Ric-man Construction, Inc. 401(k) Plan: Login, Facts & Contact Information

Ric-man Construction, Inc. 401(k) Plan Facts

Plan name
RIC-MAN CONSTRUCTION, INC. EMPLOYEES' PROFIT SHARING PLAN AND TRUST
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
RIC-MAN CONSTRUCTION, INC.
Participants
96 (72 active employees)
Plan assets
$3,116,521 at Dec 31, 2024
Average account balance
$72,477 across 43 accounts
Employer contributions
$47,767 in plan year 2024 (23% of all contributions)
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1986
✓ Employer contributions✓ Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500-SF for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Oct 8, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $208,857 went into the plan in contributions, $47,767 of it from the employer (23%).
  • $354,210 was paid out to participants.
  • Investment and other income added $384,624.

How the Ric-man Construction, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019162$2.10 million$66,370$870,881
202041$2.46 million$39,679$42,334
202149$2.87 million$44,117$67,085
202258$2.48 million$61,599$191,707
202356$2.89 million$56,879$184,169
202496$3.12 million$47,767$354,210

Ric-man Construction, Inc. 401(k) Contact Information

Phone
586-739-5210
Mailing address
41500 MOUND ROAD, STERLING HEIGHTS MI 48314
Plan sponsor
RIC-MAN CONSTRUCTION, INC.
Employer identification number (EIN)
38-1943960
Plan number
001

Questions about the Ric-man Construction, Inc. 401(k)

Does Ric-man Construction, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $47,767, 23% of all contributions.

Does the Ric-man Construction, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Ric-man Construction, Inc 401(k) plan?

96 participants at the start of plan year 2024, 72 of them active employees.

What is the average 401(k) balance at Ric-man Construction, Inc?

About $72,477 per account: $3.12 million in plan assets across 43 accounts with a balance at the end of plan year 2024.

Who manages the Ric-man Construction, Inc 401(k) accounts?

Transamerica is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Ric-man Construction, Inc. How do I access my 401(k)?

Your account stays with Transamerica after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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