Plan Ledger DOL Form 5500 · updated monthly

Riverdale Mills Corporation401(k)

RIVERDALE MILLS CORPORATION 401(K) PROFIT SHARING PLAN · NORTHBRIDGE, MA · plan year 2024

Reported admin expense ratio · 2024
0.44%

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

Riverdale Mills Corporation reported $20,998 in plan administrative expenses for 2024: 0.44% of average plan assets, below the peer median. Employer contributions averaged $460 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 0.48% to 0.44%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Massachusetts (2,306th of 2,726), and 11,195th of 13,661 in manufacturing. In 2024, employees put in $8.03 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,015,547
Participants with balances123
Active participants119
Employer contributions$54,693
Employee contributions$439,058
Employer contribution per active participant$460
Average account balance$40,777
Benefits paid to participants$418,998
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.0M · 123 accts · $55K emplr
2023$4.4M · 134 accts · $193K emplr
2022$3.7M · 144 accts · $151K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,494
Investment management$10,504
Total administrative$20,998
The Riverdale Mills Corporation 401(k) match · 2024
Employer contribution per active participant$460
Median for plans this size$1,313
2024$460 per active participant
2023$1,913 per active participant
2022$1,245 per active participant

Riverdale Mills Corporation's 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$10,494
LION STREET ADVISORS LLC · Investment advisory (plan)$10,000

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$20,998 · 0.44%
2023$18,561 · 0.46%
2022$19,453 · 0.48%
Similar plansManufacturing · Massachusetts
Scipher Medicine MA$5.4M · 0.15%
Donovan Services, Inc. MA$5.2M · 0.32%
McNairn Packaging, Inc. MA$5.2M · 0.62%
Nasoya Foods USA, LLC MA$4.6M · 0.64%
Brady Enterprises, Inc. MA$4.4M · 0.04%
Aved Electronics, LLC MA$4.3M · 1.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042735108 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.