401(k)
2024 plan-year 401(k) DOL Form 5500

WRIGHT TOOL COMPANY RETIREMENT SAVINGS PLAN AND TRUST

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

WRIGHT TOOL COMPANY

This 401(k) plan holds $10M in total assets and serves 142 participants as of 2024. It is sponsored by WRIGHT TOOL COMPANY in Ohio. The plan reported a net loss of $473K for the year.

Total Assets (2023)
$10M
Participants
142
State
Industry
Manufacturing

What the Filing Says About WRIGHT TOOL COMPANY RETIREMENT SAVINGS PLAN AND TRUST

WRIGHT TOOL COMPANY RETIREMENT SAVINGS PLAN AND TRUST is a 401(k) retirement plan sponsored by WRIGHT TOOL COMPANY, headquartered in Ohio. As of the 2024 Form 5500 filing, the plan reports $10M in total end-of-year assets and covers 142 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 340629970, and the plan has been effective since 1988-11-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $11M at the beginning of 2024 to $10M at year-end — a decline of 4.4%. Net assets (after liabilities) closed the year at $10M, with reported net income of $-473,382 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$11M
Total Assets (End of Year)$10M
Net Assets (End of Year)$10M
Net Income$-473,382
Plan Type401(k)
Employer EIN340629970
Plan Effective Date1988-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (WRIGHT TOOL COMPANY)

Year Plans Participants Total Assets
2022 1 101 $10M
2023 1 148 $11M
2024 1 142 $10M

Nearby 401(k) Plans in Ohio

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

Frequently Asked Questions

How much money is in the WRIGHT TOOL COMPANY RETIREMENT SAVINGS PLAN AND TRUST?
As of the 2024 Form 5500 filing, WRIGHT TOOL COMPANY RETIREMENT SAVINGS PLAN AND TRUST holds $10M in total assets with 142 participants. It is sponsored by WRIGHT TOOL COMPANY.
What type of plan is WRIGHT TOOL COMPANY RETIREMENT SAVINGS PLAN AND TRUST?
WRIGHT TOOL COMPANY RETIREMENT SAVINGS PLAN AND TRUST is a 401(k) plan. It has been effective since 1988-11-01. The plan is filed with the U.S. Department of Labor under EIN 340629970.
Who sponsors the WRIGHT TOOL COMPANY RETIREMENT SAVINGS PLAN AND TRUST?
WRIGHT TOOL COMPANY RETIREMENT SAVINGS PLAN AND TRUST is sponsored by WRIGHT TOOL COMPANY, located in Ohio. The sponsor's EIN is 340629970 and the plan operates in the Manufacturing industry.
How did WRIGHT TOOL COMPANY RETIREMENT SAVINGS PLAN AND TRUST perform in 2024?
WRIGHT TOOL COMPANY RETIREMENT SAVINGS PLAN AND TRUST declined by 4.4% during 2024, moving from $11M to $10M in total assets. Net income was $-473,382.
Where can I find official filings for WRIGHT TOOL COMPANY RETIREMENT SAVINGS PLAN AND TRUST?
Official Form 5500 filings for WRIGHT TOOL COMPANY RETIREMENT SAVINGS PLAN AND TRUST are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 340629970 or plan name at efast.dol.gov.
How does WRIGHT TOOL COMPANY RETIREMENT SAVINGS PLAN AND TRUST compare to other plans?
You can compare WRIGHT TOOL COMPANY RETIREMENT SAVINGS PLAN AND TRUST against other 401(k) plans on the plan type page, or view plans in Ohio on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

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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 340629970.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.