Plan Ledger DOL Form 5500 · updated monthly

Riggs Distler & Company, Inc.401(k)

RIGGS DISTLER & COMPANY, INC. RETIREMENT PLAN · CHERRY HILL, NJ · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Riggs Distler & Company, Inc. reported $59,850 in plan administrative expenses for 2024: 0.12% of average plan assets, lower than ~75% of peers. Employer contributions averaged $12,527 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 0.04% to 0.12%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 556th-largest of 2,419 plans among New Jersey employers on file, and the 1,017th of 5,337 in construction. In 2024, the employer put in $1.33 for every $1.00 employees contributed themselves; active participation has shrunk from 296 to 258 since 2022.

Plan summary
Net assets, end of year$52,662,824
Participants with balances501
Active participants258
Employer contributions$3,232,073
Employee contributions$2,437,693
Employer contribution per active participant$12,527
Average account balance$105,115
Benefits paid to participants$4,447,161
Plan auditUnmodified (clean) audit opinion
AuditorBELFINT - LYONS - SHUMAN
Plan history3
Yearassets · accounts · employer contribution
2024$52.7M · 501 accts · $3.2M emplr
2023$44.1M · 489 accts · $3.4M emplr
2022$35.1M · 467 accts · $3.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$59,850
Total administrative$59,850
The Riggs Distler & Company, Inc. 401(k) match · 2024
Employer contribution per active participant$12,527
Median for plans this size$2,416
2024$12,527 per active participant
2023$11,466 per active participant
2022$10,364 per active participant

Riggs Distler & Company, Inc.'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 · 20241

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$59,850 · 0.12%
2023$26,378 · 0.07%
2022$14,159 · 0.04%
Same employer
Similar plansConstruction · New Jersey
Torcon, Inc. NJ$103.8M · 0.14%
J.F Kiely Service Co., LLC NJ$50.3M · 0.02%
Reiner Group, Inc. NJ$44.8M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 520294020 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.