Logo

SURGE RESOURCES, INC. 401K SAVINGS PLAN 401k Plan overview

Plan NameSURGE RESOURCES, INC. 401K SAVINGS PLAN
Plan identification number 001

SURGE RESOURCES, INC. 401K SAVINGS PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • 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

SURGE RESOURCES, INC. has sponsored the creation of one or more 401k plans.

Company Name:SURGE RESOURCES, INC.
Employer identification number (EIN):020438856
NAIC Classification:561300

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SURGE RESOURCES, INC. 401K SAVINGS PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012020-01-01
0012019-01-01
0012018-01-01
0012017-01-01GEORGE ATTAR
0012016-01-01GEORGE ATTAR
0012015-01-01GEORGE ATTAR
0012014-01-01GEORGE ATTAR
0012013-01-01GEORGE MADORE
0012012-01-01GEORGE ATTAR
0012011-01-01GEORGE ATTAR
0012010-01-01GEORGE ATTAR
0012009-01-01GEORGE ATTAR

Plan Statistics for SURGE RESOURCES, INC. 401K SAVINGS PLAN

401k plan membership statisitcs for SURGE RESOURCES, INC. 401K SAVINGS PLAN

Measure Date Value
2020: SURGE RESOURCES, INC. 401K SAVINGS PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-011,727
Total number of active participants reported on line 7a of the Form 55002020-01-010
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-010
Total of all active and inactive participants2020-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-010
Number of participants with account balances2020-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-013
2019: SURGE RESOURCES, INC. 401K SAVINGS PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-012,135
Total number of active participants reported on line 7a of the Form 55002019-01-011,390
Number of retired or separated participants receiving benefits2019-01-015
Number of other retired or separated participants entitled to future benefits2019-01-01331
Total of all active and inactive participants2019-01-011,726
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-011
Total participants2019-01-011,727
Number of participants with account balances2019-01-01748
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-0120
2018: SURGE RESOURCES, INC. 401K SAVINGS PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-012,019
Total number of active participants reported on line 7a of the Form 55002018-01-011,869
Number of retired or separated participants receiving benefits2018-01-012
Number of other retired or separated participants entitled to future benefits2018-01-01235
Total of all active and inactive participants2018-01-012,106
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-011
Total participants2018-01-012,107
Number of participants with account balances2018-01-01715
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-0126
2017: SURGE RESOURCES, INC. 401K SAVINGS PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-011,135
Total number of active participants reported on line 7a of the Form 55002017-01-011,803
Number of retired or separated participants receiving benefits2017-01-016
Number of other retired or separated participants entitled to future benefits2017-01-01137
Total of all active and inactive participants2017-01-011,946
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-012
Total participants2017-01-011,948
Number of participants with account balances2017-01-01592
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-013
2016: SURGE RESOURCES, INC. 401K SAVINGS PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-011,042
Total number of active participants reported on line 7a of the Form 55002016-01-011,009
Number of other retired or separated participants entitled to future benefits2016-01-0198
Total of all active and inactive participants2016-01-011,107
Total participants2016-01-011,107
Number of participants with account balances2016-01-01487
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-012
2015: SURGE RESOURCES, INC. 401K SAVINGS PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-01687
Total number of active participants reported on line 7a of the Form 55002015-01-01922
Number of other retired or separated participants entitled to future benefits2015-01-0166
Total of all active and inactive participants2015-01-01988
Total participants2015-01-01988
Number of participants with account balances2015-01-01304
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-012
2014: SURGE RESOURCES, INC. 401K SAVINGS PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-01548
Total number of active participants reported on line 7a of the Form 55002014-01-01600
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-0156
Total of all active and inactive participants2014-01-01656
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-01656
Number of participants with account balances2014-01-01254
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-010
2013: SURGE RESOURCES, INC. 401K SAVINGS PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-01497
Total number of active participants reported on line 7a of the Form 55002013-01-01480
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-0162
Total of all active and inactive participants2013-01-01542
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-01542
Number of participants with account balances2013-01-01219
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-011
2012: SURGE RESOURCES, INC. 401K SAVINGS PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-01474
Total number of active participants reported on line 7a of the Form 55002012-01-01438
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-0159
Total of all active and inactive participants2012-01-01497
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-01497
Number of participants with account balances2012-01-01228
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010
2011: SURGE RESOURCES, INC. 401K SAVINGS PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-01441
Total number of active participants reported on line 7a of the Form 55002011-01-01399
Number of retired or separated participants receiving benefits2011-01-011
Number of other retired or separated participants entitled to future benefits2011-01-0159
Total of all active and inactive participants2011-01-01459
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-01459
Number of participants with account balances2011-01-01202
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-017
2010: SURGE RESOURCES, INC. 401K SAVINGS PLAN 2010 401k membership
Total participants, beginning-of-year2010-01-01486
Total number of active participants reported on line 7a of the Form 55002010-01-01377
Number of retired or separated participants receiving benefits2010-01-010
Number of other retired or separated participants entitled to future benefits2010-01-0157
Total of all active and inactive participants2010-01-01434
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-010
Total participants2010-01-01434
Number of participants with account balances2010-01-01200
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-011
2009: SURGE RESOURCES, INC. 401K SAVINGS PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-01672
Total number of active participants reported on line 7a of the Form 55002009-01-01417
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-0167
Total of all active and inactive participants2009-01-01484
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-01484
Number of participants with account balances2009-01-01239
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-0133

