401(k) · DOL Form 5500 · 2023

Reco Equipment Inc 401(k) Plan

Data updated 2026-08-25

$16M
Total assets Small plan by assets
262
Participants Below avg headcount
68th
Percentile by assets National rank
$59,490
Avg per participant Low balance/head
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Official DOL plan name: Reco Equipment, Inc. 401(k) Savings Plan · Sponsored by Reco Equipment Inc · Ohio · Manufacturing

$16M in assets, 262 participants

Reco Equipment Inc's Reco Equipment, Inc. 401(k) Savings Plan reported $16M in total assets and 262 participants in its 2023 DOL Form 5500 filing, ranking in the 68th 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.

  • #10,588 in Manufacturing (18,722 peers)

Coverage in Ohio

Reco Equipment, Inc. 401(k) Savings Plan covers 262 participants in Ohio, about 34% of the average Ohio filer (state average ~765 per filing). Assets: $16M.

#10,588
in Manufacturing (18,722 peers)
+16.8%
assets growth YoY

Reco Equipment, Inc. 401(k) Savings Plan's outsized position by total assets

Reco Equipment, Inc. 401(k) Savings Plan vs every filed plan by assets

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

$15,586,288 Top 32% higher than 68% 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

Reco Equipment, Inc. 401(k) Savings 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. Reco Equipment, Inc. 401(k) Savings Plan sits mid-pack in the medium band (262 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Reco Equipment, Inc. 401(k) Savings Plan reported net income rose from -$2M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Reco Equipment, Inc. 401(k) Savings Plan end-of-year assets rose from $13M in the plan year 2022 filing to $16M in the plan year 2023 filing.
  • Reco Equipment, Inc. 401(k) Savings Plan reported participants rose from 241 in the plan year 2022 filing to 262 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 311055941 · Reco Equipment Inc PY 2023 · 401(k)

Reco Equipment, Inc. 401(k) Savings Plan · $16M · 262 · 68th

  • PART $16M
  • PART 262
  • PART 68th
  • PART 401(k)
  • PART near Rahi Systems 401(k) Plan
  • PART ind #10588

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 Manufacturing retirement plans → · Plans in Ohio →

Reco Equipment, Inc. 401(k) Savings Plan in the asset neighbourhood

Reco Equipment, Inc. 401(k) Savings PlanReco Equipment, Inc. 401(k) …$16MRahi Systems 401(k) Plan$16MTharaldson Hospitality Staffing, LLC 401(k) PlanTharaldson Hospitality Staff…$16MDelta Constructors, LLC 401(k) PlanDelta Constructors, LLC 401(…$16M401(k) Plan for the Employees of El Centro Family Health401(k) Plan for the Employee…$16M
End-of-year total assets ($M) among Reco Equipment, Inc. 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Ohio filing particulars

Total Assets (Beginning of Year)$13M
Net Assets (End of Year)$16M
Net Income$2M
Employer EIN311055941
Plan Effective Date1993-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Reco Equipment Inc)

Sponsor-wide plan assets over time

All Reco Equipment Inc plans reported in each filing year

Latest sponsor-wide plan assets
$18M 33.32594895229348% vs 2022
2024 filing year
$12M$14M$16M$18M$20M 202220232024 $13.3M $17.8M ▲ +33.4%
Year Plans Participants Total Assets
2022 1 241 $13M
2023 1 262 $16M
2024 1 304 $18M

Nearby 401(k) Plans in Ohio

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

Reco Equipment, Inc. 401(k) Savings Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -50510152025 Total assets ($B) Participants Reco Equipment, Inc. 401(k) Savings Plan, Total assets ($B): 0.015586288 · Participants: 262Reco Equipment, Inc. 401(k) Savings PlanGE Retirement Savings Plan, Total assets ($B): 19.485469047 · Participants: 59766GE Retirement Savings PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 10.12932701 · Participants: 47362The Sherwin-Williams Company 401(k) PlanThe Progressive 401(k) Plan, Total assets ($B): 9.225573063 · Participants: 56176The Progressive 401(k) PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 8.445085 · Participants: 129769The Kroger Co. 401(k) Retirement Savings Account PlanNationwide Savings Plan, Total assets ($B): 7.618883027 · Participants: 24715Nationwide Savings Plan
Reco Equipment, Inc. 401(k) Savings Plan vs. nearby 401(k) plans in Ohio, assets vs. participants
Compare Reco Equipment, Inc. 401(k) Savings Plan side-by-side with 3 peers →

Reco Equipment, Inc. 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is Rahi Systems 401(k) Plan in CA ($16M); by covered participants it is Somerset Cpas, P.C. Profit Sharing and 401(k) Savings Plan in IN (262 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($16M here).

Similar participant headcount

Nearest other-state filings by covered participants (262 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 Reco Equipment, Inc. 401(k) Savings Plan assets move in 2023? ▼
Reco Equipment, Inc. 401(k) Savings Plan grew sharply - up 16.8% during 2023, from $13M to $16M. Reported net income was $2M.
How have Reco Equipment Inc plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Reco Equipment Inc's sponsor-wide assets grew 33.3%, from $13M to $18M.
Which 401(k) plans are similar in size to Reco Equipment, Inc. 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Rahi Systems 401(k) Plan in CA ($16M, 290 participants).
Which 401(k) plans cover a similar participant headcount to Reco Equipment, Inc. 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Somerset Cpas, P.C. Profit Sharing and 401(k) Savings Plan in IN (262 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 311055941.

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.