Resco Products, Inc. 401(k) Review & Grade
Resco Products, Inc. 401(k) & Profit Sharing Plan
Pittsburgh, ORManufacturing543 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$3,425Employer $ per active participant
$3,549Employee $ saved per active participant
0.21%Direct admin cost, % of plan assets
$43.5MNet plan assets, end of year
$80,434Average balance per account
Score breakdown
- Employer generosity34.2 / 5068th percentile for employer $ per participant
- Low cost13.3 / 2553th percentile for low admin cost vs. same-size plans
- Employee saving4.6 / 1531th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score45 / 100 · Grade C
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 68th |
| Lower admin cost | 53th |
| Employee saving | 31th |
| Peers that auto-enroll | 59% |
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Red flags from the filing
Late deposits: the filing says some employee contributions were not sent to the plan on time ($73,279 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
What to do if you're in this plan
- Resco Products put in about $3,425 per active participant, more than the typical peer ($2,320). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan reported late deposits of employee contributions. Compare your pay stubs with your account statements, and contact the plan administrator if money shows up late.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $1,859,853 |
| Participant (employee) contributions | $1,927,262 |
| Other contributions (incl. rollovers in) | $246,927 |
| Administrative expenses paid from the plan | $86,973 |
| Investment advisory & management fees | $43,103 |
| Benefits paid out | $4,623,651 |
| Net assets, start / end of year | $40.1M / $43.5M |
| Active participants, start / end of year | 559 / 527 |
| Participants with account balances | 541 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Schneider Downs & Co. Inc. |
Largest service providers (Schedule C)
| Empower Annuity Insurance Company O | $43,870 reported compensation |
| Edward D Jones & Co LP | $42,055 reported compensation |
| Empower Advisory Group, LLC | $1,048 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251208073408NAL0001766512001, received 2025-12-08, EIN 23-1279448, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.