Plan5500

Tool North, Inc. — Form 5500 filings & benefit plans

Form 5500 plan sponsor summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Tool North, Inc. (EIN 81-0877376) is a plan sponsor located in Traverse City, MI with 2 reported benefit plan(s) in the loaded dataset. The latest loaded Form 5500 filing year is 2023.

Company overview (based on loaded 2023 public filings)

EIN
81-0877376
Location
Traverse City, MI
Loaded plans
2
Latest filing year
2023

This is a company / sponsor profile — aggregate totals across all of this employer's loaded plans. Open an individual plan below for its own full financial statement.

What stands out for Tool North, Inc.

  • 2 loaded plans hold $2.7M in reported assets.
  • The largest, Tool North, Inc. 401(K) Plan & Trust, holds 65% of this company's reported plan assets.
  • Plans cover 65 reported participants.
  • 2 of 2 plans report full financial statements.
Aggregate financials · 2023

Reported financial aggregate

Total reported net assets-$3.7MSummed across loaded plans-$3,696,489
Total reported assets$2.7M$2,663,963
Total reported participants65
Total reported liabilities$6.4M$6,360,452

Reported net position

Reported assets = net assets + liabilities (summed)$2.7M total assets
Net assets-$3.7MLiabilities$6.4M
Contributions & income
Employer contributions$320K
Participant contributions$156.3K
Total income / additions-$5M
Expenses & distributions
Benefits paid / distributions$173.3K
Total expenses$177.8K
Net increase / (decrease)-$5.2M

Data coverage

Plans with financial statements2 / 2 (100%)
Plans with provider compensation0 / 2 ()

Totals sum the latest loaded 2023 public Form 5500 filing per plan for this company's plans — one filing per plan, so multiple years are never double-counted. Figures are reported values from loaded Schedule H / I (and Schedule C for provider compensation); fields a plan did not report are treated as missing, not zero. These are not audited or official totals.

Computed from loaded plans

Portfolio comparison

Largest plan share of assets65%Tool North, Inc. 401(K) Plan & Trust
Participants per plan33Average across loaded plans
Loaded plans2
Ranked by reported assets

Largest loaded plans

Bars show each plan's reported end-of-year assets relative to the largest.

  1. 1
    Tool North, Inc. 401(K) Plan & Trust$1.7M
    Plan #001 · 38 participants · 2023
  2. 2
    Tool North, Inc. Employee Stock Ownership Plan$930K
    Plan #002 · 27 participants · 2023

All loaded plans by assets → · By participants → · With financial statements → · With provider compensation →

EFAST2 filings

Latest loaded filings

Most recent loaded Form 5500 filings for Tool North, Inc.. Open one for its full reported snapshot.

  1. 2023
    Tool North, Inc. 401(K) Plan & Trust38 participants · 2Sch I
    View filing →
  2. 2023
    Tool North, Inc. Employee Stock Ownership Plan27 participants · 2Sch I
    View filing →

What to inspect next

Frequently asked questions

How many benefit plans does Tool North, Inc. report on Form 5500?
Tool North, Inc. (EIN 81-0877376) reports 2 benefit plan(s) in the loaded Form 5500 dataset.
What is the EIN for Tool North, Inc.?
The Employer Identification Number (EIN) reported for Tool North, Inc. is 81-0877376.
What is the latest Form 5500 filing year for Tool North, Inc.?
The latest loaded Form 5500 filing year for Tool North, Inc. is 2023.

Related Form 5500 pages