Resource Management, Inc. 401(k) Plan (terminated 2022): Login, Facts & Contact Information

Plan terminated

This plan was terminated. Its final Form 5500 covers plan year 2022, when $14.9 million was transferred out of the plan. Assets moved to the VENSURE EMPLOYER SERVICES, INC. 401(K) PROFIT SHARING PLAN (sponsored by VENSURE EMPLOYER SERVICES, INC.). If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.

Resource Management, Inc. 401(k) Plan Facts (plan year 2022)

Plan name
RESOURCE MANAGEMENT, INC. 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
RESOURCE MANAGEMENT, INC.
Participants
999
Former employees with a balance
0
Employer contributions
$505,052 in plan year 2022 (28% of all contributions)
Recordkeeper
Pinnacle Financial Services, Inc.
Plan year
Jan 1, 2022 – Nov 30, 2022
Plan established
Jan 1, 2017
✓ Employer contributions— Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2022 (Jan 1, 2022 – Nov 30, 2022), filed Nov 8, 2023. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2022

  • $1.83 million went into the plan in contributions, $505,052 of it from the employer (28%).
  • $4.19 million was paid out to participants.

How the Resource Management, Inc. 401(k) changed, 2017–2022

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20172$3.80 million$66,653$79,088
2018176$6.75 million$336,509$662,084
2019359$13.1 million$538,688$1.02 million
2020755$16.3 million$529,967$1.04 million
2021900$19.6 million$577,613$1.39 million
2022 (final)999$0$505,052$4.19 million

Resource Management, Inc. 401(k) Contact Information

Phone
800-508-0048
Mailing address
281 MAIN STREET, FITCHBURG MA 01420
Plan sponsor
RESOURCE MANAGEMENT, INC.
Plan administrator
NPPG FIDUCIARY SERVICES
Employer identification number (EIN)
04-3281987
Plan number
333

Questions about the Resource Management, Inc. 401(k)

Is the Resource Management, Inc 401(k) plan still active?

No. The plan's final Form 5500 was filed for plan year 2022. Its assets were transferred to the VENSURE EMPLOYER SERVICES, INC. 401(K) PROFIT SHARING PLAN.

Does Resource Management, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2022 the employer contributed $505,052, 28% of all contributions.

Does the Resource Management, Inc 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Resource Management, Inc 401(k) plan?

999 participants at the start of plan year 2022.

Who manages the Resource Management, Inc 401(k) accounts?

Transamerica (listed on the filing as PINNACLE FINANCIAL SERVICES, INC.) is the plan's recordkeeper, which is where participants log in to see their balance.

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