Civic Intelligence

Falk Drilling Inc.

Plan context: Falk Drilling 401(K) Plan and Trust

EIN 20-2151931 • Hankinson, ND • 17 filings • 2 plans

P.O. Box 69Hankinson, ND 58041
Current Snapshot

Latest Year

2024

2024 Participants

6

2024 Assets

$2,492,814

2024 Contributions

$115,240

Historical Graphs

Total Assets Over Time

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

$2,492,814$1,246,407$0200820162024YearValue
$2,492,814Latest year 2024

Participants Over Time

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

1260200820162024YearValue
6Latest year 2024

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
202416$2,492,814$115,240$19,207iApproximate average salary by contribution assumption: employee only about $480,167 at 4% or $320,111 at 6%; with 50% employer match about $320,111 at 4% or $213,407 at 6%; with 100% employer match about $240,083 at 4% or $160,056 at 6%.
Falk Drilling 401(K) Plan and Trust-6$2,492,814$115,240$19,207iApproximate average salary by contribution assumption: employee only about $480,167 at 4% or $320,111 at 6%; with 50% employer match about $320,111 at 4% or $213,407 at 6%; with 100% employer match about $240,083 at 4% or $160,056 at 6%.
202317$2,159,297$81,648$11,664iApproximate average salary by contribution assumption: employee only about $291,600 at 4% or $194,400 at 6%; with 50% employer match about $194,400 at 4% or $129,600 at 6%; with 100% employer match about $145,800 at 4% or $97,200 at 6%.
Falk Drilling 401(K) Plan and Trust-7$2,159,297$81,648$11,664iApproximate average salary by contribution assumption: employee only about $291,600 at 4% or $194,400 at 6%; with 50% employer match about $194,400 at 4% or $129,600 at 6%; with 100% employer match about $145,800 at 4% or $97,200 at 6%.
202216$1,773,247$73,254$12,209iApproximate average salary by contribution assumption: employee only about $305,225 at 4% or $203,483 at 6%; with 50% employer match about $203,483 at 4% or $135,656 at 6%; with 100% employer match about $152,613 at 4% or $101,742 at 6%.
Falk Drilling 401(K) Plan and Trust-6$1,773,247$73,254$12,209iApproximate average salary by contribution assumption: employee only about $305,225 at 4% or $203,483 at 6%; with 50% employer match about $203,483 at 4% or $135,656 at 6%; with 100% employer match about $152,613 at 4% or $101,742 at 6%.
202116$2,056,967$67,721$11,287iApproximate average salary by contribution assumption: employee only about $282,171 at 4% or $188,114 at 6%; with 50% employer match about $188,114 at 4% or $125,409 at 6%; with 100% employer match about $141,085 at 4% or $94,057 at 6%.
Falk Drilling 401(K) Plan and Trust-6$2,056,967$67,721$11,287iApproximate average salary by contribution assumption: employee only about $282,171 at 4% or $188,114 at 6%; with 50% employer match about $188,114 at 4% or $125,409 at 6%; with 100% employer match about $141,085 at 4% or $94,057 at 6%.
202016$1,756,465$65,019$10,837iApproximate average salary by contribution assumption: employee only about $270,913 at 4% or $180,608 at 6%; with 50% employer match about $180,608 at 4% or $120,406 at 6%; with 100% employer match about $135,456 at 4% or $90,304 at 6%.
Falk Drilling 401(K) Plan and Trust-6$1,756,465$65,019$10,837iApproximate average salary by contribution assumption: employee only about $270,913 at 4% or $180,608 at 6%; with 50% employer match about $180,608 at 4% or $120,406 at 6%; with 100% employer match about $135,456 at 4% or $90,304 at 6%.
201916$1,436,356$70,670$11,778iApproximate average salary by contribution assumption: employee only about $294,458 at 4% or $196,306 at 6%; with 50% employer match about $196,306 at 4% or $130,870 at 6%; with 100% employer match about $147,229 at 4% or $98,153 at 6%.
Falk Drilling 401(K) Plan and Trust-6$1,436,356$70,670$11,778iApproximate average salary by contribution assumption: employee only about $294,458 at 4% or $196,306 at 6%; with 50% employer match about $196,306 at 4% or $130,870 at 6%; with 100% employer match about $147,229 at 4% or $98,153 at 6%.
201817$1,133,587$59,129$8,447iApproximate average salary by contribution assumption: employee only about $211,175 at 4% or $140,783 at 6%; with 50% employer match about $140,783 at 4% or $93,856 at 6%; with 100% employer match about $105,588 at 4% or $70,392 at 6%.
Falk Drilling 401(K) Plan and Trust-7$1,133,587$59,129$8,447iApproximate average salary by contribution assumption: employee only about $211,175 at 4% or $140,783 at 6%; with 50% employer match about $140,783 at 4% or $93,856 at 6%; with 100% employer match about $105,588 at 4% or $70,392 at 6%.
201716$1,228,420$57,334$9,556iApproximate average salary by contribution assumption: employee only about $238,892 at 4% or $159,261 at 6%; with 50% employer match about $159,261 at 4% or $106,174 at 6%; with 100% employer match about $119,446 at 4% or $79,631 at 6%.
Falk Drilling 401(K) Plan and Trust-6$1,228,420$57,334$9,556iApproximate average salary by contribution assumption: employee only about $238,892 at 4% or $159,261 at 6%; with 50% employer match about $159,261 at 4% or $106,174 at 6%; with 100% employer match about $119,446 at 4% or $79,631 at 6%.
