ESOP · DOL Form 5500 · 2022

The Richmond Group, Inc. ESOP

Data updated 2026-08-11

$60M
Total assets
95
Participants
89th
Percentile by assets
$628,916
Avg per participant
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Official DOL plan name: The Richmond Group, Inc. Employee Stock Ownership Plan · Sponsored by The Richmond Group, Inc. · Massachusetts · Construction

$60M in assets, 95 participants

The Richmond Group, Inc.'s The Richmond Group, Inc. Employee Stock Ownership Plan reported $60M in total assets and 95 participants in its 2022 DOL Form 5500 filing, ranking in the 89th 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.

  • 89th percentile by assets (of 139,126 plans)
  • #8,703 in Construction (9,927 peers)

Where The Richmond Group, Inc. Employee Stock Ownership Plan sits by assets

The Richmond Group, Inc. Employee Stock Ownership Plan sits in the top quartile of all filed plans by assets, $60M for 95 participants (~$628,916/participant), up 13.2% in 2022.

$60M
total plan assets (2022 EOY)
95
covered participants
89th
percentile by assets (of 139,126 plans)
$628,916
avg assets per participant
Industry

The Richmond Group, Inc. Employee Stock Ownership Plan vs the 2022 asset distribution

By assets, The Richmond Group, Inc. Employee Stock Ownership Plan outranks 89% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.6x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$53M
Net Assets (End of Year)$55M
Net Income$7M
Employer EIN043130236
Plan Effective Date2017-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Richmond Group, Inc.)

$55M$60M$65M$70M$75M 202220232024 $59.8M $67.6M ▲ +13.1%
Total plan assets by year, all The Richmond Group, Inc. plans on file
Year Plans Participants Total Assets
2022 1 95 $60M
2023 1 104 $70M
2024 1 103 $68M

Nearby ESOP Plans in Massachusetts

Peer ESOP plans, same state, same plan type, ranked by total assets.

The Richmond Group, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Massachusetts, assets vs. participants

The Richmond Group, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -10000100020003000 0100200300400500600 Total assets ($M) Participants The Richmond Group, …Consigli Building Gr…The Gillette Company…Abt Associates Inc. …New England Biolabs,…Eastern Bank Employe…
The Richmond Group, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Massachusetts, assets vs. participants

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to The Richmond Group, Inc. Employee Stock Ownership Plan by total assets, not by location.

Frequently Asked Questions

How did The Richmond Group, Inc. Employee Stock Ownership Plan assets move in 2022?
The Richmond Group, Inc. Employee Stock Ownership Plan grew at a solid clip - up 13.2% during 2022, from $53M to $60M. Reported net income was $7M.
How have The Richmond Group, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), The Richmond Group, Inc.'s sponsor-wide assets grew 13.1%, from $60M to $68M.
Where does The Richmond Group, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers?
The Richmond Group, Inc. Employee Stock Ownership Plan ranks in the 89th 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 ESOP plans are similar in size to The Richmond Group, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Hmc Architects Employee Stock Ownership Plan in CA ($60M, 283 participants).

Next read for The Richmond Group, Inc. Employee Stock …

Scale reading

Ways to act on The Richmond Group, Inc. Employee Stock Ownership Plan's numbers.

  • By total assets, The Richmond Group, Inc. Employee Stock Ownership Plan ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar ESOP plans in Massachusetts. Compare plans
  • The Richmond Group, Inc.'s sponsor-wide assets have grown 13.1% since 2022 across 3 plan years on file. More Construction plans