401k Plan data: FRANKS WESTATES SERVICE 401(K) PLAN plan

FRANKS WESTATES SERVICE 401(K) PLAN 401k Plan overview

Plan Name	FRANKS WESTATES SERVICE 401(K) PLAN
Plan identification number	001

FRANKS WESTATES SERVICE 401(K) PLAN Benefits

401k Plan Type

Defined 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

FRANKS WESTATES SERVICE, INC. has sponsored the creation of one or more 401k plans.

Company Name: FRANKS WESTATES SERVICE, INC.

Employer identification number (EIN): 030425881

NAIC Classification: 211110
NAIC Description: Oil and Gas Extraction, Oil

Form 5500 Filing Information

Submission information for form 5500 for 401k plan FRANKS WESTATES SERVICE 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2012-01-01 JENNY REED
001 2011-01-01 JENNY REED
001 2010-01-01 JENNY REED
001 2009-01-01 JENNY SMTIH
001 2009-01-01 JENNY REED
001 2009-01-01 JENNY SMITH
001 2008-01-01 JENNY REED

Plan id#	Filing Submission Date	Name of Administrator
001	2012-01-01	JENNY REED
001	2011-01-01	JENNY REED
001	2010-01-01	JENNY REED
001	2009-01-01	JENNY SMTIH
001	2009-01-01	JENNY REED
001	2009-01-01	JENNY SMITH
001	2008-01-01	JENNY REED

Plan Statistics for FRANKS WESTATES SERVICE 401(K) PLAN

401k plan membership statisitcs for FRANKS WESTATES SERVICE 401(K) PLAN

Measure Date Value
2012: FRANKS WESTATES SERVICE 401(K) PLAN 2012 401k membership
Total participants, beginning-of-year 2012-01-01 102
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 0
Number of retired or separated participants receiving benefits 2012-01-01 0
Number of other retired or separated participants entitled to future benefits 2012-01-01 0
Total of all active and inactive participants 2012-01-01 0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-01-01 0
Total participants 2012-01-01 0
Number of participants with account balances 2012-01-01 0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-01-01 0
2011: FRANKS WESTATES SERVICE 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 83
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 71
Number of retired or separated participants receiving benefits 2011-01-01 0
Number of other retired or separated participants entitled to future benefits 2011-01-01 31
Total of all active and inactive participants 2011-01-01 102
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 0
Total participants 2011-01-01 102
Number of participants with account balances 2011-01-01 102
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 10
2010: FRANKS WESTATES SERVICE 401(K) PLAN 2010 401k membership
Total participants, beginning-of-year 2010-01-01 97
Total number of active participants reported on line 7a of the Form 5500 2010-01-01 66
Number of retired or separated participants receiving benefits 2010-01-01 0
Number of other retired or separated participants entitled to future benefits 2010-01-01 17
Total of all active and inactive participants 2010-01-01 83
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2010-01-01 0
Total participants 2010-01-01 83
Number of participants with account balances 2010-01-01 83
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2010-01-01 18
2009: FRANKS WESTATES SERVICE 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-01 156
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 83
Number of retired or separated participants receiving benefits 2009-01-01 0
Number of other retired or separated participants entitled to future benefits 2009-01-01 14
Total of all active and inactive participants 2009-01-01 97
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 0
Total participants 2009-01-01 97
Number of participants with account balances 2009-01-01 97
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 39
2008: FRANKS WESTATES SERVICE 401(K) PLAN 2008 401k membership
Total participants, beginning-of-year 2008-01-01 94
Total number of active participants reported on line 7a of the Form 5500 2008-01-01 142
Number of retired or separated participants receiving benefits 2008-01-01 0
Number of other retired or separated participants entitled to future benefits 2008-01-01 14
Total of all active and inactive participants 2008-01-01 156
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2008-01-01 0
Total participants 2008-01-01 156
Number of participants with account balances 2008-01-01 133
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2008-01-01 22

