Plan Snapshot
- Plan Sponsor: The Redland Company, INC.
- Sponsor EIN: 650145059
- Sponsor Address: 48 NE 15TH STREET, HOMESTEAD, FL, 33030
- Plan Type: 401(k)
- Total Participants: 179
- Total Assets: $4.8M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 179 | $4.8M | $40,325 | $310,667 |
| 2023 | 120 | $4.2M | $50,722 | $349,323 |
| 2022 | 123 | $3.5M | $60,003 | $348,348 |
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 |
|---|---|---|---|---|
| KSDT & CO. OR KABAT, SCHERTZER, DE | 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 | $38,082 | $882 | $37,200 | — | — |
| 2023 | $32,200 | $735 | $31,465 | — | — |
| 2022 | $32,314 | — | — | — | $32,314 |