401(k) · DOL Form 5500 · 2024

M.G. Oil Company 401(k) Plan

Data updated 2026-08-25

$13M
Total assets Small plan by assets
558
Participants Below avg headcount
61st
Percentile by assets National rank
$22,827
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

$13M in assets, 558 participants

M.G. Oil Company's M.G. Oil Company 401(k) Plan reported $13M in total assets and 558 participants in its 2024 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.

  • #3,237 in Wholesale Trade (6,080 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 $13M / 558 participants.

#3,237
in Wholesale Trade (6,080 peers)
+16.1%
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 2024 · DOL Form 5500

$12,737,426 Top 39% higher than 61% of 123,620 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 2024

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

Plan-year 2024 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 (558 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • M.G. Oil Company 401(k) Plan reported net income fell from $2M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • M.G. Oil Company 401(k) Plan end-of-year assets rose from $11M in the plan year 2023 filing to $13M in the plan year 2024 filing.
  • M.G. Oil Company 401(k) Plan reported participants fell from 580 in the plan year 2023 filing to 558 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 460344091 · M.G. Oil Company PY 2024 · 401(k)

M.G. Oil Company 401(k) Plan · $13M · 558 · 61st

  • ASSETS $13M
  • ASSETS 558
  • ASSETS 61st
  • ASSETS 401(k)
  • ASSETS near Fenton & Keller Profit Sharing Plan
  • ASSETS ind #3237

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$13MFenton & Keller Profit Sharing PlanFenton & Keller Profit Shari…$13MVisionary Communications, Inc. 401(k) PlanVisionary Communications, In…$13MChurch Health Center Employee Retirement PlanChurch Health Center Employe…$13MGolden Valley Supply 401(k) and Profit Sharing PlanGolden Valley Supply 401(k) …$13M
End-of-year total assets ($M) among M.G. Oil Company 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

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 (2024)

Total Assets (Beginning of Year)$11M
Net Assets (End of Year)$13M
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 -20002004006008001000 Total assets ($M) Participants M.G. Oil Company 401(k) Plan, Total assets ($M): 12.737426 · Participants: 558M.G. Oil Company 401(k) PlanBlack Hills Corporation 401(k) Retirement Savings Plan, Total assets ($M): 811.221285 · Participants: 2881Black Hills Corporation 401(k) Retirement Savings PlanGood Samaritan Society 401(k) Plan, Total assets ($M): 278.292791 · Participants: 12199Good Samaritan Society 401(k) PlanPoet 401(k) Plan, Total assets ($M): 265.689062 · Participants: 2380Poet 401(k) PlanDaktronics, Inc. 401(k) Plan, Total assets ($M): 262.560689 · Participants: 2369Daktronics, Inc. 401(k) PlanPremier 401(k) Plan, Total assets ($M): 240.594371 · Participants: 1821Premier 401(k) Plan
M.G. Oil Company 401(k) Plan vs. nearby 401(k) plans in South Dakota, assets vs. participants

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 Fenton & Keller Profit Sharing Plan in CA ($13M); by covered participants it is Niantic, Inc. 401(k) Plan in CA (558 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (558 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. 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 2024?
M.G. Oil Company 401(k) Plan grew sharply - up 16.1% during 2024, from $11M to $13M. 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 Fenton & Keller Profit Sharing Plan in CA ($13M, 51 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 Niantic, Inc. 401(k) Plan in CA (558 participants, $94M in assets).