401(k) · DOL Form 5500 · 2022

Redwood Electric Group, Inc. 401(k) Plan

Data updated 2026-08-25

$47M
Total assets Below avg plan size
209
Participants Below avg headcount
87th
Percentile by assets National rank
$224,336
Avg per participant Above avg balance/head
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Official DOL plan name: Redwood Electric Group, Inc. 401(k) Profit Sharing Plan · Sponsored by Redwood Electric Group, Inc. · California · Construction

$47M in assets, 209 participants

Redwood Electric Group, Inc.'s Redwood Electric Group, Inc. 401(k) Profit Sharing Plan reported $47M in total assets and 209 participants in its 2022 DOL Form 5500 filing, ranking in the 87th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #8,513 in Construction (9,927 peers)

Coverage in California

Redwood Electric Group, Inc. 401(k) Profit Sharing Plan covers 209 participants in California, about 33% of the average California filer (state average ~630 per filing). Assets: $47M.

#8,513
in Construction (9,927 peers)
-14.7%
assets change YoY
0.5×
vs typical plan assets (national mean)

The plan reported a net loss of $8M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Redwood Electric Group, Inc. 401(k) Profit Sharing Plan's outsized position by total assets

Redwood Electric Group, Inc. 401(k) Profit Sharing Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$46,886,327 Top 13% higher than 87% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Redwood Electric Group, Inc. 401(k) Profit Sharing Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Redwood Electric Group, Inc. 401(k) Profit Sharing Plan sits mid-pack in the medium band (209 participants).

EBSA filing schedule strip

Filing strip 942330977 · Redwood Electric Group, Inc. PY 2022 · 401(k)

Redwood Electric Group, Inc. 401(k) Profit Sharing Plan · $47M · 209 · 87th

  • PHOTO $47M
  • IND 209
  • EOY 87th
  • 5500 401(k)
  • ASSETS near Desert Orthopaedic Center, Ltd. 401(k) Profit Sharing Plan and Trust
  • PCT ind #8513

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Construction retirement plans → · Plans in California →

Redwood Electric Group, Inc. 401(k) Profit Sharing Plan in the asset neighbourhood

Mccombs Automotive Group Employee Capital Accmulation PlanMccombs Automotive Group Emp…$47MRedwood Electric Group, Inc. 401(k) Profit Sharing PlanRedwood Electric Group, Inc.…$47MDesert Orthopaedic Center, Ltd. 401(k) Profit Sharing Plan and TrustDesert Orthopaedic Center, L…$47MNewton Healthcare Corporation 401(k) Retirement PlanNewton Healthcare Corporatio…$47MGeorges Enterprises 401(k) PlanGeorges Enterprises 401(k) P…$47M
End-of-year total assets ($M) among Redwood Electric Group, Inc. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

California filing particulars

Total Assets (Beginning of Year)$55M
Net Assets (End of Year)$47M
Net Income-$8M
Employer EIN942330977
Plan Effective Date1978-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Redwood Electric Group, Inc.)

Sponsor-wide plan assets over time

All Redwood Electric Group, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$64M 37.29615032544562% vs 2022
2024 filing year
$40M$50M$60M$70M 202220232024 $46.9M $64.4M ▲ +37.3%
Year Plans Participants Total Assets
2022 1 209 $47M
2023 1 217 $53M
2024 1 216 $64M

Nearby 401(k) Plans in California

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Redwood Electric Group, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Redwood Electric Group, Inc. 401(k) Profit Sharing Plan, Total assets ($B): 0.046886327 · Participants: 209Redwood Electric Group, Inc. 401(k) Profit Sharing PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 45.765616608 · Participants: 205865Wells Fargo & Company 401(k) PlanGoogle LLC 401(k) Savings Plan, Total assets ($B): 28.89820221 · Participants: 102963Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 21.851716605 · Participants: 46320Oracle Corporation 401(k) Savings and Investment PlanChevron Employee Savings Investment Plan, Total assets ($B): 18.60989746 · Participants: 19946Chevron Employee Savings Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 18.361585903 · Participants: 54672Intel 401(k) Savings Plan
Redwood Electric Group, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in California, assets vs. participants

Redwood Electric Group, Inc. 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside California, the nearest 401(k) by assets is Desert Orthopaedic Center, Ltd. 401(k) Profit Sharing Plan and Trust in NV ($47M); by covered participants it is Creative Systems and Consulting in VA (209 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (209 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Redwood Electric Group, Inc. 401(k) Profit Sharing Plan assets move in 2022?
Redwood Electric Group, Inc. 401(k) Profit Sharing Plan pulled back noticeably - down 14.7% during 2022, from $55M to $47M. Reported net income was -$8M.
How have Redwood Electric Group, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Redwood Electric Group, Inc.'s sponsor-wide assets grew 37.3%, from $47M to $64M.
Where does Redwood Electric Group, Inc. 401(k) Profit Sharing Plan rank by assets among Form 5500 filers?
Redwood Electric Group, Inc. 401(k) Profit Sharing Plan ranks in the 87th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Redwood Electric Group, Inc. 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Desert Orthopaedic Center, Ltd. 401(k) Profit Sharing Plan and Trust in NV ($47M, 272 participants).
Which 401(k) plans cover a similar participant headcount to Redwood Electric Group, Inc. 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is Creative Systems and Consulting in VA (209 participants, N/A in assets).