401(k) · DOL Form 5500 · 2024

Redwood Software, Inc. 401(k) Plan

Data updated 2026-08-25

$25M
Total assets Small plan by assets
170
Participants Small participant base
74th
Percentile by assets National rank
$144,927
Avg per participant Above avg balance/head
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Official DOL plan name: Redwood Software, Inc. 401(k) Plan · Sponsored by Redwood Software, Inc. · North Carolina · Professional & Technical Services

$25M in assets, 170 participants

Redwood Software, Inc.'s Redwood Software, Inc. 401(k) Plan reported $25M in total assets and 170 participants in its 2024 DOL Form 5500 filing, ranking in the 74th 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.

  • #14,879 in Professional & Technical Services (20,173 peers)

Coverage in North Carolina

Redwood Software, Inc. 401(k) Plan covers 170 participants in North Carolina, about 21% of the average North Carolina filer (state average ~819 per filing). Assets: $25M.

#14,879
in Professional & Technical Services (20,173 peers)
+56.8%
assets growth YoY

Redwood Software, Inc. 401(k) Plan's outsized position by total assets

Redwood Software, Inc. 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$24,637,579 Top 26% higher than 74% of 123,620 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 2024

Redwood Software, Inc. 401(k) Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Redwood Software, Inc. 401(k) Plan sits mid-pack in the medium band (170 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Redwood Software, Inc. 401(k) Plan reported participants rose from 36 in the plan year 2023 filing to 170 in the plan year 2024 filing.
  • Redwood Software, Inc. 401(k) Plan reported net income rose from $3M in the plan year 2023 filing to $8M in the plan year 2024 filing.
  • Redwood Software, Inc. 401(k) Plan end-of-year assets rose from $16M in the plan year 2023 filing to $25M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 330906132 · Redwood Software, Inc. PY 2024 · 401(k)

Redwood Software, Inc. 401(k) Plan · $25M · 170 · 74th

  • PART $25M
  • TYPE 170
  • NET 74th
  • BOOK 401(k)
  • VS-ST near Physicians Pharmacy Direction Retirement Plan for Self-Employed
  • BOY ind #14879

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 Professional & Technical Services retirement plans → · Plans in North Carolina →

Redwood Software, Inc. 401(k) Plan in the asset neighbourhood

Redwood Software, Inc. 401(k) PlanRedwood Software, Inc. 401(k…$25MPhysicians Pharmacy Direction Retirement Plan for Self-EmployedPhysicians Pharmacy Directio…$25MNations Lending 401(k) Plan$25MTrade Supply Group, Inc. 401(k) Profit Sharing PlanTrade Supply Group, Inc. 401…$25MSikorsky Financial Credit Union 401(k) Savings PlanSikorsky Financial Credit Un…$25M
End-of-year total assets ($M) among Redwood Software, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

North Carolina filing particulars

Total Assets (Beginning of Year)$16M
Net Assets (End of Year)$25M
Net Income$8M
Employer EIN330906132
Plan Effective Date1998-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Redwood Software, Inc.)

Sponsor-wide plan assets over time

All Redwood Software, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$25M 260.36442800932764% vs 2022
2024 filing year
$0M$10M$20M$30M 202220232024 $6.84M $24.6M ▲ +260.2%
Year Plans Participants Total Assets
2022 1 45 $7M
2023 1 36 $16M
2024 1 170 $25M

Nearby 401(k) Plans in North Carolina

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

Redwood Software, Inc. 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -20020406080 Total assets ($B) Participants Redwood Software, Inc. 401(k) Plan, Total assets ($B): 0.024637579 · Participants: 170Redwood Software, Inc. 401(k) PlanThe Bank of America 401(k) Plan, Total assets ($B): 62.902405616 · Participants: 168963The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 16.316486587 · Participants: 39468Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 11.269744 · Participants: 27341Duke Energy Retirement Savings PlanNucor Corporation Profit Sharing and Retirement Savings Plan, Total assets ($B): 9.349291649 · Participants: 27070Nucor Corporation Profit Sharing and Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 9.231001739 · Participants: 52699Truist Financial Corporation 401(k) Savings Plan
Redwood Software, Inc. 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Redwood Software, Inc. 401(k) Plan side-by-side with 3 peers →

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

Outside North Carolina, the nearest 401(k) by assets is Physicians Pharmacy Direction Retirement Plan for Self-Employed in PA ($25M); by covered participants it is Cgt U.S. Limited/Textileather Corporation 401(k) Profit Sharing Plan in TX (170 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (170 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Redwood Software, Inc. 401(k) Plan assets move in 2024? ▼
Redwood Software, Inc. 401(k) Plan surged - up 56.8% during 2024, from $16M to $25M. Reported net income was $8M.
How have Redwood Software, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Redwood Software, Inc.'s sponsor-wide assets grew 260.4%, from $7M to $25M.
Which 401(k) plans are similar in size to Redwood Software, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Physicians Pharmacy Direction Retirement Plan for Self-Employed in PA ($25M, 174 participants).
Which 401(k) plans cover a similar participant headcount to Redwood Software, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Cgt U.S. Limited/Textileather Corporation 401(k) Profit Sharing Plan in TX (170 participants, $1M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 330906132.

Read our methodology - how this data is sourced, computed, and verified.

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