Plan Ledger DOL Form 5500 · updated monthly

Rivulis Irrigation, Inc.401(k)

RIVULIS IRRIGATION, INC. SAVINGS AND INVESTMENT PLAN · SAN DIEGO, CA · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Rivulis Irrigation, Inc. reported $16,139 in plan administrative expenses for 2024: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,501 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 0.02% to 0.08%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 3,607th-largest of 9,483 plans among California employers on file, and the 5,890th of 13,661 in manufacturing. In 2024, employees put in $1.94 for every $1.00 the employer contributed; active participation has shrunk from 188 to 144 since 2022.

Plan summary
Net assets, end of year$20,235,864
Participants with balances240
Active participants144
Employer contributions$504,095
Employee contributions$978,261
Employer contribution per active participant$3,501
Average account balance$84,316
Benefits paid to participants$4,917,909
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$20.2M · 240 accts · $504K emplr
2023$20.1M · 249 accts · $468K emplr
2022$18.4M · 259 accts · $499K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,767
Investment management$5,372
Total administrative$16,139
The Rivulis Irrigation, Inc. 401(k) match · 2024
Employer contribution per active participant$3,501
Median for plans this size$2,416
2024$3,501 per active participant
2023$3,207 per active participant
2022$2,653 per active participant

Rivulis Irrigation, Inc.'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 · 20243
EMPOWER ADVISORY GROUP, LLC · Investment management$5,372
CAMBRIDGE INVESTMENT RESEARCH INCindirect 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$16,139 · 0.08%
2023$14,232 · 0.07%
2022$4,200 · 0.02%
Same employer
Similar plansManufacturing · California
Jae Electronics, Inc. CA$20.5M · 0.44%
Enovix Corporation CA$20.2M · 0.63%
Wavestream Corporation CA$20.1M · 0.02%
Central Valley Meat Co. CA$20.0M · 0.97%
Igm Biosciences, Inc. CA$19.9M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 953216106 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.