Plan Snapshot
- Plan Sponsor: Resource Logistics INC.
- Sponsor EIN: 223529088
- Sponsor Address: 39 MILLTOWN ROAD, EAST BRUNSWICK, NJ, 08816
- Plan Type: 401(k)
- Total Participants: 257
- Total Assets: $4.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 257 | $4.1M | $0 | $588,765 |
| 2023 | 235 | $4.4M | $0 | $811,213 |
| 2022 | 242 | $3.6M | $0 | $948,776 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| JOSEPH CHEN AND ZHU, LLP | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $43,843 | $14,435 | — | — | — |
| 2023 | $6,556 | — | — | $5,500 | — |
| 2022 | $294 | — | — | — | — |