Plan Ledger DOL Form 5500 · updated monthly

Riverbend Industries Inc.401(k)

RIVERBEND INDUSTRIES INC. EMPLOYEES 401(K) RETIREMENT PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.42%

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

Riverbend Industries Inc. reported $184,621 in plan administrative expenses for 2024: 0.42% of average plan assets, above the peer median. Employer contributions averaged $3,612 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 0.28% to 0.42%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 994th-largest of 3,702 plans among Illinois employers on file, and the 3,405th of 13,661 in manufacturing. In 2024, employees put in $1.80 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$44,802,838
Participants with balances845
Active participants463
Employer contributions$1,672,323
Employee contributions$3,003,689
Employer contribution per active participant$3,612
Average account balance$53,021
Benefits paid to participants$7,526,949
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$44.8M · 845 accts · $1.7M emplr
2023$42.2M · 668 accts · $1.7M emplr
2022$41.1M · 675 accts · $1.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$87,863
Investment management$96,758
Total administrative$184,621
The Riverbend Industries Inc. 401(k) match · 2024
Employer contribution per active participant$3,612
Median for plans this size$2,416
2024$3,612 per active participant
2023$3,550 per active participant
2022$3,519 per active participant

Riverbend Industries 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
JOHN HANCOCK RETIREMENT PLAN SERVIC · Recordkeeping · Loan processing$145,517
WELLTH ADVISORY SERVICES LLC · Accounting / audit$19,986
GLOBAL RETIREMENT PARTNERS, LLC · Investment advisory (plan)$19,119

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$184,621 · 0.42%
2023$155,115 · 0.37%
2022$127,618 · 0.28%
Same employer
Similar plansManufacturing · Illinois
Thybar Corporation IL$46.4M · 0.01%
Martin Engineering Company IL$45.5M · 0.22%
Tuthill Corporation IL$45.4M · 0.00%
Cope Plastics, Inc. IL$45.0M · 0.44%
Watchfire Signs LLC IL$44.3M · 0.08%
A. Finkl & Sons Co. IL$44.0M · 0.24%
Terlato Wine Group, LTD. IL$43.8M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362274391 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.