Plan Ledger DOL Form 5500 · updated monthly

Redpath and Company, LTD.401(k)

REDPATH AND COMPANY, LTD. 401(K) PROFIT SHARING PLAN · ST. PAUL, MN · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Redpath and Company, LTD. reported $72,838 in plan administrative expenses for 2024: 0.25% of average plan assets, below the peer median. Employer contributions averaged $4,129 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 0.28% to 0.25%. 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 677th-largest of 1,918 plans among Minnesota employers on file, and the 4,041st of 11,654 in professional & technical services. In 2024, employees put in $2.55 for every $1.00 the employer contributed; active participation has grown from 194 to 228 since 2022.

Plan summary
Net assets, end of year$31,241,614
Participants with balances263
Active participants228
Employer contributions$941,419
Employee contributions$2,401,638
Employer contribution per active participant$4,129
Average account balance$118,789
Benefits paid to participants$2,945,437
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$31.2M · 263 accts · $941K emplr
2023$26.6M · 247 accts · $878K emplr
2022$25.2M · 246 accts · $389K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$42,844
Investment management$29,994
Total administrative$72,838
The Redpath and Company, LTD. 401(k) match · 2024
Employer contribution per active participant$4,129
Median for plans this size$2,416
2024$4,129 per active participant
2023$4,391 per active participant
2022$2,004 per active participant

Redpath and Company, LTD.'s 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$42,843
RBC CAPITAL MARKETS LLC · Investment advisory (plan)$29,989
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect 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$72,838 · 0.25%
2023$71,112 · 0.27%
2022$78,564 · 0.28%
All plans at this employer2
REDPATH AND COMPANY, LTD. 401(K) PROFIT SHARING PLAN401(k)
REDPATH AND COMPANY, LTD EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
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Stoneridge Companies, LLC MN$32.9M · 0.24%
Ab Carval Investors, LP MN$31.9M · 0.02%
Imagetrend, LLC MN$30.2M · 0.35%
Bgm Group, LLC MN$30.1M · 0.51%

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Source: U.S. Department of Labor, Form 5500 series, EIN 410975573 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.