401(k) · DOL Form 5500 · 2023

Germanow-Simon Corporation 401(k) Plan

Data updated 2026-08-25

$7M
Total assets Small plan by assets
103
Participants Small participant base
51st
Percentile by assets National rank
$68,986
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Tel-Tru Manufacturing Company Retirement Plan · Sponsored by Germanow-Simon Corporation · New York · Manufacturing

$7M in assets, 103 participants

Germanow-Simon Corporation's Tel-Tru Manufacturing Company Retirement Plan reported $7M in total assets and 103 participants in its 2023 DOL Form 5500 filing, ranking in the 51st 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.

  • #6,671 in Manufacturing (18,722 peers)

Coverage in New York

Tel-Tru Manufacturing Company Retirement Plan covers 103 participants in New York, about 13% of the average New York filer (state average ~798 per filing). Assets: $7M.

#6,671
in Manufacturing (18,722 peers)
-9.6%
assets change YoY

The plan reported a net loss of $758K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Tel-Tru Manufacturing Company Retirement Plan's mid-pack asset rank among Manufacturing and all filers

Tel-Tru Manufacturing Company Retirement Plan vs every filed plan by assets

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

$7,105,593 Top 49% higher than 51% 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

Tel-Tru Manufacturing Company Retirement 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. Tel-Tru Manufacturing Company Retirement Plan sits mid-pack in the medium band (103 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Tel-Tru Manufacturing Company Retirement Plan reported net income rose from -$2M in the plan year 2022 filing to -$758K in the plan year 2023 filing.
  • Tel-Tru Manufacturing Company Retirement Plan end-of-year assets fell from $8M in the plan year 2022 filing to $7M in the plan year 2023 filing.
  • Tel-Tru Manufacturing Company Retirement Plan reported participants rose from 94 in the plan year 2022 filing to 103 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 160723453 · Germanow-Simon Corporation PY 2023 · 401(k)

Tel-Tru Manufacturing Company Retirement Plan · $7M · 103 · 51st

  • PART $7M
  • TYPE 103
  • NET 51st
  • BOOK 401(k)
  • VS-ST near Bestow 401(k) Plan
  • BOY ind #6671

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 New York →

Tel-Tru Manufacturing Company Retirement Plan in the asset neighbourhood

Tel-Tru Manufacturing Company Retirement PlanTel-Tru Manufacturing Compan…$7MBestow 401(k) Plan$7MCommunity Action Opportunities 401(k) PlanCommunity Action Opportuniti…$7MSims Bark Co., Inc. 401(k) Profit Sharing PlanSims Bark Co., Inc. 401(k) P…$7MBrehm Communications, Inc. 401(k) PlanBrehm Communications, Inc. 4…$7M
End-of-year total assets ($M) among Tel-Tru Manufacturing Company Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

New York filing particulars

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$7M
Net Income-$758K
Employer EIN160723453
Plan Effective Date1984-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Germanow-Simon Corporation)

Sponsor-wide plan assets over time

All Germanow-Simon Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$7M 16.641498344104527% vs 2022
2024 filing year
$6M$6.5M$7M$7.5M$8M 202220232024 $7.86M $6.56M ▼ -16.5%
Year Plans Participants Total Assets
2022 1 94 $8M
2023 1 103 $7M
2024 1 52 $7M

Nearby 401(k) Plans in New York

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

Tel-Tru Manufacturing Company Retirement Plan vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20020406080 Total assets ($B) Participants Tel-Tru Manufacturing Company Retirement Plan, Total assets ($B): 0.007105593 · Participants: 103Tel-Tru Manufacturing Company Retirement PlanIBM 401 (K) Plus Plan, Total assets ($B): 57.428456306 · Participants: 54912IBM 401 (K) Plus PlanPfizer Savings Plan, Total assets ($B): 19.56134085 · Participants: 30033Pfizer Savings PlanMorgan Stanley 401(k) Plan, Total assets ($B): 19.235068266 · Participants: 55363Morgan Stanley 401(k) PlanThe Pepsico Savings Plan, Total assets ($B): 13.651296 · Participants: 133597The Pepsico Savings PlanThe Goldman Sachs 401(k) Plan, Total assets ($B): 11.428659742 · Participants: 24866The Goldman Sachs 401(k) Plan
Tel-Tru Manufacturing Company Retirement Plan vs. nearby 401(k) plans in New York, assets vs. participants

Tel-Tru Manufacturing Company Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside New York, the nearest 401(k) by assets is Bestow 401(k) Plan in TX ($7M); by covered participants it is Obstetrics & Gynecology of Indiana, P.C. 401(k) Profit Sharing Plan in IN (103 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($7M here).

Similar participant headcount

Nearest other-state filings by covered participants (103 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 Tel-Tru Manufacturing Company Retirement Plan assets move in 2023?
Tel-Tru Manufacturing Company Retirement Plan pulled back noticeably - down 9.6% during 2023, from $8M to $7M. Reported net income was -$758K.
How have Germanow-Simon Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Germanow-Simon Corporation's sponsor-wide assets declined 16.6%, from $8M to $7M.
Which 401(k) plans are similar in size to Tel-Tru Manufacturing Company Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Bestow 401(k) Plan in TX ($7M, 225 participants).
Which 401(k) plans cover a similar participant headcount to Tel-Tru Manufacturing Company Retirement Plan?
Among 401(k) plans in other states, the closest by covered participants is Obstetrics & Gynecology of Indiana, P.C. 401(k) Profit Sharing Plan in IN (103 participants, N/A in assets).