Civic Intelligence
Filing

Basic Resources Inc. & Subisidaries Money Purchase Pension Plan

BASIC RESOURCES, INC. & SUBSIDIARIES • EIN 94-2208599 • Plan year 2002

Company ProfileSource Archive
Filing Insights

Participants

Down

519 → 329

-190 • -36.61%

Assets

Down

$13,949,841 → $12,196,696

-$1,753,145 • -12.57%

Investment Management Fee

0.00%

$0

Admin expenses $3,005 • Total expenses $358,271

Filing Details

Context
Net investment result
$-1,755,335

Status Flags

Fidelity bond in place

Yes

Limited-scope audit performed

Not reported

Contributions transmitted on time

No

Participant loans in default

No

Leases in default

No

Reportable party-in-interest issues

No

Loss discovered during year

No

Assets with undetermined value

No

Non-cash contributions

No

Assets held for investment

Yes

5% transactions reported

No

All plan assets distributed

No

Benefits paid when due

Not reported

Plan blackout period

Not reported

Plan termination resolution adopted

No

Counterparties
ProviderServicesLocationDirect CompensationRelated
DOUGLAS LAUGERO & COMPANY CPA'SEIN 77-0004033Accountant--Douglas a Laugero

Company Timeline

This filing is highlighted inside the broader sponsor history.

