401(k) · DOL Form 5500 · 2024

Grossel Tool Company 401(k) Plan

Data updated 2026-08-25

$3M
Total assets Small plan by assets
14
Participants Small participant base
35th
Percentile by assets National rank
$227,679
Avg per participant Above avg balance/head
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Official DOL plan name: Grossel Tool Company 401(k) Retirement Plan · Sponsored by Grossel Tool Company · Michigan · Manufacturing

$3M in assets, 14 participants

Grossel Tool Company's Grossel Tool Company 401(k) Retirement Plan reported $3M in total assets and 14 participants in its 2024 DOL Form 5500 filing, ranking in the 35th 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.

  • #3,259 in Manufacturing (17,777 peers)

Grossel Tool Company multi-year trail

Grossel Tool Company's plans moved +20.5% in assets from 2022 to 2024; this filing shows Grossel Tool Company 401(k) Retirement Plan at $3M / 14 participants.

#3,259
in Manufacturing (17,777 peers)
+14.7%
assets growth YoY

Grossel Tool Company 401(k) Retirement Plan's mid-pack asset rank among Manufacturing and all filers

Grossel Tool Company 401(k) Retirement Plan vs every filed plan by assets

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

$3,187,509 35th percentile higher than 35% 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

Grossel Tool Company 401(k) Retirement Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Grossel Tool Company 401(k) Retirement Plan is a small filing (14 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Grossel Tool Company 401(k) Retirement Plan reported net income rose from $134K in the plan year 2023 filing to $408K in the plan year 2024 filing.
  • Grossel Tool Company 401(k) Retirement Plan end-of-year assets rose from $3M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Grossel Tool Company 401(k) Retirement Plan reported participants fell from 15 in the plan year 2023 filing to 14 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 381534921 · Grossel Tool Company PY 2024 · 401(k)

Grossel Tool Company 401(k) Retirement Plan · $3M · 14 · 35th

  • PHOTO $3M
  • IND 14
  • EOY 35th
  • 5500 401(k)
  • ASSETS near Newport Assets, Inc./First Fruit, Inc. 401(k) Plan
  • PCT ind #3259

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 →

Grossel Tool Company 401(k) Retirement Plan in the asset neighbourhood

Grossel Tool Company 401(k) Retirement PlanGrossel Tool Company 401(k) …$3MNewport Assets, Inc./First Fruit, Inc. 401(k) PlanNewport Assets, Inc./First F…$3MEpco, LLC 401(k) Plan$3MEmployee Benefits Plan of Grand Prairie ServicesEmployee Benefits Plan of Gr…$3MMahaffey Apartment Company 401(k) PlanMahaffey Apartment Company 4…$3M
End-of-year total assets ($M) among Grossel Tool Company 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Grossel Tool Company multi-year asset trail

Sponsor-wide plan assets over time

All Grossel Tool Company plans reported in each filing year

Latest sponsor-wide plan assets
$3M 20.524863027424765% vs 2022
2024 filing year
$2.4M$2.6M$2.8M$3M$3.2M$3.4M 202220232024 $2.64M $3.19M ▲ +20.8%
Year Plans Participants Total Assets
2022 1 15 $3M
2023 1 15 $3M
2024 1 14 $3M

Grossel Tool Company filing trail (2024)

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$3M
Net Income$408K
Employer EIN381534921
Plan Effective Date1996-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Michigan

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

Grossel Tool Company 401(k) Retirement Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -100102030 Total assets ($B) Participants Grossel Tool Company 401(k) Retirement Plan, Total assets ($B): 0.003187509 · Participants: 14Grossel Tool Company 401(k) Retirement 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
Grossel Tool Company 401(k) Retirement Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Grossel Tool Company 401(k) Retirement Plan side-by-side with 3 peers →

Grossel Tool Company 401(k) Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Newport Assets, Inc./First Fruit, Inc. 401(k) Plan in CA ($3M); by covered participants it is Layne Pumps, Inc. 401(k) Profit Sharing Plan in ID (14 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (14 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 Grossel Tool Company 401(k) Retirement Plan assets move in 2024? ▼
Grossel Tool Company 401(k) Retirement Plan grew at a solid clip - up 14.7% during 2024, from $3M to $3M. Reported net income was $408K.
How have Grossel Tool Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Grossel Tool Company's sponsor-wide assets grew 20.5%, from $3M to $3M.
Which 401(k) plans are similar in size to Grossel Tool Company 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Newport Assets, Inc./First Fruit, Inc. 401(k) Plan in CA ($3M, 11 participants).
Which 401(k) plans cover a similar participant headcount to Grossel Tool Company 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Layne Pumps, Inc. 401(k) Profit Sharing Plan in ID (14 participants, $3M 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 381534921.

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.