Money Purchase · DOL Form 5500 · 2024
Toolworks, Inc. Money Purchase Plan
Data updated 2026-08-11
- $2M
- Total assets
- 290
- Participants
- 28th
- Percentile by assets
- $5,710
- Avg per participant
Official DOL plan name: The Toolworks, Inc. Money Purchase Plan & Trust · Sponsored by Toolworks, Inc. · California · Administrative & Support Services
$2M in assets, 290 participants
Toolworks, Inc.'s The Toolworks, Inc. Money Purchase Plan & Trust reported $2M in total assets and 290 participants in its 2024 DOL Form 5500 filing, ranking in the 28th 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.
- 28th percentile by assets (of 123,622 plans)
- #2,256 in Administrative & Support Services (4,368 peers)
Coverage in California
The Toolworks, Inc. Money Purchase Plan & Trust covers 290 participants in California, about 46% of the average California filer (state average ~630 per filing). Assets: $2M.
- $2M
- total plan assets (2024 EOY)
- 290
- covered participants
- 28th
- percentile by assets (of 123,622 plans)
- $5,710
- avg assets per participant
The plan reported a net loss of $26K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Where The Toolworks, Inc. Money Purchase Plan & Trust sits by total assets
The Toolworks, Inc. Money Purchase Plan & Trust vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$1,655,882 28th percentile higher than 28% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- The Toolworks, Inc. Money Purchase Plan & Trust reported participants rose from 65 in the plan year 2023 filing to 290 in the plan year 2024 filing.
- The Toolworks, Inc. Money Purchase Plan & Trust reported net income rose from -$112K in the plan year 2023 filing to -$26K in the plan year 2024 filing.
- The Toolworks, Inc. Money Purchase Plan & Trust end-of-year assets fell from $2M in the plan year 2023 filing to $2M in the plan year 2024 filing.
Participants vs California filers
In California, the average filing covers about 630 participants across 15,291 plans. The Toolworks, Inc. Money Purchase Plan & Trust reports 290 participants - about 46% of that state average ($2M EOY assets).
California filing particulars
| Total Assets (Beginning of Year) | $2M |
|---|---|
| Net Assets (End of Year) | $2M |
| Net Income | -$26K |
| Employer EIN | 942493384 |
| Plan Effective Date | 1989-04-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Toolworks, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 351 | $2M |
| 2023 | 2 | 434 | $5M |
| 2024 | 1 | 290 | $2M |
Nearby Money Purchase Plans in California
Peer Money Purchase plans, same state, same plan type, ranked by total assets.
The Toolworks, Inc. Money Purchase Plan & Trust vs. nearby Money Purchase plans in California, assets vs. participants
- The Permanente Contribution Plan of the Permanente Medical Group, Inc. $7.9B · 18,550
- Kaiser Permanente Supplemental Savings and Retirement Plan $5.7B · 37,013
- University of Southern California Defined Contribution Retirement Plan $5.0B · 19,806
- Carpenters Annuity Trust Fund for Northern California $3.5B · 24,741
- Directors Guild of America - Producer Pension Plan Supplemental Benefit Plan $2.3B · 23,032
Similar-Sized Money Purchase Plans Nationally
Money Purchase plans in other states closest to The Toolworks, Inc. Money Purchase Plan & Trust by total assets, not by location.
Frequently Asked Questions
How did The Toolworks, Inc. Money Purchase Plan & Trust assets move in 2024? ▼
How have Toolworks, Inc. plan assets changed over time? ▼
Which Money Purchase plans are similar in size to The Toolworks, Inc. Money Purchase Plan & Trust? ▼
Next read for The Toolworks, Inc. Money Purchase Plan …
Filing takeaways
Ways to act on The Toolworks, Inc. Money Purchase Plan & Trust's numbers.
- By total assets, The Toolworks, Inc. Money Purchase Plan & Trust ranks in the lower half of filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Money Purchase plans in California. Compare plans
- Toolworks, Inc.'s sponsor-wide assets have declined 31.7% since 2022 across 3 plan years on file. More Administrative & Support Services plans