Year / FilingFilingsParticipantsAssetsContributionsContrib./Participant
20242534$61,721,658$14,175,233$26,545iApproximate average salary by contribution assumption: employee only about $663,635 at 4% or $442,423 at 6%; with 50% employer match about $442,423 at 4% or $294,949 at 6%; with 100% employer match about $331,817 at 4% or $221,212 at 6%.
Western Region Retirement Trust 401(K) and Regular Profit Sharing Plan-533$60,053,093$5,883,748$11,039iApproximate average salary by contribution assumption: employee only about $275,973 at 4% or $183,982 at 6%; with 50% employer match about $183,982 at 4% or $122,655 at 6%; with 100% employer match about $137,987 at 4% or $91,991 at 6%.
Western Regional Employee Benefit Trust-534$1,668,565$8,291,485$15,527iApproximate average salary by contribution assumption: employee only about $388,178 at 4% or $258,785 at 6%; with 50% employer match about $258,785 at 4% or $172,524 at 6%; with 100% employer match about $194,089 at 4% or $129,393 at 6%.
20232524$55,715,672$12,767,744$24,366iApproximate average salary by contribution assumption: employee only about $609,148 at 4% or $406,099 at 6%; with 50% employer match about $406,099 at 4% or $270,732 at 6%; with 100% employer match about $304,574 at 4% or $203,049 at 6%.
Western Region Retirement Trust 401(K) and Regular Profit Sharing Plan-524$53,699,752$5,391,139$10,288iApproximate average salary by contribution assumption: employee only about $257,211 at 4% or $171,474 at 6%; with 50% employer match about $171,474 at 4% or $114,316 at 6%; with 100% employer match about $128,605 at 4% or $85,737 at 6%.
Western Regional Employee Benefit Trust-516$2,015,920$7,376,605$14,296iApproximate average salary by contribution assumption: employee only about $357,394 at 4% or $238,262 at 6%; with 50% employer match about $238,262 at 4% or $158,842 at 6%; with 100% employer match about $178,697 at 4% or $119,131 at 6%.
20222548$46,811,717$11,771,984$21,482iApproximate average salary by contribution assumption: employee only about $537,043 at 4% or $358,029 at 6%; with 50% employer match about $358,029 at 4% or $238,686 at 6%; with 100% employer match about $268,522 at 4% or $179,014 at 6%.
Western Region Retirement Trust 401(K) and Regular Profit Sharing Plan-548$45,030,238$4,368,167$7,971iApproximate average salary by contribution assumption: employee only about $199,278 at 4% or $132,852 at 6%; with 50% employer match about $132,852 at 4% or $88,568 at 6%; with 100% employer match about $99,639 at 4% or $66,426 at 6%.
Western Regional Employee Benefit Trust-457$1,781,479$7,403,817$16,201iApproximate average salary by contribution assumption: employee only about $405,023 at 4% or $270,015 at 6%; with 50% employer match about $270,015 at 4% or $180,010 at 6%; with 100% employer match about $202,511 at 4% or $135,008 at 6%.
20212535$52,366,184$11,158,086$20,856iApproximate average salary by contribution assumption: employee only about $521,406 at 4% or $347,604 at 6%; with 50% employer match about $347,604 at 4% or $231,736 at 6%; with 100% employer match about $260,703 at 4% or $173,802 at 6%.
Western Region Retirement Trust 401(K) and Regular Profit Sharing Plan-535$50,879,859$4,642,026$8,677iApproximate average salary by contribution assumption: employee only about $216,917 at 4% or $144,611 at 6%; with 50% employer match about $144,611 at 4% or $96,408 at 6%; with 100% employer match about $108,459 at 4% or $72,306 at 6%.
Western Regional Employee Benefit Trust-462$1,486,325$6,516,060$14,104iApproximate average salary by contribution assumption: employee only about $352,601 at 4% or $235,067 at 6%; with 50% employer match about $235,067 at 4% or $156,711 at 6%; with 100% employer match about $176,300 at 4% or $117,534 at 6%.
20202524$45,766,848$10,200,944$19,467iApproximate average salary by contribution assumption: employee only about $486,686 at 4% or $324,458 at 6%; with 50% employer match about $324,458 at 4% or $216,305 at 6%; with 100% employer match about $243,343 at 4% or $162,229 at 6%.
