2023 Form 5500 filing — Red Development LLC 401(K) Profit Sharing Plan

Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240731103022NAL0014237107001) for Red Development LLC 401(K) Profit Sharing Plan, reported by Red Development, LLC under EIN 74-2928550 and plan number 001. It reports 135 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$17.1MReported net assets$17,076,890
Participants135
Provider compensation$6.9K1 Schedule C row(s)$6,864
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20240731103022NAL0014237107001
Plan sponsor
Red Development, LLC
EIN
74-2928550
Plan number
001
Location
Phoenix, AZ
Received date
not reported in the loaded dataset
Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$17.1M total assets
Net assets$17.1MLiabilities$0
Money in vs. money out
Total income / additions$3.8M
Total expenses$858.8K
Benefits paid / distributions$851.9K
Contributions
Employer$243.5K
Participant$757.5K
Full reported line items
Total assets (EOY)
$17,076,890
Total liabilities (EOY)
$0
Net assets (EOY)
$17,076,890
Employer contributions
$243,457
Participant contributions
$757,517
Total income / additions
$3,771,119
Benefits paid
$851,918
Administrative expenses
$6,864
Total expenses
$858,782
Net increase / (decrease)
$2,912,337

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Bankers Trust CompanyNONE$6,864$0

Related Form 5500 pages