401(k) · DOL Form 5500 · 2024

Xtra Oil Company Profit Sharing Plan

Data updated 2026-05-15

$594K
Total assets
61
Participants
19th
Percentile by assets
$9,745
Avg per participant

Sponsored by Xtra Oil Company · California · Retail Trade

What the 2024 filing shows

Xtra Oil Company Profit Sharing Plan holds $594K for 61 participants - about $9,745 per participant, among the smaller plans by assets on file, down 6.5% over the 2024 plan year.

$594K
total plan assets (2024 EOY)
61
covered participants
19th
percentile by assets (of 116,472 plans)
$9,745
avg assets per participant

The plan reported a net loss of $41K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry
Retail Trade

401(k) · DOL Form 5500 · 2024

What the Filing Says About Xtra Oil Company Profit Sharing Plan

Xtra Oil Company Profit Sharing Plan is a 401(k) retirement plan sponsored by Xtra Oil Company, headquartered in California. According to the U.S. Department of Labor's 2024 Form 5500 filing, the plan reports $594K in total end-of-year assets and covers 61 participants across the Retail Trade industry. The sponsor's EIN on file with the U.S. Department of Labor is 942187649, and the plan has been effective since 1974-06-30. Its filing status is currently FILING RECEIVED.

Year over year, total assets pulled back noticeably from $636K at the beginning of 2024 to $594K at year-end - down 6.5%. Net assets (after liabilities) closed the year at $568K, with reported net income of -$41K driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Across the 3 plan years Xtra Oil Company has on file with PlainRetire (2022-2024), sponsor-wide plan assets have moved from $637K to $594K, a decline of 6.7%, while reported participants moved from 64 to 61 (-4.7%). The strongest year on file by total sponsor assets was 2022 at $637K; the softest was 2024 at $594K. Year-by-year, sponsor-wide filings show: 2022 - $637K in assets across 1 plan covering 64 participants; 2023 - $636K in assets across 1 plan covering 64 participants; 2024 - $594K in assets across 1 plan covering 61 participants.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows, a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

How the percentile is calculated: we count every plan that filed a 2024 Form 5500 with a reported end-of-year asset figure (116,472 plans), rank Xtra Oil Company Profit Sharing Plan against all of them by total assets, and report the share of those plans it outranks. A plan reporting no asset figure for the year is excluded from the ranking rather than assumed to be zero.

Financial Summary (2024)

Total Assets (Beginning of Year)$636K
Total Assets (End of Year)$594K
Net Assets (End of Year)$568K
Net Income-$41K
Plan Type401(k)
Employer EIN942187649
Plan Effective Date1974-06-30
Filing StatusFILING RECEIVED

Sponsor Plan History (Xtra Oil Company)

Year Plans Participants Total Assets
2022 1 64 $637K
2023 1 64 $636K
2024 1 61 $594K

Nearby 401(k) Plans in California

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

Frequently Asked Questions

How much money is in the Xtra Oil Company Profit Sharing Plan?
As of the 2024 Form 5500 filing, Xtra Oil Company Profit Sharing Plan holds $594K in total assets with 61 participants. It is sponsored by Xtra Oil Company.
What type of plan is Xtra Oil Company Profit Sharing Plan?
Xtra Oil Company Profit Sharing Plan is a 401(k) plan. It has been effective since 1974-06-30. The plan is filed with the U.S. Department of Labor under EIN 942187649.
Who sponsors the Xtra Oil Company Profit Sharing Plan?
Xtra Oil Company Profit Sharing Plan is sponsored by Xtra Oil Company, located in California. The sponsor's EIN is 942187649 and the plan operates in the Retail Trade industry.
How did Xtra Oil Company Profit Sharing Plan perform in 2024?
Xtra Oil Company Profit Sharing Plan pulled back noticeably - down 6.5% during 2024, moving from $636K to $594K in total assets. Net income was -$41K.

What this filing means

Ways to act on Xtra Oil Company Profit Sharing Plan's numbers.

  • By total assets, Xtra Oil Company Profit Sharing Plan ranks among the smaller plans by assets on file. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in California. Compare plans
  • Xtra Oil Company's sponsor-wide assets have declined 6.7% since 2022 across 3 plan years on file. More Retail Trade plans
  • A 401(k) plan works differently from other retirement plan types, understand the structural differences before comparing. Compare plan types

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 942187649.

Reference: IRS Publication 560, Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B, Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.

Every figure on PlainRetire is rendered directly from the Department of Labor's Form 5500 annual return filings, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-05-15.