Packers Plus Energy Services (Usa) Inc. 401k Plan — Form 5500 plan (Packers Plus Energy Services (Usa) 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, Packers Plus Energy Services (Usa) Inc. 401k Plan is a benefit plan reported by Packers Plus Energy Services (Usa) Inc. under EIN 98-0438343 and plan number 001. The latest loaded filing year is 2023. The filing reports 83 participants and $7,920,175 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$7.9MPlan net assets, end of year$7,920,175
Participants83Covered participants reported
Assets / participant$95.4KComputed: assets ÷ participants$95,424 (computed)
Provider compensationNone reported
Plan sponsor
Packers Plus Energy Services (Usa) Inc.
EIN
98-0438343
Plan number
001
Plan type
2
Location
Tomball, TX
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202383I20240718152745NAL0012303218001
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)$7.9M total assets
Net assets$7.9MLiabilities$0
Money in vs. money out
Total income / additions$1.8M
Total expenses$965.9K
Benefits paid / distributions$969.2K
Contributions
Employer$96.4K
Participant$162.4K
Full reported line items

Net assets

Total assets (EOY)
$7,920,175
Total liabilities (EOY)
$0
Net assets (EOY)
$7,920,175
Net assets (BOY)
$7,053,616

Income & contributions

Employer contributions
$96,441
Participant contributions
$162,431
Total income / additions
$1,832,429

Expenses & distributions

Benefits paid
$969,184
Administrative expenses
-$3,314
Total expenses
$965,870
Net increase / (decrease)
$866,559
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 37%Participant 63%
Total expenses ÷ net assets12%Computed ratio
Benefits paid ÷ total income53%Computed ratio

Service provider compensation (Schedule C)

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

Related Form 5500 pages