Riveron Consulting, LLC 401(k) Review & Grade
Riveron Consulting LLC 401k Plan
Dallas, TXUtilities738 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$5,805Employer $ per active participant
$14,894Employee $ saved per active participant
0.06%Direct admin cost, % of plan assets
$121.9MNet plan assets, end of year
$119,003Average balance per account
Score breakdown
- Employer generosity22.3 / 5045th percentile for employer $ per participant
- Low cost20.9 / 2583th percentile for low admin cost vs. same-size plans
- Employee saving12.4 / 1582th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score56 / 100 · Grade C
This plan vs. peers
Peers: Utilities plans with 500–2,499 active participants (75 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 45th |
| Lower admin cost | 83th |
| Employee saving | 82th |
| Peers that auto-enroll | 76% |
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Red flags from the filing
Corrective distributions: the plan refunded $1,697 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Riveron Consulting put in about $5,805 per active participant, below the typical peer ($6,264). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $4,286,680 |
| Participant (employee) contributions | $10,999,025 |
| Other contributions (incl. rollovers in) | $3,671,547 |
| Administrative expenses paid from the plan | $70,278 |
| Investment advisory & management fees | $36,000 |
| Benefits paid out | $13,464,065 |
| Net assets, start / end of year | $99.9M / $121.9M |
| Active participants, start / end of year | 694 / 783 |
| Participants with account balances | 1,024 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Plante Moran |
Largest service providers (Schedule C)
| Kestra Investment Services LLC | $36,000 reported compensation |
| Fidelity Investments Institutional | $34,278 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251008133207NAL0005916641001, received 2025-10-08, EIN 47-3456677, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.