Plan Ledger DOL Form 5500 · updated monthly

Riverside Assessments, LLC401(k)

RIVERSIDE RETIREMENT SAVINGS PLAN · ITASCA, IL · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Riverside Assessments, LLC reported $58,226 in plan administrative expenses for 2024: 0.20% of average plan assets, below the peer median. Employer contributions averaged $2,868 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 0.23% to 0.20%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other educational services employers. By assets it is the 1,304th-largest of 3,702 plans among Illinois employers on file, and the 1,279th of 3,091 in educational services. In 2024, employees put in $3.37 for every $1.00 the employer contributed; active participation has grown from 290 to 359 since 2022.

Plan summary
Net assets, end of year$30,465,336
Participants with balances467
Active participants359
Employer contributions$1,029,550
Employee contributions$3,469,373
Employer contribution per active participant$2,868
Average account balance$65,236
Benefits paid to participants$7,370,978
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI LLP
Plan history3
Yearassets · accounts · employer contribution
2024$30.5M · 467 accts · $1.0M emplr
2023$29.1M · 462 accts · $938K emplr
2022$23.8M · 370 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,726
Investment management$38,500
Total administrative$58,226
The Riverside Assessments, LLC 401(k) match · 2024
Employer contribution per active participant$2,868
Median for plans this size$2,416
2024$2,868 per active participant
2023$2,536 per active participant
2022$4,037 per active participant

Riverside Assessments, LLC's 2024 employer contribution ran above the $2,416 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
MMA SECURITIES · Investment advisory (plan)$38,500
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$28,509

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$58,226 · 0.20%
2023$54,145 · 0.20%
2022$60,270 · 0.23%
Same employer
Similar plansEducational Services · Illinois
Trinity Christian College IL$36.0M · 0.31%
Greenville University IL$31.7M · 0.27%
Adler University IL$31.3M · 0.30%
Keypath Education, LLC IL$30.6M · 0.37%
Lewis University IL$26.8M · 0.28%
American Nuclear Society IL$26.7M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 831794965 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.