401(k) · DOL Form 5500 · 2022

General Tool Company, Inc. 401(k) Plan

Data updated 2026-08-25

$18M
Total assets Small plan by assets
258
Participants Below avg headcount
76th
Percentile by assets National rank
$70,287
Avg per participant Below avg balance/head
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Official DOL plan name: General Tool Company, Incorporated 401(k) Plan · Sponsored by General Tool Company, Inc. · Ohio · Manufacturing

$18M in assets, 258 participants

General Tool Company, Inc.'s General Tool Company, Incorporated 401(k) Plan reported $18M in total assets and 258 participants in its 2022 DOL Form 5500 filing, ranking in the 76th 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.

  • #13,633 in Manufacturing (20,602 peers)

Coverage in Ohio

General Tool Company, Incorporated 401(k) Plan covers 258 participants in Ohio, about 34% of the average Ohio filer (state average ~765 per filing). Assets: $18M.

#13,633
in Manufacturing (20,602 peers)
-10.1%
assets change YoY
0.2×
vs typical plan assets (national mean)

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

General Tool Company, Incorporated 401(k) Plan's outsized position by total assets

General Tool Company, Incorporated 401(k) Plan vs every filed plan by assets

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

$18,133,991 Top 24% higher than 76% 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

General Tool Company, Incorporated 401(k) Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. General Tool Company, Incorporated 401(k) Plan sits mid-pack in the medium band (258 participants).

Published 5500 schedule card

Filing strip 310533100 · General Tool Company, Inc. PY 2022 · 401(k)

General Tool Company, Incorporated 401(k) Plan · $18M · 258 · 76th

  • EBSA $18M
  • PART 258
  • TYPE 76th
  • NET 401(k)
  • BOOK near The Bosworth Company Employees Thrift Plan
  • VS-ST ind #13633

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 Ohio →

General Tool Company, Incorporated 401(k) Plan in the asset neighbourhood

P1fcu 401(k) Plan and Trust$18MGeneral Tool Company, Incorporated 401(k) PlanGeneral Tool Company, Incorp…$18MThe Bosworth Company Employees Thrift PlanThe Bosworth Company Employe…$18MBroadmoor Management Company 401(k) Profit Sharing PlanBroadmoor Management Company…$18MTrimech 401(k) Plan$18M
End-of-year total assets ($M) among General Tool Company, Incorporated 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Ohio filing particulars

Total Assets (Beginning of Year)$20M
Net Assets (End of Year)$18M
Net Income-$2M
Employer EIN310533100
Plan Effective Date1963-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (General Tool Company, Inc.)

Sponsor-wide plan assets over time

All General Tool Company, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$24M 31.92882361086426% vs 2022
2024 filing year
$16M$18M$20M$22M$24M$26M 202220232024 $18.1M $23.9M ▲ +31.9%
Year Plans Participants Total Assets
2022 1 258 $18M
2023 1 237 $21M
2024 1 252 $24M

Nearby 401(k) Plans in Ohio

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

General Tool Company, Incorporated 401(k) Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20246810 Total assets ($B) Participants General Tool Company, Incorporated 401(k) Plan, Total assets ($B): 0.018133991 · Participants: 258General Tool Company, Incorporated 401(k) PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 8.343834208 · Participants: 44890The Sherwin-Williams Company 401(k) PlanThe Progressive 401(k) Plan, Total assets ($B): 7.60950811 · Participants: 50299The Progressive 401(k) PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 7.311555 · Participants: 116133The Kroger Co. 401(k) Retirement Savings Account PlanNationwide Savings Plan, Total assets ($B): 6.73672335 · Participants: 24278Nationwide Savings PlanMarathon Petroleum Thrift Plan, Total assets ($B): 6.371480588 · Participants: 17666Marathon Petroleum Thrift Plan
General Tool Company, Incorporated 401(k) Plan vs. nearby 401(k) plans in Ohio, assets vs. participants
Compare General Tool Company, Incorporated 401(k) Plan side-by-side with 3 peers →

General Tool Company, Incorporated 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is The Bosworth Company Employees Thrift Plan in TX ($18M); by covered participants it is Kenall Manufacturing Co. Inc. 401(k) Plan and Profit Sharing Plan and Trust in WI (258 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($18M here).

Similar participant headcount

Nearest other-state filings by covered participants (258 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 General Tool Company, Incorporated 401(k) Plan assets move in 2022? ▼
General Tool Company, Incorporated 401(k) Plan pulled back noticeably - down 10.1% during 2022, from $20M to $18M. Reported net income was -$2M.
How have General Tool Company, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), General Tool Company, Inc.'s sponsor-wide assets grew 31.9%, from $18M to $24M.
Where does General Tool Company, Incorporated 401(k) Plan rank by assets among Form 5500 filers? ▼
General Tool Company, Incorporated 401(k) Plan ranks in the 76th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to General Tool Company, Incorporated 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is The Bosworth Company Employees Thrift Plan in TX ($18M, 324 participants).
Which 401(k) plans cover a similar participant headcount to General Tool Company, Incorporated 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Kenall Manufacturing Co. Inc. 401(k) Plan and Profit Sharing Plan and Trust in WI (258 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 310533100.

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.