401(k) · DOL Form 5500 · 2024

Richmond Electric Co Inc 401(k) Plan

Data updated 2026-08-25

$8M
Total assets Small plan by assets
3
Participants Small participant base
51st
Percentile by assets National rank
$2.7M
Avg per participant High balance/head
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Official DOL plan name: Richmond Electric Co Inc Employees Profit Sharing Plan · Sponsored by Richmond Electric Co Inc · Illinois · Construction

$8M in assets, 3 participants

Richmond Electric Co Inc's Richmond Electric Co Inc Employees Profit Sharing Plan reported $8M in total assets and 3 participants in its 2024 DOL Form 5500 filing, ranking in the 51st 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.

  • #4,510 in Construction (9,039 peers)

Richmond Electric Co Inc multi-year trail

Richmond Electric Co Inc's plans moved +45.5% in assets from 2022 to 2024; this filing shows Richmond Electric Co Inc Employees Profit Sharing Plan at $8M / 3 participants.

#4,510
in Construction (9,039 peers)
+21.4%
assets growth YoY

Richmond Electric Co Inc Employees Profit Sharing Plan's mid-pack asset rank among Construction and all filers

Richmond Electric Co Inc Employees Profit Sharing Plan vs every filed plan by assets

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

$8,167,383 Top 49% higher than 51% 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

Richmond Electric Co Inc Employees Profit Sharing Plan among micro filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Richmond Electric Co Inc Employees Profit Sharing Plan is a micro filing (3 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Richmond Electric Co Inc Employees Profit Sharing Plan reported net income rose from $1M in the plan year 2023 filing to $1M in the plan year 2024 filing.
  • Richmond Electric Co Inc Employees Profit Sharing Plan end-of-year assets rose from $7M in the plan year 2023 filing to $8M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 361684410 · Richmond Electric Co Inc PY 2024 · 401(k)

Richmond Electric Co Inc Employees Profit Sharing Plan · $8M · 3 · 51st

  • ASSETS $8M
  • ASSETS 3
  • ASSETS 51st
  • ASSETS 401(k)
  • ASSETS near Fincantieri Marine Systems North America, Inc. 401(k) Safe Harbor Plan
  • ASSETS ind #4510

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 Construction retirement plans → · Plans in Illinois →

Richmond Electric Co Inc Employees Profit Sharing Plan in the asset neighbourhood

Richmond Electric Co Inc Employees Profit Sharing PlanRichmond Electric Co Inc Emp…$8MFincantieri Marine Systems North America, Inc. 401(k) Safe Harbor PlanFincantieri Marine Systems N…$8MPlateau Software Inc. 401(k)$8MDonelan's Savings & Investment PlanDonelan's Savings & Investme…$8MFenton Communications, Inc. 401(k) PlanFenton Communications, Inc. …$8M
End-of-year total assets ($M) among Richmond Electric Co Inc Employees Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Richmond Electric Co Inc multi-year asset trail

Sponsor-wide plan assets over time

All Richmond Electric Co Inc plans reported in each filing year

Latest sponsor-wide plan assets
$8M 45.48692816628089% vs 2022
2024 filing year
$5M$6M$7M$8M$9M 202220232024 $5.61M $8.17M ▲ +45.6%
Year Plans Participants Total Assets
2022 1 2 $6M
2023 1 3 $7M
2024 1 3 $8M

Richmond Electric Co Inc filing trail (2024)

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$8M
Net Income$1M
Employer EIN361684410
Plan Effective Date1981-12-31
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Illinois

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

Richmond Electric Co Inc Employees Profit Sharing Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -50510152025 Total assets ($B) Participants Richmond Electric Co Inc Employees Profit Sharing Plan, Total assets ($B): 0.008167383 · Participants: 3Richmond Electric Co Inc Employees Profit Sharing PlanAccenture United States 401(k) Match and Savings Plan, Total assets ($B): 21.302643276 · Participants: 66965Accenture United States 401(k) Match and Savings PlanState Farm 401(k) Savings Plan, Total assets ($B): 19.010099056 · Participants: 63297State Farm 401(k) Savings PlanUnited Airlines Pilot Retirement Account Plan, Total assets ($B): 16.835964452 · Participants: 16659United Airlines Pilot Retirement Account PlanAbbott Laboratories Stock Retirement Plan, Total assets ($B): 15.755668 · Participants: 38229Abbott Laboratories Stock Retirement PlanWalgreens Retirement Savings Plan, Total assets ($B): 14.535873337 · Participants: 233635Walgreens Retirement Savings Plan
Richmond Electric Co Inc Employees Profit Sharing Plan vs. nearby 401(k) plans in Illinois, assets vs. participants

Richmond Electric Co Inc Employees Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Illinois, the nearest 401(k) by assets is Fincantieri Marine Systems North America, Inc. 401(k) Safe Harbor Plan in VA ($8M); by covered participants it is Herman Smith & Co Ltd 401(k) Profit Sharing Plan & Trust in TX (3 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (3 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 Richmond Electric Co Inc Employees Profit Sharing Plan assets move in 2024?
Richmond Electric Co Inc Employees Profit Sharing Plan grew sharply - up 21.4% during 2024, from $7M to $8M. Reported net income was $1M.
How have Richmond Electric Co Inc plan assets changed over time?
Across 3 plan years on file (2022-2024), Richmond Electric Co Inc's sponsor-wide assets grew 45.5%, from $6M to $8M.
Which 401(k) plans are similar in size to Richmond Electric Co Inc Employees Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Fincantieri Marine Systems North America, Inc. 401(k) Safe Harbor Plan in VA ($8M, 169 participants).
Which 401(k) plans cover a similar participant headcount to Richmond Electric Co Inc Employees Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is Herman Smith & Co Ltd 401(k) Profit Sharing Plan & Trust in TX (3 participants, N/A in assets).