401(k) · DOL Form 5500 · 2022

Ricardo, Inc. 401(k) Plan

Data updated 2026-08-11

$67M
Total assets
310
Participants
90th
Percentile by assets
$216,275
Avg per participant
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Official DOL plan name: Ricardo, Inc. 401(k) Retirement Plan · Sponsored by Ricardo, Inc. · Michigan · Professional & Technical Services

$67M in assets, 310 participants

Ricardo, Inc.'s Ricardo, Inc. 401(k) Retirement Plan reported $67M in total assets and 310 participants in its 2022 DOL Form 5500 filing, ranking in the 90th 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.

  • 90th percentile by assets (of 139,126 plans)
  • #19,700 in Professional & Technical Services (21,562 peers)

Coverage in Michigan

Ricardo, Inc. 401(k) Retirement Plan covers 310 participants in Michigan, about 49% of the average Michigan filer (state average ~638 per filing). Assets: $67M.

$67M
total plan assets (2022 EOY)
310
covered participants
90th
percentile by assets (of 139,126 plans)
$216,275
avg assets per participant

The plan reported a net loss of $12M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Ricardo, Inc. 401(k) Retirement Plan sits by total assets

Ricardo, Inc. 401(k) Retirement Plan vs every filed plan by assets

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

$67,045,316 Top 10% higher than 90% of 139,123 filed plans

This plan $0 $2,010,000,000 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

Participants vs Michigan filers

In Michigan, the average filing covers about 638 participants across 4,220 plans. Ricardo, Inc. 401(k) Retirement Plan reports 310 participants - about 49% of that state average ($67M EOY assets).

Michigan filing particulars

Total Assets (Beginning of Year)$79M
Net Assets (End of Year)$67M
Net Income-$12M
Employer EIN382833470
Plan Effective Date1993-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Ricardo, Inc.)

$65M$70M$75M$80M 202220232024 $67.1M $77.6M ▲ +15.7%
Total plan assets by year, all Ricardo, Inc. plans on file
Year Plans Participants Total Assets
2022 1 310 $67M
2023 1 347 $74M
2024 1 352 $78M

Nearby 401(k) Plans in Michigan

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

Ricardo, Inc. 401(k) Retirement Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -505101520 Total assets ($B) Participants Ricardo, Inc. 401(k)…, Total assets ($B): 0.067045316 · Participants: 310Ricardo, Inc. 401(k)…General Motors Retir…, Total assets ($B): 18.071817726 · Participants: 43382General Motors Retir…Ford Motor Co. Savin…, Total assets ($B): 13.833597622 · Participants: 32974Ford Motor Co. Savin…The Dow Chemical Com…, Total assets ($B): 9.307640951 · Participants: 16930The Dow Chemical Com…The General Motors P…, Total assets ($B): 7.545889119 · Participants: 40458The General Motors P…Ford Motor Co. Tax-E…, Total assets ($B): 6.44558193 · Participants: 57811Ford Motor Co. Tax-E…
Ricardo, Inc. 401(k) Retirement Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Ricardo, Inc. 401(k) Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Ricardo, Inc. 401(k) Retirement Plan assets move in 2022?
Ricardo, Inc. 401(k) Retirement Plan declined sharply - down 15.3% during 2022, from $79M to $67M. Reported net income was -$12M.
How have Ricardo, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Ricardo, Inc.'s sponsor-wide assets grew 15.7%, from $67M to $78M.
Where does Ricardo, Inc. 401(k) Retirement Plan rank by assets among Form 5500 filers?
Ricardo, Inc. 401(k) Retirement Plan ranks in the 90th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Ricardo, Inc. 401(k) Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Draper and Kramer Profit Sharing and Incentive Savings Plan in IL ($67M, 1,030 participants).

Filing takeaways

Ways to act on Ricardo, Inc. 401(k) Retirement Plan's numbers.