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RITEC, INC.

Company Details

Name: RITEC, INC.
Jurisdiction: Rhode Island
Entity type: Domestic Profit Corporation
Status: Activ
Date of Organization in Rhode Island: 02 Jul 1986 (39 years ago)
Identification Number: 000039330
ZIP code: 02886
County: Kent County
Principal Address: 60 ALHAMBRA ROAD SUITE 5, WARWICK, RI, 02886, USA
Purpose: TO ENGAGE IN MANUFACTURING AND SALE OF ELECTRONIC EQUIPMENT AND CONSULTING

Industry & Business Activity

NAICS

334516 Analytical Laboratory Instrument Manufacturing

This U.S. industry comprises establishments primarily engaged in manufacturing instruments and instrumentation systems for laboratory analysis of the chemical or physical composition or concentration of samples of solid, fluid, gaseous, or composite material. Learn more at the U.S. Census Bureau

form 5500

Plan Name Plan Year EIN/PN Received Sponsor Total number of participants
RITEC, INC. 401K PROFIT SHARING PLAN AND TRUST 2023 050425236 2024-05-30 RITEC, INC. 9
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2014-01-01
Business code 334500
Sponsor’s telephone number 4017383660
Plan sponsor’s address 60 ALHAMBRA RD STE 5, WARWICK, RI, 02886

Signature of

Role Plan administrator
Date 2024-05-30
Name of individual signing MICHAEL RAGOSTA
Valid signature Filed with authorized/valid electronic signature
RITEC, INC. 401K PROFIT SHARING PLAN AND TRUST 2022 050425236 2023-05-31 RITEC, INC. 10
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2014-01-01
Business code 334500
Sponsor’s telephone number 4017383660
Plan sponsor’s address 60 ALHAMBRA RD STE 5, WARWICK, RI, 02886

Signature of

Role Plan administrator
Date 2023-05-31
Name of individual signing MICHAEL RAGOSTA
Valid signature Filed with authorized/valid electronic signature
RITEC, INC. 401K PROFIT SHARING PLAN AND TRUST 2021 050425236 2022-05-23 RITEC, INC. 10
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2014-01-01
Business code 334500
Sponsor’s telephone number 4017383660
Plan sponsor’s address 60 ALHAMBRA RD STE 5, WARWICK, RI, 02886

Signature of

Role Plan administrator
Date 2022-05-23
Name of individual signing MICHAEL RAGOSTA
Valid signature Filed with authorized/valid electronic signature
RITEC, INC. 401K PROFIT SHARING PLAN AND TRUST 2020 050425236 2021-06-01 RITEC, INC. 9
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2014-01-01
Business code 334500
Sponsor’s telephone number 4017383660
Plan sponsor’s address 60 ALHAMBRA RD STE 5, WARWICK, RI, 02886

Signature of

Role Plan administrator
Date 2021-06-01
Name of individual signing MICHAEL RAGOSTA
Valid signature Filed with authorized/valid electronic signature
RITEC, INC. 401K PROFIT SHARING PLAN AND TRUST 2019 050425236 2020-06-30 RITEC, INC. 9
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2014-01-01
Business code 334500
Sponsor’s telephone number 4017383660
Plan sponsor’s address 60 ALHAMBRA RD STE 5, WARWICK, RI, 02886

Signature of

Role Plan administrator
Date 2020-06-30
Name of individual signing MICHAEL RAGOSTA
Valid signature Filed with authorized/valid electronic signature
RITEC, INC. 401K PROFIT SHARING PLAN AND TRUST 2019 050425236 2020-06-16 RITEC, INC. 9
Three-digit plan number (PN) 001
Effective date of plan 2014-01-01
Business code 334500
Sponsor’s telephone number 4017383660
Plan sponsor’s address 60 ALHAMBRA RD STE 5, WARWICK, RI, 02886