Western Region Retirement Trust 401(K) and Regular Profit Sharing Plan-524$44,241,497$4,350,028$8,302iApproximate average salary by contribution assumption: employee only about $207,540 at 4% or $138,360 at 6%; with 50% employer match about $138,360 at 4% or $92,240 at 6%; with 100% employer match about $103,770 at 4% or $69,180 at 6%.
Western Regional Employee Benefit Trust-453$1,525,351$5,850,916$12,916iApproximate average salary by contribution assumption: employee only about $322,898 at 4% or $215,265 at 6%; with 50% employer match about $215,265 at 4% or $143,510 at 6%; with 100% employer match about $161,449 at 4% or $107,633 at 6%.
20192532$40,756,913$9,031,313$16,976iApproximate average salary by contribution assumption: employee only about $424,404 at 4% or $282,936 at 6%; with 50% employer match about $282,936 at 4% or $188,624 at 6%; with 100% employer match about $212,202 at 4% or $141,468 at 6%.
Western Region Retirement Trust 401(K) and Regular Profit Sharing Plan-532$39,202,408$3,858,333$7,253iApproximate average salary by contribution assumption: employee only about $181,313 at 4% or $120,875 at 6%; with 50% employer match about $120,875 at 4% or $80,583 at 6%; with 100% employer match about $90,656 at 4% or $60,438 at 6%.
Western Regional Employee Benefit Trust-425$1,554,505$5,172,980$12,172iApproximate average salary by contribution assumption: employee only about $304,293 at 4% or $202,862 at 6%; with 50% employer match about $202,862 at 4% or $135,241 at 6%; with 100% employer match about $152,146 at 4% or $101,431 at 6%.
20182454$32,946,762$3,067,475$6,757iApproximate average salary by contribution assumption: employee only about $168,914 at 4% or $112,609 at 6%; with 50% employer match about $112,609 at 4% or $75,073 at 6%; with 100% employer match about $84,457 at 4% or $56,305 at 6%.
Western Region Retirement Trust 401(K) and Regular Profit Sharing Plan-454$32,946,762$3,067,475$6,757iApproximate average salary by contribution assumption: employee only about $168,914 at 4% or $112,609 at 6%; with 50% employer match about $112,609 at 4% or $75,073 at 6%; with 100% employer match about $84,457 at 4% or $56,305 at 6%.
Western Regional Employee Benefit Trust-388---
20173769$36,799,893$6,767,754$8,801iApproximate average salary by contribution assumption: employee only about $220,018 at 4% or $146,679 at 6%; with 50% employer match about $146,679 at 4% or $97,786 at 6%; with 100% employer match about $110,009 at 4% or $73,339 at 6%.
Western Region Retirement Trust 401(K) and Regular Profit Sharing Plan-769$35,756,672$2,549,796$3,316iApproximate average salary by contribution assumption: employee only about $82,893 at 4% or $55,262 at 6%; with 50% employer match about $55,262 at 4% or $36,841 at 6%; with 100% employer match about $41,447 at 4% or $27,631 at 6%.
Western Regional Employee Benefit Trust-355$1,043,221$4,217,958$11,882iApproximate average salary by contribution assumption: employee only about $297,039 at 4% or $198,026 at 6%; with 50% employer match about $198,026 at 4% or $132,017 at 6%; with 100% employer match about $148,520 at 4% or $99,013 at 6%.
Western Regional Employee Benefit Trust-355---
20163527$32,548,344$6,553,201$12,435iApproximate average salary by contribution assumption: employee only about $310,873 at 4% or $207,249 at 6%; with 50% employer match about $207,249 at 4% or $138,166 at 6%; with 100% employer match about $155,436 at 4% or $103,624 at 6%.
Western Region Retirement Trust 401(K) and Regular Profit Sharing Plan-527$31,459,198$2,409,077$4,571iApproximate average salary by contribution assumption: employee only about $114,283 at 4% or $76,188 at 6%; with 50% employer match about $76,188 at 4% or $50,792 at 6%; with 100% employer match about $57,141 at 4% or $38,094 at 6%.
