401(k) · DOL Form 5500 · 2023

Ricardo, Inc. 401(k) Plan

Data updated 2026-08-25

$74M
Total assets Below avg plan size
347
Participants Below avg headcount
89th
Percentile by assets National rank
$213,354
Avg per participant Above avg balance/head
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Official DOL plan name: Ricardo, Inc. 401(k) Retirement Plan · Sponsored by Ricardo, Inc. · Michigan · Professional & Technical Services

$74M in assets, 347 participants

Ricardo, Inc.'s Ricardo, Inc. 401(k) Retirement Plan reported $74M in total assets and 347 participants in its 2023 DOL Form 5500 filing, ranking in the 89th 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.

  • #18,353 in Professional & Technical Services (20,321 peers)

Where Ricardo, Inc. 401(k) Retirement Plan sits by assets

Ricardo, Inc. 401(k) Retirement Plan sits in the top quartile of all filed plans by assets, $74M for 347 participants (~$213,354/participant), up 10.4% in 2023.

#18,353
in Professional & Technical Services (20,321 peers)
+10.4%
assets growth YoY
0.7×
vs typical plan assets (national mean)

Ricardo, Inc. 401(k) Retirement Plan's outsized position by total assets

Ricardo, Inc. 401(k) Retirement Plan vs every filed plan by assets

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

$74,033,783 Top 11% higher than 89% 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

Ricardo, Inc. 401(k) Retirement Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Ricardo, Inc. 401(k) Retirement Plan sits mid-pack in the medium band (347 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Ricardo, Inc. 401(k) Retirement Plan reported net income rose from -$12M in the plan year 2022 filing to $7M in the plan year 2023 filing.
  • Ricardo, Inc. 401(k) Retirement Plan reported participants rose from 310 in the plan year 2022 filing to 347 in the plan year 2023 filing.
  • Ricardo, Inc. 401(k) Retirement Plan end-of-year assets rose from $67M in the plan year 2022 filing to $74M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 382833470 · Ricardo, Inc. PY 2023 · 401(k)

Ricardo, Inc. 401(k) Retirement Plan · $74M · 347 · 89th

  • BOY $74M
  • BOY 347
  • BOY 89th
  • BOY 401(k)
  • BOY near American Institute for Cpcu Savings Plan
  • BOY ind #18353

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 Professional & Technical Services retirement plans → · Plans in Michigan →

Ricardo, Inc. 401(k) Retirement Plan in the asset neighbourhood

Rcc 401(k) Plan and Trust$74MRicardo, Inc. 401(k) Retirement PlanRicardo, Inc. 401(k) Retirem…$74MAmerican Institute for Cpcu Savings PlanAmerican Institute for Cpcu …$74MVita Plus Corporation 401(k) PlanVita Plus Corporation 401(k)…$74MComponent Repair Technologies Inc 401(k) PlanComponent Repair Technologie…$74M
End-of-year total assets ($M) among Ricardo, Inc. 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$67M
Net Assets (End of Year)$74M
Net Income$7M
Employer EIN382833470
Plan Effective Date1993-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Ricardo, Inc.)

Sponsor-wide plan assets over time

All Ricardo, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$78M 15.72227208236292% vs 2022
2024 filing year
$65M$70M$75M$80M 202220232024 $67.1M $77.6M ▲ +15.7%
Year Plans Participants Total Assets
2022 1 310 $67M
2023 1 347 $74M
2024 1 352 $78M

Nearby 401(k) Plans in Michigan

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

Ricardo, Inc. 401(k) Retirement Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510152025 Total assets ($B) Participants Ricardo, Inc. 401(k) Retirement Plan, Total assets ($B): 0.074033783 · Participants: 347Ricardo, Inc. 401(k) Retirement PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 20.378449285 · Participants: 47299General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 15.588575271 · Participants: 30516Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 10.084842211 · Participants: 18088The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 8.580684909 · Participants: 40393The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 7.617084451 · Participants: 59195Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Ricardo, Inc. 401(k) Retirement Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

Ricardo, Inc. 401(k) Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is American Institute for Cpcu Savings Plan in PA ($74M); by covered participants it is Rug Doctor, LLC 401(k) Retirement Plan in TX (347 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($74M here).

Similar participant headcount

Nearest other-state filings by covered participants (347 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 Ricardo, Inc. 401(k) Retirement Plan assets move in 2023?
Ricardo, Inc. 401(k) Retirement Plan grew at a solid clip - up 10.4% during 2023, from $67M to $74M. Reported net income was $7M.
How have Ricardo, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Ricardo, Inc.'s sponsor-wide assets grew 15.7%, from $67M to $78M.
Where does Ricardo, Inc. 401(k) Retirement Plan rank by assets among Form 5500 filers?
Ricardo, Inc. 401(k) Retirement Plan ranks in the 89th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Ricardo, Inc. 401(k) Retirement Plan?
Among 401(k) plans in other states, the closest by assets is American Institute for Cpcu Savings Plan in PA ($74M, 247 participants).
Which 401(k) plans cover a similar participant headcount to Ricardo, Inc. 401(k) Retirement Plan?
Among 401(k) plans in other states, the closest by covered participants is Rug Doctor, LLC 401(k) Retirement Plan in TX (347 participants, $16M in assets).