401(k) · DOL Form 5500 · 2024

Smith Brothers Tool Company 401(k) Plan

Data updated 2026-08-25

$4M
Total assets Small plan by assets
48
Participants Small participant base
40th
Percentile by assets National rank
$93,589
Avg per participant Below avg balance/head
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Official DOL plan name: S.B.T. 401(k) Plan · Sponsored by Smith Brothers Tool Company · Michigan · Manufacturing

$4M in assets, 48 participants

Smith Brothers Tool Company's S.B.T. 401(k) Plan reported $4M in total assets and 48 participants in its 2024 DOL Form 5500 filing, ranking in the 40th 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.

  • #4,121 in Manufacturing (17,777 peers)

Smith Brothers Tool Company multi-year trail

Smith Brothers Tool Company's plans moved +15.3% in assets from 2022 to 2024; this filing shows S.B.T. 401(k) Plan at $4M / 48 participants.

#4,121
in Manufacturing (17,777 peers)
-1.3%
assets change YoY

The plan reported a net loss of $58K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

S.B.T. 401(k) Plan's mid-pack asset rank among Manufacturing and all filers

S.B.T. 401(k) Plan vs every filed plan by assets

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

$4,492,280 40th percentile higher than 40% 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

S.B.T. 401(k) Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. S.B.T. 401(k) Plan is a small filing (48 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • S.B.T. 401(k) Plan reported net income fell from $653K in the plan year 2023 filing to -$58K in the plan year 2024 filing.
  • S.B.T. 401(k) Plan reported participants fell from 49 in the plan year 2023 filing to 48 in the plan year 2024 filing.
  • S.B.T. 401(k) Plan end-of-year assets fell from $5M in the plan year 2023 filing to $4M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 300747050 · Smith Brothers Tool Company PY 2024 · 401(k)

S.B.T. 401(k) Plan · $4M · 48 · 40th

  • BOOK $4M
  • BOOK 48
  • BOOK 40th
  • BOOK 401(k)
  • BOOK near Bob Ford, Inc. Profit Sharing Plan
  • BOOK ind #4121

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 Michigan →

S.B.T. 401(k) Plan in the asset neighbourhood

S.B.T. 401(k) Plan$4MBob Ford, Inc. Profit Sharing PlanBob Ford, Inc. Profit Sharin…$4MGrunt Style, LLC 401(k) Profit Sharing PlanGrunt Style, LLC 401(k) Prof…$4MStability Healthcare, Inc. 401(k) PlanStability Healthcare, Inc. 4…$4MRampart/Wurth Holding, Inc. Retirement PlanRampart/Wurth Holding, Inc. …$4M
End-of-year total assets ($M) among S.B.T. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Smith Brothers Tool Company multi-year asset trail

Sponsor-wide plan assets over time

All Smith Brothers Tool Company plans reported in each filing year

Latest sponsor-wide plan assets
$4M 15.276611982118354% vs 2022
2024 filing year
$3.8M$4M$4.2M$4.4M$4.6M$4.8M 202220232024 $3.9M $4.49M ▲ +15.1%
Year Plans Participants Total Assets
2022 1 44 $4M
2023 1 49 $5M
2024 1 48 $4M

Smith Brothers Tool Company filing trail (2024)

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)$4M
Net Income-$58K
Employer EIN300747050
Plan Effective Date1986-06-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Michigan

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

S.B.T. 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -100102030 Total assets ($B) Participants S.B.T. 401(k) Plan, Total assets ($B): 0.00449228 · Participants: 48S.B.T. 401(k) PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 23.0591668 · Participants: 43053General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 17.26893589 · Participants: 31790Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 10.768606712 · Participants: 17128The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 9.568379082 · Participants: 42513The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 8.2932975 · Participants: 60497Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
S.B.T. 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare S.B.T. 401(k) Plan side-by-side with 3 peers →

S.B.T. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Bob Ford, Inc. Profit Sharing Plan in FL ($4M); by covered participants it is Pinnacle Bank Profit Sharing Retirement Plan in AL (48 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (48 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 S.B.T. 401(k) Plan assets move in 2024? ▼
S.B.T. 401(k) Plan edged down modestly - down 1.3% during 2024, from $5M to $4M. Reported net income was -$58K.
How have Smith Brothers Tool Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Smith Brothers Tool Company's sponsor-wide assets grew 15.3%, from $4M to $4M.
Which 401(k) plans are similar in size to S.B.T. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Bob Ford, Inc. Profit Sharing Plan in FL ($4M, 1 participant).
Which 401(k) plans cover a similar participant headcount to S.B.T. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Pinnacle Bank Profit Sharing Retirement Plan in AL (48 participants, $7M 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 300747050.

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.