401(k) · DOL Form 5500 · 2024

Tool North, Inc. 401(k) Plan

Data updated 2026-08-25

$2M
Total assets Small plan by assets
37
Participants Small participant base
29th
Percentile by assets National rank
$49,764
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Tool North, Inc. 401(k) Plan & Trust · Sponsored by Tool North, Inc. · Michigan · Manufacturing

$2M in assets, 37 participants

Tool North, Inc.'s Tool North, Inc. 401(k) Plan & Trust reported $2M in total assets and 37 participants in its 2024 DOL Form 5500 filing, ranking in the 29th 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.

  • #2,366 in Manufacturing (17,777 peers)

Tool North, Inc. multi-year trail

Tool North, Inc.'s plans moved +456.8% in assets from 2022 to 2024; this filing shows Tool North, Inc. 401(k) Plan & Trust at $2M / 37 participants.

#2,366
in Manufacturing (17,777 peers)
+6.2%
assets growth YoY

Tool North, Inc. 401(k) Plan & Trust among the smaller filed plans by assets

Tool North, Inc. 401(k) Plan & Trust vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$1,841,259 29th percentile higher than 29% of 123,620 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 2024

Tool North, Inc. 401(k) Plan & Trust among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Tool North, Inc. 401(k) Plan & Trust is a small filing (37 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Tool North, Inc. 401(k) Plan & Trust reported net income fell from $266K in the plan year 2023 filing to $107K in the plan year 2024 filing.
  • Tool North, Inc. 401(k) Plan & Trust reported participants rose from 31 in the plan year 2023 filing to 37 in the plan year 2024 filing.
  • Tool North, Inc. 401(k) Plan & Trust end-of-year assets rose from $2M in the plan year 2023 filing to $2M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 810877376 · Tool North, Inc. PY 2024 · 401(k)

Tool North, Inc. 401(k) Plan & Trust · $2M · 37 · 29th

  • BOOK $2M
  • VS-ST 37
  • BOY 29th
  • SCH 401(k)
  • EBSA near Twin Tier Hospitality 401(k) Plan
  • PART ind #2366

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 Michigan →

Tool North, Inc. 401(k) Plan & Trust in the asset neighbourhood

Tool North, Inc. 401(k) Plan & TrustTool North, Inc. 401(k) Plan…$2MTwin Tier Hospitality 401(k) PlanTwin Tier Hospitality 401(k)…$2MDustin Durden Dds & Katina Pit 401(k) Profit Sharing Plan & TrustDustin Durden Dds & Katina P…$2MRutherford Investment Manageme 401(k) Profit Sharing Plan & TrustRutherford Investment Manage…$2MJuan Carlos Canale Md 401(k) Profit Sharing PlanJuan Carlos Canale Md 401(k)…$2M
End-of-year total assets ($M) among Tool North, Inc. 401(k) Plan & Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Tool North, Inc. multi-year asset trail

Sponsor-wide plan assets over time

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

Latest sponsor-wide plan assets
$8M 456.7508068917447% vs 2022
2024 filing year
$0M$5M$10M 202220232024 $1.47M $8.17M ▲ +455.8%
Year Plans Participants Total Assets
2022 1 26 $1M
2023 2 58 $3M
2024 2 65 $8M

Tool North, Inc. filing trail (2024)

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$2M
Net Income$107K
Employer EIN810877376
Plan Effective Date1993-04-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Michigan

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

Tool North, Inc. 401(k) Plan & Trust vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -100102030 Total assets ($B) Participants Tool North, Inc. 401(k) Plan & Trust, Total assets ($B): 0.001841259 · Participants: 37Tool North, Inc. 401(k) Plan & TrustGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 23.0591668 · Participants: 43053General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 17.26893589 · Participants: 31790Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 10.768606712 · Participants: 17128The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 9.568379082 · Participants: 42513The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 8.2932975 · Participants: 60497Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Tool North, Inc. 401(k) Plan & Trust vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Tool North, Inc. 401(k) Plan & Trust side-by-side with 3 peers →

Tool North, Inc. 401(k) Plan & Trust's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Twin Tier Hospitality 401(k) Plan in OH ($2M); by covered participants it is Carnahan Evans PC Profit Sharing Plan in MO (37 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (37 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Tool North, Inc. 401(k) Plan & Trust assets move in 2024? ▼
Tool North, Inc. 401(k) Plan & Trust grew at a solid clip - up 6.2% during 2024, from $2M to $2M. Reported net income was $107K.
How have Tool North, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Tool North, Inc.'s sponsor-wide assets grew 456.8%, from $1M to $8M.
Which 401(k) plans are similar in size to Tool North, Inc. 401(k) Plan & Trust? ▼
Among 401(k) plans in other states, the closest by assets is Twin Tier Hospitality 401(k) Plan in OH ($2M, 203 participants).
Which 401(k) plans cover a similar participant headcount to Tool North, Inc. 401(k) Plan & Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Carnahan Evans PC Profit Sharing Plan in MO (37 participants, $17M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 810877376.

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.