201616$968,304$70,941$11,824iApproximate average salary by contribution assumption: employee only about $295,588 at 4% or $197,058 at 6%; with 50% employer match about $197,058 at 4% or $131,372 at 6%; with 100% employer match about $147,794 at 4% or $98,529 at 6%.
Falk Drilling 401(K) Plan and Trust-6$968,304$70,941$11,824iApproximate average salary by contribution assumption: employee only about $295,588 at 4% or $197,058 at 6%; with 50% employer match about $197,058 at 4% or $131,372 at 6%; with 100% employer match about $147,794 at 4% or $98,529 at 6%.
201516$832,513$67,437$11,240iApproximate average salary by contribution assumption: employee only about $280,988 at 4% or $187,325 at 6%; with 50% employer match about $187,325 at 4% or $124,883 at 6%; with 100% employer match about $140,494 at 4% or $93,663 at 6%.
Falk Drilling 401(K) Plan and Trust-6$832,513$67,437$11,240iApproximate average salary by contribution assumption: employee only about $280,988 at 4% or $187,325 at 6%; with 50% employer match about $187,325 at 4% or $124,883 at 6%; with 100% employer match about $140,494 at 4% or $93,663 at 6%.
201416$765,995$64,030$10,672iApproximate average salary by contribution assumption: employee only about $266,792 at 4% or $177,861 at 6%; with 50% employer match about $177,861 at 4% or $118,574 at 6%; with 100% employer match about $133,396 at 4% or $88,931 at 6%.
Falk Drilling 401(K) Plan and Trust-6$765,995$64,030$10,672iApproximate average salary by contribution assumption: employee only about $266,792 at 4% or $177,861 at 6%; with 50% employer match about $177,861 at 4% or $118,574 at 6%; with 100% employer match about $133,396 at 4% or $88,931 at 6%.
201316$658,600$57,410$9,568iApproximate average salary by contribution assumption: employee only about $239,208 at 4% or $159,472 at 6%; with 50% employer match about $159,472 at 4% or $106,315 at 6%; with 100% employer match about $119,604 at 4% or $79,736 at 6%.
Falk Drilling 401(K) Plan and Trust-6$658,600$57,410$9,568iApproximate average salary by contribution assumption: employee only about $239,208 at 4% or $159,472 at 6%; with 50% employer match about $159,472 at 4% or $106,315 at 6%; with 100% employer match about $119,604 at 4% or $79,736 at 6%.
201216$476,603$77,866$12,978iApproximate average salary by contribution assumption: employee only about $324,442 at 4% or $216,294 at 6%; with 50% employer match about $216,294 at 4% or $144,196 at 6%; with 100% employer match about $162,221 at 4% or $108,147 at 6%.
Falk Drilling 401(K) Plan and Trust-6$476,603$77,866$12,978iApproximate average salary by contribution assumption: employee only about $324,442 at 4% or $216,294 at 6%; with 50% employer match about $216,294 at 4% or $144,196 at 6%; with 100% employer match about $162,221 at 4% or $108,147 at 6%.
201115$341,536$75,242$15,048iApproximate average salary by contribution assumption: employee only about $376,210 at 4% or $250,807 at 6%; with 50% employer match about $250,807 at 4% or $167,204 at 6%; with 100% employer match about $188,105 at 4% or $125,403 at 6%.
Falk Drilling 401(K) Plan and Trust-5$341,536$75,242$15,048iApproximate average salary by contribution assumption: employee only about $376,210 at 4% or $250,807 at 6%; with 50% employer match about $250,807 at 4% or $167,204 at 6%; with 100% employer match about $188,105 at 4% or $125,403 at 6%.
2010110$275,061$66,917$6,692iApproximate average salary by contribution assumption: employee only about $167,293 at 4% or $111,528 at 6%; with 50% employer match about $111,528 at 4% or $74,352 at 6%; with 100% employer match about $83,646 at 4% or $55,764 at 6%.
Falk Drilling 401(K) Plan and Trust-10$275,061$66,917$6,692iApproximate average salary by contribution assumption: employee only about $167,293 at 4% or $111,528 at 6%; with 50% employer match about $111,528 at 4% or $74,352 at 6%; with 100% employer match about $83,646 at 4% or $55,764 at 6%.
2009112$185,190$68,848$5,737iApproximate average salary by contribution assumption: employee only about $143,433 at 4% or $95,622 at 6%; with 50% employer match about $95,622 at 4% or $63,748 at 6%; with 100% employer match about $71,717 at 4% or $47,811 at 6%.
Falk Drilling 401(K) Plan and Trust-12$185,190$68,848$5,737iApproximate average salary by contribution assumption: employee only about $143,433 at 4% or $95,622 at 6%; with 50% employer match about $95,622 at 4% or $63,748 at 6%; with 100% employer match about $71,717 at 4% or $47,811 at 6%.
2008112$83,200$113,502$9,459iApproximate average salary by contribution assumption: employee only about $236,463 at 4% or $157,642 at 6%; with 50% employer match about $157,642 at 4% or $105,094 at 6%; with 100% employer match about $118,231 at 4% or $78,821 at 6%.
Falk Drilling 401(K) Plan and Trust-12$83,200$113,502$9,459iApproximate average salary by contribution assumption: employee only about $236,463 at 4% or $157,642 at 6%; with 50% employer match about $157,642 at 4% or $105,094 at 6%; with 100% employer match about $118,231 at 4% or $78,821 at 6%.