Western Regional Employee Benefit Trust-326$1,089,146$4,144,124$12,712iApproximate average salary by contribution assumption: employee only about $317,801 at 4% or $211,867 at 6%; with 50% employer match about $211,867 at 4% or $141,245 at 6%; with 100% employer match about $158,900 at 4% or $105,934 at 6%.
Western Regional Employee Benefit Trust-326---
20152498$31,410,051$2,098,174$4,213iApproximate average salary by contribution assumption: employee only about $105,330 at 4% or $70,220 at 6%; with 50% employer match about $70,220 at 4% or $46,813 at 6%; with 100% employer match about $52,665 at 4% or $35,110 at 6%.
Western Region Retirement Trust 401(K) and Regular Profit Sharing Plan-498$31,410,051$2,098,174$4,213iApproximate average salary by contribution assumption: employee only about $105,330 at 4% or $70,220 at 6%; with 50% employer match about $70,220 at 4% or $46,813 at 6%; with 100% employer match about $52,665 at 4% or $35,110 at 6%.
Western Regional Employee Benefit Trust-314---
20143490$34,154,593$5,186,584$10,585iApproximate average salary by contribution assumption: employee only about $264,622 at 4% or $176,414 at 6%; with 50% employer match about $176,414 at 4% or $117,610 at 6%; with 100% employer match about $132,311 at 4% or $88,207 at 6%.
Western Region Retirement Trust 401(K) and Regular Profit Sharing Plan-490$33,700,246$2,124,618$4,336iApproximate average salary by contribution assumption: employee only about $108,399 at 4% or $72,266 at 6%; with 50% employer match about $72,266 at 4% or $48,177 at 6%; with 100% employer match about $54,199 at 4% or $36,133 at 6%.
Western Regional Employee Benefit Trust-280$454,347$3,061,966$10,936iApproximate average salary by contribution assumption: employee only about $273,390 at 4% or $182,260 at 6%; with 50% employer match about $182,260 at 4% or $121,507 at 6%; with 100% employer match about $136,695 at 4% or $91,130 at 6%.
Western Regional Employee Benefit Trust-280---
20132505$34,824,601$5,664,234$11,216iApproximate average salary by contribution assumption: employee only about $280,408 at 4% or $186,938 at 6%; with 50% employer match about $186,938 at 4% or $124,626 at 6%; with 100% employer match about $140,204 at 4% or $93,469 at 6%.
Western Region Retirement Trust 401(K) and Regular Profit Sharing Plan-505$34,070,186$2,214,748$4,386iApproximate average salary by contribution assumption: employee only about $109,641 at 4% or $73,094 at 6%; with 50% employer match about $73,094 at 4% or $48,729 at 6%; with 100% employer match about $54,820 at 4% or $36,547 at 6%.
Western Regional Employee Benefit Trust-384$754,415$3,449,486$8,983iApproximate average salary by contribution assumption: employee only about $224,576 at 4% or $149,717 at 6%; with 50% employer match about $149,717 at 4% or $99,812 at 6%; with 100% employer match about $112,288 at 4% or $74,859 at 6%.
20122492$31,364,699$5,180,144$10,529iApproximate average salary by contribution assumption: employee only about $263,219 at 4% or $175,479 at 6%; with 50% employer match about $175,479 at 4% or $116,986 at 6%; with 100% employer match about $131,609 at 4% or $87,740 at 6%.
Western Region Retirement Trust 401(K) and Regular Profit Sharing Plan-492$30,460,585$2,050,796$4,168iApproximate average salary by contribution assumption: employee only about $104,207 at 4% or $69,471 at 6%; with 50% employer match about $69,471 at 4% or $46,314 at 6%; with 100% employer match about $52,104 at 4% or $34,736 at 6%.
Western Regional Employee Benefit Trust-430$904,114$3,129,348$7,278iApproximate average salary by contribution assumption: employee only about $181,939 at 4% or $121,293 at 6%; with 50% employer match about $121,293 at 4% or $80,862 at 6%; with 100% employer match about $90,969 at 4% or $60,646 at 6%.
20113503$57,714,193$8,385,300$16,671iApproximate average salary by contribution assumption: employee only about $416,764 at 4% or $277,843 at 6%; with 50% employer match about $277,843 at 4% or $185,229 at 6%; with 100% employer match about $208,382 at 4% or $138,921 at 6%.
