Other
2022 plan-year Other DOL Form 5500

ROYAL TECHNOLOGIES CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

ROYAL TECHNOLOGIES CORPORATION

This Other plan holds $153M in total assets and serves 1,128 participants as of 2022. It is sponsored by ROYAL TECHNOLOGIES CORPORATION in Michigan. The plan reported a net loss of $39M for the year.

Total Assets (2023)
$153M
Participants
1,128
State
Industry
Manufacturing

What the Filing Says About ROYAL TECHNOLOGIES CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN

ROYAL TECHNOLOGIES CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN is a Other retirement plan sponsored by ROYAL TECHNOLOGIES CORPORATION, headquartered in Michigan. As of the 2022 Form 5500 filing, the plan reports $153M in total end-of-year assets and covers 1,128 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 382726351, and the plan has been effective since 2007-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $192M at the beginning of 2022 to $153M at year-end — a decline of 20.6%. Net assets (after liabilities) closed the year at $153M, with reported net income of $-39,499,692 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$192M
Total Assets (End of Year)$153M
Net Assets (End of Year)$153M
Net Income$-39,499,692
Plan TypeOther
Employer EIN382726351
Plan Effective Date2007-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (ROYAL TECHNOLOGIES CORPORATION)

Year Plans Participants Total Assets
2022 2 2,279 $195M
2023 2 2,223 $187M
2024 2 2,241 $193M

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Peer Other plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the ROYAL TECHNOLOGIES CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN?
As of the 2022 Form 5500 filing, ROYAL TECHNOLOGIES CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN holds $153M in total assets with 1,128 participants. It is sponsored by ROYAL TECHNOLOGIES CORPORATION.
What type of plan is ROYAL TECHNOLOGIES CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN?
ROYAL TECHNOLOGIES CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN is a Other plan. It has been effective since 2007-01-01. The plan is filed with the U.S. Department of Labor under EIN 382726351.
Who sponsors the ROYAL TECHNOLOGIES CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN?
ROYAL TECHNOLOGIES CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN is sponsored by ROYAL TECHNOLOGIES CORPORATION, located in Michigan. The sponsor's EIN is 382726351 and the plan operates in the Manufacturing industry.
How did ROYAL TECHNOLOGIES CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN perform in 2022?
ROYAL TECHNOLOGIES CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN declined by 20.6% during 2022, moving from $192M to $153M in total assets. Net income was $-39,499,692.
Where can I find official filings for ROYAL TECHNOLOGIES CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN?
Official Form 5500 filings for ROYAL TECHNOLOGIES CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 382726351 or plan name at efast.dol.gov.
How does ROYAL TECHNOLOGIES CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN compare to other plans?
You can compare ROYAL TECHNOLOGIES CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN against other Other plans on the plan type page, or view plans in Michigan on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

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Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 382726351.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.