Redmond Asset Management LLC 401(K) Profit Sharing Plan & Trust — Form 5500 plan (Redmond Asset Management LLC)

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, Redmond Asset Management LLC 401(K) Profit Sharing Plan & Trust is a benefit plan reported by Redmond Asset Management LLC under EIN 83-0452274 and plan number 001. The latest loaded filing year is 2023. The filing reports 6 participants and $1,702,411 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$1.7MPlan net assets, end of year$1,702,411
Participants6Covered participants reported
Assets / participant$283.7KComputed: assets ÷ participants$283,735 (computed)
Provider compensationNone reported
Plan sponsor
Redmond Asset Management LLC
EIN
83-0452274
Plan number
001
Plan type
2
Location
Henrico, VA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20236I20240725145636NAL0022758928001
Schedule I · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$1.7M total assets
Net assets$1.7MLiabilities$0
Money in vs. money out
Total income / additions$484.6K
Total expenses$120
Benefits paid / distributions$0
Contributions
Employer$113.9K
Participant$42.3K
Full reported line items

Net assets

Total assets (EOY)
$1,702,411
Total liabilities (EOY)
$0
Net assets (EOY)
$1,702,411
Net assets (BOY)
$1,217,933

Income & contributions

Employer contributions
$113,947
Participant contributions
$42,285
Total income / additions
$484,598

Expenses & distributions

Benefits paid
$0
Administrative expenses
$120
Total expenses
$120
Net increase / (decrease)
$484,478
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 73%Participant 27%
Total expenses ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

No Schedule C service provider compensation is loaded for this plan yet.

Related Form 5500 pages