Plan Snapshot
- Plan Sponsor: Red River Technology LLC
- Sponsor EIN: 020483341
- Sponsor Address: 14111 PARK MEADOW DR. SUITE 120, CHANTILLY, VA, 20151
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 1,034
- Total Assets: $109.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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. |
|---|---|---|---|---|
| 2025 | 1,034 | $109.0M | $0 | $0 |
| 2024 | 787 | $101.3M | $3.9M | $7.6M |
| 2023 | 713 | $84.6M | $3.6M | $7.0M |
| 2022 | 590 | $65.2M | $3.4M | $6.6M |
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 |
|---|---|---|---|---|
| COMMONWEALTH FINANCIAL NETWORK | Investment Advisor | $139,221 | — | $139,221 |
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $68,202 | — | $68,202 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $207,423
- Estimated Expense Ratio: 0.190% 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 |
|---|---|---|---|---|---|
| 2025 | $23,199,715 | $139,221 | — | — | — |
| 2024 | $239,827 | $146,066 | $1,200 | — | — |
| 2023 | $194,171 | $116,941 | $300 | — | — |
| 2022 | $215,360 | — | — | — | — |