Plan Ledger DOL Form 5500 · updated monthly

Redrock Technologies, Inc.401(k)

REDROCK 401(K) PLAN · IRVINE, CA · plan year 2023

Reported admin expense ratio · 2023
0.56%

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

Redrock Technologies, Inc. reported $30,381 in plan administrative expenses for 2023: 0.56% of average plan assets, above the peer median. Employer contributions averaged $2,605 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 1 year on file its reported administrative ratio rose from 0.34% to 0.56%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in California (6,722nd of 9,483), and 3,804th of 5,337 in construction. In 2023, employees put in $1.43 for every $1.00 the employer contributed; active participation has shrunk from 142 to 100 since 2022.

Plan summary
Net assets, end of year$5,863,867
Participants with balances198
Active participants100
Employer contributions$260,485
Employee contributions$372,746
Employer contribution per active participant$2,605
Average account balance$29,615
Benefits paid to participants$571,784
Plan auditUnmodified (clean) audit opinion
AuditorJCG ACCOUNTANCY GROUP
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $175K emplr
2023$5.9M · 198 accts · $260K emplr
2022$5.0M · 190 accts · $290K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$30,031
Total administrative$30,381
The Redrock Technologies, Inc. 401(k) match · 2023
Employer contribution per active participant$2,605
Median for plans this size$1,308
2023$2,605 per active participant
2022$2,040 per active participant

Redrock Technologies, Inc.'s 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
INTELLIGENCE DRIVE ADVISERS, LLCindirect 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
2024Not separately reported
2023$30,381 · 0.56%
2022$18,009 · 0.34%
Same employer
Similar plansConstruction · California
Alpha Mechanical, Inc. CA$6.1M · 1.32%
Tinco Sheet Metal Inc. CA$6.0M · 1.08%
Cleanrite, Inc. CA$5.9M · 0.59%
Glazier Steel CA$5.6M · 0.94%

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Source: U.S. Department of Labor, Form 5500 series, EIN 680490029 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.