Profit Sharing · DOL Form 5500 · 2023
First Reserve Corporation, LLC Profit Sharing Plan
Data updated 2026-08-11
- $51M
- Total assets
- 48
- Participants
- 86th
- Percentile by assets
- $1.1M
- Avg per participant
Official DOL plan name: First Reserve Savings Plan · Sponsored by First Reserve Corporation, LLC · Connecticut · Finance & Insurance
$51M in assets, 48 participants
First Reserve Corporation, LLC's First Reserve Savings Plan reported $51M in total assets and 48 participants in its 2023 DOL Form 5500 filing, ranking in the 86th 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.
- 86th percentile by assets (of 127,072 plans)
- #6,926 in Finance & Insurance (8,869 peers)
Where First Reserve Savings Plan sits by assets
First Reserve Savings Plan sits in the top quartile of all filed plans by assets, $51M for 48 participants (~$1.1M/participant), up 11.2% in 2023.
- $51M
- total plan assets (2023 EOY)
- 48
- covered participants
- 86th
- percentile by assets (of 127,072 plans)
- $1.1M
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- First Reserve Savings Plan reported net income rose from -$14M in the plan year 2022 filing to $5M in the plan year 2023 filing.
- First Reserve Savings Plan end-of-year assets rose from $46M in the plan year 2022 filing to $51M in the plan year 2023 filing.
First Reserve Savings Plan vs the 2023 asset distribution
By assets, First Reserve Savings Plan outranks 86% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 0.5x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $46M |
|---|---|
| Net Assets (End of Year) | $51M |
| Net Income | $5M |
| Employer EIN | 800547662 |
| Plan Effective Date | 1987-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (First Reserve Corporation, LLC)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 48 | $46M |
| 2023 | 1 | 48 | $51M |
| 2024 | 1 | 45 | $57M |
Nearby Profit Sharing Plans in Connecticut
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
First Reserve Savings Plan vs. nearby Profit Sharing plans in Connecticut, assets vs. participants
- North Atlantic States Carpenters Annuity Plan $1.3B · 11,025
- Connecticut Children's Retirement Savings Plan $467M · 3,094
- The Lee Company Profit Sharing Plan $449M · 989
- Connecticut Pipetrades Local No. 777 Annuity Plan $246M · 2,559
- Connecticut Laborers' Annuity Plan $245M · 3,065
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to First Reserve Savings Plan by total assets, not by location.
- Hp Inc. Puerto Rico Tax Savings Capital Accumulation Plan (TX) $51M · 33
- Hydraflow Profit Sharing Plan (CA) $51M · 202
- Cc1 Limited Partnership Retirement & Savings Plan Partnership Retirement & Savings Plan (PR) $51M · 1,870
- Beloit Health System Matching & Employer Contribution Plan (WI) $51M · 1,502
Frequently Asked Questions
How did First Reserve Savings Plan assets move in 2023? ▼
How have First Reserve Corporation, LLC plan assets changed over time? ▼
Where does First Reserve Savings Plan rank by assets among Form 5500 filers? ▼
Which Profit Sharing plans are similar in size to First Reserve Savings Plan? ▼
Next read for First Reserve Savings Plan
Scale reading
Ways to act on First Reserve Savings Plan's numbers.
- By total assets, First Reserve Savings Plan ranks in the top quartile of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing plans in Connecticut. Compare plans
- First Reserve Corporation, LLC's sponsor-wide assets have grown 23.1% since 2022 across 3 plan years on file. More Finance & Insurance plans