Plan Ledger DOL Form 5500 · updated monthly

Riverside Industries, Inc.401(k)

403(B) THRIFT PLAN OF RIVERSIDE INDUSTRIES, INC. · EASTHAMPTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Riverside Industries, Inc. reported $1,821 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,271 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 0.01% to 0.02%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Massachusetts (2,044th of 2,726), and 1,857th of 3,341 in other services. In 2024, the employer put in $1.28 for every $1.00 employees contributed themselves; active participation has grown from 131 to 145 since 2022.

Plan summary
Net assets, end of year$8,088,779
Participants with balances135
Active participants145
Employer contributions$184,347
Employee contributions$143,678
Employer contribution per active participant$1,271
Average account balance$59,917
Benefits paid to participants$561,114
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.1M · 135 accts · $184K emplr
2023$7.5M · 172 accts · $177K emplr
2022$7.6M · 187 accts · $189K emplr
The Riverside Industries, Inc. 401(k) match · 2024
Employer contribution per active participant$1,271
Median for plans this size$1,313
2024$1,271 per active participant
2023$1,283 per active participant
2022$1,441 per active participant

Riverside Industries, Inc.'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
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$1,655

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

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

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

Administrative cost history3
2024$1,821 · 0.02%
2023$1,956 · 0.03%
2022$996 · 0.01%
Same employer
Similar plansOther Services · Massachusetts
Anton's Cleaners, Inc. MA$10.4M · 0.01%
Hopewell Inc. MA$9.7M · 0.05%
The Leavitt Corporation MA$7.6M · 0.01%
Cape Abilities, Inc. MA$7.3M · 0.01%
The Davis Companies, Inc. MA$7.2M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042438444 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.