401(k) · DOL Form 5500 · 2024

Great Neck Tools, Inc. 401(k) Plan 401(k) Plan

Data updated 2026-08-25

$20M
Total assets Small plan by assets
266
Participants Below avg headcount
71st
Percentile by assets National rank
$77,057
Avg per participant Below avg balance/head
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Official DOL plan name: Great Neck Tools, Inc. 401(k) Plan · Sponsored by Great Neck Tools, Inc. 401(k) Plan · New York · Manufacturing

$20M in assets, 266 participants

Great Neck Tools, Inc. 401(k) Plan's Great Neck Tools, Inc. 401(k) Plan reported $20M in total assets and 266 participants in its 2024 DOL Form 5500 filing, ranking in the 71st 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.

  • #10,728 in Manufacturing (17,777 peers)

Coverage in New York

Great Neck Tools, Inc. 401(k) Plan covers 266 participants in New York, about 33% of the average New York filer (state average ~798 per filing). Assets: $20M.

#10,728
in Manufacturing (17,777 peers)
+4.8%
assets growth YoY

Great Neck Tools, Inc. 401(k) Plan's outsized position by total assets

Great Neck Tools, Inc. 401(k) Plan vs every filed plan by assets

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

$20,497,172 Top 29% higher than 71% 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

Great Neck Tools, Inc. 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. Great Neck Tools, Inc. 401(k) Plan sits mid-pack in the medium band (266 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Great Neck Tools, Inc. 401(k) Plan reported net income fell from $1M in the plan year 2023 filing to $941K in the plan year 2024 filing.
  • Great Neck Tools, Inc. 401(k) Plan reported participants fell from 369 in the plan year 2023 filing to 266 in the plan year 2024 filing.
  • Great Neck Tools, Inc. 401(k) Plan end-of-year assets rose from $20M in the plan year 2023 filing to $20M in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 110834190 · Great Neck Tools, Inc. 401(k) Plan PY 2024 · 401(k)

Great Neck Tools, Inc. 401(k) Plan · $20M · 266 · 71st

  • NET $20M
  • BOOK 266
  • VS-ST 71st
  • BOY 401(k)
  • SCH near Institute of Management Accountants Employees' Retirement Plan
  • EBSA ind #10728

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 New York →

Great Neck Tools, Inc. 401(k) Plan in the asset neighbourhood

Great Neck Tools, Inc. 401(k) PlanGreat Neck Tools, Inc. 401(k…$20MInstitute of Management Accountants Employees' Retirement PlanInstitute of Management Acco…$20MSsa Group, LLC 401(k) Plan$20MAbb E-Mobility Inc. Retirement Savings PlanAbb E-Mobility Inc. Retireme…$20MMainline Merion 401(k) Plan$20M
End-of-year total assets ($M) among Great Neck Tools, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

New York filing particulars

Total Assets (Beginning of Year)$20M
Net Assets (End of Year)$20M
Net Income$941K
Employer EIN110834190
Plan Effective Date1963-12-31
Filing StatusFILING RECEIVED

Sponsor Plan History (Great Neck Tools, Inc. 401(k) Plan)

Sponsor-wide plan assets over time

All Great Neck Tools, Inc. 401(k) Plan plans reported in each filing year

Latest sponsor-wide plan assets
$20M 13.280801002446815% vs 2022
2024 filing year
$17M$18M$19M$20M$21M 202220232024 $18.1M $20.5M ▲ +13.3%
Year Plans Participants Total Assets
2022 1 341 $18M
2023 1 369 $20M
2024 1 266 $20M

Nearby 401(k) Plans in New York

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

Great Neck Tools, Inc. 401(k) Plan vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20020406080 Total assets ($B) Participants Great Neck Tools, Inc. 401(k) Plan, Total assets ($B): 0.020497172 · Participants: 266Great Neck Tools, Inc. 401(k) PlanIBM 401(k) Plan, Total assets ($B): 60.39355615 · Participants: 52674IBM 401(k) PlanMorgan Stanley 401(k) Plan, Total assets ($B): 22.180692974 · Participants: 53860Morgan Stanley 401(k) PlanPfizer Savings Plan, Total assets ($B): 21.9871528 · Participants: 33309Pfizer Savings PlanThe Pepsico Savings Plan, Total assets ($B): 14.9369507 · Participants: 137398The Pepsico Savings PlanThe Goldman Sachs 401(k) Plan, Total assets ($B): 12.807939404 · Participants: 23227The Goldman Sachs 401(k) Plan
Great Neck Tools, Inc. 401(k) Plan vs. nearby 401(k) plans in New York, assets vs. participants
Compare Great Neck Tools, Inc. 401(k) Plan side-by-side with 3 peers →

Great Neck Tools, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside New York, the nearest 401(k) by assets is Institute of Management Accountants Employees' Retirement Plan in NJ ($20M); by covered participants it is Full-O-Pep Appliances, Inc. 401(k) Savings Plan in IN (266 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($20M here).

Similar participant headcount

Nearest other-state filings by covered participants (266 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 Great Neck Tools, Inc. 401(k) Plan assets move in 2024? ▼
Great Neck Tools, Inc. 401(k) Plan edged up modestly - up 4.8% during 2024, from $20M to $20M. Reported net income was $941K.
How have Great Neck Tools, Inc. 401(k) Plan plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Great Neck Tools, Inc. 401(k) Plan's sponsor-wide assets grew 13.3%, from $18M to $20M.
Which 401(k) plans are similar in size to Great Neck Tools, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Institute of Management Accountants Employees' Retirement Plan in NJ ($20M, 89 participants).
Which 401(k) plans cover a similar participant headcount to Great Neck Tools, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Full-O-Pep Appliances, Inc. 401(k) Savings Plan in IN (266 participants, $6M 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 110834190.

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.