Plan Ledger DOL Form 5500 · updated monthly

Riverview Investment Holdings LLC401(k)

RIVERVIEW INVESTMENT HOLDINGS LLC PLAN · STAMFORD, CT · plan year 2023

Reported admin expense ratio · 2023
0.01%

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

Riverview Investment Holdings LLC reported $3,319 in plan administrative expenses for 2023: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $14,335 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 1 year on file its reported administrative ratio fell from 0.014% to 0.012%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other utilities employers. By assets it is the 435th-largest of 1,106 plans among Connecticut employers on file, and 229th of 412 in utilities. In 2023, employees put in $1.11 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$29,427,886
Participants with balances94
Active participants60
Employer contributions$860,114
Employee contributions$957,661
Employer contribution per active participant$14,335
Average account balance$313,063
Benefits paid to participants$3,577,680
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$29.4M · 94 accts · $860K emplr
2022$26.3M · 101 accts · $1.2M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$3,319
Total administrative$3,319
The Riverview Investment Holdings LLC 401(k) match · 2023
Employer contribution per active participant$14,335
Median for plans this size$2,440
2023$14,335 per active participant
2022$19,372 per active participant

Riverview Investment Holdings LLC's 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$3,319

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

Administrative cost history2
2023$3,319 · 0.01%
2022$4,151 · 0.01%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 823221106 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.