Plan Snapshot
- Plan Sponsor: Red Gold, INC.
- Sponsor EIN: 350307660
- Sponsor Address: P.O. BOX 83, ELWOOD, IN, 46036
- Plan Type: 401(k)
- Total Participants: 1,502
- Total Assets: $162.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 1,502 | $162.4M | $3.9M | $8.0M |
| 2023 | 1,394 | $144.9M | $3.4M | $7.8M |
| 2022 | 1,304 | $120.3M | $3.3M | $7.6M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $139,153 | — | $139,153 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $65,315 | — | $65,315 |
| SHEPHERD FINANCIAL INVESTMENT | ADVISOR | $13,500 | — | $13,500 |
| CROWE LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- STRATEGIC ADVISORS, INC. — ADVISOR
- SHEPHERD FINANCIAL INVESTMENT — ADVISOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $217,968
- Estimated Expense Ratio: 0.134% 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 | $217,478 | $78,815 | — | — | — |
| 2023 | $125,364 | $70,745 | — | — | — |
| 2022 | $77,734 | $51,821 | — | — | — |