401(k) · DOL Form 5500 · 2024

Burr Oak Tool Inc. 401(k) Plan

Data updated 2026-08-25

$73M
Total assets Below avg plan size
353
Participants Below avg headcount
88th
Percentile by assets National rank
$207,652
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Burr Oak Tool Inc. Employees' Profit Sharing Plan · Sponsored by Burr Oak Tool Inc. · Michigan · Manufacturing

$73M in assets, 353 participants

Burr Oak Tool Inc.'s Burr Oak Tool Inc. Employees' Profit Sharing Plan reported $73M in total assets and 353 participants in its 2024 DOL Form 5500 filing, ranking in the 88th 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.

  • #14,661 in Manufacturing (17,777 peers)

Where Burr Oak Tool Inc. Employees' Profit Sharing Plan sits by assets

Burr Oak Tool Inc. Employees' Profit Sharing Plan sits in the top quartile of all filed plans by assets, $73M for 353 participants (~$207,652/participant), up 4.8% in 2024.

#14,661
in Manufacturing (17,777 peers)
+4.8%
assets growth YoY
0.7×
vs typical plan assets (national mean)

Burr Oak Tool Inc. Employees' Profit Sharing Plan's outsized position by total assets

Burr Oak Tool Inc. Employees' Profit Sharing Plan vs every filed plan by assets

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

$73,301,135 Top 12% higher than 88% 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

Burr Oak Tool Inc. Employees' Profit Sharing Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Burr Oak Tool Inc. Employees' Profit Sharing Plan sits mid-pack in the medium band (353 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Burr Oak Tool Inc. Employees' Profit Sharing Plan reported net income fell from $5M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Burr Oak Tool Inc. Employees' Profit Sharing Plan end-of-year assets rose from $70M in the plan year 2023 filing to $73M in the plan year 2024 filing.
  • Burr Oak Tool Inc. Employees' Profit Sharing Plan reported participants rose from 339 in the plan year 2023 filing to 353 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 381218471 · Burr Oak Tool Inc. PY 2024 · 401(k)

Burr Oak Tool Inc. Employees' Profit Sharing Plan · $73M · 353 · 88th

  • PART $73M
  • TYPE 353
  • NET 88th
  • BOOK 401(k)
  • VS-ST near Mannkind Corporation 401(k) Plan
  • BOY ind #14661

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 →

Burr Oak Tool Inc. Employees' Profit Sharing Plan in the asset neighbourhood

Avon Personal Savings Account PlanAvon Personal Savings Accoun…$73MBowles Rice 401(k) Profit Sharing PlanBowles Rice 401(k) Profit Sh…$73MThe Center for Discovery Retirement PlanThe Center for Discovery Ret…$73MBurr Oak Tool Inc. Employees' Profit Sharing PlanBurr Oak Tool Inc. Employees…$73MMannkind Corporation 401(k) PlanMannkind Corporation 401(k) …$73M
End-of-year total assets ($M) among Burr Oak Tool Inc. Employees' Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$70M
Net Assets (End of Year)$73M
Net Income$3M
Employer EIN381218471
Plan Effective Date1985-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Burr Oak Tool Inc.)

Sponsor-wide plan assets over time

All Burr Oak Tool Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$73M 13.193678689569197% vs 2022
2024 filing year
$60M$65M$70M$75M 202220232024 $64.8M $73.3M ▲ +13.2%
Year Plans Participants Total Assets
2022 1 343 $65M
2023 1 339 $70M
2024 1 353 $73M

Nearby 401(k) Plans in Michigan

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

Burr Oak Tool Inc. Employees' Profit Sharing Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -100102030 Total assets ($B) Participants Burr Oak Tool Inc. Employees' Profit Sharing Plan, Total assets ($B): 0.073301135 · Participants: 353Burr Oak Tool Inc. Employees' Profit Sharing PlanGeneral 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
Burr Oak Tool Inc. Employees' Profit Sharing Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

Burr Oak Tool Inc. Employees' Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Mannkind Corporation 401(k) Plan in CA ($73M); by covered participants it is Extraco Corporation Retirement Plan in TX (353 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 (353 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 Burr Oak Tool Inc. Employees' Profit Sharing Plan assets move in 2024?
Burr Oak Tool Inc. Employees' Profit Sharing Plan edged up modestly - up 4.8% during 2024, from $70M to $73M. Reported net income was $3M.
How have Burr Oak Tool Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Burr Oak Tool Inc.'s sponsor-wide assets grew 13.2%, from $65M to $73M.
Where does Burr Oak Tool Inc. Employees' Profit Sharing Plan rank by assets among Form 5500 filers?
Burr Oak Tool Inc. Employees' Profit Sharing Plan ranks in the 88th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Burr Oak Tool Inc. Employees' Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Mannkind Corporation 401(k) Plan in CA ($73M, 416 participants).
Which 401(k) plans cover a similar participant headcount to Burr Oak Tool Inc. Employees' Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is Extraco Corporation Retirement Plan in TX (353 participants, $60M in assets).