401(k) · DOL Form 5500 · 2023
Burr Oak Tool Inc. 401(k) Plan
Data updated 2026-08-25
- $70M
- Total assets Below avg plan size
- 339
- Participants Below avg headcount
- 89th
- Percentile by assets National rank
- $206,245
- Avg per participant Above avg balance/head
Official DOL plan name: Burr Oak Tool Inc. Employees' Profit Sharing Plan · Sponsored by Burr Oak Tool Inc. · Michigan · Manufacturing
$70M in assets, 339 participants
Burr Oak Tool Inc.'s Burr Oak Tool Inc. Employees' Profit Sharing Plan reported $70M in total assets and 339 participants in its 2023 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.
- #15,563 in Manufacturing (18,722 peers)
Where Burr Oak Tool Inc. Employees' Profit Sharing Plan sits by assets
Burr Oak Tool Inc. Employees' Profit Sharing Plan sits in the top quartile of all filed plans by assets, $70M for 339 participants (~$206,245/participant), up 8.0% in 2023.
- #15,563
- in Manufacturing (18,722 peers)
- +8.0%
- assets growth YoY
- 0.7×
- vs typical plan assets (national mean)
Burr Oak Tool Inc. Employees' Profit Sharing Plan's outsized position by total assets
Burr Oak Tool Inc. Employees' Profit Sharing Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$69,917,150 Top 11% higher than 89% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
Burr Oak Tool Inc. Employees' Profit Sharing 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. Burr Oak Tool Inc. Employees' Profit Sharing Plan sits mid-pack in the medium band (339 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Burr Oak Tool Inc. Employees' Profit Sharing Plan reported net income rose from -$11M in the plan year 2022 filing to $5M in the plan year 2023 filing.
- Burr Oak Tool Inc. Employees' Profit Sharing Plan end-of-year assets rose from $65M in the plan year 2022 filing to $70M in the plan year 2023 filing.
- Burr Oak Tool Inc. Employees' Profit Sharing Plan reported participants fell from 343 in the plan year 2022 filing to 339 in the plan year 2023 filing.
Form 5500 schedule snapshot
Filing strip 381218471 · Burr Oak Tool Inc. PY 2023 · 401(k)
Burr Oak Tool Inc. Employees' Profit Sharing Plan · $70M · 339 · 89th
- 5500 $70M
- ASSETS 339
- PCT 89th
- EIN 401(k)
- RANK near The Goodman Group, Its Members & Affil. Retirement Savings Plan
- PHOTO ind #15563
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 →
Burr Oak Tool Inc. Employees' Profit Sharing Plan in the asset neighbourhood
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $65M |
|---|---|
| Net Assets (End of Year) | $70M |
| Net Income | $5M |
| Employer EIN | 381218471 |
| Plan Effective Date | 1985-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Burr Oak Tool Inc.)
Sponsor-wide plan assets over time
All Burr Oak Tool Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $73M 13.193678689569197% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 343 | $65M |
| 2023 | 1 | 339 | $70M |
| 2024 | 1 | 353 | $73M |
Nearby 401(k) Plans in Michigan
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- General Motors Retirement Savings Plan for Salaried Employees in the United States $20.4B · 47,299
- Ford Motor Co. Savings and Stock Investment Plan for Salaried Employees $15.6B · 30,516
- The Dow Chemical Company Employees' Savings Plan $10.1B · 18,088
- The General Motors Personal Savings Plan for Hourly-Rate Employees in the United States $8.6B · 40,393
- Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees $7.6B · 59,195
Burr Oak Tool Inc. Employees' Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount
Outside Michigan, the nearest 401(k) by assets is The Goodman Group, Its Members & Affil. Retirement Savings Plan in MN ($70M); by covered participants it is Simply Storage Management , LLC 401(k) Plan in FL (339 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($70M here).
- The Goodman Group, Its Members & Affil. Retirement Savings Plan (MN) $70M · 3,332
- Covenant Transportation Group 401(k) & Profit Sharing Plan (TN) $70M · 3,085
- Wynright 401(k) Plan and Trust (IN) $70M · 906
- Curbell, Inc. 401(k) Plan (NY) $70M · 497
Similar participant headcount
Nearest other-state filings by covered participants (339 participants); asset peers above are excluded.
- Simply Storage Management , LLC 401(k) Plan (FL) 339 · 0 off
- Location Services, LLC Dba Pathfinder Services 401(k) Plan (IN) 339 · 0 off
- Techsource, Inc. 401(k) Profit Sharing Plan (NM) 339 · 0 off
- G.E. Foodland Retirement Plan (TX) 339 · 0 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.