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WESTERN STATES PETROLEUM, INC. PROFIT SHARING PLAN 401k Plan overview

Plan NameWESTERN STATES PETROLEUM, INC. PROFIT SHARING PLAN
Plan identification number 001

WESTERN STATES PETROLEUM, INC. PROFIT SHARING PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

NANI HALE PROPERTIES has sponsored the creation of one or more 401k plans.

Company Name:NANI HALE PROPERTIES
Employer identification number (EIN):870433045
NAIC Classification:531190
NAIC Description:Lessors of Other Real Estate Property

Form 5500 Filing Information

Submission information for form 5500 for 401k plan WESTERN STATES PETROLEUM, INC. PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012015-11-01WILLIAM S. PETERSON
0012014-11-01WILLIAM S. PETERSON
0012013-11-01WILLIAM S. PETERSON
0012012-11-01WILLIAM S. PETERSON

Plan Statistics for WESTERN STATES PETROLEUM, INC. PROFIT SHARING PLAN

401k plan membership statisitcs for WESTERN STATES PETROLEUM, INC. PROFIT SHARING PLAN

Measure Date Value
2015: WESTERN STATES PETROLEUM, INC. PROFIT SHARING PLAN 2015 401k membership
Total participants, beginning-of-year2015-11-012
Total number of active participants reported on line 7a of the Form 55002015-11-010
Number of retired or separated participants receiving benefits2015-11-010
Number of other retired or separated participants entitled to future benefits2015-11-010
Total of all active and inactive participants2015-11-010
Total participants2015-11-010
Number of participants with account balances2015-11-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-11-010
2014: WESTERN STATES PETROLEUM, INC. PROFIT SHARING PLAN 2014 401k membership
Total participants, beginning-of-year2014-11-012
Total number of active participants reported on line 7a of the Form 55002014-11-011
Number of other retired or separated participants entitled to future benefits2014-11-011
Total of all active and inactive participants2014-11-012
Total participants2014-11-012
Number of participants with account balances2014-11-012
2013: WESTERN STATES PETROLEUM, INC. PROFIT SHARING PLAN 2013 401k membership
Total participants, beginning-of-year2013-11-012
Total number of active participants reported on line 7a of the Form 55002013-11-011
Number of other retired or separated participants entitled to future benefits2013-11-011
Total of all active and inactive participants2013-11-012
Total participants2013-11-012
Number of participants with account balances2013-11-012
2012: WESTERN STATES PETROLEUM, INC. PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year2012-11-012
Total number of active participants reported on line 7a of the Form 55002012-11-011
Number of other retired or separated participants entitled to future benefits2012-11-011
Total of all active and inactive participants2012-11-012
Total participants2012-11-012
Number of participants with account balances2012-11-012

Financial Data on WESTERN STATES PETROLEUM, INC. PROFIT SHARING PLAN

Measure Date Value
2016 : WESTERN STATES PETROLEUM, INC. PROFIT SHARING PLAN 2016 401k financial data
Total income from all sources2016-06-30$-2,035
Expenses. Total of all expenses incurred2016-06-30$1,433,894
Benefits paid (including direct rollovers)2016-06-30$1,432,509
Total plan assets at end of year2016-06-30$0
Total plan assets at beginning of year2016-06-30$1,435,929
Value of fidelity bond covering the plan2016-06-30$200,000
Other income received2016-06-30$-2,035
Net income (gross income less expenses)2016-06-30$-1,435,929
Net plan assets at end of year (total assets less liabilities)2016-06-30$0
Net plan assets at beginning of year (total assets less liabilities)2016-06-30$1,435,929
Expenses. Administrative service providers (salaries,fees and commissions)2016-06-30$1,385
2015 : WESTERN STATES PETROLEUM, INC. PROFIT SHARING PLAN 2015 401k financial data
Total income from all sources2015-10-31$-124,417
Expenses. Total of all expenses incurred2015-10-31$62,520
Benefits paid (including direct rollovers)2015-10-31$57,186
Total plan assets at end of year2015-10-31$1,435,929
Total plan assets at beginning of year2015-10-31$1,622,866
Value of fidelity bond covering the plan2015-10-31$200,000
Assets. Value of loans (other than to participants)2015-10-31$0
Other income received2015-10-31$-124,417
Net income (gross income less expenses)2015-10-31$-186,937
Net plan assets at end of year (total assets less liabilities)2015-10-31$1,435,929
Net plan assets at beginning of year (total assets less liabilities)2015-10-31$1,622,866
Expenses. Administrative service providers (salaries,fees and commissions)2015-10-31$5,334
2014 : WESTERN STATES PETROLEUM, INC. PROFIT SHARING PLAN 2014 401k financial data
Total income from all sources2014-10-31$57,520
Expenses. Total of all expenses incurred2014-10-31$5,999
Total plan assets at end of year2014-10-31$1,622,866
Total plan assets at beginning of year2014-10-31$1,571,345
Value of fidelity bond covering the plan2014-10-31$200,000
Assets. Value of loans (other than to participants)2014-10-31$103,044
Other income received2014-10-31$57,520
Net income (gross income less expenses)2014-10-31$51,521
Net plan assets at end of year (total assets less liabilities)2014-10-31$1,622,866
Net plan assets at beginning of year (total assets less liabilities)2014-10-31$1,571,345
Expenses. Administrative service providers (salaries,fees and commissions)2014-10-31$5,999
2013 : WESTERN STATES PETROLEUM, INC. PROFIT SHARING PLAN 2013 401k financial data
Total income from all sources2013-10-31$200,183
Expenses. Total of all expenses incurred2013-10-31$4,704
Total plan assets at end of year2013-10-31$1,571,345
Total plan assets at beginning of year2013-10-31$1,375,866
Value of fidelity bond covering the plan2013-10-31$200,000
Assets. Value of loans (other than to participants)2013-10-31$250,000
Other income received2013-10-31$200,183
Net income (gross income less expenses)2013-10-31$195,479
Net plan assets at end of year (total assets less liabilities)2013-10-31$1,571,345
Net plan assets at beginning of year (total assets less liabilities)2013-10-31$1,375,866
Expenses. Administrative service providers (salaries,fees and commissions)2013-10-31$4,704

Form 5500 Responses for WESTERN STATES PETROLEUM, INC. PROFIT SHARING PLAN

2015: WESTERN STATES PETROLEUM, INC. PROFIT SHARING PLAN 2015 form 5500 responses
2015-11-01Type of plan entitySingle employer plan
2015-11-01This submission is the final filingYes
2015-11-01This return/report is a short plan year return/report (less than 12 months)Yes
2015-11-01Plan funding arrangement – TrustYes
2015-11-01Plan benefit arrangement - TrustYes
2014: WESTERN STATES PETROLEUM, INC. PROFIT SHARING PLAN 2014 form 5500 responses
2014-11-01Type of plan entitySingle employer plan
2014-11-01Plan funding arrangement – TrustYes
2014-11-01Plan benefit arrangement - TrustYes
2013: WESTERN STATES PETROLEUM, INC. PROFIT SHARING PLAN 2013 form 5500 responses
2013-11-01Type of plan entitySingle employer plan
2013-11-01Plan funding arrangement – TrustYes
2013-11-01Plan benefit arrangement - TrustYes
2012: WESTERN STATES PETROLEUM, INC. PROFIT SHARING PLAN 2012 form 5500 responses
2012-11-01Type of plan entitySingle employer plan
2012-11-01Plan funding arrangement – TrustYes
2012-11-01Plan benefit arrangement - TrustYes

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