Plan Snapshot
- Plan Sponsor: Redis Labs INC.
- Sponsor EIN: 901013808
- Sponsor Address: 70303 2ND STREET, NORTH TOWER, SAN FRANCISCO, CA, 94107
- Plan Type: 401(k)
- Total Participants: 371
- Total Assets: $20.4M
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. |
|---|---|---|---|---|
| 2024 | 371 | $20.4M | $0 | $4.8M |
| 2023 | 319 | $15.3M | $0 | $4.4M |
| 2022 | 378 | $10.8M | $0 | $3.9M |
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 |
|---|---|---|---|---|
| USI CONSULTING GROUP INC | THIRD PARTY ADMIN. | — | $14,921 | $14,921 |
| YULISHANA, INC. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- YULISHANA, INC. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $14,921
- Estimated Expense Ratio: 0.073% 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 | $80,812 | — | $80,812 | — | — |
| 2023 | $73,094 | — | $73,094 | — | — |
| 2022 | $40,113 | — | $40,113 | — | — |