401(k) · DOL Form 5500 · 2024

Thorworks Industries, Inc. 401(k) Plan

Data updated 2026-08-25

$11M
Total assets Small plan by assets
410
Participants Below avg headcount
57th
Percentile by assets National rank
$25,891
Avg per participant Low balance/head
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Official DOL plan name: Thorworks Industries, Inc. 401(k) Profit Sharing Plan & Trust · Sponsored by Thorworks Industries, Inc. · Ohio · Manufacturing

$11M in assets, 410 participants

Thorworks Industries, Inc.'s Thorworks Industries, Inc. 401(k) Profit Sharing Plan & Trust reported $11M in total assets and 410 participants in its 2024 DOL Form 5500 filing, ranking in the 57th 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.

  • #7,666 in Manufacturing (17,777 peers)

Thorworks Industries, Inc. multi-year trail

Thorworks Industries, Inc.'s plans moved +25.5% in assets from 2022 to 2024; this filing shows Thorworks Industries, Inc. 401(k) Profit Sharing Plan & Trust at $11M / 410 participants.

#7,666
in Manufacturing (17,777 peers)
+22.6%
assets growth YoY

Thorworks Industries, Inc. 401(k) Profit Sharing Plan & Trust's mid-pack asset rank among Manufacturing and all filers

Thorworks Industries, Inc. 401(k) Profit Sharing Plan & Trust vs every filed plan by assets

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

$10,615,513 Top 43% higher than 57% 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

Thorworks Industries, Inc. 401(k) Profit Sharing Plan & 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. Thorworks Industries, Inc. 401(k) Profit Sharing Plan & Trust sits mid-pack in the medium band (410 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Thorworks Industries, Inc. 401(k) Profit Sharing Plan & Trust reported net income rose from $201K in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Thorworks Industries, Inc. 401(k) Profit Sharing Plan & Trust end-of-year assets rose from $9M in the plan year 2023 filing to $11M in the plan year 2024 filing.
  • Thorworks Industries, Inc. 401(k) Profit Sharing Plan & Trust reported participants rose from 393 in the plan year 2023 filing to 410 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 411529458 · Thorworks Industries, Inc. PY 2024 · 401(k)

Thorworks Industries, Inc. 401(k) Profit Sharing Plan & Trust · $11M · 410 · 57th

  • TYPE $11M
  • TYPE 410
  • TYPE 57th
  • TYPE 401(k)
  • TYPE near Car Pros 401(k) Profit Sharing Plan
  • TYPE ind #7666

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 →

Thorworks Industries, Inc. 401(k) Profit Sharing Plan & Trust in the asset neighbourhood

Thorworks Industries, Inc. 401(k) Profit Sharing Plan & TrustThorworks Industries, Inc. 4…$11MCar Pros 401(k) Profit Sharing PlanCar Pros 401(k) Profit Shari…$11MGravois Aluminum Boats, LLC 401(k) Profit Sharing PlanGravois Aluminum Boats, LLC …$11MPerona, Langer, Beck & Harrison 401(k) Profit Sharing PlanPerona, Langer, Beck & Harri…$11MMaries County Bancorp, Inc. 401(k) Profit Sharing PlanMaries County Bancorp, Inc. …$11M
End-of-year total assets ($M) among Thorworks Industries, Inc. 401(k) Profit Sharing Plan & Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Thorworks Industries, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Thorworks Industries, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$11M 25.515493172239843% vs 2022
2024 filing year
$8M$9M$10M$11M 202220232024 $8.46M $10.6M ▲ +25.5%
Year Plans Participants Total Assets
2022 1 343 $8M
2023 1 393 $9M
2024 1 410 $11M

Thorworks Industries, Inc. filing trail (2024)

Total Assets (Beginning of Year)$9M
Net Assets (End of Year)$11M
Net Income$2M
Employer EIN411529458
Plan Effective Date1995-06-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Ohio

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

Thorworks Industries, Inc. 401(k) Profit Sharing Plan & Trust vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -505101520 Total assets ($B) Participants Thorworks Industries, Inc. 401(k) Profit Sharing Plan & Trust, Total assets ($B): 0.010615513 · Participants: 410Thorworks Industries, Inc. 401(k) Profit Sharing Plan & TrustGE 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
Thorworks Industries, Inc. 401(k) Profit Sharing Plan & Trust vs. nearby 401(k) plans in Ohio, assets vs. participants

Thorworks Industries, Inc. 401(k) Profit Sharing Plan & Trust's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is Car Pros 401(k) Profit Sharing Plan in WA ($11M); by covered participants it is Factory Direct Furniture 401(k) Plan in NJ (410 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (410 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 Thorworks Industries, Inc. 401(k) Profit Sharing Plan & Trust assets move in 2024?
Thorworks Industries, Inc. 401(k) Profit Sharing Plan & Trust grew sharply - up 22.6% during 2024, from $9M to $11M. Reported net income was $2M.
How have Thorworks Industries, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Thorworks Industries, Inc.'s sponsor-wide assets grew 25.5%, from $8M to $11M.
Which 401(k) plans are similar in size to Thorworks Industries, Inc. 401(k) Profit Sharing Plan & Trust?
Among 401(k) plans in other states, the closest by assets is Car Pros 401(k) Profit Sharing Plan in WA ($11M, 523 participants).
Which 401(k) plans cover a similar participant headcount to Thorworks Industries, Inc. 401(k) Profit Sharing Plan & Trust?
Among 401(k) plans in other states, the closest by covered participants is Factory Direct Furniture 401(k) Plan in NJ (410 participants, $10M in assets).