Resource Label Group, LLC 401(k) Review & Grade
Resource Label Group, LLC Section 401(k) Profit Sharing Plan
Franklin, TNManufacturing1,802 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,226Employer $ per active participant
$4,076Employee $ saved per active participant
0.34%Direct admin cost, % of plan assets
$98.7MNet plan assets, end of year
$43,427Average balance per account
Score breakdown
- Employer generosity11.7 / 5023th percentile for employer $ per participant
- Low cost9.1 / 2536th percentile for low admin cost vs. same-size plans
- Employee saving5.7 / 1538th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score29 / 100 · Grade F
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 23th |
| Lower admin cost | 36th |
| Employee saving | 38th |
| Peers that auto-enroll | 59% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Resource Label Group put in about $1,226 per active participant, below the typical peer ($2,320). Any match is still an instant return, so contribute enough to get all of it.
- 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.
- 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 | $2,209,513 |
| Participant (employee) contributions | $7,342,259 |
| Other contributions (incl. rollovers in) | $5,909,350 |
| Administrative expenses paid from the plan | $311,939 |
| Benefits paid out | $12,973,821 |
| Net assets, start / end of year | $86.0M / $98.7M |
| Active participants, start / end of year | 1,700 / 1,903 |
| Participants with account balances | 2,272 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Forvis Mazars |
Largest service providers (Schedule C)
| Empower Annuity Insurance Company O | $311,989 reported compensation |
| Northwestern Mutual Investment Svcs | $126,373 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015131220NAL0006362944001, received 2025-10-15, EIN 62-1622991, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.