401(k) · DOL Form 5500 · 2023

Quality Oil Company, LLC 401(k) Plan

Data updated 2026-08-25

$62M
Total assets Below avg plan size
1,183
Participants Near avg headcount
88th
Percentile by assets National rank
$52,290
Avg per participant Low balance/head
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Official DOL plan name: Quality Oil Company 401(k) and Profit Sharing Plan · Sponsored by Quality Oil Company, LLC · North Carolina · Wholesale Trade

$62M in assets, 1,183 participants

Quality Oil Company, LLC's Quality Oil Company 401(k) and Profit Sharing Plan reported $62M in total assets and 1,183 participants in its 2023 DOL Form 5500 filing, ranking in the 88th 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.

  • #5,618 in Wholesale Trade (6,309 peers)

Where Quality Oil Company 401(k) and Profit Sharing Plan sits by assets

Quality Oil Company 401(k) and Profit Sharing Plan sits in the top quartile of all filed plans by assets, $62M for 1,183 participants (~$52,290/participant), up 16.6% in 2023.

#5,618
in Wholesale Trade (6,309 peers)
+16.6%
assets growth YoY
0.6×
vs typical plan assets (national mean)

Quality Oil Company 401(k) and Profit Sharing Plan's outsized position by total assets

Quality Oil Company 401(k) and Profit Sharing Plan vs every filed plan by assets

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

$61,859,193 Top 12% higher than 88% 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

Quality Oil Company 401(k) and Profit Sharing Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Quality Oil Company 401(k) and Profit Sharing Plan lands in the large band (1,183 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Quality Oil Company 401(k) and Profit Sharing Plan reported net income rose from -$7M in the plan year 2022 filing to $9M in the plan year 2023 filing.
  • Quality Oil Company 401(k) and Profit Sharing Plan end-of-year assets rose from $53M in the plan year 2022 filing to $62M in the plan year 2023 filing.
  • Quality Oil Company 401(k) and Profit Sharing Plan reported participants fell from 1,211 in the plan year 2022 filing to 1,183 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 560369080 · Quality Oil Company, LLC PY 2023 · 401(k)

Quality Oil Company 401(k) and Profit Sharing Plan · $62M · 1,183 · 88th

  • EBSA $62M
  • PART 1,183
  • TYPE 88th
  • NET 401(k)
  • BOOK near B1bank Employee Retirement Plan and Trust
  • VS-ST ind #5618

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 Wholesale Trade retirement plans → · Plans in North Carolina →

Quality Oil Company 401(k) and Profit Sharing Plan in the asset neighbourhood

Hendricks Group 401(k) Plan$62MCascade Engineering, Inc. Retirement PlanCascade Engineering, Inc. Re…$62MCsw Industrials, Inc. Employee Savings PlanCsw Industrials, Inc. Employ…$62MQuality Oil Company 401(k) and Profit Sharing PlanQuality Oil Company 401(k) a…$62MB1bank Employee Retirement Plan and TrustB1bank Employee Retirement P…$62M
End-of-year total assets ($M) among Quality Oil Company 401(k) and Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$53M
Net Assets (End of Year)$62M
Net Income$9M
Employer EIN560369080
Plan Effective Date1967-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Quality Oil Company, LLC)

Sponsor-wide plan assets over time

All Quality Oil Company, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$70M 32.49030017388994% vs 2022
2024 filing year
$50M$60M$70M$80M 202220232024 $53M $70.3M ▲ +32.5%
Year Plans Participants Total Assets
2022 1 1,211 $53M
2023 1 1,183 $62M
2024 1 1,228 $70M

Nearby 401(k) Plans in North Carolina

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

Quality Oil Company 401(k) and Profit Sharing Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants Quality Oil Company 401(k) and Profit Sharing Plan, Total assets ($B): 0.061859193 · Participants: 1183Quality Oil Company 401(k) and Profit Sharing PlanThe Bank of America 401(k) Plan, Total assets ($B): 54.848846192 · Participants: 173899The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 15.388124058 · Participants: 40004Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 10.354065 · Participants: 28121Duke Energy Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 10.120701726 · Participants: 55480Truist Financial Corporation 401(k) Savings PlanNucor Corporation Profit Sharing and Retirement Savings Plan, Total assets ($B): 8.510660989 · Participants: 24174Nucor Corporation Profit Sharing and Retirement Savings Plan
Quality Oil Company 401(k) and Profit Sharing Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Quality Oil Company 401(k) and Profit Sharing Plan side-by-side with 3 peers →

Quality Oil Company 401(k) and Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is B1bank Employee Retirement Plan and Trust in LA ($62M); by covered participants it is The Polyclinic a P.C. 401(k) Profit Sharing Plan in MN (1,183 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($62M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,183 participants); 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 Quality Oil Company 401(k) and Profit Sharing Plan assets move in 2023? ▼
Quality Oil Company 401(k) and Profit Sharing Plan grew sharply - up 16.6% during 2023, from $53M to $62M. Reported net income was $9M.
How have Quality Oil Company, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Quality Oil Company, LLC's sponsor-wide assets grew 32.5%, from $53M to $70M.
Where does Quality Oil Company 401(k) and Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Quality Oil Company 401(k) and Profit Sharing Plan ranks in the 88th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Quality Oil Company 401(k) and Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is B1bank Employee Retirement Plan and Trust in LA ($62M, 738 participants).
Which 401(k) plans cover a similar participant headcount to Quality Oil Company 401(k) and Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is The Polyclinic a P.C. 401(k) Profit Sharing Plan in MN (1,183 participants, N/A 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 560369080.

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.