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PROFIT SHARING PLAN FOR EMPLOYEES OF CLEARFIELD ENERGY INC OHIO OIL GATHERING CORP II AND EASTERN SHORE GAS 401k Plan overview

Plan NamePROFIT SHARING PLAN FOR EMPLOYEES OF CLEARFIELD ENERGY INC OHIO OIL GATHERING CORP II AND EASTERN SHORE GAS
Plan identification number 002

PROFIT SHARING PLAN FOR EMPLOYEES OF CLEARFIELD ENERGY INC OHIO OIL GATHERING CORP II AND EASTERN SHORE GAS Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • 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.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

CE SERVICES LLC has sponsored the creation of one or more 401k plans.

Company Name:CE SERVICES LLC
Employer identification number (EIN):455281546
NAIC Classification:486000
NAIC Description: Pipeline Transportation

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PROFIT SHARING PLAN FOR EMPLOYEES OF CLEARFIELD ENERGY INC OHIO OIL GATHERING CORP II AND EASTERN SHORE GAS

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022013-01-01CAROLYN PARK2014-06-04
0022012-01-01CAROLYN PARK CAROLYN PARK2013-10-08
0022011-01-01CAROLYN PARK

Plan Statistics for PROFIT SHARING PLAN FOR EMPLOYEES OF CLEARFIELD ENERGY INC OHIO OIL GATHERING CORP II AND EASTERN SHORE GAS

401k plan membership statisitcs for PROFIT SHARING PLAN FOR EMPLOYEES OF CLEARFIELD ENERGY INC OHIO OIL GATHERING CORP II AND EASTERN SHORE GAS

Measure Date Value
2012: PROFIT SHARING PLAN FOR EMPLOYEES OF CLEARFIELD ENERGY INC OHIO OIL GATHERING CORP II AND EASTERN SHORE GAS 2012 401k membership
Total participants, beginning-of-year2012-01-01171
Total number of active participants reported on line 7a of the Form 55002012-01-0125
Number of retired or separated participants receiving benefits2012-01-0116
Total of all active and inactive participants2012-01-0141
Total participants2012-01-0141
Number of participants with account balances2012-01-0141
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010
2011: PROFIT SHARING PLAN FOR EMPLOYEES OF CLEARFIELD ENERGY INC OHIO OIL GATHERING CORP II AND EASTERN SHORE GAS 2011 401k membership
Total participants, beginning-of-year2011-01-01182
Total number of active participants reported on line 7a of the Form 55002011-01-01165
Number of retired or separated participants receiving benefits2011-01-016
Total of all active and inactive participants2011-01-01171
Total participants2011-01-01171
Number of participants with account balances2011-01-01171
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010

Financial Data on PROFIT SHARING PLAN FOR EMPLOYEES OF CLEARFIELD ENERGY INC OHIO OIL GATHERING CORP II AND EASTERN SHORE GAS

