Plan Ledger DOL Form 5500 · updated monthly

Resource Management, Inc.401(k)

RESOURCE MANAGEMENT, INC. 401(K) PLAN · SALT LAKE CITY, UT · plan year 2024

Reported admin expense ratio · 2024
0.59%

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

Resource Management, Inc. reported $1,602,240 in plan administrative expenses for 2024: 0.59% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,400 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 3 years on file its reported administrative ratio has held roughly steady near 0.59%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other professional & technical services employers. By assets it is the 22nd-largest of 848 plans among Utah employers on file, and the 569th of 11,654 in professional & technical services. In 2024, employees put in $2.38 for every $1.00 the employer contributed; active participation has grown from 7,803 to 8,608 since 2022.

Plan summary
Net assets, end of year$297,467,199
Participants with balances6,832
Active participants8,608
Employer contributions$12,053,542
Employee contributions$28,719,400
Employer contribution per active participant$1,400
Average account balance$43,540
Benefits paid to participants$31,939,707
Plan auditUnmodified (clean) audit opinion
AuditorHBME, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$297.5M · 6,832 accts · $12.1M emplr
2023$242.3M · 6,392 accts · $9.7M emplr
2022$194.0M · 6,420 accts · $8.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,602,240
Total administrative$1,602,240
The Resource Management, Inc. 401(k) match · 2024
Employer contribution per active participant$1,400
Median for plans this size$4,294
2024$1,400 per active participant
2023$1,181 per active participant
2022$1,113 per active participant

Resource Management, Inc.'s 2024 employer contribution ran below the $4,294 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 · 20243
UNITED 401(K) PLANS, INC. · Plan administrator$1,159,727
GLOBAL RETIREMENT PARTNERS, LLC · Investment advisory (plan)$427,282
UMA FINANCIAL SERVICES · Investment advisory (plan)$18,571

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$1,602,240 · 0.59%
2023$1,301,485 · 0.60%
2022$1,213,107 · 0.61%
Same employer
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R1 Rcm Holdco Inc. UT$664.7M · 0.22%
Qualtrics LLC UT$445.8M · 0.04%
Sorenson Communications LLC. UT$316.5M · 0.03%
Ivanti, Inc. UT$216.4M · 0.09%
Pluralsight, LLC UT$168.8M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 870499948 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.