Western Region Retirement Trust 401(K) and Regular Profit Sharing Plan-503$28,222,189$2,528,962$5,028iApproximate average salary by contribution assumption: employee only about $125,694 at 4% or $83,796 at 6%; with 50% employer match about $83,796 at 4% or $55,864 at 6%; with 100% employer match about $62,847 at 4% or $41,898 at 6%.
Western Region Retirement Trust 401(K) and Regular Profit Sharing Plan-503$28,222,189$2,528,962$5,028iApproximate average salary by contribution assumption: employee only about $125,694 at 4% or $83,796 at 6%; with 50% employer match about $83,796 at 4% or $55,864 at 6%; with 100% employer match about $62,847 at 4% or $41,898 at 6%.
Western Regional Employee Benefit Trust-405$1,269,815$3,327,376$8,216iApproximate average salary by contribution assumption: employee only about $205,394 at 4% or $136,929 at 6%; with 50% employer match about $136,929 at 4% or $91,286 at 6%; with 100% employer match about $102,697 at 4% or $68,465 at 6%.
20103589$30,276,294$4,819,002$8,182iApproximate average salary by contribution assumption: employee only about $204,542 at 4% or $136,361 at 6%; with 50% employer match about $136,361 at 4% or $90,907 at 6%; with 100% employer match about $102,271 at 4% or $68,181 at 6%.
Western Region Retirement Trust 401(K) and Regular Profit Sharing Plan-589$28,290,569$1,148,329$1,950iApproximate average salary by contribution assumption: employee only about $48,741 at 4% or $32,494 at 6%; with 50% employer match about $32,494 at 4% or $21,662 at 6%; with 100% employer match about $24,370 at 4% or $16,247 at 6%.
Western Regional Employee Benefit Trust-428$1,985,725$3,034,626$7,090iApproximate average salary by contribution assumption: employee only about $177,256 at 4% or $118,171 at 6%; with 50% employer match about $118,171 at 4% or $78,781 at 6%; with 100% employer match about $88,628 at 4% or $59,085 at 6%.
Basic Resources Inc. & Subisidaries Money Purchase Pension Plan-0-$636,047-
20094621$28,229,667$7,870,057$12,673iApproximate average salary by contribution assumption: employee only about $316,830 at 4% or $211,220 at 6%; with 50% employer match about $211,220 at 4% or $140,813 at 6%; with 100% employer match about $158,415 at 4% or $105,610 at 6%.
Basic Resources Inc. & Subisidaries Money Purchase Pension Plan-508$19,317,668$1,278,873$2,517iApproximate average salary by contribution assumption: employee only about $62,937 at 4% or $41,958 at 6%; with 50% employer match about $41,958 at 4% or $27,972 at 6%; with 100% employer match about $31,468 at 4% or $20,979 at 6%.
Western Region Retirement Trust 401(K) and Regular Profit Sharing Plan-621$5,907,550$1,226,143$1,974iApproximate average salary by contribution assumption: employee only about $49,362 at 4% or $32,908 at 6%; with 50% employer match about $32,908 at 4% or $21,939 at 6%; with 100% employer match about $24,681 at 4% or $16,454 at 6%.
Western Regional Employee Benefit Trust-428$2,353,529$4,693,181$10,965iApproximate average salary by contribution assumption: employee only about $274,134 at 4% or $182,756 at 6%; with 50% employer match about $182,756 at 4% or $121,838 at 6%; with 100% employer match about $137,067 at 4% or $91,378 at 6%.
Western Regional Employee Benefit Trust--$650,920$671,860-
20082581$20,605,047$3,105,059$5,344iApproximate average salary by contribution assumption: employee only about $133,608 at 4% or $89,072 at 6%; with 50% employer match about $89,072 at 4% or $59,382 at 6%; with 100% employer match about $66,804 at 4% or $44,536 at 6%.
Basic Resources Inc. & Subisidaries Money Purchase Pension Plan-473$16,700,867$1,652,292$3,493iApproximate average salary by contribution assumption: employee only about $87,330 at 4% or $58,220 at 6%; with 50% employer match about $58,220 at 4% or $38,814 at 6%; with 100% employer match about $43,665 at 4% or $29,110 at 6%.
