# The Richards Group, INC. 401(k) Plan
Source: https://planprovider.pro/companies/the-richards-group-inc-plan-001

> The Richards Group, INC.&#39;s 401(k) plan: 219 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** The Richards Group, INC.

- **Sponsor EIN:** 751212662

- **Sponsor Address:** 2700 COMMERCE ST STE 100A, DALLAS, TX, 75226

- **Plan Type:** 401(k)

- **Total Participants:** 219

- **Total Assets:** $187.9M

## Key Plan Design Features

- **Auto-Enrollment:** No

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** No

- **Participant-Directed Investments:** Yes

- **ERISA Section 404(c) Fiduciary Safe Harbor:** Yes

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|219|$187.9M|$6,296|$2.2M|

| 2023|304|$193.6M|$0|$2.4M|

| 2022|301|$183.0M|$5.2M|$2.4M|

## Service Providers (Schedule C)

Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).

| Provider Name|
Role|
Direct Compensation|
Indirect Compensation|
Total Fees|

| GLOBAL RETIREMENT PARTNERS, LLC|CONSULTANT|$45,000|—|$45,000|

| WEAVER AND TIDWELL, LLP|ACCOUNTANT/AUDITOR|$14,700|—|$14,700|

| OGLETREE,DEAKINS,NASH,SM P.C|ATTORNEY/LEGAL|$11,652|—|$11,652|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [GLOBAL RETIREMENT PARTNERS, LLC](https://planprovider.pro/provider/global-retirement-partners-llc) — CONSULTANT

- [WEAVER AND TIDWELL, LLP](https://planprovider.pro/provider/weaver-and-tidwell-llp) — ACCOUNTANT/AUDITOR

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $71,352

- **Estimated Expense Ratio:** 0.038% of plan assets

### Historical Administrative Expenses

Breakdown of administrative expense categories reported on Form 5500 filings.

| Year|
Total Admin Expenses|
Investment Mgmt Fees|
Contract Admin Fees|
IQPA Audit Fees|
Professional Fees|

| 2024|-$96,619|—|—|$14,700|—|

| 2023|-$113,098|—|—|$14,420|—|

| 2022|$3,981|—|—|—|—|

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[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/the-richards-group-inc-plan-001)

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