Measure	Date	Value
2012: FRANKS WESTATES SERVICE 401(K) PLAN 2012 401k membership
Total participants, beginning-of-year	2012-01-01	102
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	0
Number of retired or separated participants receiving benefits	2012-01-01	0
Number of other retired or separated participants entitled to future benefits	2012-01-01	0
Total of all active and inactive participants	2012-01-01	0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-01-01	0
Total participants	2012-01-01	0
Number of participants with account balances	2012-01-01	0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-01-01	0
2011: FRANKS WESTATES SERVICE 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	83
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	71
Number of retired or separated participants receiving benefits	2011-01-01	0
Number of other retired or separated participants entitled to future benefits	2011-01-01	31
Total of all active and inactive participants	2011-01-01	102
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	0
Total participants	2011-01-01	102
Number of participants with account balances	2011-01-01	102
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	10
2010: FRANKS WESTATES SERVICE 401(K) PLAN 2010 401k membership
Total participants, beginning-of-year	2010-01-01	97
Total number of active participants reported on line 7a of the Form 5500	2010-01-01	66
Number of retired or separated participants receiving benefits	2010-01-01	0
Number of other retired or separated participants entitled to future benefits	2010-01-01	17
Total of all active and inactive participants	2010-01-01	83
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2010-01-01	0
Total participants	2010-01-01	83
Number of participants with account balances	2010-01-01	83
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2010-01-01	18
2009: FRANKS WESTATES SERVICE 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-01	156
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	83
Number of retired or separated participants receiving benefits	2009-01-01	0
Number of other retired or separated participants entitled to future benefits	2009-01-01	14
Total of all active and inactive participants	2009-01-01	97
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	0
Total participants	2009-01-01	97
Number of participants with account balances	2009-01-01	97
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	39
2008: FRANKS WESTATES SERVICE 401(K) PLAN 2008 401k membership
Total participants, beginning-of-year	2008-01-01	94
Total number of active participants reported on line 7a of the Form 5500	2008-01-01	142
Number of retired or separated participants receiving benefits	2008-01-01	0
Number of other retired or separated participants entitled to future benefits	2008-01-01	14
Total of all active and inactive participants	2008-01-01	156
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2008-01-01	0
Total participants	2008-01-01	156
Number of participants with account balances	2008-01-01	133
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2008-01-01	22

Financial Data on FRANKS WESTATES SERVICE 401(K) PLAN

Measure	Date	Value
2012 : FRANKS WESTATES SERVICE 401(K) PLAN 2012 401k financial data
Transfers to/from the plan	2012-01-31	$-1,410,682
Total income from all sources	2012-01-31	$17,093
Expenses. Total of all expenses incurred	2012-01-31	$0
Total plan assets at end of year	2012-01-31	$0
Total plan assets at beginning of year	2012-01-31	$1,393,589
Value of fidelity bond covering the plan	2012-01-31	$20,000
Other income received	2012-01-31	$17,093
Net income (gross income less expenses)	2012-01-31	$17,093
Net plan assets at end of year (total assets less liabilities)	2012-01-31	$0
Net plan assets at beginning of year (total assets less liabilities)	2012-01-31	$1,393,589
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2012-01-31	$0
2011 : FRANKS WESTATES SERVICE 401(K) PLAN 2011 401k financial data
Total income from all sources	2011-12-31	$281,931
Expenses. Total of all expenses incurred	2011-12-31	$224,392
Benefits paid (including direct rollovers)	2011-12-31	$219,562
Total plan assets at end of year	2011-12-31	$1,393,589
Total plan assets at beginning of year	2011-12-31	$1,336,050
Value of fidelity bond covering the plan	2011-12-31	$20,000
Total contributions received or receivable from participants	2011-12-31	$182,376
Other income received	2011-12-31	$11,594
Net income (gross income less expenses)	2011-12-31	$57,539
Net plan assets at end of year (total assets less liabilities)	2011-12-31	$1,393,589
Net plan assets at beginning of year (total assets less liabilities)	2011-12-31	$1,336,050
Assets. Value of participant loans	2011-12-31	$114,045
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-102	2011-12-31	$5,267
Total contributions received or receivable from employer(s)	2011-12-31	$87,961
Value of certain deemed distributions of participant loans	2011-12-31	$2,987
Expenses. Administrative service providers (salaries,fees and commissions)	2011-12-31	$1,843
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2011-12-31	$0
2010 : FRANKS WESTATES SERVICE 401(K) PLAN 2010 401k financial data
Total income from all sources	2010-12-31	$354,352
Expenses. Total of all expenses incurred	2010-12-31	$350,402
Benefits paid (including direct rollovers)	2010-12-31	$329,367
Total plan assets at end of year	2010-12-31	$1,336,050
Total plan assets at beginning of year	2010-12-31	$1,332,100
Value of fidelity bond covering the plan	2010-12-31	$20,000
Total contributions received or receivable from participants	2010-12-31	$190,927
Expenses. Other expenses not covered elsewhere	2010-12-31	$3,074
Other income received	2010-12-31	$134,498
Net income (gross income less expenses)	2010-12-31	$3,950
Net plan assets at end of year (total assets less liabilities)	2010-12-31	$1,336,050
Net plan assets at beginning of year (total assets less liabilities)	2010-12-31	$1,332,100
Assets. Value of participant loans	2010-12-31	$157,675
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-102	2010-12-31	$25,575
Total contributions received or receivable from employer(s)	2010-12-31	$28,927
Value of certain deemed distributions of participant loans	2010-12-31	$17,961
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2010-12-31	$0
2008 : FRANKS WESTATES SERVICE 401(K) PLAN 2008 401k financial data
Total income from all sources	2008-12-31	$258,770
Expenses. Total of all expenses incurred	2008-12-31	$268,158
Benefits paid (including direct rollovers)	2008-12-31	$266,109
Total plan assets at end of year	2008-12-31	$1,068,384
Total plan assets at beginning of year	2008-12-31	$1,077,772
Value of fidelity bond covering the plan	2008-12-31	$20,000
Total contributions received or receivable from participants	2008-12-31	$490,142
Expenses. Other expenses not covered elsewhere	2008-12-31	$2,049
Contributions received from other sources (not participants or employers)	2008-12-31	$19,104
Other income received	2008-12-31	$-392,416
Net income (gross income less expenses)	2008-12-31	$-9,388
Net plan assets at end of year (total assets less liabilities)	2008-12-31	$1,068,384
Net plan assets at beginning of year (total assets less liabilities)	2008-12-31	$1,077,772
Assets. Value of participant loans	2008-12-31	$56,992
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-102	2008-12-31	$273,968
Total contributions received or receivable from employer(s)	2008-12-31	$141,940
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2008-12-31	$0

