Redsail Technologies, LLC Retirement Savings Plan — Form 5500 plan (Redsail Technologies, 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, Redsail Technologies, LLC Retirement Savings Plan is a benefit plan reported by Redsail Technologies, LLC under EIN 83-0946290 and plan number 001. The latest loaded filing year is 2023. The filing reports 882 participants and $117,068,075 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Redsail Technologies, LLC
EIN
83-0946290
Plan number
001
Plan type
2
Location
Spartanburg, SC
Latest filing year
2023
Participants
882
End-of-year plan assets
$117,068,075

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023882H, C20241011124859NAL0022769681001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$117,068,075
Total liabilities (EOY)
$0
Net assets (EOY)
$117,068,075
Net assets (BOY)
$96,296,331

Income & contributions

Employer contributions
$2,607,057
Participant contributions
$4,341,147
Total contributions
$7,329,465
Total income / additions
$26,127,750

Expenses & distributions

Benefits paid
$5,304,390
Administrative expenses
$51,616
Total expenses
$5,356,006
Net increase / (decrease)
$20,771,744

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Ameriprise FinancialINVESTMENT ADVISOR$94,000not reported in the loaded dataset2023
Gallagher Fiduciary Advisors, LLCINVESTMENT ADVISOR$70,000not reported in the loaded dataset2023
Elliott DavisACCOUNTANT$19,500not reported in the loaded dataset2023
Datasmith LLCCONSULTANT$8,000not reported in the loaded dataset2023
Fidelity Investments InstitutionalRECORDKEEPER-$160,972$02023

Related Form 5500 pages