Pequot Tool & Mfg.401(k)

Pequot Tool & Mfg.'s 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $23,566,328 across 256 participant accounts, with employer contributions averaging $2,149 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 810th-largest of 1,918 plans among Minnesota employers on file, and the 5,335th of 13,661 in manufacturing. In 2024, employees put in $2.10 for every $1.00 the employer contributed; active participation has grown from 206 to 238 since 2022.