Money Purchase · DOL Form 5500 · 2022

Palumbo Fuel, Inc. Money Purchase Plan

Data updated 2026-08-25

$502K
Total assets Small plan by assets
2
Participants Small participant base
18th
Percentile by assets National rank
$251,214
Avg per participant Above avg balance/head
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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.

  • #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.

#2,613
in Retail Trade (9,519 peers)
-10.8%
assets change YoY

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. Profit Sharing Plan among the smaller filed plans by assets

Palumbo Fuel, Inc. Profit Sharing Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$502,428 18th percentile higher than 18% of 139,123 filed plans

This plan $0 $2,050,000,000 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 2022

Palumbo Fuel, Inc. Profit Sharing Plan among micro filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Palumbo Fuel, Inc. Profit Sharing Plan is a micro filing (2 participants), the leftmost band.

Form 5500 schedule snapshot

Filing strip 222063353 · Palumbo Fuel, Inc. PY 2022 · Money Purchase

Palumbo Fuel, Inc. Profit Sharing Plan · $502K · 2 · 18th

  • NET $502K
  • NET 2
  • NET 18th
  • NET Money Purchase
  • NET near American Alarm Corporation
  • NET ind #2613

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Retail Trade retirement plans → · Plans in New Jersey →

Palumbo Fuel, Inc. Profit Sharing Plan in the asset neighbourhood

Rad Imaging Services, LLC Profit Sharing Plan (Formerly Maruja Santiago Velez Profit Sharing Plan)Rad Imaging Services, LLC Pr…$509KRetirement Plan of Richard P. Mellon 1940 TrustRetirement Plan of Richard P…$511KPalumbo Fuel, Inc. Profit Sharing PlanPalumbo Fuel, Inc. Profit Sh…$502KAmerican Alarm Corporation$501KMlpfs Cust Fpo Moe Vokshoor Dds BasicMlpfs Cust Fpo Moe Vokshoor …$495K
End-of-year total assets ($M) among Palumbo Fuel, Inc. Profit Sharing Plan and nearest nationwide Money Purchase peers. Source: DOL Form 5500 plan year 2022.

Palumbo Fuel, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Palumbo Fuel, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$649K 29.08177888175022% vs 2022
2024 filing year
$0.45M$0.5M$0.55M$0.6M$0.65M$0.7M 202220232024 $0.5M $0.65M ▲ +30.0%
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 EIN222063353
Plan Effective Date1979-04-01
Filing StatusFILING 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 Scatter plot of 6 data points. -20000200040006000 -20002004006008001000 Total assets ($M) Participants Palumbo Fuel, Inc. Profit Sharing Plan, Total assets ($M): 0.502428 · Participants: 2Palumbo Fuel, Inc. Profit Sharing PlanLocal 68 Engineers Union Annuity Plan, Total assets ($M): 871.227492 · Participants: 5455Local 68 Engineers Union Annuity PlanNysa-Ila Money Purchase Pension Fund and Plan, Total assets ($M): 658.631098 · Participants: 4255Nysa-Ila Money Purchase Pension Fund and PlanEducational Testing Service 401(a) Retirement Plan, Total assets ($M): 524.999965 · Participants: 3282Educational Testing Service 401(a) Retirement PlanIronworkers Local 11 Annuity Fund, Total assets ($M): 383.856684 · Participants: 1139Ironworkers Local 11 Annuity FundPlumbers & Pipefitters Local 9 Surety Plan, Total assets ($M): 257.331519 · Participants: 1957Plumbers & Pipefitters Local 9 Surety Plan
Palumbo Fuel, Inc. Profit Sharing Plan vs. nearby Money Purchase plans in New Jersey, assets vs. participants
Compare Palumbo Fuel, Inc. Profit Sharing Plan side-by-side with 3 peers →

Palumbo Fuel, Inc. Profit Sharing Plan's out-of-state Money Purchase peers by assets and headcount

Outside New Jersey, the nearest Money Purchase by assets is American Alarm Corporation in GA ($501K); by covered participants it is The Sellon Retirement Plan in NY (2 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Palumbo Fuel, Inc. Profit Sharing Plan assets move in 2022? ▼
Palumbo Fuel, Inc. Profit Sharing Plan pulled back noticeably - down 10.8% during 2022, from $563K to $502K. Reported net income was -$61K.
How have Palumbo Fuel, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Palumbo Fuel, Inc.'s sponsor-wide assets grew 29.1%, from $502K to $649K.
Where does Palumbo Fuel, Inc. Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Palumbo Fuel, Inc. Profit Sharing Plan ranks in the 18th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the smaller plans by assets on file).
Which Money Purchase plans are similar in size to Palumbo Fuel, Inc. Profit Sharing Plan? ▼
Among Money Purchase plans in other states, the closest by assets is American Alarm Corporation in GA ($501K, 4 participants).
Which Money Purchase plans cover a similar participant headcount to Palumbo Fuel, Inc. Profit Sharing Plan? ▼
Among Money Purchase plans in other states, the closest by covered participants is The Sellon Retirement Plan in NY (2 participants, $2M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 222063353.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.