Fidelity bond in place
Not reported
Filing1411 Broadway, 2nd FLNew York, NY 10018
Basic Resources Inc. Profit Sharing Plan
Basic Resources Inc. • EIN 13-3707539 • New York, NY • Plan year 2017
Filing Insights
Participants
Down56 → 13
-43 • -76.79%
Assets
No comparison- → $375,579
No earlier value available.
Investment Management Fee
-
Admin expenses - • Total expenses -
Filing Details
ContextNo event flags were generated for this filing.
Status Flags
Limited-scope audit performed
Not reported
Contributions transmitted on time
Not reported
Participant loans in default
Not reported
Leases in default
Not reported
Reportable party-in-interest issues
Not reported
Loss discovered during year
Not reported
Assets with undetermined value
Not reported
Non-cash contributions
Not reported
Assets held for investment
Not reported
5% transactions reported
Not reported
All plan assets distributed
Not reported
Benefits paid when due
Not reported
Plan blackout period
Not reported
Plan termination resolution adopted
Not reported
Counterparties
This Form 5500-SF filing only has summary rows in the source dataset, so there are no separate schedule rows to display.
Company Timeline
This filing is highlighted inside the broader sponsor history.
| Year / Filing | Filings | Participants | Assets | Contributions | Contrib./Participant |
|---|---|---|---|---|---|
| 2019 | 1 | 0 | $0 | $0 | - |
| Basic Resources Inc. Profit Sharing Plan | - | 0 | $0 | $0 | - |
| 2018 | 1 | 16 | $376,262 | $39,708 | $2,482iApproximate average salary by contribution assumption: employee only about $62,044 at 4% or $41,363 at 6%; with 50% employer match about $41,363 at 4% or $27,575 at 6%; with 100% employer match about $31,022 at 4% or $20,681 at 6%. |
| Basic Resources Inc. Profit Sharing Plan | - | 16 | $376,262 | $39,708 | $2,482iApproximate average salary by contribution assumption: employee only about $62,044 at 4% or $41,363 at 6%; with 50% employer match about $41,363 at 4% or $27,575 at 6%; with 100% employer match about $31,022 at 4% or $20,681 at 6%. |
| 2017 | 1 | 13 | $375,579 | $56,418 | $4,340iApproximate average salary by contribution assumption: employee only about $108,496 at 4% or $72,331 at 6%; with 50% employer match about $72,331 at 4% or $48,221 at 6%; with 100% employer match about $54,248 at 4% or $36,165 at 6%. |
| Basic Resources Inc. Profit Sharing Plan | Current | 13 | $375,579 | $56,418 | $4,340iApproximate average salary by contribution assumption: employee only about $108,496 at 4% or $72,331 at 6%; with 50% employer match about $72,331 at 4% or $48,221 at 6%; with 100% employer match about $54,248 at 4% or $36,165 at 6%. |
| 2016 | 1 | 14 | $289,434 | $55,822 | $3,987iApproximate average salary by contribution assumption: employee only about $99,682 at 4% or $66,455 at 6%; with 50% employer match about $66,455 at 4% or $44,303 at 6%; with 100% employer match about $49,841 at 4% or $33,227 at 6%. |
| Basic Resources Inc. Profit Sharing Plan | - | 14 | $289,434 | $55,822 | $3,987iApproximate average salary by contribution assumption: employee only about $99,682 at 4% or $66,455 at 6%; with 50% employer match about $66,455 at 4% or $44,303 at 6%; with 100% employer match about $49,841 at 4% or $33,227 at 6%. |
| 2015 | 1 | 10 | $239,368 | $15,158 | $1,516iApproximate average salary by contribution assumption: employee only about $37,895 at 4% or $25,263 at 6%; with 50% employer match about $25,263 at 4% or $16,842 at 6%; with 100% employer match about $18,948 at 4% or $12,632 at 6%. |
| Basic Resources Inc. Profit Sharing Plan | - | 10 | $239,368 | $15,158 | $1,516iApproximate average salary by contribution assumption: employee only about $37,895 at 4% or $25,263 at 6%; with 50% employer match about $25,263 at 4% or $16,842 at 6%; with 100% employer match about $18,948 at 4% or $12,632 at 6%. |
| 2014 | 1 | 9 | $226,649 | $22,061 | $2,451iApproximate average salary by contribution assumption: employee only about $61,281 at 4% or $40,854 at 6%; with 50% employer match about $40,854 at 4% or $27,236 at 6%; with 100% employer match about $30,640 at 4% or $20,427 at 6%. |
| Basic Resources Inc. Profit Sharing Plan | - | 9 | $226,649 | $22,061 | $2,451iApproximate average salary by contribution assumption: employee only about $61,281 at 4% or $40,854 at 6%; with 50% employer match about $40,854 at 4% or $27,236 at 6%; with 100% employer match about $30,640 at 4% or $20,427 at 6%. |
| 2013 | 1 | 8 | $223,170 | $7,975 | $997iApproximate average salary by contribution assumption: employee only about $24,922 at 4% or $16,615 at 6%; with 50% employer match about $16,615 at 4% or $11,076 at 6%; with 100% employer match about $12,461 at 4% or $8,307 at 6%. |
