Plan Ledger DOL Form 5500 · updated monthly

Resort Retailers, Inc.401(k)

RESORT RETAILERS, INC. 401(K) PROFIT SHARING PLAN · PARK CITY, UT · plan year 2022

Employer contribution per participant · 2022
$588

Resort Retailers, Inc.'s 2022 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $2,370,822 across 37 participant accounts, with employer contributions averaging $588 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Utah (731st of 848), and 4,556th of 5,215 in retail trade. In 2022, employees put in $2.17 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,370,822
Participants with balances37
Active participants189
Employer contributions$111,156
Employee contributions$241,081
Employer contribution per active participant$588
Average account balance$64,076
Benefits paid to participants$91,525
Plan auditUnmodified (clean) audit opinion
AuditorJONES SIMKINS LLC
The Resort Retailers, Inc. 401(k) match · 2022
Employer contribution per active participant$588
Median for plans this size$1,114

Resort Retailers, Inc.'s 2022 employer contribution ran below the $1,114 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 752241419 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.