Plan5500

True Companies Employees Profit Sharing Plan — Form 5500 plan (True Drilling LLC)

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, True Companies Employees Profit Sharing Plan is a benefit plan reported by True Drilling LLC under EIN 83-0171045 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,336 participants and $126,793,761 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
True Drilling LLC
EIN
83-0171045
Plan number
001
Plan type
2
Location
Casper, WY
Latest filing year
2023
Participants
1,336
End-of-year plan assets
$126,793,761

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,336H, C20241014080004NAL0043806464001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$126,793,761
Total liabilities (EOY)
$51,933
Net assets (EOY)
$126,741,828
Net assets (BOY)
$109,549,083

Income & contributions

Employer contributions
$7,046,521
Total contributions
$7,046,521
Total income / additions
$23,544,414

Expenses & distributions

Benefits paid
$5,982,040
Administrative expenses
$369,629
Total expenses
$6,351,669
Net increase / (decrease)
$17,192,745

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Raymond JamesNONE$266,746not reported in the loaded dataset2023
Hilltop National BankTRUSTEE$102,898not reported in the loaded dataset2023

Related Form 5500 pages