Civic Intelligence

Hood Petroleum Inc.

Plan context: HOOD PETROLEUM, INC. CASH BALANCE PENSION PLAN

EIN 72-1215404 • Ruston, LA • 20 filings • 4 plans

P.O. Box 192Ruston, LA 71273
Current Snapshot

Latest Year

2024

2024 Participants

7

2024 Assets

$3,717,924

2024 Contributions

$91,560

Historical Graphs

Total Assets Over Time

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

$3,717,924$1,858,962$0201520202024YearValue
$3,717,924Latest year 2024

Participants Over Time

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

840201520202024YearValue
7Latest 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
202427$3,717,924$91,560$13,080iApproximate average salary by contribution assumption: employee only about $327,000 at 4% or $218,000 at 6%; with 50% employer match about $218,000 at 4% or $145,333 at 6%; with 100% employer match about $163,500 at 4% or $109,000 at 6%.
HOOD PETROLEUM, INC. CASH BALANCE PENSION PLAN-7$2,411,813$0-
Hood Petroleum Inc. 401(K) Profit Sharing Plan-7$1,306,111$91,560$13,080iApproximate average salary by contribution assumption: employee only about $327,000 at 4% or $218,000 at 6%; with 50% employer match about $218,000 at 4% or $145,333 at 6%; with 100% employer match about $163,500 at 4% or $109,000 at 6%.
202327$3,185,022$192,853$27,550iApproximate average salary by contribution assumption: employee only about $688,761 at 4% or $459,174 at 6%; with 50% employer match about $459,174 at 4% or $306,116 at 6%; with 100% employer match about $344,380 at 4% or $229,587 at 6%.
HOOD PETROLEUM, INC. CASH BALANCE PENSION PLAN-7$2,114,018$100,000$14,286iApproximate average salary by contribution assumption: employee only about $357,143 at 4% or $238,095 at 6%; with 50% employer match about $238,095 at 4% or $158,730 at 6%; with 100% employer match about $178,571 at 4% or $119,048 at 6%.
Hood Petroleum Inc. 401(K) Profit Sharing Plan-7$1,071,004$92,853$13,265iApproximate average salary by contribution assumption: employee only about $331,618 at 4% or $221,079 at 6%; with 50% employer match about $221,079 at 4% or $147,386 at 6%; with 100% employer match about $165,809 at 4% or $110,539 at 6%.
202228$2,764,712$194,424$24,303iApproximate average salary by contribution assumption: employee only about $607,575 at 4% or $405,050 at 6%; with 50% employer match about $405,050 at 4% or $270,033 at 6%; with 100% employer match about $303,788 at 4% or $202,525 at 6%.
HOOD PETROLEUM, INC. CASH BALANCE DEFINED BENEFIT PLAN-7$1,765,127$100,000$14,286iApproximate average salary by contribution assumption: employee only about $357,143 at 4% or $238,095 at 6%; with 50% employer match about $238,095 at 4% or $158,730 at 6%; with 100% employer match about $178,571 at 4% or $119,048 at 6%.
Hood Petroleum Inc. 401(K) Profit Sharing Plan-8$999,585$94,424$11,803iApproximate average salary by contribution assumption: employee only about $295,075 at 4% or $196,717 at 6%; with 50% employer match about $196,717 at 4% or $131,144 at 6%; with 100% employer match about $147,538 at 4% or $98,358 at 6%.
202127$3,009,509$168,734$24,105iApproximate average salary by contribution assumption: employee only about $602,621 at 4% or $401,748 at 6%; with 50% employer match about $401,748 at 4% or $267,832 at 6%; with 100% employer match about $301,311 at 4% or $200,874 at 6%.
HOOD PETROLEUM, INC. CASH BALANCE DEFINED BENEFIT PLAN-6$1,889,796$75,000$12,500iApproximate average salary by contribution assumption: employee only about $312,500 at 4% or $208,333 at 6%; with 50% employer match about $208,333 at 4% or $138,889 at 6%; with 100% employer match about $156,250 at 4% or $104,167 at 6%.
Hood Petroleum Inc. 401(K) Profit Sharing Plan-7$1,119,713$93,734$13,391iApproximate average salary by contribution assumption: employee only about $334,764 at 4% or $223,176 at 6%; with 50% employer match about $223,176 at 4% or $148,784 at 6%; with 100% employer match about $167,382 at 4% or $111,588 at 6%.
202027$2,476,976$193,903$27,700iApproximate average salary by contribution assumption: employee only about $692,511 at 4% or $461,674 at 6%; with 50% employer match about $461,674 at 4% or $307,783 at 6%; with 100% employer match about $346,255 at 4% or $230,837 at 6%.
HOOD PETROLEUM, INC. CASH BALANCE DEFINED BENEFIT PLAN-5$1,592,058$133,256$26,651iApproximate average salary by contribution assumption: employee only about $666,280 at 4% or $444,187 at 6%; with 50% employer match about $444,187 at 4% or $296,124 at 6%; with 100% employer match about $333,140 at 4% or $222,093 at 6%.
