Plan Ledger DOL Form 5500 · updated monthly

Resource Innovations, Inc.401(k)

RESOURCE INNOVATIONS, INC. 401(K) RETIREMENT SAVINGS PLAN · HALF MOON BAY, CA · plan year 2024

Reported admin expense ratio · 2024
0.02%

Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works

Resource Innovations, Inc. reported $19,320 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,031 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.01% to 0.02%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,067th-largest of 9,483 plans among California employers on file, and the 1,623rd of 11,654 in professional & technical services. In 2024, employees put in $1.99 for every $1.00 the employer contributed; active participation has grown from 527 to 848 since 2022.

Plan summary
Net assets, end of year$92,794,617
Participants with balances1,184
Active participants848
Employer contributions$3,418,269
Employee contributions$6,811,110
Employer contribution per active participant$4,031
Average account balance$78,374
Benefits paid to participants$8,753,533
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$92.8M · 1,184 accts · $3.4M emplr
2023$78.3M · 1,043 accts · $1.4M emplr
2022$63.4M · 831 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,527
Investment management$9,693
Total administrative$19,320
The Resource Innovations, Inc. 401(k) match · 2024
Employer contribution per active participant$4,031
Median for plans this size$3,635
2024$4,031 per active participant
2023$1,840 per active participant
2022$1,941 per active participant

Resource Innovations, Inc.'s 2024 employer contribution ran above the $3,635 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.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
SCHWAB RETIREMENT PLAN SERVICES,INC · Recordkeeping · Investment advisory (participants)$14,346
CHARLES SCHWAB & CO., INC. · Securities brokerage$262

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$19,320 · 0.02%
2023$22,587 · 0.03%
2022$8,522 · 0.01%
Same employer
Similar plansProfessional & Technical Services · California
Legalzoom.com, Inc. CA$93.4M · 0.16%
Flexport Inc. CA$93.3M · 0.00%
Singerlewak LLP CA$92.5M · 0.02%
Execustaff HR, Inc. CA$91.3M · 0.12%
Dudek CA$90.7M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 943342927 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.