Timberline Drilling, Inc. 401(K) Plan — Form 5500 plan (Timberline Drilling, 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, Timberline Drilling, Inc. 401(K) Plan is a benefit plan reported by Timberline Drilling, Inc. under EIN 82-0496451 and plan number 001. The latest loaded filing year is 2023. The filing reports 316 participants and $7,525,548 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$7.5MPlan net assets, end of year$7,525,548
Participants316Covered participants reported
Assets / participant$23.8KComputed: assets ÷ participants$23,815 (computed)
Provider compensation$53.2K3 Schedule C provider row(s)$53,183
- Plan sponsor
- Timberline Drilling, Inc.
- EIN
- 82-0496451
- Plan number
- 001
- Plan type
- 2
- Location
- Hayden Lake, ID
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 316 | H, C | 20240802134034NAL0024168065001 |
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)$7.5M total assets
Net assets$7.5MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $7,525,548
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $7,525,548
- Net assets (BOY)
- $5,918,921
Income & contributions
- Employer contributions
- $232,963
- Participant contributions
- $1,134,939
- Total contributions
- $1,367,902
- Total income / additions
- $2,396,973
Expenses & distributions
- Benefits paid
- $756,787
- Administrative expenses
- $31,916
- Total expenses
- $790,346
- Net increase / (decrease)
- $1,606,627
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.
17%83%
Employer 17%Participant 83%
Total expenses ÷ net assets11%Computed ratio
Benefits paid ÷ total income32%Computed ratio
Provider comp. ÷ net assets1%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $31,916 | $0 | 2023 |
| S B H U Life Agency Inc | OTHER SERVICES | $0 | $21,267 | 2023 |
| Wilshire Associates Incorporated | INVESTMENT ADVISORY | $0 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Timberline Drilling, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in ID
- 401(k) and benefit plan filings in Hayden Lake, ID
- Principal Life Insurance Company — Schedule C compensation
- S B H U Life Agency Inc — Schedule C compensation
- Wilshire Associates Incorporated — Schedule C compensation