Plan Snapshot
- Plan Sponsor: The Red Van Workshop, LLC
- Sponsor EIN: 472685133
- Sponsor Address: 7979 NORTH 41ST STREET, LONGMONT, CO, 80503
- Plan Type: 401(k)
- Total Participants: 76
- Total Assets: $9.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- 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. |
|---|---|---|---|---|
| 2024 | 76 | $9.4M | $363,294 | $921,112 |
| 2023 | 90 | $7.8M | $374,648 | $983,565 |
| 2022 | 126 | $5.8M | $429,511 | $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 |
|---|---|---|---|---|
| CBIZ CPAS P.C. | 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 |
|---|---|---|---|---|---|
| 2024 | $4,750 | — | $4,350 | — | — |
| 2023 | $3,200 | — | — | — | — |
| 2022 | $2,675 | $2,675 | — | — | — |