Plan Snapshot
- Plan Sponsor: Resource Technology Corporation
- Sponsor EIN: 382959323
- Sponsor Address: 431 STEPHENSON HIGHWAY, TROY, MI, 48083
- Plan Type: 401(k)
- Total Participants: 176
- Total Assets: $18.0M
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 | 176 | $18.0M | $10,959 | $774,709 |
| 2023 | 206 | $16.8M | $15,243 | $872,924 |
| 2022 | 197 | $15.4M | $12,382 | $874,559 |
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 |
|---|---|---|---|---|
| GORDON ADVISORS, P. C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GORDON ADVISORS, P. C. — Auditor
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 | $78,301 | $33,797 | $44,504 | — | — |
| 2023 | $71,539 | $2,527 | $6,436 | — | — |
| 2022 | $71,352 | — | — | — | — |