Plan Ledger DOL Form 5500 · updated monthly

River Horse Logistics, LLC401(k)

RIVERHORSE LOGISTICS, LLC RETIREMENT READINESS 401(K) PLAN · MEMPHIS, TN · plan year 2022

Reported admin expense ratio · 2022
0.22%

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

River Horse Logistics, LLC reported $8,691 in plan administrative expenses for 2022: 0.22% of average plan assets, below the peer median. Employer contributions averaged $510 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 0.35% to 0.22%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Tennessee (1,156th of 1,496), and 4,520th of 4,798 in finance & insurance. In 2022, employees put in $2.57 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,025,601
Participants with balances178
Active participants422
Employer contributions$215,410
Employee contributions$553,437
Employer contribution per active participant$510
Average account balance$22,616
Benefits paid to participants$106,413
Plan auditUnmodified (clean) audit opinion
AuditorATA, PC
Plan history2
Yearassets · accounts · employer contribution
2022$4.0M · 178 accts · $215K emplr
2020$3.1M · 150 accts · $174K emplr
Administrative expenses, itemized · 2022
Professional / advisory$8,691
Total administrative$8,691
The River Horse Logistics, LLC 401(k) match · 2022
Employer contribution per active participant$510
Median for plans this size$1,114
2022$510 per active participant
2020$488 per active participant

River Horse Logistics, LLC's 2022 employer contribution ran below the $1,114 median for plans its size, in the bottom 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2022$8,691 · 0.22%
2020$9,655 · 0.35%
Same employer
Similar plansFinance & Insurance · Tennessee
Apex Bank TN$5.4M · 0.39%
Springdale Title, LLC TN$1.4M · 0.22%
Creditcorp TN$398K · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 474222187 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.