401k Plan data: THE RICHMOND GROUP, INC. EMPLOYEE STOCK OWNERSHIP PLAN plan

THE RICHMOND GROUP, INC. EMPLOYEE STOCK OWNERSHIP PLAN 401k Plan overview

Plan Name	THE RICHMOND GROUP, INC. EMPLOYEE STOCK OWNERSHIP PLAN
Plan identification number	002

THE RICHMOND GROUP, INC. EMPLOYEE STOCK OWNERSHIP PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Profit-sharing
Stock bonus
ESOP other than a leveraged ESOP - A completed Schedule E must be attached to a Form 5500 filed for an Employee Stock Ownership Plan (ESOP).
Leveraged ESOP - An ESOP that acquires employer securities with borrowed money or other debt-financing techniques. A completed Schedule E must be attached to a Form 5500 filed for an ESOP.
The employer maintaining this ESOP is an S Corporation
Plan requiring that all or part of employer contributions be invested and held, at least for a limited period, in employer securities.

401k Sponsoring company profile

THE RICHMOND GROUP, INC. has sponsored the creation of one or more 401k plans.

Company Name: THE RICHMOND GROUP, INC.

Employer identification number (EIN): 043130236

NAIC Classification: 236200

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE RICHMOND GROUP, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2022-01-01 DOUG QUEEN 2023-10-16
002 2021-01-01 RICHARD SHEEHAN 2022-09-14
002 2020-01-01 RICHARD SHEEHAN 2021-10-12 RICHARD SHEEHAN 2021-10-12
002 2019-01-01 RICHARD SHEEHAN 2020-09-03
002 2018-01-01 RICHARD SHEEHAN 2019-07-31
002 2017-01-01

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
002	2022-01-01	DOUG QUEEN	2023-10-16
002	2021-01-01	RICHARD SHEEHAN	2022-09-14
002	2020-01-01	RICHARD SHEEHAN	2021-10-12	RICHARD SHEEHAN	2021-10-12
002	2019-01-01	RICHARD SHEEHAN	2020-09-03
002	2018-01-01	RICHARD SHEEHAN	2019-07-31
002	2017-01-01

Plan Statistics for THE RICHMOND GROUP, INC. EMPLOYEE STOCK OWNERSHIP PLAN

401k plan membership statisitcs for THE RICHMOND GROUP, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Measure Date Value
2022: THE RICHMOND GROUP, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 104
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 87
Number of retired or separated participants receiving benefits 2022-01-01 0
Number of other retired or separated participants entitled to future benefits 2022-01-01 11
Total of all active and inactive participants 2022-01-01 98
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 0
Total participants 2022-01-01 98
Number of participants with account balances 2022-01-01 97
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 5
2021: THE RICHMOND GROUP, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 81
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 75
Number of retired or separated participants receiving benefits 2021-01-01 0
Number of other retired or separated participants entitled to future benefits 2021-01-01 9
Total of all active and inactive participants 2021-01-01 84
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 0
Total participants 2021-01-01 84
Number of participants with account balances 2021-01-01 83
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 2
2020: THE RICHMOND GROUP, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2020 401k membership
Total participants, beginning-of-year 2020-01-01 89
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 69
Number of retired or separated participants receiving benefits 2020-01-01 0
Number of other retired or separated participants entitled to future benefits 2020-01-01 8
Total of all active and inactive participants 2020-01-01 77
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 0
Total participants 2020-01-01 77
Number of participants with account balances 2020-01-01 77
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 2
2019: THE RICHMOND GROUP, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2019 401k membership
Total participants, beginning-of-year 2019-01-01 94
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 72
Number of retired or separated participants receiving benefits 2019-01-01 0
Number of other retired or separated participants entitled to future benefits 2019-01-01 17
Total of all active and inactive participants 2019-01-01 89
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 0
Total participants 2019-01-01 89
Number of participants with account balances 2019-01-01 89
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-01-01 10
2018: THE RICHMOND GROUP, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2018 401k membership
Total participants, beginning-of-year 2018-01-01 70
Total number of active participants reported on line 7a of the Form 5500 2018-01-01 71
Number of retired or separated participants receiving benefits 2018-01-01 0
Number of other retired or separated participants entitled to future benefits 2018-01-01 7
Total of all active and inactive participants 2018-01-01 78
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2018-01-01 0
Total participants 2018-01-01 78
Number of participants with account balances 2018-01-01 78
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2018-01-01 10
2017: THE RICHMOND GROUP, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2017 401k membership
Total participants, beginning-of-year 2017-01-01 60
Total number of active participants reported on line 7a of the Form 5500 2017-01-01 68
Number of retired or separated participants receiving benefits 2017-01-01 0
Number of other retired or separated participants entitled to future benefits 2017-01-01 0
Total of all active and inactive participants 2017-01-01 68
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2017-01-01 0
Total participants 2017-01-01 68
Number of participants with account balances 2017-01-01 68
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2017-01-01 0

