Plan Ledger DOL Form 5500 · updated monthly

Resource Technology Corporation401(k)

THE LEAD GROUP OF COMPANIES, INC. 401(K) SAVINGS PLAN · TROY, MI · plan year 2024

Reported admin expense ratio · 2024
0.45%

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

Resource Technology Corporation reported $78,301 in plan administrative expenses for 2024: 0.45% of average plan assets, above the peer median. Employer contributions averaged $62 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 0.42% to 0.45%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 1,115th-largest of 2,619 plans among Michigan employers on file, and the 2,068th of 4,246 in wholesale trade. In 2024, employees put in $70.69 for every $1.00 the employer contributed; active participation has shrunk from 197 to 176 since 2022.

Plan summary
Net assets, end of year$17,991,330
Participants with balances488
Active participants176
Employer contributions$10,959
Employee contributions$774,709
Employer contribution per active participant$62
Average account balance$36,867
Benefits paid to participants$1,562,957
Plan auditUnmodified (clean) audit opinion
AuditorGORDON ADVISORS, P. C.
Plan history3
Yearassets · accounts · employer contribution
2024$18.0M · 488 accts · $11K emplr
2023$16.8M · 492 accts · $15K emplr
2022$15.4M · 461 accts · $12K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$44,504
Investment management$33,797
Total administrative$78,301
The Resource Technology Corporation 401(k) match · 2024
Employer contribution per active participant$62
Median for plans this size$2,416
2024$62 per active participant
2023$74 per active participant
2022$63 per active participant

Resource Technology Corporation's 2024 employer contribution ran below the $2,416 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
THE VANGUARD GROUP, INC. · Recordkeeping · Loan processing$44,504
BANK OF ANN ARBOR · Investment advisory (plan)$33,797

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

Recordkeeper by year2
2024Vanguard
2023HUNTINGTON NATIONAL BANK, Vanguard

This plan has changed recordkeepers within these filings. If you left Resource Technology Corporation before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$78,301 · 0.45%
2023$71,539 · 0.44%
2022$71,352 · 0.42%
Same employer
Similar plansWholesale Trade · Michigan
Terminal Supply Co. MI$20.5M · 0.05%
Rassini International, Inc. MI$20.0M · 0.69%
O & W, Inc. MI$18.6M · 0.44%
Brenner Oil Company MI$16.8M · 0.33%
H. Eikenhout & Sons, Inc. MI$16.4M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382959323 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.