401(k) · DOL Form 5500 · 2023

Mar-Vel Tool Company Inc. 401(k) Plan

Data updated 2026-08-25

$3M
Total assets Small plan by assets
12
Participants Small participant base
34th
Percentile by assets National rank
$219,801
Avg per participant Above avg balance/head
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Official DOL plan name: Mar-Vel Tool Company Inc 401(k) Plan · Sponsored by Mar-Vel Tool Company Inc. · Ohio · Manufacturing

$3M in assets, 12 participants

Mar-Vel Tool Company Inc.'s Mar-Vel Tool Company Inc 401(k) Plan reported $3M in total assets and 12 participants in its 2023 DOL Form 5500 filing, ranking in the 34th 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.

  • #3,308 in Manufacturing (18,722 peers)

Mar-Vel Tool Company Inc. multi-year trail

Mar-Vel Tool Company Inc.'s plans moved +14.5% in assets from 2022 to 2024; this filing shows Mar-Vel Tool Company Inc 401(k) Plan at $3M / 12 participants.

#3,308
in Manufacturing (18,722 peers)
+17.1%
assets growth YoY

Mar-Vel Tool Company Inc 401(k) Plan's mid-pack asset rank among Manufacturing and all filers

Mar-Vel Tool Company Inc 401(k) Plan vs every filed plan by assets

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

$2,637,614 34th percentile higher than 34% 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

Mar-Vel Tool Company Inc 401(k) Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Mar-Vel Tool Company Inc 401(k) Plan is a small filing (12 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Mar-Vel Tool Company Inc 401(k) Plan reported net income rose from -$529K in the plan year 2022 filing to $384K in the plan year 2023 filing.
  • Mar-Vel Tool Company Inc 401(k) Plan end-of-year assets rose from $2M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Mar-Vel Tool Company Inc 401(k) Plan reported participants fell from 13 in the plan year 2022 filing to 12 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 311120316 · Mar-Vel Tool Company Inc. PY 2023 · 401(k)

Mar-Vel Tool Company Inc 401(k) Plan · $3M · 12 · 34th

  • NET $3M
  • NET 12
  • NET 34th
  • NET 401(k)
  • NET near Grau Law Group 401(k) Plan
  • NET ind #3308

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 →

Mar-Vel Tool Company Inc 401(k) Plan in the asset neighbourhood

Mar-Vel Tool Company Inc 401(k) PlanMar-Vel Tool Company Inc 401…$3MGrau Law Group 401(k) Plan$3MUdc 401(k) Plan$3MAnderson Electric, Inc. Incentive Savings PlanAnderson Electric, Inc. Ince…$3MCenter for New York City Neighborhoods 401(k) Profit Sharing Plan & TrustCenter for New York City Nei…$3M
End-of-year total assets ($M) among Mar-Vel Tool Company Inc 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Mar-Vel Tool Company Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Mar-Vel Tool Company Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$3M 14.547955844011758% vs 2022
2024 filing year
$2.2M$2.4M$2.6M$2.8M 202220232024 $2.25M $2.58M ▲ +14.7%
Year Plans Participants Total Assets
2022 1 13 $2M
2023 1 12 $3M
2024 1 12 $3M

Mar-Vel Tool Company Inc. filing trail (2023)

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$3M
Net Income$384K
Employer EIN311120316
Plan Effective Date1995-07-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Ohio

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

Mar-Vel Tool Company Inc 401(k) Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -50510152025 Total assets ($B) Participants Mar-Vel Tool Company Inc 401(k) Plan, Total assets ($B): 0.002637614 · Participants: 12Mar-Vel Tool Company Inc 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
Mar-Vel Tool Company Inc 401(k) Plan vs. nearby 401(k) plans in Ohio, assets vs. participants
Compare Mar-Vel Tool Company Inc 401(k) Plan side-by-side with 3 peers →

Mar-Vel Tool Company Inc 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is Grau Law Group 401(k) Plan in TX ($3M); by covered participants it is Maryland Home Care Solutions Retirement Plan in MD (12 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (12 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 Mar-Vel Tool Company Inc 401(k) Plan assets move in 2023? ▼
Mar-Vel Tool Company Inc 401(k) Plan grew sharply - up 17.1% during 2023, from $2M to $3M. Reported net income was $384K.
How have Mar-Vel Tool Company Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Mar-Vel Tool Company Inc.'s sponsor-wide assets grew 14.5%, from $2M to $3M.
Which 401(k) plans are similar in size to Mar-Vel Tool Company Inc 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Grau Law Group 401(k) Plan in TX ($3M, 9 participants).
Which 401(k) plans cover a similar participant headcount to Mar-Vel Tool Company Inc 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Maryland Home Care Solutions Retirement Plan in MD (12 participants, $2M 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 311120316.

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.