Plan Snapshot
- Plan Sponsor: Redw LLC
- Sponsor EIN: 850203431
- Sponsor Address: 8801 HORIZON BLVD NE, SUITE 401, ALBUQUERQUE, NM, 87113
- Plan Type: 401(k)
- Total Participants: 298
- Total Assets: $35.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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. |
|---|---|---|---|---|
| 2024 | 298 | $35.6M | $907,985 | $2.8M |
| 2023 | 277 | $33.6M | $740,665 | $2.3M |
| 2022 | 232 | $31.4M | $624,004 | $1.9M |
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 |
|---|---|---|---|---|
| LBMC, PC | Auditor | $14,420 | — | $14,420 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LBMC, PC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $14,420
- Estimated Expense Ratio: 0.040% 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 | $40,777 | — | — | $14,420 | — |
| 2023 | $24,593 | — | — | $13,750 | — |
| 2022 | $19,828 | — | — | — | $19,828 |