401(k) · DOL Form 5500 · 2023

Pequot Tool & Mfg. 401(k) Plan

Data updated 2026-08-25

$20M
Total assets Small plan by assets
206
Participants Below avg headcount
73rd
Percentile by assets National rank
$97,565
Avg per participant Below avg balance/head
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Official DOL plan name: Pequot Tool & Mfg., Inc. Employees Savings Trust · Sponsored by Pequot Tool & Mfg. · Minnesota · Manufacturing

$20M in assets, 206 participants

Pequot Tool & Mfg.'s Pequot Tool & Mfg., Inc. Employees Savings Trust reported $20M in total assets and 206 participants in its 2023 DOL Form 5500 filing, ranking in the 73rd 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.

  • #11,726 in Manufacturing (18,722 peers)

Coverage in Minnesota

Pequot Tool & Mfg., Inc. Employees Savings Trust covers 206 participants in Minnesota, about 18% of the average Minnesota filer (state average ~1,126 per filing). Assets: $20M.

#11,726
in Manufacturing (18,722 peers)
+27.8%
assets growth YoY

Pequot Tool & Mfg., Inc. Employees Savings Trust's outsized position by total assets

Pequot Tool & Mfg., Inc. Employees Savings Trust vs every filed plan by assets

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

$20,098,465 Top 27% higher than 73% 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

Pequot Tool & Mfg., Inc. Employees Savings Trust 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. Pequot Tool & Mfg., Inc. Employees Savings Trust sits mid-pack in the medium band (206 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Pequot Tool & Mfg., Inc. Employees Savings Trust reported net income rose from -$2M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Pequot Tool & Mfg., Inc. Employees Savings Trust end-of-year assets rose from $16M in the plan year 2022 filing to $20M in the plan year 2023 filing.
  • Pequot Tool & Mfg., Inc. Employees Savings Trust reported participants rose from 191 in the plan year 2022 filing to 206 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 411410590 · Pequot Tool & Mfg. PY 2023 · 401(k)

Pequot Tool & Mfg., Inc. Employees Savings Trust · $20M · 206 · 73rd

  • EBSA $20M
  • EBSA 206
  • EBSA 73rd
  • EBSA 401(k)
  • EBSA near Employees' Profit Sharing Plan and Trust of Ritsema Law LLC
  • EBSA ind #11726

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 Minnesota →

Pequot Tool & Mfg., Inc. Employees Savings Trust in the asset neighbourhood

Pequot Tool & Mfg., Inc. Employees Savings TrustPequot Tool & Mfg., Inc. Emp…$20MEmployees' Profit Sharing Plan and Trust of Ritsema Law LLCEmployees' Profit Sharing Pl…$20MPai Holdings, LLC 401(k) Plan$20MBowser Automotive, Inc. Savings PlanBowser Automotive, Inc. Savi…$20MLogistec USA Inc. 401(k) Retirement PlanLogistec USA Inc. 401(k) Ret…$20M
End-of-year total assets ($M) among Pequot Tool & Mfg., Inc. Employees Savings Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)$16M
Net Assets (End of Year)$20M
Net Income$4M
Employer EIN411410590
Plan Effective Date2008-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Pequot Tool & Mfg.)

Sponsor-wide plan assets over time

All Pequot Tool & Mfg. plans reported in each filing year

Latest sponsor-wide plan assets
$24M 49.89978302807722% vs 2022
2024 filing year
$10M$15M$20M$25M 202220232024 $15.7M $23.6M ▲ +49.9%
Year Plans Participants Total Assets
2022 1 191 $16M
2023 1 206 $20M
2024 1 205 $24M

Nearby 401(k) Plans in Minnesota

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

Pequot Tool & Mfg., Inc. Employees Savings Trust vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Pequot Tool & Mfg., Inc. Employees Savings Trust, Total assets ($B): 0.020098465 · Participants: 206Pequot Tool & Mfg., Inc. Employees Savings TrustUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 22.432100178 · Participants: 198972Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 13.008265857 · Participants: 432617Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 12.931979 · Participants: 44342Medtronic Savings and Investment Plan3M Voluntary Investment Plan and Employee Stock Ownership Plan, Total assets ($B): 12.04661588 · Participants: 360493M Voluntary Investment Plan and Employee Stock Ownership PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 10.271161911 · Participants: 75272U.S. Bank 401(k) Savings Plan
Pequot Tool & Mfg., Inc. Employees Savings Trust vs. nearby 401(k) plans in Minnesota, assets vs. participants

Pequot Tool & Mfg., Inc. Employees Savings Trust's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Employees' Profit Sharing Plan and Trust of Ritsema Law LLC in CO ($20M); by covered participants it is Nwsl Retirement Plan in IL (206 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (206 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 Pequot Tool & Mfg., Inc. Employees Savings Trust assets move in 2023?
Pequot Tool & Mfg., Inc. Employees Savings Trust grew sharply - up 27.8% during 2023, from $16M to $20M. Reported net income was $4M.
How have Pequot Tool & Mfg. plan assets changed over time?
Across 3 plan years on file (2022-2024), Pequot Tool & Mfg.'s sponsor-wide assets grew 49.9%, from $16M to $24M.
Which 401(k) plans are similar in size to Pequot Tool & Mfg., Inc. Employees Savings Trust?
Among 401(k) plans in other states, the closest by assets is Employees' Profit Sharing Plan and Trust of Ritsema Law LLC in CO ($20M, 77 participants).
Which 401(k) plans cover a similar participant headcount to Pequot Tool & Mfg., Inc. Employees Savings Trust?
Among 401(k) plans in other states, the closest by covered participants is Nwsl Retirement Plan in IL (206 participants, $152K in assets).