Plan Ledger DOL Form 5500 · updated monthly

The Red Gate Group, Limited401(k)

RED GATE GROUP 401(K) PROFIT SHARING PLAN · CHANTILLY, VA · plan year 2024

Reported admin expense ratio · 2024
0.41%

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

The Red Gate Group, Limited reported $33,819 in plan administrative expenses for 2024: 0.41% of average plan assets, below the peer median. Employer contributions averaged $3,911 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 0.41%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Virginia (1,540th of 2,266), and 8,388th of 11,654 in professional & technical services. In 2024, employees put in $2.31 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,787,775
Participants with balances133
Active participants85
Employer contributions$332,445
Employee contributions$768,309
Employer contribution per active participant$3,911
Average account balance$66,073
Benefits paid to participants$1,171,580
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.8M · 133 accts · $332K emplr
2023$7.6M · 132 accts · $371K emplr
2022$6.8M · 131 accts · $282K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,915
Investment management$21,904
Total administrative$33,819
The The Red Gate Group, Limited 401(k) match · 2024
Employer contribution per active participant$3,911
Median for plans this size$1,313
2024$3,911 per active participant
2023$5,018 per active participant
2022$3,209 per active participant

The Red Gate Group, Limited's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 · 20242
SIGNATURE ESTATE & INVEST ADVS LLC · Investment advisory (plan)$19,309
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$11,915

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$33,819 · 0.41%
2023$32,858 · 0.46%
2022$31,962 · 0.43%
Similar plansProfessional & Technical Services · Virginia
Rid Ventures, LLC VA$8.9M · 0.68%
Loch Harbour Group Inc VA$8.7M · 0.84%
Synchron, LLC VA$8.7M · 0.54%
Afg Group Inc VA$8.7M · 0.54%
Maconit, Inc. VA$8.7M · 0.63%

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Source: U.S. Department of Labor, Form 5500 series, EIN 204848145 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.