401(k) · DOL Form 5500 · 2022

Richards, Inc. 401(k) Plan

Data updated 2026-08-25

$26M
Total assets Below avg plan size
138
Participants Small participant base
81st
Percentile by assets National rank
$187,665
Avg per participant Above avg balance/head
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Official DOL plan name: Richards, Inc. 401(k) Profit Sharing Plan and Trust · Sponsored by Richards, Inc. · Vermont · Finance & Insurance

$26M in assets, 138 participants

Richards, Inc.'s Richards, Inc. 401(k) Profit Sharing Plan and Trust reported $26M in total assets and 138 participants in its 2022 DOL Form 5500 filing, ranking in the 81st percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #6,425 in Finance & Insurance (9,261 peers)

Where Richards, Inc. 401(k) Profit Sharing Plan and Trust sits by assets

Richards, Inc. 401(k) Profit Sharing Plan and Trust sits in the top quartile of all filed plans by assets, $26M for 138 participants (~$187,665/participant), down 9.4% in 2022.

#6,425
in Finance & Insurance (9,261 peers)
-9.4%
assets change YoY
0.3×
vs typical plan assets (national mean)

The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Richards, Inc. 401(k) Profit Sharing Plan and Trust's outsized position by total assets

Richards, Inc. 401(k) Profit Sharing Plan and Trust vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$25,897,766 Top 19% higher than 81% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Richards, Inc. 401(k) Profit Sharing Plan and Trust among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Richards, Inc. 401(k) Profit Sharing Plan and Trust sits mid-pack in the medium band (138 participants).

DOL schedule card

Filing strip 030215988 · Richards, Inc. PY 2022 · 401(k)

Richards, Inc. 401(k) Profit Sharing Plan and Trust · $26M · 138 · 81st

  • BOOK $26M
  • VS-ST 138
  • BOY 81st
  • SCH 401(k)
  • EBSA near Hilltop National Bank 401(k) Savings Plan
  • PART ind #6425

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Finance & Insurance retirement plans → · Plans in Vermont →

Richards, Inc. 401(k) Profit Sharing Plan and Trust in the asset neighbourhood

Richards, Inc. 401(k) Profit Sharing Plan and TrustRichards, Inc. 401(k) Profit…$26MHilltop National Bank 401(k) Savings PlanHilltop National Bank 401(k)…$26MMedifast, Inc. 401(k) Plan$26MMarine Credit Union 401(k) Plan and TrustMarine Credit Union 401(k) P…$26MSanta Cruz Seaside Company Profit Sharing and 401(k) PlanSanta Cruz Seaside Company P…$26M
End-of-year total assets ($M) among Richards, Inc. 401(k) Profit Sharing Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$29M
Net Assets (End of Year)$26M
Net Income-$3M
Employer EIN030215988
Plan Effective Date1983-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Richards, Inc.)

Sponsor-wide plan assets over time

All Richards, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$37M 42.228796877692076% vs 2022
2024 filing year
$20M$25M$30M$35M$40M 202220232024 $25.9M $36.8M ▲ +42.2%
Year Plans Participants Total Assets
2022 1 138 $26M
2023 1 141 $31M
2024 1 157 $37M

Nearby 401(k) Plans in Vermont

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Richards, Inc. 401(k) Profit Sharing Plan and Trust vs. nearby 401(k) plans in Vermont, assets vs. participants Scatter plot of 6 data points. -20000200040006000800010000 -0.500.511.52 Total assets ($B) Participants Richards, Inc. 401(k) Profit Sharing Plan and Trust, Total assets ($B): 0.025897766 · Participants: 138Richards, Inc. 401(k) Profit Sharing Plan and TrustThe University of Vermont Medical Center 403(b) Plan, Total assets ($B): 1.648944074 · Participants: 8856The University of Vermont Medical Center 403(b) PlanNational Life Group 401(k) Plan, Total assets ($B): 0.259900906 · Participants: 1153National Life Group 401(k) PlanGreen Mountain Power Corporation Employee Savings and Investment Plan and Trust, Total assets ($B): 0.196446196 · Participants: 512Green Mountain Power Corporation Employee Savings and Investment Plan and TrustHusky Retirement Savings, Total assets ($B): 0.131415774 · Participants: 515Husky Retirement SavingsIncentive Retirement Plan for Employees of PC Construction Company, Total assets ($B): 0.114229826 · Participants: 380Incentive Retirement Plan for Employees of PC Construction Company
Richards, Inc. 401(k) Profit Sharing Plan and Trust vs. nearby 401(k) plans in Vermont, assets vs. participants
Compare Richards, Inc. 401(k) Profit Sharing Plan and Trust side-by-side with 3 peers →

Richards, Inc. 401(k) Profit Sharing Plan and Trust's out-of-state 401(k) peers by assets and headcount

Outside Vermont, the nearest 401(k) by assets is Hilltop National Bank 401(k) Savings Plan in WY ($26M); by covered participants it is Capital Pumping, LP 401(k) Profit Sharing Plan in TX (138 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (138 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Richards, Inc. 401(k) Profit Sharing Plan and Trust assets move in 2022? ▼
Richards, Inc. 401(k) Profit Sharing Plan and Trust pulled back noticeably - down 9.4% during 2022, from $29M to $26M. Reported net income was -$3M.
How have Richards, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Richards, Inc.'s sponsor-wide assets grew 42.2%, from $26M to $37M.
Where does Richards, Inc. 401(k) Profit Sharing Plan and Trust rank by assets among Form 5500 filers? ▼
Richards, Inc. 401(k) Profit Sharing Plan and Trust ranks in the 81st percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Richards, Inc. 401(k) Profit Sharing Plan and Trust? ▼
Among 401(k) plans in other states, the closest by assets is Hilltop National Bank 401(k) Savings Plan in WY ($26M, 118 participants).
Which 401(k) plans cover a similar participant headcount to Richards, Inc. 401(k) Profit Sharing Plan and Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Capital Pumping, LP 401(k) Profit Sharing Plan in TX (138 participants, N/A in assets).

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 030215988.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.