Plan Ledger DOL Form 5500 · updated monthly

Rivergate Kw Management LLC401(k)

RIVERGATE KW MANAGEMENT 401K · MIAMI, FL · plan year 2024

Reported admin expense ratio · 2024
0.72%

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

Rivergate Kw Management LLC reported $30,127 in plan administrative expenses for 2024: 0.72% of average plan assets, above the peer median. Employer contributions averaged $975 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 1.60% to 0.72%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Florida (2,501st of 3,644), and 1,524th of 2,096 in real estate & leasing. In 2024, employees put in $1.61 for every $1.00 the employer contributed; active participation has grown from 266 to 447 since 2022.

Plan summary
Net assets, end of year$4,921,875
Participants with balances564
Active participants447
Employer contributions$435,704
Employee contributions$700,306
Employer contribution per active participant$975
Average account balance$8,727
Benefits paid to participants$897,977
Plan auditUnmodified (clean) audit opinion
AuditorPAAST P.L.
Plan history3
Yearassets · accounts · employer contribution
2024$4.9M · 564 accts · $436K emplr
2023$3.4M · 408 accts · $382K emplr
2022$2.6M · 250 accts · $280K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,214
Investment management$10,913
Total administrative$30,127
The Rivergate Kw Management LLC 401(k) match · 2024
Employer contribution per active participant$975
Median for plans this size$1,313
2024$975 per active participant
2023$799 per active participant
2022$1,052 per active participant

Rivergate Kw Management LLC's 2024 employer contribution ran below the $1,313 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$19,214
NEWFRONT RETIREMENT SERVICES INC · Investment advisory (plan)$10,913

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$30,127 · 0.72%
2023$28,755 · 0.96%
2022$42,069 · 1.60%
Same employer
Similar plansReal Estate & Leasing · Florida
Chhj Franchising L.L.C. FL$5.1M · 1.86%
Advenir Living, LLC FL$5.0M · 1.69%
Leland Management, Inc. FL$4.8M · 0.93%
Regional One, Inc. FL$4.6M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 471241858 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.