Plan Ledger DOL Form 5500 · updated monthly

River Valley Bancorporation, Inc.401(k)

PROFIT SHARING PLAN FOR RIVER VALLEY BANCORPORATION, INC. AND RELATED EMPLOYERS · WAUSAU, WI · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

River Valley Bancorporation, Inc. reported $53,424 in plan administrative expenses for 2024: 0.17% of average plan assets, below the peer median. 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 0.22% to 0.17%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 608th-largest of 1,936 plans among Wisconsin employers on file, and the 2,343rd of 4,798 in finance & insurance. In 2024, employees put in $2.79 for every $1.00 the employer contributed; active participation has shrunk from 270 to 243 since 2022.

Plan summary
Net assets, end of year$31,434,394
Participants with balances308
Active participants243
Employer contributions$695,920
Employee contributions$1,940,914
Employer contribution per active participant$2,864
Average account balance$102,060
Benefits paid to participants$5,339,101
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$31.4M · 308 accts · $696K emplr
2023$29.8M · 316 accts · $700K emplr
2022$24.7M · 335 accts · $523K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$42,867
Investment management$3,857
Total administrative$53,424
The River Valley Bancorporation, 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$2,918 per active participant
2022$1,938 per active participant

River Valley Bancorporation, 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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$42,867
HAYS FINANCIAL GROUP, LLC · Investment advisory (plan)$6,700
WEALTH MANAGEMENT SYSTEMS INC · Other servicesindirect 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$53,424 · 0.17%
2023$40,737 · 0.15%
2022$61,038 · 0.22%
Same employer
Similar plansFinance & Insurance · Wisconsin
Hausmann Group, Inc. WI$35.4M · 0.03%
Jacobus Energy, LLC WI$34.1M · 0.38%
Capital Credit Union WI$33.1M · 0.44%
Ansay & Associates, LLC WI$30.1M · 0.24%
Catholic Financial Life WI$30.1M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391440245 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.