Riverside Health System 403(B) Retirement Plan — Form 5500 plan (Riverside Management 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 403(B) Retirement Plan is a benefit plan reported by Riverside Management Services, Inc. under EIN 52-1241840 and plan number 004. The latest loaded filing year is 2023. The filing reports 11,996 participants and $391,712,404 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$391.7MPlan net assets, end of year$391,712,404
Participants12KCovered participants reported11,996
Assets / participant$32.7KComputed: assets ÷ participants$32,654 (computed)
Provider compensation$508.8K1 Schedule C provider row(s)$508,752
- Plan sponsor
- Riverside Management Services, Inc.
- EIN
- 52-1241840
- Plan number
- 004
- Plan type
- 2
- Location
- Newport News, VA
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 11,996 | H, C | 20241010140917NAL0034342960001 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$391.7M total assets
Net assets$391.7MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $391,712,404
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $391,712,404
- Net assets (BOY)
- $313,978,231
Income & contributions
- Employer contributions
- $581,178
- Participant contributions
- $40,562,840
- Total contributions
- $46,208,714
- Total income / additions
- $103,240,341
Expenses & distributions
- Benefits paid
- $24,993,106
- Administrative expenses
- $510,453
- Total expenses
- $25,506,168
- Net increase / (decrease)
- $77,734,173
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
99%
Employer 1%Participant 99%
Total expenses ÷ net assets7%Computed ratio
Benefits paid ÷ total income24%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $508,752 | $0 | 2023 |