RESOURCE MANAGEMENT GROUP, INC. 401(K) PLAN
Plan Contact
- Address: 5620 W. CERMAK RD.,CICERO,IL
- Contact person: STEVEN SWERDLOFF
- Phone: (708) 652-3636
Plan General Information
RESOURCE MANAGEMENT GROUP, INC. 401(K) PLAN Total Retirement Plan Assets
At the end of 2022, the total retirement plan assets of RESOURCE MANAGEMENT GROUP, INC. 401(K) PLAN is $236,477.00.This plan was established in 2018.
RESOURCE MANAGEMENT GROUP, INC. 401(K) PLAN Total Number of Retirement Plan Participants
At the end of 2022, the total number of retirement plan participants in RESOURCE MANAGEMENT GROUP, INC. 401(K) PLAN is 764
RESOURCE MANAGEMENT GROUP, INC. 401(K) PLAN Average Participant Retirement Account Value
In 2022, the average participant retirement account value for RESOURCE MANAGEMENT GROUP, INC. 401(K) PLAN is $309.00
RESOURCE MANAGEMENT GROUP, INC. 401(K) PLAN Estimated Average Employee Contribution Amount
In 2022, the estimated average employee contribution amount per participant for RESOURCE MANAGEMENT GROUP, INC. 401(K) PLAN is $57.00.
RESOURCE MANAGEMENT GROUP, INC. 401(K) PLAN Estimated Average Employer Match
In 2022, the estimated average employer match for an employee in RESOURCE MANAGEMENT GROUP, INC. 401(K) PLAN is approximately $33.00
Investing in this additonal $33.00 for 20 years would give you extra $2,143.00, assuming a 10% annual return.
Investing in this additonal $33.00 for 20 years would give you extra $2,143.00, assuming a 10% annual return.
RESOURCE MANAGEMENT GROUP, INC. 401(K) PLAN Total Employer Contribution and Match Rate
In 2022, RESOURCE MANAGEMENT GROUP, INC. 401(K) PLAN allocates $25,590.00 to match its employees' contributions, providing an employer match rate of 55.32% of their contributions
RESOURCE MANAGEMENT GROUP, INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate
In 2022, the total retirement plan asset growth rate of RESOURCE MANAGEMENT GROUP, INC. 401(K) PLAN is -16.38%.
RESOURCE MANAGEMENT GROUP, INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2022, the estimated aggregate retirement account investment gain/loss for RESOURCE MANAGEMENT GROUP, INC. 401(K) PLAN is -20.35%. This measures the effectiveness of the plan participants' investments in the year.
RESOURCE MANAGEMENT GROUP, INC. 401(K) PLAN Expense Ratio
In 2022, the investment and administrative expense ratio of RESOURCE MANAGEMENT GROUP, INC. 401(K) PLAN is 1.03%.
Enrollment Features
RESOURCE MANAGEMENT GROUP, INC. 401(K) PLAN has the following features:Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.
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