Plan Ledger DOL Form 5500 · updated monthly

Redis Labs Inc.401(k)

REDIS LABS INC. 401(K) PLAN · SAN FRANCISCO, CA · plan year 2024

Reported admin expense ratio · 2024
0.45%

Redis Labs Inc. reported $80,812 in plan administrative expenses for 2024: 0.45% of average plan assets, above the peer median. 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 0.41% to 0.45%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 3,587th-largest of 9,483 plans among California employers on file, and the 5,478th of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$20,366,088
Participants with balances469
Active participants371
Employer contributions—
Employee contributions$4,787,249
Employer contribution per active participant—
Average account balance$43,424
Benefits paid to participants$3,276,143
Plan auditUnmodified (clean) audit opinion
AuditorYULISHANA, INC.
Plan history3
Yearassets · accounts · employer contribution
2024$20.4M · 469 accts
2023$15.3M · 403 accts
2022$10.8M · 387 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$80,812
Total administrative$80,812
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 · 20241
USI CONSULTING GROUP INC · Other servicesindirect comp

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$80,812 · 0.45%
2023$73,094 · 0.56%
2022$40,113 · 0.41%
Same employer
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Moebius Solutions, Inc. CA$20.4M · 0.43%
Science 37, Inc. CA$20.4M · 0.57%
Canus Corporation CA$20.3M · 0.47%
New World Medical CA$20.3M · 0.08%
Tusimple CA$20.2M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 901013808 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.