Riverwood Bank401(k)
RIVERWOOD BANK RETIREMENT PLAN · BEMIDJI, MN · plan year 2024
Riverwood Bank reported $25,081 in plan administrative expenses for 2024: 0.18% of average plan assets, below the peer median. 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 fell from 0.21% to 0.18%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other management of companies employers. By assets it is among the smaller plans on file in Minnesota (1,091st of 1,918), and 498th of 786 in management of companies. In 2024, employees put in $1.12 for every $1.00 the employer contributed.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 410145082 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.