Plan Snapshot
- Plan Sponsor: Red Violet, INC.
- Sponsor EIN: 822408531
- Sponsor Address: 2650 MILITARY TRAIL STE 300, BOCA RATON, FL, 33431
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 293
- Total Assets: $18.7M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- 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 | 293 | $18.7M | $0 | $0 |
| 2024 | 216 | $14.1M | $710,461 | $1.6M |
| 2023 | 179 | $10.4M | $653,984 | $1.3M |
| 2022 | 181 | $7.2M | $577,787 | $1.2M |
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 |
|---|---|---|---|---|
| ASSURANCE DIMENSIONS | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $1,187,778 | — | — | — | — |
| 2024 | $3,056 | — | — | — | — |
| 2023 | $1,688 | — | — | — | — |
| 2022 | $977 | — | $977 | — | — |