401(k) · DOL Form 5500 · 2024

Cornwell Quality Tools Company 401(k) Plan

Data updated 2026-08-25

$13M
Total assets Small plan by assets
317
Participants Below avg headcount
61st
Percentile by assets National rank
$40,747
Avg per participant Low balance/head
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Official DOL plan name: Cornwell Quality Tools Company Profit Sharing 401(k) Plan · Sponsored by Cornwell Quality Tools Company · Ohio · Manufacturing

$13M in assets, 317 participants

Cornwell Quality Tools Company's Cornwell Quality Tools Company Profit Sharing 401(k) Plan reported $13M in total assets and 317 participants in its 2024 DOL Form 5500 filing, ranking in the 61st 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.

  • #8,596 in Manufacturing (17,777 peers)

Coverage in Ohio

Cornwell Quality Tools Company Profit Sharing 401(k) Plan covers 317 participants in Ohio, about 41% of the average Ohio filer (state average ~765 per filing). Assets: $13M.

#8,596
in Manufacturing (17,777 peers)
+9.9%
assets growth YoY

Cornwell Quality Tools Company Profit Sharing 401(k) Plan's mid-pack asset rank among Manufacturing and all filers

Cornwell Quality Tools Company Profit Sharing 401(k) Plan vs every filed plan by assets

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

$12,916,776 Top 39% higher than 61% 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

Cornwell Quality Tools Company Profit Sharing 401(k) 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. Cornwell Quality Tools Company Profit Sharing 401(k) Plan sits mid-pack in the medium band (317 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Cornwell Quality Tools Company Profit Sharing 401(k) Plan end-of-year assets rose from $12M in the plan year 2023 filing to $13M in the plan year 2024 filing.
  • Cornwell Quality Tools Company Profit Sharing 401(k) Plan reported participants rose from 305 in the plan year 2023 filing to 317 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 340165010 · Cornwell Quality Tools Company PY 2024 · 401(k)

Cornwell Quality Tools Company Profit Sharing 401(k) Plan · $13M · 317 · 61st

  • IND $13M
  • IND 317
  • IND 61st
  • IND 401(k)
  • IND near Highside 401(k) Profit Sharing Plan
  • IND ind #8596

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 →

Cornwell Quality Tools Company Profit Sharing 401(k) Plan in the asset neighbourhood

Cornwell Quality Tools Company Profit Sharing 401(k) PlanCornwell Quality Tools Compa…$13MHighside 401(k) Profit Sharing PlanHighside 401(k) Profit Shari…$13MTipperary Sales, Inc. Profit Sharing PlanTipperary Sales, Inc. Profit…$13MEthos Marketing & Design Employee Stock Ownership 401(k) PlanEthos Marketing & Design Emp…$13MOec Shipping Los Angeles, Inc. 401(k) PlanOec Shipping Los Angeles, In…$13M
End-of-year total assets ($M) among Cornwell Quality Tools Company Profit Sharing 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Ohio filing particulars

Total Assets (Beginning of Year)$12M
Net Assets (End of Year)$13M
Net Income$1M
Employer EIN340165010
Plan Effective Date1968-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Cornwell Quality Tools Company)

Sponsor-wide plan assets over time

All Cornwell Quality Tools Company plans reported in each filing year

Latest sponsor-wide plan assets
$70M 2.8891424082355046% vs 2022
2024 filing year
$67M$68M$69M$70M$71M 202220232024 $67.7M $69.6M ▲ +2.9%
Year Plans Participants Total Assets
2022 2 638 $68M
2023 2 650 $70M
2024 2 669 $70M

Nearby 401(k) Plans in Ohio

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

Cornwell Quality Tools Company Profit Sharing 401(k) Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -505101520 Total assets ($B) Participants Cornwell Quality Tools Company Profit Sharing 401(k) Plan, Total assets ($B): 0.012916776 · Participants: 317Cornwell Quality Tools Company Profit Sharing 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
Cornwell Quality Tools Company Profit Sharing 401(k) Plan vs. nearby 401(k) plans in Ohio, assets vs. participants

Cornwell Quality Tools Company Profit Sharing 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is Highside 401(k) Profit Sharing Plan in TX ($13M); by covered participants it is Ace Industries, Inc. 401(k) Profit Sharing Plan in GA (317 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (317 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 Cornwell Quality Tools Company Profit Sharing 401(k) Plan assets move in 2024?
Cornwell Quality Tools Company Profit Sharing 401(k) Plan grew at a solid clip - up 9.9% during 2024, from $12M to $13M. Reported net income was $1M.
How have Cornwell Quality Tools Company plan assets changed over time?
Across 3 plan years on file (2022-2024), Cornwell Quality Tools Company's sponsor-wide assets grew 2.9%, from $68M to $70M.
Which 401(k) plans are similar in size to Cornwell Quality Tools Company Profit Sharing 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Highside 401(k) Profit Sharing Plan in TX ($13M, 3 participants).
Which 401(k) plans cover a similar participant headcount to Cornwell Quality Tools Company Profit Sharing 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Ace Industries, Inc. 401(k) Profit Sharing Plan in GA (317 participants, $17M in assets).