Profit Sharing · DOL Form 5500 · 2024

Glenn a. Rick Engineering & Development Company, Dba Rick Engineering Profit Sharing Plan

Data updated 2026-08-06

$12M
Total assets
312
Participants
60th
Percentile by assets
$38,465
Avg per participant
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Official DOL plan name: Rick Engineering Company Profit-Sharing Plan · Sponsored by Glenn a. Rick Engineering & Development Company, Dba Rick Engineering · California · Professional & Technical Services

$12M in assets, 312 participants

Glenn a. Rick Engineering & Development Company, Dba Rick Engineering's Rick Engineering Company Profit-Sharing Plan reported $12M in total assets and 312 participants in its 2024 DOL Form 5500 filing, ranking in the 60th 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.

  • 60th percentile by assets (of 116,472 plans)

Coverage in California

Rick Engineering Company Profit-Sharing Plan covers 312 participants in California, about 49% of the average California filer (state average ~637 per filing). Assets: $12M.

$12M
total plan assets (2024 EOY)
312
covered participants
60th
percentile by assets (of 116,472 plans)
$38,465
avg assets per participant

The plan reported a net loss of $338K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Rick Engineering Company Profit-Sharing Plan reported net income fell from $844K in the plan year 2023 filing to -$338K in the plan year 2024 filing.
  • Rick Engineering Company Profit-Sharing Plan reported participants rose from 293 in the plan year 2023 filing to 312 in the plan year 2024 filing.
  • Rick Engineering Company Profit-Sharing Plan end-of-year assets fell from $12M in the plan year 2023 filing to $12M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Participants vs California filers

In California, the average filing covers about 637 participants across 14,392 plans. Rick Engineering Company Profit-Sharing Plan reports 312 participants - about 49% of that state average ($12M EOY assets).

California filing particulars

Total Assets (Beginning of Year)$12M
Net Assets (End of Year)$12M
Net Income-$338K
Employer EIN951859899
Plan Effective Date1979-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Glenn a. Rick Engineering & Development Company, Dba Rick Engineering)

$50M$60M$70M$80M 202220232024 $55.1M $75M ▲ +36.1%
Total plan assets by year, all Glenn a. Rick Engineering & Development Company, Dba Rick Engineering plans on file
Year Plans Participants Total Assets
2022 2 615 $55M
2023 2 685 $67M
2024 2 694 $75M

Nearby Profit Sharing Plans in California

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

Rick Engineering Company Profit-Sharing Plan vs. nearby Profit Sharing plans in California, assets vs. participants

Rick Engineering Company Profit-Sharing Plan vs. nearby Profit Sharing plans in California, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -20246810 Total assets ($B) Participants Rick Engineering Com…Scpmg Keogh PlanIntel Retirement Con…Motion Picture Indus…Memorialcare Retirem…Disney Retirement Sa…
Rick Engineering Company Profit-Sharing Plan vs. nearby Profit Sharing plans in California, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Rick Engineering Company Profit-Sharing Plan by total assets, not by location.

Frequently Asked Questions

How did Rick Engineering Company Profit-Sharing Plan assets move in 2024?
Rick Engineering Company Profit-Sharing Plan edged down modestly - down 2.8% during 2024, from $12M to $12M. Reported net income was -$338K.
How have Glenn a. Rick Engineering & Development Company, Dba Rick Engineering plan assets changed over time?
Across 3 plan years on file (2022-2024), Glenn a. Rick Engineering & Development Company, Dba Rick Engineering's sponsor-wide assets grew 36.1%, from $55M to $75M.
Which Profit Sharing plans are similar in size to Rick Engineering Company Profit-Sharing Plan?
Among Profit Sharing plans in other states, the closest by assets is Peabody Essex Museum 401(a) Plan in MA ($12M, 167 participants).

Next read for Rick Engineering Company Profit-Sharing …

Filing takeaways

Ways to act on Rick Engineering Company Profit-Sharing Plan's numbers.

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 951859899.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.