COMET STREET, LLC has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan SOUTHLAND OIL COMPANY RETIREMENT PLAN
| Measure | Date | Value |
|---|
| 2015 : SOUTHLAND OIL COMPANY RETIREMENT PLAN 2015 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2015-06-10 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-06-10 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-06-10 | $0 |
| Total income from all sources (including contributions) | 2015-06-10 | $949,484 |
| Total loss/gain on sale of assets | 2015-06-10 | $0 |
| Total of all expenses incurred | 2015-06-10 | $9,406,413 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2015-06-10 | $9,374,000 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2015-06-10 | $797,687 |
| Value of total assets at end of year | 2015-06-10 | $0 |
| Value of total assets at beginning of year | 2015-06-10 | $8,456,929 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2015-06-10 | $32,413 |
| Total interest from all sources | 2015-06-10 | $485 |
| Total dividends received (eg from common stock, registered investment company shares) | 2015-06-10 | $353,273 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2015-06-10 | Yes |
| Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan | 2015-06-10 | $0 |
| Total dividends received from registered investment company shares (eg mutual funds) | 2015-06-10 | $353,273 |
| Administrative expenses professional fees incurred | 2015-06-10 | $23,579 |
| Was this plan covered by a fidelity bond | 2015-06-10 | Yes |
| Value of fidelity bond cover | 2015-06-10 | $5,000,000 |
| If this is an individual account plan, was there a blackout period | 2015-06-10 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2015-06-10 | No |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2015-06-10 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2015-06-10 | $3,642 |
| Administrative expenses (other) incurred | 2015-06-10 | $8,834 |
| Total non interest bearing cash at end of year | 2015-06-10 | $0 |
| Total non interest bearing cash at beginning of year | 2015-06-10 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2015-06-10 | No |
| Value of net income/loss | 2015-06-10 | $-8,456,929 |
| Value of net assets at end of year (total assets less liabilities) | 2015-06-10 | $0 |
| Value of net assets at beginning of year (total assets less liabilities) | 2015-06-10 | $8,456,929 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2015-06-10 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2015-06-10 | No |
| Were any leases to which the plan was party in default or uncollectible | 2015-06-10 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2015-06-10 | $0 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2015-06-10 | $8,369,215 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2015-06-10 | $0 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2015-06-10 | $84,072 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2015-06-10 | $84,072 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2015-06-10 | $485 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2015-06-10 | $2,511,257 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2015-06-10 | $-201,961 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2015-06-10 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2015-06-10 | No |
| Has the plan failed to provide any benefit when due under the plan | 2015-06-10 | No |
| Contributions received in cash from employer | 2015-06-10 | $797,687 |
| Employer contributions (assets) at end of year | 2015-06-10 | $0 |
| Employer contributions (assets) at beginning of year | 2015-06-10 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2015-06-10 | $6,862,743 |
| Did the plan have assets held for investment | 2015-06-10 | No |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2015-06-10 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2015-06-10 | Yes |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2015-06-10 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2015-06-10 | Disclaimer |
| Accountancy firm name | 2015-06-10 | CARR, RIGGS & INGRAM, LLC |
| Accountancy firm EIN | 2015-06-10 | 721396621 |