Financial Data on SURGE RESOURCES, INC. 401K SAVINGS PLAN

Measure Date Value
2020 : SURGE RESOURCES, INC. 401K SAVINGS PLAN 2020 401k financial data
Total transfer of assets to this plan2020-11-23$1,393,417
Total transfer of assets from this plan2020-11-23$33,091,847
Total income from all sources (including contributions)2020-11-23$6,790,023
Total of all expenses incurred2020-11-23$4,681,104
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-11-23$4,430,131
Expenses. Certain deemed distributions of participant loans2020-11-23$1,988
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-11-23$3,955,835
Value of total assets at end of year2020-11-23$0
Value of total assets at beginning of year2020-11-23$29,589,511
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-11-23$248,985
Total interest from all sources2020-11-23$34,353
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-11-23Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan2020-11-23$0
Was this plan covered by a fidelity bond2020-11-23Yes
Value of fidelity bond cover2020-11-23$500,000
If this is an individual account plan, was there a blackout period2020-11-23Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-11-23$0
Were there any nonexempt tranactions with any party-in-interest2020-11-23No
Contributions received from participants2020-11-23$2,316,573
Participant contributions at end of year2020-11-23$0
Participant contributions at beginning of year2020-11-23$514,991
Participant contributions at end of year2020-11-23$0
Participant contributions at beginning of year2020-11-23$62,759
Income. Received or receivable in cash from other sources (including rollovers)2020-11-23$964,765
Administrative expenses (other) incurred2020-11-23$219,685
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-11-23No
Value of net income/loss2020-11-23$2,108,919
Value of net assets at end of year (total assets less liabilities)2020-11-23$0
Value of net assets at beginning of year (total assets less liabilities)2020-11-23$29,589,511
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-11-23No
Were any loans by the plan or fixed income obligations due to the plan in default2020-11-23No
Were any leases to which the plan was party in default or uncollectible2020-11-23No
Investment advisory and management fees2020-11-23$29,300
Value of interest in pooled separate accounts at end of year2020-11-23$0
Value of interest in pooled separate accounts at beginning of year2020-11-23$26,787,522
Interest on participant loans2020-11-23$23,947
Interest earned on other investments2020-11-23$10,406
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2020-11-23$0
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2020-11-23$2,034,114
Net investment gain/loss from pooled separate accounts2020-11-23$2,799,835
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-11-23No
Was there a failure to transmit to the plan any participant contributions2020-11-23No
Has the plan failed to provide any benefit when due under the plan2020-11-23No
Contributions received in cash from employer2020-11-23$674,497
Employer contributions (assets) at end of year2020-11-23$0
Employer contributions (assets) at beginning of year2020-11-23$190,125
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-11-23$4,430,131
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32020-11-23Yes
Did the plan have assets held for investment2020-11-23Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-11-23No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-11-23Yes
Opinion of an independent qualified public accountant for this plan2020-11-23Unqualified
Accountancy firm name2020-11-23CARON & BLETZER, PLLC
Accountancy firm EIN2020-11-23043499945
2019 : SURGE RESOURCES, INC. 401K SAVINGS PLAN 2019 401k financial data
Total transfer of assets to this plan2019-12-31$135,243
Total transfer of assets from this plan2019-12-31$461,101
Total income from all sources (including contributions)2019-12-31$8,380,468
Total income from all sources (including contributions)2019-12-31$8,380,468
Total of all expenses incurred2019-12-31$2,474,743
Total of all expenses incurred2019-12-31$2,474,743
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$2,394,312
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$2,394,312
Expenses. Certain deemed distributions of participant loans2019-12-31$-35,623
Expenses. Certain deemed distributions of participant loans2019-12-31$-35,623
Value of total corrective distributions2019-12-31$2,019
Value of total corrective distributions2019-12-31$2,019
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$3,535,969
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$3,535,969
Value of total assets at end of year2019-12-31$29,589,511
Value of total assets at end of year2019-12-31$29,589,511
Value of total assets at beginning of year2019-12-31$24,009,644
Value of total assets at beginning of year2019-12-31$24,009,644
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$114,035
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$114,035
Total interest from all sources2019-12-31$56,222
Total interest from all sources2019-12-31$56,222
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Was this plan covered by a fidelity bond2019-12-31Yes
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$500,000
Value of fidelity bond cover2019-12-31$500,000
If this is an individual account plan, was there a blackout period2019-12-31No
If this is an individual account plan, was there a blackout period2019-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Contributions received from participants2019-12-31$2,654,332
Contributions received from participants2019-12-31$2,654,332
Participant contributions at end of year2019-12-31$514,991
Participant contributions at end of year2019-12-31$514,991
Participant contributions at beginning of year2019-12-31$314,782
Participant contributions at beginning of year2019-12-31$314,782
Participant contributions at end of year2019-12-31$62,759
Participant contributions at end of year2019-12-31$62,759
Participant contributions at beginning of year2019-12-31$93,771
Participant contributions at beginning of year2019-12-31$93,771
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$17,112
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$17,112
Administrative expenses (other) incurred2019-12-31$114,035
Administrative expenses (other) incurred2019-12-31$114,035
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Value of net income/loss2019-12-31$5,905,725
