Plan Ledger DOL Form 5500 · updated monthly

Red Pointe Roofing, LP401(k)

RED POINTE ROOFING 401(K) PLAN · ORANGE, CA · plan year 2023

Reported admin expense ratio · 2023
0.68%

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

Red Pointe Roofing, LP reported $21,302 in plan administrative expenses for 2023: 0.68% of average plan assets, above the peer median. Employer contributions averaged $727 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 1 year on file its reported administrative ratio rose from 0.29% to 0.68%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in California (7,629th of 9,483), and 4,397th of 5,337 in construction. In 2023, employees put in $4.21 for every $1.00 the employer contributed; active participation has grown from 87 to 118 since 2022.

Plan summary
Net assets, end of year$3,444,394
Participants with balances105
Active participants118
Employer contributions$85,831
Employee contributions$361,276
Employer contribution per active participant$727
Average account balance$32,804
Benefits paid to participants$110,499
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $76K emplr
2023$3.4M · 105 accts · $86K emplr
2022$2.8M · 105 accts · $83K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$21,302
Total administrative$21,302
The Red Pointe Roofing, LP 401(k) match · 2023
Employer contribution per active participant$727
Median for plans this size$1,308
2023$727 per active participant
2022$955 per active participant

Red Pointe Roofing, LP's 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20234
FUTUREPLAN BY ASCENSUS · Recordkeeping · Loan processing$3,950
TRANSAMERICA LIFE INSURANCE COMPANY · Recordkeeping · Loan processing$3,505
PRIME CAPITAL INVESTMENT ADVISORS · Investment advisory (plan)$10,000
RED POINTE ROOFING$3,848

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

Recordkeeper by year2
2024Ascensus, Transamerica
2023Ascensus, Transamerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024Not separately reported
2023$21,302 · 0.68%
2022$8,155 · 0.29%
Same employer
Similar plansConstruction · California
Twr Enterprises, Inc. CA$3.4M · 0.32%
Spectra Company Inc CA$3.4M · 0.54%

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Source: U.S. Department of Labor, Form 5500 series, EIN 900957014 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.