Plan Ledger DOL Form 5500 · updated monthly

James River Group, Inc.401(k)

JAMES RIVER GROUP, INC. 401(K) PLAN · RICHMOND, VA · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

James River Group, Inc. reported $64,273 in plan administrative expenses for 2024: 0.07% of average plan assets, below the peer median. Employer contributions averaged $6,500 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 rose from 0.05% to 0.07%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other management of companies employers. By assets it is the 282nd-largest of 2,266 plans among Virginia employers on file, and the 204th of 786 in management of companies. In 2024, employees put in $1.46 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$100,726,346
Participants with balances819
Active participants645
Employer contributions$4,192,447
Employee contributions$6,124,324
Employer contribution per active participant$6,500
Average account balance$122,987
Benefits paid to participants$10,894,454
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$100.7M · 819 accts · $4.2M emplr
2023$87.1M · 827 accts · $4.0M emplr
2022$72.3M · 804 accts · $3.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$39,686
Investment management$24,287
Total administrative$64,273
The James River Group, Inc. 401(k) match · 2024
Employer contribution per active participant$6,500
Median for plans this size$3,635
2024$6,500 per active participant
2023$6,137 per active participant
2022$5,442 per active participant

James River Group, Inc.'s 2024 employer contribution ran above the $3,635 median for plans its size. 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
EMPOWER ADVISORY GROUP, LLC · Investment management$24,287
QDRO CONSULTANTS COMPANY, LLC$300

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$64,273 · 0.07%
2023$47,970 · 0.06%
2022$35,902 · 0.05%
Similar plansManagement of Companies · Virginia
Akima, LLC VA$554.7M · 0.26%
Primis Bank VA$44.4M · 0.65%
The United Company VA$42.2M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 050539572 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.