Western Region Retirement Trust 401(K) and Regular Profit Sharing Plan-581$3,904,180$1,452,767$2,500iApproximate average salary by contribution assumption: employee only about $62,511 at 4% or $41,674 at 6%; with 50% employer match about $41,674 at 4% or $27,783 at 6%; with 100% employer match about $31,256 at 4% or $20,837 at 6%.
20072485$28,219,710$2,975,960$6,136iApproximate average salary by contribution assumption: employee only about $153,400 at 4% or $102,267 at 6%; with 50% employer match about $102,267 at 4% or $68,178 at 6%; with 100% employer match about $76,700 at 4% or $51,133 at 6%.
Basic Resources Inc. & Subisidaries Money Purchase Pension Plan-390$23,471,156$1,558,205$3,995iApproximate average salary by contribution assumption: employee only about $99,885 at 4% or $66,590 at 6%; with 50% employer match about $66,590 at 4% or $44,393 at 6%; with 100% employer match about $49,942 at 4% or $33,295 at 6%.
Western Region Retirement Trust 401(K) and Regular Profit Sharing Plan-485$4,748,554$1,417,755$2,923iApproximate average salary by contribution assumption: employee only about $73,080 at 4% or $48,720 at 6%; with 50% employer match about $48,720 at 4% or $32,480 at 6%; with 100% employer match about $36,540 at 4% or $24,360 at 6%.
20062622$26,404,472$2,361,695$3,797iApproximate average salary by contribution assumption: employee only about $94,923 at 4% or $63,282 at 6%; with 50% employer match about $63,282 at 4% or $42,188 at 6%; with 100% employer match about $47,462 at 4% or $31,641 at 6%.
Basic Resources Inc. & Subisidaries Money Purchase Pension Plan-292$23,005,342$1,846,726$6,324iApproximate average salary by contribution assumption: employee only about $158,110 at 4% or $105,407 at 6%; with 50% employer match about $105,407 at 4% or $70,271 at 6%; with 100% employer match about $79,055 at 4% or $52,703 at 6%.
Western Region Retirement Trust 401(K) and Regular Profit Sharing Plan-622$3,399,130$514,969$828iApproximate average salary by contribution assumption: employee only about $20,698 at 4% or $13,799 at 6%; with 50% employer match about $13,799 at 4% or $9,199 at 6%; with 100% employer match about $10,349 at 4% or $6,899 at 6%.
20052579$22,057,058$2,113,456$3,650iApproximate average salary by contribution assumption: employee only about $91,255 at 4% or $60,836 at 6%; with 50% employer match about $60,836 at 4% or $40,558 at 6%; with 100% employer match about $45,627 at 4% or $30,418 at 6%.
Basic Resources Inc. & Subisidaries Money Purchase Pension Plan-254$19,274,718$1,598,637$6,294iApproximate average salary by contribution assumption: employee only about $157,346 at 4% or $104,897 at 6%; with 50% employer match about $104,897 at 4% or $69,932 at 6%; with 100% employer match about $78,673 at 4% or $52,449 at 6%.
Western Region Retirement Trust 401(K) and Regular Profit Sharing Plan-579$2,782,340$514,819$889iApproximate average salary by contribution assumption: employee only about $22,229 at 4% or $14,819 at 6%; with 50% employer match about $14,819 at 4% or $9,879 at 6%; with 100% employer match about $11,114 at 4% or $7,410 at 6%.
20042510$20,261,296$2,101,102$4,120iApproximate average salary by contribution assumption: employee only about $102,995 at 4% or $68,663 at 6%; with 50% employer match about $68,663 at 4% or $45,776 at 6%; with 100% employer match about $51,498 at 4% or $34,332 at 6%.
Basic Resources Inc. & Subisidaries Money Purchase Pension Plan-279$17,901,423$1,622,639$5,816iApproximate average salary by contribution assumption: employee only about $145,398 at 4% or $96,932 at 6%; with 50% employer match about $96,932 at 4% or $64,621 at 6%; with 100% employer match about $72,699 at 4% or $48,466 at 6%.
Western Region Retirement Trust 401(K) and Regular Profit Sharing Plan-510$2,359,873$478,463$938iApproximate average salary by contribution assumption: employee only about $23,454 at 4% or $15,636 at 6%; with 50% employer match about $15,636 at 4% or $10,424 at 6%; with 100% employer match about $11,727 at 4% or $7,818 at 6%.
