Ascent Resources 401(k) Plan: Login, Facts & Contact Information

No recent filing

No Form 5500 has been filed for this plan since plan year 2017. The plan may have been terminated, merged into another plan, or moved to a new sponsor. Everything below comes from its last filing on record.

Ascent Resources 401(k) Plan Facts (plan year 2017)

Plan name
ASCENT RESOURCES 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
ASCENT RESOURCES
Participants
295 (312 active employees)
Former employees with a balance
69
Plan assets
$28,920,306 at Dec 31, 2017
Average account balance
$77,534 across 373 accounts
Employer contributions
$3,708,904 in plan year 2017 (52% of all contributions)
Plan year
Jan 1, 2017 – Dec 31, 2017
Plan established
Jul 1, 2013
Employer contributions Automatic enrollment Default investment for undecided participants Participants choose their own investments Self-directed brokerage window Profit sharing Company stock (ESOP)

Source: Form 5500 for plan year 2017 (Jan 1, 2017 – Dec 31, 2017), filed Oct 12, 2018. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2017

  • $7.14 million went into the plan in contributions, $3.71 million of it from the employer (52%).
  • $1.16 million was paid out to participants.
  • Investment and other income added $4.18 million.
  • Administrative expenses were $157,404, about $422 per account.

How the Ascent Resources 401(k) changed, 20152017

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2015240$12.6 million$1.17 million$119,977
2016272$18.9 million$2.82 million$917,569
2017295$28.9 million$3.71 million$1.16 million

Ascent Resources 401(k) Contact Information

Phone
405-608-5544
Mailing address
3501 NW 63RD STREET, OKLAHOMA CITY OK 731167909
Plan sponsor
ASCENT RESOURCES
Employer identification number (EIN)
47-2560345
Plan number
001

Questions about the Ascent Resources 401(k)

Is the Ascent Resources 401(k) plan still active?

We can't confirm that. The last Form 5500 on record for this plan covers plan year 2017, and no later filing was found under this employer's EIN.

Does Ascent Resources contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2017 the employer contributed $3.71 million, 52% of all contributions.

Does the Ascent Resources 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Ascent Resources 401(k) plan?

295 participants at the start of plan year 2017, 312 of them active employees, and 69 former employees who still had money in the plan.

What is the average 401(k) balance at Ascent Resources?

About $77,534 per account: $28.9 million in plan assets across 373 accounts with a balance at the end of plan year 2017.

Who manages the Ascent Resources 401(k) accounts?

Principal is the plan's recordkeeper, which is where participants log in to see their balance.

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