Red River Technology LLC 401(k) Review & Grade
Red River 401(k) Retirement Plan
Chantilly, VAProfessional, Scientific & Technical Services750 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$5,205Employer $ per active participant
$10,153Employee $ saved per active participant
0.26%Direct admin cost, % of plan assets
$101.3MNet plan assets, end of year
$106,166Average balance per account
Score breakdown
- Employer generosity37.4 / 5075th percentile for employer $ per participant
- Low cost11.5 / 2546th percentile for low admin cost vs. same-size plans
- Employee saving9.0 / 1560th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score65 / 100 · Grade B
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 500–2,499 active participants (1,469 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 75th |
| Lower admin cost | 46th |
| Employee saving | 60th |
| Peers that auto-enroll | 48% |
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Red flags from the filing
Corrective distributions: the plan refunded $10,151 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Red River Technology put in about $5,205 per active participant, more than the typical peer ($3,082). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $3,903,980 |
| Participant (employee) contributions | $7,614,561 |
| Other contributions (incl. rollovers in) | $2,293,607 |
| Administrative expenses paid from the plan | $239,827 |
| Contract administrator fees | $1,200 |
| Investment advisory & management fees | $146,066 |
| Benefits paid out | $10,276,107 |
| Net assets, start / end of year | $84.6M / $101.3M |
| Active participants, start / end of year | 713 / 787 |
| Participants with account balances | 954 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | TSS Financial Partners, LLP |
Largest service providers (Schedule C)
| Commonwealth Financial Network | $146,066 reported compensation |
| Fidelity Investments Institutional | $93,761 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250821101409NAL0002022691001, received 2025-08-21, EIN 02-0483341, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.