Civic Intelligence
Filing

Browning Oil Company Inc Profit Sharing Plan

Browning Enterprises Inc • EIN 75-1977417 • Plan year 2007

Filing Insights

Participants

Flat

4 → 4

0 • 0.00%

Assets

Up

$418,921 → $498,877

$79,956 • 19.09%

Investment Management Fee

-

Admin expenses - • Total expenses $3,656

Filing Details

Context
Net investment result
$79,956

Status Flags

Fidelity bond in place

Yes

Limited-scope audit performed

Not reported

Contributions transmitted on time

Not reported

Participant loans in default

No

Leases in default

No

Reportable party-in-interest issues

Not reported

Loss discovered during year

No

Assets with undetermined value

No

Non-cash contributions

No

Assets held for investment

Not reported

5% transactions reported

Not reported

All plan assets distributed

No

Benefits paid when due

Not reported

Plan blackout period

Not reported

Plan termination resolution adopted

No

Counterparties

Company Timeline

This filing is highlighted inside the broader sponsor history.

Year / FilingFilingsParticipantsAssetsContributionsContrib./Participant
202422$2,211,980$7,000$3,500iApproximate average salary by contribution assumption: employee only about $87,500 at 4% or $58,333 at 6%; with 50% employer match about $58,333 at 4% or $38,889 at 6%; with 100% employer match about $43,750 at 4% or $29,167 at 6%.
Browning Oil Company Inc Profit Sharing Plan-2$2,211,438$7,000$3,500iApproximate average salary by contribution assumption: employee only about $87,500 at 4% or $58,333 at 6%; with 50% employer match about $58,333 at 4% or $38,889 at 6%; with 100% employer match about $43,750 at 4% or $29,167 at 6%.
Browning Enterprises Inc. Disability Benefit Plan-2$542--
202322$1,929,610$7,000$3,500iApproximate average salary by contribution assumption: employee only about $87,500 at 4% or $58,333 at 6%; with 50% employer match about $58,333 at 4% or $38,889 at 6%; with 100% employer match about $43,750 at 4% or $29,167 at 6%.
Browning Oil Company Inc Profit Sharing Plan-2$1,929,068$7,000$3,500iApproximate average salary by contribution assumption: employee only about $87,500 at 4% or $58,333 at 6%; with 50% employer match about $58,333 at 4% or $38,889 at 6%; with 100% employer match about $43,750 at 4% or $29,167 at 6%.
Browning Enterprises Inc. Disability Benefit Plan-2$542--
202222$1,604,103$7,000$3,500iApproximate average salary by contribution assumption: employee only about $87,500 at 4% or $58,333 at 6%; with 50% employer match about $58,333 at 4% or $38,889 at 6%; with 100% employer match about $43,750 at 4% or $29,167 at 6%.
Browning Oil Company Inc Profit Sharing Plan-2$1,603,561$7,000$3,500iApproximate average salary by contribution assumption: employee only about $87,500 at 4% or $58,333 at 6%; with 50% employer match about $58,333 at 4% or $38,889 at 6%; with 100% employer match about $43,750 at 4% or $29,167 at 6%.
Browning Enterprises Inc. Disability Benefit Plan-2$542--
202122$1,919,995$7,000$3,500iApproximate average salary by contribution assumption: employee only about $87,500 at 4% or $58,333 at 6%; with 50% employer match about $58,333 at 4% or $38,889 at 6%; with 100% employer match about $43,750 at 4% or $29,167 at 6%.
Browning Oil Company Inc Profit Sharing Plan-2$1,919,453$7,000$3,500iApproximate average salary by contribution assumption: employee only about $87,500 at 4% or $58,333 at 6%; with 50% employer match about $58,333 at 4% or $38,889 at 6%; with 100% employer match about $43,750 at 4% or $29,167 at 6%.
Browning Enterprises Inc. Disability Benefit Plan-2$542--
202022$1,728,414$7,000$3,500iApproximate average salary by contribution assumption: employee only about $87,500 at 4% or $58,333 at 6%; with 50% employer match about $58,333 at 4% or $38,889 at 6%; with 100% employer match about $43,750 at 4% or $29,167 at 6%.
Browning Oil Company Inc Profit Sharing Plan-2$1,727,872$7,000$3,500iApproximate average salary by contribution assumption: employee only about $87,500 at 4% or $58,333 at 6%; with 50% employer match about $58,333 at 4% or $38,889 at 6%; with 100% employer match about $43,750 at 4% or $29,167 at 6%.
