Profit Sharing
2023 plan-year Profit Sharing DOL Form 5500

Employee Benefit Plan of Redwood Community Action Agency

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Redwood Community Action Agency · California · Healthcare & Social Assistance

What the 2023 filing shows

Employee Benefit Plan of Redwood Community Action Agency holds $2M for 40 participants — about $53,232 per participant, up 20.3% over the 2023 plan year.

$2M
total plan assets (2023 EOY)
40
covered participants
$53,232
avg assets per participant
+20.3%
assets growth YoY
Total Assets (2023)
$2M
Participants
40
State
Industry
Healthcare & Social Assistance

What the Filing Says About Employee Benefit Plan of Redwood Community Action Agency

Employee Benefit Plan of Redwood Community Action Agency is a Profit Sharing retirement plan sponsored by Redwood Community Action Agency, headquartered in California. As of the 2023 Form 5500 filing, the plan reports $2M in total end-of-year assets and covers 40 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 942646370, and the plan has been effective since 1995-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $2M at the beginning of 2023 to $2M at year-end — a gain of 20.3%. Net assets (after liabilities) closed the year at $2M, with reported net income of $360K driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$2M
Total Assets (End of Year)$2M
Net Assets (End of Year)$2M
Net Income$360K
Plan TypeProfit Sharing
Employer EIN942646370
Plan Effective Date1995-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Redwood Community Action Agency)

Year Plans Participants Total Assets
2022 1 41 $2M
2023 1 40 $2M
2024 1 52 $2M

Nearby Profit Sharing Plans in California

Peer Profit Sharing plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the Employee Benefit Plan of Redwood Community Action Agency?
As of the 2023 Form 5500 filing, Employee Benefit Plan of Redwood Community Action Agency holds $2M in total assets with 40 participants. It is sponsored by Redwood Community Action Agency.
What type of plan is Employee Benefit Plan of Redwood Community Action Agency?
Employee Benefit Plan of Redwood Community Action Agency is a Profit Sharing plan. It has been effective since 1995-01-01. The plan is filed with the U.S. Department of Labor under EIN 942646370.
Who sponsors the Employee Benefit Plan of Redwood Community Action Agency?
Employee Benefit Plan of Redwood Community Action Agency is sponsored by Redwood Community Action Agency, located in California. The sponsor's EIN is 942646370 and the plan operates in the Healthcare & Social Assistance industry.
How did Employee Benefit Plan of Redwood Community Action Agency perform in 2023?
Employee Benefit Plan of Redwood Community Action Agency grew by 20.3% during 2023, moving from $2M to $2M in total assets. Net income was $360K.
Where can I find official filings for Employee Benefit Plan of Redwood Community Action Agency?
Official Form 5500 filings for Employee Benefit Plan of Redwood Community Action Agency are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 942646370 or plan name at efast.dol.gov.
How does Employee Benefit Plan of Redwood Community Action Agency compare to other plans?
You can compare Employee Benefit Plan of Redwood Community Action Agency against other Profit Sharing plans on the plan type page, or view plans in California on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 942646370.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.