Value of net income/loss2019-12-31$5,905,725
Value of net assets at end of year (total assets less liabilities)2019-12-31$29,589,511
Value of net assets at end of year (total assets less liabilities)2019-12-31$29,589,511
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$24,009,644
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$24,009,644
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Value of interest in pooled separate accounts at end of year2019-12-31$26,787,522
Value of interest in pooled separate accounts at beginning of year2019-12-31$20,502,048
Value of interest in pooled separate accounts at beginning of year2019-12-31$20,502,048
Interest on participant loans2019-12-31$22,510
Interest on participant loans2019-12-31$22,510
Interest earned on other investments2019-12-31$33,712
Interest earned on other investments2019-12-31$33,712
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2019-12-31$2,034,114
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2019-12-31$2,034,114
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2019-12-31$2,939,946
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2019-12-31$2,939,946
Net investment gain/loss from pooled separate accounts2019-12-31$4,788,277
Net investment gain/loss from pooled separate accounts2019-12-31$4,788,277
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Contributions received in cash from employer2019-12-31$864,525
Contributions received in cash from employer2019-12-31$864,525
Employer contributions (assets) at end of year2019-12-31$190,125
Employer contributions (assets) at end of year2019-12-31$190,125
Employer contributions (assets) at beginning of year2019-12-31$159,097
Employer contributions (assets) at beginning of year2019-12-31$159,097
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$2,394,312
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$2,394,312
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32019-12-31No
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32019-12-31No
Did the plan have assets held for investment2019-12-31Yes
Did the plan have assets held for investment2019-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31Yes
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Accountancy firm name2019-12-31CARON & BLETZER, PLLC
Accountancy firm name2019-12-31CARON & BLETZER, PLLC
Accountancy firm EIN2019-12-31043499945
Accountancy firm EIN2019-12-31043499945
2018 : SURGE RESOURCES, INC. 401K SAVINGS PLAN 2018 401k financial data
Total transfer of assets from this plan2018-12-31$900,144
Total income from all sources (including contributions)2018-12-31$2,214,417
Total of all expenses incurred2018-12-31$2,442,267
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$2,275,350
Expenses. Certain deemed distributions of participant loans2018-12-31$40,932
Value of total corrective distributions2018-12-31$48,592
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$3,732,239
Value of total assets at end of year2018-12-31$24,009,644
Value of total assets at beginning of year2018-12-31$25,137,638
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$77,393
Total interest from all sources2018-12-31$40,249
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-12-31No
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$500,000
If this is an individual account plan, was there a blackout period2018-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0
Were there any nonexempt tranactions with any party-in-interest2018-12-31No
Contributions received from participants2018-12-31$2,543,766
Participant contributions at end of year2018-12-31$314,782
Participant contributions at beginning of year2018-12-31$214,252
Participant contributions at end of year2018-12-31$93,771
Participant contributions at beginning of year2018-12-31$122,038
Income. Received or receivable in cash from other sources (including rollovers)2018-12-31$396,793
Administrative expenses (other) incurred2018-12-31$77,393
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$-227,850
Value of net assets at end of year (total assets less liabilities)2018-12-31$24,009,644
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$25,137,638
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2018-12-31No
Were any leases to which the plan was party in default or uncollectible2018-12-31No
Value of interest in pooled separate accounts at end of year2018-12-31$20,502,048
Value of interest in pooled separate accounts at beginning of year2018-12-31$22,384,360
Interest on participant loans2018-12-31$14,752
Interest earned on other investments2018-12-31$25,497
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2018-12-31$2,939,946
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2018-12-31$2,157,298
Net investment gain/loss from pooled separate accounts2018-12-31$-1,558,071
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-12-31No
Was there a failure to transmit to the plan any participant contributions2018-12-31No
Has the plan failed to provide any benefit when due under the plan2018-12-31No
Contributions received in cash from employer2018-12-31$791,680
Employer contributions (assets) at end of year2018-12-31$159,097
Employer contributions (assets) at beginning of year2018-12-31$259,690
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$2,275,350
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32018-12-31No
Did the plan have assets held for investment2018-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-12-31Yes
Opinion of an independent qualified public accountant for this plan2018-12-31Disclaimer
Accountancy firm name2018-12-31CARON & BLETZER, PLLC
Accountancy firm EIN2018-12-31043499945
2017 : SURGE RESOURCES, INC. 401K SAVINGS PLAN 2017 401k financial data
Total transfer of assets to this plan2017-12-31$2,779,712
Total transfer of assets from this plan2017-12-31$238,598
Total income from all sources (including contributions)2017-12-31$6,390,460
Total of all expenses incurred2017-12-31$1,603,464
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$1,507,278
Expenses. Certain deemed distributions of participant loans2017-12-31$13,219
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$3,301,068
Value of total assets at end of year2017-12-31$25,137,638
Value of total assets at beginning of year2017-12-31$17,809,528
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$82,967
Total interest from all sources2017-12-31$41,939
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-12-31No
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$500,000
