401k Plan data: SANDERS OIL COMPANY, INC. 401K PLAN plan

SANDERS OIL COMPANY, INC. 401K PLAN 401k Plan overview

Plan Name	SANDERS OIL COMPANY, INC. 401K PLAN
Plan identification number	001

SANDERS OIL COMPANY, INC. 401K PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Profit-sharing
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.
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

SANDERS OIL COMPANY, INC. has sponsored the creation of one or more 401k plans.

Company Name: SANDERS OIL COMPANY, INC.

Employer identification number (EIN): 646012068

NAIC Classification: 424700

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SANDERS OIL COMPANY, INC. 401K PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2019-01-01
001 2018-01-01
001 2017-01-01
001 2016-01-01 NANCY PERKINS 2017-06-30
001 2015-01-01 NANCY PERKINS 2016-07-21
001 2014-01-01 NANCY PERKINS 2015-06-12
001 2013-01-01 NANCY PERKINS 2014-07-03
001 2012-01-01 NANCY PERKINS 2013-07-26
001 2011-01-01 NANCY PERKINS NANCY PERKINS 2012-10-15
001 2009-01-01 NANCY PERKINS NANCY PERKINS 2010-10-15

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2019-01-01
001	2018-01-01
001	2017-01-01
001	2016-01-01	NANCY PERKINS	2017-06-30
001	2015-01-01	NANCY PERKINS	2016-07-21
001	2014-01-01	NANCY PERKINS	2015-06-12
001	2013-01-01	NANCY PERKINS	2014-07-03
001	2012-01-01	NANCY PERKINS	2013-07-26
001	2011-01-01	NANCY PERKINS		NANCY PERKINS	2012-10-15
001	2009-01-01	NANCY PERKINS		NANCY PERKINS	2010-10-15

Plan Statistics for SANDERS OIL COMPANY, INC. 401K PLAN

401k plan membership statisitcs for SANDERS OIL COMPANY, INC. 401K PLAN

Measure Date Value
2011: SANDERS OIL COMPANY, INC. 401K PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 143
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 70
Number of retired or separated participants receiving benefits 2011-01-01 7
Number of other retired or separated participants entitled to future benefits 2011-01-01 18
Total of all active and inactive participants 2011-01-01 95
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 1
Total participants 2011-01-01 96
Number of participants with account balances 2011-01-01 65
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 0
2009: SANDERS OIL COMPANY, INC. 401K PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-01 153
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 104
Number of retired or separated participants receiving benefits 2009-01-01 1
Number of other retired or separated participants entitled to future benefits 2009-01-01 55
Total of all active and inactive participants 2009-01-01 160
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 2
Total participants 2009-01-01 162
Number of participants with account balances 2009-01-01 111
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 3

Measure	Date	Value
2011: SANDERS OIL COMPANY, INC. 401K PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	143
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	70
Number of retired or separated participants receiving benefits	2011-01-01	7
Number of other retired or separated participants entitled to future benefits	2011-01-01	18
Total of all active and inactive participants	2011-01-01	95
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	1
Total participants	2011-01-01	96
Number of participants with account balances	2011-01-01	65
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	0
2009: SANDERS OIL COMPANY, INC. 401K PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-01	153
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	104
Number of retired or separated participants receiving benefits	2009-01-01	1
Number of other retired or separated participants entitled to future benefits	2009-01-01	55
Total of all active and inactive participants	2009-01-01	160
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	2
Total participants	2009-01-01	162
Number of participants with account balances	2009-01-01	111
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	3

