401(k)
2022 plan-year 401(k) DOL Form 5500

PALMDALE OIL COMPANY 401K

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

PALMDALE OIL COMPANY INC.

This 401(k) plan holds $4M in total assets and serves 143 participants as of 2022. It is sponsored by PALMDALE OIL COMPANY INC. in Florida. The plan reported a net loss of $148K for the year.

Total Assets (2023)
$4M
Participants
143
State
Industry
Wholesale Trade

What the Filing Says About PALMDALE OIL COMPANY 401K

PALMDALE OIL COMPANY 401K is a 401(k) retirement plan sponsored by PALMDALE OIL COMPANY INC., headquartered in Florida. As of the 2022 Form 5500 filing, the plan reports $4M in total end-of-year assets and covers 143 participants across the Wholesale Trade industry. The sponsor's EIN on file with the U.S. Department of Labor is 592358666, and the plan has been effective since 2017-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $4M at the beginning of 2022 to $4M at year-end — a decline of 3.3%. Net assets (after liabilities) closed the year at $4M, with reported net income of $-148,142 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)$4M
Total Assets (End of Year)$4M
Net Assets (End of Year)$4M
Net Income$-148,142
Plan Type401(k)
Employer EIN592358666
Plan Effective Date2017-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (PALMDALE OIL COMPANY INC.)

Year Plans Participants Total Assets
2022 1 143 $4M
2023 1 166 $6M
2024 1 220 $7M

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Frequently Asked Questions

How much money is in the PALMDALE OIL COMPANY 401K?
As of the 2022 Form 5500 filing, PALMDALE OIL COMPANY 401K holds $4M in total assets with 143 participants. It is sponsored by PALMDALE OIL COMPANY INC..
What type of plan is PALMDALE OIL COMPANY 401K?
PALMDALE OIL COMPANY 401K is a 401(k) plan. It has been effective since 2017-01-01. The plan is filed with the U.S. Department of Labor under EIN 592358666.
Who sponsors the PALMDALE OIL COMPANY 401K?
PALMDALE OIL COMPANY 401K is sponsored by PALMDALE OIL COMPANY INC., located in Florida. The sponsor's EIN is 592358666 and the plan operates in the Wholesale Trade industry.
How did PALMDALE OIL COMPANY 401K perform in 2022?
PALMDALE OIL COMPANY 401K declined by 3.3% during 2022, moving from $4M to $4M in total assets. Net income was $-148,142.
Where can I find official filings for PALMDALE OIL COMPANY 401K?
Official Form 5500 filings for PALMDALE OIL COMPANY 401K are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 592358666 or plan name at efast.dol.gov.
How does PALMDALE OIL COMPANY 401K compare to other plans?
You can compare PALMDALE OIL COMPANY 401K against other 401(k) plans on the plan type page, or view plans in Florida on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 592358666.

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.