Plan Ledger DOL Form 5500 · updated monthly

B. Riley Financial, Inc.401(k)

B. RILEY FINANCIAL, INC. 401(K) PROFIT SHARING PLAN · LOS ANGELES, CA · plan year 2024

Reported admin expense ratio · 2024
0.02%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

B. Riley Financial, Inc. reported $67,575 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,822 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.04% to 0.02%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other finance & insurance employers. By assets it is the 422nd-largest of 9,483 plans among California employers on file, and the 458th of 4,798 in finance & insurance. In 2024, employees put in $6.51 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$289,749,733
Participants with balances1,752
Active participants1,336
Employer contributions$2,433,609
Employee contributions$15,846,118
Employer contribution per active participant$1,822
Average account balance$165,382
Benefits paid to participants$29,129,752
Plan auditUnmodified (clean) audit opinion
AuditorWEINBERG & COMPANY, P.A.
Plan history3
Yearassets · accounts · employer contribution
2024$289.7M · 1,752 accts · $2.4M emplr
2023$256.2M · 1,964 accts · $2.6M emplr
2022$204.0M · 1,873 accts · $2.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,113
Investment management$32,962
Audit (IQPA)$12,500
Total administrative$67,575
The B. Riley Financial, Inc. 401(k) match · 2024
Employer contribution per active participant$1,822
Median for plans this size$4,294
2024$1,822 per active participant
2023$1,962 per active participant
2022$1,865 per active participant

B. Riley Financial, Inc.'s 2024 employer contribution ran below the $4,294 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.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$32,962
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$26,563
WEINBERG & CO. LA, LLP · Accounting / audit$12,500

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$67,575 · 0.02%
2023$111,431 · 0.05%
2022$95,694 · 0.04%
Same employer
Similar plansFinance & Insurance · California
Tcw, LLC CA$347.0M · 0.03%
Cathay General Bancorp CA$259.6M · 0.14%
Bank of Hope CA$252.5M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 270223495 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.