Signature of

Role Plan administrator
Date 2020-06-16
Name of individual signing MRAGOSTA1960
Valid signature Filed with authorized/valid electronic signature
RITEC, INC. 401K PROFIT SHARING PLAN AND TRUST 2018 050425236 2019-05-31 RITEC, INC. 9
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2014-01-01
Business code 334500
Sponsor’s telephone number 4017383660
Plan sponsor’s address 60 ALHAMBRA RD STE 5, WARWICK, RI, 02886

Signature of

Role Plan administrator
Date 2019-05-31
Name of individual signing MICHAEL RAGOSTA
Valid signature Filed with authorized/valid electronic signature
RITEC, INC. 401K PROFIT SHARING PLAN AND TRUST 2017 050425236 2018-06-14 RITEC, INC. 8
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2014-01-01
Business code 334500
Sponsor’s telephone number 4017383660
Plan sponsor’s address 60 ALHAMBRA RD STE 5, WARWICK, RI, 02886

Signature of

Role Plan administrator
Date 2018-06-14
Name of individual signing MICHAEL RAGOSTA
Valid signature Filed with authorized/valid electronic signature
RITEC, INC. 401K PROFIT SHARING PLAN AND TRUST 2016 050425236 2017-06-05 RITEC, INC. 9
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2014-01-01
Business code 335310
Sponsor’s telephone number 4017383660
Plan sponsor’s address 60 ALHAMBRA RD STE 5, WARWICK, RI, 02886

Signature of

Role Plan administrator
Date 2017-06-05
Name of individual signing MICHAEL RAGOSTA
Valid signature Filed with authorized/valid electronic signature
RITEC, INC. 401K PROFIT SHARING PLAN AND TRUST 2015 050425236 2016-05-23 RITEC, INC. 9
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2014-01-01
Business code 335310
Sponsor’s telephone number 4017383660
Plan sponsor’s address 60 ALHAMBRA RD STE 5, WARWICK, RI, 02886

Signature of

Role Plan administrator
Date 2016-05-23
Name of individual signing MICHAEL RAGOSTA
Valid signature Filed with authorized/valid electronic signature
File https://efast2-filings-public.s3.amazonaws.com/prd/2015/06/04/20150604133707P030029051959001.pdf
Three-digit plan number (PN) 001
Effective date of plan 2014-01-01
Business code 335310
Sponsor’s telephone number 4017383660
Plan sponsor’s address 60 ALHAMBRA RD SUITE 5, WARWICK, RI, 02886

Signature of

Role Plan administrator
Date 2015-06-04
Name of individual signing MICHAEL A RAGOSTA
Valid signature Filed with authorized/valid electronic signature

Agent

Name Role Address
EDWARD D. FELDSTEIN, ESQ. Agent 10 WEYBOSSET STREET SUITE 800, PROVIDENCE, RI, 02903, USA

PRESIDENT

Name Role Address
THOMAS J GRIMSLEY II PRESIDENT 73 NAUSHON AVE WARWICK, RI 02888 USA

TREASURER

Name Role Address
MICHAEL A. RAGOSTA TREASURER 56 WILLOW DRIVE CRANSTON, RI 02920 USA

SECRETARY

Name Role Address
MICHAEL L FICOCELLI SECRETARY 18 HICKORY DRIVE SCITUATE, RI 02857 USA

CEO

Name Role Address
MICHAEL ANTHONY RAGOSTA CEO 56 WILLOW DRIVE CRANSTON, RI 02920 USA

VICE PRESIDENT

Name Role Address
MICHAEL L FICOCELLI VICE PRESIDENT 18 HICKORY DRIVE SCITUATE, RI 02857 USA

DIRECTOR

Name Role Address
MICHAEL L FICOCELLI DIRECTOR 18 HICKORY DRIVE SCITUATE, RI 02857 USA
GARY L PETERSEN DIRECTOR 685 ANNAQUATUCKET RD NORTH KINGSTOWN, RI 02852 USA
THOMAS JAMES GRIMSLEY II DIRECTOR 73 NAUSHON AVENUE WARWICK, RI 02888 USA
MICHAEL A RAGOSTA DIRECTOR 56 WILLOW DRIVE CRANSTON, RI 02920 USA

