401(k) · DOL Form 5500 · 2023

Basa Resources, Inc. 401(k) Plan

Data updated 2026-08-11

$26M
Total assets
199
Participants
77th
Percentile by assets
$128,168
Avg per participant
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Official DOL plan name: Basa Resources, Inc. 401(k) Plan · Sponsored by Basa Resources, Inc. · Texas · Mining & Oil Extraction

$26M in assets, 199 participants

Basa Resources, Inc.'s Basa Resources, Inc. 401(k) Plan reported $26M in total assets and 199 participants in its 2023 DOL Form 5500 filing, ranking in the 77th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 77th percentile by assets (of 127,072 plans)
  • #495 in Mining & Oil Extraction (811 peers)

Coverage in Texas

Basa Resources, Inc. 401(k) Plan covers 199 participants in Texas, about 29% of the average Texas filer (state average ~688 per filing). Assets: $26M.

$26M
total plan assets (2023 EOY)
199
covered participants
77th
percentile by assets (of 127,072 plans)
$128,168
avg assets per participant

Where Basa Resources, Inc. 401(k) Plan sits by total assets

Basa Resources, Inc. 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$25,505,392 Top 23% higher than 77% of 127,068 filed plans

This plan $0 $2,010,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Basa Resources, Inc. 401(k) Plan reported net income rose from -$2M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Basa Resources, Inc. 401(k) Plan end-of-year assets rose from $21M in the plan year 2022 filing to $26M in the plan year 2023 filing.
  • Basa Resources, Inc. 401(k) Plan reported participants rose from 179 in the plan year 2022 filing to 199 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Participants vs Texas filers

In Texas, the average filing covers about 688 participants across 10,116 plans. Basa Resources, Inc. 401(k) Plan reports 199 participants - about 29% of that state average ($26M EOY assets).

Texas filing particulars

Total Assets (Beginning of Year)$21M
Net Assets (End of Year)$26M
Net Income$5M
Employer EIN752280552
Plan Effective Date1999-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Basa Resources, Inc.)

$18M$20M$22M$24M$26M$28M 202220232024 $20.6M $26.3M ▲ +27.7%
Total plan assets by year, all Basa Resources, Inc. plans on file
Year Plans Participants Total Assets
2022 1 179 $21M
2023 1 199 $26M
2024 1 200 $26M

Nearby 401(k) Plans in Texas

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Basa Resources, Inc. 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants

Basa Resources, Inc. 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Basa Resources, Inc.…AT&T Retirement Savi…Exxonmobil Savings P…Caterpillar 401(k) S…American Airlines, I…Dell Inc. 401(k) Plan
Basa Resources, Inc. 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Basa Resources, Inc. 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Basa Resources, Inc. 401(k) Plan assets move in 2023?
Basa Resources, Inc. 401(k) Plan grew sharply - up 24.1% during 2023, from $21M to $26M. Reported net income was $5M.
How have Basa Resources, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Basa Resources, Inc.'s sponsor-wide assets grew 27.7%, from $21M to $26M.
Where does Basa Resources, Inc. 401(k) Plan rank by assets among Form 5500 filers?
Basa Resources, Inc. 401(k) Plan ranks in the 77th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Basa Resources, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Mansueto Ventures, LLC 401(k) Plan in NY ($26M, 182 participants).

Next read for Basa Resources, Inc. 401(k) Plan

Filing takeaways

Ways to act on Basa Resources, Inc. 401(k) Plan's numbers.