Profit Sharing · DOL Form 5500 · 2022
First Reserve Corporation, LLC Profit Sharing Plan
Data updated 2026-08-11
- $46M
- Total assets
- 48
- Participants
- 87th
- Percentile by assets
- $958,412
- Avg per participant
Official DOL plan name: First Reserve Savings Plan · Sponsored by First Reserve Corporation, LLC · Connecticut · Finance & Insurance
$46M in assets, 48 participants
First Reserve Corporation, LLC's First Reserve Savings Plan reported $46M in total assets and 48 participants in its 2022 DOL Form 5500 filing, ranking in the 87th 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.
- 87th percentile by assets (of 139,126 plans)
- #7,382 in Finance & Insurance (9,261 peers)
Where First Reserve Savings Plan sits by assets
First Reserve Savings Plan sits in the top quartile of all filed plans by assets, $46M for 48 participants (~$958,412/participant), down 22.9% in 2022.
- $46M
- total plan assets (2022 EOY)
- 48
- covered participants
- 87th
- percentile by assets (of 139,126 plans)
- $958,412
- avg assets per participant
The plan reported a net loss of $14M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
First Reserve Savings Plan vs the 2022 asset distribution
By assets, First Reserve Savings Plan outranks 87% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.5x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $60M |
|---|---|
| Net Assets (End of Year) | $46M |
| Net Income | -$14M |
| Employer EIN | 800547662 |
| Plan Effective Date | 1987-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (First Reserve Corporation, LLC)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 48 | $46M |
| 2023 | 1 | 48 | $51M |
| 2024 | 1 | 45 | $57M |
Nearby Profit Sharing Plans in Connecticut
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
First Reserve Savings Plan vs. nearby Profit Sharing plans in Connecticut, assets vs. participants
- North Atlantic States Carpenters Annuity Plan $1.2B · 10,777
- The Lee Company Profit Sharing Plan $396M · 930
- Connecticut Children's Retirement Savings Plan $377M · 2,969
- Connecticut Laborers' Annuity Plan $215M · 3,141
- Connecticut Pipetrades Local No. 777 Annuity Plan $212M · 2,456
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to First Reserve Savings Plan by total assets, not by location.
- Profit Sharing Plan for Employees of Tanana Chiefs Conference (AK) $46M · 893
- Malcolm Drilling Plan Co., Inc., Profit Sharing Plan 401(k) Plan (CA) $46M · 223
- Beloit Health System Matching & Employer Contribution Plan (WI) $46M · 1,618
- Pharmachem Laboratories, Inc. Profit Sharing Plan (DE) $46M · 119
Frequently Asked Questions
How did First Reserve Savings Plan assets move in 2022? ▼
How have First Reserve Corporation, LLC plan assets changed over time? ▼
Where does First Reserve Savings Plan rank by assets among Form 5500 filers? ▼
Which Profit Sharing plans are similar in size to First Reserve Savings Plan? ▼
Next read for First Reserve Savings Plan
Scale reading
Ways to act on First Reserve Savings Plan's numbers.
- By total assets, First Reserve Savings Plan ranks in the top quartile of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing plans in Connecticut. Compare plans
- First Reserve Corporation, LLC's sponsor-wide assets have grown 23.1% since 2022 across 3 plan years on file. More Finance & Insurance plans