Plan Ledger DOL Form 5500 · updated monthly

River Country Co-Op401(k)

RIVER COUNTRY CO-OP 401(K) PLAN · CHIPPEWA FALLS, WI · plan year 2024

Reported admin expense ratio · 2024
0.54%

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

River Country Co-Op reported $117,102 in plan administrative expenses for 2024: 0.54% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,125 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 0.61% to 0.54%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 791st-largest of 1,936 plans among Wisconsin employers on file, and the 1,319th of 5,215 in retail trade. In 2024, employees put in $1.50 for every $1.00 the employer contributed; active participation has shrunk from 291 to 242 since 2022.

Plan summary
Net assets, end of year$22,653,480
Participants with balances240
Active participants242
Employer contributions$514,317
Employee contributions$770,708
Employer contribution per active participant$2,125
Average account balance$94,390
Benefits paid to participants$1,710,815
Plan auditUnmodified (clean) audit opinion
AuditorCARLSONSV LLP
Plan history3
Yearassets · accounts · employer contribution
2024$22.7M · 240 accts · $514K emplr
2023$21.0M · 245 accts · $589K emplr
2022$17.5M · 241 accts · $555K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$117,102
Total administrative$117,102
The River Country Co-Op 401(k) match · 2024
Employer contribution per active participant$2,125
Median for plans this size$2,416
2024$2,125 per active participant
2023$2,265 per active participant
2022$1,909 per active participant

River Country Co-Op's 2024 employer contribution ran below 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$117,102
RAYMOND JAMES & ASSOCIATES, INC. · Investment advisory (plan)indirect comp

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$117,102 · 0.54%
2023$109,335 · 0.57%
2022$100,587 · 0.61%
Similar plansRetail Trade · Wisconsin
Palmen Motors, Inc. WI$24.0M · 0.45%
Rottinghaus Company, Inc. WI$23.7M · 0.23%
The MD Group LLC WI$22.8M · 0.47%
Ivan Gandrud Chevrolet, Inc WI$21.0M · 0.14%
Nasco Education LLC WI$20.8M · 0.32%
T.R. Nelson, Inc. WI$20.7M · 0.67%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391652209 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.