Plan Ledger DOL Form 5500 · updated monthly

River City Equipment Rental & Sales, Inc.401(k)

SECURE FUTURE SAVINGS AND INVESTING PLAN · FRANKLIN, TN · plan year 2024

Reported admin expense ratio · 2024
1.03%

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

River City Equipment Rental & Sales, Inc. reported $64,076 in plan administrative expenses for 2024: 1.03% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,020 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 0.57% to 1.03%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Tennessee (927th of 1,496), and 3,251st of 4,246 in wholesale trade. In 2024, employees put in $1.49 for every $1.00 the employer contributed; active participation has grown from 295 to 382 since 2022.

Plan summary
Net assets, end of year$7,719,481
Participants with balances492
Active participants382
Employer contributions$1,153,514
Employee contributions$1,717,891
Employer contribution per active participant$3,020
Average account balance$15,690
Benefits paid to participants$855,873
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.7M · 492 accts · $1.2M emplr
2023$4.7M · 363 accts · $896K emplr
2022$1.6M · 260 accts · $612K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$64,076
Total administrative$64,076
The River City Equipment Rental & Sales, Inc. 401(k) match · 2024
Employer contribution per active participant$3,020
Median for plans this size$1,313
2024$3,020 per active participant
2023$2,377 per active participant
2022$2,073 per active participant

River City Equipment Rental & Sales, Inc.'s 2024 employer contribution ran above the $1,313 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
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$28,214
NOVA 401K ASSOCIATES LP · Recordkeeping · Loan processing$7,725
PNC BANK NATIONAL ASSOCIATION · Investment advisory (plan)$27,454

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

Recordkeeper by year2
2024NOVA 401K ASSOCIATES LP, Transamerica
2023NOVA 401K ASSOCIATES LP, Transamerica

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Administrative cost history3
2024$64,076 · 1.03%
2023$35,899 · 1.13%
2022$9,171 · 0.57%
Same employer
Similar plansWholesale Trade · Tennessee
Khs America, Inc. TN$9.1M · 0.46%
Mta Distributors, Inc. TN$8.9M · 0.29%
The Reese Group, Inc. TN$8.6M · 0.36%
Mfg Chemical LLC TN$6.7M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 208799242 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.