Browning Enterprises Inc. Disability Benefit Plan-2$542--
201922$1,453,958$59,144$29,572iApproximate average salary by contribution assumption: employee only about $739,300 at 4% or $492,867 at 6%; with 50% employer match about $492,867 at 4% or $328,578 at 6%; with 100% employer match about $369,650 at 4% or $246,433 at 6%.
Browning Oil Company Inc Profit Sharing Plan-2$1,453,417$59,144$29,572iApproximate average salary by contribution assumption: employee only about $739,300 at 4% or $492,867 at 6%; with 50% employer match about $492,867 at 4% or $328,578 at 6%; with 100% employer match about $369,650 at 4% or $246,433 at 6%.
Browning Enterprises Inc. Disability Benefit Plan-2$541$0-
201822$1,215,240$59,135$29,568iApproximate average salary by contribution assumption: employee only about $739,188 at 4% or $492,792 at 6%; with 50% employer match about $492,792 at 4% or $328,528 at 6%; with 100% employer match about $369,594 at 4% or $246,396 at 6%.
Browning Oil Company Inc Profit Sharing Plan-2$1,214,700$59,135$29,568iApproximate average salary by contribution assumption: employee only about $739,188 at 4% or $492,792 at 6%; with 50% employer match about $492,792 at 4% or $328,528 at 6%; with 100% employer match about $369,594 at 4% or $246,396 at 6%.
Browning Enterprises Inc. Disability Benefit Plan-2$540--
201722$1,180,784$59,078$29,539iApproximate average salary by contribution assumption: employee only about $738,475 at 4% or $492,317 at 6%; with 50% employer match about $492,317 at 4% or $328,211 at 6%; with 100% employer match about $369,238 at 4% or $246,158 at 6%.
Browning Oil Company Inc Profit Sharing Plan-2$1,180,244$59,078$29,539iApproximate average salary by contribution assumption: employee only about $738,475 at 4% or $492,317 at 6%; with 50% employer match about $492,317 at 4% or $328,211 at 6%; with 100% employer match about $369,238 at 4% or $246,158 at 6%.
Browning Enterprises Inc. Disability Benefit Plan-2$540--
201612$540$0-
Browning Enterprises Inc. Disability Benefit Plan-2$540--
201522$917,318$64,161$32,081iApproximate average salary by contribution assumption: employee only about $802,013 at 4% or $534,675 at 6%; with 50% employer match about $534,675 at 4% or $356,450 at 6%; with 100% employer match about $401,006 at 4% or $267,338 at 6%.
Browning Oil Company Inc Profit Sharing Plan-2$916,779$64,161$32,081iApproximate average salary by contribution assumption: employee only about $802,013 at 4% or $534,675 at 6%; with 50% employer match about $534,675 at 4% or $356,450 at 6%; with 100% employer match about $401,006 at 4% or $267,338 at 6%.
Browning Enterprises Inc. Disability Benefit Plan-2$539--
201422$871,485$54,886$27,443iApproximate average salary by contribution assumption: employee only about $686,075 at 4% or $457,383 at 6%; with 50% employer match about $457,383 at 4% or $304,922 at 6%; with 100% employer match about $343,038 at 4% or $228,692 at 6%.
Browning Oil Company Inc Profit Sharing Plan-2$870,946$54,886$27,443iApproximate average salary by contribution assumption: employee only about $686,075 at 4% or $457,383 at 6%; with 50% employer match about $457,383 at 4% or $304,922 at 6%; with 100% employer match about $343,038 at 4% or $228,692 at 6%.
Browning Enterprises Inc. Disability Benefit Plan-2$539--
201322$769,857$46,973$23,487iApproximate average salary by contribution assumption: employee only about $587,163 at 4% or $391,442 at 6%; with 50% employer match about $391,442 at 4% or $260,961 at 6%; with 100% employer match about $293,581 at 4% or $195,721 at 6%.
Browning Oil Company Inc Profit Sharing Plan-2$769,318$46,973$23,487iApproximate average salary by contribution assumption: employee only about $587,163 at 4% or $391,442 at 6%; with 50% employer match about $391,442 at 4% or $260,961 at 6%; with 100% employer match about $293,581 at 4% or $195,721 at 6%.
Browning Enterprises Inc. Disability Benefit Plan-2$539--
