The Richards Group, Inc.Profit-sharing plan
THE RICHARDS GROUP, INC. PROFIT SHARING AND 401(K) PLAN · DALLAS, TX · plan year 2023
The Richards Group, Inc.'s 2023 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $193,553,724 across 698 participant accounts, with employer contributions averaging $0 per active participant. See methodology for what Form 5500 does and doesn't capture.
The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other professional & technical services employers. By assets it is the 407th-largest of 5,688 plans among Texas employers on file, and the 829th of 11,654 in professional & technical services.
The Richards Group, Inc.'s 2023 employer contribution ran below the $3,659 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 751212662 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.