Red Hat, Inc. 401(K) And Profit Sharing Plan — Form 5500 plan (Red Hat, Inc.)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Red Hat, Inc. 401(K) And Profit Sharing Plan is a benefit plan reported by Red Hat, Inc. under EIN 06-1364380 and plan number 001. The latest loaded filing year is 2023. The filing reports 10,377 participants and $1,581,851,417 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Red Hat, Inc.
EIN
06-1364380
Plan number
001
Plan type
2
Location
Raleigh, NC
Latest filing year
2023
Participants
10,377
End-of-year plan assets
$1,581,851,417

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202310,377H, C20241002135525NAL0008359297001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$1,581,851,417
Total liabilities (EOY)
$15,000
Net assets (EOY)
$1,581,836,417
Net assets (BOY)
$1,220,878,754

Income & contributions

Employer contributions
$38,438,670
Participant contributions
$128,092,571
Total contributions
$177,708,610
Total income / additions
$462,820,196

Expenses & distributions

Benefits paid
$103,194,562
Administrative expenses
-$1,536,788
Total expenses
$101,862,533
Net increase / (decrease)
$360,957,663

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Pbmares LlpACCOUNTANT/AUDITOR$23,625not reported in the loaded dataset2023
Fidelity Investments InstitutionalRECORDKEEPER-$1,560,413$02023

Related Form 5500 pages