401(k) · DOL Form 5500 · 2023

M.G. Oil Company 401(k) Plan

Data updated 2026-08-25

$11M
Total assets Small plan by assets
580
Participants Below avg headcount
61st
Percentile by assets National rank
$18,912
Avg per participant Low balance/head
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Official DOL plan name: M.G. Oil Company 401(k) Plan · Sponsored by M.G. Oil Company · South Dakota · Wholesale Trade

$11M in assets, 580 participants

M.G. Oil Company's M.G. Oil Company 401(k) Plan reported $11M in total assets and 580 participants in its 2023 DOL Form 5500 filing, ranking in the 61st 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.

  • #3,350 in Wholesale Trade (6,309 peers)

M.G. Oil Company multi-year trail

M.G. Oil Company's plans moved +45.6% in assets from 2022 to 2024; this filing shows M.G. Oil Company 401(k) Plan at $11M / 580 participants.

#3,350
in Wholesale Trade (6,309 peers)
+25.4%
assets growth YoY

M.G. Oil Company 401(k) Plan's mid-pack asset rank among Wholesale Trade and all filers

M.G. Oil Company 401(k) Plan vs every filed plan by assets

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

$10,968,716 Top 39% higher than 61% 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

M.G. Oil Company 401(k) Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. M.G. Oil Company 401(k) Plan sits mid-pack in the medium band (580 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • M.G. Oil Company 401(k) Plan reported net income rose from -$1M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • M.G. Oil Company 401(k) Plan reported participants rose from 451 in the plan year 2022 filing to 580 in the plan year 2023 filing.
  • M.G. Oil Company 401(k) Plan end-of-year assets rose from $9M in the plan year 2022 filing to $11M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 460344091 · M.G. Oil Company PY 2023 · 401(k)

M.G. Oil Company 401(k) Plan · $11M · 580 · 61st

  • PHOTO $11M
  • PHOTO 580
  • PHOTO 61st
  • PHOTO 401(k)
  • PHOTO near Alexander Wang LLC, 401(k) Plan
  • PHOTO ind #3350

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 South Dakota →

M.G. Oil Company 401(k) Plan in the asset neighbourhood

M.G. Oil Company 401(k) Plan$11MAlexander Wang LLC, 401(k) PlanAlexander Wang LLC, 401(k) P…$11MBactolac Pharmaceutical 401(k) PlanBactolac Pharmaceutical 401(…$11MLsu Healthcare Network Retirement PlanLsu Healthcare Network Retir…$11MCwr Industries, Inc. 401(k) PlanCwr Industries, Inc. 401(k) …$11M
End-of-year total assets ($M) among M.G. Oil Company 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

M.G. Oil Company multi-year asset trail

Sponsor-wide plan assets over time

All M.G. Oil Company plans reported in each filing year

Latest sponsor-wide plan assets
$13M 45.624538829129605% vs 2022
2024 filing year
$8M$10M$12M$14M 202220232024 $8.75M $12.7M ▲ +45.6%
Year Plans Participants Total Assets
2022 1 451 $9M
2023 1 580 $11M
2024 1 558 $13M

M.G. Oil Company filing trail (2023)

Total Assets (Beginning of Year)$9M
Net Assets (End of Year)$11M
Net Income$2M
Employer EIN460344091
Plan Effective Date1996-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in South Dakota

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

M.G. Oil Company 401(k) Plan vs. nearby 401(k) plans in South Dakota, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -2000200400600800 Total assets ($M) Participants M.G. Oil Company 401(k) Plan, Total assets ($M): 10.968716 · Participants: 580M.G. Oil Company 401(k) PlanBlack Hills Corporation 401(k) Retirement Savings Plan, Total assets ($M): 726.965765 · Participants: 2972Black Hills Corporation 401(k) Retirement Savings PlanGood Samaritan Society 401(k) Plan, Total assets ($M): 254.213431 · Participants: 12894Good Samaritan Society 401(k) PlanDaktronics, Inc. 401(k) Plan, Total assets ($M): 235.476974 · Participants: 2254Daktronics, Inc. 401(k) PlanPoet 401(k) Plan, Total assets ($M): 219.059384 · Participants: 2254Poet 401(k) PlanPremier 401(k) Plan, Total assets ($M): 215.996195 · Participants: 1913Premier 401(k) Plan
M.G. Oil Company 401(k) Plan vs. nearby 401(k) plans in South Dakota, assets vs. participants
Compare M.G. Oil Company 401(k) Plan side-by-side with 3 peers →

M.G. Oil Company 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside South Dakota, the nearest 401(k) by assets is Alexander Wang LLC, 401(k) Plan in NY ($11M); by covered participants it is Iem 401(k) Plan in CA (580 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($11M here).

Similar participant headcount

Nearest other-state filings by covered participants (580 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 M.G. Oil Company 401(k) Plan assets move in 2023? ▼
M.G. Oil Company 401(k) Plan grew sharply - up 25.4% during 2023, from $9M to $11M. Reported net income was $2M.
How have M.G. Oil Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), M.G. Oil Company's sponsor-wide assets grew 45.6%, from $9M to $13M.
Which 401(k) plans are similar in size to M.G. Oil Company 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Alexander Wang LLC, 401(k) Plan in NY ($11M, 208 participants).
Which 401(k) plans cover a similar participant headcount to M.G. Oil Company 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Iem 401(k) Plan in CA (580 participants, $34M 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 460344091.

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.