401(k) · DOL Form 5500 · 2023

Riverwood Bank 401(k) Plan

Data updated 2026-08-25

$13M
Total assets Small plan by assets
101
Participants Small participant base
64th
Percentile by assets National rank
$128,015
Avg per participant Near avg balance/head
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Official DOL plan name: Riverwood Bank Retirement Plan · Sponsored by Riverwood Bank · Minnesota · Management of Enterprises

$13M in assets, 101 participants

Riverwood Bank's Riverwood Bank Retirement Plan reported $13M in total assets and 101 participants in its 2023 DOL Form 5500 filing, ranking in the 64th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #489 in Management of Enterprises (1,137 peers)

Coverage in Minnesota

Riverwood Bank Retirement Plan covers 101 participants in Minnesota, about 9% of the average Minnesota filer (state average ~1,126 per filing). Assets: $13M.

#489
in Management of Enterprises (1,137 peers)
+21.4%
assets growth YoY

Riverwood Bank Retirement Plan's mid-pack asset rank among Management of Enterprises and all filers

Riverwood Bank Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$12,929,500 Top 36% higher than 64% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Riverwood Bank Retirement Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Riverwood Bank Retirement Plan sits mid-pack in the medium band (101 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Riverwood Bank Retirement Plan reported net income rose from -$2M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Riverwood Bank Retirement Plan end-of-year assets rose from $11M in the plan year 2022 filing to $13M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 410145082 · Riverwood Bank PY 2023 · 401(k)

Riverwood Bank Retirement Plan · $13M · 101 · 64th

  • ASSETS $13M
  • ASSETS 101
  • ASSETS 64th
  • ASSETS 401(k)
  • ASSETS near Goodwill Industries of the Southern Piedmont, Inc. Retirement Plan
  • ASSETS ind #489

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Management of Enterprises retirement plans → · Plans in Minnesota →

Riverwood Bank Retirement Plan in the asset neighbourhood

Riverwood Bank Retirement PlanRiverwood Bank Retirement Pl…$13MGoodwill Industries of the Southern Piedmont, Inc. Retirement PlanGoodwill Industries of the S…$13MElectrical Contractors, Inc. Retirement Savings PlanElectrical Contractors, Inc.…$13MNewsmax Media 401(k) Plan$13MHopelink 401(k) Plan$13M
End-of-year total assets ($M) among Riverwood Bank Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)$11M
Net Assets (End of Year)$13M
Net Income$2M
Employer EIN410145082
Plan Effective Date1993-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Riverwood Bank)

Sponsor-wide plan assets over time

All Riverwood Bank plans reported in each filing year

Latest sponsor-wide plan assets
$18M 33.96624728709428% vs 2022
2024 filing year
$12M$14M$16M$18M$20M 202220232024 $13.2M $17.7M ▲ +33.9%
Year Plans Participants Total Assets
2022 2 183 $13M
2023 2 189 $15M
2024 3 188 $18M

Nearby 401(k) Plans in Minnesota

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Riverwood Bank Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Riverwood Bank Retirement Plan, Total assets ($B): 0.0129295 · Participants: 101Riverwood Bank Retirement PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 22.432100178 · Participants: 198972Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 13.008265857 · Participants: 432617Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 12.931979 · Participants: 44342Medtronic Savings and Investment Plan3M Voluntary Investment Plan and Employee Stock Ownership Plan, Total assets ($B): 12.04661588 · Participants: 360493M Voluntary Investment Plan and Employee Stock Ownership PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 10.271161911 · Participants: 75272U.S. Bank 401(k) Savings Plan
Riverwood Bank Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Riverwood Bank Retirement Plan side-by-side with 3 peers →

Riverwood Bank Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Goodwill Industries of the Southern Piedmont, Inc. Retirement Plan in NC ($13M); by covered participants it is Biocept, Inc. 401(k) Plan in NJ (101 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($13M here).

Similar participant headcount

Nearest other-state filings by covered participants (101 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Riverwood Bank Retirement Plan assets move in 2023? ▼
Riverwood Bank Retirement Plan grew sharply - up 21.4% during 2023, from $11M to $13M. Reported net income was $2M.
How have Riverwood Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Riverwood Bank's sponsor-wide assets grew 34.0%, from $13M to $18M.
Which 401(k) plans are similar in size to Riverwood Bank Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Goodwill Industries of the Southern Piedmont, Inc. Retirement Plan in NC ($13M, 1,350 participants).
Which 401(k) plans cover a similar participant headcount to Riverwood Bank Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Biocept, Inc. 401(k) Plan in NJ (101 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 410145082.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.