Plan Ledger DOL Form 5500 · updated monthly

Redwitz, Inc.401(k)

REDWITZ BUSINESS SOLUTIONS EMPLOYEES' 401(K) PLAN · IRVINE, CA · plan year 2024

Reported admin expense ratio · 2024
0.52%

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

Redwitz, Inc. reported $68,582 in plan administrative expenses for 2024: 0.52% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,039 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 0.57% to 0.52%. 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 4,498th-largest of 9,483 plans among California employers on file, and 6,750th of 11,654 in professional & technical services. In 2024, employees put in $6.48 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,317,839
Participants with balances197
Active participants155
Employer contributions$161,092
Employee contributions$1,043,640
Employer contribution per active participant$1,039
Average account balance$72,679
Benefits paid to participants$1,159,820
Plan auditUnmodified (clean) audit opinion
AuditorFAW, CASSON & CO. LLP
Plan history3
Yearassets · accounts · employer contribution
2024$14.3M · 197 accts · $161K emplr
2023$12.1M · 226 accts · $136K emplr
2022$9.7M · 231 accts · $124K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$68,582
Total administrative$68,582
The Redwitz, Inc. 401(k) match · 2024
Employer contribution per active participant$1,039
Median for plans this size$2,416
2024$1,039 per active participant
2023$929 per active participant
2022$834 per active participant

Redwitz, 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
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$426

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$68,582 · 0.52%
2023$47,190 · 0.43%
2022$56,067 · 0.57%
Same employer
Similar plansProfessional & Technical Services · California
Effectus Group CA$14.4M · 0.02%
Jumio Corporation CA$14.3M · 0.17%
Gatekeeper Systems, Inc. CA$14.3M · 0.02%
Nvest, Inc. CA$14.3M · 0.04%
Soci Inc. CA$14.3M · 0.88%
Viridos, Inc. CA$14.2M · 0.35%
Screen Engine/Asi LLC CA$14.2M · 0.02%
Cibus US, LLC CA$14.2M · 0.85%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330850406 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.