Hood Petroleum Inc. 401(K) Profit Sharing Plan-7$884,918$60,647$8,664iApproximate average salary by contribution assumption: employee only about $216,596 at 4% or $144,398 at 6%; with 50% employer match about $144,398 at 4% or $96,265 at 6%; with 100% employer match about $108,298 at 4% or $72,199 at 6%.
201927$1,947,439$196,397$28,057iApproximate average salary by contribution assumption: employee only about $701,418 at 4% or $467,612 at 6%; with 50% employer match about $467,612 at 4% or $311,741 at 6%; with 100% employer match about $350,709 at 4% or $233,806 at 6%.
HOOD PETROLEUM, INC. CASH BALANCE DEFINED BENEFIT PLAN-5$1,244,032$133,256$26,651iApproximate average salary by contribution assumption: employee only about $666,280 at 4% or $444,187 at 6%; with 50% employer match about $444,187 at 4% or $296,124 at 6%; with 100% employer match about $333,140 at 4% or $222,093 at 6%.
Hood Petroleum Inc. 401(K) Profit Sharing Plan-7$703,407$63,141$9,020iApproximate average salary by contribution assumption: employee only about $225,504 at 4% or $150,336 at 6%; with 50% employer match about $150,336 at 4% or $100,224 at 6%; with 100% employer match about $112,752 at 4% or $75,168 at 6%.
201828$1,476,240$335,626$41,953iApproximate average salary by contribution assumption: employee only about $1,048,831 at 4% or $699,221 at 6%; with 50% employer match about $699,221 at 4% or $466,147 at 6%; with 100% employer match about $524,416 at 4% or $349,610 at 6%.
HOOD PETROLEUM, INC. CASH BALANCE DEFINED BENEFIT PLAN-7$931,834$256,374$36,625iApproximate average salary by contribution assumption: employee only about $915,621 at 4% or $610,414 at 6%; with 50% employer match about $610,414 at 4% or $406,943 at 6%; with 100% employer match about $457,811 at 4% or $305,207 at 6%.
Hood Petroleum Inc. 401(K) Profit Sharing Plan-8$544,406$79,252$9,907iApproximate average salary by contribution assumption: employee only about $247,663 at 4% or $165,108 at 6%; with 50% employer match about $165,108 at 4% or $110,072 at 6%; with 100% employer match about $123,831 at 4% or $82,554 at 6%.
201727$1,210,301$293,283$41,898iApproximate average salary by contribution assumption: employee only about $1,047,439 at 4% or $698,293 at 6%; with 50% employer match about $698,293 at 4% or $465,529 at 6%; with 100% employer match about $523,720 at 4% or $349,146 at 6%.
HOOD PETROLEUM, INC. CASH BALANCE DEFINED BENEFIT PLAN-6$707,536$216,193$36,032iApproximate average salary by contribution assumption: employee only about $900,804 at 4% or $600,536 at 6%; with 50% employer match about $600,536 at 4% or $400,357 at 6%; with 100% employer match about $450,402 at 4% or $300,268 at 6%.
Hood Petroleum Inc. 401(K) Profit Sharing Plan-7$502,765$77,090$11,013iApproximate average salary by contribution assumption: employee only about $275,321 at 4% or $183,548 at 6%; with 50% employer match about $183,548 at 4% or $122,365 at 6%; with 100% employer match about $137,661 at 4% or $91,774 at 6%.
201627$776,147$296,169$42,310iApproximate average salary by contribution assumption: employee only about $1,057,746 at 4% or $705,164 at 6%; with 50% employer match about $705,164 at 4% or $470,110 at 6%; with 100% employer match about $528,873 at 4% or $352,582 at 6%.
HOOD PETROLEUM, INC. CASH BALANCE DEFINED BENEFIT PLAN-6$422,890$222,771$37,129iApproximate average salary by contribution assumption: employee only about $928,213 at 4% or $618,808 at 6%; with 50% employer match about $618,808 at 4% or $412,539 at 6%; with 100% employer match about $464,106 at 4% or $309,404 at 6%.
Hood Petroleum Inc. 401(K) Profit Sharing Plan-7$353,257$73,398$10,485iApproximate average salary by contribution assumption: employee only about $262,136 at 4% or $174,757 at 6%; with 50% employer match about $174,757 at 4% or $116,505 at 6%; with 100% employer match about $131,068 at 4% or $87,379 at 6%.
201527$442,437$447,639$63,948iApproximate average salary by contribution assumption: employee only about $1,598,711 at 4% or $1,065,807 at 6%; with 50% employer match about $1,065,807 at 4% or $710,538 at 6%; with 100% employer match about $799,355 at 4% or $532,904 at 6%.
Hood Petroleum Inc. 401(K) Profit Sharing Plan-7$250,604$255,806$36,544iApproximate average salary by contribution assumption: employee only about $913,593 at 4% or $609,062 at 6%; with 50% employer match about $609,062 at 4% or $406,041 at 6%; with 100% employer match about $456,796 at 4% or $304,531 at 6%.
HOOD PETROLEUM, INC. CASH BALANCE DEFINED BENEFIT PLAN-6$191,833$191,833$31,972iApproximate average salary by contribution assumption: employee only about $799,304 at 4% or $532,869 at 6%; with 50% employer match about $532,869 at 4% or $355,246 at 6%; with 100% employer match about $399,652 at 4% or $266,435 at 6%.