Financial Data on SANDERS OIL COMPANY, INC. 401K PLAN

Measure	Date	Value
2011 : SANDERS OIL COMPANY, INC. 401K PLAN 2011 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2011-12-31	$-19,944
Total unrealized appreciation/depreciation of assets	2011-12-31	$-19,944
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2011-12-31	$4,458
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2011-12-31	$1,667
Total income from all sources (including contributions)	2011-12-31	$13,903
Total loss/gain on sale of assets	2011-12-31	$1,883
Total of all expenses incurred	2011-12-31	$56,406
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2011-12-31	$45,242
Value of total corrective distributions	2011-12-31	$350
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2011-12-31	$7,068
Value of total assets at end of year	2011-12-31	$619,455
Value of total assets at beginning of year	2011-12-31	$659,167
Total of administrative expenses incurred including professional, contract, advisory and management fees	2011-12-31	$10,814
Total interest from all sources	2011-12-31	$1,313
Total dividends received (eg from common stock, registered investment company shares)	2011-12-31	$23,583
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2011-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2011-12-31	$23,583
Was this plan covered by a fidelity bond	2011-12-31	Yes
Value of fidelity bond cover	2011-12-31	$75,000
If this is an individual account plan, was there a blackout period	2011-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2011-12-31	No
Contributions received from participants	2011-12-31	$7,068
Participant contributions at end of year	2011-12-31	$8,115
Participant contributions at beginning of year	2011-12-31	$17,986
Participant contributions at end of year	2011-12-31	$294
Value of other receiveables (less allowance for doubtful accounts) at end of year	2011-12-31	$415
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2011-12-31	$2,350
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2011-12-31	$4,458
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2011-12-31	$1,667
Administrative expenses (other) incurred	2011-12-31	$6,459
Total non interest bearing cash at end of year	2011-12-31	$154
Total non interest bearing cash at beginning of year	2011-12-31	$15
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2011-12-31	No
Value of net income/loss	2011-12-31	$-42,503
Value of net assets at end of year (total assets less liabilities)	2011-12-31	$614,997
Value of net assets at beginning of year (total assets less liabilities)	2011-12-31	$657,500
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2011-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2011-12-31	No
Were any leases to which the plan was party in default or uncollectible	2011-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2011-12-31	$594,315
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2011-12-31	$631,868
Interest on participant loans	2011-12-31	$860
Interest earned on other investments	2011-12-31	$415
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2011-12-31	$16,162
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2011-12-31	$6,948
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2011-12-31	$6,948
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2011-12-31	$38
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2011-12-31	Yes
Was there a failure to transmit to the plan any participant contributions	2011-12-31	No
Has the plan failed to provide any benefit when due under the plan	2011-12-31	No
Income. Dividends from preferred stock	2011-12-31	$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2011-12-31	$45,242
Contract administrator fees	2011-12-31	$4,355
Did the plan have assets held for investment	2011-12-31	Yes
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	2011-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2011-12-31	No
Aggregate proceeds on sale of assets	2011-12-31	$776,918
Aggregate carrying amount (costs) on sale of assets	2011-12-31	$775,035
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2011-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2011-12-31	Disclaimer
Accountancy firm name	2011-12-31	THOMAS, KERBY & BROWN
Accountancy firm EIN	2011-12-31	640585361
2010 : SANDERS OIL COMPANY, INC. 401K PLAN 2010 401k financial data
Unrealized appreciation/depreciation of real estate assets	2010-12-31	$58,335
Total unrealized appreciation/depreciation of assets	2010-12-31	$58,335
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2010-12-31	$1,667
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2010-12-31	$966
Total income from all sources (including contributions)	2010-12-31	$89,773
Total loss/gain on sale of assets	2010-12-31	$11,199
Total of all expenses incurred	2010-12-31	$37,358
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2010-12-31	$26,918
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2010-12-31	$0
Value of total assets at end of year	2010-12-31	$659,167
Value of total assets at beginning of year	2010-12-31	$606,051
Total of administrative expenses incurred including professional, contract, advisory and management fees	2010-12-31	$10,440
Total interest from all sources	2010-12-31	$4,052
Total dividends received (eg from common stock, registered investment company shares)	2010-12-31	$16,187
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2010-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2010-12-31	$16,187
Was this plan covered by a fidelity bond	2010-12-31	Yes
Value of fidelity bond cover	2010-12-31	$75,000
If this is an individual account plan, was there a blackout period	2010-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2010-12-31	No
Participant contributions at end of year	2010-12-31	$17,986
Participant contributions at beginning of year	2010-12-31	$25,240
Value of other receiveables (less allowance for doubtful accounts) at end of year	2010-12-31	$2,350
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2010-12-31	$5,923
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2010-12-31	$1,667
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2010-12-31	$966
Administrative expenses (other) incurred	2010-12-31	$6,623
Total non interest bearing cash at end of year	2010-12-31	$15
Total non interest bearing cash at beginning of year	2010-12-31	$1
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2010-12-31	No
Value of net income/loss	2010-12-31	$52,415
Value of net assets at end of year (total assets less liabilities)	2010-12-31	$657,500
Value of net assets at beginning of year (total assets less liabilities)	2010-12-31	$605,085
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2010-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2010-12-31	No
Were any leases to which the plan was party in default or uncollectible	2010-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2010-12-31	$631,868
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2010-12-31	$569,070
Interest on participant loans	2010-12-31	$1,693
Interest earned on other investments	2010-12-31	$2,350
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2010-12-31	$6,948
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2010-12-31	$5,817
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2010-12-31	$5,817
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2010-12-31	$9
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2010-12-31	Yes
Was there a failure to transmit to the plan any participant contributions	2010-12-31	No
Has the plan failed to provide any benefit when due under the plan	2010-12-31	No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2010-12-31	$26,918
Contract administrator fees	2010-12-31	$3,817
Did the plan have assets held for investment	2010-12-31	Yes
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	2010-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2010-12-31	No
Aggregate proceeds on sale of assets	2010-12-31	$322,372
Aggregate carrying amount (costs) on sale of assets	2010-12-31	$311,173
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2010-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2010-12-31	Disclaimer
Accountancy firm name	2010-12-31	THOMAS, KERBY & BROWN
Accountancy firm EIN	2010-12-31	640585361

Form 5500 Responses for SANDERS OIL COMPANY, INC. 401K PLAN

2011: SANDERS OIL COMPANY, INC. 401K PLAN 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	Submission has been amended	No
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 – Trust	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes
2009: SANDERS OIL COMPANY, INC. 401K 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 – Trust	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	SANDERS OIL COMPANY, INC.
Employer identification number (EIN):	646012068
NAIC Classification:	424700