Measure	Date	Value
2022: THE RICHMOND GROUP, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	104
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	87
Number of retired or separated participants receiving benefits	2022-01-01	0
Number of other retired or separated participants entitled to future benefits	2022-01-01	11
Total of all active and inactive participants	2022-01-01	98
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	0
Total participants	2022-01-01	98
Number of participants with account balances	2022-01-01	97
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	5
2021: THE RICHMOND GROUP, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	81
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	75
Number of retired or separated participants receiving benefits	2021-01-01	0
Number of other retired or separated participants entitled to future benefits	2021-01-01	9
Total of all active and inactive participants	2021-01-01	84
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	0
Total participants	2021-01-01	84
Number of participants with account balances	2021-01-01	83
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	2
2020: THE RICHMOND GROUP, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2020 401k membership
Total participants, beginning-of-year	2020-01-01	89
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	69
Number of retired or separated participants receiving benefits	2020-01-01	0
Number of other retired or separated participants entitled to future benefits	2020-01-01	8
Total of all active and inactive participants	2020-01-01	77
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	0
Total participants	2020-01-01	77
Number of participants with account balances	2020-01-01	77
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	2
2019: THE RICHMOND GROUP, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2019 401k membership
Total participants, beginning-of-year	2019-01-01	94
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	72
Number of retired or separated participants receiving benefits	2019-01-01	0
Number of other retired or separated participants entitled to future benefits	2019-01-01	17
Total of all active and inactive participants	2019-01-01	89
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	0
Total participants	2019-01-01	89
Number of participants with account balances	2019-01-01	89
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-01-01	10
2018: THE RICHMOND GROUP, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2018 401k membership
Total participants, beginning-of-year	2018-01-01	70
Total number of active participants reported on line 7a of the Form 5500	2018-01-01	71
Number of retired or separated participants receiving benefits	2018-01-01	0
Number of other retired or separated participants entitled to future benefits	2018-01-01	7
Total of all active and inactive participants	2018-01-01	78
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2018-01-01	0
Total participants	2018-01-01	78
Number of participants with account balances	2018-01-01	78
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2018-01-01	10
2017: THE RICHMOND GROUP, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2017 401k membership
Total participants, beginning-of-year	2017-01-01	60
Total number of active participants reported on line 7a of the Form 5500	2017-01-01	68
Number of retired or separated participants receiving benefits	2017-01-01	0
Number of other retired or separated participants entitled to future benefits	2017-01-01	0
Total of all active and inactive participants	2017-01-01	68
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2017-01-01	0
Total participants	2017-01-01	68
Number of participants with account balances	2017-01-01	68
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2017-01-01	0

