Plan Ledger DOL Form 5500 · updated monthly

Rivers Portsmouth Gaming, LLC401(k)

RIVERS CASINO PORTSMOUTH 401(K) PLAN · PORTSMOUTH, VA · plan year 2024

Reported admin expense ratio · 2024
0.52%

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

Rivers Portsmouth Gaming, LLC reported $20,048 in plan administrative expenses for 2024: 0.52% of average plan assets, below the peer median. Employer contributions averaged $1,157 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 0.18% to 0.52%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is among the smaller plans on file in Virginia (1,805th of 2,266), and 913th of 1,311 in arts, entertainment & recreation. In 2024, employees put in $1.54 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,283,907
Participants with balances904
Active participants1,133
Employer contributions$1,310,424
Employee contributions$2,018,864
Employer contribution per active participant$1,157
Average account balance$5,845
Benefits paid to participants$1,002,358
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$5.3M · 904 accts · $1.3M emplr
2023$2.4M · 764 accts · $552K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,048
Total administrative$20,048
The Rivers Portsmouth Gaming, LLC 401(k) match · 2024
Employer contribution per active participant$1,157
Median for plans this size$1,313
2024$1,157 per active participant
2023$511 per active participant

Rivers Portsmouth Gaming, 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$20,048

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

Administrative cost history2
2024$20,048 · 0.52%
2023$2,500 · 0.18%
Same employer
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Chrysler Museum Inc. VA$8.1M · 0.01%
Ticket Evolution, Inc. VA$6.5M · 0.72%
The Montpelier Foundation VA$5.8M · 0.01%
Belle Haven Country Club VA$4.0M · 0.82%
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Source: U.S. Department of Labor, Form 5500 series, EIN 844976743 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.