401(k) · DOL Form 5500 · 2024

Meyer Tool, Inc. 401(k) Plan

Data updated 2026-08-25

$83M
Total assets Below avg plan size
1,239
Participants Near avg headcount
89th
Percentile by assets National rank
$66,594
Avg per participant Below avg balance/head
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Official DOL plan name: Meyer Tool 401(k) and Profit Sharing Plan · Sponsored by Meyer Tool, Inc. · Ohio · Manufacturing

$83M in assets, 1,239 participants

Meyer Tool, Inc.'s Meyer Tool 401(k) and Profit Sharing Plan reported $83M in total assets and 1,239 participants in its 2024 DOL Form 5500 filing, ranking in the 89th 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.

  • #14,889 in Manufacturing (17,777 peers)

Where Meyer Tool 401(k) and Profit Sharing Plan sits by assets

Meyer Tool 401(k) and Profit Sharing Plan sits in the top quartile of all filed plans by assets, $83M for 1,239 participants (~$66,594/participant), up 12.4% in 2024.

#14,889
in Manufacturing (17,777 peers)
+12.4%
assets growth YoY
0.8×
vs typical plan assets (national mean)

Meyer Tool 401(k) and Profit Sharing Plan's outsized position by total assets

Meyer Tool 401(k) and Profit Sharing Plan vs every filed plan by assets

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

$82,509,408 Top 11% higher than 89% 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

Meyer Tool 401(k) and Profit Sharing Plan's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Meyer Tool 401(k) and Profit Sharing Plan lands in the large band (1,239 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Meyer Tool 401(k) and Profit Sharing Plan reported net income fell from $12M in the plan year 2023 filing to $9M in the plan year 2024 filing.
  • Meyer Tool 401(k) and Profit Sharing Plan end-of-year assets rose from $73M in the plan year 2023 filing to $83M in the plan year 2024 filing.
  • Meyer Tool 401(k) and Profit Sharing Plan reported participants rose from 1,113 in the plan year 2023 filing to 1,239 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 310874289 · Meyer Tool, Inc. PY 2024 · 401(k)

Meyer Tool 401(k) and Profit Sharing Plan · $83M · 1,239 · 89th

  • PCT $83M
  • PCT 1,239
  • PCT 89th
  • PCT 401(k)
  • PCT near New York Central Mutual Fire Insurance Company 401(k) Retirement Savings Plan
  • PCT ind #14889

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 →

Meyer Tool 401(k) and Profit Sharing Plan in the asset neighbourhood

Meyer Tool 401(k) and Profit Sharing PlanMeyer Tool 401(k) and Profit…$83MNew York Central Mutual Fire Insurance Company 401(k) Retirement Savings PlanNew York Central Mutual Fire…$83MTree Top, Inc. Salary Savings PlanTree Top, Inc. Salary Saving…$83MTcom, L.P. Employees' Savings PlanTcom, L.P. Employees' Saving…$83MFasken Oil and Ranch, Ltd. 401(k) PlanFasken Oil and Ranch, Ltd. 4…$83M
End-of-year total assets ($M) among Meyer Tool 401(k) and 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)$73M
Net Assets (End of Year)$83M
Net Income$9M
Employer EIN310874289
Plan Effective Date1984-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Meyer Tool, Inc.)

Sponsor-wide plan assets over time

All Meyer Tool, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$83M 33.49877959623731% vs 2022
2024 filing year
$50M$60M$70M$80M$90M 202220232024 $61.8M $82.5M ▲ +33.5%
Year Plans Participants Total Assets
2022 1 1,111 $62M
2023 1 1,113 $73M
2024 1 1,239 $83M

Nearby 401(k) Plans in Ohio

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

Meyer Tool 401(k) and Profit Sharing Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -505101520 Total assets ($B) Participants Meyer Tool 401(k) and Profit Sharing Plan, Total assets ($B): 0.082509408 · Participants: 1239Meyer Tool 401(k) and Profit Sharing 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
Meyer Tool 401(k) and Profit Sharing Plan vs. nearby 401(k) plans in Ohio, assets vs. participants
Compare Meyer Tool 401(k) and Profit Sharing Plan side-by-side with 3 peers →

Meyer Tool 401(k) and Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is New York Central Mutual Fire Insurance Company 401(k) Retirement Savings Plan in NY ($83M); by covered participants it is Lexitas 401(k) Plan in TX (1,239 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,239 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 Meyer Tool 401(k) and Profit Sharing Plan assets move in 2024? ▼
Meyer Tool 401(k) and Profit Sharing Plan grew at a solid clip - up 12.4% during 2024, from $73M to $83M. Reported net income was $9M.
How have Meyer Tool, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Meyer Tool, Inc.'s sponsor-wide assets grew 33.5%, from $62M to $83M.
Where does Meyer Tool 401(k) and Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Meyer Tool 401(k) and Profit Sharing Plan ranks in the 89th 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 Meyer Tool 401(k) and Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is New York Central Mutual Fire Insurance Company 401(k) Retirement Savings Plan in NY ($83M, 883 participants).
Which 401(k) plans cover a similar participant headcount to Meyer Tool 401(k) and Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Lexitas 401(k) Plan in TX (1,239 participants, $25M 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 310874289.

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.