Plan Ledger DOL Form 5500 · updated monthly

Redhorse Corporation401(k)

REDHORSE CORPORATION 401(K) PLAN · ARLINGTON, VA · plan year 2023

Reported admin expense ratio · 2023
0.01%

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

Redhorse Corporation reported $3,572 in plan administrative expenses for 2023: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $19,800 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 fell from 0.76% to 0.50%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other professional & technical services employers. By assets it is the 503rd-largest of 2,266 plans among Virginia employers on file, and the 2,822nd of 11,654 in professional & technical services. In 2023, the employer put in $1.40 for every $1.00 employees contributed themselves; active participation has shrunk from 313 to 104 since 2022.

Plan summary
Net assets, end of year$48,588,519
Participants with balances152
Active participants104
Employer contributions$2,059,157
Employee contributions$1,474,253
Employer contribution per active participant$19,800
Average account balance$319,661
Benefits paid to participants$1,900,776
Plan history3
Yearassets · accounts · employer contribution
2024$19.0M · 283 accts · $607K emplr
2023$48.6M · 152 accts · $2.1M emplr
2022$11.1M · 282 accts · $1.0M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$2,256
Investment management$1,316
Total administrative$3,572
The Redhorse Corporation 401(k) match · 2023
Employer contribution per active participant$19,800
Median for plans this size$2,440
2024$2,298 per active participant
2023$19,800 per active participant
2022$3,219 per active participant

Redhorse Corporation's 2023 employer contribution ran above the $2,440 median for plans its size, placing it in the top quarter of its peers. 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 · 20231
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$2,406

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$85,393 · 0.50%
2023$3,572 · 0.01%
2022$101,498 · 0.76%
Same employer
Similar plansProfessional & Technical Services · Virginia
Research Innovations Inc. VA$49.5M · 0.00%
Apex Clean Energy, Inc. VA$49.0M · 0.03%
Excella, Inc. VA$47.3M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 261283951 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.