401(k) · DOL Form 5500 · 2024

Richards, Inc. 401(k) Plan

Data updated 2026-08-25

$37M
Total assets Below avg plan size
157
Participants Small participant base
80th
Percentile by assets National rank
$234,612
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

$37M in assets, 157 participants

Richards, Inc.'s Richards, Inc. 401(k) Profit Sharing Plan and Trust reported $37M in total assets and 157 participants in its 2024 DOL Form 5500 filing, ranking in the 80th 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.

  • #5,921 in Finance & Insurance (8,549 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, $37M for 157 participants (~$234,612/participant), up 17.6% in 2024.

#5,921
in Finance & Insurance (8,549 peers)
+17.6%
assets growth YoY
0.4×
vs typical plan assets (national mean)

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 2024 · DOL Form 5500

$36,834,081 Top 20% higher than 80% of 123,620 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 2024

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

Plan-year 2024 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 (157 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Richards, Inc. 401(k) Profit Sharing Plan and Trust end-of-year assets rose from $31M in the plan year 2023 filing to $37M in the plan year 2024 filing.
  • Richards, Inc. 401(k) Profit Sharing Plan and Trust reported participants rose from 141 in the plan year 2023 filing to 157 in the plan year 2024 filing.
  • Richards, Inc. 401(k) Profit Sharing Plan and Trust reported net income rose from $5M in the plan year 2023 filing to $6M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 030215988 · Richards, Inc. PY 2024 · 401(k)

Richards, Inc. 401(k) Profit Sharing Plan and Trust · $37M · 157 · 80th

  • 5500 $37M
  • 5500 157
  • 5500 80th
  • 5500 401(k)
  • 5500 near Upson Regional Medical Center 401(k) Retirement Plan
  • 5500 ind #5921

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

Ingalls & Snyder, LLC Profit Sharing Retirement Plan for EmployeesIngalls & Snyder, LLC Profit…$37MRichards, Inc. 401(k) Profit Sharing Plan and TrustRichards, Inc. 401(k) Profit…$37MUpson Regional Medical Center 401(k) Retirement PlanUpson Regional Medical Cente…$37MCowi North America 401(k) PlanCowi North America 401(k) Pl…$37MAlexander Dawson School 401(k) PlanAlexander Dawson School 401(…$37M
End-of-year total assets ($M) among Richards, Inc. 401(k) Profit Sharing Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$31M
Net Assets (End of Year)$37M
Net Income$6M
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. -5000050001000015000 -0.500.511.522.5 Total assets ($B) Participants Richards, Inc. 401(k) Profit Sharing Plan and Trust, Total assets ($B): 0.036834081 · Participants: 157Richards, Inc. 401(k) Profit Sharing Plan and TrustThe University of Vermont Medical Center 403(b) Plan, Total assets ($B): 2.219723296 · Participants: 12486The University of Vermont Medical Center 403(b) PlanNational Life Group 401(k) Plan, Total assets ($B): 0.335306385 · Participants: 1397National Life Group 401(k) PlanGreen Mountain Power Corporation Employee Savings and Investment Plan and Trust, Total assets ($B): 0.243285831 · Participants: 520Green Mountain Power Corporation Employee Savings and Investment Plan and TrustHusky Retirement Savings, Total assets ($B): 0.175195216 · Participants: 534Husky Retirement SavingsCasella Waste Systems 401(k) Plan, Total assets ($B): 0.160906631 · Participants: 3488Casella Waste Systems 401(k) Plan
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 Upson Regional Medical Center 401(k) Retirement Plan in GA ($37M); by covered participants it is Otis It Inc in DE (157 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (157 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. 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 2024? ▼
Richards, Inc. 401(k) Profit Sharing Plan and Trust grew sharply - up 17.6% during 2024, from $31M to $37M. Reported net income was $6M.
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 80th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (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 Upson Regional Medical Center 401(k) Retirement Plan in GA ($37M, 805 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 Otis It Inc in DE (157 participants, $63K in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

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.