| Basic Resources Inc. Profit Sharing Plan | - | 8 | $223,170 | $7,975 | $997iApproximate average salary by contribution assumption: employee only about $24,922 at 4% or $16,615 at 6%; with 50% employer match about $16,615 at 4% or $11,076 at 6%; with 100% employer match about $12,461 at 4% or $8,307 at 6%. |
| 2012 | 1 | 9 | $190,833 | $14,385 | $1,598iApproximate average salary by contribution assumption: employee only about $39,958 at 4% or $26,639 at 6%; with 50% employer match about $26,639 at 4% or $17,759 at 6%; with 100% employer match about $19,979 at 4% or $13,319 at 6%. |
| Basic Resources Inc. Profit Sharing Plan | - | 9 | $190,833 | $14,385 | $1,598iApproximate average salary by contribution assumption: employee only about $39,958 at 4% or $26,639 at 6%; with 50% employer match about $26,639 at 4% or $17,759 at 6%; with 100% employer match about $19,979 at 4% or $13,319 at 6%. |
| 2011 | 1 | 10 | $228,485 | $37,422 | $3,742iApproximate average salary by contribution assumption: employee only about $93,555 at 4% or $62,370 at 6%; with 50% employer match about $62,370 at 4% or $41,580 at 6%; with 100% employer match about $46,778 at 4% or $31,185 at 6%. |
| Basic Resources Inc. Profit Sharing Plan | - | 10 | $228,485 | $37,422 | $3,742iApproximate average salary by contribution assumption: employee only about $93,555 at 4% or $62,370 at 6%; with 50% employer match about $62,370 at 4% or $41,580 at 6%; with 100% employer match about $46,778 at 4% or $31,185 at 6%. |
| 2010 | 1 | 10 | $206,120 | $64,292 | $6,429iApproximate average salary by contribution assumption: employee only about $160,730 at 4% or $107,153 at 6%; with 50% employer match about $107,153 at 4% or $71,436 at 6%; with 100% employer match about $80,365 at 4% or $53,577 at 6%. |
| Basic Resources Inc. Profit Sharing Plan | - | 10 | $206,120 | $64,292 | $6,429iApproximate average salary by contribution assumption: employee only about $160,730 at 4% or $107,153 at 6%; with 50% employer match about $107,153 at 4% or $71,436 at 6%; with 100% employer match about $80,365 at 4% or $53,577 at 6%. |
| 2009 | 1 | 6 | $118,076 | $31,006 | $5,168iApproximate average salary by contribution assumption: employee only about $129,192 at 4% or $86,128 at 6%; with 50% employer match about $86,128 at 4% or $57,419 at 6%; with 100% employer match about $64,596 at 4% or $43,064 at 6%. |
| Basic Resources Inc. Profit Sharing Plan | - | 6 | $118,076 | $31,006 | $5,168iApproximate average salary by contribution assumption: employee only about $129,192 at 4% or $86,128 at 6%; with 50% employer match about $86,128 at 4% or $57,419 at 6%; with 100% employer match about $64,596 at 4% or $43,064 at 6%. |
| 2008 | 1 | 10 | $62,805 | $39,289 | $3,929iApproximate average salary by contribution assumption: employee only about $98,223 at 4% or $65,482 at 6%; with 50% employer match about $65,482 at 4% or $43,654 at 6%; with 100% employer match about $49,111 at 4% or $32,741 at 6%. |
| Basic Resources Inc. Profit Sharing Plan | - | 10 | $62,805 | $39,289 | $3,929iApproximate average salary by contribution assumption: employee only about $98,223 at 4% or $65,482 at 6%; with 50% employer match about $65,482 at 4% or $43,654 at 6%; with 100% employer match about $49,111 at 4% or $32,741 at 6%. |
| 2007 | 1 | 8 | $49,697 | $49,005 | $6,126iApproximate average salary by contribution assumption: employee only about $153,141 at 4% or $102,094 at 6%; with 50% employer match about $102,094 at 4% or $68,063 at 6%; with 100% employer match about $76,570 at 4% or $51,047 at 6%. |
| Basic Resources Inc. Profit Sharing Plan | - | 8 | $49,697 | $49,005 | $6,126iApproximate average salary by contribution assumption: employee only about $153,141 at 4% or $102,094 at 6%; with 50% employer match about $102,094 at 4% or $68,063 at 6%; with 100% employer match about $76,570 at 4% or $51,047 at 6%. |
| 2003 | 1 | 0 | $0 | $0 | - |
| Basic Resources Inc. Profit Sharing Plan | - | 0 | - | - | - |
| 2002 | 1 | 3 | $50,931 | $0 | - |
| Basic Resources Inc. Profit Sharing Plan | - | 3 | $50,931 | - | - |
| 2001 | 1 | 3 | $0 | $0 | - |
| Basic Resources Inc. Profit Sharing Plan | - | 3 | - | - | - |
| 2000 | 1 | 3 | $90,843 | $0 | - |
| Basic Resources Inc. Profit Sharing Plan | - | 3 | $90,843 | - | - |
| 1999 | 1 | 4 | $146,630 | $0 | - |
| Basic Resources Inc. Profit Sharing Plan | - | 4 | $146,630 | - | - |
Schedule Details
This Form 5500-SF filing only has summary rows in the source dataset, so there are no separate schedule rows to display.
Filing received by DOL Oct 01, 2018