201222$637,628$51,087$25,544iApproximate average salary by contribution assumption: employee only about $638,588 at 4% or $425,725 at 6%; with 50% employer match about $425,725 at 4% or $283,817 at 6%; with 100% employer match about $319,294 at 4% or $212,863 at 6%.
Browning Oil Company Inc Profit Sharing Plan-2$637,089$51,087$25,544iApproximate average salary by contribution assumption: employee only about $638,588 at 4% or $425,725 at 6%; with 50% employer match about $425,725 at 4% or $283,817 at 6%; with 100% employer match about $319,294 at 4% or $212,863 at 6%.
Browning Enterprises Inc. Disability Benefit Plan-2$539--
201123$571,137$51,903$17,301iApproximate average salary by contribution assumption: employee only about $432,525 at 4% or $288,350 at 6%; with 50% employer match about $288,350 at 4% or $192,233 at 6%; with 100% employer match about $216,263 at 4% or $144,175 at 6%.
Browning Oil Company Inc Profit Sharing Plan-3$570,598$51,903$17,301iApproximate average salary by contribution assumption: employee only about $432,525 at 4% or $288,350 at 6%; with 50% employer match about $288,350 at 4% or $192,233 at 6%; with 100% employer match about $216,263 at 4% or $144,175 at 6%.
Browning Enterprises Inc. Disability Benefit Plan-3$539--
201023$529,501$55,550$18,517iApproximate average salary by contribution assumption: employee only about $462,917 at 4% or $308,611 at 6%; with 50% employer match about $308,611 at 4% or $205,741 at 6%; with 100% employer match about $231,458 at 4% or $154,306 at 6%.
Browning Oil Company Inc Profit Sharing Plan-3$528,962$55,550$18,517iApproximate average salary by contribution assumption: employee only about $462,917 at 4% or $308,611 at 6%; with 50% employer match about $308,611 at 4% or $205,741 at 6%; with 100% employer match about $231,458 at 4% or $154,306 at 6%.
Browning Enterprises Inc. Disability Benefit Plan-3$539--
200923$461,105$55,480$18,493iApproximate average salary by contribution assumption: employee only about $462,333 at 4% or $308,222 at 6%; with 50% employer match about $308,222 at 4% or $205,481 at 6%; with 100% employer match about $231,167 at 4% or $154,111 at 6%.
Browning Oil Company Inc Profit Sharing Plan-0$460,566$55,480-
Browning Enterprises Inc. Disability Benefit Plan-3$539--
200824$377,137$55,558$13,890iApproximate average salary by contribution assumption: employee only about $347,238 at 4% or $231,492 at 6%; with 50% employer match about $231,492 at 4% or $154,328 at 6%; with 100% employer match about $173,619 at 4% or $115,746 at 6%.
Browning Oil Company Inc Profit Sharing Plan-4$376,599$55,558$13,890iApproximate average salary by contribution assumption: employee only about $347,238 at 4% or $231,492 at 6%; with 50% employer match about $231,492 at 4% or $154,328 at 6%; with 100% employer match about $173,619 at 4% or $115,746 at 6%.
Browning Enterprises Inc. Disability Benefit Plan-3$538--
200724$499,409$54,048$13,512iApproximate average salary by contribution assumption: employee only about $337,800 at 4% or $225,200 at 6%; with 50% employer match about $225,200 at 4% or $150,133 at 6%; with 100% employer match about $168,900 at 4% or $112,600 at 6%.
Browning Oil Company Inc Profit Sharing PlanCurrent4$498,877$54,048$13,512iApproximate average salary by contribution assumption: employee only about $337,800 at 4% or $225,200 at 6%; with 50% employer match about $225,200 at 4% or $150,133 at 6%; with 100% employer match about $168,900 at 4% or $112,600 at 6%.
Browning Enterprises Inc. Disability Benefit Plan-3$532--
200624$419,436$43,055$10,764iApproximate average salary by contribution assumption: employee only about $269,094 at 4% or $179,396 at 6%; with 50% employer match about $179,396 at 4% or $119,597 at 6%; with 100% employer match about $134,547 at 4% or $89,698 at 6%.
Browning Oil Company Inc Profit Sharing Plan-4$418,921$43,055$10,764iApproximate average salary by contribution assumption: employee only about $269,094 at 4% or $179,396 at 6%; with 50% employer match about $179,396 at 4% or $119,597 at 6%; with 100% employer match about $134,547 at 4% or $89,698 at 6%.
Browning Enterprises Inc. Disability Benefit Plan-3$515--
