Who sponsors the Red Development LLC 401(K) Profit Sharing Plan?

Red Development LLC 401(K) Profit Sharing Plan is reported as sponsored by Red Development, LLC (EIN 74-2928550, plan number 001) in public Form 5500 filings.

What is the most recent Form 5500 filing year for Red Development LLC 401(K) Profit Sharing Plan?

The latest Form 5500 filing year loaded for Red Development LLC 401(K) Profit Sharing Plan is 2023.

How many participants does Red Development LLC 401(K) Profit Sharing Plan report?

Red Development LLC 401(K) Profit Sharing Plan reports 135 participants in its latest loaded Form 5500 filing.

What are the reported plan assets for Red Development LLC 401(K) Profit Sharing Plan?

Red Development LLC 401(K) Profit Sharing Plan reports $17,076,890 in end-of-year plan assets in its latest loaded Form 5500 filing.

Red Development LLC 401(K) Profit Sharing Plan — Form 5500 plan (Red Development, 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, Red Development LLC 401(K) Profit Sharing Plan is a benefit plan reported by Red Development, LLC under EIN 74-2928550 and plan number 001. The latest loaded filing year is 2023. The filing reports 135 participants and $17,076,890 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$17.1MPlan net assets, end of year$17,076,890

Participants135Covered participants reported

Assets / participant$126.5KComputed: assets ÷ participants$126,495 (computed)

Provider compensation$6.9K1 Schedule C provider row(s)$6,864

Plan sponsor: Red Development, LLC
EIN: 74-2928550
Plan number: 001
Plan type: 2
Location: Phoenix, AZ
Latest filing year: 2023

Form 5500 filing history

Filings loaded for this plan
Filing year	Participants	Schedules	Filing
2023	135	H, C	20240731103022NAL0014237107001

Schedule H · 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)$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

Net assets

Total assets (EOY): $17,076,890
Total liabilities (EOY): $0
Net assets (EOY): $17,076,890
Net assets (BOY): $14,164,553

Income & contributions

Employer contributions: $243,457
Participant contributions: $757,517
Total contributions: $1,000,974
Total income / additions: $3,771,119

Expenses & distributions

Benefits paid: $851,918
Administrative expenses: $6,864
Total expenses: $858,782
Net increase / (decrease): $2,912,337

Service provider compensation (Schedule C)

Reported service provider compensation
Provider	Service	Direct comp.	Indirect comp.	Year
Bankers Trust Company	NONE	$6,864	$0	2023