401(k) · DOL Form 5500 · 2022

Cornwell Quality Tools Company 401(k) Plan

Data updated 2026-08-25

$11M
Total assets Small plan by assets
293
Participants Below avg headcount
66th
Percentile by assets National rank
$36,131
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Cornwell Quality Tools Company Profit Sharing 401(k) Plan · Sponsored by Cornwell Quality Tools Company · Ohio · Manufacturing

$11M in assets, 293 participants

Cornwell Quality Tools Company's Cornwell Quality Tools Company Profit Sharing 401(k) Plan reported $11M in total assets and 293 participants in its 2022 DOL Form 5500 filing, ranking in the 66th 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.

  • #11,051 in Manufacturing (20,602 peers)

Coverage in Ohio

Cornwell Quality Tools Company Profit Sharing 401(k) Plan covers 293 participants in Ohio, about 38% of the average Ohio filer (state average ~765 per filing). Assets: $11M.

#11,051
in Manufacturing (20,602 peers)
-22.1%
assets change YoY

The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Cornwell Quality Tools Company Profit Sharing 401(k) Plan's mid-pack asset rank among Manufacturing and all filers

Cornwell Quality Tools Company Profit Sharing 401(k) Plan vs every filed plan by assets

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

$10,586,406 Top 34% higher than 66% 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

Cornwell Quality Tools Company Profit Sharing 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. Cornwell Quality Tools Company Profit Sharing 401(k) Plan sits mid-pack in the medium band (293 participants).

EBSA filing schedule strip

Filing strip 340165010 · Cornwell Quality Tools Company PY 2022 · 401(k)

Cornwell Quality Tools Company Profit Sharing 401(k) Plan · $11M · 293 · 66th

  • BOY $11M
  • BOY 293
  • BOY 66th
  • BOY 401(k)
  • BOY near Lightsource Renewable Energy US 401(k) Plan
  • BOY ind #11051

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 →

Cornwell Quality Tools Company Profit Sharing 401(k) Plan in the asset neighbourhood

Cornwell Quality Tools Company Profit Sharing 401(k) PlanCornwell Quality Tools Compa…$11MLightsource Renewable Energy US 401(k) PlanLightsource Renewable Energy…$11MNextitle & Affiliated Entities 401(k) Savings PlanNextitle & Affiliated Entiti…$11MRadiall USA 401(k) Profit Sharing PlanRadiall USA 401(k) Profit Sh…$11MCoit Services, Inc. Employee Savings & Retirement PlanCoit Services, Inc. Employee…$11M
End-of-year total assets ($M) among Cornwell Quality Tools Company Profit Sharing 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Ohio filing particulars

Total Assets (Beginning of Year)$14M
Net Assets (End of Year)$11M
Net Income-$3M
Employer EIN340165010
Plan Effective Date1968-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Cornwell Quality Tools Company)

Sponsor-wide plan assets over time

All Cornwell Quality Tools Company plans reported in each filing year

Latest sponsor-wide plan assets
$70M 2.8891424082355046% vs 2022
2024 filing year
$67M$68M$69M$70M$71M 202220232024 $67.7M $69.6M ▲ +2.9%
Year Plans Participants Total Assets
2022 2 638 $68M
2023 2 650 $70M
2024 2 669 $70M

Nearby 401(k) Plans in Ohio

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

Cornwell Quality Tools Company Profit Sharing 401(k) Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20246810 Total assets ($B) Participants Cornwell Quality Tools Company Profit Sharing 401(k) Plan, Total assets ($B): 0.010586406 · Participants: 293Cornwell Quality Tools Company Profit Sharing 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
Cornwell Quality Tools Company Profit Sharing 401(k) Plan vs. nearby 401(k) plans in Ohio, assets vs. participants
Compare Cornwell Quality Tools Company Profit Sharing 401(k) Plan side-by-side with 3 peers →

Cornwell Quality Tools Company Profit Sharing 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is Lightsource Renewable Energy US 401(k) Plan in CA ($11M); by covered participants it is Weiler Corporation Profit Sharing & 401(k) Plan in PA (293 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (293 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 Cornwell Quality Tools Company Profit Sharing 401(k) Plan assets move in 2022? ▼
Cornwell Quality Tools Company Profit Sharing 401(k) Plan declined sharply - down 22.1% during 2022, from $14M to $11M. Reported net income was -$3M.
How have Cornwell Quality Tools Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Cornwell Quality Tools Company's sponsor-wide assets grew 2.9%, from $68M to $70M.
Which 401(k) plans are similar in size to Cornwell Quality Tools Company Profit Sharing 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Lightsource Renewable Energy US 401(k) Plan in CA ($11M, 131 participants).
Which 401(k) plans cover a similar participant headcount to Cornwell Quality Tools Company Profit Sharing 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Weiler Corporation Profit Sharing & 401(k) Plan in PA (293 participants, $29M 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 340165010.

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.