Plan Ledger DOL Form 5500 · updated monthly

Riverside Construction Company IncESOP

RIVERSIDE CONSTRUCTION COMPANY, INC EMPLOYEE STOCK OWNERSHIP PLAN · RIVERSIDE, CA · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Riverside Construction Company Inc reported $24,063 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $14,706 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 0.07% to 0.04%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 1,462nd-largest of 9,483 plans among California employers on file, and the 888th of 5,337 in construction. active participation has grown from 91 to 102 since 2022.

Plan summary
Net assets, end of year$63,193,478
Participants with balances114
Active participants102
Employer contributions$1,500,000
Employee contributions—
Employer contribution per active participant$14,706
Average account balance$554,329
Benefits paid to participants$2,087,186
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$63.2M · 114 accts · $1.5M emplr
2023$44.1M · 118 accts · $1.2M emplr
2022$39.4M · 125 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Investment management$24,063
Total administrative$24,063
Employer contributions to the Riverside Construction Company Inc plan · 2024
Employer contribution per active participant$14,706
Median for plans this size$3,635
2024$14,706 per active participant
2023$13,483 per active participant
2022$13,736 per active participant

Riverside Construction Company Inc's 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top 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
AMBROSE ESOP ADVISORS, LLC · Recordkeeping$9,875
ROORDA, PIQUET & BESSEE, INC.$13,950

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

Recordkeeper by year2
2024AMBROSE ESOP ADVISORS, LLC
2023AMBROSE ESOP ADVISORS, LLC

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$24,063 · 0.04%
2023$26,249 · 0.06%
2022$25,607 · 0.07%
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Source: U.S. Department of Labor, Form 5500 series, EIN 952662331 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.