Plan Ledger DOL Form 5500 · updated monthly

Redwood Materials401(k)

REDWOOD MATERIALS 401(K) PLAN · CARSON CITY, NV · plan year 2024

Reported admin expense ratio · 2024
0.66%

Redwood Materials reported $90,978 in plan administrative expenses for 2024: 0.66% of average plan assets, higher than ~90% of peers. 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 rose from 0.62% to 0.66%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 143rd-largest of 437 plans among Nevada employers on file, and the 2,074th of 4,246 in wholesale trade. active participation has grown from 539 to 1,042 since 2022.

Plan summary
Net assets, end of year$17,935,075
Participants with balances1,068
Active participants1,042
Employer contributions—
Employee contributions$5,588,569
Employer contribution per active participant—
Average account balance$16,793
Benefits paid to participants$2,017,293
Plan auditQualified audit opinion
AuditorPRICEKUBECKA
Plan history3
Yearassets · accounts · employer contribution
2024$17.9M · 1,068 accts
2023$9.7M · 757 accts
2022$4.2M · 538 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$90,978
Total administrative$90,978
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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$90,978
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect 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
2024$90,978 · 0.66%
2023$43,917 · 0.63%
2022$15,600 · 0.62%
Same employer
Similar plansWholesale Trade · Nevada
Golden Knight Holdings, Inc NV$58.4M · 0.00%
Western Nevada Supply Co. NV$40.7M · 0.08%
Caltrol, Inc NV$32.5M · 0.24%
Haws Corporation NV$26.5M · 0.08%
Nevada Beverage Company NV$13.7M · 0.02%
Jcm American Corporation NV$13.1M · 0.56%
Elemental Led Inc NV$10.8M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 821226508 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.