Profit Sharing
2022 plan-year Profit Sharing DOL Form 5500

O&G INDUSTRIES, INC. 401(K) SALARY REDUCTION PLAN & TRUST

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

O & G INDUSTRIES, INC.

This Profit Sharing plan holds $40M in total assets and serves 324 participants as of 2022. It is sponsored by O & G INDUSTRIES, INC. in Connecticut. The plan reported a net loss of $9M for the year.

Total Assets (2023)
$40M
Participants
324
State
Industry
Construction

What the Filing Says About O&G INDUSTRIES, INC. 401(K) SALARY REDUCTION PLAN & TRUST

O&G INDUSTRIES, INC. 401(K) SALARY REDUCTION PLAN & TRUST is a Profit Sharing retirement plan sponsored by O & G INDUSTRIES, INC., headquartered in Connecticut. As of the 2022 Form 5500 filing, the plan reports $40M in total end-of-year assets and covers 324 participants across the Construction industry. The sponsor's EIN on file with the U.S. Department of Labor is 060479981, and the plan has been effective since 1996-05-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $49M at the beginning of 2022 to $40M at year-end — a decline of 18.8%. Net assets (after liabilities) closed the year at $40M, with reported net income of $-9,139,576 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$49M
Total Assets (End of Year)$40M
Net Assets (End of Year)$40M
Net Income$-9,139,576
Plan TypeProfit Sharing
Employer EIN060479981
Plan Effective Date1996-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (O & G INDUSTRIES, INC.)

Year Plans Participants Total Assets
2022 2 507 $119M
2023 2 478 $138M
2024 2 486 $154M

Nearby Profit Sharing Plans in Connecticut

Peer Profit Sharing plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the O&G INDUSTRIES, INC. 401(K) SALARY REDUCTION PLAN & TRUST?
As of the 2022 Form 5500 filing, O&G INDUSTRIES, INC. 401(K) SALARY REDUCTION PLAN & TRUST holds $40M in total assets with 324 participants. It is sponsored by O & G INDUSTRIES, INC..
What type of plan is O&G INDUSTRIES, INC. 401(K) SALARY REDUCTION PLAN & TRUST?
O&G INDUSTRIES, INC. 401(K) SALARY REDUCTION PLAN & TRUST is a Profit Sharing plan. It has been effective since 1996-05-01. The plan is filed with the U.S. Department of Labor under EIN 060479981.
Who sponsors the O&G INDUSTRIES, INC. 401(K) SALARY REDUCTION PLAN & TRUST?
O&G INDUSTRIES, INC. 401(K) SALARY REDUCTION PLAN & TRUST is sponsored by O & G INDUSTRIES, INC., located in Connecticut. The sponsor's EIN is 060479981 and the plan operates in the Construction industry.
How did O&G INDUSTRIES, INC. 401(K) SALARY REDUCTION PLAN & TRUST perform in 2022?
O&G INDUSTRIES, INC. 401(K) SALARY REDUCTION PLAN & TRUST declined by 18.8% during 2022, moving from $49M to $40M in total assets. Net income was $-9,139,576.
Where can I find official filings for O&G INDUSTRIES, INC. 401(K) SALARY REDUCTION PLAN & TRUST?
Official Form 5500 filings for O&G INDUSTRIES, INC. 401(K) SALARY REDUCTION PLAN & TRUST are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 060479981 or plan name at efast.dol.gov.
How does O&G INDUSTRIES, INC. 401(K) SALARY REDUCTION PLAN & TRUST compare to other plans?
You can compare O&G INDUSTRIES, INC. 401(K) SALARY REDUCTION PLAN & TRUST against other Profit Sharing plans on the plan type page, or view plans in Connecticut on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

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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 060479981.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.