Plan Ledger DOL Form 5500 · updated monthly

Riverside Mfg., LLC401(k)

RIVERSIDE MFG., LLC 401(K) PLAN · FORT WAYNE, IN · plan year 2024

Reported admin expense ratio · 2024
0.50%

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

Riverside Mfg., LLC reported $53,622 in plan administrative expenses for 2024: 0.50% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,021 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 0.41% to 0.50%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Indiana (852nd of 1,562), and 8,363rd of 13,661 in manufacturing. In 2024, employees put in $2.02 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,997,766
Participants with balances211
Active participants138
Employer contributions$278,966
Employee contributions$563,269
Employer contribution per active participant$2,021
Average account balance$52,122
Benefits paid to participants$1,581,394
Plan auditUnmodified (clean) audit opinion
AuditorBADEN, GAGE & SCHROEDER
Plan history3
Yearassets · accounts · employer contribution
2024$11.0M · 211 accts · $279K emplr
2023$10.6M · 238 accts · $316K emplr
2022$9.2M · 237 accts · $273K emplr
The Riverside Mfg., LLC 401(k) match · 2024
Employer contribution per active participant$2,021
Median for plans this size$2,416
2024$2,021 per active participant
2023$2,025 per active participant
2022$1,832 per active participant

Riverside Mfg., LLC's 2024 employer contribution ran below 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 · 20243
TRANSAMERICA FINANCIAL LIFE INSURAN · Recordkeeping · Loan processing$26,115
CREATIVE RETIREMENT SYSTEMS, INC. · Recordkeeping · Loan processing$3,375
MERRILL LYNCH LIFE AGENCY, INC. · Investment advisory (plan)$24,132

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

Recordkeeper by year2
2024CREATIVE RETIREMENT SYSTEMS, INC., Transamerica
2023CREATIVE RETIREMENT SYSTEMS, INC., Transamerica

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

Administrative cost history3
2024$53,622 · 0.50%
2023$44,886 · 0.45%
2022$39,234 · 0.41%
Same employer
Similar plansManufacturing · Indiana
George E. Booth Co., LLC IN$11.3M · 0.50%
C & M Conveyor, Inc. IN$11.2M · 0.88%
Pia Automation US Inc IN$11.0M · 0.16%
Certor Sports, LLC IN$11.0M · 0.05%
Green Leaf, Inc. IN$11.0M · 0.39%
Ogre Holdings, LLC IN$10.9M · 0.48%
Deflecto, LLC IN$10.8M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 260332652 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.