Providers › Recordkeeping and administration
Service provider · Schedule C, plan year 2024
Red Bank Pension Services, Inc.
Most often reported for recordkeeping and administration
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. Schedule C lists only providers a plan paid $5,000 or more, and is filed only by plans with 100 or more participants.
Red Bank Pension Services, Inc. is named as a service provider on the Schedule C of 25 retirement plans with 100 or more participants for plan year 2024, covering 9,670 participant records. Most often it is reported for recordkeeping and administration.
Reported compensation from those plans, direct and indirect, totalled $175K. Per plan, the median was $16.99 per participant, with the middle half of plans between $8.87 and $30.46. These are amounts plans reported paying this organisation, not a price list: they depend on which services each plan buys and on how much is paid through fund expenses instead.
Its client plans are most numerous in New Jersey (19), New York (4) and Florida (1).
In 2014 it appeared on 5 such filings; in 2024, 25. Yearly counts include every filing that names it, so they can run slightly above the number of plans with pages here, and name or EIN changes after mergers can break the series.
Reported compensation per plan
| Across this provider's plans | 25th percentile | Median | 75th percentile |
|---|---|---|---|
| Compensation per participant | $8.87 | $16.99 | $30.46 |
| Compensation as a share of plan net assets | 0.03% | 0.04% | 0.05% |
What each plan reported paying this organisation, not the plan's total cost. For reference, the median US defined contribution plan reported $123 per participant to all Schedule C providers combined.
Plans served by year
Matched by employer identification number. A merger or a change of filing entity starts a new series, so a drop to zero is not a loss of clients by itself.
By state
By plan size
Services reported
Largest plans naming this provider
| Plan | Sponsor | State | Participants | Net assets | Reported to this provider |
|---|---|---|---|---|---|
| I.A.T.S.E. Local 21 401(k) Plan | I.A.T.S.E. Local 21 | NJ | 1,213 | $17.9M | $8,007 |
| Jet East Gama 401(k) Plan | Gama Aviation (Engineering) Inc. | FL | 1,003 | $34.0M | $8,900 |
| Tris Pharma 401(k) Plan | Tris Pharma, Inc. | NJ | 910 | $49.7M | $14K |
| Fonar Corporation 401(k) Plan | Fonar Corporation | NY | 856 | $50.1M | $6,500 |
| Ferreira Construction Co., Inc. 401(k) and Profit Sharing Plan | Ferreira Construction Co., Inc. | NJ | 758 | $38.6M | $8,493 |
| Impact XM Retirement Plan | Impact Unlimited, Inc. d/b/a Impact XM | NJ | 457 | $27.4M | $14K |
| Celebrate the Children, Inc. Safe Harbor 401(k) Plan | Celebrate the Children, Inc. | NJ | 453 | $11.8M | $12K |
| The Arc of Essex County, Inc. 401(k) Plan | The Arc of Essex County, Inc. | NJ | 389 | $16.4M | $7,620 |
| Recycling Management Resources, LLC 401(k) Plan | Recycling Management Resources, LLC | NJ | 354 | $13.9M | $5,559 |
| Clove Lakes Health Care and Rehabilitation Center, Inc. 401(k) Plan | Clove Lakes Health Care and Rehabilitation Center, Inc. | NY | 328 | $8.1M | $2,450 |
| Russo Development 401(k) Plan | Russo Development, LLC | NJ | 279 | $15.7M | $5,973 |
| NJ Lenders 401(k) Plan | NJ Lenders Corp. | NJ | 274 | $22.8M | $18K |
| Atlantic Physical Therapy Center 401(k) Profit Sharing Plan | Atlantic Physical Therapy Center | NJ | 271 | $9.4M | $2,183 |
| Amp, LLC 401(k) Plan | Apartment Management Professionals, LLC | MI | 222 | $2.5M | $1,075 |
| The Beverage Works Union 401(k) Plan | The Beverage Works New York, Inc. | NJ | 209 | $442K | $3,551 |
| A.J. Jersey, Inc. Employees Profit Sharing 401(k) Plan | A.J. Jersey, Inc. | NJ | 205 | $18.6M | $2,850 |
| Brown's of Bellport 401(k) Plan | Brown's of Bellport, Inc. | NY | 204 | $7.1M | $1,800 |
| Camden County Partnership for Children 401(k) Plan | Camden County Partnership for Children | NJ | 189 | $11.9M | $5,038 |
| RPM Management Profit Sharing Plan | RPM Management, LLC | NJ | 172 | $26.6M | $10K |
| Technology Dynamics, Inc. 401(k) Retirement Plan | Technology Dynamics, Inc. | NJ | 168 | $7.3M | $14K |
| Little Hill Foundation 401(k) Profit Sharing Plan and Trust | Little Hill Foundation | NJ | 165 | $4.4M | $1,937 |
| Ncaar, Inc. Profit Sharing Plan | National Center for Advocacy and Recovery, Inc. | NJ | 154 | $9.8M | $5,140 |
| The Calais School 401(k) Plan | The Calais School | NJ | 148 | $3.5M | $5,530 |
| Flexcraft 401(k) Plan | Holocraft Corporation d/b/a Flexcraft Company | NJ | 146 | $3.8M | $3,813 |
| Agricultural Bank of China 401(k) Plan | Agricultural Bank of China 401(k) Plan | NY | 143 | $12.8M | $5,729 |
Questions and answers
How many plans does Red Bank Pension Services, Inc. serve?
25 plans with 100 or more participants named it on Schedule C for plan year 2024. Plans that paid it under $5,000, small plans that file Form 5500-SF, and plans whose filings spell its name without an EIN under a different form are not counted.
What do plans pay Red Bank Pension Services, Inc.?
The median plan reported $16.99 per participant in direct and indirect compensation (25 plans reporting an amount), or 0.04% of plan net assets. Eligible indirect compensation disclosed to the plan by formula is not reported as a dollar amount, so many filings understate what a provider receives.
What services are reported?
The service codes most often attached to it are Other services (9 plans), Contract Administrator (6 plans), Recordkeeping and information management (5 plans) and Participant loan processing (5 plans).
Where does this come from?
Schedule C of Form 5500, Part I line 2, from the EBSA research files with filings received through 24 Aug 2026. Individuals named on Schedule C are excluded from this site.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, Schedule C Part I line 2, public domain, with filings received through 24 Aug 2026. Rows are grouped by the provider's EIN as entered by each plan; rows without an EIN join the EIN most often filed under the same name. Providers named on fewer than 25 plans have no page. See the methodology and corrections.