401(k) · DOL Form 5500 · 2024

The First Tool Corporation 401(k) Plan

Data updated 2026-08-25

$9M
Total assets Small plan by assets
88
Participants Small participant base
53rd
Percentile by assets National rank
$98,359
Avg per participant Below avg balance/head
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Official DOL plan name: The First Tool Corporation Retirement Savings Plan · Sponsored by The First Tool Corporation · Ohio · Manufacturing

$9M in assets, 88 participants

The First Tool Corporation's The First Tool Corporation Retirement Savings Plan reported $9M in total assets and 88 participants in its 2024 DOL Form 5500 filing, ranking in the 53rd 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.

  • #6,692 in Manufacturing (17,777 peers)

The First Tool Corporation multi-year trail

The First Tool Corporation's plans moved +25.9% in assets from 2022 to 2024; this filing shows The First Tool Corporation Retirement Savings Plan at $9M / 88 participants.

#6,692
in Manufacturing (17,777 peers)
+10.8%
assets growth YoY

The First Tool Corporation Retirement Savings Plan's mid-pack asset rank among Manufacturing and all filers

The First Tool Corporation Retirement Savings Plan vs every filed plan by assets

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

$8,655,603 Top 47% higher than 53% 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

The First Tool Corporation Retirement Savings 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. The First Tool Corporation Retirement Savings Plan is a small filing (88 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • The First Tool Corporation Retirement Savings Plan reported participants fell from 112 in the plan year 2023 filing to 88 in the plan year 2024 filing.
  • The First Tool Corporation Retirement Savings Plan end-of-year assets rose from $8M in the plan year 2023 filing to $9M in the plan year 2024 filing.
  • The First Tool Corporation Retirement Savings Plan reported net income fell from $936K in the plan year 2023 filing to $843K in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 310724208 · The First Tool Corporation PY 2024 · 401(k)

The First Tool Corporation Retirement Savings Plan · $9M · 88 · 53rd

  • IND $9M
  • EOY 88
  • 5500 53rd
  • ASSETS 401(k)
  • PCT near Amida Technology Solutions 401(k)
  • EIN ind #6692

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 →

The First Tool Corporation Retirement Savings Plan in the asset neighbourhood

The First Tool Corporation Retirement Savings PlanThe First Tool Corporation R…$9MAmida Technology Solutions 401(k)Amida Technology Solutions 4…$9MMilwaukee Forge 401(k) Plan$9MKmm Retirement Plan$9MColornet Printing and Graphics 401(k) PlanColornet Printing and Graphi…$9M
End-of-year total assets ($M) among The First Tool Corporation Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

The First Tool Corporation multi-year asset trail

Sponsor-wide plan assets over time

All The First Tool Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$9M 25.878898538204965% vs 2022
2024 filing year
$6M$7M$8M$9M 202220232024 $6.88M $8.66M ▲ +25.9%
Year Plans Participants Total Assets
2022 1 109 $7M
2023 1 112 $8M
2024 1 88 $9M

The First Tool Corporation filing trail (2024)

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$9M
Net Income$843K
Employer EIN310724208
Plan Effective Date1984-12-17
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Ohio

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

The First Tool Corporation Retirement Savings Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -505101520 Total assets ($B) Participants The First Tool Corporation Retirement Savings Plan, Total assets ($B): 0.008655603 · Participants: 88The First Tool Corporation Retirement Savings 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
The First Tool Corporation Retirement Savings Plan vs. nearby 401(k) plans in Ohio, assets vs. participants
Compare The First Tool Corporation Retirement Savings Plan side-by-side with 3 peers →

The First Tool Corporation Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is Amida Technology Solutions 401(k) in DC ($9M); by covered participants it is Gana-A'yoo Limited 401(k) Retirement Plan in AK (88 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($9M here).

Similar participant headcount

Nearest other-state filings by covered participants (88 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 The First Tool Corporation Retirement Savings Plan assets move in 2024? ▼
The First Tool Corporation Retirement Savings Plan grew at a solid clip - up 10.8% during 2024, from $8M to $9M. Reported net income was $843K.
How have The First Tool Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), The First Tool Corporation's sponsor-wide assets grew 25.9%, from $7M to $9M.
Which 401(k) plans are similar in size to The First Tool Corporation Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Amida Technology Solutions 401(k) in DC ($9M, 91 participants).
Which 401(k) plans cover a similar participant headcount to The First Tool Corporation Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Gana-A'yoo Limited 401(k) Retirement Plan in AK (88 participants, $2M 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 310724208.

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.