Form 5500 Responses for FRANKS WESTATES SERVICE 401(K) PLAN

2012: FRANKS WESTATES SERVICE 401(K) PLAN 2012 form 5500 responses
2012-01-01	Type of plan entity	Single employer plan
2012-01-01	Submission has been amended	No
2012-01-01	This submission is the final filing	Yes
2012-01-01	This return/report is a short plan year return/report (less than 12 months)	Yes
2012-01-01	Plan is a collectively bargained plan	No
2012-01-01	Plan funding arrangement – Insurance	Yes
2012-01-01	Plan funding arrangement – Trust	Yes
2012-01-01	Plan benefit arrangement – Insurance	Yes
2012-01-01	Plan benefit arrangement - Trust	Yes
2011: FRANKS WESTATES SERVICE 401(K) PLAN 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	Submission has been amended	Yes
2011-01-01	This submission is the final filing	No
2011-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2011-01-01	Plan is a collectively bargained plan	No
2011-01-01	Plan funding arrangement – Insurance	Yes
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement – Insurance	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes
2010: FRANKS WESTATES SERVICE 401(K) PLAN 2010 form 5500 responses
2010-01-01	Type of plan entity	Single employer plan
2010-01-01	Submission has been amended	Yes
2010-01-01	This submission is the final filing	No
2010-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2010-01-01	Plan is a collectively bargained plan	No
2010-01-01	Plan funding arrangement – Insurance	Yes
2010-01-01	Plan funding arrangement – Trust	Yes
2010-01-01	Plan benefit arrangement – Insurance	Yes
2010-01-01	Plan benefit arrangement - Trust	Yes
2009: FRANKS WESTATES SERVICE 401(K) PLAN 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Submission has been amended	No
2009-01-01	This submission is the final filing	No
2009-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-01-01	Plan is a collectively bargained plan	No
2009-01-01	Plan funding arrangement – Insurance	Yes
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement – Insurance	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes
2008: FRANKS WESTATES SERVICE 401(K) PLAN 2008 form 5500 responses
2008-01-01	Type of plan entity	Single employer plan
2008-01-01	Submission has been amended	Yes
2008-01-01	This submission is the final filing	No
2008-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2008-01-01	Plan is a collectively bargained plan	No
2008-01-01	Plan funding arrangement – Insurance	Yes
2008-01-01	Plan funding arrangement – Trust	Yes
2008-01-01	Plan benefit arrangement – Insurance	Yes
2008-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	FRANKS WESTATES SERVICE, INC.
Employer identification number (EIN):	030425881
NAIC Classification:	211110
NAIC Description:	Oil and Gas Extraction, Oil