Profit Sharing · DOL Form 5500 · 2023

Rick Engineering Company Profit Sharing Plan

Data updated 2026-08-11

$12M
Total assets
293
Participants
63rd
Percentile by assets
$42,154
Avg per participant
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Official DOL plan name: Rick Engineering Company Profit Sharing Plan and Trust · Sponsored by Rick Engineering Company · California · Professional & Technical Services

$12M in assets, 293 participants

Rick Engineering Company's Rick Engineering Company Profit Sharing Plan and Trust reported $12M in total assets and 293 participants in its 2023 DOL Form 5500 filing, ranking in the 63rd 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.

  • 63rd percentile by assets (of 127,072 plans)
  • #12,654 in Professional & Technical Services (20,321 peers)

Coverage in California

Rick Engineering Company Profit Sharing Plan and Trust covers 293 participants in California, about 46% of the average California filer (state average ~630 per filing). Assets: $12M.

$12M
total plan assets (2023 EOY)
293
covered participants
63rd
percentile by assets (of 127,072 plans)
$42,154
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Rick Engineering Company Profit Sharing Plan and Trust reported net income rose from -$1M in the plan year 2022 filing to $844K in the plan year 2023 filing.
  • Rick Engineering Company Profit Sharing Plan and Trust end-of-year assets rose from $11M in the plan year 2022 filing to $12M in the plan year 2023 filing.
  • Rick Engineering Company Profit Sharing Plan and Trust reported participants fell from 309 in the plan year 2022 filing to 293 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Participants vs California filers

In California, the average filing covers about 630 participants across 15,291 plans. Rick Engineering Company Profit Sharing Plan and Trust reports 293 participants - about 46% of that state average ($12M EOY assets).

California filing particulars

Total Assets (Beginning of Year)$11M
Net Assets (End of Year)$12M
Net Income$844K
Employer EIN951859899
Plan Effective Date1979-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Rick Engineering Company)

$50M$60M$70M$80M 202220232024 $55.1M $73.4M ▲ +33.1%
Total plan assets by year, all Rick Engineering Company plans on file
Year Plans Participants Total Assets
2022 2 615 $55M
2023 2 685 $67M
2024 2 694 $73M

Nearby Profit Sharing Plans in California

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

Rick Engineering Company Profit Sharing Plan and Trust vs. nearby Profit Sharing plans in California, assets vs. participants

Rick Engineering Company Profit Sharing Plan and Trust vs. nearby Profit Sharing plans in California, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -202468 Total assets ($B) Participants Rick Engineering Com…Intel Retirement Con…Scpmg Keogh PlanMotion Picture Indus…Memorialcare Retirem…Disney Retirement Sa…
Rick Engineering Company Profit Sharing Plan and Trust vs. nearby Profit Sharing plans in California, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Rick Engineering Company Profit Sharing Plan and Trust by total assets, not by location.

Frequently Asked Questions

How did Rick Engineering Company Profit Sharing Plan and Trust assets move in 2023?
Rick Engineering Company Profit Sharing Plan and Trust grew at a solid clip - up 7.5% during 2023, from $11M to $12M. Reported net income was $844K.
How have Rick Engineering Company plan assets changed over time?
Across 3 plan years on file (2022-2024), Rick Engineering Company's sponsor-wide assets grew 33.1%, from $55M to $73M.
Which Profit Sharing plans are similar in size to Rick Engineering Company Profit Sharing Plan and Trust?
Among Profit Sharing plans in other states, the closest by assets is Fall Creek Farm & Nursery, Inc. 401(k) Profit in OR ($12M, 162 participants).

Next read for Rick Engineering Company Profit Sharing …

Filing takeaways

Ways to act on Rick Engineering Company Profit Sharing Plan and Trust's numbers.