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, Palmdale Oil Company 401k is a benefit plan reported by Palmdale Oil Company, LLC under EIN 59-2358666 and plan number 001. The latest loaded filing year is 2023. The filing reports 178 participants and $5,545,018 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $5,545,018
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $5,545,018
- Net assets (BOY)
- $4,343,656
Income & contributions
- Employer contributions
- $353,680
- Participant contributions
- $663,112
- Total contributions
- $1,085,442
- Total income / additions
- $1,862,449
Expenses & distributions
- Benefits paid
- $643,329
- Administrative expenses
- $17,601
- Total expenses
- $661,087
- Net increase / (decrease)
- $1,201,362