401(k) · DOL Form 5500 · 2023

Petroleum Heat and Power Co., Inc. 401(k) Plan

Data updated 2026-08-11

$316M
Total assets
2,389
Participants
96th
Percentile by assets
$132,292
Avg per participant
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Official DOL plan name: Retirement Savings Plan · Sponsored by Petroleum Heat and Power Co., Inc. · Connecticut · Retail Trade

$316M in assets, 2,389 participants

Petroleum Heat and Power Co., Inc.'s Retirement Savings Plan reported $316M in total assets and 2,389 participants in its 2023 DOL Form 5500 filing, ranking in the 96th 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.

  • 96th percentile by assets (of 127,072 plans)
  • #8,227 in Retail Trade (8,414 peers)

Coverage in Connecticut

Retirement Savings Plan covers 2,389 participants in Connecticut, 3.3x the typical Connecticut plan (state average ~718 per filing). Assets: $316M.

$316M
total plan assets (2023 EOY)
2,389
covered participants
96th
percentile by assets (of 127,072 plans)
$132,292
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Retirement Savings Plan reported net income rose from -$67M in the plan year 2022 filing to $42M in the plan year 2023 filing.
  • Retirement Savings Plan end-of-year assets rose from $274M in the plan year 2022 filing to $316M in the plan year 2023 filing.
  • Retirement Savings Plan reported participants rose from 2,371 in the plan year 2022 filing to 2,389 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Participants vs Connecticut filers

In Connecticut, the average filing covers about 718 participants across 1,906 plans. Retirement Savings Plan reports 2,389 participants - 3.3x that state average ($316M EOY assets).

Connecticut filing particulars

Total Assets (Beginning of Year)$274M
Net Assets (End of Year)$316M
Net Income$42M
Employer EIN061183025
Plan Effective Date2001-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Petroleum Heat and Power Co., Inc.)

$300M$350M$400M$450M 202220232024 $318M $396M ▲ +24.4%
Total plan assets by year, all Petroleum Heat and Power Co., Inc. plans on file
Year Plans Participants Total Assets
2022 2 2,486 $318M
2023 2 2,490 $363M
2024 2 2,428 $396M

Nearby 401(k) Plans in Connecticut

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

Retirement Savings Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants

Retirement Savings Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Retirement Savings P…Rtx Savings PlanCiti Retirement Savi…The Hartford Investm…Xerox Corporation Sa…Eversource 401(k) Plan
Retirement Savings Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Retirement Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Retirement Savings Plan assets move in 2023?
Retirement Savings Plan grew sharply - up 15.5% during 2023, from $274M to $316M. Reported net income was $42M.
How have Petroleum Heat and Power Co., Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Petroleum Heat and Power Co., Inc.'s sponsor-wide assets grew 24.4%, from $318M to $396M.
Where does Retirement Savings Plan rank by assets among Form 5500 filers?
Retirement Savings Plan ranks in the 96th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Shiseido Americas Group Retirement Plan in NY ($316M, 1,723 participants).

Filing takeaways

Ways to act on Retirement Savings Plan's numbers.

  • By total assets, Retirement Savings Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Connecticut. Compare plans
  • Petroleum Heat and Power Co., Inc.'s sponsor-wide assets have grown 24.4% since 2022 across 3 plan years on file. More Retail Trade plans