Civic Intelligence

GOODWIN WELL DRILLING, INC.

Plan context: Goodwin Well Drilling Inc. Profit Sharing Plan

EIN 01-0320146 • North Turner, ME • 23 filings • 2 plans

PO Box 661North Turner, ME 04266
Current Snapshot

Latest Year

2023

2023 Participants

22

2023 Assets

$1,742,307

2023 Contributions

$100,338

Historical Graphs

Total Assets Over Time

Aggregate end-of-year assets by filing year, excluding zero-asset years

$2,765,589$1,382,795$0199920132023YearValue
$1,742,307Latest year 2023

Participants Over Time

Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans

26130199920122023YearValue
22Latest year 2023

Company Timeline

Year summaries and individual filings are combined here so you can stay in one place while moving across years and plan filings.

Year / FilingFilingsParticipantsAssetsContributionsContrib./Participant
2023122$1,742,307$100,338$4,561iApproximate average salary by contribution assumption: employee only about $114,020 at 4% or $76,014 at 6%; with 50% employer match about $76,014 at 4% or $50,676 at 6%; with 100% employer match about $57,010 at 4% or $38,007 at 6%.
Goodwin Well Drilling Inc. Profit Sharing Plan-22$1,742,307$100,338$4,561iApproximate average salary by contribution assumption: employee only about $114,020 at 4% or $76,014 at 6%; with 50% employer match about $76,014 at 4% or $50,676 at 6%; with 100% employer match about $57,010 at 4% or $38,007 at 6%.
2022121$2,523,026$116,690$5,557iApproximate average salary by contribution assumption: employee only about $138,917 at 4% or $92,611 at 6%; with 50% employer match about $92,611 at 4% or $61,741 at 6%; with 100% employer match about $69,458 at 4% or $46,306 at 6%.
Goodwin Well Drilling Inc. Profit Sharing Plan-21$2,523,026$116,690$5,557iApproximate average salary by contribution assumption: employee only about $138,917 at 4% or $92,611 at 6%; with 50% employer match about $92,611 at 4% or $61,741 at 6%; with 100% employer match about $69,458 at 4% or $46,306 at 6%.
2021121$2,337,947$83,395$3,971iApproximate average salary by contribution assumption: employee only about $99,280 at 4% or $66,187 at 6%; with 50% employer match about $66,187 at 4% or $44,124 at 6%; with 100% employer match about $49,640 at 4% or $33,093 at 6%.
Goodwin Well Drilling Inc. Profit Sharing Plan-21$2,337,947$83,395$3,971iApproximate average salary by contribution assumption: employee only about $99,280 at 4% or $66,187 at 6%; with 50% employer match about $66,187 at 4% or $44,124 at 6%; with 100% employer match about $49,640 at 4% or $33,093 at 6%.
2020122$2,765,589$80,675$3,667iApproximate average salary by contribution assumption: employee only about $91,676 at 4% or $61,117 at 6%; with 50% employer match about $61,117 at 4% or $40,745 at 6%; with 100% employer match about $45,838 at 4% or $30,559 at 6%.
Goodwin Well Drilling Inc. Profit Sharing Plan-22$2,765,589$80,675$3,667iApproximate average salary by contribution assumption: employee only about $91,676 at 4% or $61,117 at 6%; with 50% employer match about $61,117 at 4% or $40,745 at 6%; with 100% employer match about $45,838 at 4% or $30,559 at 6%.
2019124$2,290,993$97,001$4,042iApproximate average salary by contribution assumption: employee only about $101,043 at 4% or $67,362 at 6%; with 50% employer match about $67,362 at 4% or $44,908 at 6%; with 100% employer match about $50,521 at 4% or $33,681 at 6%.
Goodwin Well Drilling Inc. Profit Sharing Plan-24$2,290,993$97,001$4,042iApproximate average salary by contribution assumption: employee only about $101,043 at 4% or $67,362 at 6%; with 50% employer match about $67,362 at 4% or $44,908 at 6%; with 100% employer match about $50,521 at 4% or $33,681 at 6%.
2018126$2,123,760$108,137$4,159iApproximate average salary by contribution assumption: employee only about $103,978 at 4% or $69,319 at 6%; with 50% employer match about $69,319 at 4% or $46,212 at 6%; with 100% employer match about $51,989 at 4% or $34,659 at 6%.
Goodwin Well Drilling Inc. Profit Sharing Plan-26$2,123,760$108,137$4,159iApproximate average salary by contribution assumption: employee only about $103,978 at 4% or $69,319 at 6%; with 50% employer match about $69,319 at 4% or $46,212 at 6%; with 100% employer match about $51,989 at 4% or $34,659 at 6%.
2017125$1,987,556$103,962$4,158iApproximate average salary by contribution assumption: employee only about $103,962 at 4% or $69,308 at 6%; with 50% employer match about $69,308 at 4% or $46,205 at 6%; with 100% employer match about $51,981 at 4% or $34,654 at 6%.
