401(k) · DOL Form 5500 · 2024

Richards Industrials, Inc. 401(k) Plan

Data updated 2026-08-25

$26M
Total assets Below avg plan size
131
Participants Small participant base
75th
Percentile by assets National rank
$199,995
Avg per participant Above avg balance/head
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Official DOL plan name: Richards Industrials, Inc. Profit Sharing Retirement Plan · Sponsored by Richards Industrials, Inc. · Ohio · Manufacturing

$26M in assets, 131 participants

Richards Industrials, Inc.'s Richards Industrials, Inc. Profit Sharing Retirement Plan reported $26M in total assets and 131 participants in its 2024 DOL Form 5500 filing, ranking in the 75th 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.

  • #11,705 in Manufacturing (17,777 peers)

Coverage in Ohio

Richards Industrials, Inc. Profit Sharing Retirement Plan covers 131 participants in Ohio, about 17% of the average Ohio filer (state average ~765 per filing). Assets: $26M.

#11,705
in Manufacturing (17,777 peers)
+1.1%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Richards Industrials, Inc. Profit Sharing Retirement Plan's outsized position by total assets

Richards Industrials, Inc. Profit Sharing Retirement Plan vs every filed plan by assets

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

$26,199,391 Top 25% higher than 75% 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 Industrials, Inc. Profit Sharing Retirement 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. Richards Industrials, Inc. Profit Sharing Retirement Plan sits mid-pack in the medium band (131 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Richards Industrials, Inc. Profit Sharing Retirement Plan reported net income fell from $4M in the plan year 2023 filing to $289K in the plan year 2024 filing.
  • Richards Industrials, Inc. Profit Sharing Retirement Plan reported participants fell from 134 in the plan year 2023 filing to 131 in the plan year 2024 filing.
  • Richards Industrials, Inc. Profit Sharing Retirement Plan end-of-year assets rose from $26M in the plan year 2023 filing to $26M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 842271845 · Richards Industrials, Inc. PY 2024 · 401(k)

Richards Industrials, Inc. Profit Sharing Retirement Plan · $26M · 131 · 75th

  • SCH $26M
  • SCH 131
  • SCH 75th
  • SCH 401(k)
  • SCH near Maxim Management Services LLC 401(k) Psp
  • SCH ind #11705

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 Manufacturing retirement plans → · Plans in Ohio →

Richards Industrials, Inc. Profit Sharing Retirement Plan in the asset neighbourhood

Richards Industrials, Inc. Profit Sharing Retirement PlanRichards Industrials, Inc. P…$26MMaxim Management Services LLC 401(k) PspMaxim Management Services LL…$26MPalecek Profit Sharing and 401(k) PlanPalecek Profit Sharing and 4…$26MAssociated Agencies, Inc. 401(k) Profit Sharing PlanAssociated Agencies, Inc. 40…$26MBauer Compressors, Inc. Employee Retirement PlanBauer Compressors, Inc. Empl…$26M
End-of-year total assets ($M) among Richards Industrials, Inc. Profit Sharing Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Ohio filing particulars

Total Assets (Beginning of Year)$26M
Net Assets (End of Year)$26M
Net Income$289K
Employer EIN842271845
Plan Effective Date1990-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Richards Industrials, Inc.)

Sponsor-wide plan assets over time

All Richards Industrials, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$26M 17.135036632598805% vs 2022
2024 filing year
$20M$22M$24M$26M$28M 202220232024 $22.4M $26.2M ▲ +17.1%
Year Plans Participants Total Assets
2022 1 139 $22M
2023 1 134 $26M
2024 1 131 $26M

Nearby 401(k) Plans in Ohio

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

Richards Industrials, Inc. Profit Sharing Retirement Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -505101520 Total assets ($B) Participants Richards Industrials, Inc. Profit Sharing Retirement Plan, Total assets ($B): 0.026199391 · Participants: 131Richards Industrials, Inc. Profit Sharing Retirement PlanGE Aerospace Retirement Savings Plan, Total assets ($B): 14.738724553 · Participants: 45620GE Aerospace Retirement Savings PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 11.809161 · Participants: 135373The Kroger Co. 401(k) Retirement Savings Account PlanThe Progressive 401(k) Plan, Total assets ($B): 11.533546294 · Participants: 62521The Progressive 401(k) PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 10.563559628 · Participants: 47459The Sherwin-Williams Company 401(k) PlanParker Retirement Savings Plan, Total assets ($B): 9.010073432 · Participants: 26315Parker Retirement Savings Plan
Richards Industrials, Inc. Profit Sharing Retirement Plan vs. nearby 401(k) plans in Ohio, assets vs. participants
Compare Richards Industrials, Inc. Profit Sharing Retirement Plan side-by-side with 3 peers →

Richards Industrials, Inc. Profit Sharing Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is Maxim Management Services LLC 401(k) Psp in NY ($26M); by covered participants it is T/J Inspection, Inc. 401(k) Plan in OK (131 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (131 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 Industrials, Inc. Profit Sharing Retirement Plan assets move in 2024? ▼
Richards Industrials, Inc. Profit Sharing Retirement Plan edged up modestly - up 1.1% during 2024, from $26M to $26M. Reported net income was $289K.
How have Richards Industrials, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Richards Industrials, Inc.'s sponsor-wide assets grew 17.1%, from $22M to $26M.
Where does Richards Industrials, Inc. Profit Sharing Retirement Plan rank by assets among Form 5500 filers? ▼
Richards Industrials, Inc. Profit Sharing Retirement Plan ranks in the 75th 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 Industrials, Inc. Profit Sharing Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Maxim Management Services LLC 401(k) Psp in NY ($26M, 205 participants).
Which 401(k) plans cover a similar participant headcount to Richards Industrials, Inc. Profit Sharing Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is T/J Inspection, Inc. 401(k) Plan in OK (131 participants, $5M 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 842271845.

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.