Plan Ledger DOL Form 5500 · updated monthly

Redwood Trust, Inc.401(k)

REDWOOD TRUST, INC. 401(K) PROFIT SHARING PLAN · MILL VALLEY, CA · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Redwood Trust, Inc. reported $37,358 in plan administrative expenses for 2024: 0.06% of average plan assets, below the peer median. Employer contributions averaged $4,798 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 0.12% to 0.06%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 1,481st-largest of 9,483 plans among California employers on file, and the 1,413th of 4,798 in finance & insurance. In 2024, employees put in $3.08 for every $1.00 the employer contributed; active participation has shrunk from 345 to 290 since 2022.

Plan summary
Net assets, end of year$62,493,881
Participants with balances453
Active participants290
Employer contributions$1,391,500
Employee contributions$4,284,334
Employer contribution per active participant$4,798
Average account balance$137,956
Benefits paid to participants$5,325,742
Plan auditUnmodified (clean) audit opinion
AuditorCBIZ CPA P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$62.5M · 453 accts · $1.4M emplr
2023$52.8M · 433 accts · $1.6M emplr
2022$44.8M · 509 accts · $1.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$37,358
Total administrative$37,358
The Redwood Trust, Inc. 401(k) match · 2024
Employer contribution per active participant$4,798
Median for plans this size$3,635
2024$4,798 per active participant
2023$6,006 per active participant
2022$4,809 per active participant

Redwood Trust, Inc.'s 2024 employer contribution ran above the $3,635 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$37,358

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$37,358 · 0.06%
2023$37,828 · 0.08%
2022$54,665 · 0.12%
Same employer
Similar plansFinance & Insurance · California
Orange County Credit Union CA$64.2M · 0.32%
Deans & Homer CA$62.8M · 0.07%
Banc of California, Inc. CA$62.0M · 0.28%
Bank of Stockton CA$61.4M · 0.10%
Prosper Marketplace, Inc. CA$61.2M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 680329422 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.