401(k) · DOL Form 5500 · 2022

Tool North, Inc. 401(k) Plan

Data updated 2026-08-25

$1M
Total assets Small plan by assets
26
Participants Small participant base
29th
Percentile by assets National rank
$56,449
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Tool North, Inc. 401(k) Plan & Trust · Sponsored by Tool North, Inc. · Michigan · Manufacturing

$1M in assets, 26 participants

Tool North, Inc.'s Tool North, Inc. 401(k) Plan & Trust reported $1M in total assets and 26 participants in its 2022 DOL Form 5500 filing, ranking in the 29th 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.

  • #2,948 in Manufacturing (20,602 peers)

Tool North, Inc. multi-year trail

Tool North, Inc.'s plans moved +456.8% in assets from 2022 to 2024; this filing shows Tool North, Inc. 401(k) Plan & Trust at $1M / 26 participants.

#2,948
in Manufacturing (20,602 peers)
-23.2%
assets change YoY

The plan reported a net loss of $442K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Tool North, Inc. 401(k) Plan & Trust among the smaller filed plans by assets

Tool North, Inc. 401(k) Plan & Trust vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$1,467,669 29th percentile higher than 29% of 139,123 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 2022

Tool North, Inc. 401(k) Plan & Trust among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Tool North, Inc. 401(k) Plan & Trust is a small filing (26 participants) on this national headcount ladder.

EBSA filing schedule strip

Filing strip 810877376 · Tool North, Inc. PY 2022 · 401(k)

Tool North, Inc. 401(k) Plan & Trust · $1M · 26 · 29th

  • PHOTO $1M
  • PHOTO 26
  • PHOTO 29th
  • PHOTO 401(k)
  • PHOTO near Buff74 Asset Management Retirement Plan
  • PHOTO ind #2948

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 Manufacturing retirement plans → · Plans in Michigan →

Tool North, Inc. 401(k) Plan & Trust in the asset neighbourhood

Tool North, Inc. 401(k) Plan & TrustTool North, Inc. 401(k) Plan…$1MBuff74 Asset Management Retirement PlanBuff74 Asset Management Reti…$1MValley Day & Night Clinic 401(k) PlanValley Day & Night Clinic 40…$1MSierra Nevada Photographic, Inc. 401(k) PlanSierra Nevada Photographic, …$1MSt. Augustine Cardiology Assoc 401(k) Profit Sharing Plan and TrustSt. Augustine Cardiology Ass…$1M
End-of-year total assets ($M) among Tool North, Inc. 401(k) Plan & Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Tool North, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Tool North, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$8M 456.7508068917447% vs 2022
2024 filing year
$0M$5M$10M 202220232024 $1.47M $8.17M ▲ +455.8%
Year Plans Participants Total Assets
2022 1 26 $1M
2023 2 58 $3M
2024 2 65 $8M

Tool North, Inc. filing trail (2022)

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$1M
Net Income-$442K
Employer EIN810877376
Plan Effective Date1993-04-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Michigan

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

Tool North, Inc. 401(k) Plan & Trust vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -505101520 Total assets ($B) Participants Tool North, Inc. 401(k) Plan & Trust, Total assets ($B): 0.001467669 · Participants: 26Tool North, Inc. 401(k) Plan & TrustGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 18.071817726 · Participants: 43382General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 13.833597622 · Participants: 32974Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 9.307640951 · Participants: 16930The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 7.545889119 · Participants: 40458The 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): 6.44558193 · Participants: 57811Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Tool North, Inc. 401(k) Plan & Trust vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Tool North, Inc. 401(k) Plan & Trust side-by-side with 3 peers →

Tool North, Inc. 401(k) Plan & Trust's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Buff74 Asset Management Retirement Plan in CO ($1M); by covered participants it is Acceletronics, Inc. Employees 401(k) Profit Sharing Plan in PA (26 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (26 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Tool North, Inc. 401(k) Plan & Trust assets move in 2022? ▼
Tool North, Inc. 401(k) Plan & Trust declined sharply - down 23.2% during 2022, from $2M to $1M. Reported net income was -$442K.
How have Tool North, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Tool North, Inc.'s sponsor-wide assets grew 456.8%, from $1M to $8M.
Which 401(k) plans are similar in size to Tool North, Inc. 401(k) Plan & Trust? ▼
Among 401(k) plans in other states, the closest by assets is Buff74 Asset Management Retirement Plan in CO ($1M, 2 participants).
Which 401(k) plans cover a similar participant headcount to Tool North, Inc. 401(k) Plan & Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Acceletronics, Inc. Employees 401(k) Profit Sharing Plan in PA (26 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 810877376.

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.