Golden State Drilling, Inc. 401(K) Profit Sharing Plan — Form 5500 plan (Golden State 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, Golden State Drilling, Inc. 401(K) Profit Sharing Plan is a benefit plan reported by Golden State Drilling, Inc. under EIN 95-3152814 and plan number 002. The latest loaded filing year is 2023. The filing reports 151 participants and $5,828,315 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$5.8MPlan net assets, end of year$5,828,315
Participants151Covered participants reported
Assets / participant$38.6KComputed: assets ÷ participants$38,598 (computed)
Provider compensation$33.9K2 Schedule C provider row(s)$33,911
Plan sponsor
Golden State Drilling, Inc.
EIN
95-3152814
Plan number
002
Plan type
2
Location
Bakersfield, CA
Latest filing year
2023
How to read this plan profile
  • Net assets = total assets minus total liabilities, end of year (Schedule H/I).
  • Assets / participant is computed (assets ÷ reported participants) — a ratio, not a filed figure.
  • Schedule chips (Sch H / I / C) show which schedules each filing includes.
  • Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
  • Figures are reported as filed, in whole dollars; verify against the official DOL/EBSA record before relying on them.
EFAST2 filings

Form 5500 filing history

Each loaded annual filing for this plan. Open one for its full reported snapshot.

  1. 2023
    151 participants · 2Sch HSch C
    View filing →
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)$5.8M total assets
Net assets$5.8MLiabilities$0
Money in vs. money out
Total income / additions$1.2M
Total expenses$666K
Benefits paid / distributions$629.9K
Contributions
Employer$19K
Participant$352.4K
Full reported line items

Net assets

Total assets (EOY)
$5,828,315
Total liabilities (EOY)
$0
Net assets (EOY)
$5,828,315
Net assets (BOY)
$5,287,230

Income & contributions

Employer contributions
$18,966
Participant contributions
$352,394
Total contributions
$371,360
Total income / additions
$1,207,051

Expenses & distributions

Benefits paid
$629,927
Administrative expenses
$33,911
Total expenses
$665,966
Net increase / (decrease)
$541,085
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.

Contribution share (employer vs. participant)
Employer 5%Participant 95%
Total expenses ÷ net assets11%Computed ratio
Benefits paid ÷ total income52%Computed ratio
Provider comp. ÷ net assets1%Computed ratio
Schedule C

Service provider compensation

Reported direct + indirect compensation per provider, ranked. Bars show relative scale.

  1. 1
    ADVISOR · Direct $22.3K
  2. 2
    RECORDKEEPER · Direct $11.6K

What to inspect next

Frequently asked questions

Who sponsors the Golden State Drilling, Inc. 401(K) Profit Sharing Plan?
Golden State Drilling, Inc. 401(K) Profit Sharing Plan is reported as sponsored by Golden State Drilling, Inc. (EIN 95-3152814, plan number 002) in public Form 5500 filings.
What is the most recent Form 5500 filing year for Golden State Drilling, Inc. 401(K) Profit Sharing Plan?
The latest Form 5500 filing year loaded for Golden State Drilling, Inc. 401(K) Profit Sharing Plan is 2023.
How many participants does Golden State Drilling, Inc. 401(K) Profit Sharing Plan report?
Golden State Drilling, Inc. 401(K) Profit Sharing Plan reports 151 participants in its latest loaded Form 5500 filing.
What are the reported plan assets for Golden State Drilling, Inc. 401(K) Profit Sharing Plan?
Golden State Drilling, Inc. 401(K) Profit Sharing Plan reports $5,828,315 in end-of-year plan assets in its latest loaded Form 5500 filing.
Form 5500 terms, in plain English
Form 5500
The annual report most U.S. employee benefit plans file with the Department of Labor through the EFAST2 system. It documents the plan sponsor, participants, finances, and service-provider compensation.
Schedule H
The financial statement for larger plans (generally 100+ participants): assets, liabilities, net assets, income, expenses, and the net change.
Schedule I
The condensed financial statement for smaller plans, covering the same kinds of figures in less detail.
Schedule C
Reports compensation paid to the plan’s service providers — both direct and indirect.
Net assets
Total assets minus total liabilities at the end of the year — what the plan holds for participants.
Employer / participant contributions
Money contributed to the plan by the employer and by participants during the year.

Figures are reported as filed and may contain errors or omissions. Verify against the official DOL/EBSA record before relying on any value.

Related Form 5500 pages