Riesbeck Food Markets, Inc. Profit Sharing 401(K) Plan — Form 5500 plan (Riesbeck Food Markets, Inc.)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Riesbeck Food Markets, Inc. Profit Sharing 401(K) Plan is a benefit plan reported by Riesbeck Food Markets, Inc. under EIN 34-0490620 and plan number 004. The latest loaded filing year is 2023. The filing reports 935 participants and $16,527,164 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$16.5MPlan net assets, end of year$16,527,164
Participants935Covered participants reported
Assets / participant$17.7KComputed: assets ÷ participants$17,676 (computed)
Provider compensation$19.5K3 Schedule C provider row(s)$19,522
Plan sponsor
Riesbeck Food Markets, Inc.
EIN
34-0490620
Plan number
004
Plan type
2
Location
St Clairsville, OH
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023935H, C20241014142038NAL0027544385001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$16.5M total assets
Net assets$16.5MLiabilities$0
Money in vs. money out
Total income / additions$3.2M
Total expenses$1.1M
Benefits paid / distributions$1M
Contributions
Employer$99.7K
Participant$567.4K
Full reported line items

Net assets

Total assets (EOY)
$16,527,164
Total liabilities (EOY)
$0
Net assets (EOY)
$16,527,164
Net assets (BOY)
$14,372,621

Income & contributions

Employer contributions
$99,673
Participant contributions
$567,434
Total contributions
$667,107
Total income / additions
$3,207,033

Expenses & distributions

Benefits paid
$1,021,968
Administrative expenses
$19,522
Total expenses
$1,052,490
Net increase / (decrease)
$2,154,543
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 15%Participant 85%
Total expenses ÷ net assets6%Computed ratio
Benefits paid ÷ total income32%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Wesbanco Bank IncTRUSTEE$15,091not reported in the loaded dataset2023
Empower Advisory Group, LLCINVESTMENT MGMT$4,431not reported in the loaded dataset2023
Empower Annuity Insurance Company ORECORDKEEPER$0$02023

Related Form 5500 pages