401(k) · DOL Form 5500 · 2024

Mar-Vel Tool Company Inc. 401(k) Plan

Data updated 2026-08-25

$3M
Total assets Small plan by assets
12
Participants Small participant base
32nd
Percentile by assets National rank
$215,100
Avg per participant Above avg balance/head
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Official DOL plan name: Mar-Vel Tool Company Inc 401(k) Plan · Sponsored by Mar-Vel Tool Company Inc. · Ohio · Manufacturing

$3M in assets, 12 participants

Mar-Vel Tool Company Inc.'s Mar-Vel Tool Company Inc 401(k) Plan reported $3M in total assets and 12 participants in its 2024 DOL Form 5500 filing, ranking in the 32nd 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.

  • #2,876 in Manufacturing (17,777 peers)

Mar-Vel Tool Company Inc. multi-year trail

Mar-Vel Tool Company Inc.'s plans moved +14.5% in assets from 2022 to 2024; this filing shows Mar-Vel Tool Company Inc 401(k) Plan at $3M / 12 participants.

#2,876
in Manufacturing (17,777 peers)
-2.1%
assets change YoY

The plan reported a net loss of $56K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Mar-Vel Tool Company Inc 401(k) Plan among the smaller filed plans by assets

Mar-Vel Tool Company Inc 401(k) Plan vs every filed plan by assets

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

$2,581,195 32nd percentile higher than 32% 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

Mar-Vel Tool Company Inc 401(k) 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. Mar-Vel Tool Company Inc 401(k) Plan is a small filing (12 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Mar-Vel Tool Company Inc 401(k) Plan reported net income fell from $384K in the plan year 2023 filing to -$56K in the plan year 2024 filing.
  • Mar-Vel Tool Company Inc 401(k) Plan end-of-year assets fell from $3M in the plan year 2023 filing to $3M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 311120316 · Mar-Vel Tool Company Inc. PY 2024 · 401(k)

Mar-Vel Tool Company Inc 401(k) Plan · $3M · 12 · 32nd

  • EIN $3M
  • EIN 12
  • EIN 32nd
  • EIN 401(k)
  • EIN near Sfr3 Renovation LLC 401(k) Plan
  • EIN ind #2876

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 →

Mar-Vel Tool Company Inc 401(k) Plan in the asset neighbourhood

Mar-Vel Tool Company Inc 401(k) PlanMar-Vel Tool Company Inc 401…$3MSfr3 Renovation LLC 401(k) PlanSfr3 Renovation LLC 401(k) P…$3MHudson Vineyards Retirement PlanHudson Vineyards Retirement …$3MAshkris Corp 401(k) Plan$3MWhalen Restoration Services, Inc. 401(k) Profit Sharing PlanWhalen Restoration Services,…$3M
End-of-year total assets ($M) among Mar-Vel Tool Company Inc 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Mar-Vel Tool Company Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Mar-Vel Tool Company Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$3M 14.547955844011758% vs 2022
2024 filing year
$2.2M$2.4M$2.6M$2.8M 202220232024 $2.25M $2.58M ▲ +14.7%
Year Plans Participants Total Assets
2022 1 13 $2M
2023 1 12 $3M
2024 1 12 $3M

Mar-Vel Tool Company Inc. filing trail (2024)

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$3M
Net Income-$56K
Employer EIN311120316
Plan Effective Date1995-07-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Ohio

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

Mar-Vel Tool Company Inc 401(k) Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -505101520 Total assets ($B) Participants Mar-Vel Tool Company Inc 401(k) Plan, Total assets ($B): 0.002581195 · Participants: 12Mar-Vel Tool Company Inc 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
Mar-Vel Tool Company Inc 401(k) Plan vs. nearby 401(k) plans in Ohio, assets vs. participants

Mar-Vel Tool Company Inc 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is Sfr3 Renovation LLC 401(k) Plan in NY ($3M); by covered participants it is Hoyt Hayes, Jr. Construction, Inc. Profit Sharing Plan in TN (12 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($3M here).

Similar participant headcount

Nearest other-state filings by covered participants (12 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 Mar-Vel Tool Company Inc 401(k) Plan assets move in 2024?
Mar-Vel Tool Company Inc 401(k) Plan edged down modestly - down 2.1% during 2024, from $3M to $3M. Reported net income was -$56K.
How have Mar-Vel Tool Company Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Mar-Vel Tool Company Inc.'s sponsor-wide assets grew 14.5%, from $2M to $3M.
Which 401(k) plans are similar in size to Mar-Vel Tool Company Inc 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Sfr3 Renovation LLC 401(k) Plan in NY ($3M, 247 participants).
Which 401(k) plans cover a similar participant headcount to Mar-Vel Tool Company Inc 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Hoyt Hayes, Jr. Construction, Inc. Profit Sharing Plan in TN (12 participants, $9M in assets).