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VEENKER RESOURCES, INC PROFIT SHARING PLAN 401k Plan overview

Plan NameVEENKER RESOURCES, INC PROFIT SHARING PLAN
Plan identification number 001

VEENKER RESOURCES, INC PROFIT SHARING PLAN Benefits

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

401k Sponsoring company profile

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

Company Name:VEENKER RESOURCES, INC.
Employer identification number (EIN):452392281
NAIC Classification:211110
NAIC Description: Oil and Gas Extraction, Oil

Form 5500 Filing Information

Submission information for form 5500 for 401k plan VEENKER RESOURCES, INC PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012012-01-01PAUL VEENKER PAUL VEENKER2013-10-11
0012011-01-01PAUL VEENKER PAUL VEENKER2012-10-15

Plan Statistics for VEENKER RESOURCES, INC PROFIT SHARING PLAN

401k plan membership statisitcs for VEENKER RESOURCES, INC PROFIT SHARING PLAN

Measure Date Value
2012: VEENKER RESOURCES, INC PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-019
Total number of active participants reported on line 7a of the Form 55002012-01-019
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-010
Total of all active and inactive participants2012-01-019
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-019
Number of participants with account balances2012-01-019
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010
2011: VEENKER RESOURCES, INC PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-019
Total number of active participants reported on line 7a of the Form 55002011-01-019
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-010
Total of all active and inactive participants2011-01-019
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-019
Number of participants with account balances2011-01-019
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010

Financial Data on VEENKER RESOURCES, INC PROFIT SHARING PLAN

Measure Date Value
2012 : VEENKER RESOURCES, INC PROFIT SHARING PLAN 2012 401k financial data
Total plan liabilities at end of year2012-12-31$824,335
Total plan liabilities at beginning of year2012-12-31$356,922
Total income from all sources2012-12-31$1,373,213
Expenses. Total of all expenses incurred2012-12-31$81,981
Total plan assets at end of year2012-12-31$4,257,731
Total plan assets at beginning of year2012-12-31$2,499,086
Expenses. Other expenses not covered elsewhere2012-12-31$81,981
Other income received2012-12-31$1,373,213
Net income (gross income less expenses)2012-12-31$1,291,232
Net plan assets at end of year (total assets less liabilities)2012-12-31$3,433,396
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$2,142,164
Assets. Value of assets in partnership/joint-venture interests2012-12-31$123,240
2011 : VEENKER RESOURCES, INC PROFIT SHARING PLAN 2011 401k financial data
Total plan liabilities at end of year2011-12-31$356,922
Total plan liabilities at beginning of year2011-12-31$371,577
Total income from all sources2011-12-31$468,888
Expenses. Total of all expenses incurred2011-12-31$61,011
Total plan assets at end of year2011-12-31$2,499,086
Total plan assets at beginning of year2011-12-31$2,105,864
Value of fidelity bond covering the plan2011-12-31$1,000,000
Expenses. Other expenses not covered elsewhere2011-12-31$61,011
Other income received2011-12-31$468,888
Net income (gross income less expenses)2011-12-31$407,877
Net plan assets at end of year (total assets less liabilities)2011-12-31$2,142,164
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$1,734,287
Assets. Value of assets in partnership/joint-venture interests2011-12-31$80,185
2010 : VEENKER RESOURCES, INC PROFIT SHARING PLAN 2010 401k financial data
Total plan liabilities at end of year2010-12-31$371,577
Total plan liabilities at beginning of year2010-12-31$366,362
Total income from all sources2010-12-31$532,839
Expenses. Total of all expenses incurred2010-12-31$55,900
Total plan assets at end of year2010-12-31$2,105,864
Total plan assets at beginning of year2010-12-31$1,623,710
Value of fidelity bond covering the plan2010-12-31$1,000,000
Total contributions received or receivable from participants2010-12-31$1,845
Expenses. Other expenses not covered elsewhere2010-12-31$55,900
Other income received2010-12-31$530,994
Net income (gross income less expenses)2010-12-31$476,939
Net plan assets at end of year (total assets less liabilities)2010-12-31$1,734,287
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$1,257,348
Assets. Value of assets in partnership/joint-venture interests2010-12-31$263,030

Form 5500 Responses for VEENKER RESOURCES, INC PROFIT SHARING PLAN

2012: VEENKER RESOURCES, INC PROFIT SHARING PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: VEENKER RESOURCES, INC PROFIT SHARING PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes

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