Plan Ledger DOL Form 5500 · updated monthly

Riverside Refreshments, Inc.401(k)

RIVERSIDE REFRESHMENTS, INC. 401(K) PLAN · AUGUSTA, GA · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Riverside Refreshments, Inc. reported $2,412 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,747 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 wholesale trade employers. By assets it is among the smaller plans on file in Georgia (1,197th of 2,160), and 2,810th of 4,246 in wholesale trade. In 2024, employees put in $1.96 for every $1.00 the employer contributed; active participation has grown from 101 to 131 since 2022.

Plan summary
Net assets, end of year$10,799,951
Participants with balances114
Active participants131
Employer contributions$228,796
Employee contributions$449,141
Employer contribution per active participant$1,747
Average account balance$94,736
Benefits paid to participants$495,948
Plan auditUnmodified (clean) audit opinion
AuditorSEROTTA MADDOX EVANS CPA
Plan history3
Yearassets · accounts · employer contribution
2024$10.8M · 114 accts · $229K emplr
2023$8.5M · 107 accts · $221K emplr
2022$6.9M · 101 accts · $198K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,100
Investment management$312
Total administrative$2,412
The Riverside Refreshments, Inc. 401(k) match · 2024
Employer contribution per active participant$1,747
Median for plans this size$1,313
2024$1,747 per active participant
2023$1,969 per active participant
2022$1,958 per active participant

Riverside Refreshments, Inc.'s 2024 employer contribution ran above 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 · 20242
EMPOWER ADVISORY GROUP, LLC · Investment management$312

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$2,412 · 0.02%
2023$1,088 · 0.01%
2022$892 · 0.01%
Same employer
Similar plansWholesale Trade · Georgia
Peterbilt of Atlanta, LLC GA$12.1M · 0.12%
Whitaker Oil Company GA$11.3M · 0.03%
Heely-Brown Company, Inc. GA$11.0M · 0.35%
Mimaki USA, Inc. GA$10.5M · 0.17%
Surya Carpet, Inc. GA$10.4M · 0.19%
Freedom Electronics LLC GA$10.4M · 0.06%
Gravotech, Inc. GA$10.2M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 580915335 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.