Filings

Number Name File Date
202446778040 Annual Report 2024-02-19
202327571160 Annual Report 2023-02-06
202210778010 Annual Report 2022-02-14
202184647600 Annual Report 2021-01-06
202030914720 Annual Report 2020-01-01
201984065210 Annual Report 2019-01-09
201856281870 Annual Report 2018-01-17
201730407200 Annual Report 2017-01-18
201629237370 Statement of Change of Registered/Resident Agent Office 2016-12-30
201691025550 Annual Report 2016-01-21

USAspending Awards. Contracts

Contract Type Award or IDV Flag PIID Start Date Current End Date Potential End Date
PURCHASE ORDER AWARD FA860111P0407 2011-08-04 2011-12-03 2011-12-03
Unique Award Key CONT_AWD_FA860111P0407_9700_-NONE-_-NONE-
Awarding Agency Department of Defense
Link View Page

Award Amounts

Obligated Amount 91405.00
Current Award Amount 91405.00
Potential Award Amount 91405.00

Description

Title SNAP-0.25-100-WPAFB RAM-5000 SNAP SYSTEM
NAICS Code 334516: ANALYTICAL LABORATORY INSTRUMENT MANUFACTURING
Product and Service Codes 6635: PHYSICAL PROPERTIES TEST EQ

Recipient Details

Recipient RITEC, INC
UEI QLHRAFPUAXC3
Legacy DUNS 155321581
Recipient Address 60 ALHAMBRA RD STE 5, WARWICK, KENT, RHODE ISLAND, 028861442, UNITED STATES
PURCHASE ORDER AWARD N6660409M3026 2009-05-14 2009-09-08 2009-09-08
Unique Award Key CONT_AWD_N6660409M3026_9700_-NONE-_-NONE-
Awarding Agency Department of Defense
Link View Page

Award Amounts

Obligated Amount 35690.00
Current Award Amount 35690.00
Potential Award Amount 35690.00

Description

Title ULTRASONIC SYSTEM
NAICS Code 334519: OTHER MEASURING AND CONTROLLING DEVICE MANUFACTURING
Product and Service Codes 6625: ELECT ELECTRONIC MEASURING INSTRUMT

Recipient Details

Recipient RITEC, INC
UEI QLHRAFPUAXC3
Legacy DUNS 155321581
Recipient Address 60 ALHAMBRA RD STE 5, WARWICK, KENT, RHODE ISLAND, 028861442, UNITED STATES
PURCHASE ORDER AWARD FA940109P0025 2009-01-12 2009-04-13 2009-04-13
Unique Award Key CONT_AWD_FA940109P0025_9700_-NONE-_-NONE-
Awarding Agency Department of Defense
Link View Page

Award Amounts

Obligated Amount 43425.00
Current Award Amount 43425.00
Potential Award Amount 43425.00

Description

Title SNAP-0.05-7; SNAP ADVANCED MEASUREMENT
NAICS Code 334513: INSTRUMENTS AND RELATED PRODUCTS MANUFACTURING FOR MEASURING, DISPLAYING, AND CONTROLLING INDUSTRIAL PROCESS VARIABLES
Product and Service Codes 6640: LABORATORY EQUIPMENT AND SUPPLIES

Recipient Details

Recipient RITEC, INC
UEI QLHRAFPUAXC3
Legacy DUNS 155321581
Recipient Address 60 ALHAMBRA RD STE 5, WARWICK, KENT, RHODE ISLAND, 028861442, UNITED STATES