If this is an individual account plan, was there a blackout period2017-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
Were there any nonexempt tranactions with any party-in-interest2017-12-31No
Contributions received from participants2017-12-31$2,254,333
Participant contributions at end of year2017-12-31$214,252
Participant contributions at beginning of year2017-12-31$219,556
Participant contributions at end of year2017-12-31$122,038
Participant contributions at beginning of year2017-12-31$110,425
Income. Received or receivable in cash from other sources (including rollovers)2017-12-31$252,411
Value of other receiveables (less allowance for doubtful accounts) at end of year2017-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2017-12-31$0
Administrative expenses (other) incurred2017-12-31$82,967
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Value of net income/loss2017-12-31$4,786,996
Value of net assets at end of year (total assets less liabilities)2017-12-31$25,137,638
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$17,809,528
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2017-12-31No
Were any leases to which the plan was party in default or uncollectible2017-12-31No
Value of interest in pooled separate accounts at end of year2017-12-31$22,384,360
Value of interest in pooled separate accounts at beginning of year2017-12-31$14,963,584
Interest on participant loans2017-12-31$14,713
Interest earned on other investments2017-12-31$27,226
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2017-12-31$2,157,298
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2017-12-31$2,410,846
Net investment gain/loss from pooled separate accounts2017-12-31$3,047,453
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-12-31No
Was there a failure to transmit to the plan any participant contributions2017-12-31No
Has the plan failed to provide any benefit when due under the plan2017-12-31No
Contributions received in cash from employer2017-12-31$794,324
Employer contributions (assets) at end of year2017-12-31$259,690
Employer contributions (assets) at beginning of year2017-12-31$105,117
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$1,507,278
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32017-12-31No
Did the plan have assets held for investment2017-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-12-31Yes
Opinion of an independent qualified public accountant for this plan2017-12-31Disclaimer
Accountancy firm name2017-12-31CARON & BLETZER, PLLC
Accountancy firm EIN2017-12-31043499945
2016 : SURGE RESOURCES, INC. 401K SAVINGS PLAN 2016 401k financial data
Total transfer of assets to this plan2016-12-31$3,880,740
Total income from all sources (including contributions)2016-12-31$3,178,116
Total of all expenses incurred2016-12-31$763,740
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$656,757
Expenses. Certain deemed distributions of participant loans2016-12-31$6,924
Value of total corrective distributions2016-12-31$7,933
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$2,269,141
Value of total assets at end of year2016-12-31$17,809,528
Value of total assets at beginning of year2016-12-31$11,514,412
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$92,126
Total interest from all sources2016-12-31$16,677
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-12-31No
Was this plan covered by a fidelity bond2016-12-31Yes
Value of fidelity bond cover2016-12-31$500,000
If this is an individual account plan, was there a blackout period2016-12-31No
Were there any nonexempt tranactions with any party-in-interest2016-12-31No
Contributions received from participants2016-12-31$1,611,684
Participant contributions at end of year2016-12-31$219,556
Participant contributions at beginning of year2016-12-31$304,055
Participant contributions at end of year2016-12-31$110,425
Participant contributions at beginning of year2016-12-31$36,345
Income. Received or receivable in cash from other sources (including rollovers)2016-12-31$136,141
Other income not declared elsewhere2016-12-31$21,979
Administrative expenses (other) incurred2016-12-31$10,281
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Value of net income/loss2016-12-31$2,414,376
Value of net assets at end of year (total assets less liabilities)2016-12-31$17,809,528
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$11,514,412
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2016-12-31No
Were any leases to which the plan was party in default or uncollectible2016-12-31No
Value of interest in pooled separate accounts at end of year2016-12-31$14,963,584
Value of interest in pooled separate accounts at beginning of year2016-12-31$9,962,894
Interest on participant loans2016-12-31$16,677
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2016-12-31$2,410,846
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2016-12-31$1,142,106
Net investment gain/loss from pooled separate accounts2016-12-31$870,319
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-12-31No
Was there a failure to transmit to the plan any participant contributions2016-12-31No
Has the plan failed to provide any benefit when due under the plan2016-12-31No
Contributions received in cash from employer2016-12-31$521,316
Employer contributions (assets) at end of year2016-12-31$105,117
Employer contributions (assets) at beginning of year2016-12-31$69,012
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$656,757
Contract administrator fees2016-12-31$81,845
Did the plan have assets held for investment2016-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-12-31Yes
Opinion of an independent qualified public accountant for this plan2016-12-31Disclaimer
Accountancy firm name2016-12-31CARON & BLETZER, PLLC
Accountancy firm EIN2016-12-31043499945
2015 : SURGE RESOURCES, INC. 401K SAVINGS PLAN 2015 401k financial data
Total transfer of assets to this plan2015-12-31$337,476
Total transfer of assets from this plan2015-12-31$68,376
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2015-12-31$26,944
Total income from all sources (including contributions)2015-12-31$1,602,051
Total of all expenses incurred2015-12-31$804,816
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-12-31$731,500
Value of total corrective distributions2015-12-31$2,619
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-12-31$1,665,691
Value of total assets at end of year2015-12-31$11,514,412
Value of total assets at beginning of year2015-12-31$10,475,021
