401(k) · DOL Form 5500 · 2024

Reco Equipment Inc 401(k) Plan

Data updated 2026-08-25

$18M
Total assets Small plan by assets
304
Participants Below avg headcount
68th
Percentile by assets National rank
$58,521
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Reco Equipment, Inc. 401(k) Savings Plan · Sponsored by Reco Equipment Inc · Ohio · Wholesale Trade

$18M in assets, 304 participants

Reco Equipment Inc's Reco Equipment, Inc. 401(k) Savings Plan reported $18M in total assets and 304 participants in its 2024 DOL Form 5500 filing, ranking in the 68th 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.

  • #3,813 in Wholesale Trade (6,080 peers)

Coverage in Ohio

Reco Equipment, Inc. 401(k) Savings Plan covers 304 participants in Ohio, about 40% of the average Ohio filer (state average ~765 per filing). Assets: $18M.

#3,813
in Wholesale Trade (6,080 peers)
+14.1%
assets growth YoY

Reco Equipment, Inc. 401(k) Savings Plan's outsized position by total assets

Reco Equipment, Inc. 401(k) Savings Plan vs every filed plan by assets

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

$17,790,320 Top 32% higher than 68% 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

Reco Equipment, Inc. 401(k) Savings Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Reco Equipment, Inc. 401(k) Savings Plan sits mid-pack in the medium band (304 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Reco Equipment, Inc. 401(k) Savings Plan reported participants rose from 262 in the plan year 2023 filing to 304 in the plan year 2024 filing.
  • Reco Equipment, Inc. 401(k) Savings Plan end-of-year assets rose from $16M in the plan year 2023 filing to $18M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 311055941 · Reco Equipment Inc PY 2024 · 401(k)

Reco Equipment, Inc. 401(k) Savings Plan · $18M · 304 · 68th

  • TYPE $18M
  • NET 304
  • BOOK 68th
  • VS-ST 401(k)
  • BOY near The Building Center, Inc. 401(k) Profit Sharing Plan
  • SCH ind #3813

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 Wholesale Trade retirement plans → · Plans in Ohio →

Reco Equipment, Inc. 401(k) Savings Plan in the asset neighbourhood

Reco Equipment, Inc. 401(k) Savings PlanReco Equipment, Inc. 401(k) …$18MThe Building Center, Inc. 401(k) Profit Sharing PlanThe Building Center, Inc. 40…$18MIredale Cosmetics, Inc. 401(k) PlanIredale Cosmetics, Inc. 401(…$18MKong 401(k) Plan$18MFalvey Linen Supply, Inc. 401(k) Retirement PlanFalvey Linen Supply, Inc. 40…$18M
End-of-year total assets ($M) among Reco Equipment, Inc. 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Ohio filing particulars

Total Assets (Beginning of Year)$16M
Net Assets (End of Year)$18M
Net Income$2M
Employer EIN311055941
Plan Effective Date1993-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Reco Equipment Inc)

Sponsor-wide plan assets over time

All Reco Equipment Inc plans reported in each filing year

Latest sponsor-wide plan assets
$18M 33.32594895229348% vs 2022
2024 filing year
$12M$14M$16M$18M$20M 202220232024 $13.3M $17.8M ▲ +33.4%
Year Plans Participants Total Assets
2022 1 241 $13M
2023 1 262 $16M
2024 1 304 $18M

Nearby 401(k) Plans in Ohio

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

Reco Equipment, Inc. 401(k) Savings Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -505101520 Total assets ($B) Participants Reco Equipment, Inc. 401(k) Savings Plan, Total assets ($B): 0.01779032 · Participants: 304Reco Equipment, Inc. 401(k) Savings PlanGE Aerospace Retirement Savings Plan, Total assets ($B): 14.738724553 · Participants: 45620GE Aerospace Retirement Savings PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 11.809161 · Participants: 135373The Kroger Co. 401(k) Retirement Savings Account PlanThe Progressive 401(k) Plan, Total assets ($B): 11.533546294 · Participants: 62521The Progressive 401(k) PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 10.563559628 · Participants: 47459The Sherwin-Williams Company 401(k) PlanParker Retirement Savings Plan, Total assets ($B): 9.010073432 · Participants: 26315Parker Retirement Savings Plan
Reco Equipment, Inc. 401(k) Savings Plan vs. nearby 401(k) plans in Ohio, assets vs. participants

Reco Equipment, Inc. 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is The Building Center, Inc. 401(k) Profit Sharing Plan in NC ($18M); by covered participants it is Max Credit Union Capital Accumulation Plan in AL (304 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($18M here).

Similar participant headcount

Nearest other-state filings by covered participants (304 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 Reco Equipment, Inc. 401(k) Savings Plan assets move in 2024?
Reco Equipment, Inc. 401(k) Savings Plan grew at a solid clip - up 14.1% during 2024, from $16M to $18M. Reported net income was $2M.
How have Reco Equipment Inc plan assets changed over time?
Across 3 plan years on file (2022-2024), Reco Equipment Inc's sponsor-wide assets grew 33.3%, from $13M to $18M.
Which 401(k) plans are similar in size to Reco Equipment, Inc. 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by assets is The Building Center, Inc. 401(k) Profit Sharing Plan in NC ($18M, 364 participants).
Which 401(k) plans cover a similar participant headcount to Reco Equipment, Inc. 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by covered participants is Max Credit Union Capital Accumulation Plan in AL (304 participants, $57M in assets).