Measure Date Value
2012 : PROFIT SHARING PLAN FOR EMPLOYEES OF CLEARFIELD ENERGY INC OHIO OIL GATHERING CORP II AND EASTERN SHORE GAS 2012 401k financial data
Unrealized appreciation/depreciation of real estate assets2012-12-31$0
Unrealized appreciation/depreciation of other (non real estate) assets2012-12-31$-4,596
Total unrealized appreciation/depreciation of assets2012-12-31$-4,596
Total transfer of assets to this plan2012-12-31$0
Total transfer of assets from this plan2012-12-31$2,046,705
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
Expenses. Interest paid2012-12-31$0
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022012-12-31$0
Total income from all sources (including contributions)2012-12-31$1,109,436
Total loss/gain on sale of assets2012-12-31$249,918
Total of all expenses incurred2012-12-31$7,054,568
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$7,054,568
Expenses. Certain deemed distributions of participant loans2012-12-31$0
Value of total corrective distributions2012-12-31$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-31$550,170
Value of total assets at end of year2012-12-31$4,421,263
Value of total assets at beginning of year2012-12-31$12,413,100
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$0
Total income from rents2012-12-31$0
Total interest from all sources2012-12-31$220,123
Total dividends received (eg from common stock, registered investment company shares)2012-12-31$140,761
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-12-31Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan2012-12-31$0
Total dividends received from registered investment company shares (eg mutual funds)2012-12-31$134,368
Administrative expenses professional fees incurred2012-12-31$0
Was this plan covered by a fidelity bond2012-12-31Yes
Value of fidelity bond cover2012-12-31$750,000
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$169,201
Participant contributions at end of year2012-12-31$120,386
Participant contributions at beginning of year2012-12-31$481,532
Participant contributions at end of year2012-12-31$0
Participant contributions at beginning of year2012-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2012-12-31$0
Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries)2012-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2012-12-31$16,206
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2012-12-31$45,088
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2012-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2012-12-31$0
Other income not declared elsewhere2012-12-31$0
Administrative expenses (other) incurred2012-12-31$0
Liabilities. Value of operating payables at end of year2012-12-31$0
Liabilities. Value of operating payables at beginning of year2012-12-31$0
Total non interest bearing cash at end of year2012-12-31$15,345
Total non interest bearing cash at beginning of year2012-12-31$13,634
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
Income. Non cash contributions2012-12-31$0
Value of net income/loss2012-12-31$-5,945,132
Value of net assets at end of year (total assets less liabilities)2012-12-31$4,421,263
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$12,413,100
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
Investment advisory and management fees2012-12-31$0
Value of interest in registered invesment companies (eg mutual funds) at end of year2012-12-31$1,141,181
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2012-12-31$5,779,249
Interest on participant loans2012-12-31$24,693
Income. Interest from loans (other than to participants)2012-12-31$0
Interest earned on other investments2012-12-31$1,080
Income. Interest from US Government securities2012-12-31$6,454
Income. Interest from corporate debt instruments2012-12-31$169,859
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2012-12-31$1,586,996
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2012-12-31$610,804
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2012-12-31$610,804
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2012-12-31$18,037
Expenses. Payments to insurance carriers foe the provision of benefits2012-12-31$0
Asset value of US Government securities at end of year2012-12-31$0
Asset value of US Government securities at beginning of year2012-12-31$222,540
Net investment gain/loss from registered investment companies (e.g. mutual funds)2012-12-31$-46,940
Net investment gain/loss from pooled separate accounts2012-12-31$0
Net investment gain or loss from common/collective trusts2012-12-31$0
Net gain/loss from 103.12 investment entities2012-12-31$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-12-31Yes
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$380,969
Employer contributions (assets) at end of year2012-12-31$0
Employer contributions (assets) at beginning of year2012-12-31$166,209
Income. Dividends from preferred stock2012-12-31$0
Income. Dividends from common stock2012-12-31$6,393
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$7,054,568
Asset. Corporate debt instrument preferred debt at end of year2012-12-31$0
Asset. Corporate debt instrument preferred debt at beginning of year2012-12-31$0
Asset. Corporate debt instrument debt (other) at end of year2012-12-31$1,541,149
Asset. Corporate debt instrument debt (other) at beginning of year2012-12-31$4,730,035
Contract administrator fees2012-12-31$0
Assets. Corporate common stocks other than exployer securities at beginning of year2012-12-31$364,009
Liabilities. Value of benefit claims payable at end of year2012-12-31$0
Liabilities. Value of benefit claims payable at beginning of year2012-12-31$0
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
Aggregate proceeds on sale of assets2012-12-31$12,077,343
Aggregate carrying amount (costs) on sale of assets2012-12-31$11,827,425
Liabilities. Value of acquisition indebtedness at end of year2012-12-31$0
Liabilities. Value of acquisition indebtedness at beginning of year2012-12-31$0
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 name2012-12-31JL KREISCHER, PC ET AL PARTNERS
Accountancy firm EIN2012-12-31231980475
2011 : PROFIT SHARING PLAN FOR EMPLOYEES OF CLEARFIELD ENERGY INC OHIO OIL GATHERING CORP II AND EASTERN SHORE GAS 2011 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2011-12-31$99,737
Total unrealized appreciation/depreciation of assets2011-12-31$99,737
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$1,283,521
Total loss/gain on sale of assets2011-12-31$78,881
Total of all expenses incurred2011-12-31$911,760
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$911,760
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$911,250
Value of total assets at end of year2011-12-31$12,413,100