200524$327,747$48,644$12,161iApproximate average salary by contribution assumption: employee only about $304,025 at 4% or $202,683 at 6%; with 50% employer match about $202,683 at 4% or $135,122 at 6%; with 100% employer match about $152,013 at 4% or $101,342 at 6%.
Browning Oil Company Inc Profit Sharing Plan-4$327,249$48,644$12,161iApproximate average salary by contribution assumption: employee only about $304,025 at 4% or $202,683 at 6%; with 50% employer match about $202,683 at 4% or $135,122 at 6%; with 100% employer match about $152,013 at 4% or $101,342 at 6%.
Browning Enterprises Inc. Disability Benefit Plan-3$498--
200424$266,275$32,468$8,117iApproximate average salary by contribution assumption: employee only about $202,925 at 4% or $135,283 at 6%; with 50% employer match about $135,283 at 4% or $90,189 at 6%; with 100% employer match about $101,463 at 4% or $67,642 at 6%.
Browning Oil Company Inc Profit Sharing Plan-4$265,787$32,468$8,117iApproximate average salary by contribution assumption: employee only about $202,925 at 4% or $135,283 at 6%; with 50% employer match about $135,283 at 4% or $90,189 at 6%; with 100% employer match about $101,463 at 4% or $67,642 at 6%.
Browning Enterprises Inc. Disability Benefit Plan-3$488--
200324$211,769$31,498$7,875iApproximate average salary by contribution assumption: employee only about $196,863 at 4% or $131,242 at 6%; with 50% employer match about $131,242 at 4% or $87,494 at 6%; with 100% employer match about $98,431 at 4% or $65,621 at 6%.
Browning Oil Company Inc Profit Sharing Plan-4$211,286$31,498$7,875iApproximate average salary by contribution assumption: employee only about $196,863 at 4% or $131,242 at 6%; with 50% employer match about $131,242 at 4% or $87,494 at 6%; with 100% employer match about $98,431 at 4% or $65,621 at 6%.
Browning Enterprises Inc. Disability Benefit Plan-4$483--
200224$149,613$26,100$6,525iApproximate average salary by contribution assumption: employee only about $163,125 at 4% or $108,750 at 6%; with 50% employer match about $108,750 at 4% or $72,500 at 6%; with 100% employer match about $81,563 at 4% or $54,375 at 6%.
Browning Oil Company Inc Profit Sharing Plan-3$149,135$26,100$8,700iApproximate average salary by contribution assumption: employee only about $217,500 at 4% or $145,000 at 6%; with 50% employer match about $145,000 at 4% or $96,667 at 6%; with 100% employer match about $108,750 at 4% or $72,500 at 6%.
Browning Enterprises Inc. Disability Benefit Plan-4$478--
200123$0$0-
Browning Oil Company Inc Profit Sharing Plan-3---
Browning Enterprises Inc. Disability Benefit Plan-3---
200024$139,731$27,766$6,942iApproximate average salary by contribution assumption: employee only about $173,538 at 4% or $115,692 at 6%; with 50% employer match about $115,692 at 4% or $77,128 at 6%; with 100% employer match about $86,769 at 4% or $57,846 at 6%.
Browning Oil Company Inc Profit Sharing Plan-4$139,270$27,316$6,829iApproximate average salary by contribution assumption: employee only about $170,725 at 4% or $113,817 at 6%; with 50% employer match about $113,817 at 4% or $75,878 at 6%; with 100% employer match about $85,363 at 4% or $56,908 at 6%.
Browning Enterprises Inc. Disability Benefit Plan-4$461$450$113iApproximate average salary by contribution assumption: employee only about $2,813 at 4% or $1,875 at 6%; with 50% employer match about $1,875 at 4% or $1,250 at 6%; with 100% employer match about $1,406 at 4% or $938 at 6%.
199913$169,011$23,075$7,692iApproximate average salary by contribution assumption: employee only about $192,292 at 4% or $128,194 at 6%; with 50% employer match about $128,194 at 4% or $85,463 at 6%; with 100% employer match about $96,146 at 4% or $64,097 at 6%.
Browning Oil Company Inc Profit Sharing Plan-3$169,011$23,075$7,692iApproximate average salary by contribution assumption: employee only about $192,292 at 4% or $128,194 at 6%; with 50% employer match about $128,194 at 4% or $85,463 at 6%; with 100% employer match about $96,146 at 4% or $64,097 at 6%.
Schedule Details

