Plan Ledger DOL Form 5500 · updated monthly

Riverhead Building Supply Corp.401(k)

RIVERHEAD BUILDING SUPPLY CORP. 401(K) SAVINGS PLAN · CALVERTON, NY · plan year 2024

Reported admin expense ratio · 2024
0.38%

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

Riverhead Building Supply Corp. reported $279,641 in plan administrative expenses for 2024: 0.38% of average plan assets, higher than ~90% of peers. Employer contributions averaged $4,303 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 3 years on file its reported administrative ratio has held roughly steady near 0.38%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other wholesale trade employers. By assets it is the 946th-largest of 5,648 plans among New York employers on file, and the 514th of 4,246 in wholesale trade. In 2024, employees put in $1.52 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$80,268,483
Participants with balances709
Active participants599
Employer contributions$2,577,444
Employee contributions$3,920,077
Employer contribution per active participant$4,303
Average account balance$113,214
Benefits paid to participants$3,339,905
Plan auditUnmodified (clean) audit opinion
AuditorSHEEHAN & COMPANY CPA PC
Plan history3
Yearassets · accounts · employer contribution
2024$80.3M · 709 accts · $2.6M emplr
2023$68.7M · 665 accts · $2.3M emplr
2022$56.8M · 634 accts · $2.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$99,400
Investment management$162,741
Audit (IQPA)$17,500
Total administrative$279,641
The Riverhead Building Supply Corp. 401(k) match · 2024
Employer contribution per active participant$4,303
Median for plans this size$3,635
2024$4,303 per active participant
2023$3,944 per active participant
2022$3,662 per active participant

Riverhead Building Supply Corp.'s 2024 employer contribution ran above the $3,635 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 · 20244
UBS FINANCIAL SERVICES INC · Investment advisory (plan)$102,824
COMMONWEALTH EQUITY SERVICES LLC DB · Investment advisory (plan)$59,917
SHEEHAN COMPANY CPA PC · Accounting / audit$17,500

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$279,641 · 0.38%
2023$238,525 · 0.38%
2022$231,774 · 0.37%
All plans at this employer2
RIVERHEAD BUILDING SUPPLY CORP 401(K) PLAN FOR UNION EMPLOYEES401(k)
RIVERHEAD BUILDING SUPPLY CORP. 401(K) SAVINGS PLAN401(k)
Same employer
Similar plansWholesale Trade · New York
Krasdale Foods, Inc. NY$90.1M · 0.04%
Richline Group, Inc. NY$88.5M · 0.08%
Baillie Lumber Co., L.P. NY$78.8M · 0.11%
Parts Authority LLC NY$77.5M · 0.52%
P. Kaufmann, Inc. NY$76.1M · 0.27%
Remy Cointreau USA Inc. NY$73.8M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 112238519 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.