Plan Ledger DOL Form 5500 · updated monthly

White River Bancshares Company401(k)

WHITE RIVER BANCSHARES COMPANY 401(K) PLAN · FAYETTEVILLE, AR · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

White River Bancshares Company reported $24,013 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $3,415 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 0.10% to 0.13%. 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 146th-largest of 456 plans among Arkansas employers on file, and 3,018th of 4,798 in finance & insurance. In 2024, employees put in $1.61 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$20,408,509
Participants with balances226
Active participants200
Employer contributions$682,937
Employee contributions$1,101,990
Employer contribution per active participant$3,415
Average account balance$90,303
Benefits paid to participants$1,777,523
Plan auditUnmodified (clean) audit opinion
AuditorERWIN & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$20.4M · 226 accts · $683K emplr
2023$17.5M · 218 accts · $636K emplr
2022$14.3M · 202 accts · $525K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,450
Investment management$16,663
Total administrative$24,013
The White River Bancshares Company 401(k) match · 2024
Employer contribution per active participant$3,415
Median for plans this size$2,416
2024$3,415 per active participant
2023$3,162 per active participant
2022$2,794 per active participant

White River Bancshares Company'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 · 20244
VOYA RETIREMENT ADVISORS, LLC · Investment advisory (participants)$16,535
DEFINITI, LLC · Other services$3,750
VOYA RETIREMENT INSURANCE & ANNUITY · Investment advisory (plan)indirect comp
MORNINGSTAR · Investment advisory (plan)indirect 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$24,013 · 0.13%
2023$16,790 · 0.11%
2022$14,793 · 0.10%
Similar plansFinance & Insurance · Arkansas
First Community Bank AR$27.1M · 1.09%
First Arkansas Bank & Trust AR$23.0M · 0.57%
Relyance Bank AR$20.1M · 0.35%
Chambers Bancshares, Inc. AR$19.8M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 201209354 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.