Retirement plan

RIV 512 ADMINISTRATIVE SERVICES, INC., EMPLOYEES STOCK OWNERSHIP PLAN

Name: RIV512 ADMINISTRATIVE SERVICES, INC. - RIV 512 ADMINISTRATIVE SERVICES, INC., EMPLOYEES STOCK OWNERSHIP PLAN (2024) Form 5500
Creator: RIV512 ADMINISTRATIVE SERVICES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, RIV 512 ADMINISTRATIVE SERVICES, INC., EMPLOYEES STOCK OWNERSHIP PLAN, RIV512 ADMINISTRATIVE SERVICES, INC.

RIV512 ADMINISTRATIVE SERVICES, INC.EIN 84-4005894Plan #002PY 2024

1434 KELLY JOHNSON BLVD - COLORADO SPRINGS, CO 80920719-941-3631

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$75K

-72.8% from 2023

Total participants

-90.6% from 2023

Average account balance

$25,153

+190.6% from 2023

Annual return

-23.67%

-21.45 pp from 2023

Benchmarks

See 19,366 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants<25

Cohort19,366 peers

Snapshot2024

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$75K

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$25K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$165K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$55K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

-23.67%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$138656

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

0 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2P2Q

Plan features

2E
Profit-sharing
Profit-sharing plan.
2P
Leveraged ESOP
Employee stock ownership plan that acquires employer securities with borrowed money or other debt-financing techniques.
2Q
ESOP maintained by an S corporation
The employer maintaining this ESOP is an S corporation.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$416K

$138656 / participant

Other / not subdivided$416K100.0%

% of EOY assets

551.242%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$25,153

$100,203-74.9%

$85,240-70.5%

$145,897-82.8%

Participation rate

100.0%

74.1%+25.9pp

67.5%+32.5pp

80.3%+19.7pp

Annual return

-23.67%

84.28%-108.0pp

66.75%-90.4pp

552.29%-576.0pp

Employer contribution / active EE

$54,869

$3,242+1592.6%

$2,735+1906.0%

$4,663+1076.8%

Participant deferral / active EE

$5,299-100.0%

$4,527-100.0%

$6,689-100.0%

Admin fee / account holder

$138,656

$7,265+1808.5%

$6,165+2149.2%

$13,390+935.5%

RIV 512 ADMINISTRATIVE SERVICES, INC., EMPLOYEES STOCK OWNERSHIP PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

RIV 512 ADMINISTRATIVE SERVICES, INC., EMPLOYEES STOCK OWNERSHIP PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion