401(k) · DOL Form 5500 · 2024

G.a. Richards Company Employees' 401(k) Plan

Data updated 2026-05-15

$4M
Total assets
250
Participants
37th
Percentile by assets
$15,134
Avg per participant

Sponsored by G.a. Richards Company · Michigan · Manufacturing

What the 2024 filing shows

G.a. Richards Company Employees' 401(k) Plan holds $4M for 250 participants - about $15,134 per participant, in the lower half of filed plans by assets, up 9.7% over the 2024 plan year.

$4M
total plan assets (2024 EOY)
250
covered participants
37th
percentile by assets (of 116,472 plans)
$15,134
avg assets per participant
State
Industry
Manufacturing

401(k) · DOL Form 5500 · 2024

What the Filing Says About G.a. Richards Company Employees' 401(k) Plan

G.a. Richards Company Employees' 401(k) Plan is a 401(k) retirement plan sponsored by G.a. Richards Company, headquartered in Michigan. According to the U.S. Department of Labor's 2024 Form 5500 filing, the plan reports $4M in total end-of-year assets and covers 250 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 380969860, and the plan has been effective since 1992-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets grew at a solid clip from $3M at the beginning of 2024 to $4M at year-end - up 9.7%. Net assets (after liabilities) closed the year at $4M, with reported net income of $335K driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Across the 3 plan years G.a. Richards Company has on file with PlainRetire (2022-2024), sponsor-wide plan assets have moved from $3M to $4M, a gain of 20.5%, while reported participants moved from 266 to 250 (-6.0%). The strongest year on file by total sponsor assets was 2024 at $4M; the softest was 2022 at $3M. Year-by-year, sponsor-wide filings show: 2022 - $3M in assets across 1 plan covering 266 participants; 2023 - $3M in assets across 1 plan covering 362 participants; 2024 - $4M in assets across 1 plan covering 250 participants.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows, a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

How the percentile is calculated: we count every plan that filed a 2024 Form 5500 with a reported end-of-year asset figure (116,472 plans), rank G.a. Richards Company Employees' 401(k) Plan against all of them by total assets, and report the share of those plans it outranks. A plan reporting no asset figure for the year is excluded from the ranking rather than assumed to be zero.

Financial Summary (2024)

Total Assets (Beginning of Year)$3M
Total Assets (End of Year)$4M
Net Assets (End of Year)$4M
Net Income$335K
Plan Type401(k)
Employer EIN380969860
Plan Effective Date1992-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (G.a. Richards Company)

Year Plans Participants Total Assets
2022 1 266 $3M
2023 1 362 $3M
2024 1 250 $4M

Nearby 401(k) Plans in Michigan

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

Frequently Asked Questions

How much money is in the G.a. Richards Company Employees' 401(k) Plan?
As of the 2024 Form 5500 filing, G.a. Richards Company Employees' 401(k) Plan holds $4M in total assets with 250 participants. It is sponsored by G.a. Richards Company.
What type of plan is G.a. Richards Company Employees' 401(k) Plan?
G.a. Richards Company Employees' 401(k) Plan is a 401(k) plan. It has been effective since 1992-01-01. The plan is filed with the U.S. Department of Labor under EIN 380969860.
Who sponsors the G.a. Richards Company Employees' 401(k) Plan?
G.a. Richards Company Employees' 401(k) Plan is sponsored by G.a. Richards Company, located in Michigan. The sponsor's EIN is 380969860 and the plan operates in the Manufacturing industry.
How did G.a. Richards Company Employees' 401(k) Plan perform in 2024?
G.a. Richards Company Employees' 401(k) Plan grew at a solid clip - up 9.7% during 2024, moving from $3M to $4M in total assets. Net income was $335K.

What this filing means

Ways to act on G.a. Richards Company Employees' 401(k) Plan's numbers.

  • By total assets, G.a. Richards Company Employees' 401(k) Plan ranks in the lower half of filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Michigan. Compare plans
  • G.a. Richards Company's sponsor-wide assets have grown 20.5% since 2022 across 3 plan years on file. More Manufacturing plans
  • A 401(k) plan works differently from other retirement plan types, understand the structural differences before comparing. Compare plan types

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 380969860.

Reference: IRS Publication 560, Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B, Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.

Every figure on PlainRetire is rendered directly from the Department of Labor's Form 5500 annual return filings, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-05-15.