Other · DOL Form 5500 · 2023

Reach for Resources, Inc. Retirement Plan

Data updated 2026-08-11

$2M
Total assets
20
Participants
29th
Percentile by assets
$89,106
Avg per participant
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Official DOL plan name: Reach for Resources, Inc. · Sponsored by Reach for Resources, Inc. · Minnesota · Educational Services

$2M in assets, 20 participants

Reach for Resources, Inc.'s Reach for Resources, Inc. reported $2M in total assets and 20 participants in its 2023 DOL Form 5500 filing, ranking in the 29th 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.

  • 29th percentile by assets (of 127,072 plans)
  • #700 in Educational Services (3,735 peers)

Reach for Resources, Inc. multi-year trail

Reach for Resources, Inc.'s plans moved +94.8% in assets from 2022 to 2024; this filing shows Reach for Resources, Inc. at $2M / 20 participants.

$2M
total plan assets (2023 EOY)
20
covered participants
29th
percentile by assets (of 127,072 plans)
$89,106
avg assets per participant

Where Reach for Resources, Inc. sits by total assets

Reach for Resources, Inc. vs every filed plan by assets

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

$1,782,123 29th percentile higher than 29% of 127,068 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 2023

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Reach for Resources, Inc. reported net income rose from -$449K in the plan year 2022 filing to $643K in the plan year 2023 filing.
  • Reach for Resources, Inc. end-of-year assets rose from $1M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Reach for Resources, Inc. reported participants fell from 23 in the plan year 2022 filing to 20 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Minnesota
Industry
Educational Services

Reach for Resources, Inc. across 3 plan years on file

Across the 3 plan years Reach for Resources, Inc. has on file (2022-2024), sponsor-wide plan assets have moved from $1M to $2M, a gain of 94.8%, while reported participants moved from 23 to 22 (-4.3%). Peak year by sponsor assets: 2024 ($2M); trough: 2022 ($1M).

Reach for Resources, Inc. multi-year asset trail

$1M$1.5M$2M$2.5M 202220232024 $1.14M $2.22M ▲ +94.7%
Total plan assets by year, all Reach for Resources, Inc. plans on file
Year Plans Participants Total Assets
2022 1 23 $1M
2023 1 20 $2M
2024 1 22 $2M

Reach for Resources, Inc. filing trail (2023)

Total Assets (Beginning of Year)$1M
Net Assets (End of Year)$2M
Net Income$643K
Employer EIN411519855
Plan Effective Date1995-01-01
Filing StatusFILING RECEIVED

Nearby Other Plans in Minnesota

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

Reach for Resources, Inc. vs. nearby Other plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -5051015 Total assets ($B) Participants Reach for Resources,…, Total assets ($B): 0.001782123 · Participants: 20Reach for Resources,…Mayo 403(b) Plan, Total assets ($B): 11.206302019 · Participants: 84098Mayo 403(b) PlanCentracare Health Sy…, Total assets ($B): 0.826746245 · Participants: 9437Centracare Health Sy…Childrens Hospitals …, Total assets ($B): 0.820036853 · Participants: 5331Childrens Hospitals …Carpenters & Joiners…, Total assets ($B): 0.718854174 · Participants: 21043Carpenters & Joiners…University of St. Th…, Total assets ($B): 0.4224871 · Participants: 2481University of St. Th…
Reach for Resources, Inc. vs. nearby Other plans in Minnesota, assets vs. participants
Compare Reach for Resources, Inc. side-by-side with 3 peers →

Similar-Sized Other Plans Nationally

Other plans in other states closest to Reach for Resources, Inc. by total assets, not by location.

Frequently Asked Questions

How did Reach for Resources, Inc. assets move in 2023? ▼
Reach for Resources, Inc. surged - up 56.4% during 2023, from $1M to $2M. Reported net income was $643K.
How have Reach for Resources, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Reach for Resources, Inc.'s sponsor-wide assets grew 94.8%, from $1M to $2M.
Which Other plans are similar in size to Reach for Resources, Inc.? ▼
Among Other plans in other states, the closest by assets is The Montessori School in PA ($2M, 26 participants).

Next read for Reach for Resources, Inc.

Multi-year trail

Ways to act on Reach for Resources, Inc.'s numbers.

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 411519855.

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.