401(k) · DOL Form 5500 · 2024

Pequot Tool & Mfg. 401(k) Plan

Data updated 2026-08-25

$24M
Total assets Small plan by assets
205
Participants Below avg headcount
73rd
Percentile by assets National rank
$114,958
Avg per participant Below avg balance/head
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Official DOL plan name: Pequot Tool & Mfg., Inc. Employees Savings Trust · Sponsored by Pequot Tool & Mfg. · Minnesota · Manufacturing

$24M in assets, 205 participants

Pequot Tool & Mfg.'s Pequot Tool & Mfg., Inc. Employees Savings Trust reported $24M in total assets and 205 participants in its 2024 DOL Form 5500 filing, ranking in the 73rd 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.

  • #11,281 in Manufacturing (17,777 peers)

Coverage in Minnesota

Pequot Tool & Mfg., Inc. Employees Savings Trust covers 205 participants in Minnesota, about 18% of the average Minnesota filer (state average ~1,126 per filing). Assets: $24M.

#11,281
in Manufacturing (17,777 peers)
+17.3%
assets growth YoY

Pequot Tool & Mfg., Inc. Employees Savings Trust's outsized position by total assets

Pequot Tool & Mfg., Inc. Employees Savings Trust vs every filed plan by assets

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

$23,566,328 Top 27% higher than 73% 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

Pequot Tool & Mfg., Inc. Employees Savings Trust 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. Pequot Tool & Mfg., Inc. Employees Savings Trust sits mid-pack in the medium band (205 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Pequot Tool & Mfg., Inc. Employees Savings Trust reported net income fell from $4M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Pequot Tool & Mfg., Inc. Employees Savings Trust end-of-year assets rose from $20M in the plan year 2023 filing to $24M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 411410590 · Pequot Tool & Mfg. PY 2024 · 401(k)

Pequot Tool & Mfg., Inc. Employees Savings Trust · $24M · 205 · 73rd

  • RANK $24M
  • PHOTO 205
  • IND 73rd
  • EOY 401(k)
  • 5500 near Strato, Inc. 401(k) Profit Sharing Plan
  • ASSETS ind #11281

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 Minnesota →

Pequot Tool & Mfg., Inc. Employees Savings Trust in the asset neighbourhood

Pequot Tool & Mfg., Inc. Employees Savings TrustPequot Tool & Mfg., Inc. Emp…$24MStrato, Inc. 401(k) Profit Sharing PlanStrato, Inc. 401(k) Profit S…$24MGeneral Carbide Corporation Retirement Savings PlanGeneral Carbide Corporation …$24MAxpm Dental Management, LLC 401(k) PlanAxpm Dental Management, LLC …$24MShp 401(k) Retirement Plan$24M
End-of-year total assets ($M) among Pequot Tool & Mfg., Inc. Employees Savings Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Minnesota filing particulars

Total Assets (Beginning of Year)$20M
Net Assets (End of Year)$24M
Net Income$3M
Employer EIN411410590
Plan Effective Date2008-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Pequot Tool & Mfg.)

Sponsor-wide plan assets over time

All Pequot Tool & Mfg. plans reported in each filing year

Latest sponsor-wide plan assets
$24M 49.89978302807722% vs 2022
2024 filing year
$10M$15M$20M$25M 202220232024 $15.7M $23.6M ▲ +49.9%
Year Plans Participants Total Assets
2022 1 191 $16M
2023 1 206 $20M
2024 1 205 $24M

Nearby 401(k) Plans in Minnesota

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

Pequot Tool & Mfg., Inc. Employees Savings Trust vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -20020406080 Total assets ($B) Participants Pequot Tool & Mfg., Inc. Employees Savings Trust, Total assets ($B): 0.023566328 · Participants: 205Pequot Tool & Mfg., Inc. Employees Savings TrustWells Fargo & Company 401(k) Plan, Total assets ($B): 57.886997456 · Participants: 179076Wells Fargo & Company 401(k) PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 26.618762181 · Participants: 205460Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 14.419645154 · Participants: 409649Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 13.719378 · Participants: 38480Medtronic Savings and Investment PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 11.442089862 · Participants: 73109U.S. Bank 401(k) Savings Plan
Pequot Tool & Mfg., Inc. Employees Savings Trust vs. nearby 401(k) plans in Minnesota, assets vs. participants

Pequot Tool & Mfg., Inc. Employees Savings Trust's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Strato, Inc. 401(k) Profit Sharing Plan in NJ ($24M); by covered participants it is T5 Data Centers LLC 401(k) Profit Sharing Plan & Trust in GA (205 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($24M here).

Similar participant headcount

Nearest other-state filings by covered participants (205 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 Pequot Tool & Mfg., Inc. Employees Savings Trust assets move in 2024?
Pequot Tool & Mfg., Inc. Employees Savings Trust grew sharply - up 17.3% during 2024, from $20M to $24M. Reported net income was $3M.
How have Pequot Tool & Mfg. plan assets changed over time?
Across 3 plan years on file (2022-2024), Pequot Tool & Mfg.'s sponsor-wide assets grew 49.9%, from $16M to $24M.
Which 401(k) plans are similar in size to Pequot Tool & Mfg., Inc. Employees Savings Trust?
Among 401(k) plans in other states, the closest by assets is Strato, Inc. 401(k) Profit Sharing Plan in NJ ($24M, 101 participants).
Which 401(k) plans cover a similar participant headcount to Pequot Tool & Mfg., Inc. Employees Savings Trust?
Among 401(k) plans in other states, the closest by covered participants is T5 Data Centers LLC 401(k) Profit Sharing Plan & Trust in GA (205 participants, N/A in assets).