401(k) · DOL Form 5500 · 2022

G & B Oil Company, Inc. 401(k) Plan

Data updated 2026-08-25

$14M
Total assets Small plan by assets
119
Participants Small participant base
71st
Percentile by assets National rank
$117,753
Avg per participant Below avg balance/head
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Official DOL plan name: G&b Oil Company, Inc. 401(k) Profit Sharing Plan · Sponsored by G & B Oil Company, Inc. · North Carolina · Retail Trade

$14M in assets, 119 participants

G & B Oil Company, Inc.'s G&b Oil Company, Inc. 401(k) Profit Sharing Plan reported $14M in total assets and 119 participants in its 2022 DOL Form 5500 filing, ranking in the 71st 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.

  • #7,789 in Retail Trade (9,519 peers)

Coverage in North Carolina

G&b Oil Company, Inc. 401(k) Profit Sharing Plan covers 119 participants in North Carolina, about 15% of the average North Carolina filer (state average ~819 per filing). Assets: $14M.

#7,789
in Retail Trade (9,519 peers)
-15.5%
assets change YoY

The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

G&b Oil Company, Inc. 401(k) Profit Sharing Plan's outsized position by total assets

G&b Oil Company, Inc. 401(k) Profit Sharing Plan vs every filed plan by assets

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

$14,012,611 Top 29% higher than 71% 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

G&b Oil Company, Inc. 401(k) Profit Sharing Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. G&b Oil Company, Inc. 401(k) Profit Sharing Plan sits mid-pack in the medium band (119 participants).

EBSA filing schedule strip

Filing strip 560792075 · G & B Oil Company, Inc. PY 2022 · 401(k)

G&b Oil Company, Inc. 401(k) Profit Sharing Plan · $14M · 119 · 71st

  • ASSETS $14M
  • PCT 119
  • EIN 71st
  • RANK 401(k)
  • PHOTO near National Oak Distributors, Inc. 401(k) Plan
  • IND ind #7789

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 North Carolina →

G&b Oil Company, Inc. 401(k) Profit Sharing Plan in the asset neighbourhood

G&b Oil Company, Inc. 401(k) Profit Sharing PlanG&b Oil Company, Inc. 401(k)…$14MNational Oak Distributors, Inc. 401(k) PlanNational Oak Distributors, I…$14MSouth Carolina Legal Services 401(k) Profit Sharing PlanSouth Carolina Legal Service…$14MVancrest Health Care Center 401(k) PlanVancrest Health Care Center …$14MMarsh Saldana, Inc. Salary Savings PlanMarsh Saldana, Inc. Salary S…$14M
End-of-year total assets ($M) among G&b Oil Company, Inc. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

North Carolina filing particulars

Total Assets (Beginning of Year)$17M
Net Assets (End of Year)$14M
Net Income-$3M
Employer EIN560792075
Plan Effective Date1989-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (G & B Oil Company, Inc.)

Sponsor-wide plan assets over time

All G & B Oil Company, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$18M 27.84700866954774% vs 2022
2024 filing year
$12M$14M$16M$18M$20M 202220232024 $14M $17.9M ▲ +27.8%
Year Plans Participants Total Assets
2022 1 119 $14M
2023 1 126 $16M
2024 1 129 $18M

Nearby 401(k) Plans in North Carolina

Peer 401(k) plans, same state, same plan type, ranked by total assets.

G&b Oil Company, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -200204060 Total assets ($B) Participants G&b Oil Company, Inc. 401(k) Profit Sharing Plan, Total assets ($B): 0.014012611 · Participants: 119G&b Oil Company, Inc. 401(k) Profit Sharing PlanThe Bank of America 401(k) Plan, Total assets ($B): 47.134026012 · Participants: 169036The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 14.565715066 · Participants: 39007Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 9.364902 · Participants: 27731Duke Energy Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 8.965353965 · Participants: 51871Truist Financial Corporation 401(k) Savings PlanLowes 401(k) Plan, Total assets ($B): 7.355936526 · Participants: 284864Lowes 401(k) Plan
G&b Oil Company, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare G&b Oil Company, Inc. 401(k) Profit Sharing Plan side-by-side with 3 peers →

G&b Oil Company, Inc. 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is National Oak Distributors, Inc. 401(k) Plan in FL ($14M); by covered participants it is Apreva Hospice 401(k) Plan in CA (119 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (119 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 G&b Oil Company, Inc. 401(k) Profit Sharing Plan assets move in 2022? ▼
G&b Oil Company, Inc. 401(k) Profit Sharing Plan declined sharply - down 15.5% during 2022, from $17M to $14M. Reported net income was -$3M.
How have G & B Oil Company, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), G & B Oil Company, Inc.'s sponsor-wide assets grew 27.8%, from $14M to $18M.
Which 401(k) plans are similar in size to G&b Oil Company, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is National Oak Distributors, Inc. 401(k) Plan in FL ($14M, 425 participants).
Which 401(k) plans cover a similar participant headcount to G&b Oil Company, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Apreva Hospice 401(k) Plan in CA (119 participants, N/A 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 560792075.

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.