Plan Ledger DOL Form 5500 · updated monthly

Riverbay Corporation401(k)

RIVERBAY CORPORATION 401(K) PLAN · BRONX, NY · plan year 2024

Reported admin expense ratio · 2024
0.17%

Riverbay Corporation reported $31,448 in plan administrative expenses for 2024: 0.17% of average plan assets, below the peer median. 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 0.27% to 0.17%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 2,539th-largest of 5,648 plans among New York employers on file, and the 668th of 2,096 in real estate & leasing.

Plan summary
Net assets, end of year$19,902,206
Participants with balances354
Active participants313
Employer contributions—
Employee contributions$1,619,690
Employer contribution per active participant—
Average account balance$56,221
Benefits paid to participants$1,731,459
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$19.9M · 354 accts
2023$17.9M · 341 accts
2022$17.0M · 357 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,615
Investment management$21,833
Total administrative$31,448
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
RAYMOND JAMES FINANCIAL SERVICE · Recordkeeping · Trustee$21,832
ADP, INC. · Loan processing · Recordkeeping$9,671

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

Recordkeeper by year2
2024ADP, Raymond James
2023ADP, Raymond James

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Administrative cost history3
2024$31,448 · 0.17%
2023$29,167 · 0.17%
2022$49,126 · 0.27%
Same employer
Similar plansReal Estate & Leasing · New York
Milford Consultants LTD. NY$20.8M · 0.25%
Dreamscape Companies LLC NY$20.7M · 0.00%
Rd Management, LLC NY$20.7M · 0.26%
S.W. Management LLC NY$19.5M · 0.05%
Tri City Rentals LLC NY$19.1M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 132571433 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.