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-12-31$70,697
Total interest from all sources2015-12-31$10,345
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2015-12-31No
Was this plan covered by a fidelity bond2015-12-31Yes
Value of fidelity bond cover2015-12-31$500,000
If this is an individual account plan, was there a blackout period2015-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-12-31$0
Were there any nonexempt tranactions with any party-in-interest2015-12-31No
Contributions received from participants2015-12-31$985,394
Participant contributions at end of year2015-12-31$304,055
Participant contributions at beginning of year2015-12-31$254,575
Participant contributions at end of year2015-12-31$36,345
Participant contributions at beginning of year2015-12-31$20,986
Income. Received or receivable in cash from other sources (including rollovers)2015-12-31$310,183
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2015-12-31$26,944
Other income not declared elsewhere2015-12-31$15,203
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Value of net income/loss2015-12-31$797,235
Value of net assets at end of year (total assets less liabilities)2015-12-31$11,514,412
Value of net assets at beginning of year (total assets less liabilities)2015-12-31$10,448,077
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2015-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2015-12-31No
Were any leases to which the plan was party in default or uncollectible2015-12-31No
Value of interest in pooled separate accounts at end of year2015-12-31$9,962,894
Value of interest in pooled separate accounts at beginning of year2015-12-31$8,866,770
Interest on participant loans2015-12-31$10,345
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2015-12-31$1,142,106
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2015-12-31$1,313,576
Net investment gain/loss from pooled separate accounts2015-12-31$-89,188
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2015-12-31No
Was there a failure to transmit to the plan any participant contributions2015-12-31No
Has the plan failed to provide any benefit when due under the plan2015-12-31No
Contributions received in cash from employer2015-12-31$370,114
Employer contributions (assets) at end of year2015-12-31$69,012
Employer contributions (assets) at beginning of year2015-12-31$19,114
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-12-31$731,500
Contract administrator fees2015-12-31$70,697
Did the plan have assets held for investment2015-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2015-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2015-12-31Yes
Opinion of an independent qualified public accountant for this plan2015-12-31Disclaimer
Accountancy firm name2015-12-31CARON & BLETZER, PLLC
Accountancy firm EIN2015-12-31043499945
2014 : SURGE RESOURCES, INC. 401K SAVINGS PLAN 2014 401k financial data
Total transfer of assets to this plan2014-12-31$209,411
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$26,944
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$12,882
Total income from all sources (including contributions)2014-12-31$1,848,265
Total of all expenses incurred2014-12-31$448,611
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-12-31$360,444
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-12-31$1,325,093
Value of total assets at end of year2014-12-31$10,475,021
Value of total assets at beginning of year2014-12-31$8,851,894
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-12-31$88,167
Total interest from all sources2014-12-31$10,956
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2014-12-31No
Was this plan covered by a fidelity bond2014-12-31Yes
Value of fidelity bond cover2014-12-31$500,000
If this is an individual account plan, was there a blackout period2014-12-31No
Were there any nonexempt tranactions with any party-in-interest2014-12-31No
Contributions received from participants2014-12-31$840,955
Participant contributions at end of year2014-12-31$254,575
Participant contributions at beginning of year2014-12-31$268,109
Participant contributions at end of year2014-12-31$20,986
Participant contributions at beginning of year2014-12-31$30,773
Income. Received or receivable in cash from other sources (including rollovers)2014-12-31$201,478
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2014-12-31$26,944
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2014-12-31$12,882
Other income not declared elsewhere2014-12-31$19,257
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Value of net income/loss2014-12-31$1,399,654
Value of net assets at end of year (total assets less liabilities)2014-12-31$10,448,077
Value of net assets at beginning of year (total assets less liabilities)2014-12-31$8,839,012
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2014-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2014-12-31No
Were any leases to which the plan was party in default or uncollectible2014-12-31No
Value of interest in pooled separate accounts at end of year2014-12-31$8,866,770
Value of interest in pooled separate accounts at beginning of year2014-12-31$7,212,590
Interest on participant loans2014-12-31$10,956
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2014-12-31$1,313,576
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2014-12-31$1,333,895
Net investment gain/loss from pooled separate accounts2014-12-31$492,959
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2014-12-31No
Was there a failure to transmit to the plan any participant contributions2014-12-31No
Has the plan failed to provide any benefit when due under the plan2014-12-31No
Contributions received in cash from employer2014-12-31$282,660
Employer contributions (assets) at end of year2014-12-31$19,114
Employer contributions (assets) at beginning of year2014-12-31$6,527
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-12-31$360,444
Contract administrator fees2014-12-31$88,167
Did the plan have assets held for investment2014-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2014-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2014-12-31Yes
Opinion of an independent qualified public accountant for this plan2014-12-31Disclaimer
Accountancy firm name2014-12-31CARON & BLETZER, PLLC
Accountancy firm EIN2014-12-31043499945
2013 : SURGE RESOURCES, INC. 401K SAVINGS PLAN 2013 401k financial data
Total transfer of assets to this plan2013-12-31$505,969
Total transfer of assets from this plan2013-12-31$902,505
