401(k) · DOL Form 5500 · 2024

Tom Wood, Inc. 401(k) Plan

Data updated 2026-08-25

$69M
Total assets Below avg plan size
967
Participants Near avg headcount
87th
Percentile by assets National rank
$71,375
Avg per participant Below avg balance/head
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Official DOL plan name: Tom Wood Group 401(k) Profit Sharing Plan · Sponsored by Tom Wood, Inc. · Indiana · Retail Trade

$69M in assets, 967 participants

Tom Wood, Inc.'s Tom Wood Group 401(k) Profit Sharing Plan reported $69M in total assets and 967 participants in its 2024 DOL Form 5500 filing, ranking in the 87th 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.

  • #7,484 in Retail Trade (8,048 peers)

Where Tom Wood Group 401(k) Profit Sharing Plan sits by assets

Tom Wood Group 401(k) Profit Sharing Plan sits in the top quartile of all filed plans by assets, $69M for 967 participants (~$71,375/participant), up 16.3% in 2024.

#7,484
in Retail Trade (8,048 peers)
+16.3%
assets growth YoY
0.7×
vs typical plan assets (national mean)

Tom Wood Group 401(k) Profit Sharing Plan's outsized position by total assets

Tom Wood Group 401(k) Profit Sharing Plan vs every filed plan by assets

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

$69,019,410 Top 13% higher than 87% 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

Tom Wood Group 401(k) 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. Tom Wood Group 401(k) Profit Sharing Plan sits mid-pack in the medium band (967 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Tom Wood Group 401(k) Profit Sharing Plan reported net income fell from $13M in the plan year 2023 filing to $10M in the plan year 2024 filing.
  • Tom Wood Group 401(k) Profit Sharing Plan end-of-year assets rose from $59M in the plan year 2023 filing to $69M in the plan year 2024 filing.
  • Tom Wood Group 401(k) Profit Sharing Plan reported participants rose from 951 in the plan year 2023 filing to 967 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 351363838 · Tom Wood, Inc. PY 2024 · 401(k)

Tom Wood Group 401(k) Profit Sharing Plan · $69M · 967 · 87th

  • NET $69M
  • NET 967
  • NET 87th
  • NET 401(k)
  • NET near Checkr Inc. 401(k) Plan
  • NET ind #7484

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 Retail Trade retirement plans → · Plans in Indiana →

Tom Wood Group 401(k) Profit Sharing Plan in the asset neighbourhood

Rodl Management, Inc. 401(k) Savings PlanRodl Management, Inc. 401(k)…$69MTom Wood Group 401(k) Profit Sharing PlanTom Wood Group 401(k) Profit…$69MCheckr Inc. 401(k) Plan$69MSumitomo Rubber USA LLC Employee Savings Plan for Salaried EmployeesSumitomo Rubber USA LLC Empl…$69MPrairie Electric, Inc. Profit Sharing and 401(k) Salary Deferral PlanPrairie Electric, Inc. Profi…$69M
End-of-year total assets ($M) among Tom Wood Group 401(k) 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)$59M
Net Assets (End of Year)$69M
Net Income$10M
Employer EIN351363838
Plan Effective Date1988-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Tom Wood, Inc.)

Sponsor-wide plan assets over time

All Tom Wood, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$69M 49.93332450206482% vs 2022
2024 filing year
$40M$50M$60M$70M$80M 202220232024 $46M $69M ▲ +49.9%
Year Plans Participants Total Assets
2022 1 913 $46M
2023 1 951 $59M
2024 1 967 $69M

Nearby 401(k) Plans in Indiana

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

Tom Wood Group 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Indiana, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Tom Wood Group 401(k) Profit Sharing Plan, Total assets ($B): 0.06901941 · Participants: 967Tom Wood Group 401(k) Profit Sharing PlanThe Lilly Employee 401(k) Plan, Total assets ($B): 13.056609955 · Participants: 19977The Lilly Employee 401(k) PlanElevance Health 401(k) Plan, Total assets ($B): 12.109864062 · Participants: 73120Elevance Health 401(k) PlanCummins Retirement and Savings Plan, Total assets ($B): 6.366370789 · Participants: 30272Cummins Retirement and Savings PlanIu Health 401(k) Savings Plan, Total assets ($B): 4.481656061 · Participants: 38460Iu Health 401(k) Savings PlanSteel Dynamics, Inc. Profit Sharing and Retirement Savings Plan, Total assets ($B): 2.996436059 · Participants: 9385Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan
Tom Wood Group 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Indiana, assets vs. participants

Tom Wood Group 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Indiana, the nearest 401(k) by assets is Checkr Inc. 401(k) Plan in CA ($69M); by covered participants it is Tactile Systems Technology, Inc. 401(k) Plan in MN (967 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (967 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 Tom Wood Group 401(k) Profit Sharing Plan assets move in 2024?
Tom Wood Group 401(k) Profit Sharing Plan grew sharply - up 16.3% during 2024, from $59M to $69M. Reported net income was $10M.
How have Tom Wood, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Tom Wood, Inc.'s sponsor-wide assets grew 49.9%, from $46M to $69M.
Where does Tom Wood Group 401(k) Profit Sharing Plan rank by assets among Form 5500 filers?
Tom Wood Group 401(k) Profit Sharing Plan ranks in the 87th 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 Tom Wood Group 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Checkr Inc. 401(k) Plan in CA ($69M, 1,043 participants).
Which 401(k) plans cover a similar participant headcount to Tom Wood Group 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is Tactile Systems Technology, Inc. 401(k) Plan in MN (967 participants, $44M in assets).