Riverside Health System Retirement Income Plan — Form 5500 plan (Riverside Managment Services, Inc)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Riverside Health System Retirement Income Plan is a benefit plan reported by Riverside Managment Services, Inc under EIN 52-1241840 and plan number 001. The latest loaded filing year is 2023. The filing reports 7,780 participants and $567,499,944 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Riverside Managment Services, Inc
EIN
52-1241840
Plan number
001
Plan type
2
Location
Newport News, VA
Latest filing year
2023
Participants
7,780
End-of-year plan assets
$567,499,944

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20237,780H, C20241010141510NAL0020284369001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$567,499,944
Total liabilities (EOY)
$0
Net assets (EOY)
$567,499,944
Net assets (BOY)
$525,497,255

Income & contributions

Employer contributions
$14,561,250
Total contributions
$14,561,250
Total income / additions
$77,529,210

Expenses & distributions

Benefits paid
$29,677,958
Administrative expenses
$5,848,563
Total expenses
$35,526,521
Net increase / (decrease)
$42,002,689

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Mercer Investments LLCCONTRACT ADMINSTRATOR$947,642$1,036,3722023
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$133,859$02023

Related Form 5500 pages