Plan Ledger DOL Form 5500 · updated monthly

Redpath USA Corporation401(k)

REDPATH USA CORPORATION 401(K) PLAN · SPARKS, NV · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Redpath USA Corporation reported $10,295 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $8,446 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 0.08% to 0.05%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other mining, oil & gas extraction employers. By assets it is the 110th-largest of 437 plans among Nevada employers on file, and the 275th of 612 in mining, oil & gas extraction. In 2024, employees put in $1.44 for every $1.00 the employer contributed; active participation has grown from 112 to 331 since 2022.

Plan summary
Net assets, end of year$24,605,339
Participants with balances540
Active participants331
Employer contributions$2,795,680
Employee contributions$4,033,031
Employer contribution per active participant$8,446
Average account balance$45,565
Benefits paid to participants$2,181,770
Plan auditUnmodified (clean) audit opinion
AuditorBFBA
Plan history3
Yearassets · accounts · employer contribution
2024$24.6M · 540 accts · $2.8M emplr
2023$16.5M · 290 accts · $1.2M emplr
2022$12.5M · 286 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,064
Investment management$2,231
Total administrative$10,295
The Redpath USA Corporation 401(k) match · 2024
Employer contribution per active participant$8,446
Median for plans this size$2,416
2024$8,446 per active participant
2023$9,564 per active participant
2022$13,518 per active participant

Redpath USA Corporation'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 · 20241
ADP, INC. · Recordkeeping · Investment advisory (participants)$10,294

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

Recordkeeper by year2
2024ADP
2023ADP

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$10,295 · 0.05%
2023$7,315 · 0.05%
2022$11,264 · 0.08%
Same employer
Similar plansMining, Oil & Gas Extraction · Nevada
Robinson Holdings (USA) LTD NV$89.2M · 0.17%
Florida Canyon Mining, Inc. NV$23.1M · 0.50%
National Ewp, Inc. NV$14.1M · 0.57%
Ram Enterprise, Inc. NV$12.2M · 0.36%
Jerritt Canyon Gold LLC NV$8.0M · 0.54%

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Source: U.S. Department of Labor, Form 5500 series, EIN 860893875 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.