How big is Basic Drilling Co.'s plan?

Basic Drilling Co.'s plan reported $576K in assets and 28 participants for 2024.

Original filing (PDF)20250715165014NAL0001476707001

Basic Drilling Co.

Name: Basic Drilling Co. — Basic Drilling Co. 401(k), Form 5500 (2024)
Creator: Basic Drilling Co.
License: https://www.usa.gov/government-works

Form 5500-SF

FILING_RECEIVED

Basic Drilling Co. 401(k) Profit Sharing Plan

401(k) retirement plan · Basic Drilling Co.'s Basic Drilling Co. 401(k) Profit Sharing Plan held $576K in plan assets for 28 participants in 2024.

Active participants

Accounts w/ balance

Plan assets (EOY)

$576K

Net assets (EOY)

$576K

People on this filing

Michael Harambasic signed Basic Drilling Co.'s 2024 Form 5500 as plan administrator.

Michael Harambasic — Plan Administrator — Form 5500 signer

Get verified email & phone for these signers

Signer names are public record from the Form 5500 e-signature.

Plan identifiers

Basic Drilling Co.'s EIN is 86-0254554.

EIN 86-0254554

Plan number 002

Plan year 2024

ACK ID 20250715165014NAL0001476707001

Official Form 5500 document

Download the official 2024 Form 5500 (PDF) for Basic Drilling Co. from the U.S. Department of Labor's EFAST2 system.

Download the official 2024 Form 5500 (PDF)

Plan features

Basic Drilling Co.'s plan includes profit-sharing, a 401(k) feature, a default investment (QDIA).

Decision-maker contacts

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Plan health score

Top-tier plan health

Directional indicator from public Form 5500 data — compliance & integrity, total plan cost, participant health and vendor stack, benchmarked against same-size peers. Not a fiduciary tool. Based on 70% of scoring inputs for this filing.

Compliance & integrity

100

Total plan cost

n/a

Plan health

Vendor & structure

100

Helping the score