Atlantic Directional Drilling Inc.
Plan context: Atlantic Directional Drilling Inc. Employee Stock Ownership Plan
EIN 20-1025923 • 3 filings • 1 plans
Current Snapshot
Latest Year
2024
2024 Participants
20
2024 Assets
$11,510,323
2024 Contributions
$600,000
Historical Graphs
Total Assets Over Time
Aggregate end-of-year assets by filing year, excluding zero-asset years
Participants Over Time
Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans
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 / Filing | Filings | Participants | Assets | Contributions | Contrib./Participant |
|---|---|---|---|---|---|
| 2024 | 1 | 20 | $11,510,323 | $600,000 | $30,000iApproximate average salary by contribution assumption: employee only about $750,000 at 4% or $500,000 at 6%; with 50% employer match about $500,000 at 4% or $333,333 at 6%; with 100% employer match about $375,000 at 4% or $250,000 at 6%. |
| Atlantic Directional Drilling Inc. Employee Stock Ownership Plan | - | 20 | $11,510,323 | $600,000 | $30,000iApproximate average salary by contribution assumption: employee only about $750,000 at 4% or $500,000 at 6%; with 50% employer match about $500,000 at 4% or $333,333 at 6%; with 100% employer match about $375,000 at 4% or $250,000 at 6%. |
| 2023 | 1 | 21 | $2,323,034 | $450,000 | $21,429iApproximate average salary by contribution assumption: employee only about $535,714 at 4% or $357,143 at 6%; with 50% employer match about $357,143 at 4% or $238,095 at 6%; with 100% employer match about $267,857 at 4% or $178,571 at 6%. |
| Atlantic Directional Drilling Inc. Employee Stock Ownership Plan | - | 21 | $2,323,034 | $450,000 | $21,429iApproximate average salary by contribution assumption: employee only about $535,714 at 4% or $357,143 at 6%; with 50% employer match about $357,143 at 4% or $238,095 at 6%; with 100% employer match about $267,857 at 4% or $178,571 at 6%. |
| 2022 | 1 | 18 | $922,726 | $200,500 | $11,139iApproximate average salary by contribution assumption: employee only about $278,472 at 4% or $185,648 at 6%; with 50% employer match about $185,648 at 4% or $123,765 at 6%; with 100% employer match about $139,236 at 4% or $92,824 at 6%. |
| Atlantic Directional Drilling Inc. Employee Stock Ownership Plan | - | 18 | $922,726 | $200,500 | $11,139iApproximate average salary by contribution assumption: employee only about $278,472 at 4% or $185,648 at 6%; with 50% employer match about $185,648 at 4% or $123,765 at 6%; with 100% employer match about $139,236 at 4% or $92,824 at 6%. |