Overview
Plan Description
Redi Services, LLC 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 60. This plan is in the top 35% of plans for Company Generosity and Salary Deferral. Redi Services, LLC 401k Plan currently has over 300 active participants and over $6.7M in plan assets.
Did you know?
For the average 401k participant, the 31 point difference between this plan's BrightScope Rating (60) and the top rated plan (91) could equate to:
18
Additional years of work
111,983
Lost Savings
*The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer. How is this calculated?
Plan Details
Plan Details Relevant details about the plan and the plan sponsor, including the address and industry of the plan sponsor and the size of the plan in assets and participants.
Plan data accurate as of 12/31/2018
Plan data has been audited by an Independent Qualified Public Accountant (IQPA). Address 225 West Owen Street
Plan data has been audited by an Independent Qualified Public Accountant (IQPA). Address 225 West Owen Street
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LocationLyman , WY82937
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IndustryAll Other Professional, Scientific, and Technical Services
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AdministratorTracy Richards
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Net Plan Assets$6,660,000
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Total Participants400
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Avg Account Balance$41,000
Plan Components
Component Ratings
Design
Total Plan Cost:
Average Fees
Company Generosity:
Above Average
Performance
Participation Rate:
Poor
Salary Deferrals:
Above Average
Account Balance:
Average
Design
Total Plan Cost:
Low Fees
Company Generosity:
Great
Performance
Participation Rate:
Poor
Salary Deferrals:
Great
Account Balance:
Above Average
Peer Group Plans
Company | Rating |
---|---|
Business Integra Technology Solutions | 75.2 |
Brightedge Technologies | 72.4 |
Ascendum Solutions LLC | 72.1 |
Riskonnect | 67.7 |
LMG Holdings, Inc. and Subsidiaries | 62.2 |
Udemy | 61.2 |
Top Industry Articles
Compliance
Stimulus Bill Extends Some Provisions of the CARES Act
It also provides a way for retirement plan sponsors to avoid a partial plan termination.
December 28, 2020
Practice Management
Practice Management: Areas of Success
A look at what worked particularly well in 2020 and that could keep propelling growth in 2021.
December 28, 2020
exclusives
Democrats Have Won the Power to Fix Union Pensions
A bipartisan compromise solution to end the multiemployer pension crisis is urgently required, sources agree, and one could finally be forthcoming in the U.S. Congress.
January 19, 2021
Deals & People
HUB Names New Leader for Retirement and Private Wealth
PLANADVISER has learned that HUB International has named Joe DeNoyior as the new leader for Retirement and Private Wealth.
January 22, 2021
exclusives
Warn Your Clients: Don’t Abuse Coronavirus Hardship Withdrawals
Though retirement plans can allow individuals to self-certify that they qualify for a penalty-free coronavirus-related distribution, should the IRS discover otherwise during a future audit, a participant can be subject to substantial penalties.
June 11, 2020
Investments
Largest Funds in this Plan | Allocation of Assets | 1 YR Rank in Category |
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Vanguard Group Target Retirement | 36% |
N/A
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John Hancock Funds II Multi-Index Lifestyle Balanced | 12% |
N/A
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John Hancock Funds II Multi-Index Lifestyle Moderate | 12% |
N/A
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100%
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100%
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100%
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100%
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View all funds in this plan
Providers
Articles and Questions

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