Money Purchase · DOL Form 5500 · 2024

Kern Oil & Refining Company Money Purchase Plan

Data updated 2026-08-06

$16M
Total assets
187
Participants
66th
Percentile by assets
$87,354
Avg per participant
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Official DOL plan name: Kern Oil & Refining Company Pension Plan · Sponsored by Kern Oil & Refining Company · California · Manufacturing

$16M in assets, 187 participants

Kern Oil & Refining Company's Kern Oil & Refining Company Pension Plan reported $16M in total assets and 187 participants in its 2024 DOL Form 5500 filing, ranking in the 66th 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.

  • 66th percentile by assets (of 116,472 plans)
  • #9,181 in Manufacturing (16,886 peers)

Coverage in California

Kern Oil & Refining Company Pension Plan covers 187 participants in California, about 29% of the average California filer (state average ~637 per filing). Assets: $16M.

$16M
total plan assets (2024 EOY)
187
covered participants
66th
percentile by assets (of 116,472 plans)
$87,354
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Kern Oil & Refining Company Pension Plan reported net income fell from $3M in the plan year 2023 filing to $1M in the plan year 2024 filing.
  • Kern Oil & Refining Company Pension Plan reported participants rose from 167 in the plan year 2023 filing to 187 in the plan year 2024 filing.
  • Kern Oil & Refining Company Pension Plan end-of-year assets rose from $15M in the plan year 2023 filing to $16M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs California filers

In California, the average filing covers about 637 participants across 14,392 plans. Kern Oil & Refining Company Pension Plan reports 187 participants - about 29% of that state average ($16M EOY assets).

California filing particulars

Total Assets (Beginning of Year)$15M
Net Assets (End of Year)$16M
Net Income$1M
Employer EIN330011506
Plan Effective Date1982-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Kern Oil & Refining Company)

$30M$35M$40M$45M 202220232024 $33.6M $42.3M ▲ +25.9%
Total plan assets by year, all Kern Oil & Refining Company plans on file
Year Plans Participants Total Assets
2022 2 331 $34M
2023 2 333 $43M
2024 2 371 $42M

Nearby Money Purchase Plans in California

Peer Money Purchase plans, same state, same plan type, ranked by total assets.

Kern Oil & Refining Company Pension Plan vs. nearby Money Purchase plans in California, assets vs. participants

Kern Oil & Refining Company Pension Plan vs. nearby Money Purchase plans in California, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -20246810 Total assets ($B) Participants Kern Oil & Refining …The Permanente Contr…Kaiser Permanente Su…University of Southe…Directors Guild of A…Scripps Health Retir…
Kern Oil & Refining Company Pension Plan vs. nearby Money Purchase plans in California, assets vs. participants

Similar-Sized Money Purchase Plans Nationally

Money Purchase plans in other states closest to Kern Oil & Refining Company Pension Plan by total assets, not by location.

Frequently Asked Questions

How did Kern Oil & Refining Company Pension Plan assets move in 2024?
Kern Oil & Refining Company Pension Plan grew at a solid clip - up 9.5% during 2024, from $15M to $16M. Reported net income was $1M.
How have Kern Oil & Refining Company plan assets changed over time?
Across 3 plan years on file (2022-2024), Kern Oil & Refining Company's sponsor-wide assets grew 25.9%, from $34M to $42M.
Which Money Purchase plans are similar in size to Kern Oil & Refining Company Pension Plan?
Among Money Purchase plans in other states, the closest by assets is United Dairy Farmers, Inc. Money Purchase in OH ($16M, 684 participants).

Next read for Kern Oil & Refining Company Pension Plan

Filing takeaways

Ways to act on Kern Oil & Refining Company Pension Plan's numbers.

  • By total assets, Kern Oil & Refining Company Pension Plan ranks above the median plan by assets. See the largest plans
  • Compare it side-by-side against 3 similar Money Purchase plans in California. Compare plans
  • Kern Oil & Refining Company's sponsor-wide assets have grown 25.9% since 2022 across 3 plan years on file. More Manufacturing plans