401(k) · DOL Form 5500 · 2024

Folk Oil Company, Inc. 401(k) Plan

Data updated 2026-08-25

$12M
Total assets Small plan by assets
275
Participants Below avg headcount
60th
Percentile by assets National rank
$44,646
Avg per participant Low balance/head
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Official DOL plan name: Folk Oil Company, Inc. 401(k) Profit Sharing Plan · Sponsored by Folk Oil Company, Inc. · Michigan · Retail Trade

$12M in assets, 275 participants

Folk Oil Company, Inc.'s Folk Oil Company, Inc. 401(k) Profit Sharing Plan reported $12M in total assets and 275 participants in its 2024 DOL Form 5500 filing, ranking in the 60th 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.

  • #5,732 in Retail Trade (8,048 peers)

Coverage in Michigan

Folk Oil Company, Inc. 401(k) Profit Sharing Plan covers 275 participants in Michigan, about 43% of the average Michigan filer (state average ~638 per filing). Assets: $12M.

#5,732
in Retail Trade (8,048 peers)
+21.1%
assets growth YoY

Folk Oil Company, Inc. 401(k) Profit Sharing Plan's mid-pack asset rank among Retail Trade and all filers

Folk Oil Company, Inc. 401(k) Profit Sharing Plan vs every filed plan by assets

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

$12,277,661 Top 40% higher than 60% 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

Folk Oil Company, Inc. 401(k) Profit Sharing 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. Folk Oil Company, Inc. 401(k) Profit Sharing Plan sits mid-pack in the medium band (275 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Folk Oil Company, Inc. 401(k) Profit Sharing Plan end-of-year assets rose from $10M in the plan year 2023 filing to $12M in the plan year 2024 filing.
  • Folk Oil Company, Inc. 401(k) Profit Sharing Plan reported net income fell from $3M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Folk Oil Company, Inc. 401(k) Profit Sharing Plan reported participants fell from 327 in the plan year 2023 filing to 275 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 381966492 · Folk Oil Company, Inc. PY 2024 · 401(k)

Folk Oil Company, Inc. 401(k) Profit Sharing Plan · $12M · 275 · 60th

  • VS-ST $12M
  • BOY 275
  • SCH 60th
  • EBSA 401(k)
  • PART near Silver Springs Bottled Water Co. Employees Savings Trust
  • TYPE ind #5732

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 Retail Trade retirement plans → · Plans in Michigan →

Folk Oil Company, Inc. 401(k) Profit Sharing Plan in the asset neighbourhood

Folk Oil Company, Inc. 401(k) Profit Sharing PlanFolk Oil Company, Inc. 401(k…$12MSilver Springs Bottled Water Co. Employees Savings TrustSilver Springs Bottled Water…$12MAmerican Marketing & Publishing, L.L.C. 401(k) PlanAmerican Marketing & Publish…$12MSmith & Burgess 401(k) Plan$12MCaledonia Haulers, Inc. Profit Sharing PlanCaledonia Haulers, Inc. Prof…$12M
End-of-year total assets ($M) among Folk Oil Company, Inc. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Michigan filing particulars

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$12M
Net Income$2M
Employer EIN381966492
Plan Effective Date1985-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Folk Oil Company, Inc.)

Sponsor-wide plan assets over time

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

Latest sponsor-wide plan assets
$12M 64.31965994875408% vs 2022
2024 filing year
$6M$8M$10M$12M$14M 202220232024 $7.47M $12.3M ▲ +64.4%
Year Plans Participants Total Assets
2022 1 315 $7M
2023 1 327 $10M
2024 1 275 $12M

Nearby 401(k) Plans in Michigan

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

Folk Oil Company, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -100102030 Total assets ($B) Participants Folk Oil Company, Inc. 401(k) Profit Sharing Plan, Total assets ($B): 0.012277661 · Participants: 275Folk Oil Company, Inc. 401(k) Profit Sharing PlanGeneral 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
Folk Oil Company, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Folk Oil Company, Inc. 401(k) Profit Sharing Plan side-by-side with 3 peers →

Folk Oil Company, Inc. 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Silver Springs Bottled Water Co. Employees Savings Trust in FL ($12M); by covered participants it is Territorial Savings Bank 401(k) Plan in HI (275 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (275 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 Folk Oil Company, Inc. 401(k) Profit Sharing Plan assets move in 2024? ▼
Folk Oil Company, Inc. 401(k) Profit Sharing Plan grew sharply - up 21.1% during 2024, from $10M to $12M. Reported net income was $2M.
How have Folk Oil Company, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Folk Oil Company, Inc.'s sponsor-wide assets grew 64.3%, from $7M to $12M.
Which 401(k) plans are similar in size to Folk Oil Company, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Silver Springs Bottled Water Co. Employees Savings Trust in FL ($12M, 323 participants).
Which 401(k) plans cover a similar participant headcount to Folk Oil Company, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Territorial Savings Bank 401(k) Plan in HI (275 participants, $43M 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 381966492.

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.