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 Development LLC 401(K) Profit Sharing Plan is a benefit plan reported by Red Development, LLC under EIN 74-2928550 and plan number 001. The latest loaded filing year is 2023. The filing reports 135 participants and $17,076,890 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $17,076,890
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $17,076,890
- Net assets (BOY)
- $14,164,553
Income & contributions
- Employer contributions
- $243,457
- Participant contributions
- $757,517
- Total contributions
- $1,000,974
- Total income / additions
- $3,771,119
Expenses & distributions
- Benefits paid
- $851,918
- Administrative expenses
- $6,864
- Total expenses
- $858,782
- Net increase / (decrease)
- $2,912,337