Schedule I

Schedule I Financial Statement

Small plan result

Balance sheet and activity values reported by the filer for this small-plan annual return.

End-of-year assets$498,877$79,956 change

Balance Sheet

Beginning and end of plan year.

Total assets$418,921$498,877Increase +$79,956 (19.09%)
Total liabilities$0$0No change $0
Net assets$418,921$498,877Increase +$79,956 (19.09%)

Contributions

Employer contributions$24,521
Participant contributions$29,527
Other contributions$0

Income & Expenses

Total income$83,612
Total expenses$3,656
Net income$79,956
Source fields
Schedule I source fields
Filing Id
86037192000708
Schedule I EIN
75-1977417
Schedule I Plan Num
001
Schedule I Plan Year Begin Date
2007-01-01
Schedule I Tax Period
20071231
Small plan total assets at beginning of year
$418,921
Small plan total liabilities at beginning of year
$0
Small plan net assets at beginning of year
$418,921
Small plan total assets at end of year
$498,877
Small plan total liabilities at end of year
$0
Small plan net assets at end of year
$498,877
Small plan employer contributions
$24,521
Small plan participant contributions
$29,527
Small Oth Contribution Rcvd Amount
$0
Small Non Cash Contribution Bs Amount
$0
Small Other Income Amount
$29,564
Small plan total income
$83,612
Small plan total benefit distributions
$3,656
Small Corrective Distribution Amount
$0
Small Dm Dstrb Ptcp Ln A
0
Small Oth Expenses Amount
$0
Small plan total expenses
$3,656
Small plan net income or loss
$79,956
Small Total Plan Transfers Amount
$0
Small Joint Venture End of year Indicator
No
Small Joint Venture End of year Amount
$0
Small Employer Prop End of year Indicator
No
Small Employer Prop End of year Amount
$0
Small Investment Real Est End of year I
2
Small Investment Real Est End of year A
0
Small Employer Sec End of year Indicator
No
Small Employer Sec End of year Amount
$0
Small Mortg Participants End of year Indicator
No
Small Mortg Participants End of year Amount
$0
Small Oth Lns Participants End of year Indicator
No
Small Oth Lns Participants End of year Amount
$0
Small Personal Prop End of year Indicator
No
Small Personal Prop End of year Amount
$0
Small Fail Xmt Ctb I
2
Small Fail Xmt Ctb A
0
Small plan participant loans in default
No
Small Loans In Default Amount
$0
Small plan leases in default
No
Small Leases In Default Amount
$0
Small Pt In Interest Not Reported I
2
Small Pt In Interest Not Reported A
0
Small plan fidelity bond in place
Yes
Small plan fidelity bond amount
$750,000
Small plan loss discovered during year
No
Small Loss Discovered Dur Year Amount
$0
Small plan assets with undetermined value
No
Small Asset Undeterm Valuation Amount
$0
Small plan non-cash contributions reported
No
Small Non Cash Contribution Amount
$0
Small 20 Percent Sngl Investment Indicator
No
Small 20 Percent Sngl Investment Amount
$0
Small plan all plan assets distributed
No
Waiver Annual Iqpa Report
1
Small plan resolution to terminate plan adopted
No
Small Res Terminate Plan Adpt Amount
$0