Retractable pump down ring

A pump down ring is utilized in a downhole tool for use in a subterranean well. The pump down ring is positioned around the outer surface of a sleeve and is slidably disposed thereon. The pump down ring slidably engages the sleeve so as to have a radially-relaxed position and an expanded position where the pump down ring is expanded radially outward from the radially-relaxed position. Accordingly, the pump down ring can be placed in its expanded position to facilitate placement of the downhole tool in a wellbore by use of fluid pressure and can be placed in its radially-relaxed position to facilitate removal of the downhole tool from the wellbore.