Plan Snapshot
- Plan Sponsor: Riva Solutions, INC.
- Sponsor EIN: 271511336
- Sponsor Address: 1676 INTERNATIONAL DR. SUITE 520, MCLEAN, VA, 22102
- Plan Type: 401(k)
- Total Participants: 277
- Total Assets: $13.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 277 | $13.7M | $793,340 | $1.9M |
| 2023 | 357 | $11.2M | $764,768 | $1.7M |
| 2022 | 524 | $8.0M | $735,880 | $1.6M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| REGAN, SCHICKNER, & HARPER LLC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $73,874 | $36,822 | $37,052 | — | — |
| 2023 | $45,240 | $6,250 | $38,990 | — | — |
| 2022 | $52,864 | $14,074 | $38,790 | — | — |