PETROPLEX ACIDIZING INC has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan PETROPLEX ACIDIZING, INC. 401(K) PLAN
| Measure | Date | Value |
|---|
| 2025 : PETROPLEX ACIDIZING, INC. 401(K) PLAN 2025 401k financial data |
|---|
| Total expenses incurred by plan in this plan year | 2025-10-15 | 801126 |
| Net assets as of the end of the plan year | 2025-10-15 | 3069867 |
| Total assets as of the beginning of the plan year | 2025-10-15 | 3039819 |
| Value of plan covered by a fidelity bond | 2025-10-15 | 303982 |
| Participant contributions to plan in this plan year | 2025-10-15 | 293519 |
| Value of participant loans at end of plan year | 2025-10-15 | 11575 |
| Other contributions to plan in this plan year | 2025-10-15 | 0 |
| Other income to plan in this plan year | 2025-10-15 | 312027 |
| Plan net income in this plan year | 2025-10-15 | 30048 |
| Net assets as of the end of the plan year | 2025-10-15 | 3069867 |
| Net assets as of the beginning of the plan year | 2025-10-15 | 3039819 |
| Employer contributions to plan in this plan year | 2025-10-15 | 225628 |
| Fees paid to broker by Benefit Provider | 2025-10-15 | 380 |
| Expensese paid to adminstrative service provicers from plan in this plan year | 2025-10-15 | 1471 |
| Total expenses incurred by plan in this plan year | 2025-03-28 | 830217 |
| Net assets as of the end of the plan year | 2025-03-28 | 3039819 |
| Total assets as of the beginning of the plan year | 2025-03-28 | 3147704 |
| Value of plan covered by a fidelity bond | 2025-03-28 | 314770 |
| Participant contributions to plan in this plan year | 2025-03-28 | 243453 |
| Value of participant loans at end of plan year | 2025-03-28 | 2208 |
| Other contributions to plan in this plan year | 2025-03-28 | 50000 |
| Other income to plan in this plan year | 2025-03-28 | 399672 |
| Plan net income in this plan year | 2025-03-28 | -107885 |
| Net assets as of the end of the plan year | 2025-03-28 | 3039819 |
| Net assets as of the beginning of the plan year | 2025-03-28 | 3147704 |
| Employer contributions to plan in this plan year | 2025-03-28 | 29207 |
| Fees paid to broker by Benefit Provider | 2025-03-28 | 805 |
| Expensese paid to adminstrative service provicers from plan in this plan year | 2025-03-28 | 823 |
| 2016 : PETROPLEX ACIDIZING, INC. 401(K) PLAN 2016 401k financial data |
|---|
| Total income from all sources (including contributions) | 2016-06-30 | $281,989 |
| Total of all expenses incurred | 2016-06-30 | $233,647 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2016-06-30 | $231,647 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2016-06-30 | $289,096 |
| Value of total assets at end of year | 2016-06-30 | $2,869,728 |
| Value of total assets at beginning of year | 2016-06-30 | $2,821,386 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2016-06-30 | $2,000 |
| Total dividends received (eg from common stock, registered investment company shares) | 2016-06-30 | $655 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2016-06-30 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2016-06-30 | $655 |
| Was this plan covered by a fidelity bond | 2016-06-30 | Yes |
| Value of fidelity bond cover | 2016-06-30 | $250,000 |
| If this is an individual account plan, was there a blackout period | 2016-06-30 | Yes |
| Were there any nonexempt tranactions with any party-in-interest | 2016-06-30 | No |
| Contributions received from participants | 2016-06-30 | $244,961 |
| Participant contributions at end of year | 2016-06-30 | $0 |
| Participant contributions at beginning of year | 2016-06-30 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2016-06-30 | $15,658 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2016-06-30 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2016-06-30 | $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 | 2016-06-30 | No |
| Value of net income/loss | 2016-06-30 | $48,342 |
| Value of net assets at end of year (total assets less liabilities) | 2016-06-30 | $2,869,728 |
| Value of net assets at beginning of year (total assets less liabilities) | 2016-06-30 | $2,821,386 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2016-06-30 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2016-06-30 | No |
| Were any leases to which the plan was party in default or uncollectible | 2016-06-30 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2016-06-30 | $82,941 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2016-06-30 | $79,728 |
| Value of interest in pooled separate accounts at end of year | 2016-06-30 | $129,545 |
| Value of interest in pooled separate accounts at beginning of year | 2016-06-30 | $73,443 |
| Value of interest in common/collective trusts at end of year | 2016-06-30 | $2,648,443 |
| Value of interest in common/collective trusts at beginning of year | 2016-06-30 | $2,480,320 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2016-06-30 | $8,799 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2016-06-30 | $187,895 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2016-06-30 | $-12,775 |
| Net investment gain/loss from pooled separate accounts | 2016-06-30 | $-522 |
| Net investment gain or loss from common/collective trusts | 2016-06-30 | $5,535 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2016-06-30 | No |
| Was there a failure to transmit to the plan any participant contributions | 2016-06-30 | Yes |
| Has the plan failed to provide any benefit when due under the plan | 2016-06-30 | No |
| Contributions received in cash from employer | 2016-06-30 | $28,477 |
| Employer contributions (assets) at end of year | 2016-06-30 | $0 |
| Employer contributions (assets) at beginning of year | 2016-06-30 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2016-06-30 | $231,647 |
| Contract administrator fees | 2016-06-30 | $2,000 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2016-06-30 | Yes |
| Did the plan have assets held for investment | 2016-06-30 | 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 | 2016-06-30 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2016-06-30 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2016-06-30 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2016-06-30 | Disclaimer |
| Accountancy firm name | 2016-06-30 | WEAVER & TIDWELL LLP |
| Accountancy firm EIN | 2016-06-30 | 750786316 |
