Plan Ledger DOL Form 5500 · updated monthly

Redwood Residential, LLC.401(k)

EQT REDWOOD RESIDENTIAL 401(K) PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
2.38%

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

Redwood Residential, LLC. reported $35,640 in plan administrative expenses for 2024: 2.38% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,590 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 1.79% to 2.38%. 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 Illinois (3,403rd of 3,702), and 1,898th of 2,096 in real estate & leasing. In 2024, employees put in $2.33 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,652,852
Participants with balances130
Active participants111
Employer contributions$176,496
Employee contributions$410,507
Employer contribution per active participant$1,590
Average account balance$12,714
Benefits paid to participants$416,607
Plan auditUnmodified (clean) audit opinion
AuditorPKF O'CONNOR DAVIS, LLP
Plan history2
Yearassets · accounts · employer contribution
2024$1.7M · 130 accts · $176K emplr
2023$1.3M · 132 accts · $130K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$29,826
Investment management$5,814
Total administrative$35,640
The Redwood Residential, LLC. 401(k) match · 2024
Employer contribution per active participant$1,590
Median for plans this size$1,313
2024$1,590 per active participant
2023$1,200 per active participant

Redwood Residential, LLC.'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 · 20243
ADP, INC. · Loan processing · Recordkeeping$29,826
GLOBAL RETIREMENT PARTNERS · Recordkeeping · Trustee$5,814
ADP BROKER-DEALER · Other servicesindirect comp

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

Recordkeeper by year2
2024ADP, GLOBAL RETIREMENT PARTNERS
2023ADP

This plan has changed recordkeepers within these filings. If you left Redwood Residential, LLC. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history2
2024$35,640 · 2.38%
2023$23,941 · 1.79%
Similar plansReal Estate & Leasing · Illinois
Flats, LLC IL$2.2M · 0.12%
Benj. E. Sherman & Sons IL$2.1M · 0.86%
Eh Holdco LLC IL$2.0M · 0.31%
D'Aprile Properties IL$1.7M · 1.45%
Wpd Management LLC IL$1.5M · 0.29%
M2 Property Group, LLC IL$822K · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 821455217 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.