Plan Ledger DOL Form 5500 · updated monthly

Riverwild, LLC401(k)

RIVERWILD 401(K) PLAN · CLAYTON, NC · plan year 2023

Reported admin expense ratio · 2023
1.33%

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

Riverwild, LLC reported $38,129 in plan administrative expenses for 2023: 1.33% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,860 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 has held roughly steady near 1.33%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in North Carolina (1,642nd of 2,005), and 4,485th of 5,337 in construction. In 2023, employees put in $1.56 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,149,728
Participants with balances98
Active participants125
Employer contributions$232,541
Employee contributions$361,901
Employer contribution per active participant$1,860
Average account balance$32,140
Benefits paid to participants$489,799
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$3.1M · 98 accts · $233K emplr
2022$2.6M · 104 accts · $250K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$38,129
Total administrative$38,129
The Riverwild, LLC 401(k) match · 2023
Employer contribution per active participant$1,860
Median for plans this size$1,308
2023$1,860 per active participant
2022$1,878 per active participant

Riverwild, LLC's 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
JOHN HANCOCK LIFE INSURANCE CO · Recordkeeping · Investment management$950

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$38,129 · 1.33%
2022$35,665 · 1.37%
Same employer
Similar plansConstruction · North Carolina
Ths National, LLC NC$3.1M · 1.06%
Beco, Inc. NC$3.0M · 1.11%
Marand Builders, Inc. NC$2.9M · 0.83%

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Source: U.S. Department of Labor, Form 5500 series, EIN 812714045 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.