Plan Ledger DOL Form 5500 · updated monthly

Redlee/Scs, Inc.401(k)

REDLEE/SCS, INC. 401(K) PROFIT SHARING PLAN · DALLAS, TX · plan year 2022

Reported admin expense ratio · 2022
0.24%

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

Redlee/Scs, Inc. reported $6,170 in plan administrative expenses for 2022: 0.24% of average plan assets, below the peer median. Employer contributions averaged $305 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Texas (4,766th of 5,688), and 1,854th of 2,534 in administrative & support services. In 2022, employees put in $2.42 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,423,998
Participants with balances58
Active participants137
Employer contributions$41,782
Employee contributions$101,301
Employer contribution per active participant$305
Average account balance$41,793
Benefits paid to participants$34,706
Plan auditUnmodified (clean) audit opinion
AuditorPAYNE & SMITH, LLC CPA
Administrative expenses, itemized · 2022
Professional / advisory$6,170
Total administrative$6,170
The Redlee/Scs, Inc. 401(k) match · 2022
Employer contribution per active participant$305
Median for plans this size$1,114

Redlee/Scs, Inc.'s 2022 employer contribution ran below the $1,114 median for plans its size, in the bottom 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$6,170 · 0.24%
Similar plansAdministrative & Support Services · Texas
Newton Peo, LLC TX$2.6M · 0.95%
Pentecom, LLC TX$2.6M · 0.57%
The Insource Group, Inc. TX$2.6M · 0.43%
Quivera Enterprises, LLC TX$2.3M · 0.06%
Ian Martin Pbc TX$2.1M · 0.61%

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Source: U.S. Department of Labor, Form 5500 series, EIN 752353381 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.