401(k)
2022 plan-year 401(k) DOL Form 5500

RUSSO DEVELOPMENT 401(K) PLAN

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

RUSSO DEVELOPMENT, LLC

This 401(k) plan holds $9M in total assets and serves 158 participants as of 2022. It is sponsored by RUSSO DEVELOPMENT, LLC in New Jersey. The plan reported a net loss of $562K for the year.

Total Assets (2023)
$9M
Participants
158
State
Industry
Real Estate

What the Filing Says About RUSSO DEVELOPMENT 401(K) PLAN

RUSSO DEVELOPMENT 401(K) PLAN is a 401(k) retirement plan sponsored by RUSSO DEVELOPMENT, LLC, headquartered in New Jersey. As of the 2022 Form 5500 filing, the plan reports $9M in total end-of-year assets and covers 158 participants across the Real Estate industry. The sponsor's EIN on file with the U.S. Department of Labor is 223692541, and the plan has been effective since 2010-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $9M at the beginning of 2022 to $9M at year-end — a decline of 6.1%. Net assets (after liabilities) closed the year at $9M, with reported net income of $-562,199 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$9M
Total Assets (End of Year)$9M
Net Assets (End of Year)$9M
Net Income$-562,199
Plan Type401(k)
Employer EIN223692541
Plan Effective Date2010-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (RUSSO DEVELOPMENT, LLC)

Year Plans Participants Total Assets
2022 1 158 $9M
2023 1 182 $12M
2024 1 205 $16M

Nearby 401(k) Plans in New Jersey

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Frequently Asked Questions

How much money is in the RUSSO DEVELOPMENT 401(K) PLAN?
As of the 2022 Form 5500 filing, RUSSO DEVELOPMENT 401(K) PLAN holds $9M in total assets with 158 participants. It is sponsored by RUSSO DEVELOPMENT, LLC.
What type of plan is RUSSO DEVELOPMENT 401(K) PLAN?
RUSSO DEVELOPMENT 401(K) PLAN is a 401(k) plan. It has been effective since 2010-01-01. The plan is filed with the U.S. Department of Labor under EIN 223692541.
Who sponsors the RUSSO DEVELOPMENT 401(K) PLAN?
RUSSO DEVELOPMENT 401(K) PLAN is sponsored by RUSSO DEVELOPMENT, LLC, located in New Jersey. The sponsor's EIN is 223692541 and the plan operates in the Real Estate industry.
How did RUSSO DEVELOPMENT 401(K) PLAN perform in 2022?
RUSSO DEVELOPMENT 401(K) PLAN declined by 6.1% during 2022, moving from $9M to $9M in total assets. Net income was $-562,199.
Where can I find official filings for RUSSO DEVELOPMENT 401(K) PLAN?
Official Form 5500 filings for RUSSO DEVELOPMENT 401(K) PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 223692541 or plan name at efast.dol.gov.
How does RUSSO DEVELOPMENT 401(K) PLAN compare to other plans?
You can compare RUSSO DEVELOPMENT 401(K) PLAN against other 401(k) plans on the plan type page, or view plans in New Jersey on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 223692541.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.