Davidson Oil Company 401(K) Plan — Form 5500 plan (Davidson Oil Company)
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, Davidson Oil Company 401(K) Plan is a benefit plan reported by Davidson Oil Company under EIN 75-1569759 and plan number 001. The latest loaded filing year is 2023. The filing reports 151 participants and $3,164,650 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$3.2MPlan net assets, end of year$3,164,650
Participants151Covered participants reported
Assets / participant$21KComputed: assets ÷ participants$20,958 (computed)
Provider compensation$33.3K3 Schedule C provider row(s)$33,346
- Plan sponsor
- Davidson Oil Company
- EIN
- 75-1569759
- Plan number
- 001
- Plan type
- 2
- Location
- Amarillo, TX
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 151 | H, C | 20241011161054NAL0022294353001 |
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)$3.2M total assets
Net assets$3.2MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $3,164,650
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $3,164,650
- Net assets (BOY)
- $2,503,189
Income & contributions
- Employer contributions
- $47,700
- Participant contributions
- $409,520
- Total contributions
- $463,811
- Total income / additions
- $910,600
Expenses & distributions
- Benefits paid
- $203,997
- Administrative expenses
- $33,346
- Total expenses
- $249,139
- Net increase / (decrease)
- $661,461
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.
90%
Employer 10%Participant 90%
Total expenses ÷ net assets8%Computed ratio
Benefits paid ÷ total income22%Computed ratio
Provider comp. ÷ net assets1%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Insurance Company O | RECORDKEEPER | $19,487 | $0 | 2023 |
| Amarillo National Bank | INVESTMENT ADVISOR | $12,152 | not reported in the loaded dataset | 2023 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $1,707 | not reported in the loaded dataset | 2023 |