ESOP · DOL Form 5500 · 2024

Ritchie Industries, Inc. ESOP

Data updated 2026-08-25

$9M
Total assets Small plan by assets
21
Participants Small participant base
53rd
Percentile by assets National rank
$415,561
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Ritchie Industries, Inc. Profit Sharing Plan · Sponsored by Ritchie Industries, Inc. · Iowa · Manufacturing

$9M in assets, 21 participants

Ritchie Industries, Inc.'s Ritchie Industries, Inc. Profit Sharing Plan reported $9M in total assets and 21 participants in its 2024 DOL Form 5500 filing, ranking in the 53rd 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.

  • #6,725 in Manufacturing (17,777 peers)

Ritchie Industries, Inc. multi-year trail

Ritchie Industries, Inc.'s plans moved -64.7% in assets from 2022 to 2024; this filing shows Ritchie Industries, Inc. Profit Sharing Plan at $9M / 21 participants.

#6,725
in Manufacturing (17,777 peers)
-72.3%
assets change YoY

The plan reported a net loss of $10M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Ritchie Industries, Inc. Profit Sharing Plan's mid-pack asset rank among Manufacturing and all filers

Ritchie Industries, Inc. Profit Sharing Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$8,726,771 Top 47% higher than 53% of 123,620 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 2024

Ritchie Industries, Inc. Profit Sharing Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Ritchie Industries, Inc. Profit Sharing Plan is a small filing (21 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Ritchie Industries, Inc. Profit Sharing Plan reported net income fell from $7M in the plan year 2023 filing to -$10M in the plan year 2024 filing.
  • Ritchie Industries, Inc. Profit Sharing Plan end-of-year assets fell from $32M in the plan year 2023 filing to $9M in the plan year 2024 filing.
  • Ritchie Industries, Inc. Profit Sharing Plan reported participants rose from 19 in the plan year 2023 filing to 21 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 421147837 · Ritchie Industries, Inc. PY 2024 · ESOP

Ritchie Industries, Inc. Profit Sharing Plan · $9M · 21 · 53rd

  • IND $9M
  • EOY 21
  • 5500 53rd
  • ASSETS ESOP
  • PCT near Insurance Office of America, Inc. Employee Stock Ownership Plan
  • EIN ind #6725

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 What is an ESOP? → · Plans in Iowa →

Ritchie Industries, Inc. Profit Sharing Plan in the asset neighbourhood

Insurance Office of America, Inc. Employee Stock Ownership PlanInsurance Office of America,…$9MMeridian Corporation Employee Stock Ownership PlanMeridian Corporation Employe…$9MRitchie Industries, Inc. Profit Sharing PlanRitchie Industries, Inc. Pro…$9MAutomated Conveyor Systems, Inc. Employee Stock Ownership PlanAutomated Conveyor Systems, …$9MCirtronics Corporation Employee Stock Ownership PlanCirtronics Corporation Emplo…$9M
End-of-year total assets ($M) among Ritchie Industries, Inc. Profit Sharing Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Ritchie Industries, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Ritchie Industries, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$9M 64.73456273266423% vs 2022
2024 filing year
$0M$10M$20M$30M$40M 202220232024 $24.8M $8.73M ▼ -64.7%
Year Plans Participants Total Assets
2022 1 19 $25M
2023 1 19 $32M
2024 1 21 $9M

Ritchie Industries, Inc. filing trail (2024)

Total Assets (Beginning of Year)$32M
Net Assets (End of Year)$9M
Net Income-$10M
Employer EIN421147837
Plan Effective Date2004-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Iowa

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

Ritchie Industries, Inc. Profit Sharing Plan vs. nearby ESOP plans in Iowa, assets vs. participants Scatter plot of 6 data points. -500050010001500 -20002004006008001000 Total assets ($M) Participants Ritchie Industries, Inc. Profit Sharing Plan, Total assets ($M): 8.726771 · Participants: 21Ritchie Industries, Inc. Profit Sharing PlanEmployee Owned Brands, Inc. Employee Stock Ownership Plan, Total assets ($M): 877.41862 · Participants: 819Employee Owned Brands, Inc. Employee Stock Ownership PlanVan Meter Industrial, Inc. Employee Stock Ownership Plan, Total assets ($M): 658.666503 · Participants: 849Van Meter Industrial, Inc. Employee Stock Ownership PlanIta Group Holdings, Inc. Employees' Stock Ownership Plan, Total assets ($M): 498.079165 · Participants: 907Ita Group Holdings, Inc. Employees' Stock Ownership PlanPrecision, Inc. Employee Stock Ownership Plan and Trust, Total assets ($M): 472.977214 · Participants: 658Precision, Inc. Employee Stock Ownership Plan and TrustVgm Group, Inc. Employee Stock Ownership Plan, Total assets ($M): 426.304167 · Participants: 1169Vgm Group, Inc. Employee Stock Ownership Plan
Ritchie Industries, Inc. Profit Sharing Plan vs. nearby ESOP plans in Iowa, assets vs. participants
Compare Ritchie Industries, Inc. Profit Sharing Plan side-by-side with 3 peers →

Ritchie Industries, Inc. Profit Sharing Plan's out-of-state ESOP peers by assets and headcount

Outside Iowa, the nearest ESOP by assets is Insurance Office of America, Inc. Employee Stock Ownership Plan in FL ($9M); by covered participants it is Bell Stone Granite Employee Stock Ownership Plan in AZ (21 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (21 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Ritchie Industries, Inc. Profit Sharing Plan assets move in 2024? ▼
Ritchie Industries, Inc. Profit Sharing Plan contracted severely - down 72.3% during 2024, from $32M to $9M. Reported net income was -$10M.
How have Ritchie Industries, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Ritchie Industries, Inc.'s sponsor-wide assets declined 64.7%, from $25M to $9M.
Which ESOP plans are similar in size to Ritchie Industries, Inc. Profit Sharing Plan? ▼
Among ESOP plans in other states, the closest by assets is Insurance Office of America, Inc. Employee Stock Ownership Plan in FL ($9M, 1,127 participants).
Which ESOP plans cover a similar participant headcount to Ritchie Industries, Inc. Profit Sharing Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Bell Stone Granite Employee Stock Ownership Plan in AZ (21 participants, $60K in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 421147837.

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.