401(k) · DOL Form 5500 · 2023

Richards Manufacturing Co. 401(k) Plan

Data updated 2026-08-25

$65M
Total assets Below avg plan size
296
Participants Below avg headcount
88th
Percentile by assets National rank
$219,876
Avg per participant Above avg balance/head
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Official DOL plan name: Richards Manufacturing 401(k) Plan · Sponsored by Richards Manufacturing Co. · New Jersey · Manufacturing

$65M in assets, 296 participants

Richards Manufacturing Co.'s Richards Manufacturing 401(k) Plan reported $65M in total assets and 296 participants in its 2023 DOL Form 5500 filing, ranking in the 88th 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.

  • #15,417 in Manufacturing (18,722 peers)

Coverage in New Jersey

Richards Manufacturing 401(k) Plan covers 296 participants in New Jersey, about 35% of the average New Jersey filer (state average ~844 per filing). Assets: $65M.

#15,417
in Manufacturing (18,722 peers)
+17.0%
assets growth YoY
0.7×
vs typical plan assets (national mean)

Richards Manufacturing 401(k) Plan's outsized position by total assets

Richards Manufacturing 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$65,083,221 Top 12% higher than 88% of 127,068 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 2023

Richards Manufacturing 401(k) Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Richards Manufacturing 401(k) Plan sits mid-pack in the medium band (296 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Richards Manufacturing 401(k) Plan reported net income rose from -$6M in the plan year 2022 filing to $9M in the plan year 2023 filing.
  • Richards Manufacturing 401(k) Plan reported participants rose from 143 in the plan year 2022 filing to 296 in the plan year 2023 filing.
  • Richards Manufacturing 401(k) Plan end-of-year assets rose from $56M in the plan year 2022 filing to $65M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 222830972 · Richards Manufacturing Co. PY 2023 · 401(k)

Richards Manufacturing 401(k) Plan · $65M · 296 · 88th

  • PART $65M
  • TYPE 296
  • NET 88th
  • BOOK 401(k)
  • VS-ST near Assurance Technology Corporation 401(k) Savings Plan
  • BOY ind #15417

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 Manufacturing retirement plans → · Plans in New Jersey →

Richards Manufacturing 401(k) Plan in the asset neighbourhood

Assurance Technology Corporation 401(k) Savings PlanAssurance Technology Corpora…$65MDrive Devilbiss Healthcare 401(k) PlanDrive Devilbiss Healthcare 4…$65MEmatb, LLC Retirement Plan$65MRichards Manufacturing 401(k) PlanRichards Manufacturing 401(k…$65MInstructure, Inc. 401(k) Plan$65M
End-of-year total assets ($M) among Richards Manufacturing 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

New Jersey filing particulars

Total Assets (Beginning of Year)$56M
Net Assets (End of Year)$65M
Net Income$9M
Employer EIN222830972
Plan Effective Date1993-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Richards Manufacturing Co.)

Sponsor-wide plan assets over time

All Richards Manufacturing Co. plans reported in each filing year

Latest sponsor-wide plan assets
$65M 16.951878498690366% vs 2022
2023 filing year
$50M$55M$60M$65M$70M 20222023 $55.7M $65.1M ▲ +16.9%
Year Plans Participants Total Assets
2022 1 143 $56M
2023 1 296 $65M

Nearby 401(k) Plans in New Jersey

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

Richards Manufacturing 401(k) Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -1001020304050 Total assets ($B) Participants Richards Manufacturing 401(k) Plan, Total assets ($B): 0.065083221 · Participants: 296Richards Manufacturing 401(k) PlanJPMorgan Chase 401(k) Savings Plan, Total assets ($B): 44.552237022 · Participants: 176610JPMorgan Chase 401(k) Savings PlanVerizon Savings Plan for Management Employees, Total assets ($B): 27.825640157 · Participants: 78072Verizon Savings Plan for Management EmployeesJohnson and Johnson Savings Plan, Total assets ($B): 22.177853595 · Participants: 41291Johnson and Johnson Savings PlanErnst & Young Retirement Savings Plan, Total assets ($B): 15.543526764 · Participants: 59346Ernst & Young Retirement Savings PlanMerck US Savings Plan, Total assets ($B): 13.424416176 · Participants: 26850Merck US Savings Plan
Richards Manufacturing 401(k) Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants
Compare Richards Manufacturing 401(k) Plan side-by-side with 3 peers →

Richards Manufacturing 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside New Jersey, the nearest 401(k) by assets is Assurance Technology Corporation 401(k) Savings Plan in MA ($65M); by covered participants it is Battle Lumber Company 401(k) Profit Sharing Plan in GA (296 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($65M here).

Similar participant headcount

Nearest other-state filings by covered participants (296 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Richards Manufacturing 401(k) Plan assets move in 2023? ▼
Richards Manufacturing 401(k) Plan grew sharply - up 17.0% during 2023, from $56M to $65M. Reported net income was $9M.
How have Richards Manufacturing Co. plan assets changed over time? ▼
Across 2 plan years on file (2022-2023), Richards Manufacturing Co.'s sponsor-wide assets grew 17.0%, from $56M to $65M.
Where does Richards Manufacturing 401(k) Plan rank by assets among Form 5500 filers? ▼
Richards Manufacturing 401(k) Plan ranks in the 88th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Richards Manufacturing 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Assurance Technology Corporation 401(k) Savings Plan in MA ($65M, 326 participants).
Which 401(k) plans cover a similar participant headcount to Richards Manufacturing 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Battle Lumber Company 401(k) Profit Sharing Plan in GA (296 participants, $15M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 222830972.

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.