Plan Snapshot
- Plan Sponsor: Riverside Management Services, INC.
- Sponsor EIN: 521241840
- Sponsor Address: 12420 WARWICK BLVD., NEWPORT NEWS, VA, 236063001
- Plan Type: 403(b)
- Total Participants: 10,238
- Total Assets: $463.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 10,238 | $463.2M | $451,975 | $44.7M |
| 2023 | 9,883 | $391.7M | $581,178 | $40.6M |
| 2022 | 9,363 | $314.0M | $615,788 | $37.0M |
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 |
|---|---|---|---|---|
| PBMARES, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PBMARES, LLP — Auditor
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 | $616,760 | — | $616,654 | — | — |
| 2023 | $510,453 | — | $510,344 | — | — |
| 2022 | $587,776 | — | $587,745 | — | — |