Plan Ledger DOL Form 5500 · updated monthly

Rivercap Holdings, LLC401(k)

RIVERCAP HOLDINGS, LLC 401(K) PROFIT SHARING PLAN AND TRUST · ROCKY RIVER, OH · plan year 2022

Reported admin expense ratio · 2022
2.17%

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

Rivercap Holdings, LLC reported $39,337 in plan administrative expenses for 2022: 2.17% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,748 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 1 year on file its reported administrative ratio rose from 2.17% to 4.52%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Ohio (3,077th of 3,295), and 4,085th of 4,246 in wholesale trade. In 2022, employees put in $2.55 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,575,349
Participants with balances226
Active participants24
Employer contributions$65,945
Employee contributions$168,250
Employer contribution per active participant$2,748
Average account balance$6,971
Benefits paid to participants$398,667
Plan auditUnmodified (clean) audit opinion
AuditorHOBE & LUCAS, CPAS
Plan history2
Yearassets · accounts · employer contribution
2023$1.1M · 48 accts
2022$1.6M · 226 accts · $66K emplr
Administrative expenses, itemized · 2022
Professional / advisory$39,337
Total administrative$39,337
The Rivercap Holdings, LLC 401(k) match · 2022
Employer contribution per active participant$2,748
Median for plans this size$1,114

Rivercap Holdings, LLC's 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023$61,124 · 4.52%
2022$39,337 · 2.17%
Similar plansWholesale Trade · Ohio
Hpj Industries Inc. OH$2.5M · 1.02%
K & K Interiors, Inc. OH$2.4M · 0.46%
C & E Sales, Inc. OH$124K · 6.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 471706405 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.