Plan Ledger DOL Form 5500 · updated monthly

Riverbend Head Start & Family Services, Inc.401(k)

RIVERBEND HEAD START & FAMILY SERVICES, INC. RETIREMENT AND SAVINGS PLAN · ALTON, IL · plan year 2024

Reported admin expense ratio · 2024
0.33%

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

Riverbend Head Start & Family Services, Inc. reported $25,279 in plan administrative expenses for 2024: 0.33% of average plan assets, below the peer median. Employer contributions averaged $2,457 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 rose from 0.30% to 0.33%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Illinois (2,592nd of 3,702), and 6,411th of 11,911 in health care & social assistance. In 2024, employees put in $1.04 for every $1.00 the employer contributed; active participation has grown from 105 to 124 since 2022.

Plan summary
Net assets, end of year$8,079,365
Participants with balances184
Active participants124
Employer contributions$304,642
Employee contributions$317,652
Employer contribution per active participant$2,457
Average account balance$43,910
Benefits paid to participants$599,419
Plan auditUnmodified (clean) audit opinion
AuditorHOPE WILSCHETZ
Plan history3
Yearassets · accounts · employer contribution
2024$8.1M · 184 accts · $305K emplr
2023$7.4M · 185 accts · $251K emplr
2022$6.2M · 187 accts · $215K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,609
Investment management$17,670
Total administrative$25,279
The Riverbend Head Start & Family Services, Inc. 401(k) match · 2024
Employer contribution per active participant$2,457
Median for plans this size$1,313
2024$2,457 per active participant
2023$2,392 per active participant
2022$2,052 per active participant

Riverbend Head Start & Family Services, Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$41,826
RAYMOND JAMES AND ASSOCIATES · Investment advisory (plan)$17,670

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

Recordkeeper by year2
2024The Standard
2023Securian

This plan has changed recordkeepers within these filings. If you left Riverbend Head Start & Family Services, Inc. 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$25,279 · 0.33%
2023$21,353 · 0.32%
2022$20,097 · 0.30%
Same employer
Similar plansHealth Care & Social Assistance · Illinois
Magna Health Systems, LLC IL$8.2M · 0.23%
Insight Chicago IL$8.1M · 0.20%
Plymouth Place, Inc. IL$8.1M · 0.18%
Eden Senior Care LLC IL$8.1M · 0.70%
T.A.S.C. Inc. IL$8.1M · 0.89%
Service, Inc. of Illinois IL$8.0M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 370681548 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.