401(k) · DOL Form 5500 · 2023

Garr Tool Company, Inc. 401(k) Plan

Data updated 2026-08-25

$45M
Total assets Below avg plan size
127
Participants Small participant base
84th
Percentile by assets National rank
$351,899
Avg per participant High balance/head
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Official DOL plan name: Garr Tool Co., Inc. Ees' P/S Salary Reduction 401(k) Plan · Sponsored by Garr Tool Company, Inc. · Michigan · Manufacturing

$45M in assets, 127 participants

Garr Tool Company, Inc.'s Garr Tool Co., Inc. Ees' P/S Salary Reduction 401(k) Plan reported $45M in total assets and 127 participants in its 2023 DOL Form 5500 filing, ranking in the 84th 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.

  • #14,513 in Manufacturing (18,722 peers)

Coverage in Michigan

Garr Tool Co., Inc. Ees' P/S Salary Reduction 401(k) Plan covers 127 participants in Michigan, about 20% of the average Michigan filer (state average ~638 per filing). Assets: $45M.

#14,513
in Manufacturing (18,722 peers)
+8.8%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Garr Tool Co., Inc. Ees' P/S Salary Reduction 401(k) Plan's outsized position by total assets

Garr Tool Co., Inc. Ees' P/S Salary Reduction 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$44,691,226 Top 16% higher than 84% of 127,068 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 2023

Garr Tool Co., Inc. Ees' P/S Salary Reduction 401(k) Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Garr Tool Co., Inc. Ees' P/S Salary Reduction 401(k) Plan sits mid-pack in the medium band (127 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Garr Tool Co., Inc. Ees' P/S Salary Reduction 401(k) Plan reported net income rose from -$12M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Garr Tool Co., Inc. Ees' P/S Salary Reduction 401(k) Plan end-of-year assets rose from $41M in the plan year 2022 filing to $45M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 381658615 · Garr Tool Company, Inc. PY 2023 · 401(k)

Garr Tool Co., Inc. Ees' P/S Salary Reduction 401(k) Plan · $45M · 127 · 84th

  • EOY $45M
  • EOY 127
  • EOY 84th
  • EOY 401(k)
  • EOY near Columbia Construction Company 401(k) Plan
  • EOY ind #14513

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 Michigan →

Garr Tool Co., Inc. Ees' P/S Salary Reduction 401(k) Plan in the asset neighbourhood

Garr Tool Co., Inc. Ees' P/S Salary Reduction 401(k) PlanGarr Tool Co., Inc. Ees' P/S…$45MColumbia Construction Company 401(k) PlanColumbia Construction Compan…$45MGoodwyn Mills Cawood, LLC 401(k) Profit Sharing Plan and TrustGoodwyn Mills Cawood, LLC 40…$45MShaddock Companies 401(k) PlanShaddock Companies 401(k) Pl…$45MArmed Forces Benefit Association (Afba) 401(k) Incentive Savings PlanArmed Forces Benefit Associa…$45M
End-of-year total assets ($M) among Garr Tool Co., Inc. Ees' P/S Salary Reduction 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Michigan filing particulars

Total Assets (Beginning of Year)$41M
Net Assets (End of Year)$45M
Net Income$4M
Employer EIN381658615
Plan Effective Date1966-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Garr Tool Company, Inc.)

Sponsor-wide plan assets over time

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

Latest sponsor-wide plan assets
$50M 20.883821564916627% vs 2022
2024 filing year
$40M$45M$50M$55M 202220232024 $41.1M $49.7M ▲ +20.9%
Year Plans Participants Total Assets
2022 1 127 $41M
2023 1 127 $45M
2024 1 125 $50M

Nearby 401(k) Plans in Michigan

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

Garr Tool Co., Inc. Ees' P/S Salary Reduction 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510152025 Total assets ($B) Participants Garr Tool Co., Inc. Ees' P/S Salary Reduction 401(k) Plan, Total assets ($B): 0.044691226 · Participants: 127Garr Tool Co., Inc. Ees' P/S Salary Reduction 401(k) PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 20.378449285 · Participants: 47299General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 15.588575271 · Participants: 30516Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 10.084842211 · Participants: 18088The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 8.580684909 · Participants: 40393The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 7.617084451 · Participants: 59195Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Garr Tool Co., Inc. Ees' P/S Salary Reduction 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Garr Tool Co., Inc. Ees' P/S Salary Reduction 401(k) Plan side-by-side with 3 peers →

Garr Tool Co., Inc. Ees' P/S Salary Reduction 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Columbia Construction Company 401(k) Plan in MA ($45M); by covered participants it is San Pedro Fish Markets 401(k) Profit Sharing Plan & Trust in CA (127 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (127 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Garr Tool Co., Inc. Ees' P/S Salary Reduction 401(k) Plan assets move in 2023? ▼
Garr Tool Co., Inc. Ees' P/S Salary Reduction 401(k) Plan grew at a solid clip - up 8.8% during 2023, from $41M to $45M. Reported net income was $4M.
How have Garr Tool Company, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Garr Tool Company, Inc.'s sponsor-wide assets grew 20.9%, from $41M to $50M.
Where does Garr Tool Co., Inc. Ees' P/S Salary Reduction 401(k) Plan rank by assets among Form 5500 filers? ▼
Garr Tool Co., Inc. Ees' P/S Salary Reduction 401(k) Plan ranks in the 84th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Garr Tool Co., Inc. Ees' P/S Salary Reduction 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Columbia Construction Company 401(k) Plan in MA ($45M, 199 participants).
Which 401(k) plans cover a similar participant headcount to Garr Tool Co., Inc. Ees' P/S Salary Reduction 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is San Pedro Fish Markets 401(k) Profit Sharing Plan & Trust in CA (127 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 381658615.

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.