Filipponi & Thompson Drilling, Inc. Profit Sharing Plan — Form 5500 plan (Filipponi & Thompson 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, Filipponi & Thompson Drilling, Inc. Profit Sharing Plan is a benefit plan reported by Filipponi & Thompson Drilling, Inc. under EIN 95-3211634 and plan number 001. The latest loaded filing year is 2023. The filing reports 19 participants and $6,120,261 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$6.1MPlan net assets, end of year$6,120,261
Participants19Covered participants reported
Assets / participant$322.1KComputed: assets ÷ participants$322,119 (computed)
Provider compensationNone reported
Plan sponsor
Filipponi & Thompson Drilling, Inc.
EIN
95-3211634
Plan number
001
Plan type
2
Location
Atascadero, CA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202319I20250327142644NAL0026718288001
Schedule I · 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)$6.1M total assets
Net assets$6.1MLiabilities$0
Money in vs. money out
Total income / additions$464.1K
Total expenses$79.1K
Benefits paid / distributions$76.4K
Contributions
Employer$108.2K
Participant$0
Full reported line items

Net assets

Total assets (EOY)
$6,120,261
Total liabilities (EOY)
$0
Net assets (EOY)
$6,120,261
Net assets (BOY)
$5,735,336

Income & contributions

Employer contributions
$108,163
Participant contributions
$0
Total income / additions
$464,051

Expenses & distributions

Benefits paid
$76,351
Administrative expenses
$0
Total expenses
$79,126
Net increase / (decrease)
$384,925
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 100%Participant 0%
Total expenses ÷ net assets1%Computed ratio
Benefits paid ÷ total income16%Computed ratio

Service provider compensation (Schedule C)

No Schedule C service provider compensation is loaded for this plan yet.

Related Form 5500 pages