Profit Sharing · DOL Form 5500 · 2022

Garfield Refining Company Profit Sharing Plan

Data updated 2026-08-25

$7M
Total assets Small plan by assets
40
Participants Small participant base
56th
Percentile by assets National rank
$165,047
Avg per participant Above avg balance/head
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Official DOL plan name: Garfield Refining Company Profit Sharing Plan · Sponsored by Garfield Refining Company · Pennsylvania · Manufacturing

$7M in assets, 40 participants

Garfield Refining Company's Garfield Refining Company Profit Sharing Plan reported $7M in total assets and 40 participants in its 2022 DOL Form 5500 filing, ranking in the 56th 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.

  • #8,551 in Manufacturing (20,602 peers)

2022 asset change

Garfield Refining Company Profit Sharing Plan declined sharply 19.9% in 2022 ($8M → $7M) for 40 participants.

#8,551
in Manufacturing (20,602 peers)
-19.9%
assets change YoY

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Garfield Refining Company Profit Sharing Plan's mid-pack asset rank among Manufacturing and all filers

Garfield Refining Company Profit Sharing Plan vs every filed plan by assets

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

$6,601,877 Top 44% higher than 56% 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

Garfield Refining Company Profit Sharing Plan among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Garfield Refining Company Profit Sharing Plan is a small filing (40 participants) on this national headcount ladder.

EBSA filing schedule strip

Filing strip 230611901 · Garfield Refining Company PY 2022 · Profit Sharing

Garfield Refining Company Profit Sharing Plan · $7M · 40 · 56th

  • IND $7M
  • IND 40
  • IND 56th
  • IND Profit Sharing
  • IND near Stephen D. Taylor, D.M.D. 401(k) Profit Sharing Plan
  • IND ind #8551

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 Manufacturing retirement plans → · Plans in Pennsylvania →

Garfield Refining Company Profit Sharing Plan in the asset neighbourhood

Sprinkmann Insulation, Inc. Profit Sharing PlanSprinkmann Insulation, Inc. …$7MLooking Upwards, Inc. 401 (K) Retirement PlanLooking Upwards, Inc. 401 (K…$7MGarfield Refining Company Profit Sharing PlanGarfield Refining Company Pr…$7MStephen D. Taylor, D.M.D. 401(k) Profit Sharing PlanStephen D. Taylor, D.M.D. 40…$7MDavis, Arneil Law Firm, LLP Profit Sharing Plan & TrustDavis, Arneil Law Firm, LLP …$7M
End-of-year total assets ($M) among Garfield Refining Company Profit Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2022.

2022 asset-move particulars

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$7M
Net Income-$2M
Employer EIN230611901
Plan Effective Date1978-07-01
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Pennsylvania

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

Garfield Refining Company Profit Sharing Plan vs. nearby Profit Sharing plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -0.500.511.522.5 Total assets ($B) Participants Garfield Refining Company Profit Sharing Plan, Total assets ($B): 0.006601877 · Participants: 40Garfield Refining Company Profit Sharing PlanEastern Atlantic States Carpenters Annuity Fund, Total assets ($B): 2.032358305 · Participants: 8058Eastern Atlantic States Carpenters Annuity FundUniversity of Pennsylvania Basic Plan, Total assets ($B): 1.417850182 · Participants: 14515University of Pennsylvania Basic PlanInternational Brotherhood of Electrical Workers Local Union 98 - Profit Sharing Plan, Total assets ($B): 0.958457322 · Participants: 3904International Brotherhood of Electrical Workers Local Union 98 - Profit Sharing PlanTemple University Health System, Inc. Defined Contribution Retirement Plan, Total assets ($B): 0.640341222 · Participants: 9017Temple University Health System, Inc. Defined Contribution Retirement PlanSteamfitters Local Union No. 420 Srp, Total assets ($B): 0.58659727 · Participants: 6353Steamfitters Local Union No. 420 Srp
Garfield Refining Company Profit Sharing Plan vs. nearby Profit Sharing plans in Pennsylvania, assets vs. participants

Garfield Refining Company Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Pennsylvania, the nearest Profit Sharing by assets is Stephen D. Taylor, D.M.D. 401(k) Profit Sharing Plan in CA ($7M); by covered participants it is Warren Bank Profit Sharing Plan in AR (40 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (40 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 Garfield Refining Company Profit Sharing Plan assets move in 2022?
Garfield Refining Company Profit Sharing Plan declined sharply - down 19.9% during 2022, from $8M to $7M. Reported net income was -$2M.
Which Profit Sharing plans are similar in size to Garfield Refining Company Profit Sharing Plan?
Among Profit Sharing plans in other states, the closest by assets is Stephen D. Taylor, D.M.D. 401(k) Profit Sharing Plan in CA ($7M, 2 participants).
Which Profit Sharing plans cover a similar participant headcount to Garfield Refining Company Profit Sharing Plan?
Among Profit Sharing plans in other states, the closest by covered participants is Warren Bank Profit Sharing Plan in AR (40 participants, $2M in assets).