Department of Labor filing
Spot something wrong?ESSEX RICHARDS, P.A.
ESSEX RICHARDS, PA PROFIT SHARING PLAN · For the plan year ended Dec 31, 2025
Public filing 2025 · received Jun 4, 2026Verified current terms Not available
Plan summary
The numbers that matter first
70Strong plan health
medium confidence
medium confidence
See what drives the plan health score
Published only when at least four measures and half of the model weight are available. Missing information is excluded rather than scored as zero.
A current plan document is needed to verify the formula.
$3,479 was reported per active participant, but this is not a match limit.
A dated plan document is needed.
Plan-paid administrative cost per participant; fund and employee fees may be separate.
The public filing does not provide a current, complete fund menu.
A current plan document is needed.
The selected official filing does not establish a current default rate.
The reviewed official source does not establish current Roth availability.
Up 0.0% over the filing history shown.
Participation up 0.0% · assets up 0.0%
How the score works →What this tells you: company-wide scale, reported employer support, participation activity, visible administrative cost, and historical direction.
Keep in mind: public filings do not show employee investment returns. Scores use only available measures; missing information lowers confidence, never the score. Current match, vesting, eligibility, investments, and employee-paid fees still require a current plan document.
Filing comparison · 2025—There is not enough comparable filing data to calculate this yet.
How this filing compares
Reported employer contributions64th percentileTypical peer $2,475 · based on 85,770 comparable plans
Lower reported administrative expenseNot enough dataTypical peer $102 · based on 77,997 comparable plans
This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.
Peer-group method: industry size. Limitations: administrative_cost_measure_unavailable_or_zero
The short version
What employees should know
For the year ended Dec 31, 2025, ESSEX RICHARDS, P.A. reported $93,936 in employer contributions across this plan, or $3,479 per active participant. This is the best company-wide filing average available—not a promise of what any one employee receives.
Up 0.0% across the filing years shown. The filing does not report every employee who was eligible.
Change in employer contributions per active participant.
Change in reported administrative cost per participant. Fund expenses may be separate.
A fair peer score is not available yet.
What this public record cannot answer
For the current match, vesting rules, eligibility, employee fees, and investment choices, we need a recent plan document. We leave those details blank until we have one.
Money and scale
Contributions, assets, and expenses
These are plan-wide totals. They are not individual account balances.
- Employer contributions
- $93,936 $3,479 per active participant
- Participant contributions
- $274,881
- Other contributions
- Not reported Amounts not classified as employer or participant contributions
- Employer share of contributions
- 25.5%
- Active participants
- 27 Small plan
- Total participants
- 33 35 at the beginning of the year
- Ending assets
- $6,056,574 $183,533 per participant
- Net-asset change
- Up 0.0% Not the same as investment performance
- Beginning net assets
- $5,220,093
- Ending net assets
- $6,056,574
- Beginning liabilities
- Not reported
- Ending liabilities
- Not reported
- Total income
- $1,252,684
- Total expenses
- $416,203
- Administrative expenses
- $0 $0 per active participant
- Participant loans
- Not reported Not reported of plan assets
Three-year filing history
How the reported figures changed
Each chart uses the selected public filing for that year. Missing values remain blank rather than becoming zero.
2025
$3,479
2025
$0
2025
27
2025
$6,056,574
2025
Not reported
| Plan year | Employer money per active participant | Active participants | Plan assets |
|---|---|---|---|
| 2025 | $3,479 | 27 | 6.1M |
Changes in plan assets are not the same as investment performance.
Plan health
Operational signals worth checking
- Participant loans as a share of plan assets
- Not reported
- Independent accountant’s opinion
- Not stated in the filing
- Late participant contributions reported
- Not reportedA “yes” needs context and is not, by itself, proof of wrongdoing.
- Loan defaults reported
- Not reported
- Lease defaults reported
- Not reportedOnly a small number of filings report these events.
- Nonexempt transactions reported
- Not reported
- Public plan identifier
- 561144645-001
Reported plan details
Identity and filing status
- Plan type
- Retirement plan
- Employer arrangement
- 1
- Plan effective date
- Apr 1, 1977
- Industry
- Professional, scientific, and technical services
- Amended filing
- No
- Final filing for this plan
- No
- Short plan year
- No
- 401(k) feature reported
- Yes
Show DOL characteristic codes
2E2F2J3D2G
Company filings
What the company has told the SEC about this plan
We found these passages in official company filings. They may help explain the plan, but we do not treat them as current benefits until the wording and date have been checked.
10-K · report period May 30, 2026RICHARDSON ELECTRONICS, LTD. — 10-K filed 2026-08-03 ↗
Official filing · details not yet checkedWhat it says about employer contributions
profit-sharing plan has a 401(k) provision whereby we match 50 % of employee contributions up to 6.0 % of pay for fiscal 2026, fiscal 2025 and fiscal 2024 . Charges to expense for matching contributions to this plan were $ 1.0 million, $ 0.9 million, and $ 0.9 million, during fiscal 2026, fiscal 2025 and fiscal 2024 , respectively. 10. DISPOSAL OF HEALTHCARE ASSETS AND RELATED CHARGES On January 24, 2025, the Company entered into an Asset Purchase Agreement with DirectMed. Pursuant to the terms and subject to the conditions of the Purchase Agreement, DirectMed purchased assets of the Company used in the operation of its International Medical Equipment and Service ("IMES") business as well as ALTA tube and related inventory (the “IMES Sale”). The IMES Sale transaction closed simultaneously
What it says about vesting
is amortized over the vesting period. We account for the forfeitures of share-based compensation in the period in which they occur. Compensation cost is recognized using a graded vesting schedule over the applicable vesting period. Share-based compensation expense totaled $ 1.6 million during fiscal 2026 , $ 1.5 million during fiscal 2025 , and $ 1.3 million during fiscal 2024 . The tax benefit for share-based compensation expense totaled $ 0.4 million during fiscal 2026 , $ 0.4 million during fiscal 2025 , and $ 0.3 million during fiscal 2024 . Foreign Currency Translation: The functional currency is the local currency at all foreign locations, with the exception of Hong Kong, where the functional currency is the U.S. dollar. Balance sheet items for our foreign entities, included in our
What it says about fees
net sales of $208.9 million during fiscal 2025. • Gross margin was 31.2% of net sales during fiscal 2026, compared to 31.0% of net sales during fiscal 2025. • Selling, general and administrative expenses were $65.7 million, or 28.8% of net sales, during fiscal 2026, compared to $62.2 million, or 29.8% of net sales, during fiscal 2025. • Operating income during fiscal 2026 was $6.5 million, compared to an operating loss of $2.5 million during fiscal 2025. • Other income during fiscal 2026 was $1.0 million, compared to other income of $0.9 million during fiscal 2025. • Net income during fiscal 2026 was $6.4 million, compared to a net loss of $1.1 million during fiscal 2025. Net Sales and Gross Profit Analysis Net sales by segment and percentage change for fiscal 2026, fiscal 2025 and fiscal
Current plan terms
Help fill the gap the filing leaves.
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Filing evidence
Open the selected public records
We use the latest valid received filing for each year after resolving amendments and duplicate records. Open the source to check the original filing.
Filing ACK_ID20260604110751NAL0000699587001
Data sourceDOL Form 5500 bulk data ↗
Filing searchEFAST2 ↗