Plan Ledger DOL Form 5500 · updated monthly

Ridgewood Energy Corp401(k)

RIDGEWOOD ENERGY CORP 401(K) PROFIT SHARING PLAN AND TRUST · MONTVALE, NJ · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

Ridgewood Energy Corp reported $96,949 in plan administrative expenses for 2024: 0.22% of average plan assets, below the peer median. Employer contributions averaged $6,141 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 0.43% to 0.22%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 592nd-largest of 2,419 plans among New Jersey employers on file, and the 1,743rd of 4,798 in finance & insurance. In 2024, employees put in $3.13 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$47,468,886
Participants with balances114
Active participants86
Employer contributions$528,100
Employee contributions$1,650,797
Employer contribution per active participant$6,141
Average account balance$416,394
Benefits paid to participants$1,739,616
Plan auditUnmodified (clean) audit opinion
AuditorBDG CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$47.5M · 114 accts · $528K emplr
2023$40.2M · 110 accts · $503K emplr
2022$32.5M · 107 accts · $475K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,471
Investment management$83,478
Total administrative$96,949
The Ridgewood Energy Corp 401(k) match · 2024
Employer contribution per active participant$6,141
Median for plans this size$2,416
2024$6,141 per active participant
2023$6,132 per active participant
2022$5,932 per active participant

Ridgewood Energy Corp's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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
SFI ADVISORS, LLC · Recordkeeping · Trustee$83,477
ADP, INC. · Loan processing · Recordkeeping$13,471
ADP BROKER-DEALERindirect comp

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

Recordkeeper by year2
2024ADP, SFI ADVISORS, LLC
2023ADP, SFI ADVISORS, LLC

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Administrative cost history3
2024$96,949 · 0.22%
2023$82,483 · 0.23%
2022$155,851 · 0.43%
Similar plansFinance & Insurance · New Jersey
Ubs Financial Services Inc. NJ$57.3M · 0.03%
Cross River Bank NJ$53.3M · 0.37%
Sagesure LLC NJ$50.3M · 0.43%
Spencer Savings Bank Sla NJ$48.4M · 0.40%
Northfield Bank NJ$44.3M · 0.18%
Hennion & Walsh Inc NJ$38.6M · 0.13%
Manasquan Bank NJ$38.3M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 760036505 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.