Plan Ledger DOL Form 5500 · updated monthly

Redseal, Inc.401(k)

REDSEAL, INC. 401(K) PLAN · MENLO PARK, CA · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Redseal, Inc. reported $2,248 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $0 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 0.03% to 0.01%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other information & media employers. By assets it is the 3,812th-largest of 9,483 plans among California employers on file, and the 1,065th of 2,199 in information & media.

Plan summary
Net assets, end of year$18,662,494
Participants with balances116
Active participants90
Employer contributions$0
Employee contributions$1,511,258
Employer contribution per active participant$0
Average account balance$160,884
Benefits paid to participants$1,645,897
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$18.7M · 116 accts
2023$16.0M · 120 accts
2022$15.3M · 122 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$25
Investment management$2,223
Total administrative$2,248
The Redseal, Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$2,416

Redseal, Inc.'s 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241

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$2,248 · 0.01%
2023$3,396 · 0.02%
2022$4,620 · 0.03%
Similar plansInformation & Media · California
Forge Global, Inc CA$19.1M · 0.09%
Functional Software, Inc. CA$19.0M · 0.06%
Multi Media, LLC CA$19.0M · 0.46%
Recurly, Inc. CA$18.8M · 0.02%
Domino Data Lab Inc. CA$18.6M · 0.38%
Hover Inc. CA$18.3M · 0.02%
Jitterbit, Inc. CA$18.2M · 0.30%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 201043717 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.