Profit Sharing · DOL Form 5500 · 2024

The Richards Group, Inc. Profit Sharing Plan

Data updated 2026-08-25

$188M
Total assets Near avg plan size
304
Participants Below avg headcount
94th
Percentile by assets National rank
$618,249
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Trg 401(k) and Profit Sharing Plan · Sponsored by The Richards Group, Inc. · Texas · Professional & Technical Services

$188M in assets, 304 participants

The Richards Group, Inc.'s Trg 401(k) and Profit Sharing Plan reported $188M in total assets and 304 participants in its 2024 DOL Form 5500 filing, ranking in the 94th 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.

  • #19,196 in Professional & Technical Services (20,173 peers)

Coverage in Texas

Trg 401(k) and Profit Sharing Plan covers 304 participants in Texas, about 44% of the average Texas filer (state average ~688 per filing). Assets: $188M.

#19,196
in Professional & Technical Services (20,173 peers)
-2.9%
assets change YoY
1.9×
vs typical plan assets (national mean)

The plan reported a net loss of $6M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Trg 401(k) and Profit Sharing Plan's outsized position by total assets

Trg 401(k) and Profit Sharing Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$187,947,745 Top 6% higher than 94% 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

Trg 401(k) and Profit Sharing 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. Trg 401(k) and Profit Sharing Plan sits mid-pack in the medium band (304 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Trg 401(k) and Profit Sharing Plan reported net income fell from $11M in the plan year 2023 filing to -$6M in the plan year 2024 filing.
  • Trg 401(k) and Profit Sharing Plan end-of-year assets fell from $194M in the plan year 2023 filing to $188M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 751212662 · The Richards Group, Inc. PY 2024 · Profit Sharing

Trg 401(k) and Profit Sharing Plan · $188M · 304 · 94th

  • 5500 $188M
  • 5500 304
  • 5500 94th
  • 5500 Profit Sharing
  • 5500 near Lakeland Regional Medical Center Retirement Plan Trust
  • 5500 ind #19196

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 Professional & Technical Services retirement plans → · Plans in Texas →

Trg 401(k) and Profit Sharing Plan in the asset neighbourhood

The Hoffman Employee Retirement Income PlanThe Hoffman Employee Retirem…$191MStrand Associates, Inc. Employees Profit Sharing TrustStrand Associates, Inc. Empl…$190MElectrical Workers Pension Fund Part BElectrical Workers Pension F…$190MLakeland Regional Medical Center Retirement Plan TrustLakeland Regional Medical Ce…$189MTrg 401(k) and Profit Sharing PlanTrg 401(k) and Profit Sharin…$188M
End-of-year total assets ($M) among Trg 401(k) and Profit Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

Texas filing particulars

Total Assets (Beginning of Year)$194M
Net Assets (End of Year)$188M
Net Income-$6M
Employer EIN751212662
Plan Effective Date1967-04-30
Filing StatusFILING RECEIVED

Sponsor Plan History (The Richards Group, Inc.)

Sponsor-wide plan assets over time

All The Richards Group, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$188M 2.7225906783139613% vs 2022
2024 filing year
$180M$185M$190M$195M 202220232024 $183M $188M ▲ +2.7%
Year Plans Participants Total Assets
2022 1 307 $183M
2023 1 301 $194M
2024 1 304 $188M

Nearby Profit Sharing Plans in Texas

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Trg 401(k) and Profit Sharing Plan vs. nearby Profit Sharing plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 00.511.522.5 Total assets ($B) Participants Trg 401(k) and Profit Sharing Plan, Total assets ($B): 0.187947745 · Participants: 304Trg 401(k) and Profit Sharing PlanBaylor College of Medicine Retirement Plan, Total assets ($B): 1.952930545 · Participants: 10721Baylor College of Medicine Retirement PlanH-E-B Partner Stock Plan, Total assets ($B): 1.562703741 · Participants: 103962H-E-B Partner Stock PlanThe Defined Contribution Plan of the Methodist Hospital, Total assets ($B): 1.093595117 · Participants: 31848The Defined Contribution Plan of the Methodist HospitalAmerican Heart Association, Inc. Qualified Retirement Plan, Total assets ($B): 0.514449309 · Participants: 3779American Heart Association, Inc. Qualified Retirement PlanHaynes and Boone Investment Directed Profit Sharing Plan, Total assets ($B): 0.309725264 · Participants: 1069Haynes and Boone Investment Directed Profit Sharing Plan
Trg 401(k) and Profit Sharing Plan vs. nearby Profit Sharing plans in Texas, assets vs. participants

Trg 401(k) and Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Texas, the nearest Profit Sharing by assets is Lakeland Regional Medical Center Retirement Plan Trust in FL ($189M); by covered participants it is Ahepa Management Company, Inc. 403(b) Plan in IN (305 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (304 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 Trg 401(k) and Profit Sharing Plan assets move in 2024?
Trg 401(k) and Profit Sharing Plan edged down modestly - down 2.9% during 2024, from $194M to $188M. Reported net income was -$6M.
How have The Richards Group, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), The Richards Group, Inc.'s sponsor-wide assets grew 2.7%, from $183M to $188M.
Where does Trg 401(k) and Profit Sharing Plan rank by assets among Form 5500 filers?
Trg 401(k) and Profit Sharing Plan ranks in the 94th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which Profit Sharing plans are similar in size to Trg 401(k) and Profit Sharing Plan?
Among Profit Sharing plans in other states, the closest by assets is Lakeland Regional Medical Center Retirement Plan Trust in FL ($189M, 5,019 participants).
Which Profit Sharing plans cover a similar participant headcount to Trg 401(k) and Profit Sharing Plan?
Among Profit Sharing plans in other states, the closest by covered participants is Ahepa Management Company, Inc. 403(b) Plan in IN (305 participants, $10M in assets).