401(k) · DOL Form 5500 · 2023

Cornwell Quality Tools Company 401(k) Plan

Data updated 2026-08-25

$12M
Total assets Small plan by assets
305
Participants Below avg headcount
62nd
Percentile by assets National rank
$38,550
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Cornwell Quality Tools Company Profit Sharing 401(k) Plan · Sponsored by Cornwell Quality Tools Company · Ohio · Manufacturing

$12M in assets, 305 participants

Cornwell Quality Tools Company's Cornwell Quality Tools Company Profit Sharing 401(k) Plan reported $12M in total assets and 305 participants in its 2023 DOL Form 5500 filing, ranking in the 62nd 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.

  • #9,198 in Manufacturing (18,722 peers)

Coverage in Ohio

Cornwell Quality Tools Company Profit Sharing 401(k) Plan covers 305 participants in Ohio, about 40% of the average Ohio filer (state average ~765 per filing). Assets: $12M.

#9,198
in Manufacturing (18,722 peers)
+11.1%
assets growth YoY

Cornwell Quality Tools Company Profit Sharing 401(k) Plan's mid-pack asset rank among Manufacturing and all filers

Cornwell Quality Tools Company Profit Sharing 401(k) Plan vs every filed plan by assets

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

$11,757,609 Top 38% higher than 62% 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

Cornwell Quality Tools Company Profit Sharing 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. Cornwell Quality Tools Company Profit Sharing 401(k) Plan sits mid-pack in the medium band (305 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Cornwell Quality Tools Company Profit Sharing 401(k) Plan reported net income rose from -$3M in the plan year 2022 filing to $1M in the plan year 2023 filing.
  • Cornwell Quality Tools Company Profit Sharing 401(k) Plan end-of-year assets rose from $11M in the plan year 2022 filing to $12M in the plan year 2023 filing.
  • Cornwell Quality Tools Company Profit Sharing 401(k) Plan reported participants rose from 293 in the plan year 2022 filing to 305 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 340165010 · Cornwell Quality Tools Company PY 2023 · 401(k)

Cornwell Quality Tools Company Profit Sharing 401(k) Plan · $12M · 305 · 62nd

  • PART $12M
  • TYPE 305
  • NET 62nd
  • BOOK 401(k)
  • VS-ST near Milkrite Interpuls, Inc. 401(k) Plan
  • BOY ind #9198

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 →

Cornwell Quality Tools Company Profit Sharing 401(k) Plan in the asset neighbourhood

Cornwell Quality Tools Company Profit Sharing 401(k) PlanCornwell Quality Tools Compa…$12MMilkrite Interpuls, Inc. 401(k) PlanMilkrite Interpuls, Inc. 401…$12MReid Outpatient Surgery and Endoscopy 401(k) PlanReid Outpatient Surgery and …$12MCitizens Bank and Trust 401(k) PlanCitizens Bank and Trust 401(…$12MEverytown for Gun Safety Action Fund, Inc. 401(k) PlanEverytown for Gun Safety Act…$12M
End-of-year total assets ($M) among Cornwell Quality Tools Company Profit Sharing 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Ohio filing particulars

Total Assets (Beginning of Year)$11M
Net Assets (End of Year)$12M
Net Income$1M
Employer EIN340165010
Plan Effective Date1968-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Cornwell Quality Tools Company)

Sponsor-wide plan assets over time

All Cornwell Quality Tools Company plans reported in each filing year

Latest sponsor-wide plan assets
$70M 2.8891424082355046% vs 2022
2024 filing year
$67M$68M$69M$70M$71M 202220232024 $67.7M $69.6M ▲ +2.9%
Year Plans Participants Total Assets
2022 2 638 $68M
2023 2 650 $70M
2024 2 669 $70M

Nearby 401(k) Plans in Ohio

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

Cornwell Quality Tools Company Profit Sharing 401(k) Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -50510152025 Total assets ($B) Participants Cornwell Quality Tools Company Profit Sharing 401(k) Plan, Total assets ($B): 0.011757609 · Participants: 305Cornwell Quality Tools Company Profit Sharing 401(k) 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
Cornwell Quality Tools Company Profit Sharing 401(k) Plan vs. nearby 401(k) plans in Ohio, assets vs. participants
Compare Cornwell Quality Tools Company Profit Sharing 401(k) Plan side-by-side with 3 peers →

Cornwell Quality Tools Company Profit Sharing 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is Milkrite Interpuls, Inc. 401(k) Plan in WI ($12M); by covered participants it is Home-Care Pca LLC 401(k) Profit Sharing Plan & Trust in LA (305 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (305 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 Cornwell Quality Tools Company Profit Sharing 401(k) Plan assets move in 2023? ▼
Cornwell Quality Tools Company Profit Sharing 401(k) Plan grew at a solid clip - up 11.1% during 2023, from $11M to $12M. Reported net income was $1M.
How have Cornwell Quality Tools Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Cornwell Quality Tools Company's sponsor-wide assets grew 2.9%, from $68M to $70M.
Which 401(k) plans are similar in size to Cornwell Quality Tools Company Profit Sharing 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Milkrite Interpuls, Inc. 401(k) Plan in WI ($12M, 129 participants).
Which 401(k) plans cover a similar participant headcount to Cornwell Quality Tools Company Profit Sharing 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Home-Care Pca LLC 401(k) Profit Sharing Plan & Trust in LA (305 participants, $151K 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 340165010.

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.