ESOP · DOL Form 5500 · 2022

Ritchie Trucking Service Holdings, Inc. ESOP

Data updated 2026-08-25

$4M
Total assets Small plan by assets
110
Participants Small participant base
45th
Percentile by assets National rank
$35,461
Avg per participant Low balance/head
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Official DOL plan name: The People Business Employee Stock Ownership Plan · Sponsored by Ritchie Trucking Service Holdings, Inc. · California · Transportation & Warehousing

$4M in assets, 110 participants

Ritchie Trucking Service Holdings, Inc.'s The People Business Employee Stock Ownership Plan reported $4M in total assets and 110 participants in its 2022 DOL Form 5500 filing, ranking in the 45th 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.

  • #1,825 in Transportation & Warehousing (3,876 peers)

Coverage in California

The People Business Employee Stock Ownership Plan covers 110 participants in California, about 17% of the average California filer (state average ~630 per filing). Assets: $4M.

#1,825
in Transportation & Warehousing (3,876 peers)
-4.4%
assets change YoY

The People Business Employee Stock Ownership Plan's mid-pack asset rank among Transportation & Warehousing and all filers

The People Business Employee Stock Ownership Plan vs every filed plan by assets

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

$3,900,724 45th percentile higher than 45% 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

The People Business Employee Stock Ownership Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The People Business Employee Stock Ownership Plan sits mid-pack in the medium band (110 participants).

Plan-year Form 5500 strip

Filing strip 384101587 · Ritchie Trucking Service Holdings, Inc. PY 2022 · ESOP

The People Business Employee Stock Ownership Plan · $4M · 110 · 45th

  • EOY $4M
  • EOY 110
  • EOY 45th
  • EOY ESOP
  • EOY near Resource Systems Group, Inc. Employee Stock Ownership Plan
  • EOY ind #1825

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 What is an ESOP? → · Plans in California →

The People Business Employee Stock Ownership Plan in the asset neighbourhood

The People Business Employee Stock Ownership PlanThe People Business Employee…$4MResource Systems Group, Inc. Employee Stock Ownership PlanResource Systems Group, Inc.…$4MSplit Rock Studios Employee Stock Ownership Plan and TrustSplit Rock Studios Employee …$4MChart Hawaii Employee Stock Ownership PlanChart Hawaii Employee Stock …$4MBroadhead Enterprises, Inc. Employee Stock Ownership PlanBroadhead Enterprises, Inc. …$4M
End-of-year total assets ($M) among The People Business Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

California filing particulars

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)-$15M
Net Income$87K
Employer EIN384101587
Plan Effective Date2018-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Ritchie Trucking Service Holdings, Inc.)

Sponsor-wide plan assets over time

All Ritchie Trucking Service Holdings, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$6M 8.787911614757952% vs 2022
2024 filing year
$5.4M$5.6M$5.8M$6M$6.2M$6.4M 202220232024 $6.19M $5.65M ▼ -8.7%
Year Plans Participants Total Assets
2022 2 219 $6M
2023 2 189 $6M
2024 2 176 $6M

Nearby ESOP Plans in California

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

The People Business Employee Stock Ownership Plan vs. nearby ESOP plans in California, assets vs. participants Scatter plot of 6 data points. -20000200040006000800010000 -101234 Total assets ($B) Participants The People Business Employee Stock Ownership Plan, Total assets ($B): 0.003900724 · Participants: 110The People Business Employee Stock Ownership PlanParsons Employee Stock Ownership Plan, Total assets ($B): 2.949816013 · Participants: 7804Parsons Employee Stock Ownership PlanAcco Employee Stock Ownership Plan, Total assets ($B): 1.217969943 · Participants: 1318Acco Employee Stock Ownership PlanRosendin Electric, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.994551911 · Participants: 1488Rosendin Electric, Inc. Employee Stock Ownership PlanRecology Employee Stock Ownership Plan, Total assets ($B): 0.462005591 · Participants: 3560Recology Employee Stock Ownership PlanAgron, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.455961299 · Participants: 70Agron, Inc. Employee Stock Ownership Plan
The People Business Employee Stock Ownership Plan vs. nearby ESOP plans in California, assets vs. participants

The People Business Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside California, the nearest ESOP by assets is Resource Systems Group, Inc. Employee Stock Ownership Plan in VT ($4M); by covered participants it is Breakside Brewery, Inc. Employee Stock Ownership Plan in OR (110 participants). Same-state nearby plans are listed separately above.

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 The People Business Employee Stock Ownership Plan assets move in 2022?
The People Business Employee Stock Ownership Plan edged down modestly - down 4.4% during 2022, from $4M to $4M. Reported net income was $87K.
How have Ritchie Trucking Service Holdings, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Ritchie Trucking Service Holdings, Inc.'s sponsor-wide assets declined 8.8%, from $6M to $6M.
Which ESOP plans are similar in size to The People Business Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Resource Systems Group, Inc. Employee Stock Ownership Plan in VT ($4M, 64 participants).
Which ESOP plans cover a similar participant headcount to The People Business Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by covered participants is Breakside Brewery, Inc. Employee Stock Ownership Plan in OR (110 participants, $3M in assets).