ESOP · DOL Form 5500 · 2024

Ritchie Trucking Service Holdings, Inc. ESOP

Data updated 2026-08-25

$3M
Total assets Small plan by assets
88
Participants Small participant base
34th
Percentile by assets National rank
$35,228
Avg per participant Low balance/head
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Official DOL plan name: The People Business Employee Stock Ownership Plan · Sponsored by Ritchie Trucking Service Holdings, Inc. · California · Transportation & Warehousing

$3M in assets, 88 participants

Ritchie Trucking Service Holdings, Inc.'s The People Business Employee Stock Ownership Plan reported $3M in total assets and 88 participants in its 2024 DOL Form 5500 filing, ranking in the 34th 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.

  • #1,160 in Transportation & Warehousing (3,299 peers)

What the 2024 filing shows

The People Business Employee Stock Ownership Plan holds $3M for 88 participants - about $35,228 per participant, in the lower half of filed plans by assets.

#1,160
in Transportation & Warehousing (3,299 peers)
-3.1%
assets change YoY

The People Business Employee Stock Ownership Plan's mid-pack asset rank among Transportation & Warehousing and all filers

The People Business Employee Stock Ownership Plan vs every filed plan by assets

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

$3,100,100 34th percentile higher than 34% 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

The People Business Employee Stock Ownership 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. The People Business Employee Stock Ownership Plan is a small filing (88 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • The People Business Employee Stock Ownership Plan reported net income rose from -$426K in the plan year 2023 filing to $259K in the plan year 2024 filing.
  • The People Business Employee Stock Ownership Plan reported participants rose from 80 in the plan year 2023 filing to 88 in the plan year 2024 filing.
  • The People Business Employee Stock Ownership Plan end-of-year assets fell from $3M in the plan year 2023 filing to $3M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 384101587 · Ritchie Trucking Service Holdings, Inc. PY 2024 · ESOP

The People Business Employee Stock Ownership Plan · $3M · 88 · 34th

  • VS-ST $3M
  • BOY 88
  • SCH 34th
  • EBSA ESOP
  • PART near Wilson Iron Works Employee Stock Ownership Plan
  • TYPE ind #1160

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 California →

The People Business Employee Stock Ownership Plan in the asset neighbourhood

Qa Technology Company, Inc. Employee Stock Ownership PlanQa Technology Company, Inc. …$3MThe People Business Employee Stock Ownership PlanThe People Business Employee…$3MWilson Iron Works Employee Stock Ownership PlanWilson Iron Works Employee S…$3MAuto Wheel & Rim Service Co., Inc.Auto Wheel & Rim Service Co.…$3MFirst Robinson Financial Corporation Employee Stock Ownership PlanFirst Robinson Financial Cor…$3M
End-of-year total assets ($M) among The People Business Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Filing particulars (2024)

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)-$15M
Net Income$259K
Employer EIN384101587
Plan Effective Date2018-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Ritchie Trucking Service Holdings, Inc.)

Sponsor-wide plan assets over time

All Ritchie Trucking Service Holdings, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$6M 8.787911614757952% vs 2022
2024 filing year
$5.4M$5.6M$5.8M$6M$6.2M$6.4M 202220232024 $6.19M $5.65M ▼ -8.7%
Year Plans Participants Total Assets
2022 2 219 $6M
2023 2 189 $6M
2024 2 176 $6M

Nearby ESOP Plans in California

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

The People Business Employee Stock Ownership Plan vs. nearby ESOP plans in California, assets vs. participants Scatter plot of 6 data points. -20000200040006000800010000 -20246 Total assets ($B) Participants The People Business Employee Stock Ownership Plan, Total assets ($B): 0.0031001 · Participants: 88The People Business Employee Stock Ownership PlanParsons Employee Stock Ownership Plan, Total assets ($B): 4.994512995 · Participants: 8040Parsons Employee Stock Ownership PlanAcco Employee Stock Ownership Plan, Total assets ($B): 1.694943363 · Participants: 1499Acco Employee Stock Ownership PlanRosendin Electric, Inc. Employee Stock Ownership Plan, Total assets ($B): 1.538046697 · Participants: 1998Rosendin Electric, Inc. Employee Stock Ownership PlanEcc Employee Stock Ownership Plan, Total assets ($B): 0.632082376 · Participants: 317Ecc Employee Stock Ownership PlanAgron, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.596115632 · Participants: 68Agron, Inc. Employee Stock Ownership Plan
The People Business Employee Stock Ownership Plan vs. nearby ESOP plans in California, assets vs. participants
Compare The People Business Employee Stock Ownership Plan side-by-side with 3 peers →

The People Business Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside California, the nearest ESOP by assets is Wilson Iron Works Employee Stock Ownership Plan in IN ($3M); by covered participants it is Lake Elmo Bank Employee Stock Ownership Plan in MN (88 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (88 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 The People Business Employee Stock Ownership Plan assets move in 2024? ▼
The People Business Employee Stock Ownership Plan edged down modestly - down 3.1% during 2024, from $3M to $3M. Reported net income was $259K.
How have Ritchie Trucking Service Holdings, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Ritchie Trucking Service Holdings, Inc.'s sponsor-wide assets declined 8.8%, from $6M to $6M.
Which ESOP plans are similar in size to The People Business Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Wilson Iron Works Employee Stock Ownership Plan in IN ($3M, 23 participants).
Which ESOP plans cover a similar participant headcount to The People Business Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Lake Elmo Bank Employee Stock Ownership Plan in MN (88 participants, $10M 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 384101587.

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.