401(k) · DOL Form 5500 · 2022

Thrifty Iron Works, Inc. 401(k) Plan

Data updated 2026-08-25

$4M
Total assets Small plan by assets
105
Participants Small participant base
44th
Percentile by assets National rank
$34,342
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Thrifty Iron Works, Inc. 401(k) Profit Sharing Plan · Sponsored by Thrifty Iron Works, Inc. · Maryland · Construction

$4M in assets, 105 participants

Thrifty Iron Works, Inc.'s Thrifty Iron Works, Inc. 401(k) Profit Sharing Plan reported $4M in total assets and 105 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.

  • #4,222 in Construction (9,927 peers)

Coverage in Maryland

Thrifty Iron Works, Inc. 401(k) Profit Sharing Plan covers 105 participants in Maryland, about 11% of the average Maryland filer (state average ~929 per filing). Assets: $4M.

#4,222
in Construction (9,927 peers)
+3.4%
assets growth YoY

Thrifty Iron Works, Inc. 401(k) Profit Sharing Plan's mid-pack asset rank among Construction and all filers

Thrifty Iron Works, Inc. 401(k) Profit Sharing Plan vs every filed plan by assets

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

$3,605,862 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

Thrifty Iron Works, Inc. 401(k) Profit Sharing 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. Thrifty Iron Works, Inc. 401(k) Profit Sharing Plan sits mid-pack in the medium band (105 participants).

Form 5500 schedule snapshot

Filing strip 520976656 · Thrifty Iron Works, Inc. PY 2022 · 401(k)

Thrifty Iron Works, Inc. 401(k) Profit Sharing Plan · $4M · 105 · 44th

  • VS-ST $4M
  • BOY 105
  • SCH 44th
  • EBSA 401(k)
  • PART near Precision System Design 401(k) Plan
  • TYPE ind #4222

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 Construction retirement plans → · Plans in Maryland →

Thrifty Iron Works, Inc. 401(k) Profit Sharing Plan in the asset neighbourhood

Thrifty Iron Works, Inc. 401(k) Profit Sharing PlanThrifty Iron Works, Inc. 401…$4MPrecision System Design 401(k) PlanPrecision System Design 401(…$4MLaforce, LLC Union 401(k) Profit Sharing Plan and TrustLaforce, LLC Union 401(k) Pr…$4MGraf Brothers Flooring, Inc. 401(k) PlanGraf Brothers Flooring, Inc.…$4MAna-Fam Employee Retirement PlanAna-Fam Employee Retirement …$4M
End-of-year total assets ($M) among Thrifty Iron Works, Inc. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Maryland filing particulars

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$4M
Net Income$118K
Employer EIN520976656
Plan Effective Date1995-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Thrifty Iron Works, Inc.)

Sponsor-wide plan assets over time

All Thrifty Iron Works, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$3M 5.127317684370617% vs 2022
2024 filing year
$3.3M$3.4M$3.5M$3.6M$3.7M 202220232024 $3.61M $3.42M ▼ -5.3%
Year Plans Participants Total Assets
2022 1 105 $4M
2023 1 100 $4M
2024 1 82 $3M

Nearby 401(k) Plans in Maryland

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

Thrifty Iron Works, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Maryland, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -1001020304050 Total assets ($B) Participants Thrifty Iron Works, Inc. 401(k) Profit Sharing Plan, Total assets ($B): 0.003605862 · Participants: 105Thrifty Iron Works, Inc. 401(k) Profit Sharing PlanLockheed Martin Corporation Salaried Savings Plan, Total assets ($B): 43.624690273 · Participants: 87666Lockheed Martin Corporation Salaried Savings PlanMarriott Retirement Savings Plan, Total assets ($B): 8.25929933 · Participants: 82576Marriott Retirement Savings PlanT. Rowe Price U.S. Retirement Program, Total assets ($B): 3.651080244 · Participants: 6107T. Rowe Price U.S. Retirement ProgramNfl Player Second Career Savings Plan, Total assets ($B): 3.260404321 · Participants: 2819Nfl Player Second Career Savings PlanSodexo 401 (K) Employees' Retirement Savings Plan and Trust, Total assets ($B): 1.938654635 · Participants: 74729Sodexo 401 (K) Employees' Retirement Savings Plan and Trust
Thrifty Iron Works, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Maryland, assets vs. participants

Thrifty Iron Works, Inc. 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Maryland, the nearest 401(k) by assets is Precision System Design 401(k) Plan in NJ ($4M); by covered participants it is Tak Communications Wi LLC 401(k) Plan in SD (105 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (105 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 Thrifty Iron Works, Inc. 401(k) Profit Sharing Plan assets move in 2022?
Thrifty Iron Works, Inc. 401(k) Profit Sharing Plan edged up modestly - up 3.4% during 2022, from $3M to $4M. Reported net income was $118K.
How have Thrifty Iron Works, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Thrifty Iron Works, Inc.'s sponsor-wide assets declined 5.1%, from $4M to $3M.
Which 401(k) plans are similar in size to Thrifty Iron Works, Inc. 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Precision System Design 401(k) Plan in NJ ($4M, 113 participants).
Which 401(k) plans cover a similar participant headcount to Thrifty Iron Works, Inc. 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is Tak Communications Wi LLC 401(k) Plan in SD (105 participants, N/A in assets).