401(k) · DOL Form 5500 · 2024
Royal Technologies Corporation 401(k) Plan
Data updated 2026-08-11
- $59M
- Total assets
- 1,181
- Participants
- 86th
- Percentile by assets
- $49,891
- Avg per participant
Official DOL plan name: Royal Technologies Corporation Profit Sharing and Retirement Savings Plan · Sponsored by Royal Technologies Corporation · Michigan · Manufacturing
$59M in assets, 1,181 participants
Royal Technologies Corporation's Royal Technologies Corporation Profit Sharing and Retirement Savings Plan reported $59M in total assets and 1,181 participants in its 2024 DOL Form 5500 filing, ranking in the 86th 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.
- 86th percentile by assets (of 123,622 plans)
- #14,198 in Manufacturing (17,777 peers)
Where Royal Technologies Corporation Profit Sharing and Retirement Savings Plan sits by assets
Royal Technologies Corporation Profit Sharing and Retirement Savings Plan sits in the top quartile of all filed plans by assets, $59M for 1,181 participants (~$49,891/participant), up 13.9% in 2024.
- $59M
- total plan assets (2024 EOY)
- 1,181
- covered participants
- 86th
- percentile by assets (of 123,622 plans)
- $49,891
- avg assets per participant
Where Royal Technologies Corporation Profit Sharing and Retirement Savings Plan sits by total assets
Royal Technologies Corporation Profit Sharing and Retirement Savings Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$58,921,272 Top 14% higher than 86% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Royal Technologies Corporation Profit Sharing and Retirement Savings Plan reported net income fell from $9M in the plan year 2023 filing to $7M in the plan year 2024 filing.
- Royal Technologies Corporation Profit Sharing and Retirement Savings Plan end-of-year assets rose from $52M in the plan year 2023 filing to $59M in the plan year 2024 filing.
Royal Technologies Corporation Profit Sharing and Retirement Savings Plan vs the 2024 asset distribution
By assets, Royal Technologies Corporation Profit Sharing and Retirement Savings Plan outranks 86% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.6x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $52M |
|---|---|
| Net Assets (End of Year) | $59M |
| Net Income | $7M |
| Employer EIN | 382726351 |
| Plan Effective Date | 1991-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Royal Technologies Corporation)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 2,279 | $195M |
| 2023 | 2 | 2,223 | $187M |
| 2024 | 2 | 2,241 | $193M |
Nearby 401(k) Plans in Michigan
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- General Motors Retirement Savings Plan for Salaried Employees in the United States $23.1B · 43,053
- Ford Motor Co. Savings and Stock Investment Plan for Salaried Employees $17.3B · 31,790
- The Dow Chemical Company Employees' Savings Plan $10.8B · 17,128
- The General Motors Personal Savings Plan for Hourly-Rate Employees in the United States $9.6B · 42,513
- Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees $8.3B · 60,497
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Royal Technologies Corporation Profit Sharing and Retirement Savings Plan by total assets, not by location.
- Cincinnati Incorporated Employees' 401(k) Plan (OH) $59M · 405
- Haselden Construction LLC 401(k) Savings Plan (CO) $59M · 365
- Grammarly, Inc. 401(k) Plan (CA) $59M · 659
- Raf Industries, Inc. Savings Plan (PA) $59M · 887
Frequently Asked Questions
How did Royal Technologies Corporation Profit Sharing and Retirement Savings Plan assets move in 2024? ▼
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Next read for Royal Technologies Corporation Profit Sh…
Scale reading
Ways to act on Royal Technologies Corporation Profit Sharing and Retirement Savings Plan's numbers.
- By total assets, Royal Technologies Corporation Profit Sharing and Retirement Savings Plan ranks in the top quartile of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Michigan. Compare plans
- Royal Technologies Corporation's sponsor-wide assets have declined 1.3% since 2022 across 3 plan years on file. More Manufacturing plans