401(k) · DOL Form 5500 · 2023

G & B Oil Company, Inc. 401(k) Plan

Data updated 2026-08-25

$16M
Total assets Small plan by assets
126
Participants Small participant base
69th
Percentile by assets National rank
$127,588
Avg per participant Near avg balance/head
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Official DOL plan name: G&b Oil Company, Inc. 401(k) Profit Sharing Plan · Sponsored by G & B Oil Company, Inc. · North Carolina · Retail Trade

$16M in assets, 126 participants

G & B Oil Company, Inc.'s G&b Oil Company, Inc. 401(k) Profit Sharing Plan reported $16M in total assets and 126 participants in its 2023 DOL Form 5500 filing, ranking in the 69th 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.

  • #6,670 in Retail Trade (8,414 peers)

Coverage in North Carolina

G&b Oil Company, Inc. 401(k) Profit Sharing Plan covers 126 participants in North Carolina, about 15% of the average North Carolina filer (state average ~819 per filing). Assets: $16M.

#6,670
in Retail Trade (8,414 peers)
+14.7%
assets growth YoY

G&b Oil Company, Inc. 401(k) Profit Sharing Plan's outsized position by total assets

G&b Oil Company, Inc. 401(k) Profit Sharing Plan vs every filed plan by assets

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

$16,076,100 Top 31% higher than 69% 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

G&b Oil Company, Inc. 401(k) Profit Sharing 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. G&b Oil Company, Inc. 401(k) Profit Sharing Plan sits mid-pack in the medium band (126 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • G&b Oil Company, Inc. 401(k) Profit Sharing Plan reported net income rose from -$3M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • G&b Oil Company, Inc. 401(k) Profit Sharing Plan end-of-year assets rose from $14M in the plan year 2022 filing to $16M in the plan year 2023 filing.
  • G&b Oil Company, Inc. 401(k) Profit Sharing Plan reported participants rose from 119 in the plan year 2022 filing to 126 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 560792075 · G & B Oil Company, Inc. PY 2023 · 401(k)

G&b Oil Company, Inc. 401(k) Profit Sharing Plan · $16M · 126 · 69th

  • ASSETS $16M
  • PCT 126
  • EIN 69th
  • RANK 401(k)
  • PHOTO near Ink Systems, Inc. 401(k) Retirement Plan
  • IND ind #6670

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 Retail Trade retirement plans → · Plans in North Carolina →

G&b Oil Company, Inc. 401(k) Profit Sharing Plan in the asset neighbourhood

G&b Oil Company, Inc. 401(k) Profit Sharing PlanG&b Oil Company, Inc. 401(k)…$16MInk Systems, Inc. 401(k) Retirement PlanInk Systems, Inc. 401(k) Ret…$16MWolverine Building Group, Inc. Savings and Retirement PlanWolverine Building Group, In…$16MMorrell LLC 401(k) Retirement PlanMorrell LLC 401(k) Retiremen…$16MCotton Holdings, Inc. 401(k) PlanCotton Holdings, Inc. 401(k)…$16M
End-of-year total assets ($M) among G&b Oil Company, Inc. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

North Carolina filing particulars

Total Assets (Beginning of Year)$14M
Net Assets (End of Year)$16M
Net Income$2M
Employer EIN560792075
Plan Effective Date1989-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (G & B Oil Company, Inc.)

Sponsor-wide plan assets over time

All G & B Oil Company, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$18M 27.84700866954774% vs 2022
2024 filing year
$12M$14M$16M$18M$20M 202220232024 $14M $17.9M ▲ +27.8%
Year Plans Participants Total Assets
2022 1 119 $14M
2023 1 126 $16M
2024 1 129 $18M

Nearby 401(k) Plans in North Carolina

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

G&b Oil Company, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants G&b Oil Company, Inc. 401(k) Profit Sharing Plan, Total assets ($B): 0.0160761 · Participants: 126G&b Oil Company, Inc. 401(k) 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
G&b Oil Company, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare G&b Oil Company, Inc. 401(k) Profit Sharing Plan side-by-side with 3 peers →

G&b Oil Company, Inc. 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Ink Systems, Inc. 401(k) Retirement Plan in CA ($16M); by covered participants it is Land Clearing Specialist Inc 401(k) Profit Sharing Plan & Trust in PA (126 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($16M here).

Similar participant headcount

Nearest other-state filings by covered participants (126 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 G&b Oil Company, Inc. 401(k) Profit Sharing Plan assets move in 2023? ▼
G&b Oil Company, Inc. 401(k) Profit Sharing Plan grew at a solid clip - up 14.7% during 2023, from $14M to $16M. Reported net income was $2M.
How have G & B Oil Company, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), G & B Oil Company, Inc.'s sponsor-wide assets grew 27.8%, from $14M to $18M.
Which 401(k) plans are similar in size to G&b Oil Company, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Ink Systems, Inc. 401(k) Retirement Plan in CA ($16M, 118 participants).
Which 401(k) plans cover a similar participant headcount to G&b Oil Company, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Land Clearing Specialist Inc 401(k) Profit Sharing Plan & Trust in PA (126 participants, $4M 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 560792075.

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.