401(k) · DOL Form 5500 · 2023

Richmond Electric Co Inc 401(k) Plan

Data updated 2026-08-25

$7M
Total assets Small plan by assets
3
Participants Small participant base
50th
Percentile by assets National rank
$2.2M
Avg per participant High balance/head
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Official DOL plan name: Richmond Electric Co Inc Employees Profit Sharing Plan · Sponsored by Richmond Electric Co Inc · Illinois · Construction

$7M in assets, 3 participants

Richmond Electric Co Inc's Richmond Electric Co Inc Employees Profit Sharing Plan reported $7M in total assets and 3 participants in its 2023 DOL Form 5500 filing, ranking in the 50th 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.

  • #4,388 in Construction (9,030 peers)

Richmond Electric Co Inc multi-year trail

Richmond Electric Co Inc's plans moved +45.5% in assets from 2022 to 2024; this filing shows Richmond Electric Co Inc Employees Profit Sharing Plan at $7M / 3 participants.

#4,388
in Construction (9,030 peers)
+19.9%
assets growth YoY

Richmond Electric Co Inc Employees Profit Sharing Plan's mid-pack asset rank among Construction and all filers

Richmond Electric Co Inc Employees Profit Sharing Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$6,729,467 Top 50% higher than 50% of 127,068 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 2023

Richmond Electric Co Inc Employees Profit Sharing Plan among micro filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Richmond Electric Co Inc Employees Profit Sharing Plan is a micro filing (3 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Richmond Electric Co Inc Employees Profit Sharing Plan reported net income rose from -$452K in the plan year 2022 filing to $1M in the plan year 2023 filing.
  • Richmond Electric Co Inc Employees Profit Sharing Plan reported participants rose from 2 in the plan year 2022 filing to 3 in the plan year 2023 filing.
  • Richmond Electric Co Inc Employees Profit Sharing Plan end-of-year assets rose from $6M in the plan year 2022 filing to $7M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 361684410 · Richmond Electric Co Inc PY 2023 · 401(k)

Richmond Electric Co Inc Employees Profit Sharing Plan · $7M · 3 · 50th

  • TYPE $7M
  • NET 3
  • BOOK 50th
  • VS-ST 401(k)
  • BOY near Allergy & Immunology Associates of Ann Arbor 401(k) Profit Sharing Plan
  • SCH ind #4388

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 Construction retirement plans → · Plans in Illinois →

Richmond Electric Co Inc Employees Profit Sharing Plan in the asset neighbourhood

Richmond Electric Co Inc Employees Profit Sharing PlanRichmond Electric Co Inc Emp…$7MAllergy & Immunology Associates of Ann Arbor 401(k) Profit Sharing PlanAllergy & Immunology Associa…$7MKompan, Inc. 401(k) Plan$7MPecos County Bancshares, Inc. Employee Stock Ownership Plan (with 401(k) Features)Pecos County Bancshares, Inc…$7MHowe, Inc. 401(k) Plan$7M
End-of-year total assets ($M) among Richmond Electric Co Inc Employees Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Richmond Electric Co Inc multi-year asset trail

Sponsor-wide plan assets over time

All Richmond Electric Co Inc plans reported in each filing year

Latest sponsor-wide plan assets
$8M 45.48692816628089% vs 2022
2024 filing year
$5M$6M$7M$8M$9M 202220232024 $5.61M $8.17M ▲ +45.6%
Year Plans Participants Total Assets
2022 1 2 $6M
2023 1 3 $7M
2024 1 3 $8M

Richmond Electric Co Inc filing trail (2023)

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$7M
Net Income$1M
Employer EIN361684410
Plan Effective Date1981-12-31
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Illinois

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

Richmond Electric Co Inc Employees Profit Sharing Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -505101520 Total assets ($B) Participants Richmond Electric Co Inc Employees Profit Sharing Plan, Total assets ($B): 0.006729467 · Participants: 3Richmond Electric Co Inc Employees Profit Sharing PlanAccenture United States 401(k) Match Savings Plan, Total assets ($B): 17.594548115 · Participants: 69974Accenture United States 401(k) Match Savings PlanState Farm 401(k) Savings Plan, Total assets ($B): 16.935002041 · Participants: 60246State Farm 401(k) Savings PlanAbbott Laboratories Stock Retirement Plan, Total assets ($B): 14.496191 · Participants: 38012Abbott Laboratories Stock Retirement PlanUnited Airlines Pilot Retirement Account Plan, Total assets ($B): 14.367975914 · Participants: 14959United Airlines Pilot Retirement Account PlanWalgreens Retirement Savings Plan, Total assets ($B): 13.444551767 · Participants: 235331Walgreens Retirement Savings Plan
Richmond Electric Co Inc Employees Profit Sharing Plan vs. nearby 401(k) plans in Illinois, assets vs. participants
Compare Richmond Electric Co Inc Employees Profit Sharing Plan side-by-side with 3 peers →

Richmond Electric Co Inc Employees Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Illinois, the nearest 401(k) by assets is Allergy & Immunology Associates of Ann Arbor 401(k) Profit Sharing Plan in MI ($7M); by covered participants it is Cookeville Urology PLC 401(k) Profit Sharing Plan in TN (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 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Richmond Electric Co Inc Employees Profit Sharing Plan assets move in 2023? ▼
Richmond Electric Co Inc Employees Profit Sharing Plan grew sharply - up 19.9% during 2023, from $6M to $7M. Reported net income was $1M.
How have Richmond Electric Co Inc plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Richmond Electric Co Inc's sponsor-wide assets grew 45.5%, from $6M to $8M.
Which 401(k) plans are similar in size to Richmond Electric Co Inc Employees Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Allergy & Immunology Associates of Ann Arbor 401(k) Profit Sharing Plan in MI ($7M, 38 participants).
Which 401(k) plans cover a similar participant headcount to Richmond Electric Co Inc Employees Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Cookeville Urology PLC 401(k) Profit Sharing Plan in TN (3 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 361684410.

Read our methodology - how this data is sourced, computed, and verified.

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