Plan Ledger DOL Form 5500 · updated monthly

Riverside Contracting, Inc.Money purchase plan

MONTANA CONTRACTORS ASSOC, INC. MONEY PURCHASE RETIREMENT PLAN & TRUST · MISSOULA, MT · plan year 2024

Reported admin expense ratio · 2024
1.18%

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

Riverside Contracting, Inc. reported $238,787 in plan administrative expenses for 2024: 1.18% of average plan assets, higher than ~90% of peers. Employer contributions averaged $4,904 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 rose from 1.09% to 1.18%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 66th-largest of 229 plans among Montana employers on file, and the 1,923rd of 5,337 in construction.

Plan summary
Net assets, end of year$21,467,118
Participants with balances415
Active participants234
Employer contributions$1,147,491
Employee contributions—
Employer contribution per active participant$4,904
Average account balance$51,728
Benefits paid to participants$954,316
Plan auditUnmodified (clean) audit opinion
AuditorEIDE BAILLY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$21.5M · 415 accts · $1.1M emplr
2023$19.0M · 440 accts · $1.2M emplr
2022$15.7M · 399 accts · $904K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,099
Investment management$105,296
Audit (IQPA)$5,162
Total administrative$238,787
Employer contributions to the Riverside Contracting, Inc. plan · 2024
Employer contribution per active participant$4,904
Median for plans this size$2,416
2024$4,904 per active participant
2023$4,435 per active participant
2022$3,984 per active participant

Riverside Contracting, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20248
ADMN COMMITTEE, MT CONTRACTORS ASSN · Plan administrator · Recordkeeping$81,582
BUCKLEY MAXWELL DIXON DOLEZAL PC · Legal$40,036
CULLEN CAPITAL MANAGEMENT LLC · Investment management$31,805
LOOMIS, SAYLES & COMPANY, L.P. · Investment management$28,107
MERRILL LYNCH, PIERCE, FENNER & SMI · Investment advisory (plan)$24,439
SEGALL BRYANT & HAMILL, LLC · Investment management$15,160
EIDE BAILLY LLP · Accounting / audit$8,261
DELAWARE CHARTER GUARANTEE & TRUST · Custodial (securities)$5,847

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

Recordkeeper by year2
2024ADMN COMMITTEE, MT CONTRACTORS ASSN
2023ADMN COMMITTEE, MT CONTRACTORS ASSN

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

Administrative cost history3
2024$238,787 · 1.18%
2023$239,779 · 1.38%
2022$191,768 · 1.09%
All plans at this employer2
MONTANA CONTRACTORS ASSOC, INC. MONEY PURCHASE RETIREMENT PLAN & TRUSTMoney purchase plan
MONTANA CONTRACTORS ASSOC, INC. 401(K) RETIREMENT PLAN & TRUST401(k)
Similar plansConstruction · Montana
Barnard Construction Company, Inc. MT$127.1M · 0.01%
Sletten, Inc. MT$86.7M · 0.03%
Oftedal Construction, Inc. MT$43.1M
Dick Anderson Construction, Inc. MT$42.5M · 0.43%
Central Plumbing and Heating Co Inc MT$21.3M · 0.55%
Jackson Contractor Group, Inc. MT$21.2M · 1.37%
On Site Management, Inc. MT$20.9M · 0.42%
Century Companies, Inc. MT$18.8M · 1.10%

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Fee benchmarks by plan size

Source: U.S. Department of Labor, Form 5500 series, EIN 810393633 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.