Plan Ledger DOL Form 5500 · updated monthly

Riverton Motor Company dba Riverton Chevrolet401(k)

RIVERTON MOTOR COMPANY 401(K) PROFIT SHARING PLAN · SOUTH JORDAN, UT · plan year 2024

Reported admin expense ratio · 2024
0.59%

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

Riverton Motor Company dba Riverton Chevrolet reported $58,987 in plan administrative expenses for 2024: 0.59% of average plan assets, above the peer median. Employer contributions averaged $1,987 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 0.54% to 0.59%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Utah (440th of 848), and the 2,482nd of 5,215 in retail trade. In 2024, employees put in $4.44 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,815,521
Participants with balances135
Active participants111
Employer contributions$220,543
Employee contributions$979,040
Employer contribution per active participant$1,987
Average account balance$80,115
Benefits paid to participants$587,847
Plan auditDisclaimer of opinion
AuditorK&C CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$10.8M · 135 accts · $221K emplr
2023$9.1M · 148 accts · $228K emplr
2022$7.2M · 134 accts · $222K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$58,987
Total administrative$58,987
The Riverton Motor Company dba Riverton Chevrolet 401(k) match · 2024
Employer contribution per active participant$1,987
Median for plans this size$1,313
2024$1,987 per active participant
2023$1,947 per active participant
2022$2,115 per active participant

Riverton Motor Company dba Riverton Chevrolet'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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$58,987
EDWARD JONES · Investment advisory (plan)indirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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$58,987 · 0.59%
2023$44,941 · 0.55%
2022$40,315 · 0.54%
Same employer
Similar plansRetail Trade · Utah
Younique, LLC UT$15.3M · 0.53%
Wittwer, Inc. UT$13.3M · 0.79%
Audio Enhancement, Inc. UT$12.5M · 0.52%
Lee's Marketplace UT$12.1M · 0.56%
Siskin Enterprises, Inc. UT$10.5M · 0.42%
Tim Dahle Imports Inc. UT$9.7M · 0.48%
Pw Companies, LLC UT$9.4M · 0.94%

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Source: U.S. Department of Labor, Form 5500 series, EIN 870169940 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.