HI-NOON PETROLEUM has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan HI-NOON PETROLEUM, INC. 401(K) PLAN
401k plan membership statisitcs for HI-NOON PETROLEUM, INC. 401(K) PLAN
| Measure | Date | Value |
|---|
| 2023: HI-NOON PETROLEUM, INC. 401(K) PLAN 2023 401k membership |
|---|
| Total participants, beginning-of-year | 2023-01-01 | 36 |
| Total number of active participants reported on line 7a of the Form 5500 | 2023-01-01 | 28 |
| Number of retired or separated participants receiving benefits | 2023-01-01 | 0 |
| Number of other retired or separated participants entitled to future benefits | 2023-01-01 | 7 |
| Total of all active and inactive participants | 2023-01-01 | 35 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2023-01-01 | 0 |
| Total participants | 2023-01-01 | 35 |
| Number of participants with account balances | 2023-01-01 | 26 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2023-01-01 | 0 |
| 2022: HI-NOON PETROLEUM, INC. 401(K) PLAN 2022 401k membership |
|---|
| Total participants, beginning-of-year | 2022-01-01 | 34 |
| Total number of active participants reported on line 7a of the Form 5500 | 2022-01-01 | 30 |
| Number of retired or separated participants receiving benefits | 2022-01-01 | 0 |
| Number of other retired or separated participants entitled to future benefits | 2022-01-01 | 6 |
| Total of all active and inactive participants | 2022-01-01 | 36 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2022-01-01 | 0 |
| Total participants | 2022-01-01 | 36 |
| Number of participants with account balances | 2022-01-01 | 27 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2022-01-01 | 0 |
| Measure | Date | Value |
|---|
| 2023 : HI-NOON PETROLEUM, INC. 401(K) PLAN 2023 401k financial data |
|---|
| Transfers to/from the plan | 2023-12-31 | $0 |
| Total plan liabilities at end of year | 2023-12-31 | $0 |
| Total plan liabilities at beginning of year | 2023-12-31 | $0 |
| Total income from all sources | 2023-12-31 | $657,884 |
| Expenses. Total of all expenses incurred | 2023-12-31 | $19,882 |
| Benefits paid (including direct rollovers) | 2023-12-31 | $2,332 |
| Total plan assets at end of year | 2023-12-31 | $2,660,768 |
| Total plan assets at beginning of year | 2023-12-31 | $2,022,766 |
| Value of fidelity bond covering the plan | 2023-12-31 | $266,000 |
| Total contributions received or receivable from participants | 2023-12-31 | $151,161 |
| Expenses. Other expenses not covered elsewhere | 2023-12-31 | $0 |
| Contributions received from other sources (not participants or employers) | 2023-12-31 | $28,635 |
| Other income received | 2023-12-31 | $425,756 |
| Noncash contributions received | 2023-12-31 | $0 |
| Net income (gross income less expenses) | 2023-12-31 | $638,002 |
| Net plan assets at end of year (total assets less liabilities) | 2023-12-31 | $2,660,768 |
| Net plan assets at beginning of year (total assets less liabilities) | 2023-12-31 | $2,022,766 |
| Total contributions received or receivable from employer(s) | 2023-12-31 | $52,332 |
| Value of certain deemed distributions of participant loans | 2023-12-31 | $0 |
| Value of corrective distributions | 2023-12-31 | $0 |
| Expenses. Administrative service providers (salaries,fees and commissions) | 2023-12-31 | $17,550 |
| 2022 : HI-NOON PETROLEUM, INC. 401(K) PLAN 2022 401k financial data |
|---|
| Transfers to/from the plan | 2022-12-31 | $0 |
| Total plan liabilities at end of year | 2022-12-31 | $0 |
| Total plan liabilities at beginning of year | 2022-12-31 | $0 |
| Total income from all sources | 2022-12-31 | $-138,669 |
| Expenses. Total of all expenses incurred | 2022-12-31 | $38,098 |
| Benefits paid (including direct rollovers) | 2022-12-31 | $29,234 |
| Total plan assets at end of year | 2022-12-31 | $2,022,766 |
| Total plan assets at beginning of year | 2022-12-31 | $2,199,533 |
| Value of fidelity bond covering the plan | 2022-12-31 | $220,000 |
| Total contributions received or receivable from participants | 2022-12-31 | $156,285 |
| Expenses. Other expenses not covered elsewhere | 2022-12-31 | $0 |
| Contributions received from other sources (not participants or employers) | 2022-12-31 | $0 |
| Other income received | 2022-12-31 | $-353,746 |
| Noncash contributions received | 2022-12-31 | $0 |
| Net income (gross income less expenses) | 2022-12-31 | $-176,767 |
| Net plan assets at end of year (total assets less liabilities) | 2022-12-31 | $2,022,766 |
| Net plan assets at beginning of year (total assets less liabilities) | 2022-12-31 | $2,199,533 |
| Total contributions received or receivable from employer(s) | 2022-12-31 | $58,792 |
| Value of certain deemed distributions of participant loans | 2022-12-31 | $0 |
| Value of corrective distributions | 2022-12-31 | $0 |
| Expenses. Administrative service providers (salaries,fees and commissions) | 2022-12-31 | $8,864 |
| 2023: HI-NOON PETROLEUM, INC. 401(K) PLAN 2023 form 5500 responses |
|---|
| 2023-01-01 | Type of plan entity | Single employer plan |
| 2023-01-01 | This submission is the final filing | No |
| 2023-01-01 | Plan is a collectively bargained plan | No |
| 2023-01-01 | Plan funding arrangement – Trust | Yes |
| 2023-01-01 | Plan benefit arrangement - Trust | Yes |
| 2022: HI-NOON PETROLEUM, INC. 401(K) PLAN 2022 form 5500 responses |
|---|
| 2022-01-01 | Type of plan entity | Single employer plan |
| 2022-01-01 | Submission has been amended | No |
| 2022-01-01 | This submission is the final filing | No |
| 2022-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
| 2022-01-01 | Plan is a collectively bargained plan | No |
| 2022-01-01 | Plan funding arrangement – Trust | Yes |
| 2022-01-01 | Plan benefit arrangement - Trust | Yes |
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