2023 Form 5500 filing — Redwood Electric Group, Inc. 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 20240930084028NAL0005332401001) for Redwood Electric Group, Inc. 401(K) Profit Sharing Plan, reported by Redwood Electric Group, Inc. under EIN 94-2330977 and plan number 001. It reports 296 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)$53.1MReported net assets$53,069,424

Participants296

Provider compensation$25.3K2 Schedule C row(s)$25,318

Schedules filedSchedule H, Schedule CLoaded schedules

EFAST2 acknowledgement: 20240930084028NAL0005332401001
Plan sponsor: Redwood Electric Group, Inc.
EIN: 94-2330977
Plan number: 001
Location: Santa Clara, CA
Received date: not reported in the loaded dataset

How to read this filing

This is a single annual Form 5500 filing, identified by its EFAST2 acknowledgement id.
Schedule chips (Sch H / I / C) show which schedules this filing includes.
Net assets = total assets minus total liabilities (Schedule H/I).
Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
For the plan's full history, open the plan profile.

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)$53.1M total assets

Net assets$53.1MLiabilities$3.4K

Money in vs. money out

Total income / additions$11.9M

Total expenses$5.8M

Benefits paid / distributions$5.8M

Contributions

Employer$1M

Participant$2.2M

Full reported line items

Total assets (EOY): $53,072,774
Total liabilities (EOY): $3,350
Net assets (EOY): $53,069,424
Employer contributions: $1,046,829
Participant contributions: $2,161,242
Total income / additions: $11,946,493
Benefits paid: $5,758,523
Administrative expenses: $4,873
Total expenses: $5,763,396
Net increase / (decrease): $6,183,097

Schedule C

Reported service provider compensation

Compensation reported on the 2023 filing, ranked by reported total.

1
Charles Schwab Trust Bank$20.4K
NONE · Direct $0 · Indirect $20.4K
2
Stancorp Financial Group$4.9K
NONE · Direct $4.9K

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20240930084028NAL0005332401001 cover?: It is the 2023 Form 5500 filing for Redwood Electric Group, Inc. 401(K) Profit Sharing Plan, reported by Redwood Electric Group, Inc. (EIN 94-2330977).
Which Form 5500 schedules are attached to this 2023 filing?: Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).