Goodwin Well Drilling Inc. Profit Sharing Plan-25$1,987,556$103,962$4,158iApproximate average salary by contribution assumption: employee only about $103,962 at 4% or $69,308 at 6%; with 50% employer match about $69,308 at 4% or $46,205 at 6%; with 100% employer match about $51,981 at 4% or $34,654 at 6%.
2016126$1,819,373$105,658$4,064iApproximate average salary by contribution assumption: employee only about $101,594 at 4% or $67,729 at 6%; with 50% employer match about $67,729 at 4% or $45,153 at 6%; with 100% employer match about $50,797 at 4% or $33,865 at 6%.
Goodwin Well Drilling Inc. Profit Sharing Plan-26$1,819,373$105,658$4,064iApproximate average salary by contribution assumption: employee only about $101,594 at 4% or $67,729 at 6%; with 50% employer match about $67,729 at 4% or $45,153 at 6%; with 100% employer match about $50,797 at 4% or $33,865 at 6%.
2015122$1,560,215$74,408$3,382iApproximate average salary by contribution assumption: employee only about $84,555 at 4% or $56,370 at 6%; with 50% employer match about $56,370 at 4% or $37,580 at 6%; with 100% employer match about $42,277 at 4% or $28,185 at 6%.
Goodwin Well Drilling Inc. Profit Sharing Plan-22$1,560,215$74,408$3,382iApproximate average salary by contribution assumption: employee only about $84,555 at 4% or $56,370 at 6%; with 50% employer match about $56,370 at 4% or $37,580 at 6%; with 100% employer match about $42,277 at 4% or $28,185 at 6%.
2014119$1,372,064$68,874$3,625iApproximate average salary by contribution assumption: employee only about $90,624 at 4% or $60,416 at 6%; with 50% employer match about $60,416 at 4% or $40,277 at 6%; with 100% employer match about $45,312 at 4% or $30,208 at 6%.
Goodwin Well Drilling Inc. Profit Sharing Plan-19$1,372,064$68,874$3,625iApproximate average salary by contribution assumption: employee only about $90,624 at 4% or $60,416 at 6%; with 50% employer match about $60,416 at 4% or $40,277 at 6%; with 100% employer match about $45,312 at 4% or $30,208 at 6%.
2013120$1,585,770$62,019$3,101iApproximate average salary by contribution assumption: employee only about $77,524 at 4% or $51,683 at 6%; with 50% employer match about $51,683 at 4% or $34,455 at 6%; with 100% employer match about $38,762 at 4% or $25,841 at 6%.
Goodwin Well Drilling Inc. Profit Sharing Plan-20$1,585,770$62,019$3,101iApproximate average salary by contribution assumption: employee only about $77,524 at 4% or $51,683 at 6%; with 50% employer match about $51,683 at 4% or $34,455 at 6%; with 100% employer match about $38,762 at 4% or $25,841 at 6%.
2012122$1,507,994$64,334$2,924iApproximate average salary by contribution assumption: employee only about $73,107 at 4% or $48,738 at 6%; with 50% employer match about $48,738 at 4% or $32,492 at 6%; with 100% employer match about $36,553 at 4% or $24,369 at 6%.
Goodwin Well Drilling Inc. Profit Sharing Plan-22$1,507,994$64,334$2,924iApproximate average salary by contribution assumption: employee only about $73,107 at 4% or $48,738 at 6%; with 50% employer match about $48,738 at 4% or $32,492 at 6%; with 100% employer match about $36,553 at 4% or $24,369 at 6%.
2011121$1,283,435$64,735$3,083iApproximate average salary by contribution assumption: employee only about $77,065 at 4% or $51,377 at 6%; with 50% employer match about $51,377 at 4% or $34,251 at 6%; with 100% employer match about $38,533 at 4% or $25,688 at 6%.
Goodwin Well Drilling Inc. Profit Sharing Plan-21$1,283,435$64,735$3,083iApproximate average salary by contribution assumption: employee only about $77,065 at 4% or $51,377 at 6%; with 50% employer match about $51,377 at 4% or $34,251 at 6%; with 100% employer match about $38,533 at 4% or $25,688 at 6%.
2010120$1,233,803$55,201$2,760iApproximate average salary by contribution assumption: employee only about $69,001 at 4% or $46,001 at 6%; with 50% employer match about $46,001 at 4% or $30,667 at 6%; with 100% employer match about $34,501 at 4% or $23,000 at 6%.
Goodwin Well Drilling Inc. Profit Sharing Plan-20$1,233,803$55,201$2,760iApproximate average salary by contribution assumption: employee only about $69,001 at 4% or $46,001 at 6%; with 50% employer match about $46,001 at 4% or $30,667 at 6%; with 100% employer match about $34,501 at 4% or $23,000 at 6%.
2009119$1,025,692$39,372$2,072iApproximate average salary by contribution assumption: employee only about $51,805 at 4% or $34,537 at 6%; with 50% employer match about $34,537 at 4% or $23,025 at 6%; with 100% employer match about $25,903 at 4% or $17,268 at 6%.
