Plan Ledger DOL Form 5500 · updated monthly

Riva Solutions, Inc.401(k)

RIVA SOLUTIONS 401(K) PLAN · MCLEAN, VA · plan year 2024

Reported admin expense ratio · 2024
0.59%

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

Riva Solutions, Inc. reported $73,874 in plan administrative expenses for 2024: 0.59% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,864 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 0.68% to 0.59%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Virginia (1,247th of 2,266), and 6,918th of 11,654 in professional & technical services. In 2024, employees put in $2.35 for every $1.00 the employer contributed; active participation has shrunk from 524 to 277 since 2022.

Plan summary
Net assets, end of year$13,656,579
Participants with balances276
Active participants277
Employer contributions$793,340
Employee contributions$1,863,223
Employer contribution per active participant$2,864
Average account balance$49,480
Benefits paid to participants$2,471,288
Plan auditUnmodified (clean) audit opinion
AuditorREGAN, SCHICKNER, & HARPER LLC
Plan history3
Yearassets · accounts · employer contribution
2024$13.7M · 276 accts · $793K emplr
2023$11.2M · 295 accts · $765K emplr
2022$8.0M · 303 accts · $736K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$37,052
Investment management$36,822
Total administrative$73,874
The Riva Solutions, Inc. 401(k) match · 2024
Employer contribution per active participant$2,864
Median for plans this size$2,416
2024$2,864 per active participant
2023$2,142 per active participant
2022$1,404 per active participant

Riva Solutions, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20242
PCS RETIREMENT, LLC · Contract administrator · Recordkeeping$37,052
THE CAPITAL GROUP · Investment management$36,822

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

Recordkeeper by year2
2024PCS Retirement
2023PCS Retirement

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$73,874 · 0.59%
2023$45,240 · 0.47%
2022$52,864 · 0.68%
Same employer
Similar plansProfessional & Technical Services · Virginia
Deque Systems Inc. VA$14.0M · 0.79%
Emagine IT, Inc. VA$13.8M · 0.02%
Specter Ops, Inc. VA$13.7M · 0.08%
Tech Wizards VA$13.6M · 0.51%

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Source: U.S. Department of Labor, Form 5500 series, EIN 271511336 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.