Plan Ledger DOL Form 5500 · updated monthly

Redstone Residential, Inc.401(k)

RETIREMENT INCOME SECURITY PLAN-REDSTONE RESIDENTIAL, INC. · PROVO, UT · plan year 2024

Reported admin expense ratio · 2024
0.98%

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

Redstone Residential, Inc. reported $74,840 in plan administrative expenses for 2024: 0.98% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,394 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 3 years on file its reported administrative ratio has held roughly steady near 0.98%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Utah (496th of 848), and 1,201st of 2,096 in real estate & leasing. In 2024, employees put in $1.33 for every $1.00 the employer contributed; active participation has grown from 489 to 616 since 2022.

Plan summary
Net assets, end of year$8,713,901
Participants with balances370
Active participants616
Employer contributions$858,776
Employee contributions$1,141,112
Employer contribution per active participant$1,394
Average account balance$23,551
Benefits paid to participants$1,027,309
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.7M · 370 accts · $859K emplr
2023$6.6M · 383 accts · $881K emplr
2022$4.0M · 228 accts · $576K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$48,494
Investment management$24,917
Trustee / custodial$1,429
Total administrative$74,840
The Redstone Residential, Inc. 401(k) match · 2024
Employer contribution per active participant$1,394
Median for plans this size$1,313
2024$1,394 per active participant
2023$1,428 per active participant
2022$1,178 per active participant

Redstone Residential, Inc.'s 2024 employer contribution ran above the $1,313 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 · 20244
AMERITAS LIFE INSURANCE CORP · Claims processing · Contract administrator$31,516
GBS RETIRE · Investment advisory (plan)$23,153
HEALTHEQUITY RETIREMENT SERVICES, L · Claims processing · Plan administrator$16,979
MATRIX TRUST COMPANY · Custodial (securities) · Loan processing$1,429

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

Recordkeeper by year2
2024Ameritas
2023Ameritas

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

Administrative cost history3
2024$74,840 · 0.98%
2023$46,841 · 0.89%
2022$37,889 · 1.00%
Same employer
Similar plansReal Estate & Leasing · Utah
Prep Co., LLC UT$9.9M · 0.32%
Ranlife, Inc. UT$7.2M · 0.16%
Canopy Mortgage, LLC UT$5.5M · 0.90%

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Source: U.S. Department of Labor, Form 5500 series, EIN 870492731 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.