401(k) · DOL Form 5500 · 2022

Congress Tools Company, Inc. 401(k) Plan

Data updated 2026-08-25

$4M
Total assets Small plan by assets
5
Participants Small participant base
44th
Percentile by assets National rank
$721,312
Avg per participant High balance/head
PlainRetire home → About this data

Official DOL plan name: Congress Tools Company, Inc. 401(k) Profit Sharing Plan · Sponsored by Congress Tools Company, Inc. · Connecticut · Wholesale Trade

$4M in assets, 5 participants

Congress Tools Company, Inc.'s Congress Tools Company, Inc. 401(k) Profit Sharing Plan reported $4M in total assets and 5 participants in its 2022 DOL Form 5500 filing, ranking in the 44th 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.

  • #2,124 in Wholesale Trade (6,843 peers)

2022 asset change

Congress Tools Company, Inc. 401(k) Profit Sharing Plan pulled back noticeably 13.5% in 2022 ($4M → $4M) for 5 participants.

#2,124
in Wholesale Trade (6,843 peers)
-13.5%
assets change YoY

The plan reported a net loss of $562K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Congress Tools Company, Inc. 401(k) Profit Sharing Plan's mid-pack asset rank among Wholesale Trade and all filers

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

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

$3,606,559 44th percentile higher than 44% 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

Congress Tools Company, Inc. 401(k) Profit Sharing Plan among micro filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Congress Tools Company, Inc. 401(k) Profit Sharing Plan is a micro filing (5 participants), the leftmost band.

Plan-year Form 5500 strip

Filing strip 060805192 · Congress Tools Company, Inc. PY 2022 · 401(k)

Congress Tools Company, Inc. 401(k) Profit Sharing Plan · $4M · 5 · 44th

  • EIN $4M
  • EIN 5
  • EIN 44th
  • EIN 401(k)
  • EIN near Color, Inc. 401(k)Retirement Plan
  • EIN ind #2124

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 Wholesale Trade retirement plans → · Plans in Connecticut →

Congress Tools Company, Inc. 401(k) Profit Sharing Plan in the asset neighbourhood

Congress Tools Company, Inc. 401(k) Profit Sharing PlanCongress Tools Company, Inc.…$4MColor, Inc. 401(k)Retirement PlanColor, Inc. 401(k)Retirement…$4MDfa of California 401(k) Plan$4MCo-Opportunity 401(k) Profit Sharing PlanCo-Opportunity 401(k) Profit…$4MConvo Communications LLC 401(k) Profit Sharing Plan and TrustConvo Communications LLC 401…$4M
End-of-year total assets ($M) among Congress Tools Company, Inc. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

2022 asset-move particulars

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$4M
Net Income-$562K
Employer EIN060805192
Plan Effective Date1983-04-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Connecticut

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

Congress Tools Company, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -200204060 Total assets ($B) Participants Congress Tools Company, Inc. 401(k) Profit Sharing Plan, Total assets ($B): 0.003606559 · Participants: 5Congress Tools Company, Inc. 401(k) Profit Sharing PlanUnited Technologies Corporation Employee Savings Plan, Total assets ($B): 48.916975 · Participants: 55762United Technologies Corporation Employee Savings PlanGE Retirement Savings Plan, Total assets ($B): 24.786830027 · Participants: 57522GE Retirement Savings PlanCiti Retirement Savings Plan, Total assets ($B): 17.438946034 · Participants: 70070Citi Retirement Savings PlanThe Hartford Investment and Savings Plan, Total assets ($B): 5.615003 · Participants: 17724The Hartford Investment and Savings PlanXerox Corporation Savings Plan, Total assets ($B): 3.641347 · Participants: 11876Xerox Corporation Savings Plan
Congress Tools Company, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants

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

Outside Connecticut, the nearest 401(k) by assets is Color, Inc. 401(k)Retirement Plan in MA ($4M); by covered participants it is Stel Pro Inc 401(k) Plan in TX (5 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (5 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 Congress Tools Company, Inc. 401(k) Profit Sharing Plan assets move in 2022?
Congress Tools Company, Inc. 401(k) Profit Sharing Plan pulled back noticeably - down 13.5% during 2022, from $4M to $4M. Reported net income was -$562K.
Which 401(k) plans are similar in size to Congress Tools Company, Inc. 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Color, Inc. 401(k)Retirement Plan in MA ($4M, 140 participants).
Which 401(k) plans cover a similar participant headcount to Congress Tools Company, Inc. 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is Stel Pro Inc 401(k) Plan in TX (5 participants, $48K in assets).