Yellow Jacket Drilling Service 401(k) Plan (terminated 2021): Login, Facts & Contact Information

Plan terminated

This plan was terminated. Its final Form 5500 covers plan year 2021, when $4.63 million was transferred out of the plan. Assets moved to the APB ELITE POOLED EMPLOYER PLAN (sponsored by AXIOS ADVISORY GROUP, LLC). If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.

Yellow Jacket Drilling Service 401(k) Plan Facts (plan year 2021)

Plan name
YELLOW JACKET DRILLING SERVICE 401(K) PROFIT SHARING PLAN AND TRUST
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
YELLOW JACKET DRILLING SERVICE
Participants
146
Former employees with a balance
0
Employer contributions
$108,676 in plan year 2021 (20% of all contributions)
Recordkeeper
American Pension Benefits
Plan year
Jan 1, 2021 – Dec 31, 2021
Plan established
Jan 1, 2014
✓ 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 2021 (Jan 1, 2021 – Dec 31, 2021), filed Sep 30, 2022. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2021

  • $549,465 went into the plan in contributions, $108,676 of it from the employer (20%).
  • $134,040 was paid out to participants.
  • Investment and other income added $701,680.

How the Yellow Jacket Drilling Service 401(k) changed, 2016–2021

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2016122$943,611$75,261$21,913
2017147$1.37 million$95,379$96,094
2018146$1.62 million$95,752$124,145
2019117$2.75 million$94,230$67,715
2020137$3.57 million$109,237$170,852
2021 (final)146$0$108,676$134,040

Yellow Jacket Drilling Service 401(k) Contact Information

Phone
602-453-3252
Mailing address
3922 E. UNIVERSITY DR. SUITE 1, PHOENIX AZ 85034
Plan sponsor
YELLOW JACKET DRILLING SERVICE
Employer identification number (EIN)
38-3727439
Plan number
001

Questions about the Yellow Jacket Drilling Service 401(k)

Is the Yellow Jacket Drilling Service 401(k) plan still active?

No. The plan's final Form 5500 was filed for plan year 2021. Its assets were transferred to the APB ELITE POOLED EMPLOYER PLAN.

Does Yellow Jacket Drilling Service contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2021 the employer contributed $108,676, 20% of all contributions.

Does the Yellow Jacket Drilling Service 401(k) have automatic enrollment?

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

How many people are in the Yellow Jacket Drilling Service 401(k) plan?

146 participants at the start of plan year 2021.

Who manages the Yellow Jacket Drilling Service 401(k) accounts?

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

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