401(k) · DOL Form 5500 · 2024

General Tool Company 401(k) Plan

Data updated 2026-08-25

$24M
Total assets Small plan by assets
252
Participants Below avg headcount
74th
Percentile by assets National rank
$94,936
Avg per participant Below avg balance/head
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Official DOL plan name: General Tool Company, Incorporated 401(k) Plan · Sponsored by General Tool Company · Ohio · Manufacturing

$24M in assets, 252 participants

General Tool Company's General Tool Company, Incorporated 401(k) Plan reported $24M in total assets and 252 participants in its 2024 DOL Form 5500 filing, ranking in the 74th 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.

  • #11,346 in Manufacturing (17,777 peers)

Coverage in Ohio

General Tool Company, Incorporated 401(k) Plan covers 252 participants in Ohio, about 33% of the average Ohio filer (state average ~765 per filing). Assets: $24M.

#11,346
in Manufacturing (17,777 peers)
+13.6%
assets growth YoY

General Tool Company, Incorporated 401(k) Plan's outsized position by total assets

General Tool Company, Incorporated 401(k) Plan vs every filed plan by assets

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

$23,923,961 Top 26% higher than 74% 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

General Tool Company, Incorporated 401(k) 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. General Tool Company, Incorporated 401(k) Plan sits mid-pack in the medium band (252 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • General Tool Company, Incorporated 401(k) Plan end-of-year assets rose from $21M in the plan year 2023 filing to $24M in the plan year 2024 filing.
  • General Tool Company, Incorporated 401(k) Plan reported participants rose from 237 in the plan year 2023 filing to 252 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 310533100 · General Tool Company PY 2024 · 401(k)

General Tool Company, Incorporated 401(k) Plan · $24M · 252 · 74th

  • VS-ST $24M
  • BOY 252
  • SCH 74th
  • EBSA 401(k)
  • PART near The Arthur Companies, Inc. 401(k) Profit Sharing Plan
  • TYPE ind #11346

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 →

General Tool Company, Incorporated 401(k) Plan in the asset neighbourhood

General Tool Company, Incorporated 401(k) PlanGeneral Tool Company, Incorp…$24MThe Arthur Companies, Inc. 401(k) Profit Sharing PlanThe Arthur Companies, Inc. 4…$24MCovalent Group 401(k) Plan$24MStandard Drywall, Inc. 401(k) PlanStandard Drywall, Inc. 401(k…$24MRj Noble & Affiliated Companies 401(k) Profit Sharing PlanRj Noble & Affiliated Compan…$24M
End-of-year total assets ($M) among General Tool Company, Incorporated 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Ohio filing particulars

Total Assets (Beginning of Year)$21M
Net Assets (End of Year)$24M
Net Income$3M
Employer EIN310533100
Plan Effective Date1963-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (General Tool Company)

Sponsor-wide plan assets over time

All General Tool Company plans reported in each filing year

Latest sponsor-wide plan assets
$24M 31.92882361086426% vs 2022
2024 filing year
$16M$18M$20M$22M$24M$26M 202220232024 $18.1M $23.9M ▲ +31.9%
Year Plans Participants Total Assets
2022 1 258 $18M
2023 1 237 $21M
2024 1 252 $24M

Nearby 401(k) Plans in Ohio

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

General Tool Company, Incorporated 401(k) Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -505101520 Total assets ($B) Participants General Tool Company, Incorporated 401(k) Plan, Total assets ($B): 0.023923961 · Participants: 252General Tool Company, Incorporated 401(k) PlanGE Aerospace Retirement Savings Plan, Total assets ($B): 14.738724553 · Participants: 45620GE Aerospace Retirement Savings PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 11.809161 · Participants: 135373The Kroger Co. 401(k) Retirement Savings Account PlanThe Progressive 401(k) Plan, Total assets ($B): 11.533546294 · Participants: 62521The Progressive 401(k) PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 10.563559628 · Participants: 47459The Sherwin-Williams Company 401(k) PlanParker Retirement Savings Plan, Total assets ($B): 9.010073432 · Participants: 26315Parker Retirement Savings Plan
General Tool Company, Incorporated 401(k) Plan vs. nearby 401(k) plans in Ohio, assets vs. participants
Compare General Tool Company, Incorporated 401(k) Plan side-by-side with 3 peers →

General Tool Company, Incorporated 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is The Arthur Companies, Inc. 401(k) Profit Sharing Plan in ND ($24M); by covered participants it is Gilcrest-Jewett Lumber Company Profit Sharing Plan in IA (252 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (252 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 General Tool Company, Incorporated 401(k) Plan assets move in 2024? ▼
General Tool Company, Incorporated 401(k) Plan grew at a solid clip - up 13.6% during 2024, from $21M to $24M. Reported net income was $3M.
How have General Tool Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), General Tool Company's sponsor-wide assets grew 31.9%, from $18M to $24M.
Which 401(k) plans are similar in size to General Tool Company, Incorporated 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is The Arthur Companies, Inc. 401(k) Profit Sharing Plan in ND ($24M, 163 participants).
Which 401(k) plans cover a similar participant headcount to General Tool Company, Incorporated 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Gilcrest-Jewett Lumber Company Profit Sharing Plan in IA (252 participants, N/A 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 310533100.

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.