Red Technologies 401k Plan — Form 5500 plan (Red Technologies)

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, Red Technologies 401k Plan is a benefit plan reported by Red Technologies under EIN 20-0100768 and plan number 001. The latest loaded filing year is 2023. The filing reports 56 participants and $4,290,894 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$4.3MPlan net assets, end of year$4,290,894
Participants56Covered participants reported
Assets / participant$76.6KComputed: assets ÷ participants$76,623 (computed)
Provider compensationNone reported
Plan sponsor
Red Technologies
EIN
20-0100768
Plan number
001
Plan type
2
Location
Portland, CT
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202356I20241011122138NAL0012476595001
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)$4.3M total assets
Net assets$4.3MLiabilities$0
Money in vs. money out
Total income / additions$1.2M
Total expenses$79.9K
Benefits paid / distributions$75.8K
Contributions
Employer$96.9K
Participant$193.8K
Full reported line items

Net assets

Total assets (EOY)
$4,290,894
Total liabilities (EOY)
$0
Net assets (EOY)
$4,290,894
Net assets (BOY)
$3,173,339

Income & contributions

Employer contributions
$96,931
Participant contributions
$193,786
Total income / additions
$1,197,422

Expenses & distributions

Benefits paid
$75,799
Administrative expenses
$75
Total expenses
$79,867
Net increase / (decrease)
$1,117,555

Service provider compensation (Schedule C)

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

Related Form 5500 pages