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$12,882
Total income from all sources (including contributions)2013-12-31$2,101,418
Total of all expenses incurred2013-12-31$382,154
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-12-31$297,236
Expenses. Certain deemed distributions of participant loans2013-12-31$7,016
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-12-31$881,985
Value of total assets at end of year2013-12-31$8,851,894
Value of total assets at beginning of year2013-12-31$7,516,284
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-12-31$77,902
Total interest from all sources2013-12-31$10,383
Was this plan covered by a fidelity bond2013-12-31Yes
Value of fidelity bond cover2013-12-31$500,000
If this is an individual account plan, was there a blackout period2013-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-12-31$0
Were there any nonexempt tranactions with any party-in-interest2013-12-31No
Contributions received from participants2013-12-31$690,277
Participant contributions at end of year2013-12-31$268,109
Participant contributions at beginning of year2013-12-31$236,914
Participant contributions at end of year2013-12-31$30,773
Income. Received or receivable in cash from other sources (including rollovers)2013-12-31$15,838
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2013-12-31$12,882
Other income not declared elsewhere2013-12-31$20,261
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Value of net income/loss2013-12-31$1,719,264
Value of net assets at end of year (total assets less liabilities)2013-12-31$8,839,012
Value of net assets at beginning of year (total assets less liabilities)2013-12-31$7,516,284
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2013-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2013-12-31No
Were any leases to which the plan was party in default or uncollectible2013-12-31No
Value of interest in pooled separate accounts at end of year2013-12-31$7,212,590
Value of interest in pooled separate accounts at beginning of year2013-12-31$5,874,075
Interest on participant loans2013-12-31$10,383
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2013-12-31$1,333,895
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2013-12-31$1,405,295
Net investment gain/loss from pooled separate accounts2013-12-31$1,188,789
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2013-12-31No
Was there a failure to transmit to the plan any participant contributions2013-12-31No
Has the plan failed to provide any benefit when due under the plan2013-12-31No
Contributions received in cash from employer2013-12-31$175,870
Employer contributions (assets) at end of year2013-12-31$6,527
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-12-31$297,236
Contract administrator fees2013-12-31$77,902
Did the plan have assets held for investment2013-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2013-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2013-12-31Yes
Opinion of an independent qualified public accountant for this plan2013-12-31Disclaimer
Accountancy firm name2013-12-31CARON & BLETZER PLLC
Accountancy firm EIN2013-12-31043499945
2012 : SURGE RESOURCES, INC. 401K SAVINGS PLAN 2012 401k financial data
Total unrealized appreciation/depreciation of assets2012-12-31$0
Total transfer of assets to this plan2012-12-31$1,092,232
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$0
Total income from all sources (including contributions)2012-12-31$1,584,975
Total loss/gain on sale of assets2012-12-31$0
Total of all expenses incurred2012-12-31$568,146
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$500,229
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-31$835,927
Value of total assets at end of year2012-12-31$7,516,284
Value of total assets at beginning of year2012-12-31$5,407,223
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$67,917
Total interest from all sources2012-12-31$12,304
Total dividends received (eg from common stock, registered investment company shares)2012-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-12-31No
Was this plan covered by a fidelity bond2012-12-31Yes
Value of fidelity bond cover2012-12-31$500,000
If this is an individual account plan, was there a blackout period2012-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
Were there any nonexempt tranactions with any party-in-interest2012-12-31No
Contributions received from participants2012-12-31$656,032
Participant contributions at end of year2012-12-31$236,914
Participant contributions at beginning of year2012-12-31$311,555
Income. Received or receivable in cash from other sources (including rollovers)2012-12-31$7,829
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Value of net income/loss2012-12-31$1,016,829
Value of net assets at end of year (total assets less liabilities)2012-12-31$7,516,284
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$5,407,223
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2012-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2012-12-31No
Were any leases to which the plan was party in default or uncollectible2012-12-31No
Value of interest in pooled separate accounts at end of year2012-12-31$5,874,075
Value of interest in pooled separate accounts at beginning of year2012-12-31$4,497,012
Interest on participant loans2012-12-31$12,304
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2012-12-31$1,405,295
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2012-12-31$598,656
Net investment gain/loss from pooled separate accounts2012-12-31$736,744
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-12-31No
Was there a failure to transmit to the plan any participant contributions2012-12-31No
Has the plan failed to provide any benefit when due under the plan2012-12-31No
Contributions received in cash from employer2012-12-31$172,066
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$500,229
Contract administrator fees2012-12-31$67,917
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32012-12-31No
Did the plan have assets held for investment2012-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2012-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-12-31No
Opinion of an independent qualified public accountant for this plan2012-12-31Unqualified
Accountancy firm name2012-12-31DAVID PICCHI CPA LLC
Accountancy firm EIN2012-12-31020522429
2011 : SURGE RESOURCES, INC. 401K SAVINGS PLAN 2011 401k financial data
Total unrealized appreciation/depreciation of assets2011-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$0
