2023 Form 5500 filing — Redsail Technologies, LLC Retirement Savings 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 20241011124859NAL0022769681001) for Redsail Technologies, LLC Retirement Savings Plan, reported by Redsail Technologies, LLC under EIN 83-0946290 and plan number 001. It reports 882 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241011124859NAL0022769681001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Redsail Technologies, LLC
- EIN
- 83-0946290
- Plan number
- 001
- Location
- Spartanburg, SC
- Participants
- 882
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $117,068,075
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $117,068,075
- Employer contributions
- $2,607,057
- Participant contributions
- $4,341,147
- Total income / additions
- $26,127,750
- Benefits paid
- $5,304,390
- Administrative expenses
- $51,616
- Total expenses
- $5,356,006
- Net increase / (decrease)
- $20,771,744
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Ameriprise Financial | INVESTMENT ADVISOR | $94,000 | not reported in the loaded dataset |
| Gallagher Fiduciary Advisors, LLC | INVESTMENT ADVISOR | $70,000 | not reported in the loaded dataset |
| Elliott Davis | ACCOUNTANT | $19,500 | not reported in the loaded dataset |
| Datasmith LLC | CONSULTANT | $8,000 | not reported in the loaded dataset |
| Fidelity Investments Institutional | RECORDKEEPER | -$160,972 | $0 |