Civic Intelligence

Idea Drilling LLC

Plan context: Idea Drilling/Minex 401K Plan

EIN 20-8714989 • Virginia, MN • 14 filings • 5 plans

1997 9th Ave. N.Virginia, MN 55792
Current Snapshot

Latest Year

2018

2018 Participants

44

2018 Assets

$1,780,391

2018 Contributions

$348,316

Historical Graphs

Total Assets Over Time

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

$1,780,391$890,196$0200820132018YearValue
$1,780,391Latest year 2018

Participants Over Time

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

97490200820132018YearValue
44Latest year 2018

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
2018244$1,780,391$348,316$7,916iApproximate average salary by contribution assumption: employee only about $197,907 at 4% or $131,938 at 6%; with 50% employer match about $131,938 at 4% or $87,959 at 6%; with 100% employer match about $98,953 at 4% or $65,969 at 6%.
Idea Drilling/Minex 401K Plan-44$1,780,391$217,932$4,953iApproximate average salary by contribution assumption: employee only about $123,825 at 4% or $82,550 at 6%; with 50% employer match about $82,550 at 4% or $55,033 at 6%; with 100% employer match about $61,913 at 4% or $41,275 at 6%.
Idea Drilling/Minex 401K Plan-0$0$130,384-
2017141$1,776,767$299,507$7,305iApproximate average salary by contribution assumption: employee only about $182,626 at 4% or $121,751 at 6%; with 50% employer match about $121,751 at 4% or $81,167 at 6%; with 100% employer match about $91,313 at 4% or $60,875 at 6%.
Idea Drilling/Minex 401K Plan-41$1,776,767$299,507$7,305iApproximate average salary by contribution assumption: employee only about $182,626 at 4% or $121,751 at 6%; with 50% employer match about $121,751 at 4% or $81,167 at 6%; with 100% employer match about $91,313 at 4% or $60,875 at 6%.
2016135$1,386,653$147,810$4,223iApproximate average salary by contribution assumption: employee only about $105,579 at 4% or $70,386 at 6%; with 50% employer match about $70,386 at 4% or $46,924 at 6%; with 100% employer match about $52,789 at 4% or $35,193 at 6%.
Idea Drilling/Minex 401K Plan-35$1,386,653$147,810$4,223iApproximate average salary by contribution assumption: employee only about $105,579 at 4% or $70,386 at 6%; with 50% employer match about $70,386 at 4% or $46,924 at 6%; with 100% employer match about $52,789 at 4% or $35,193 at 6%.
2015146$1,396,717$262,251$5,701iApproximate average salary by contribution assumption: employee only about $142,528 at 4% or $95,018 at 6%; with 50% employer match about $95,018 at 4% or $63,346 at 6%; with 100% employer match about $71,264 at 4% or $47,509 at 6%.
Idea Drilling/Minex 401K Plan-46$1,396,717$262,251$5,701iApproximate average salary by contribution assumption: employee only about $142,528 at 4% or $95,018 at 6%; with 50% employer match about $95,018 at 4% or $63,346 at 6%; with 100% employer match about $71,264 at 4% or $47,509 at 6%.
2014157$1,585,021$370,014$6,491iApproximate average salary by contribution assumption: employee only about $162,287 at 4% or $108,191 at 6%; with 50% employer match about $108,191 at 4% or $72,127 at 6%; with 100% employer match about $81,143 at 4% or $54,096 at 6%.
Idea Drilling/Minex 401K Plan-57$1,585,021$370,014$6,491iApproximate average salary by contribution assumption: employee only about $162,287 at 4% or $108,191 at 6%; with 50% employer match about $108,191 at 4% or $72,127 at 6%; with 100% employer match about $81,143 at 4% or $54,096 at 6%.
2013290$1,718,078$374,991$4,167iApproximate average salary by contribution assumption: employee only about $104,164 at 4% or $69,443 at 6%; with 50% employer match about $69,443 at 4% or $46,295 at 6%; with 100% employer match about $52,082 at 4% or $34,721 at 6%.
Idea Drilling/Minex 401K Plan-77$1,718,078$374,991$4,870iApproximate average salary by contribution assumption: employee only about $121,750 at 4% or $81,167 at 6%; with 50% employer match about $81,167 at 4% or $54,111 at 6%; with 100% employer match about $60,875 at 4% or $40,583 at 6%.
IDEA DRILLING HEALTH AND WELFARE PLAN-90---
2012297$1,100,854$409,769$4,224iApproximate average salary by contribution assumption: employee only about $105,611 at 4% or $70,407 at 6%; with 50% employer match about $70,407 at 4% or $46,938 at 6%; with 100% employer match about $52,805 at 4% or $35,204 at 6%.
Idea Drilling/Minex 401K Plan-67$1,100,854$409,769$6,116iApproximate average salary by contribution assumption: employee only about $152,899 at 4% or $101,933 at 6%; with 50% employer match about $101,933 at 4% or $67,955 at 6%; with 100% employer match about $76,449 at 4% or $50,966 at 6%.
IDEA DRILLING HEALTH AND WELFARE PLAN-97---
2011119$596,207$104,363$5,493iApproximate average salary by contribution assumption: employee only about $137,320 at 4% or $91,546 at 6%; with 50% employer match about $91,546 at 4% or $61,031 at 6%; with 100% employer match about $68,660 at 4% or $45,773 at 6%.
Idea Drilling/Minex 401K Plan-19$596,207$104,363$5,493iApproximate average salary by contribution assumption: employee only about $137,320 at 4% or $91,546 at 6%; with 50% employer match about $91,546 at 4% or $61,031 at 6%; with 100% employer match about $68,660 at 4% or $45,773 at 6%.
2010118$519,083$87,534$4,863iApproximate average salary by contribution assumption: employee only about $121,575 at 4% or $81,050 at 6%; with 50% employer match about $81,050 at 4% or $54,033 at 6%; with 100% employer match about $60,788 at 4% or $40,525 at 6%.
Idea Drilling/Minex 401K Plan-18$519,083$87,534$4,863iApproximate average salary by contribution assumption: employee only about $121,575 at 4% or $81,050 at 6%; with 50% employer match about $81,050 at 4% or $54,033 at 6%; with 100% employer match about $60,788 at 4% or $40,525 at 6%.
2009114$368,960$32,456$2,318iApproximate average salary by contribution assumption: employee only about $57,957 at 4% or $38,638 at 6%; with 50% employer match about $38,638 at 4% or $25,759 at 6%; with 100% employer match about $28,979 at 4% or $19,319 at 6%.
Idea Drilling/Minex 401K Plan-14$368,960$32,456$2,318iApproximate average salary by contribution assumption: employee only about $57,957 at 4% or $38,638 at 6%; with 50% employer match about $38,638 at 4% or $25,759 at 6%; with 100% employer match about $28,979 at 4% or $19,319 at 6%.
2008140$249,722$76,176$1,904iApproximate average salary by contribution assumption: employee only about $47,610 at 4% or $31,740 at 6%; with 50% employer match about $31,740 at 4% or $21,160 at 6%; with 100% employer match about $23,805 at 4% or $15,870 at 6%.
Idea Drilling/Minex 401K Plan-40$249,722$76,176$1,904iApproximate average salary by contribution assumption: employee only about $47,610 at 4% or $31,740 at 6%; with 50% employer match about $31,740 at 4% or $21,160 at 6%; with 100% employer match about $23,805 at 4% or $15,870 at 6%.