Profit Sharing · DOL Form 5500 · 2023

New Era Oil, Inc. Profit Sharing Plan

Data updated 2026-08-25

$159K
Total assets Small plan by assets
1
Participants Small participant base
9th
Percentile by assets National rank
$159,396
Avg per participant Above avg balance/head
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Official DOL plan name: New Era Oil, Inc. Retirement Plan · Sponsored by New Era Oil, Inc. · Michigan · Other Services

$159K in assets, 1 participants

New Era Oil, Inc.'s New Era Oil, Inc. Retirement Plan reported $159K in total assets and 1 participant in its 2023 DOL Form 5500 filing, ranking in the 9th 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.

  • #1,531 in Other Services (7,857 peers)

New Era Oil, Inc. multi-year trail

New Era Oil, Inc.'s plans moved +11.3% in assets from 2022 to 2024; this filing shows New Era Oil, Inc. Retirement Plan at $159K / 1 participant.

#1,531
in Other Services (7,857 peers)
+19.0%
assets growth YoY

New Era Oil, Inc. Retirement Plan among the smaller filed plans by assets

New Era Oil, Inc. Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$159,396 9th percentile higher than 9% of 127,068 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 2023

New Era Oil, Inc. Retirement Plan among micro filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. New Era Oil, Inc. Retirement Plan is a micro filing (1 participant), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • New Era Oil, Inc. Retirement Plan reported net income fell from $134K in the plan year 2022 filing to $25K in the plan year 2023 filing.
  • New Era Oil, Inc. Retirement Plan end-of-year assets rose from $134K in the plan year 2022 filing to $159K in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 881538844 · New Era Oil, Inc. PY 2023 · Profit Sharing

New Era Oil, Inc. Retirement Plan · $159K · 1 · 9th

  • VS-ST $159K
  • BOY 1
  • SCH 9th
  • EBSA Profit Sharing
  • PART near Greenfit Ventures Inc. Retirement Plan
  • TYPE ind #1531

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 Other Services retirement plans → · Plans in Michigan →

New Era Oil, Inc. Retirement Plan in the asset neighbourhood

New Era Oil, Inc. Retirement PlanNew Era Oil, Inc. Retirement…$159KGreenfit Ventures Inc. Retirement PlanGreenfit Ventures Inc. Retir…$159KHanley-Zurita Enterprises, Inc. Retirement PlanHanley-Zurita Enterprises, I…$159KOuellette Plumbing & Heating Profit Sharing PlanOuellette Plumbing & Heating…$159KMca Limited Inc. Profit Sharing PlanMca Limited Inc. Profit Shar…$159K
End-of-year total assets ($M) among New Era Oil, Inc. Retirement Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

New Era Oil, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All New Era Oil, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$149K 11.339159769231344% vs 2022
2024 filing year
$0.12M$0.13M$0.14M$0.15M$0.16M$0.17M 202220232024 $0.13M $0.15M ▲ +15.4%
Year Plans Participants Total Assets
2022 1 1 $134K
2023 1 1 $159K
2024 1 1 $149K

New Era Oil, Inc. filing trail (2023)

Total Assets (Beginning of Year)$134K
Net Assets (End of Year)$159K
Net Income$25K
Employer EIN881538844
Plan Effective Date2022-04-15
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Michigan

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

New Era Oil, Inc. Retirement Plan vs. nearby Profit Sharing plans in Michigan, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -0.500.511.52 Total assets ($B) Participants New Era Oil, Inc. Retirement Plan, Total assets ($B): 0.000159396 · Participants: 1New Era Oil, Inc. Retirement PlanHenry Ford Health System Retirement Savings Plan, Total assets ($B): 1.723538402 · Participants: 14349Henry Ford Health System Retirement Savings PlanConstruction Industry Retirement Fund of Rockford, Total assets ($B): 0.564072893 · Participants: 10685Construction Industry Retirement Fund of RockfordOhio Carpenters' Annuity Plan, Total assets ($B): 0.409857897 · Participants: 9314Ohio Carpenters' Annuity PlanHemlock Semiconductor Operations LLC Employees' Capital Accumulation Plan, Total assets ($B): 0.288437417 · Participants: 1404Hemlock Semiconductor Operations LLC Employees' Capital Accumulation PlanNECA-IBEW Memphis Retirement Plan, Total assets ($B): 0.213370381 · Participants: 2389NECA-IBEW Memphis Retirement Plan
New Era Oil, Inc. Retirement Plan vs. nearby Profit Sharing plans in Michigan, assets vs. participants
Compare New Era Oil, Inc. Retirement Plan side-by-side with 3 peers →

New Era Oil, Inc. Retirement Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Michigan, the nearest Profit Sharing by assets is Greenfit Ventures Inc. Retirement Plan in FL ($159K); by covered participants it is Luke Krumnow, Inc. Employees Profit Sharing Plan in TX (1 participant). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1 participant); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did New Era Oil, Inc. Retirement Plan assets move in 2023? ▼
New Era Oil, Inc. Retirement Plan grew sharply - up 19.0% during 2023, from $134K to $159K. Reported net income was $25K.
How have New Era Oil, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), New Era Oil, Inc.'s sponsor-wide assets grew 11.3%, from $134K to $149K.
Where does New Era Oil, Inc. Retirement Plan rank by assets among Form 5500 filers? ▼
New Era Oil, Inc. Retirement Plan ranks in the 9th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the smaller plans by assets on file).
Which Profit Sharing plans are similar in size to New Era Oil, Inc. Retirement Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Greenfit Ventures Inc. Retirement Plan in FL ($159K, 1 participant).
Which Profit Sharing plans cover a similar participant headcount to New Era Oil, Inc. Retirement Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Luke Krumnow, Inc. Employees Profit Sharing Plan in TX (1 participant, $418K in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 881538844.

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.