Profit Sharing
2024 plan-year Profit Sharing DOL Form 5500

Ritchie Engineering Company Savings and Retirement Plan

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

Sponsored by Ritchie Engineering Company, Inc. · Minnesota · Manufacturing

What the 2023 filing shows

Ritchie Engineering Company Savings and Retirement Plan holds $10M for 99 participants — about $105,644 per participant, up 6.6% over the 2024 plan year.

$10M
total plan assets (2024 EOY)
99
covered participants
$105,644
avg assets per participant
+6.6%
assets growth YoY
Total Assets (2023)
$10M
Participants
99
State
Industry
Manufacturing

What the Filing Says About Ritchie Engineering Company Savings and Retirement Plan

Ritchie Engineering Company Savings and Retirement Plan is a Profit Sharing retirement plan sponsored by Ritchie Engineering Company, Inc., headquartered in Minnesota. As of the 2024 Form 5500 filing, the plan reports $10M in total end-of-year assets and covers 99 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 410728331, and the plan has been effective since 1991-10-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $10M at the beginning of 2024 to $10M at year-end — a gain of 6.6%. Net assets (after liabilities) closed the year at $10M, with reported net income of $648K 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)$10M
Total Assets (End of Year)$10M
Net Assets (End of Year)$10M
Net Income$648K
Plan TypeProfit Sharing
Employer EIN410728331
Plan Effective Date1991-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Ritchie Engineering Company, Inc.)

Year Plans Participants Total Assets
2022 1 109 $8M
2023 1 109 $10M
2024 1 99 $10M

Nearby Profit Sharing Plans in Minnesota

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Frequently Asked Questions

How much money is in the Ritchie Engineering Company Savings and Retirement Plan?
As of the 2024 Form 5500 filing, Ritchie Engineering Company Savings and Retirement Plan holds $10M in total assets with 99 participants. It is sponsored by Ritchie Engineering Company, Inc..
What type of plan is Ritchie Engineering Company Savings and Retirement Plan?
Ritchie Engineering Company Savings and Retirement Plan is a Profit Sharing plan. It has been effective since 1991-10-01. The plan is filed with the U.S. Department of Labor under EIN 410728331.
Who sponsors the Ritchie Engineering Company Savings and Retirement Plan?
Ritchie Engineering Company Savings and Retirement Plan is sponsored by Ritchie Engineering Company, Inc., located in Minnesota. The sponsor's EIN is 410728331 and the plan operates in the Manufacturing industry.
How did Ritchie Engineering Company Savings and Retirement Plan perform in 2024?
Ritchie Engineering Company Savings and Retirement Plan grew by 6.6% during 2024, moving from $10M to $10M in total assets. Net income was $648K.
Where can I find official filings for Ritchie Engineering Company Savings and Retirement Plan?
Official Form 5500 filings for Ritchie Engineering Company Savings and Retirement Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 410728331 or plan name at efast.dol.gov.
How does Ritchie Engineering Company Savings and Retirement Plan compare to other plans?
You can compare Ritchie Engineering Company Savings and Retirement Plan against other Profit Sharing 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 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 410728331.

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.