Plan Snapshot
- Plan Sponsor: Riverview Bancorp INC.
- Sponsor EIN: 911838969
- Sponsor Address: 17205 SE MILL PLAIN BLVD., VANCOUVER, WA, 98683
- Plan Type: 401(k)
- Total Participants: 230
- Total Assets: $27.2M
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 | 230 | $27.2M | $559,917 | $1.1M |
| 2023 | 227 | $25.8M | $504,534 | $1.1M |
| 2022 | 237 | $22.5M | $519,358 | $1.1M |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | RECORDKEEPER | $41,830 | — | $41,830 |
| PENTEGRA SERVICES, INC. | CONTRACT ADMIN | $37,531 | — | $37,531 |
| MORGAN STANLEY | INVESTMENT MANAGER | $18,511 | — | $18,511 |
| WORTHY & COMPANY, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY — INVESTMENT MANAGER
- WORTHY & COMPANY, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $97,872
- Estimated Expense Ratio: 0.360% of plan assets
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 | $99,167 | $18,511 | $37,531 | — | — |
| 2023 | $77,390 | — | — | — | — |
| 2022 | $107,299 | $6,114 | $6,054 | — | $95,131 |