USAspending Awards. Financial Assistance

FAIN Awarding Agency Assistance Listings Start Date End Date Description
09233585ST1006 Export-Import Bank of the United States 31.007 - EXPORT - LOAN GUARANTEE/INSURED LOANS 2011-04-01 2012-04-01 EXPORT INSURANCE COVERED PRODUCTS: OTHER ELECTRONIC COMPONENT MANUFACTURING
Recipient RITEC, INC
Recipient Name Raw RITEC, INC.
Recipient UEI QLHRAFPUAXC3
Recipient DUNS 155321581
Recipient Address 60 ALHAMBRA RD, WARWICK, KENT, RHODE ISLAND, 02886-1446, UNITED STATES
Obligated Amount 150000.00
Non-Federal Funding 0.00
Original Subsidy Cost 0.00
Face Value of Direct Loan 0.00
Link View Page
09233585ST0009 Export-Import Bank of the United States 31.007 - EXPORT - LOAN GUARANTEE/INSURED LOANS 2010-04-01 2011-04-01 EXPORT INSURANCE COVERED PRODUCTS: OTHER ELECTRONIC COMPONENT MANUFACTURING
Recipient RITEC, INC
Recipient Name Raw RITEC, INC.
Recipient UEI QLHRAFPUAXC3
Recipient DUNS 155321581
Recipient Address 60 ALHAMBRA RD, WARWICK, KENT, RHODE ISLAND, 02886-1446, UNITED STATES
Obligated Amount 150000.00
Non-Federal Funding 0.00
Original Subsidy Cost 0.00
Face Value of Direct Loan 0.00
Link View Page
09233585ST0008 Export-Import Bank of the United States 31.007 - EXPORT - LOAN GUARANTEE/INSURED LOANS 2009-04-01 2010-04-01 EXPORT INSURANCE COVERED PRODUCTS: OTHER ELECTRONIC COMPONENT MANUFACTURING
Recipient RITEC, INC
Recipient Name Raw RITEC, INC.
Recipient UEI QLHRAFPUAXC3
Recipient DUNS 155321581
Recipient Address 60 ALHAMBRA RD, WARWICK, KENT, RHODE ISLAND, 02886-1446, UNITED STATES
Obligated Amount 150000.00
Non-Federal Funding 0.00
Original Subsidy Cost 0.00
Face Value of Direct Loan 0.00
Link View Page
09233585ST0007 Export-Import Bank of the United States 31.007 - EXPORT - LOAN GUARANTEE/INSURED LOANS 2008-04-01 2009-04-01 EXPORT INSURANCE COVERED PRODUCTS: OTHER ELECTRONIC COMPONENT MANUFACTURING
Recipient RITEC, INC
Recipient Name Raw RITEC, INC.
Recipient UEI QLHRAFPUAXC3
Recipient DUNS 155321581
Recipient Address 60 ALHAMBRA RD, WARWICK, KENT, RHODE ISLAND, 02886-1446, UNITED STATES
Obligated Amount 150000.00
Non-Federal Funding 0.00
Original Subsidy Cost 0.00
Face Value of Direct Loan 0.00
Link View Page

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
5858108403 2021-02-09 0165 PPS 60 Alhambra Rd Ste 5, Warwick, RI, 02886-1442
Loan Status Date 2022-03-29
Loan Status Paid in Full
Loan Maturity in Months 60
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 103848.07
Loan Approval Amount (current) 103848.07
Undisbursed Amount 0
Franchise Name -
Lender Location ID 120245
Servicing Lender Name Bank Rhode Island
Servicing Lender Address One Turks Head Place, PROVIDENCE, RI, 02903-2219
Rural or Urban Indicator U
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address Warwick, KENT, RI, 02886-1442
Project Congressional District RI-02
Number of Employees 10
NAICS code 334417
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Corporation
Originating Lender ID 120245
Originating Lender Name Bank Rhode Island
Originating Lender Address PROVIDENCE, RI
Gender Male Owned
Veteran Non-Veteran
Forgiveness Amount 104344.23
Forgiveness Paid Date 2021-08-03
9081877010 2020-04-09 0165 PPP 60 ALHAMBRA RD SUITE 5, WARWICK, RI, 02886-1416
Loan Status Date 2021-05-12
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 111200
Loan Approval Amount (current) 111200
Undisbursed Amount 0
Franchise Name -
Lender Location ID 120245
Servicing Lender Name Bank Rhode Island
Servicing Lender Address One Turks Head Place, PROVIDENCE, RI, 02903-2219
Rural or Urban Indicator U
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address WARWICK, KENT, RI, 02886-1416
Project Congressional District RI-02
Number of Employees 10
NAICS code 334417
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Corporation
Originating Lender ID 120245
Originating Lender Name Bank Rhode Island
Originating Lender Address PROVIDENCE, RI
Gender Male Owned
Veteran Non-Veteran
Forgiveness Amount 112237.87
Forgiveness Paid Date 2021-03-24

