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, Cyclone Drilling, Inc. 401(K) Plan is a benefit plan reported by Cyclone Drilling, Inc. under EIN 83-0222580 and plan number 002. The latest loaded filing year is 2023. The filing reports 403 participants and $15,086,980 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $15,086,980
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $15,086,980
- Net assets (BOY)
- $11,960,812
Income & contributions
- Employer contributions
- $791,937
- Participant contributions
- $1,432,770
- Total contributions
- $2,224,707
- Total income / additions
- $4,607,578
Expenses & distributions
- Benefits paid
- $1,350,150
- Administrative expenses
- $69,113
- Total expenses
- $1,481,410
- Net increase / (decrease)
- $3,126,168