Other
2022 plan-year Other DOL Form 5500

Reell Precision Manufacturing Corporation Restated Employee Stock Ownership Plan

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

Sponsored by Reell Precision Manufacturing Corporation · Minnesota · Manufacturing

What the 2023 filing shows

Reell Precision Manufacturing Corporation Restated Employee Stock Ownership Plan holds $25M for 117 participants — about $214,702 per participant, down 10.0% over the 2022 plan year.

$25M
total plan assets (2022 EOY)
117
covered participants
$214,702
avg assets per participant
-10.0%
assets change YoY

The plan reported a net loss of $3M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$25M
Participants
117
State
Industry
Manufacturing

What the Filing Says About Reell Precision Manufacturing Corporation Restated Employee Stock Ownership Plan

Reell Precision Manufacturing Corporation Restated Employee Stock Ownership Plan is a Other retirement plan sponsored by Reell Precision Manufacturing Corporation, headquartered in Minnesota. As of the 2022 Form 5500 filing, the plan reports $25M in total end-of-year assets and covers 117 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 410970749, and the plan has been effective since 1985-11-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $28M at the beginning of 2022 to $25M at year-end — a decline of 10.0%. Net assets (after liabilities) closed the year at $23M, with reported net income of $-2,646,832 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 1 prior plan-year filing 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)$28M
Total Assets (End of Year)$25M
Net Assets (End of Year)$23M
Net Income$-2,646,832
Plan TypeOther
Employer EIN410970749
Plan Effective Date1985-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Reell Precision Manufacturing Corporation)

Year Plans Participants Total Assets
2022 2 233 $38M
2023 2 237 $42M

Nearby Other Plans in Minnesota

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

Frequently Asked Questions

How much money is in the Reell Precision Manufacturing Corporation Restated Employee Stock Ownership Plan?
As of the 2022 Form 5500 filing, Reell Precision Manufacturing Corporation Restated Employee Stock Ownership Plan holds $25M in total assets with 117 participants. It is sponsored by Reell Precision Manufacturing Corporation.
What type of plan is Reell Precision Manufacturing Corporation Restated Employee Stock Ownership Plan?
Reell Precision Manufacturing Corporation Restated Employee Stock Ownership Plan is a Other plan. It has been effective since 1985-11-01. The plan is filed with the U.S. Department of Labor under EIN 410970749.
Who sponsors the Reell Precision Manufacturing Corporation Restated Employee Stock Ownership Plan?
Reell Precision Manufacturing Corporation Restated Employee Stock Ownership Plan is sponsored by Reell Precision Manufacturing Corporation, located in Minnesota. The sponsor's EIN is 410970749 and the plan operates in the Manufacturing industry.
How did Reell Precision Manufacturing Corporation Restated Employee Stock Ownership Plan perform in 2022?
Reell Precision Manufacturing Corporation Restated Employee Stock Ownership Plan declined by 10.0% during 2022, moving from $28M to $25M in total assets. Net income was $-2,646,832.
Where can I find official filings for Reell Precision Manufacturing Corporation Restated Employee Stock Ownership Plan?
Official Form 5500 filings for Reell Precision Manufacturing Corporation Restated Employee Stock Ownership Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 410970749 or plan name at efast.dol.gov.
How does Reell Precision Manufacturing Corporation Restated Employee Stock Ownership Plan compare to other plans?
You can compare Reell Precision Manufacturing Corporation Restated Employee Stock Ownership Plan against other Other plans on the plan type page, or view plans in Minnesota on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 410970749.

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 U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.