401(k) · DOL Form 5500 · 2024

Quality Oil Company, LLC 401(k) Plan

Data updated 2026-08-25

$70M
Total assets Below avg plan size
1,228
Participants Near avg headcount
88th
Percentile by assets National rank
$57,217
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

$70M in assets, 1,228 participants

Quality Oil Company, LLC's Quality Oil Company 401(k) and Profit Sharing Plan reported $70M in total assets and 1,228 participants in its 2024 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.

  • #5,419 in Wholesale Trade (6,080 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, $70M for 1,228 participants (~$57,217/participant), up 13.6% in 2024.

#5,419
in Wholesale Trade (6,080 peers)
+13.6%
assets growth YoY
0.7×
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 2024 · DOL Form 5500

$70,262,778 Top 12% higher than 88% 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

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

Plan-year 2024 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 (1,228 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Quality Oil Company 401(k) and Profit Sharing Plan end-of-year assets rose from $62M in the plan year 2023 filing to $70M in the plan year 2024 filing.
  • Quality Oil Company 401(k) and Profit Sharing Plan reported net income fell from $9M in the plan year 2023 filing to $8M in the plan year 2024 filing.
  • Quality Oil Company 401(k) and Profit Sharing Plan reported participants rose from 1,183 in the plan year 2023 filing to 1,228 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 560369080 · Quality Oil Company, LLC PY 2024 · 401(k)

Quality Oil Company 401(k) and Profit Sharing Plan · $70M · 1,228 · 88th

  • TYPE $70M
  • TYPE 1,228
  • TYPE 88th
  • TYPE 401(k)
  • TYPE near Klinger Companies, L.L.C. 401(k) Plan
  • TYPE ind #5419

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

Klinger Companies, L.L.C. 401(k) PlanKlinger Companies, L.L.C. 40…$70MSchulte Roth & Zabel LLP Associates Savings PlanSchulte Roth & Zabel LLP Ass…$70MQuality Oil Company 401(k) and Profit Sharing PlanQuality Oil Company 401(k) a…$70MCharles River Analytics Profit Sharing PlanCharles River Analytics Prof…$70MFaurecia USA Holdings, Inc. Union Retirement Savings PlanFaurecia USA Holdings, Inc. …$70M
End-of-year total assets ($M) among Quality Oil Company 401(k) and Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$62M
Net Assets (End of Year)$70M
Net Income$8M
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 -20020406080 Total assets ($B) Participants Quality Oil Company 401(k) and Profit Sharing Plan, Total assets ($B): 0.070262778 · Participants: 1228Quality Oil Company 401(k) and Profit Sharing PlanThe Bank of America 401(k) Plan, Total assets ($B): 62.902405616 · Participants: 168963The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 16.316486587 · Participants: 39468Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 11.269744 · Participants: 27341Duke Energy Retirement Savings PlanNucor Corporation Profit Sharing and Retirement Savings Plan, Total assets ($B): 9.349291649 · Participants: 27070Nucor Corporation Profit Sharing and Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 9.231001739 · Participants: 52699Truist Financial Corporation 401(k) 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 Klinger Companies, L.L.C. 401(k) Plan in IA ($70M); by covered participants it is Tech24 Retirement Plan in SC (1,228 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,228 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 Quality Oil Company 401(k) and Profit Sharing Plan assets move in 2024? ▼
Quality Oil Company 401(k) and Profit Sharing Plan grew at a solid clip - up 13.6% during 2024, from $62M to $70M. Reported net income was $8M.
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 123,622 plans that reported assets for plan year 2024 (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 Klinger Companies, L.L.C. 401(k) Plan in IA ($70M, 453 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 Tech24 Retirement Plan in SC (1,228 participants, $41M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

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.