ESOP · DOL Form 5500 · 2024
The Richmond Group, Inc. ESOP
Data updated 2026-08-25
- $68M
- Total assets Below avg plan size
- 103
- Participants Small participant base
- 87th
- Percentile by assets National rank
- $656,113
- Avg per participant High balance/head
Official DOL plan name: The Richmond Group, Inc. Employee Stock Ownership Plan · Sponsored by The Richmond Group, Inc. · Massachusetts · Construction
$68M in assets, 103 participants
The Richmond Group, Inc.'s The Richmond Group, Inc. Employee Stock Ownership Plan reported $68M in total assets and 103 participants in its 2024 DOL Form 5500 filing, ranking in the 87th 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.
- #7,715 in Construction (9,039 peers)
Coverage in Massachusetts
The Richmond Group, Inc. Employee Stock Ownership Plan covers 103 participants in Massachusetts, about 16% of the average Massachusetts filer (state average ~659 per filing). Assets: $68M.
- #7,715
- in Construction (9,039 peers)
- -3.7%
- assets change YoY
- 0.7×
- vs typical plan assets (national mean)
The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
The Richmond Group, Inc. Employee Stock Ownership Plan's outsized position by total assets
The Richmond Group, Inc. Employee Stock Ownership Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$67,579,639 Top 13% higher than 87% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
The Richmond Group, Inc. Employee Stock Ownership Plan 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. The Richmond Group, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (103 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- The Richmond Group, Inc. Employee Stock Ownership Plan reported net income fell from $11M in the plan year 2023 filing to -$2M in the plan year 2024 filing.
- The Richmond Group, Inc. Employee Stock Ownership Plan end-of-year assets fell from $70M in the plan year 2023 filing to $68M in the plan year 2024 filing.
EBSA filing schedule strip
Filing strip 043130236 · The Richmond Group, Inc. PY 2024 · ESOP
The Richmond Group, Inc. Employee Stock Ownership Plan · $68M · 103 · 87th
- RANK $68M
- RANK 103
- RANK 87th
- RANK ESOP
- RANK near Employee Stock Ownership Plan of Golden Knight Holdings, Inc.
- RANK ind #7715
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 What is an ESOP? → · Plans in Massachusetts →
The Richmond Group, Inc. Employee Stock Ownership Plan in the asset neighbourhood
Massachusetts filing particulars
| Total Assets (Beginning of Year) | $70M |
|---|---|
| Net Assets (End of Year) | $63M |
| Net Income | -$2M |
| Employer EIN | 043130236 |
| Plan Effective Date | 2017-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (The Richmond Group, Inc.)
Sponsor-wide plan assets over time
All The Richmond Group, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $68M 13.109681259634165% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 95 | $60M |
| 2023 | 1 | 104 | $70M |
| 2024 | 1 | 103 | $68M |
Nearby ESOP Plans in Massachusetts
Peer ESOP plans, same state, same plan type, ranked by total assets.
- Consigli Building Group Employee Stock Ownership Plan $729M · 1,684
- The Gillette Company Employee Stock Ownership Plan $368M · 139
- First Amended and Restated Creative Financial Staffing, Inc. Employee Stock Ownership Plan $253M · 445
- David Clark Employee Stock Ownership Plan $183M · 236
- New England Biolabs, Inc. Non-Voting Stock Ownership Plan $163M · 424
The Richmond Group, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount
Outside Massachusetts, the nearest ESOP by assets is Employee Stock Ownership Plan of Golden Knight Holdings, Inc. in NV ($68M); by covered participants it is Cci Holdings, Inc. Employee Stock Ownership Plan in IN (103 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($68M here).
Similar participant headcount
Nearest other-state filings by covered participants (103 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.