Ricetec, Inc. Retirement Savings Plan For Puerto Rico Employees — Form 5500 plan (Ricetec, 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, Ricetec, Inc. Retirement Savings Plan For Puerto Rico Employees is a benefit plan reported by Ricetec, Inc. under EIN 76-0305675 and plan number 003. The latest loaded filing year is 2023. The filing reports 58 participants and $1,716,769 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$1.7MPlan net assets, end of year$1,716,769
Participants58Covered participants reported
Assets / participant$29.6KComputed: assets ÷ participants$29,599 (computed)
Provider compensationNone reported
Plan sponsor
Ricetec, Inc.
EIN
76-0305675
Plan number
003
Plan type
2
Location
Alvin, TX
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202358I20240416123649NAL0001512562001
Schedule I · 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)$1.7M total assets
Net assets$1.7MLiabilities
Money in vs. money out
Total income / additions$313K
Total expenses$136.7K
Benefits paid / distributions$124.6K
Contributions
Employer$47.4K
Participant$68.2K
Full reported line items

Net assets

Total assets (EOY)
$1,716,769
Net assets (EOY)
$1,716,769
Net assets (BOY)
$1,540,432

Income & contributions

Employer contributions
$47,442
Participant contributions
$68,193
Total income / additions
$313,033

Expenses & distributions

Benefits paid
$124,554
Total expenses
$136,696
Net increase / (decrease)
$176,337
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 41%Participant 59%
Total expenses ÷ net assets8%Computed ratio
Benefits paid ÷ total income40%Computed ratio

Service provider compensation (Schedule C)

No Schedule C service provider compensation is loaded for this plan yet.

Related Form 5500 pages