded filing year is 2023. The filing reports 255 participants and $1,471,023 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$1.5MPlan net assets, end of year$1,470,845
Participants255Covered participants reported
Assets / participant$5.8KComputed: assets ÷ participants$5,769 (computed)
Provider compensation$16K4 Schedule C provider row(s)$16,027
Plan sponsor
Panhandle Oilfield Service Companies, Inc.
EIN
48-1109486
Plan number
001
Plan type
2
Location
Oklahoma City, OK
Latest filing year
2023
How to read this plan profile
  • Net assets = total assets minus total liabilities, end of year (Schedule H/I).
  • Assets / participant is computed (assets ÷ reported participants) — a ratio, not a filed figure.
  • Schedule chips (Sch H / I / C) show which schedules each filing includes.
  • Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
  • Figures are reported as filed, in whole dollars; verify against the official DOL/EBSA record before relying on them.
EFAST2 filings

Form 5500 filing history

Each loaded annual filing for this plan. Open one for its full reported snapshot.

  1. 2023
    255 participants · 2Sch HSch C
    View filing →
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)$1.5M total assets
Net assets$1.5MLiabilities$178
Money in vs. money out
Total income / additions$516.5K
Total expenses$131K
Benefits paid / distributions$108.4K
Contributions
Employer$86.4K
Participant$136.5K
Full reported line items

Net assets

Total assets (EOY)
$1,471,023
Total liabilities (EOY)
$178
Net assets (EOY)
$1,470,845
Net assets (BOY)
$1,085,347

Income & contributions

Employer contributions
$86,363
Participant contributions
$136,507
Total contributions
$314,742
Total income / additions
$516,466

Expenses & distributions

Benefits paid
$108,438
Administrative expenses
$12,905
Total expenses
$130,968
Net increase / (decrease)
$385,498
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.

Contribution share (employer vs. participant)
Employer 39%Participant 61%
Total expenses ÷ net assets9%Computed ratio
Benefits paid ÷ total income21%Computed ratio
Provider comp. ÷ net assets1%Computed ratio
Schedule C

Service provider compensation

Reported direct + indirect compensation per provider, ranked. Bars show relative scale.

  1. 1
    RECORDKEEPER · Direct $11.1K · Indirect $0
  2. 2
    BROKER · Direct $0 · Indirect $3K
  3. 3
    RECORDKEEPER · Direct $1.6K · Indirect $147
  4. 4
    INVESTMENT ADVISOR · Direct $241

What to inspect next

Frequently asked questions

Who sponsors the Panhandle Oilfield Service Companies, Inc. 401k Profit Sharing Plan?
Panhandle Oilfield Service Companies, Inc. 401k Profit Sharing Plan is reported as sponsored by Panhandle Oilfield Service Companies, Inc. (EIN 48-1109486, plan number 001) in public Form 5500 filings.
What is the most recent Form 5500 filing year for Panhandle Oilfield Service Companies, Inc. 401k Profit Sharing Plan?
The latest Form 5500 filing year loaded for Panhandle Oilfield Service Companies, Inc. 401k Profit Sharing Plan is 2023.
How many participants does Panhandle Oilfield Service Companies, Inc. 401k Profit Sharing Plan report?
Panhandle Oilfield Service Companies, Inc. 401k Profit Sharing Plan reports 255 participants in its latest loaded Form 5500 filing.
What are the reported plan assets for Panhandle Oilfield Service Companies, Inc. 401k Profit Sharing Plan?
Panhandle Oilfield Service Companies, Inc. 401k Profit Sharing Plan reports $1,471,023 in end-of-year plan assets in its latest loaded Form 5500 filing.
Form 5500 terms, in plain English
Form 5500
The annual report most U.S. employee benefit plans file with the Department of Labor through the EFAST2 system. It documents the plan sponsor, participants, finances, and service-provider compensation.
Schedule H
The financial statement for larger plans (generally 100+ participants): assets, liabilities, net assets, income, expenses, and the net change.
Schedule I
The condensed financial statement for smaller plans, covering the same kinds of figures in less detail.
Schedule C
Reports compensation paid to the plan’s service providers — both direct and indirect.
Net assets
Total assets minus total liabilities at the end of the year — what the plan holds for participants.
Employer / participant contributions
Money contributed to the plan by the employer and by participants during the year.

Figures are reported as filed and may contain errors or omissions. Verify against the official DOL/EBSA record before relying on any value.

Related Form 5500 pages