Plan Ledger DOL Form 5500 · updated monthly

Riviera Finance, LLC401(k)

RIVIERA FINANCE, LLC 401(K) PLAN · REDONDO BEACH, CA · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Riviera Finance, LLC reported $25,638 in plan administrative expenses for 2024: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,871 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 3 years on file its reported administrative ratio has held roughly steady near 0.090%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 2,671st-largest of 9,483 plans among California employers on file, and 2,415th of 4,798 in finance & insurance. In 2024, employees put in $2.53 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$30,096,650
Participants with balances106
Active participants122
Employer contributions$350,208
Employee contributions$887,295
Employer contribution per active participant$2,871
Average account balance$283,931
Benefits paid to participants$1,267,885
Plan auditUnmodified (clean) audit opinion
AuditorCHARLES MCDONOUGH ACCOUNTANCY CORP
Plan history3
Yearassets · accounts · employer contribution
2024$30.1M · 106 accts · $350K emplr
2023$27.2M · 111 accts · $351K emplr
2022$23.2M · 129 accts · $341K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,210
Investment management$20,940
Total administrative$25,638
The Riviera Finance, LLC 401(k) match · 2024
Employer contribution per active participant$2,871
Median for plans this size$2,416
2024$2,871 per active participant
2023$2,636 per active participant
2022$2,820 per active participant

Riviera Finance, LLC's 2024 employer contribution ran above the $2,416 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
TRANSAMERICA FINANCIAL LIFE INSURAN · Recordkeeping · Loan processing$4,210
CHARLES MCDONOUGH ACCOUNTANCY CORP · Accounting / audit$20,940

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$25,638 · 0.09%
2023$25,390 · 0.10%
2022$22,116 · 0.09%
Same employer
Similar plansFinance & Insurance · California
Luther Burbank Corporation CA$32.3M · 0.35%
Plumas Bank CA$31.2M · 0.23%
United Business Bank CA$30.5M · 0.49%
Bank of the Orient CA$30.0M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 954572313 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.