Value of total assets at beginning of year2011-12-31$12,041,339
Total interest from all sources2011-12-31$218,531
Total dividends received (eg from common stock, registered investment company shares)2011-12-31$195,347
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2011-12-31$184,537
Assets. Real estate other than employer real property at end of year2011-12-31$0
Assets. Real estate other than employer real property at beginning of year2011-12-31$0
Assets. Corporate prefeered stocks other than exployer securities at end of year2011-12-31$0
Assets. Corporate prefeered stocks other than exployer securities at beginning of year2011-12-31$0
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$750,000
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$258,529
Participant contributions at end of year2011-12-31$481,532
Participant contributions at beginning of year2011-12-31$466,736
Participant contributions at end of year2011-12-31$0
Participant contributions at beginning of year2011-12-31$0
Assets. Other investments not covered elsewhere at end of year2011-12-31$0
Assets. Other investments not covered elsewhere at beginning of year2011-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2011-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2011-12-31$45,088
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2011-12-31$52,766
Assets. Loans (other than to participants) at end of year2011-12-31$0
Assets. Loans (other than to participants) at beginning of year2011-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2011-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2011-12-31$0
Other income not declared elsewhere2011-12-31$3
Liabilities. Value of operating payables at end of year2011-12-31$0
Liabilities. Value of operating payables at beginning of year2011-12-31$0
Total non interest bearing cash at end of year2011-12-31$13,634
Total non interest bearing cash at beginning of year2011-12-31$17,401
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$371,761
Value of net assets at end of year (total assets less liabilities)2011-12-31$12,413,100
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$12,041,339
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
Assets. partnership/joint venture interests at end of year2011-12-31$0
Assets. partnership/joint venture interests at beginning of year2011-12-31$0
Value of interest in registered invesment companies (eg mutual funds) at end of year2011-12-31$5,779,249
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2011-12-31$6,353,528
Value of interest in pooled separate accounts at end of year2011-12-31$0
Value of interest in pooled separate accounts at beginning of year2011-12-31$0
Interest on participant loans2011-12-31$37,072
Interest earned on other investments2011-12-31$1,969
Income. Interest from US Government securities2011-12-31$6,454
Income. Interest from corporate debt instruments2011-12-31$159,726
Value of interest in master investment trust accounts at end of year2011-12-31$0
Value of interest in master investment trust accounts at beginning of year2011-12-31$0
Value of interest in common/collective trusts at end of year2011-12-31$0
Value of interest in common/collective trusts at beginning of year2011-12-31$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2011-12-31$610,804
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2011-12-31$333,891
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2011-12-31$333,891
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2011-12-31$13,310
Assets. Value of investments in 103.12 investment entities at end of year2011-12-31$0
Assets. Value of investments in 103.12 investment entities at beginning of year2011-12-31$0
Asset value of US Government securities at end of year2011-12-31$222,540
Asset value of US Government securities at beginning of year2011-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2011-12-31$-220,228
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-12-31Yes
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
Assets. Invements in employer securities at end of year2011-12-31$0
Assets. Invements in employer securities at beginning of year2011-12-31$0
Assets. Value of employer real property at end of year2011-12-31$0
Assets. Value of employer real property at beginning of year2011-12-31$0
Contributions received in cash from employer2011-12-31$652,721
Employer contributions (assets) at end of year2011-12-31$166,209
Employer contributions (assets) at beginning of year2011-12-31$157,179
Income. Dividends from common stock2011-12-31$10,810
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$911,760
Asset. Corporate debt instrument preferred debt at end of year2011-12-31$0
Asset. Corporate debt instrument preferred debt at beginning of year2011-12-31$0
Asset. Corporate debt instrument debt (other) at end of year2011-12-31$4,730,035
Asset. Corporate debt instrument debt (other) at beginning of year2011-12-31$4,304,024
Assets. Corporate common stocks other than exployer securities at end of year2011-12-31$364,009
Assets. Corporate common stocks other than exployer securities at beginning of year2011-12-31$355,814
Liabilities. Value of benefit claims payable at end of year2011-12-31$0
Liabilities. Value of benefit claims payable at beginning of year2011-12-31$0
Assets. Value of buildings and other operty used in plan operation at end of year2011-12-31$0
Assets. Value of buildings and other operty used in plan operation at beginning of year2011-12-31$0
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
Aggregate proceeds on sale of assets2011-12-31$2,687,187
Aggregate carrying amount (costs) on sale of assets2011-12-31$2,608,306
Liabilities. Value of acquisition indebtedness at end of year2011-12-31$0
Liabilities. Value of acquisition indebtedness at beginning of year2011-12-31$0
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 name2011-12-31JL KREISCHER, PC ET AL PARTNERS
Accountancy firm EIN2011-12-31231980475

Form 5500 Responses for PROFIT SHARING PLAN FOR EMPLOYEES OF CLEARFIELD ENERGY INC OHIO OIL GATHERING CORP II AND EASTERN SHORE GAS

2012: PROFIT SHARING PLAN FOR EMPLOYEES OF CLEARFIELD ENERGY INC OHIO OIL GATHERING CORP II AND EASTERN SHORE GAS 2012 form 5500 responses
2012-01-01Type of plan entitySingle 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 – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: PROFIT SHARING PLAN FOR EMPLOYEES OF CLEARFIELD ENERGY INC OHIO OIL GATHERING CORP II AND EASTERN SHORE GAS 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedYes
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 – TrustYes
2011-01-01Plan benefit arrangement - TrustYes

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