Plan Ledger DOL Form 5500 · updated monthly

Red Gold, Inc.401(k)

RED GOLD, INC. 401(K) PROFIT SHARING PLAN · ELWOOD, IN · plan year 2024

Reported admin expense ratio · 2024
0.14%

Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works

Red Gold, Inc. reported $217,478 in plan administrative expenses for 2024: 0.14% of average plan assets, above the peer median. Employer contributions averaged $2,621 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.06% to 0.14%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 93rd-largest of 1,562 plans among Indiana employers on file, and the 1,340th of 13,661 in manufacturing. In 2024, employees put in $2.04 for every $1.00 the employer contributed; active participation has grown from 1,304 to 1,502 since 2022.

Plan summary
Net assets, end of year$162,386,348
Participants with balances1,994
Active participants1,502
Employer contributions$3,937,111
Employee contributions$8,035,696
Employer contribution per active participant$2,621
Average account balance$81,437
Benefits paid to participants$16,205,232
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$162.4M · 1,994 accts · $3.9M emplr
2023$144.9M · 1,645 accts · $3.4M emplr
2022$120.3M · 1,605 accts · $3.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$138,663
Investment management$78,815
Total administrative$217,478
The Red Gold, Inc. 401(k) match · 2024
Employer contribution per active participant$2,621
Median for plans this size$3,635
2024$2,621 per active participant
2023$2,464 per active participant
2022$2,513 per active participant

Red Gold, Inc.'s 2024 employer contribution ran below the $3,635 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$139,153
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$65,315
SHEPHERD FINANCIAL INVESTMENT · Investment advisory (plan)$13,500

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$217,478 · 0.14%
2023$125,364 · 0.09%
2022$77,734 · 0.06%
Same employer
Similar plansManufacturing · Indiana
Thor Industries, Inc. IN$189.0M · 0.18%
Knauf Insulation, Inc. IN$179.9M · 0.15%
Ford Meter Box Company, Inc. IN$170.5M · 0.09%
Endress+Hauser Inc. IN$159.5M · 0.03%
Ctb, Inc. IN$159.3M · 0.07%
Patrick Industries, Inc. IN$157.0M · 0.39%
Dexter Axle Company IN$156.8M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 350307660 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.