ESOP · DOL Form 5500 · 2022
Cornwell Quality Tools Company ESOP
Data updated 2026-08-11
- $57M
- Total assets
- 345
- Participants
- 89th
- Percentile by assets
- $165,487
- Avg per participant
Official DOL plan name: The Cornwell Quality Tools Company Employee Stock Ownership Plan · Sponsored by Cornwell Quality Tools Company · Ohio · Manufacturing
$57M in assets, 345 participants
Cornwell Quality Tools Company's The Cornwell Quality Tools Company Employee Stock Ownership Plan reported $57M in total assets and 345 participants in its 2022 DOL Form 5500 filing, ranking in the 89th 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.
- 89th percentile by assets (of 139,126 plans)
- #17,280 in Manufacturing (20,602 peers)
Coverage in Ohio
The Cornwell Quality Tools Company Employee Stock Ownership Plan covers 345 participants in Ohio, about 45% of the average Ohio filer (state average ~765 per filing). Assets: $57M.
- $57M
- total plan assets (2022 EOY)
- 345
- covered participants
- 89th
- percentile by assets (of 139,126 plans)
- $165,487
- avg assets per participant
The plan reported a net loss of $4M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Participants vs Ohio filers
In Ohio, the average filing covers about 765 participants across 5,089 plans. The Cornwell Quality Tools Company Employee Stock Ownership Plan reports 345 participants - about 45% of that state average ($57M EOY assets).
Ohio filing particulars
| Total Assets (Beginning of Year) | $61M |
|---|---|
| Net Assets (End of Year) | $57M |
| Net Income | -$4M |
| Employer EIN | 340165010 |
| Plan Effective Date | 1998-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Cornwell Quality Tools Company)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 638 | $68M |
| 2023 | 2 | 650 | $70M |
| 2024 | 2 | 669 | $70M |
Nearby ESOP Plans in Ohio
Peer ESOP plans, same state, same plan type, ranked by total assets.
The Cornwell Quality Tools Company Employee Stock Ownership Plan vs. nearby ESOP plans in Ohio, assets vs. participants
- Procter & Gamble Profit Sharing Trust & Employee Stock Ownership Plan $22.0B · 30,782
- The Garland Industries, Inc. Employee Stock Ownership Plan & Trust $1.4B · 1,000
- Advanced Drainage Systems, Inc. Employee Stock Ownership Plan $559M · 3,337
- Messer Inc. Employee Stock Ownership Plan $557M · 808
- Cleveland Steel Container Corporation Employee Stock Ownership Plan $445M · 407
Similar-Sized ESOP Plans Nationally
ESOP plans in other states closest to The Cornwell Quality Tools Company Employee Stock Ownership Plan by total assets, not by location.
- Cv Industries, Inc. Employee Stock Ownership Plan (NC) $57M · 569
- Melton Machine & Control Company Employee Stock Ownership Plan (MO) $57M · 117
- Employee Benefits Corporation Employee Stock Ownership Plan (WI) $57M · 134
- New England Wire Technologies Corp. Employee Stock Ownership Plan (NH) $57M · 443
Frequently Asked Questions
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Filing takeaways
Ways to act on The Cornwell Quality Tools Company Employee Stock Ownership Plan's numbers.
- By total assets, The Cornwell Quality Tools Company Employee Stock Ownership Plan ranks in the top quartile of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar ESOP plans in Ohio. Compare plans
- Cornwell Quality Tools Company's sponsor-wide assets have grown 2.9% since 2022 across 3 plan years on file. More Manufacturing plans