Plan Ledger DOL Form 5500 · updated monthly

The Riester Corporation401(k)

THE RIESTER CORPORATION 401(K) PROFIT SHARING PLAN · PHOENIX, AZ · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

The Riester Corporation reported $24,802 in plan administrative expenses for 2024: 0.23% of average plan assets, below the peer median. Employer contributions averaged $2,103 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 0.05% to 0.23%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 532nd-largest of 1,285 plans among Arizona employers on file, and 7,475th of 11,654 in professional & technical services. In 2024, employees put in $5.50 for every $1.00 the employer contributed; active participation has shrunk from 81 to 57 since 2022.

Plan summary
Net assets, end of year$11,705,606
Participants with balances127
Active participants57
Employer contributions$119,872
Employee contributions$659,444
Employer contribution per active participant$2,103
Average account balance$92,170
Benefits paid to participants$419,767
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$11.7M · 127 accts · $120K emplr
2023$9.8M · 159 accts · $195K emplr
2022$9.1M · 165 accts · $213K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,802
Total administrative$24,802
The The Riester Corporation 401(k) match · 2024
Employer contribution per active participant$2,103
Median for plans this size$2,416
2024$2,103 per active participant
2023$2,629 per active participant
2022$2,629 per active participant

The Riester Corporation's 2024 employer contribution ran below 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 · 20241
NOVA 401K ASSOCIATES · Other servicesindirect 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$24,802 · 0.23%
2023$14,979 · 0.16%
2022$4,976 · 0.05%
Similar plansProfessional & Technical Services · Arizona
Statistical Research, Inc. AZ$12.3M · 0.02%
Ev Group Incorporated AZ$12.1M · 0.48%
Intra Edge, Inc. AZ$11.7M · 0.73%
Act LLC AZ$11.0M · 0.66%
Integratecom Inc AZ$10.8M · 0.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 860662591 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.