Goodwin Well Drilling Inc. Profit Sharing Plan-19$1,025,692$39,372$2,072iApproximate average salary by contribution assumption: employee only about $51,805 at 4% or $34,537 at 6%; with 50% employer match about $34,537 at 4% or $23,025 at 6%; with 100% employer match about $25,903 at 4% or $17,268 at 6%.
2006118$1,204,365$43,658$2,425iApproximate average salary by contribution assumption: employee only about $60,636 at 4% or $40,424 at 6%; with 50% employer match about $40,424 at 4% or $26,949 at 6%; with 100% employer match about $30,318 at 4% or $20,212 at 6%.
Goodwin Well Drilling Inc. Profit Sharing Plan-18$1,204,365$43,658$2,425iApproximate average salary by contribution assumption: employee only about $60,636 at 4% or $40,424 at 6%; with 50% employer match about $40,424 at 4% or $26,949 at 6%; with 100% employer match about $30,318 at 4% or $20,212 at 6%.
2005120$1,087,678$44,643$2,232iApproximate average salary by contribution assumption: employee only about $55,804 at 4% or $37,203 at 6%; with 50% employer match about $37,203 at 4% or $24,802 at 6%; with 100% employer match about $27,902 at 4% or $18,601 at 6%.
Goodwin Well Drilling Inc. Profit Sharing Plan-20$1,087,678$44,643$2,232iApproximate average salary by contribution assumption: employee only about $55,804 at 4% or $37,203 at 6%; with 50% employer match about $37,203 at 4% or $24,802 at 6%; with 100% employer match about $27,902 at 4% or $18,601 at 6%.
2004120$947,578$85,029$4,251iApproximate average salary by contribution assumption: employee only about $106,286 at 4% or $70,858 at 6%; with 50% employer match about $70,858 at 4% or $47,238 at 6%; with 100% employer match about $53,143 at 4% or $35,429 at 6%.
Goodwin Well Drilling Inc. Profit Sharing Plan-20$947,578$85,029$4,251iApproximate average salary by contribution assumption: employee only about $106,286 at 4% or $70,858 at 6%; with 50% employer match about $70,858 at 4% or $47,238 at 6%; with 100% employer match about $53,143 at 4% or $35,429 at 6%.
2003120$801,730$86,809$4,340iApproximate average salary by contribution assumption: employee only about $108,511 at 4% or $72,341 at 6%; with 50% employer match about $72,341 at 4% or $48,227 at 6%; with 100% employer match about $54,256 at 4% or $36,170 at 6%.
Goodwin Well Drilling Inc. Profit Sharing Plan-20$801,730$86,809$4,340iApproximate average salary by contribution assumption: employee only about $108,511 at 4% or $72,341 at 6%; with 50% employer match about $72,341 at 4% or $48,227 at 6%; with 100% employer match about $54,256 at 4% or $36,170 at 6%.
2002116$544,037$49,774$3,111iApproximate average salary by contribution assumption: employee only about $77,772 at 4% or $51,848 at 6%; with 50% employer match about $51,848 at 4% or $34,565 at 6%; with 100% employer match about $38,886 at 4% or $25,924 at 6%.
Goodwin Well Drilling Inc. Profit Sharing Plan-16$544,037$49,774$3,111iApproximate average salary by contribution assumption: employee only about $77,772 at 4% or $51,848 at 6%; with 50% employer match about $51,848 at 4% or $34,565 at 6%; with 100% employer match about $38,886 at 4% or $25,924 at 6%.
2001117$625,365$50,000$2,941iApproximate average salary by contribution assumption: employee only about $73,529 at 4% or $49,020 at 6%; with 50% employer match about $49,020 at 4% or $32,680 at 6%; with 100% employer match about $36,765 at 4% or $24,510 at 6%.
Goodwin Well Drilling Inc. Profit Sharing Plan-17$625,365$50,000$2,941iApproximate average salary by contribution assumption: employee only about $73,529 at 4% or $49,020 at 6%; with 50% employer match about $49,020 at 4% or $32,680 at 6%; with 100% employer match about $36,765 at 4% or $24,510 at 6%.
2000118$0$0-
Goodwin Well Drilling Inc. Profit Sharing Plan-18---
1999118$817,469$40,000$2,222iApproximate average salary by contribution assumption: employee only about $55,556 at 4% or $37,037 at 6%; with 50% employer match about $37,037 at 4% or $24,691 at 6%; with 100% employer match about $27,778 at 4% or $18,519 at 6%.
Goodwin Well Drilling Inc. Profit Sharing Plan-18$817,469$40,000$2,222iApproximate average salary by contribution assumption: employee only about $55,556 at 4% or $37,037 at 6%; with 50% employer match about $37,037 at 4% or $24,691 at 6%; with 100% employer match about $27,778 at 4% or $18,519 at 6%.
GOODWIN WELL DRILLING, INC. | EIN 01-0320146 | 2023 Form 5500 Company Profile