401(k) · DOL Form 5500 · 2024

Major Brands Oil Company, Inc. 401(k) Plan

Data updated 2026-08-25

$5M
Total assets Small plan by assets
218
Participants Below avg headcount
43rd
Percentile by assets National rank
$24,525
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Major Brands Oil Company, Inc. 401(k) Salary Reduction Plan & Trust · Sponsored by Major Brands Oil Company, Inc. · Michigan · Other Services

$5M in assets, 218 participants

Major Brands Oil Company, Inc.'s Major Brands Oil Company, Inc. 401(k) Salary Reduction Plan & Trust reported $5M in total assets and 218 participants in its 2024 DOL Form 5500 filing, ranking in the 43rd 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.

  • #5,024 in Other Services (7,719 peers)

Coverage in Michigan

Major Brands Oil Company, Inc. 401(k) Salary Reduction Plan & Trust covers 218 participants in Michigan, about 34% of the average Michigan filer (state average ~638 per filing). Assets: $5M.

#5,024
in Other Services (7,719 peers)
+21.8%
assets growth YoY

Major Brands Oil Company, Inc. 401(k) Salary Reduction Plan & Trust's mid-pack asset rank among Other Services and all filers

Major Brands Oil Company, Inc. 401(k) Salary Reduction Plan & Trust vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$5,346,532 43rd percentile higher than 43% 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

Major Brands Oil Company, Inc. 401(k) Salary Reduction Plan & Trust 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. Major Brands Oil Company, Inc. 401(k) Salary Reduction Plan & Trust sits mid-pack in the medium band (218 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Major Brands Oil Company, Inc. 401(k) Salary Reduction Plan & Trust end-of-year assets rose from $4M in the plan year 2023 filing to $5M in the plan year 2024 filing.
  • Major Brands Oil Company, Inc. 401(k) Salary Reduction Plan & Trust reported participants rose from 188 in the plan year 2023 filing to 218 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 382384152 · Major Brands Oil Company, Inc. PY 2024 · 401(k)

Major Brands Oil Company, Inc. 401(k) Salary Reduction Plan & Trust · $5M · 218 · 43rd

  • SCH $5M
  • EBSA 218
  • PART 43rd
  • TYPE 401(k)
  • NET near Wildflower International, Ltd. 401(k) Plan
  • BOOK ind #5024

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 Other Services retirement plans → · Plans in Michigan →

Major Brands Oil Company, Inc. 401(k) Salary Reduction Plan & Trust in the asset neighbourhood

Major Brands Oil Company, Inc. 401(k) Salary Reduction Plan & TrustMajor Brands Oil Company, In…$5MWildflower International, Ltd. 401(k) PlanWildflower International, Lt…$5MJohn E. Koerner & Company, Inc. Profit Sharing PlanJohn E. Koerner & Company, I…$5MEast Hardwood 401(k) Profit Sharing PlanEast Hardwood 401(k) Profit …$5MApex Heritage Group, LLC 401(k) Profit Sharing Plan & TrustApex Heritage Group, LLC 401…$5M
End-of-year total assets ($M) among Major Brands Oil Company, Inc. 401(k) Salary Reduction Plan & Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Michigan filing particulars

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$5M
Net Income$956K
Employer EIN382384152
Plan Effective Date1999-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Major Brands Oil Company, Inc.)

Sponsor-wide plan assets over time

All Major Brands Oil Company, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$5M 56.56426871322013% vs 2022
2024 filing year
$3M$4M$5M$6M 202220232024 $3.41M $5.35M ▲ +56.9%
Year Plans Participants Total Assets
2022 1 156 $3M
2023 1 188 $4M
2024 1 218 $5M

Nearby 401(k) Plans in Michigan

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

Major Brands Oil Company, Inc. 401(k) Salary Reduction Plan & Trust vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -100102030 Total assets ($B) Participants Major Brands Oil Company, Inc. 401(k) Salary Reduction Plan & Trust, Total assets ($B): 0.005346532 · Participants: 218Major Brands Oil Company, Inc. 401(k) Salary Reduction Plan & TrustGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 23.0591668 · Participants: 43053General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 17.26893589 · Participants: 31790Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 10.768606712 · Participants: 17128The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 9.568379082 · Participants: 42513The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 8.2932975 · Participants: 60497Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Major Brands Oil Company, Inc. 401(k) Salary Reduction Plan & Trust vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Major Brands Oil Company, Inc. 401(k) Salary Reduction Plan & Trust side-by-side with 3 peers →

Major Brands Oil Company, Inc. 401(k) Salary Reduction Plan & Trust's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Wildflower International, Ltd. 401(k) Plan in NM ($5M); by covered participants it is Crisis Text Line 403(b) Tax Sheltered Annuity in NY (218 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (218 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 Major Brands Oil Company, Inc. 401(k) Salary Reduction Plan & Trust assets move in 2024? ▼
Major Brands Oil Company, Inc. 401(k) Salary Reduction Plan & Trust grew sharply - up 21.8% during 2024, from $4M to $5M. Reported net income was $956K.
How have Major Brands Oil Company, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Major Brands Oil Company, Inc.'s sponsor-wide assets grew 56.6%, from $3M to $5M.
Which 401(k) plans are similar in size to Major Brands Oil Company, Inc. 401(k) Salary Reduction Plan & Trust? ▼
Among 401(k) plans in other states, the closest by assets is Wildflower International, Ltd. 401(k) Plan in NM ($5M, 96 participants).
Which 401(k) plans cover a similar participant headcount to Major Brands Oil Company, Inc. 401(k) Salary Reduction Plan & Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Crisis Text Line 403(b) Tax Sheltered Annuity in NY (218 participants, $9M 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 382384152.

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.