Total income from all sources (including contributions)2011-12-31$551,966
Total loss/gain on sale of assets2011-12-31$0
Total of all expenses incurred2011-12-31$474,402
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$386,760
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$732,003
Value of total assets at end of year2011-12-31$5,407,223
Value of total assets at beginning of year2011-12-31$5,329,659
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$87,642
Total interest from all sources2011-12-31$11,426
Total dividends received (eg from common stock, registered investment company shares)2011-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-12-31No
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$500,000
If this is an individual account plan, was there a blackout period2011-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
Were there any nonexempt tranactions with any party-in-interest2011-12-31No
Contributions received from participants2011-12-31$510,489
Participant contributions at end of year2011-12-31$311,555
Participant contributions at beginning of year2011-12-31$242,403
Participant contributions at beginning of year2011-12-31$15,768
Income. Received or receivable in cash from other sources (including rollovers)2011-12-31$101,554
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Value of net income/loss2011-12-31$77,564
Value of net assets at end of year (total assets less liabilities)2011-12-31$5,407,223
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$5,329,659
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2011-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2011-12-31No
Were any leases to which the plan was party in default or uncollectible2011-12-31No
Value of interest in pooled separate accounts at end of year2011-12-31$4,497,012
Value of interest in pooled separate accounts at beginning of year2011-12-31$4,356,793
Interest on participant loans2011-12-31$11,426
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2011-12-31$598,656
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2011-12-31$701,637
Net investment gain/loss from pooled separate accounts2011-12-31$-191,463
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-12-31No
Was there a failure to transmit to the plan any participant contributions2011-12-31No
Has the plan failed to provide any benefit when due under the plan2011-12-31No
Contributions received in cash from employer2011-12-31$119,960
Employer contributions (assets) at beginning of year2011-12-31$13,058
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$386,760
Contract administrator fees2011-12-31$87,642
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32011-12-31No
Did the plan have assets held for investment2011-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2011-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-12-31No
Opinion of an independent qualified public accountant for this plan2011-12-31Unqualified
Accountancy firm name2011-12-31DAVID PICCHI CPA LLC
Accountancy firm EIN2011-12-31020522429
2010 : SURGE RESOURCES, INC. 401K SAVINGS PLAN 2010 401k financial data
Total unrealized appreciation/depreciation of assets2010-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2010-12-31$0
Total income from all sources (including contributions)2010-12-31$1,495,132
Total loss/gain on sale of assets2010-12-31$0
Total of all expenses incurred2010-12-31$791,016
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$721,225
Total contributions o plan (from employers,participants, others, non cash contrinutions)2010-12-31$813,148
Value of total assets at end of year2010-12-31$5,329,659
Value of total assets at beginning of year2010-12-31$4,625,543
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$69,791
Total interest from all sources2010-12-31$8,663
Total dividends received (eg from common stock, registered investment company shares)2010-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2010-12-31No
Was this plan covered by a fidelity bond2010-12-31Yes
Value of fidelity bond cover2010-12-31$500,000
If this is an individual account plan, was there a blackout period2010-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
Were there any nonexempt tranactions with any party-in-interest2010-12-31No
Contributions received from participants2010-12-31$582,973
Participant contributions at end of year2010-12-31$242,403
Participant contributions at beginning of year2010-12-31$194,935
Participant contributions at end of year2010-12-31$15,768
Income. Received or receivable in cash from other sources (including rollovers)2010-12-31$62,636
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Value of net income/loss2010-12-31$704,116
Value of net assets at end of year (total assets less liabilities)2010-12-31$5,329,659
Value of net assets at beginning of year (total assets less liabilities)2010-12-31$4,625,543
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2010-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2010-12-31No
Were any leases to which the plan was party in default or uncollectible2010-12-31No
Value of interest in pooled separate accounts at end of year2010-12-31$4,356,793
Value of interest in pooled separate accounts at beginning of year2010-12-31$3,943,975
Interest on participant loans2010-12-31$8,663
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2010-12-31$701,637
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2010-12-31$486,633
Net investment gain/loss from pooled separate accounts2010-12-31$673,321
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2010-12-31No
Was there a failure to transmit to the plan any participant contributions2010-12-31No
Has the plan failed to provide any benefit when due under the plan2010-12-31No
Contributions received in cash from employer2010-12-31$167,539
Employer contributions (assets) at end of year2010-12-31$13,058
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$721,225
Contract administrator fees2010-12-31$69,791
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32010-12-31No
Did the plan have assets held for investment2010-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2010-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2010-12-31No
Opinion of an independent qualified public accountant for this plan2010-12-31Unqualified
Accountancy firm name2010-12-31DAVID PICCHI CPA LLC
Accountancy firm EIN2010-12-31020522429
2009 : SURGE RESOURCES, INC. 401K SAVINGS PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2009-12-31$0

