401(k) · DOL Form 5500 · 2023

Meyer Tool, Inc. 401(k) Plan

Data updated 2026-08-25

$73M
Total assets Below avg plan size
1,113
Participants Near avg headcount
89th
Percentile by assets National rank
$65,945
Avg per participant Below avg balance/head
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Official DOL plan name: Meyer Tool 401(k) and Profit Sharing Plan · Sponsored by Meyer Tool, Inc. · Ohio · Manufacturing

$73M in assets, 1,113 participants

Meyer Tool, Inc.'s Meyer Tool 401(k) and Profit Sharing Plan reported $73M in total assets and 1,113 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.

  • #15,668 in Manufacturing (18,722 peers)

Where Meyer Tool 401(k) and Profit Sharing Plan sits by assets

Meyer Tool 401(k) and Profit Sharing Plan sits in the top quartile of all filed plans by assets, $73M for 1,113 participants (~$65,945/participant), up 18.8% in 2023.

#15,668
in Manufacturing (18,722 peers)
+18.8%
assets growth YoY
0.7×
vs typical plan assets (national mean)

Meyer Tool 401(k) and Profit Sharing Plan's outsized position by total assets

Meyer Tool 401(k) and Profit Sharing Plan vs every filed plan by assets

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

$73,397,180 Top 11% higher than 89% 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

Meyer Tool 401(k) and Profit Sharing Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Meyer Tool 401(k) and Profit Sharing Plan lands in the large band (1,113 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Meyer Tool 401(k) and Profit Sharing Plan reported net income rose from -$16M in the plan year 2022 filing to $12M in the plan year 2023 filing.
  • Meyer Tool 401(k) and Profit Sharing Plan end-of-year assets rose from $62M in the plan year 2022 filing to $73M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 310874289 · Meyer Tool, Inc. PY 2023 · 401(k)

Meyer Tool 401(k) and Profit Sharing Plan · $73M · 1,113 · 89th

  • PCT $73M
  • EIN 1,113
  • RANK 89th
  • PHOTO 401(k)
  • IND near Penn Color, Inc. Incentive Savings Plan
  • EOY ind #15668

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 Ohio →

Meyer Tool 401(k) and Profit Sharing Plan in the asset neighbourhood

The Deichmann U.S. Retirement Benefit ProgramThe Deichmann U.S. Retiremen…$73MMeyer Tool 401(k) and Profit Sharing PlanMeyer Tool 401(k) and Profit…$73MPenn Color, Inc. Incentive Savings PlanPenn Color, Inc. Incentive S…$73MLifelong Learner Holdings 401(k) PlanLifelong Learner Holdings 40…$73MImt Insurance Company Retirement Savings PlanImt Insurance Company Retire…$73M
End-of-year total assets ($M) among Meyer Tool 401(k) and Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$62M
Net Assets (End of Year)$73M
Net Income$12M
Employer EIN310874289
Plan Effective Date1984-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Meyer Tool, Inc.)

Sponsor-wide plan assets over time

All Meyer Tool, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$83M 33.49877959623731% vs 2022
2024 filing year
$50M$60M$70M$80M$90M 202220232024 $61.8M $82.5M ▲ +33.5%
Year Plans Participants Total Assets
2022 1 1,111 $62M
2023 1 1,113 $73M
2024 1 1,239 $83M

Nearby 401(k) Plans in Ohio

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

Meyer Tool 401(k) and Profit Sharing Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -50510152025 Total assets ($B) Participants Meyer Tool 401(k) and Profit Sharing Plan, Total assets ($B): 0.07339718 · Participants: 1113Meyer Tool 401(k) and Profit Sharing PlanGE Retirement Savings Plan, Total assets ($B): 19.485469047 · Participants: 59766GE Retirement Savings PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 10.12932701 · Participants: 47362The Sherwin-Williams Company 401(k) PlanThe Progressive 401(k) Plan, Total assets ($B): 9.225573063 · Participants: 56176The Progressive 401(k) PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 8.445085 · Participants: 129769The Kroger Co. 401(k) Retirement Savings Account PlanNationwide Savings Plan, Total assets ($B): 7.618883027 · Participants: 24715Nationwide Savings Plan
Meyer Tool 401(k) and Profit Sharing Plan vs. nearby 401(k) plans in Ohio, assets vs. participants
Compare Meyer Tool 401(k) and Profit Sharing Plan side-by-side with 3 peers →

Meyer Tool 401(k) and Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is Penn Color, Inc. Incentive Savings Plan in PA ($73M); by covered participants it is Eci Software Solutions, Inc. 401(k) Plan in TX (1,113 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($73M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,113 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 Meyer Tool 401(k) and Profit Sharing Plan assets move in 2023? ▼
Meyer Tool 401(k) and Profit Sharing Plan grew sharply - up 18.8% during 2023, from $62M to $73M. Reported net income was $12M.
How have Meyer Tool, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Meyer Tool, Inc.'s sponsor-wide assets grew 33.5%, from $62M to $83M.
Where does Meyer Tool 401(k) and Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Meyer Tool 401(k) and Profit Sharing Plan ranks in the 89th 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 Meyer Tool 401(k) and Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Penn Color, Inc. Incentive Savings Plan in PA ($73M, 585 participants).
Which 401(k) plans cover a similar participant headcount to Meyer Tool 401(k) and Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Eci Software Solutions, Inc. 401(k) Plan in TX (1,113 participants, $100M 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 310874289.

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.