Financial Data on THE RICHMOND GROUP, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Measure	Date	Value
2022 : THE RICHMOND GROUP, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2022 401k financial data
Total plan liabilities at end of year	2022-12-31	$4,610,158
Total plan liabilities at beginning of year	2022-12-31	$4,849,675
Total income from all sources	2022-12-31	$8,847,517
Expenses. Total of all expenses incurred	2022-12-31	$1,643,812
Benefits paid (including direct rollovers)	2022-12-31	$1,643,812
Total plan assets at end of year	2022-12-31	$59,746,998
Total plan assets at beginning of year	2022-12-31	$52,782,810
Value of fidelity bond covering the plan	2022-12-31	$1,000,000
Total contributions received or receivable from participants	2022-12-31	$0
Expenses. Other expenses not covered elsewhere	2022-12-31	$0
Contributions received from other sources (not participants or employers)	2022-12-31	$0
Other income received	2022-12-31	$7,259,599
Noncash contributions received	2022-12-31	$0
Net income (gross income less expenses)	2022-12-31	$7,203,705
Net plan assets at end of year (total assets less liabilities)	2022-12-31	$55,136,840
Net plan assets at beginning of year (total assets less liabilities)	2022-12-31	$47,933,135
Assets. Value of employer securities	2022-12-31	$58,842,000
Total contributions received or receivable from employer(s)	2022-12-31	$1,587,918
Value of certain deemed distributions of participant loans	2022-12-31	$0
Value of corrective distributions	2022-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2022-12-31	$0
2021 : THE RICHMOND GROUP, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2021 401k financial data
Total plan liabilities at end of year	2021-12-31	$4,849,675
Total plan liabilities at beginning of year	2021-12-31	$5,082,081
Total income from all sources	2021-12-31	$19,163,918
Expenses. Total of all expenses incurred	2021-12-31	$697,862
Benefits paid (including direct rollovers)	2021-12-31	$542,350
Total plan assets at end of year	2021-12-31	$52,782,810
Total plan assets at beginning of year	2021-12-31	$34,549,160
Value of fidelity bond covering the plan	2021-12-31	$1,000,000
Expenses. Other expenses not covered elsewhere	2021-12-31	$155,512
Other income received	2021-12-31	$17,576,000
Net income (gross income less expenses)	2021-12-31	$18,466,056
Net plan assets at end of year (total assets less liabilities)	2021-12-31	$47,933,135
Net plan assets at beginning of year (total assets less liabilities)	2021-12-31	$29,467,079
Assets. Value of employer securities	2021-12-31	$51,434,000
Total contributions received or receivable from employer(s)	2021-12-31	$1,587,918
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2021-12-31	$0
2020 : THE RICHMOND GROUP, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2020 401k financial data
Total plan liabilities at end of year	2020-12-31	$5,082,081
Total plan liabilities at beginning of year	2020-12-31	$5,307,155
Total income from all sources	2020-12-31	$15,914,918
Expenses. Total of all expenses incurred	2020-12-31	$536,684
Benefits paid (including direct rollovers)	2020-12-31	$373,840
Total plan assets at end of year	2020-12-31	$34,549,160
Total plan assets at beginning of year	2020-12-31	$19,396,000
Value of fidelity bond covering the plan	2020-12-31	$1,000,000
Expenses. Other expenses not covered elsewhere	2020-12-31	$162,844
Other income received	2020-12-31	$15,162,000
Net income (gross income less expenses)	2020-12-31	$15,378,234
Net plan assets at end of year (total assets less liabilities)	2020-12-31	$29,467,079
Net plan assets at beginning of year (total assets less liabilities)	2020-12-31	$14,088,845
Assets. Value of employer securities	2020-12-31	$33,858,000
Total contributions received or receivable from employer(s)	2020-12-31	$752,918
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2020-12-31	$0
2019 : THE RICHMOND GROUP, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2019 401k financial data
Total plan liabilities at end of year	2019-12-31	$5,307,155
Total plan liabilities at beginning of year	2019-12-31	$5,525,978
Total income from all sources	2019-12-31	$8,355,918
Expenses. Total of all expenses incurred	2019-12-31	$169,095
Total plan assets at end of year	2019-12-31	$19,396,000
Total plan assets at beginning of year	2019-12-31	$11,428,000
Value of fidelity bond covering the plan	2019-12-31	$1,000,000
Expenses. Other expenses not covered elsewhere	2019-12-31	$169,095
Other income received	2019-12-31	$7,268,000
Net income (gross income less expenses)	2019-12-31	$8,186,823
Net plan assets at end of year (total assets less liabilities)	2019-12-31	$14,088,845
Net plan assets at beginning of year (total assets less liabilities)	2019-12-31	$5,902,022
Assets. Value of employer securities	2019-12-31	$18,696,000
Total contributions received or receivable from employer(s)	2019-12-31	$1,087,918
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2019-12-31	$0
2018 : THE RICHMOND GROUP, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2018 401k financial data
Total plan liabilities at end of year	2018-12-31	$5,525,978
Total income from all sources	2018-12-31	$5,015,918
Expenses. Total of all expenses incurred	2018-12-31	$74,896
Total plan assets at end of year	2018-12-31	$11,428,000
Total plan assets at beginning of year	2018-12-31	$961,000
Expenses. Other expenses not covered elsewhere	2018-12-31	$74,896
Other income received	2018-12-31	$3,760,347
Net income (gross income less expenses)	2018-12-31	$4,941,022
Net plan assets at end of year (total assets less liabilities)	2018-12-31	$5,902,022
Net plan assets at beginning of year (total assets less liabilities)	2018-12-31	$961,000
Assets. Value of employer securities	2018-12-31	$11,428,000
Total contributions received or receivable from employer(s)	2018-12-31	$1,255,571
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2018-12-31	$0
2017 : THE RICHMOND GROUP, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2017 401k financial data
Total income from all sources	2017-12-31	$961,000
Expenses. Total of all expenses incurred	2017-12-31	$0
Total plan assets at end of year	2017-12-31	$961,000
Total plan assets at beginning of year	2017-12-31	$0
Net income (gross income less expenses)	2017-12-31	$961,000
Net plan assets at end of year (total assets less liabilities)	2017-12-31	$961,000
Net plan assets at beginning of year (total assets less liabilities)	2017-12-31	$0
Total contributions received or receivable from employer(s)	2017-12-31	$961,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2017-12-31	$0

