401(k) · DOL Form 5500 · 2023

Greater Richmond Business, Inc. 401(k) Plan

Data updated 2026-08-25

$14M
Total assets Small plan by assets
118
Participants Small participant base
65th
Percentile by assets National rank
$114,471
Avg per participant Below avg balance/head
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Official DOL plan name: Greater Richmond Business, Inc. Cash or Deferral Proftt Sharing Plan · Sponsored by Greater Richmond Business, Inc. · Virginia · Retail Trade

$14M in assets, 118 participants

Greater Richmond Business, Inc.'s Greater Richmond Business, Inc. Cash or Deferral Proftt Sharing Plan reported $14M in total assets and 118 participants in its 2023 DOL Form 5500 filing, ranking in the 65th 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.

  • #6,384 in Retail Trade (8,414 peers)

Coverage in Virginia

Greater Richmond Business, Inc. Cash or Deferral Proftt Sharing Plan covers 118 participants in Virginia, about 15% of the average Virginia filer (state average ~782 per filing). Assets: $14M.

#6,384
in Retail Trade (8,414 peers)
+4.1%
assets growth YoY

Greater Richmond Business, Inc. Cash or Deferral Proftt Sharing Plan's mid-pack asset rank among Retail Trade and all filers

Greater Richmond Business, Inc. Cash or Deferral Proftt Sharing Plan vs every filed plan by assets

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

$13,507,573 Top 35% higher than 65% 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

Greater Richmond Business, Inc. Cash or Deferral Proftt Sharing 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. Greater Richmond Business, Inc. Cash or Deferral Proftt Sharing Plan sits mid-pack in the medium band (118 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Greater Richmond Business, Inc. Cash or Deferral Proftt Sharing Plan reported net income rose from -$2M in the plan year 2022 filing to $537K in the plan year 2023 filing.
  • Greater Richmond Business, Inc. Cash or Deferral Proftt Sharing Plan end-of-year assets rose from $13M in the plan year 2022 filing to $14M in the plan year 2023 filing.
  • Greater Richmond Business, Inc. Cash or Deferral Proftt Sharing Plan reported participants fell from 120 in the plan year 2022 filing to 118 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 541308407 · Greater Richmond Business, Inc. PY 2023 · 401(k)

Greater Richmond Business, Inc. Cash or Deferral Proftt Sharing Plan · $14M · 118 · 65th

  • EOY $14M
  • EOY 118
  • EOY 65th
  • EOY 401(k)
  • EOY near Ophthalmology, Ltd. Profit Sharing Plan
  • EOY ind #6384

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 Retail Trade retirement plans → · Plans in Virginia →

Greater Richmond Business, Inc. Cash or Deferral Proftt Sharing Plan in the asset neighbourhood

Greater Richmond Business, Inc. Cash or Deferral Proftt Sharing PlanGreater Richmond Business, I…$14MOphthalmology, Ltd. Profit Sharing PlanOphthalmology, Ltd. Profit S…$14MFront 401(k) Plan$14MSouthgate Automotive, Inc. 401(k) Plan & TrustSouthgate Automotive, Inc. 4…$14MThe Quintin Little Company, Inc. Savings and Retirement PlanThe Quintin Little Company, …$14M
End-of-year total assets ($M) among Greater Richmond Business, Inc. Cash or Deferral Proftt Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Virginia filing particulars

Total Assets (Beginning of Year)$13M
Net Assets (End of Year)$14M
Net Income$537K
Employer EIN541308407
Plan Effective Date1986-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Greater Richmond Business, Inc.)

Sponsor-wide plan assets over time

All Greater Richmond Business, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$14M 8.171827369334467% vs 2022
2024 filing year
$12.5M$13M$13.5M$14M$14.5M 202220232024 $13M $14M ▲ +8.2%
Year Plans Participants Total Assets
2022 1 120 $13M
2023 1 118 $14M
2024 1 114 $14M

Nearby 401(k) Plans in Virginia

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

Greater Richmond Business, Inc. Cash or Deferral Proftt Sharing Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -10010203040 Total assets ($B) Participants Greater Richmond Business, Inc. Cash or Deferral Proftt Sharing Plan, Total assets ($B): 0.013507573 · Participants: 118Greater Richmond Business, Inc. Cash or Deferral Proftt Sharing PlanNorthrop Grumman Savings Plan, Total assets ($B): 36.173098625 · Participants: 97987Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 14.97867624 · Participants: 62467401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 11.167449098 · Participants: 48860General Dynamics Corporation 401(k) Plan 6.0Leidos, Inc. Retirement Plan, Total assets ($B): 10.583898778 · Participants: 27043Leidos, Inc. Retirement PlanBae Systems Employees' Savings and Investment Plan, Total assets ($B): 9.406287325 · Participants: 31681Bae Systems Employees' Savings and Investment Plan
Greater Richmond Business, Inc. Cash or Deferral Proftt Sharing Plan vs. nearby 401(k) plans in Virginia, assets vs. participants
Compare Greater Richmond Business, Inc. Cash or Deferral Proftt Sharing Plan side-by-side with 3 peers →

Greater Richmond Business, Inc. Cash or Deferral Proftt Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is Ophthalmology, Ltd. Profit Sharing Plan in SD ($14M); by covered participants it is Ensign Natural Resources 401(k) Plan in TX (118 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (118 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 Greater Richmond Business, Inc. Cash or Deferral Proftt Sharing Plan assets move in 2023? ▼
Greater Richmond Business, Inc. Cash or Deferral Proftt Sharing Plan edged up modestly - up 4.1% during 2023, from $13M to $14M. Reported net income was $537K.
How have Greater Richmond Business, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Greater Richmond Business, Inc.'s sponsor-wide assets grew 8.2%, from $13M to $14M.
Which 401(k) plans are similar in size to Greater Richmond Business, Inc. Cash or Deferral Proftt Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Ophthalmology, Ltd. Profit Sharing Plan in SD ($14M, 74 participants).
Which 401(k) plans cover a similar participant headcount to Greater Richmond Business, Inc. Cash or Deferral Proftt Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Ensign Natural Resources 401(k) Plan in TX (118 participants, N/A 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 541308407.

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.