Basic Energy Services, L.p. 401(k) Plan (terminated 2022): Login, Facts & Contact Information

Plan terminated

This plan was terminated. Its final Form 5500 covers plan year 2022. If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.

Basic Energy Services, L.p. 401(k) Plan Facts (plan year 2022)

Plan name
BASIC ENERGY SERVICES 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
BASIC ENERGY SERVICES, L.P.
Participants
947
Former employees with a balance
0
Recordkeeper
Digital Retirement Solutions, Inc.
Plan year
Jan 1, 2022 – Apr 14, 2022
Plan established
Jan 1, 1999
✓ 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 2022 (Jan 1, 2022 – Apr 14, 2022), filed Oct 12, 2022. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2022

  • $36.2 million was paid out to participants.

How the Basic Energy Services, L.p. 401(k) changed, 2017–2022

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20175,094$70.2 million$2$6.62 million
20185,520$62.2 million—$9.56 million
20195,642$71.2 million$2.49 million$10.4 million
20202,913$70.3 million$765,548$28.6 million
20213,055$38.0 million—$42.9 million
2022 (final)947$0—$36.2 million

Basic Energy Services, L.p. 401(k) Contact Information

Phone
817-334-4100
Mailing address
801 CHERRY ST. SUITE 2355, FT WORTH TX 76102
Plan sponsor
BASIC ENERGY SERVICES, L.P.
Employer identification number (EIN)
75-2441819
Plan number
001

Questions about the Basic Energy Services, L.p. 401(k)

Is the Basic Energy Services, L.p 401(k) plan still active?

No. The plan's final Form 5500 was filed for plan year 2022.

Does Basic Energy Services, L.p contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement.

Does the Basic Energy Services, L.p 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Basic Energy Services, L.p 401(k) plan?

947 participants at the start of plan year 2022.

Who manages the Basic Energy Services, L.p 401(k) accounts?

DIGITAL RETIREMENT SOLUTIONS, INC. is the plan's recordkeeper, which is where participants log in to see their balance.

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