401(k) · DOL Form 5500 · 2023

Richard Lundgren, Inc. 401(k) Plan

Data updated 2026-08-25

$8M
Total assets Small plan by assets
251
Participants Below avg headcount
54th
Percentile by assets National rank
$32,509
Avg per participant Low balance/head
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Official DOL plan name: Richard Lundgren, Inc. 401(k) Plan · Sponsored by Richard Lundgren, Inc. · Massachusetts · Retail Trade

$8M in assets, 251 participants

Richard Lundgren, Inc.'s Richard Lundgren, Inc. 401(k) Plan reported $8M in total assets and 251 participants in its 2023 DOL Form 5500 filing, ranking in the 54th 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.

  • #5,443 in Retail Trade (8,414 peers)

Coverage in Massachusetts

Richard Lundgren, Inc. 401(k) Plan covers 251 participants in Massachusetts, about 38% of the average Massachusetts filer (state average ~659 per filing). Assets: $8M.

#5,443
in Retail Trade (8,414 peers)
+28.3%
assets growth YoY

Richard Lundgren, Inc. 401(k) Plan's mid-pack asset rank among Retail Trade and all filers

Richard Lundgren, Inc. 401(k) Plan vs every filed plan by assets

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

$8,159,737 Top 46% higher than 54% 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

Richard Lundgren, Inc. 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. Richard Lundgren, Inc. 401(k) Plan sits mid-pack in the medium band (251 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Richard Lundgren, Inc. 401(k) Plan reported net income rose from -$809K in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Richard Lundgren, Inc. 401(k) Plan end-of-year assets rose from $6M in the plan year 2022 filing to $8M in the plan year 2023 filing.
  • Richard Lundgren, Inc. 401(k) Plan reported participants rose from 241 in the plan year 2022 filing to 251 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 042324062 · Richard Lundgren, Inc. PY 2023 · 401(k)

Richard Lundgren, Inc. 401(k) Plan · $8M · 251 · 54th

  • EIN $8M
  • RANK 251
  • PHOTO 54th
  • IND 401(k)
  • EOY near Regency Windsor Management, Inc. Savings Plan
  • 5500 ind #5443

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 Massachusetts →

Richard Lundgren, Inc. 401(k) Plan in the asset neighbourhood

Richard Lundgren, Inc. 401(k) PlanRichard Lundgren, Inc. 401(k…$8MRegency Windsor Management, Inc. Savings PlanRegency Windsor Management, …$8MLydon Fetterolf Corydon, P.a. Retirement Savings PlanLydon Fetterolf Corydon, P.a…$8MMorgan Buick Gmc Shreveport, Inc. 401(k) PlanMorgan Buick Gmc Shreveport,…$8MKearney Electric, Inc. 401(k) Profit Sharing PlanKearney Electric, Inc. 401(k…$8M
End-of-year total assets ($M) among Richard Lundgren, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Massachusetts filing particulars

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$8M
Net Income$2M
Employer EIN042324062
Plan Effective Date1989-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Richard Lundgren, Inc.)

Sponsor-wide plan assets over time

All Richard Lundgren, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$10M 58.49899930772089% vs 2022
2024 filing year
$4M$6M$8M$10M$12M 202220232024 $6.36M $10.1M ▲ +58.5%
Year Plans Participants Total Assets
2022 1 241 $6M
2023 1 251 $8M
2024 1 268 $10M

Nearby 401(k) Plans in Massachusetts

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

Richard Lundgren, Inc. 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -10010203040 Total assets ($B) Participants Richard Lundgren, Inc. 401(k) Plan, Total assets ($B): 0.008159737 · Participants: 251Richard Lundgren, Inc. 401(k) PlanFidelity Retirement Savings Plan, Total assets ($B): 28.649852331 · Participants: 62289Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 10.556596852 · Participants: 37052Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 6.829912863 · Participants: 14094Massachusetts Institute of Technology Supplemental 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 5.786107181 · Participants: 19881Boston Scientific Corporation 401(k) Retirement Savings PlanPhilips North America 401(k) Plan, Total assets ($B): 5.779286156 · Participants: 19120Philips North America 401(k) Plan
Richard Lundgren, Inc. 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants
Compare Richard Lundgren, Inc. 401(k) Plan side-by-side with 3 peers →

Richard Lundgren, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Massachusetts, the nearest 401(k) by assets is Regency Windsor Management, Inc. Savings Plan in FL ($8M); by covered participants it is Drata Inc. 401(k) Plan in CA (251 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (251 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 Richard Lundgren, Inc. 401(k) Plan assets move in 2023? ▼
Richard Lundgren, Inc. 401(k) Plan grew sharply - up 28.3% during 2023, from $6M to $8M. Reported net income was $2M.
How have Richard Lundgren, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Richard Lundgren, Inc.'s sponsor-wide assets grew 58.5%, from $6M to $10M.
Which 401(k) plans are similar in size to Richard Lundgren, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Regency Windsor Management, Inc. Savings Plan in FL ($8M, 71 participants).
Which 401(k) plans cover a similar participant headcount to Richard Lundgren, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Drata Inc. 401(k) Plan in CA (251 participants, $8M 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 042324062.

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.