401(k) · DOL Form 5500 · 2023

Great Neck Tools, Inc. 401(k) Plan 401(k) Plan

Data updated 2026-08-25

$20M
Total assets Small plan by assets
369
Participants Below avg headcount
72nd
Percentile by assets National rank
$52,999
Avg per participant Low balance/head
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Official DOL plan name: Great Neck Tools, Inc. 401(k) Plan · Sponsored by Great Neck Tools, Inc. 401(k) Plan · New York · Manufacturing

$20M in assets, 369 participants

Great Neck Tools, Inc. 401(k) Plan's Great Neck Tools, Inc. 401(k) Plan reported $20M in total assets and 369 participants in its 2023 DOL Form 5500 filing, ranking in the 72nd 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.

  • #11,605 in Manufacturing (18,722 peers)

Coverage in New York

Great Neck Tools, Inc. 401(k) Plan covers 369 participants in New York, about 46% of the average New York filer (state average ~798 per filing). Assets: $20M.

#11,605
in Manufacturing (18,722 peers)
+8.1%
assets growth YoY

Great Neck Tools, Inc. 401(k) Plan's outsized position by total assets

Great Neck Tools, Inc. 401(k) Plan vs every filed plan by assets

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

$19,556,671 Top 28% higher than 72% 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

Great Neck Tools, Inc. 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. Great Neck Tools, Inc. 401(k) Plan sits mid-pack in the medium band (369 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Great Neck Tools, Inc. 401(k) Plan reported net income rose from -$2M in the plan year 2022 filing to $1M in the plan year 2023 filing.
  • Great Neck Tools, Inc. 401(k) Plan reported participants rose from 341 in the plan year 2022 filing to 369 in the plan year 2023 filing.
  • Great Neck Tools, Inc. 401(k) Plan end-of-year assets rose from $18M in the plan year 2022 filing to $20M in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 110834190 · Great Neck Tools, Inc. 401(k) Plan PY 2023 · 401(k)

Great Neck Tools, Inc. 401(k) Plan · $20M · 369 · 72nd

  • PHOTO $20M
  • IND 369
  • EOY 72nd
  • 5500 401(k)
  • ASSETS near Vermont Federal Credit Union 401(k) Plan and Trust
  • PCT ind #11605

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 New York →

Great Neck Tools, Inc. 401(k) Plan in the asset neighbourhood

Great Neck Tools, Inc. 401(k) PlanGreat Neck Tools, Inc. 401(k…$20MVermont Federal Credit Union 401(k) Plan and TrustVermont Federal Credit Union…$20MAbbyy USA Software House, Inc. 401(k) Profit Sharing PlanAbbyy USA Software House, In…$20MCambridge Air Solutions Employees 401(k) Profit Sharing PlanCambridge Air Solutions Empl…$20MHuman Kinetics, Inc. 401(k) PlanHuman Kinetics, Inc. 401(k) …$20M
End-of-year total assets ($M) among Great Neck Tools, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

New York filing particulars

Total Assets (Beginning of Year)$18M
Net Assets (End of Year)$20M
Net Income$1M
Employer EIN110834190
Plan Effective Date1963-12-31
Filing StatusFILING RECEIVED

Sponsor Plan History (Great Neck Tools, Inc. 401(k) Plan)

Sponsor-wide plan assets over time

All Great Neck Tools, Inc. 401(k) Plan plans reported in each filing year

Latest sponsor-wide plan assets
$20M 13.280801002446815% vs 2022
2024 filing year
$17M$18M$19M$20M$21M 202220232024 $18.1M $20.5M ▲ +13.3%
Year Plans Participants Total Assets
2022 1 341 $18M
2023 1 369 $20M
2024 1 266 $20M

Nearby 401(k) Plans in New York

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

Great Neck Tools, Inc. 401(k) Plan vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20020406080 Total assets ($B) Participants Great Neck Tools, Inc. 401(k) Plan, Total assets ($B): 0.019556671 · Participants: 369Great Neck Tools, Inc. 401(k) PlanIBM 401 (K) Plus Plan, Total assets ($B): 57.428456306 · Participants: 54912IBM 401 (K) Plus PlanPfizer Savings Plan, Total assets ($B): 19.56134085 · Participants: 30033Pfizer Savings PlanMorgan Stanley 401(k) Plan, Total assets ($B): 19.235068266 · Participants: 55363Morgan Stanley 401(k) PlanThe Pepsico Savings Plan, Total assets ($B): 13.651296 · Participants: 133597The Pepsico Savings PlanThe Goldman Sachs 401(k) Plan, Total assets ($B): 11.428659742 · Participants: 24866The Goldman Sachs 401(k) Plan
Great Neck Tools, Inc. 401(k) Plan vs. nearby 401(k) plans in New York, assets vs. participants
Compare Great Neck Tools, Inc. 401(k) Plan side-by-side with 3 peers →

Great Neck Tools, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside New York, the nearest 401(k) by assets is Vermont Federal Credit Union 401(k) Plan and Trust in VT ($20M); by covered participants it is Material Control, Inc. 401(k) Plan in IL (369 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (369 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 Great Neck Tools, Inc. 401(k) Plan assets move in 2023? ▼
Great Neck Tools, Inc. 401(k) Plan grew at a solid clip - up 8.1% during 2023, from $18M to $20M. Reported net income was $1M.
How have Great Neck Tools, Inc. 401(k) Plan plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Great Neck Tools, Inc. 401(k) Plan's sponsor-wide assets grew 13.3%, from $18M to $20M.
Which 401(k) plans are similar in size to Great Neck Tools, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Vermont Federal Credit Union 401(k) Plan and Trust in VT ($20M, 163 participants).
Which 401(k) plans cover a similar participant headcount to Great Neck Tools, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Material Control, Inc. 401(k) Plan in IL (369 participants, $23M 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 110834190.

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.