Profit Sharing · DOL Form 5500 · 2022

Richfel Associates, Inc. Profit Sharing Plan

Data updated 2026-08-25

$11M
Total assets Small plan by assets
3
Participants Small participant base
68th
Percentile by assets National rank
$3.8M
Avg per participant High balance/head
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Official DOL plan name: Richfel Associates Inc. Profit Sharing Plan · Sponsored by Richfel Associates, Inc. · New York · Professional & Technical Services

$11M in assets, 3 participants

Richfel Associates, Inc.'s Richfel Associates Inc. Profit Sharing Plan reported $11M in total assets and 3 participants in its 2022 DOL Form 5500 filing, ranking in the 68th 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.

  • #14,380 in Professional & Technical Services (21,562 peers)

2022 asset change

Richfel Associates Inc. Profit Sharing Plan declined sharply 16.9% in 2022 ($14M → $11M) for 3 participants.

#14,380
in Professional & Technical Services (21,562 peers)
-16.9%
assets change YoY

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Richfel Associates Inc. Profit Sharing Plan's outsized position by total assets

Richfel Associates Inc. Profit Sharing Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$11,443,250 Top 32% higher than 68% of 139,123 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 2022

Richfel Associates Inc. Profit Sharing Plan among micro filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Richfel Associates Inc. Profit Sharing Plan is a micro filing (3 participants), the leftmost band.

EBSA filing schedule strip

Filing strip 132601315 · Richfel Associates, Inc. PY 2022 · Profit Sharing

Richfel Associates Inc. Profit Sharing Plan · $11M · 3 · 68th

  • IND $11M
  • EOY 3
  • 5500 68th
  • ASSETS Profit Sharing
  • PCT near Walker 401(k) Retirement Plan
  • EIN ind #14380

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 Professional & Technical Services retirement plans → · Plans in New York →

Richfel Associates Inc. Profit Sharing Plan in the asset neighbourhood

Southwest Rubber & Supply Co., Inc. Profit Sharing Plan and TrustSouthwest Rubber & Supply Co…$11MRichfel Associates Inc. Profit Sharing PlanRichfel Associates Inc. Prof…$11MWalker 401(k) Retirement Plan$11MJeld-Wen, Inc. Ksop$11MMarley Management Corporation Discretionary Contribution PlanMarley Management Corporatio…$11M
End-of-year total assets ($M) among Richfel Associates Inc. Profit Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2022.

Richfel Associates, Inc. years around the 2022 move

Sponsor-wide plan assets over time

All Richfel Associates, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
N/A
2023 filing year
$0M$5M$10M$15M 20222023 $11.4M $0M ▼ -100.0%
Year Plans Participants Total Assets
2022 1 3 $11M
2023 1 2 N/A

2022 asset-move particulars

Total Assets (Beginning of Year)$14M
Net Assets (End of Year)$11M
Net Income-$2M
Employer EIN132601315
Plan Effective Date1968-03-11
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in New York

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Richfel Associates Inc. Profit Sharing Plan vs. nearby Profit Sharing plans in New York, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 -0.500.511.522.5 Total assets ($B) Participants Richfel Associates Inc. Profit Sharing Plan, Total assets ($B): 0.01144325 · Participants: 3Richfel Associates Inc. Profit Sharing PlanAnnuity Plan of the Electrical Industry, Total assets ($B): 1.982735962 · Participants: 19997Annuity Plan of the Electrical IndustryAnnuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIO, Total assets ($B): 1.649838154 · Participants: 3494Annuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIOAnnuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIO, Total assets ($B): 1.458865603 · Participants: 5696Annuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIOThe Research Foundation for Suny Retirement Plan, Total assets ($B): 1.065250862 · Participants: 11139The Research Foundation for Suny Retirement PlanMason Tenders District Council Annuity Fund, Total assets ($B): 0.836936679 · Participants: 11072Mason Tenders District Council Annuity Fund
Richfel Associates Inc. Profit Sharing Plan vs. nearby Profit Sharing plans in New York, assets vs. participants

Richfel Associates Inc. Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount

Outside New York, the nearest Profit Sharing by assets is Walker 401(k) Retirement Plan in MA ($11M); by covered participants it is Crosmac Corp. Retirement Plan in NJ (3 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (3 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Richfel Associates Inc. Profit Sharing Plan assets move in 2022?
Richfel Associates Inc. Profit Sharing Plan declined sharply - down 16.9% during 2022, from $14M to $11M. Reported net income was -$2M.
Which Profit Sharing plans are similar in size to Richfel Associates Inc. Profit Sharing Plan?
Among Profit Sharing plans in other states, the closest by assets is Walker 401(k) Retirement Plan in MA ($11M, 260 participants).
Which Profit Sharing plans cover a similar participant headcount to Richfel Associates Inc. Profit Sharing Plan?
Among Profit Sharing plans in other states, the closest by covered participants is Crosmac Corp. Retirement Plan in NJ (3 participants, N/A in assets).