20032487$17,902,720$1,958,270$4,021iApproximate average salary by contribution assumption: employee only about $100,527 at 4% or $67,018 at 6%; with 50% employer match about $67,018 at 4% or $44,679 at 6%; with 100% employer match about $50,264 at 4% or $33,509 at 6%.
Basic Resources Inc. & Subisidaries Money Purchase Pension Plan-286$16,193,116$1,542,133$5,392iApproximate average salary by contribution assumption: employee only about $134,802 at 4% or $89,868 at 6%; with 50% employer match about $89,868 at 4% or $59,912 at 6%; with 100% employer match about $67,401 at 4% or $44,934 at 6%.
Western Region Retirement Trust 401(K) and Regular Profit Sharing Plan-487$1,709,604$416,137$854iApproximate average salary by contribution assumption: employee only about $21,362 at 4% or $14,242 at 6%; with 50% employer match about $14,242 at 4% or $9,494 at 6%; with 100% employer match about $10,681 at 4% or $7,121 at 6%.
20022528$13,298,247$1,941,843$3,678iApproximate average salary by contribution assumption: employee only about $91,943 at 4% or $61,296 at 6%; with 50% employer match about $61,296 at 4% or $40,864 at 6%; with 100% employer match about $45,972 at 4% or $30,648 at 6%.
Basic Resources Inc. & Subisidaries Money Purchase Pension PlanCurrent329$12,196,696$1,495,340$4,545iApproximate average salary by contribution assumption: employee only about $113,628 at 4% or $75,752 at 6%; with 50% employer match about $75,752 at 4% or $50,501 at 6%; with 100% employer match about $56,814 at 4% or $37,876 at 6%.
Western Region Retirement Trust 401(K) and Regular Profit Sharing Plan-528$1,101,551$446,503$846iApproximate average salary by contribution assumption: employee only about $21,141 at 4% or $14,094 at 6%; with 50% employer match about $14,094 at 4% or $9,396 at 6%; with 100% employer match about $10,571 at 4% or $7,047 at 6%.
20012543$14,818,592$1,756,766$3,235iApproximate average salary by contribution assumption: employee only about $80,882 at 4% or $53,922 at 6%; with 50% employer match about $53,922 at 4% or $35,948 at 6%; with 100% employer match about $40,441 at 4% or $26,961 at 6%.
Basic Resources Inc. & Subisidaries Money Purchase Pension Plan-297$13,949,841$1,329,569$4,477iApproximate average salary by contribution assumption: employee only about $111,917 at 4% or $74,611 at 6%; with 50% employer match about $74,611 at 4% or $49,741 at 6%; with 100% employer match about $55,958 at 4% or $37,306 at 6%.
Western Region Retirement Trust 401(K) and Regular Profit Sharing Plan-543$868,751$427,197$787iApproximate average salary by contribution assumption: employee only about $19,668 at 4% or $13,112 at 6%; with 50% employer match about $13,112 at 4% or $8,741 at 6%; with 100% employer match about $9,834 at 4% or $6,556 at 6%.
20002528$14,440,380$1,259,942$2,386iApproximate average salary by contribution assumption: employee only about $59,656 at 4% or $39,771 at 6%; with 50% employer match about $39,771 at 4% or $26,514 at 6%; with 100% employer match about $29,828 at 4% or $19,885 at 6%.
Basic Resources Inc. & Subisidaries Money Purchase Pension Plan-269$14,440,380$1,259,942$4,684iApproximate average salary by contribution assumption: employee only about $117,095 at 4% or $78,063 at 6%; with 50% employer match about $78,063 at 4% or $52,042 at 6%; with 100% employer match about $58,547 at 4% or $39,032 at 6%.
Western Region Retirement Trust 401(K) and Regular Profit Sharing Plan-528---
19991241$15,859,681$569,733$2,364iApproximate average salary by contribution assumption: employee only about $59,101 at 4% or $39,401 at 6%; with 50% employer match about $39,401 at 4% or $26,267 at 6%; with 100% employer match about $29,550 at 4% or $19,700 at 6%.
Basic Resources Inc. & Subisidaries Money Purchase Pension Plan-241$15,859,681$569,733$2,364iApproximate average salary by contribution assumption: employee only about $59,101 at 4% or $39,401 at 6%; with 50% employer match about $39,401 at 4% or $26,267 at 6%; with 100% employer match about $29,550 at 4% or $19,700 at 6%.
Schedule Details

