Plan Ledger DOL Form 5500 · updated monthly

River City Mortgage, LLC401(k)

RIVER CITY MORTGAGE, LLC 401(K) P/S PLAN · BLUE ASH, OH · plan year 2024

Reported admin expense ratio · 2024
0.94%

River City Mortgage, LLC reported $18,083 in plan administrative expenses for 2024: 0.94% of average plan assets, higher than ~75% of peers. 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 1.49% to 0.94%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Ohio (3,014th of 3,295), and 4,658th of 4,798 in finance & insurance. active participation has shrunk from 101 to 61 since 2022.

Plan summary
Net assets, end of year$2,018,058
Participants with balances62
Active participants61
Employer contributions—
Employee contributions$176,988
Employer contribution per active participant—
Average account balance$32,549
Benefits paid to participants$336,903
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.0M · 62 accts
2023$1.8M · 142 accts
2022$1.6M · 179 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,654
Investment management$9,429
Total administrative$18,083
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
ASCENSUS LLC · Loan processing · Recordkeeping$8,654
CETERA INVESTMENT ADVISORS · Investment advisory (plan)$9,429

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

Recordkeeper by year2
2024Ascensus
2023Ascensus, PAI

This plan has changed recordkeepers within these filings. If you left River City Mortgage, LLC before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$18,083 · 0.94%
2023$25,802 · 1.50%
2022$25,322 · 1.49%
Similar plansFinance & Insurance · Ohio
Rapid Mortgage Company OH$3.4M · 1.07%
Grasshopper Investments OH$977K · 1.91%
Intellihartx, LLC OH$367K · 3.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 263749357 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.