Money Purchase · DOL Form 5500 · 2022
Palumbo Fuel, Inc. Money Purchase Plan
Data updated 2026-08-11
- $502K
- Total assets
- 2
- Participants
- 18th
- Percentile by assets
- $251,214
- Avg per participant
Official DOL plan name: Palumbo Fuel, Inc. Profit Sharing Plan · Sponsored by Palumbo Fuel, Inc. · New Jersey · Retail Trade
$502K in assets, 2 participants
Palumbo Fuel, Inc.'s Palumbo Fuel, Inc. Profit Sharing Plan reported $502K in total assets and 2 participants in its 2022 DOL Form 5500 filing, ranking in the 18th 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.
- 18th percentile by assets (of 139,126 plans)
- #2,613 in Retail Trade (9,519 peers)
Palumbo Fuel, Inc. multi-year trail
Palumbo Fuel, Inc.'s plans moved +29.1% in assets from 2022 to 2024; this filing shows Palumbo Fuel, Inc. Profit Sharing Plan at $502K / 2 participants.
- $502K
- total plan assets (2022 EOY)
- 2
- covered participants
- 18th
- percentile by assets (of 139,126 plans)
- $251,214
- avg assets per participant
The plan reported a net loss of $61K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Palumbo Fuel, Inc. across 3 plan years on file
Across the 3 plan years Palumbo Fuel, Inc. has on file (2022-2024), sponsor-wide plan assets have moved from $502K to $649K, a gain of 29.1%, while reported participants moved from 2 to 2 (+0.0%). Peak year by sponsor assets: 2024 ($649K); trough: 2022 ($502K).
Palumbo Fuel, Inc. multi-year asset trail
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 2 | $502K |
| 2023 | 1 | 2 | $601K |
| 2024 | 1 | 2 | $649K |
Palumbo Fuel, Inc. filing trail (2022)
| Total Assets (Beginning of Year) | $563K |
|---|---|
| Net Assets (End of Year) | $502K |
| Net Income | -$61K |
| Employer EIN | 222063353 |
| Plan Effective Date | 1979-04-01 |
| Filing Status | FILING RECEIVED |
Nearby Money Purchase Plans in New Jersey
Peer Money Purchase plans, same state, same plan type, ranked by total assets.
Palumbo Fuel, Inc. Profit Sharing Plan vs. nearby Money Purchase plans in New Jersey, assets vs. participants
- Local 68 Engineers Union Annuity Plan $871M · 5,455
- Nysa-Ila Money Purchase Pension Fund and Plan $659M · 4,255
- Educational Testing Service 401(a) Retirement Plan $525M · 3,282
- Ironworkers Local 11 Annuity Fund $384M · 1,139
- Plumbers & Pipefitters Local 9 Surety Plan $257M · 1,957
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Money Purchase plans in other states closest to Palumbo Fuel, Inc. Profit Sharing Plan by total assets, not by location.
Frequently Asked Questions
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Next read for Palumbo Fuel, Inc. Profit Sharing Plan
Multi-year trail
Ways to act on Palumbo Fuel, Inc. Profit Sharing Plan's numbers.
- By total assets, Palumbo Fuel, Inc. Profit Sharing Plan ranks among the smaller plans by assets on file. See the largest plans
- Compare it side-by-side against 3 similar Money Purchase plans in New Jersey. Compare plans
- Palumbo Fuel, Inc.'s sponsor-wide assets have grown 29.1% since 2022 across 3 plan years on file. More Retail Trade plans