Department of Labor filing
Spot something wrong?RICHARDS WELDING & METAL FABRI
RICHARDS WELDING & METAL FABRI 401(K) PROFIT SHARING PLAN & TRUST · For the plan year ended Dec 31, 2025
Public filing 2025 · received Jun 3, 2026Verified current terms Not available
Plan summary
What matters most
This plan has an employer contribution that still needs verification and vesting that still needs verification. Reported employer contributions are around the middle of comparable plans.
63Fair plan health
high confidence
high 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.
Up 0.0% over the filing history shown.
Participation up 0.0% · assets up 0.0% · loans 1.6% of assets
How the score works →Still to verify: vesting, employee fees, investment choices, eligibility, automatic enrollment, Roth availability. These items stay out of the summary until a dated source confirms them.
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 · 202543out of 100 among similar-size plans in the same industry when enough peers exist
How this filing compares
Reported employer contributions31st percentileTypical peer $1,795 · based on 16,718 comparable plans
Lower reported administrative expense71st percentileTypical peer $116 · based on 15,961 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. The comparison used the most specific peer group with enough valid filings.
The short version
What employees should know
For the year ended Dec 31, 2025, RICHARDS WELDING & METAL FABRI reported $54,818 in employer contributions across this plan, or $1,075 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.
Compared with similarly sized plans in the same industry.
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
- $54,818 $1,075 per active participant
- Participant contributions
- $97,429
- Other contributions
- $0 Amounts not classified as employer or participant contributions
- Employer share of contributions
- 36.0%
- Active participants
- 51 Small plan
- Total participants
- 128 60 at the beginning of the year
- Ending assets
- $352,695 $2,755 per participant
- Net-asset change
- Up 0.0% Not the same as investment performance
- Beginning net assets
- $228,067
- Ending net assets
- $352,695
- Beginning liabilities
- $0
- Ending liabilities
- $0
- Total income
- $201,872
- Total expenses
- $77,244
- Administrative expenses
- $3,896 $30 per active participant
- Participant loans
- $5,650 1.6% 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
$1,075
2025
$30
2025
51
2025
$352,695
2025
1.6%
| Plan year | Employer money per active participant | Active participants | Plan assets |
|---|---|---|---|
| 2025 | $1,075 | 51 | 352.7K |
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
- 1.6%
- 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
- 813539297-001
Reported plan details
Identity and filing status
- Plan type
- Retirement plan
- Employer arrangement
- 1
- Plan effective date
- Jan 1, 2019
- Industry
- Industry group 33
- Amended filing
- No
- Final filing for this plan
- No
- Short plan year
- No
- 401(k) feature reported
- Yes
Show DOL characteristic codes
2E2F2G2J2K2S2T3D
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.
If you have a current SPD, fee disclosure, or enrollment guide, you can share it with us. We check the source and date before adding anything to the profile.
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_ID20260603125055NAL0000086449001
Data sourceDOL Form 5500 bulk data ↗
Filing searchEFAST2 ↗