Plan Ledger DOL Form 5500 · updated monthly

Ridge Engineering, Inc.401(k)

RIDGE ENGINEERING INC. 401(K) PLAN · HAMPSTEAD, MD · plan year 2022

Employer contribution per participant · 2022
$0

Ridge Engineering, Inc.'s 2022 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $45,281 across 0 participant accounts, with employer contributions averaging $0 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Maryland (1,664th of 1,671), and 13,634th of 13,661 in manufacturing.

Plan summary
Net assets, end of year$45,281
Participants with balances0
Active participants1
Employer contributions$0
Employee contributions$0
Employer contribution per active participant$0
Average account balance—
Benefits paid to participants$7,518,198
Plan auditUnmodified (clean) audit opinion
AuditorKEITH LINDAHL CPA PLLC
The Ridge Engineering, Inc. 401(k) match · 2022
Employer contribution per active participant$0
Median for plans this size$1,114

Ridge Engineering, Inc.'s 2022 employer contribution ran below the $1,114 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

Same employer
Similar plansManufacturing · Maryland
Hadley Farms, Inc. MD$1.9M · 0.97%
Terra Universal, Inc. CA$56K · 0.29%
USA Millwork, LLC. IL$54K · 1.54%

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Source: U.S. Department of Labor, Form 5500 series, EIN 520908121 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.