Plan Ledger DOL Form 5500 · updated monthly

Riv Data Corp401(k)

RIV DATA CORP 401(K) PLAN · SANTA BARBARA, CA · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Riv Data Corp reported $5,783 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,763 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 1 year on file its reported administrative ratio rose from 0.00% to 0.07%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in California (5,600th of 9,483), and 8,155th of 11,654 in professional & technical services. In 2024, employees put in $9.32 for every $1.00 the employer contributed; active participation has shrunk from 91 to 50 since 2022.

Plan summary
Net assets, end of year$9,501,064
Participants with balances121
Active participants50
Employer contributions$88,169
Employee contributions$821,925
Employer contribution per active participant$1,763
Average account balance$78,521
Benefits paid to participants$498,416
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.5M · 121 accts · $88K emplr
2023$7.7M · 157 accts · $387K emplr
2022$5.3M · 158 accts · $479K emplr
Administrative expenses, itemized · 2024
Investment management$5,783
Total administrative$5,783
The Riv Data Corp 401(k) match · 2024
Employer contribution per active participant$1,763
Median for plans this size$1,313
2024$1,763 per active participant
2023$4,205 per active participant
2022$5,260 per active participant

Riv Data Corp's 2024 employer contribution ran above the $1,313 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 · 20241
BETTERMENT FOR BUSINESS, LLC · Investment advisory (plan)$5,783

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$5,783 · 0.07%
2023$311 · 0.00%
2022Not separately reported
Similar plansProfessional & Technical Services · California
Drizly LLC CA$9.5M · 0.25%
Fuel Cycle Inc. CA$9.5M · 0.19%
Pinger, Inc. CA$9.5M · 0.00%
Bellaken Health Group Inc CA$9.5M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 272418263 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.