Other
2023 plan-year Other DOL Form 5500

Ridley USA Inc Hourly Pension Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Ridley USA Inc. · Minnesota · Manufacturing

What the 2023 filing shows

Ridley USA Inc Hourly Pension Plan holds $17M for 66 participants — about $264,690 per participant, down 5.0% over the 2023 plan year.

$17M
total plan assets (2023 EOY)
66
covered participants
$264,690
avg assets per participant
-5.0%
assets change YoY

The plan reported a net loss of $917K for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$17M
Participants
66
State
Industry
Manufacturing

What the Filing Says About Ridley USA Inc Hourly Pension Plan

Ridley USA Inc Hourly Pension Plan is a Other retirement plan sponsored by Ridley USA Inc., headquartered in Minnesota. As of the 2023 Form 5500 filing, the plan reports $17M in total end-of-year assets and covers 66 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 411875165, and the plan has been effective since 1997-05-21. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $18M at the beginning of 2023 to $17M at year-end — a decline of 5.0%. Net assets (after liabilities) closed the year at $17M, with reported net income of $-916,509 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$18M
Total Assets (End of Year)$17M
Net Assets (End of Year)$17M
Net Income$-916,509
Plan TypeOther
Employer EIN411875165
Plan Effective Date1997-05-21
Filing StatusFILING RECEIVED

Sponsor Plan History (Ridley USA Inc.)

Year Plans Participants Total Assets
2022 2 127 $66M
2023 2 112 $64M
2024 2 102 $66M

Nearby Other Plans in Minnesota

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

Frequently Asked Questions

How much money is in the Ridley USA Inc Hourly Pension Plan?
As of the 2023 Form 5500 filing, Ridley USA Inc Hourly Pension Plan holds $17M in total assets with 66 participants. It is sponsored by Ridley USA Inc..
What type of plan is Ridley USA Inc Hourly Pension Plan?
Ridley USA Inc Hourly Pension Plan is a Other plan. It has been effective since 1997-05-21. The plan is filed with the U.S. Department of Labor under EIN 411875165.
Who sponsors the Ridley USA Inc Hourly Pension Plan?
Ridley USA Inc Hourly Pension Plan is sponsored by Ridley USA Inc., located in Minnesota. The sponsor's EIN is 411875165 and the plan operates in the Manufacturing industry.
How did Ridley USA Inc Hourly Pension Plan perform in 2023?
Ridley USA Inc Hourly Pension Plan declined by 5.0% during 2023, moving from $18M to $17M in total assets. Net income was $-916,509.
Where can I find official filings for Ridley USA Inc Hourly Pension Plan?
Official Form 5500 filings for Ridley USA Inc Hourly Pension Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 411875165 or plan name at efast.dol.gov.
How does Ridley USA Inc Hourly Pension Plan compare to other plans?
You can compare Ridley USA Inc Hourly Pension Plan against other Other plans on the plan type page, or view plans in Minnesota on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 411875165.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

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