Form 5500 Responses for SURGE RESOURCES, INC. 401K SAVINGS PLAN

2020: SURGE RESOURCES, INC. 401K SAVINGS PLAN 2020 form 5500 responses
2020-01-01Type of plan entityMulitple employer plan
2020-01-01This submission is the final filingYes
2020-01-01This return/report is a short plan year return/report (less than 12 months)Yes
2020-01-01Plan funding arrangement – InsuranceYes
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement – InsuranceYes
2020-01-01Plan benefit arrangement - TrustYes
2019: SURGE RESOURCES, INC. 401K SAVINGS PLAN 2019 form 5500 responses
2019-01-01Type of plan entityMulitple employer plan
2019-01-01Plan funding arrangement – InsuranceYes
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement – InsuranceYes
2019-01-01Plan benefit arrangement - TrustYes
2018: SURGE RESOURCES, INC. 401K SAVINGS PLAN 2018 form 5500 responses
2018-01-01Type of plan entityMulitple employer plan
2018-01-01Plan funding arrangement – InsuranceYes
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement – InsuranceYes
2018-01-01Plan benefit arrangement - TrustYes
2017: SURGE RESOURCES, INC. 401K SAVINGS PLAN 2017 form 5500 responses
2017-01-01Type of plan entityMulitple employer plan
2017-01-01Plan funding arrangement – InsuranceYes
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement – InsuranceYes
2017-01-01Plan benefit arrangement - TrustYes
2016: SURGE RESOURCES, INC. 401K SAVINGS PLAN 2016 form 5500 responses
2016-01-01Type of plan entityMulitple employer plan
2016-01-01Plan funding arrangement – InsuranceYes
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement – InsuranceYes
2016-01-01Plan benefit arrangement - TrustYes
2015: SURGE RESOURCES, INC. 401K SAVINGS PLAN 2015 form 5500 responses
2015-01-01Type of plan entityMulitple employer plan
2015-01-01Plan funding arrangement – InsuranceYes
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement – InsuranceYes
2015-01-01Plan benefit arrangement - TrustYes
2014: SURGE RESOURCES, INC. 401K SAVINGS PLAN 2014 form 5500 responses
2014-01-01Type of plan entityMulitple employer plan
2014-01-01Plan funding arrangement – InsuranceYes
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement – InsuranceYes
2014-01-01Plan benefit arrangement - TrustYes
2013: SURGE RESOURCES, INC. 401K SAVINGS PLAN 2013 form 5500 responses
2013-01-01Type of plan entityMulitple employer plan
2013-01-01Plan funding arrangement – InsuranceYes
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement – InsuranceYes
2013-01-01Plan benefit arrangement - TrustYes
2012: SURGE RESOURCES, INC. 401K SAVINGS PLAN 2012 form 5500 responses
2012-01-01Type of plan entityMulitple employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – InsuranceYes
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement – InsuranceYes
2012-01-01Plan benefit arrangement - TrustYes
2011: SURGE RESOURCES, INC. 401K SAVINGS PLAN 2011 form 5500 responses
2011-01-01Type of plan entityMulitple employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – InsuranceYes
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement – InsuranceYes
2011-01-01Plan benefit arrangement - TrustYes
2010: SURGE RESOURCES, INC. 401K SAVINGS PLAN 2010 form 5500 responses
2010-01-01Type of plan entityMulitple employer plan
2010-01-01Submission has been amendedNo
2010-01-01This submission is the final filingNo
2010-01-01This return/report is a short plan year return/report (less than 12 months)No
2010-01-01Plan is a collectively bargained planNo
2010-01-01Plan funding arrangement – InsuranceYes
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement – InsuranceYes
2010-01-01Plan benefit arrangement - TrustYes
2009: SURGE RESOURCES, INC. 401K SAVINGS PLAN 2009 form 5500 responses
2009-01-01Type of plan entityMulitple employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – InsuranceYes
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement – InsuranceYes
2009-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

TRANSAMERICA FINANCIAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 70688 )
Policy contract number932010
Policy instance 1
Insurance contract or identification number932010
Number of Individuals Covered0
Insurance policy start date2020-01-01
Insurance policy end date2020-11-23
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
TRANSAMERICA FINANCIAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 70688 )
Policy contract number932010
Policy instance 1
Insurance contract or identification number932010
Number of Individuals Covered748
Insurance policy start date2019-01-01
Insurance policy end date2019-12-31
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
TRANSAMERICA FINANCIAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 70688 )
Policy contract number932010
Policy instance 1
Insurance contract or identification number932010
Number of Individuals Covered715
Insurance policy start date2018-01-01
Insurance policy end date2018-12-31
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
TRANSAMERICA FINANCIAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 70688 )
Policy contract number932010
Policy instance 1
Insurance contract or identification number932010
Number of Individuals Covered592
Insurance policy start date2017-01-01
Insurance policy end date2017-12-31
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
TRANSAMERICA FINANCIAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 70688 )
Policy contract number932010-000
Policy instance 1
Insurance contract or identification number932010-000
Number of Individuals Covered304
Insurance policy start date2015-01-01
Insurance policy end date2015-12-31
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
TRANSAMERICA FINANCIAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 70688 )
Policy contract number932010-000
Policy instance 1
Insurance contract or identification number932010-000
Number of Individuals Covered254
Insurance policy start date2014-01-01
Insurance policy end date2014-12-31
Are there contracts with unallocated funds for contracts of type guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
TRANSAMERICA FINANCIAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 70688 )
Policy contract number932010-000
Policy instance 1
Insurance contract or identification number932010-000
Insurance policy start date2012-01-01
Insurance policy end date2012-12-31
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
TRANSAMERICA FINANCIAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 70688 )
Policy contract number932010-000
Policy instance 1
Insurance contract or identification number932010-000
Insurance policy start date2012-01-01
Insurance policy end date2012-12-31
Total amount of commissions paid to insurance brokerUSD $16,740
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?No
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Commission paid to Insurance BrokerUSD $16,740
Insurance broker organization code?3
Insurance broker nameGEORGE MADORE
TRANSAMERICA FINANCIAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 70688 )
Policy contract number932010-000
Policy instance 1
Insurance contract or identification number932010-000
Insurance policy start date2011-01-01
Insurance policy end date2011-12-31
Total amount of commissions paid to insurance brokerUSD $16,740
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?No
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
TRANSAMERICA FINANCIAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 70688 )
Policy contract number932010-000
Policy instance 1
Insurance contract or identification number932010-000
Insurance policy start date2010-01-01
Insurance policy end date2010-12-31
Total amount of commissions paid to insurance brokerUSD $15,803
Total amount of fees paid to insurance companyUSD $0
Are there contracts with allocated funds for individual policies?No
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Commission paid to Insurance BrokerUSD $15,803
Insurance broker organization code?3
Insurance broker nameGEORGE MADORE

Was this data useful?
If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us.

Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer
The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

Copyright © Market Footprint Ltd
Contact us   Datalog Company Directory
401k Lookup     VAT Lookup S1