Plan Ledger DOL Form 5500 · updated monthly

Redmane Technology, LLC401(k)

REDMANE TECHNOLOGY, LLC RETIREMENT SAVINGS PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Redmane Technology, LLC reported $40,772 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $2,523 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 0.11% to 0.13%. 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 1,196th-largest of 3,702 plans among Illinois employers on file, and the 3,716th of 11,654 in professional & technical services. In 2024, employees put in $3.71 for every $1.00 the employer contributed; active participation has grown from 215 to 311 since 2022.

Plan summary
Net assets, end of year$34,682,543
Participants with balances274
Active participants311
Employer contributions$784,773
Employee contributions$2,914,153
Employer contribution per active participant$2,523
Average account balance$126,579
Benefits paid to participants$3,656,021
Plan auditUnmodified (clean) audit opinion
AuditorPBG FINANCIAL SERVICES, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$34.7M · 274 accts · $785K emplr
2023$30.0M · 232 accts · $727K emplr
2022$23.1M · 188 accts · $508K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$35,158
Trustee / custodial$5,614
Total administrative$40,772
The Redmane Technology, LLC 401(k) match · 2024
Employer contribution per active participant$2,523
Median for plans this size$2,416
2024$2,523 per active participant
2023$2,613 per active participant
2022$2,363 per active participant

Redmane Technology, LLC's 2024 employer contribution ran above the $2,416 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
ALLIANCE PENSION CONSULTANTS, LLC · Recordkeeping$35,158
AMERICAN TRUST CUSTODY · Custodialindirect comp
TRIAD ADVISORS · Investment advisory (plan)indirect comp

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

Recordkeeper by year2
2024ALLIANCE PENSION CONSULTANTS, LLC
2023ALLIANCE PENSION CONSULTANTS, LLC

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Administrative cost history3
2024$40,772 · 0.13%
2023$34,332 · 0.13%
2022$27,852 · 0.11%
Same employer
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Spri LTD. IL$35.5M · 0.27%
Utilitra LLC IL$35.5M · 0.36%
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Fgm Architects Inc. IL$34.5M · 0.36%
Maven Wave Partners IL$34.4M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 364375986 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.