U.S. Small Business Administration Profile

Status User ID Name of Firm Trade Name UEI Address
Active P0314164 RITEC, INC - QLHRAFPUAXC3 60 ALHAMBRA RD STE 5, WARWICK, RI, 02886-1442
Capabilities Statement Link -
Phone Number 401-738-3660
Fax Number 401-738-3661
E-mail Address miker@RitecInc.com
WWW Page http://www.RitecInc.com
E-Commerce Website http://www.RitecInc.com
Contact Person MICHAEL RAGOSTA
County Code (3 digit) 003
Congressional District 02
Metropolitan Statistical Area 6480
CAGE Code 1FFQ9
Year Established 1986
Accepts Government Credit Card Yes
Legal Structure Subchapter S Corporation
Ownership and Self-Certifications -
Business Development Servicing Office RHODE ISLAND DISTRICT OFFICE (SBA office code 0165)
Capabilities Narrative Manufacture Ultrasonic Test Equipment for research
Special Equipment/Materials (none given)
Business Type Percentages Manufacturing (60 %) Research and Development (30 %) Service (10 %)
Keywords ultrasonic, instruments, nondestructive, test, measurement, RF amplifier, high power, pulser, receiver, pre-amplifier, radio frequency, attenuation, velocity, phase array, electromagnetic, transducer, EMAT
Quality Assurance Standards (none given)
Electronic Data Interchange capable -

Current Principals

Name Michael A. Ragosta
Role CEO
Name Thomas Grimsley
Role President
Name Michael Ficocelli
Role Vice President

SBA Federal Certifications

HUBZone Certified No
Women Owned Certified No
Women Owned Pending No
Economically Disadvantaged Women Owned Certified No
Economically Disadvantaged Women Owned Pending No
Veteran-Owned Small Business Certified No
Veteran-Owned Small Business Joint Venture No
Service-Disabled Veteran-Owned Small Business Certified No
Service-Disabled Veteran-Owned Small Business Joint Venture No

Bonding Levels

Description Construction Bonding Level (per contract)
Level $0
Description Construction Bonding Level (aggregate)
Level $0
Description Service Bonding Level (per contract)
Level $0
Description Service Bonding Level (aggregate)
Level $0

NAICS Codes with Size Determinations by NAICS

Primary Yes
Code 334516
NAICS Code's Description Analytical Laboratory Instrument Manufacturing
Buy Green Yes
Code 334513
NAICS Code's Description Instruments and Related Products Manufacturing for Measuring, Displaying, and Controlling Industrial Process Variables
Buy Green Yes
Code 334515
NAICS Code's Description Instrument Manufacturing for Measuring and Testing Electricity and Electrical Signals
Buy Green Yes
Code 334519
NAICS Code's Description Other Measuring and Controlling Device Manufacturing
Buy Green Yes

Export Profile (Trade Mission Online)

Exporter Yes
Export Business Activities Manufacturer
Exporting to Australia; Brazil; Canada; China; Denmark; France; Germany; Greece; Hong Kong; India; Israel; Italy; Japan; Korea, Republic of; Mexico; Malaysia; Norway; Singapore; Sweden; Switzerland; Taiwan; United Kingdom
Desired Export Business Relationships Direct export sales, Representative/Agent/Broker
Description of Export Objective(s) expansion of sales, would like to enter multiple markets especially china

Date of last update: 07 Apr 2025

Sources: Rhode Island Department of State