Terrible Herbst Oil, Inc. 401(k) Plan: Login, Facts & Contact Information
No Form 5500 has been filed for this plan since plan year 2020. 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.
Terrible Herbst Oil, Inc. 401(k) Login
Retirement plan providers can change. This information is from the plan's 2020 filing.
Terrible Herbst Oil, Inc. 401(k) Plan Facts (plan year 2020)
Source: Form 5500 for plan year 2020 (Jan 1, 2020 – Dec 31, 2020), filed Sep 16, 2021. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2020
- $358,584 went into the plan in contributions.
- $1.28 million was paid out to participants.
- Investment and other income added $633,487.
- Administrative expenses were $7,603, about $45 per account.
How the Terrible Herbst Oil, Inc. 401(k) changed, 2015–2020
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2015 | 1,144 | $5.21 million | $0 | $948,466 |
| 2016 | 1,198 | $5.03 million | $0 | $772,767 |
| 2017 | 1,255 | $5.59 million | $0 | $576,675 |
| 2018 | 1,199 | $5.39 million | $0 | $461,167 |
| 2019 | 1,254 | $6.88 million | $0 | $229,402 |
| 2020 | 1,239 | $6.56 million | $0 | $1.28 million |
Terrible Herbst Oil, Inc. 401(k) Contact Information
Questions about the Terrible Herbst Oil, Inc. 401(k)
Is the Terrible Herbst Oil, Inc 401(k) plan still active?
We can't confirm that. The last Form 5500 on record for this plan covers plan year 2020, and no later filing was found under this employer's EIN.
Does Terrible Herbst Oil, Inc contribute to the 401(k)?
Yes. The plan reports an employer contribution arrangement.
Does the Terrible Herbst Oil, Inc 401(k) have automatic enrollment?
No. The plan does not report automatic enrollment; employees enroll themselves.
How many people are in the Terrible Herbst Oil, Inc 401(k) plan?
1,239 participants at the start of plan year 2020, 1,057 of them active employees, and 63 former employees who still had money in the plan.
What is the average 401(k) balance at Terrible Herbst Oil, Inc?
About $38,833 per account: $6.56 million in plan assets across 169 accounts with a balance at the end of plan year 2020.
Who manages the Terrible Herbst Oil, Inc 401(k) accounts?
Principal (listed on the filing as PRINCIPAL LIFE INSURANCE COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.