Plan Ledger DOL Form 5500 · updated monthly

Riverside Staffing Services, Inc.401(k)

RIVERSIDE STAFFING SERVICES, INC. 401(K) PLAN · KANSAS CITY, KS · plan year 2024

Reported admin expense ratio · 2024
1.34%

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

Riverside Staffing Services, Inc. reported $38,935 in plan administrative expenses for 2024: 1.34% of average plan assets, higher than ~90% of peers. Employer contributions averaged $242 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 0.73% to 1.34%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is among the smaller plans on file in Kansas (724th of 828), and 741st of 945 in agriculture, forestry & fishing. In 2024, employees put in $3.78 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,965,687
Participants with balances372
Active participants539
Employer contributions$130,490
Employee contributions$493,293
Employer contribution per active participant$242
Average account balance$7,972
Benefits paid to participants$873,805
Plan auditUnmodified (clean) audit opinion
AuditorTRUSTPOINT, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$3.0M · 372 accts · $130K emplr
2023$2.8M · 323 accts · $130K emplr
2022$2.2M · 248 accts · $49K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$38,935
Total administrative$38,935
The Riverside Staffing Services, Inc. 401(k) match · 2024
Employer contribution per active participant$242
Median for plans this size$1,313
2024$242 per active participant
2023$260 per active participant
2022$86 per active participant

Riverside Staffing Services, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20241
EQUITABLE LIFE INSURANCE COMPANY · Recordkeeping · Loan processing$38,935

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

Recordkeeper by year2
2024EQUITABLE LIFE INSURANCE COMPANY
2023EQUITABLE LIFE INSURANCE

This plan has changed recordkeepers within these filings. If you left Riverside Staffing Services, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$38,935 · 1.34%
2023$28,783 · 1.15%
2022$23,665 · 0.73%
Same employer
Similar plansAgriculture, Forestry & Fishing · Kansas
Frontier AG, Inc. KS$7.1M · 0.37%
J-Six Enterprises, L.L.C. KS$6.6M · 0.06%
Skymark Refuelers, LLC KS$1.9M · 0.57%
Villa St. Francis KS$223K · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 204357804 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.