Plan Ledger DOL Form 5500 · updated monthly

Resource Label Group LLC401(k)

RESOURCE LABEL GROUP LLC SECTION 401K PROFIT SHARING PLAN · FRANKLIN, TN · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

Resource Label Group LLC reported $311,939 in plan administrative expenses for 2024: 0.34% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,161 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 0.25% to 0.34%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 164th-largest of 1,496 plans among Tennessee employers on file, and the 1,936th of 13,661 in manufacturing. In 2024, employees put in $3.32 for every $1.00 the employer contributed; active participation has grown from 997 to 1,903 since 2022.

Plan summary
Net assets, end of year$98,666,567
Participants with balances2,272
Active participants1,903
Employer contributions$2,209,513
Employee contributions$7,342,259
Employer contribution per active participant$1,161
Average account balance$43,427
Benefits paid to participants$12,973,821
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$98.7M · 2,272 accts · $2.2M emplr
2023$86.0M · $1.7M emplr
2022$67.3M · 1,165 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$311,939
Total administrative$311,939
The Resource Label Group LLC 401(k) match · 2024
Employer contribution per active participant$1,161
Median for plans this size$3,635
2024$1,161 per active participant
2022$1,468 per active participant

Resource Label Group LLC's 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom quarter of its peers. 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
NORTHWESTERN MUTUAL INVESTMENT SVCSindirect comp

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

Administrative cost history3
2024$311,939 · 0.34%
2023$208,391 · 0.27%
2022$170,449 · 0.25%
Same employer
Similar plansManufacturing · Tennessee
Lallemand USA, Inc. TN$102.2M · 0.17%
Carlex Glass America, LLC TN$102.1M · 0.26%
Deroyal Industries, Inc. TN$101.4M · 0.03%
Granges Americas Inc. TN$97.9M · 0.31%
Workwear Outfitters, LLC TN$90.3M · 0.19%
Permobil, Inc TN$82.9M · 0.25%
Stratas Foods LLC TN$82.8M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 621622991 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.