Form 5500 Responses for THE RICHMOND GROUP, INC. EMPLOYEE STOCK OWNERSHIP PLAN

2022: THE RICHMOND GROUP, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	Submission has been amended	No
2022-01-01	This submission is the final filing	No
2022-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2022-01-01	Plan is a collectively bargained plan	No
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: THE RICHMOND GROUP, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Submission has been amended	No
2021-01-01	This submission is the final filing	No
2021-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2021-01-01	Plan is a collectively bargained plan	No
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2020: THE RICHMOND GROUP, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	Submission has been amended	No
2020-01-01	This submission is the final filing	No
2020-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2020-01-01	Plan is a collectively bargained plan	No
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes
2019: THE RICHMOND GROUP, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2019 form 5500 responses
2019-01-01	Type of plan entity	Single employer plan
2019-01-01	Submission has been amended	No
2019-01-01	This submission is the final filing	No
2019-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2019-01-01	Plan is a collectively bargained plan	No
2019-01-01	Plan funding arrangement – Trust	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes
2018: THE RICHMOND GROUP, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2018 form 5500 responses
2018-01-01	Type of plan entity	Single employer plan
2018-01-01	Submission has been amended	No
2018-01-01	This submission is the final filing	No
2018-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2018-01-01	Plan is a collectively bargained plan	No
2018-01-01	Plan funding arrangement – Trust	Yes
2018-01-01	Plan benefit arrangement - Trust	Yes
2017: THE RICHMOND GROUP, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2017 form 5500 responses
2017-01-01	Type of plan entity	Single employer plan
2017-01-01	First time form 5500 has been submitted	Yes
2017-01-01	Submission has been amended	No
2017-01-01	This submission is the final filing	No
2017-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2017-01-01	Plan is a collectively bargained plan	No
2017-01-01	Plan funding arrangement – Trust	Yes
2017-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	THE RICHMOND GROUP, INC.
Employer identification number (EIN):	043130236
NAIC Classification:	236200