Schedule H

Schedule H Financial Statement

Large plan result

Assets, contributions, fees, audit, and compliance fields reported for this large-plan filing.

End-of-year assets$12,196,696-$1,753,145 change

Balance Sheet

Beginning and end of plan year.

Total assets$13,949,841$12,196,696Decrease -$1,753,145 (-12.57%)
Total liabilities$0$2,190Increase +$2,190
Net assets$13,949,841$12,194,506Decrease -$1,755,335 (-12.58%)

Contributions

Employer contributions$1,495,340
Participant contributions$0
Other contributions$0
Total contributions$1,495,340

Income & Investment Result

Total income$-1,397,064
Interest$50,555
Dividends$215,521
Net income$-1,755,335

Expenses & Fees

Benefits paid$355,266
Investment management$0
Administrative expenses$3,005
Total expenses$358,271

Accountant

FirmDOUGLAS LAUGERO & COMPANY CPA'S
Firm EIN77-0004033

Compliance

Fidelity bondYes
Fidelity bond amount$1,000,000
Participant loans$0
Late contributionsNo
Schedule H source fields
Financial summary
Total assets at beginning of year: $13,949,841Total assets at end of year: $12,196,696Total liabilities at end of year: $2,190Net income or loss: $-1,755,335
Filing Id
84037360308523
Schedule H EIN
94-2208599
Schedule H Plan number
005
Schedule H Plan Year Begin Date
2002-01-01
Schedule H Tax Period
20021231
Non Interest Bear Cash Beginning of year Amount
$5,336
Employer Contribution Beginning of year Amount
$260,729
Participants Contribution Beginning of year Amount
$0
Other Receivables Beginning of year Amount
$10,373
Interest Bear Cash Beginning of year Amount
$1,638,085
Govt Sec Beginning of year Amount
$0
Corp Debt Preferred Beginning of year Amount
$0
Corp Debt Other Beginning of year Amount
$0
Pref Stock Beginning of year Amount
$0
Common Stock Beginning of year Amount
$11,685,318
Joint Venture Beginning of year Amount
$0
Real Estate Beginning of year Amount
$0
Other Loans Beginning of year Amount
$350,000
Participant loans at beginning of year
$0
Interest Common Tr Beginning of year Amount
$0
Interest Pool Sep Account Beginning of year Amount
$0
Interest Master Tr Beginning of year Amount
$0
Interest 103 12 Investment Beginning of year Amount
$0
Interest in registered investment companies at beginning of year
$0
Ins Co Gen Account Beginning of year Amount
$0
Oth Investment Beginning of year Amount
$0
Employer Sec Beginning of year Amount
$0
Employer Prop Beginning of year Amount
$0
Bldgs Used Beginning of year Amount
$0
Total assets at beginning of year
$13,949,841
Bnfts Payable Beginning of year Amount
$0
Oprtng Payable Beginning of year Amount
$0
Acquis Indbt Beginning of year Amount
$0
Other Liability Beginning of year Amount
$0
Total liabilities at beginning of year
$0
Net assets at beginning of year
$13,949,841
Non Interest Bear Cash End of year Amount
$375,325
Employer Contribution End of year Amount
$271,491
Participants Contribution End of year Amount
$0
Other Receivables End of year Amount
$22,949
Interest Bear Cash End of year Amount
$1,281,525
Govt Sec End of year Amount
$0
Corp Debt Preferred End of year Amount
$0
Corp Debt Other End of year Amount
$0
Pref Stock End of year Amount
$0
Common Stock End of year Amount
$9,895,406
Joint Venture End of year Amount
$0
Real Estate End of year Amount
$0
Other Loans End of year Amount
$350,000
Participant loans at end of year
$0
Interest Common Tr End of year Amount
$0
Interest Pool Sep Account End of year Amount
$0
Interest Master Tr End of year Amount
$0
Interest 103 12 Investment End of year Amount
$0
Interest in registered investment companies at end of year
$0
Ins Co Gen Account End of year Amount
$0
Oth Investment End of year Amount
$0
Employer Sec End of year Amount
$0
Employer Prop End of year Amount
$0
Bldgs Used End of year Amount
$0
Total assets at end of year
$12,196,696
Bnfts Payable End of year Amount
$0
Oprtng Payable End of year Amount
$0
Acquis Indbt End of year Amount
$0
Other Liability End of year Amount
$2,190
Total liabilities at end of year
$2,190
Net assets at end of year
$12,194,506
Employer contributions
$1,495,340
Participant contributions
$0
Oth Contribution Rcvd Amount
$0
Non Cash Contribution Bs Amount
$0
Total contributions
$1,495,340
Interest Bear Cash Amount
$15,555
Interest On Govt Sec Amount
$0
Interest On Corp Debt Amount
$0
Interest On Oth Loans Amount
$35,000
Interest on participant loans
$0
Interest On Oth Investment Amount
$0
Total interest income
$50,555
Divnd Pref Stock Amount
$0
Divnd Common Stock Amount
$215,521
Total dividend income
$215,521
Total Rents Amount
$0
Aggregate Proceeds Amount
$6,228,265
Aggregate Costs Amount
$8,317,931
Net gain or loss on sale of assets
$-2,089,666
Unrealized Apprctn Re Amount
$0
Unrealized Apprctn Oth Amount
$-1,068,814
Net unrealized appreciation or depreciation
$-1,068,814
Gain Loss Com Trust Amount
$0
Gain Loss Pool Sep Amount
$0
Gain Loss Master Tr Amount
$0
Gain Loss 103 12 Investment Amount
$0
Gain or loss on registered investments
$0
Other Income Amount
$0
Total income
$-1,397,064
Participant distributions
$355,266
Ins Carrier Bnfts Amount
$0
Oth Bnft Payment Amount
$0
Total benefit distributions
$355,266
Total Corrective Distribution Amount
$0
Total Dm Distribution Ptcp Lns A
0
Total Interest Expense Amount
$0
Professional Fees Amount
$0
Contract Admin Fees Amount
$0
Investment management fees
$0
Other Admin Fees Amount
$3,005
Total administrative expenses
$3,005
Total expenses
$358,271
Net income or loss
$-1,755,335
Total Transfers To Amount
$0
Transfers from other plans
$0
Accountant Opinion Type Indicator
Yes
Accountant firm name
DOUGLAS LAUGERO & COMPANY CPA'S
Accountant firm EIN
77-0004033
Failed to transmit participant contributions on time
No
Fail Transmit Contribution Amount
$0
Participant loans in default
No
Loans In Default Amount
$0
Leases in default
No
Leases In Default Amount
$0
Nonexempt transactions with parties in interest
No
Party In Interest Not Reported Amount
$0
Fidelity bond in place
Yes
Fidelity bond amount
$1,000,000
Loss discovered during year
No
Loss Discovered Dur Year Amount
$0
Assets with undetermined value
No
Asset Undeterm Valuation Amount
$0
Non-cash contributions reported
No
Non Cash Contribution Amount
$0
Assets held for investment
Yes
Reportable 5% transactions
No
All plan assets distributed
No
Resolution to terminate plan adopted
No
Res Terminate Plan Adpt Amount
$0