Financial Resources Group Invest 401(k) match, vesting and fees
What Financial Resources Group Invest's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | ADP, Inc. | Schedule C ↗ |
| Independent auditor | Lavine Lofgren Morris&Engelberg LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 3,409 defined-contribution plans in finance and insurance with 100 to 499 participants.
| Financial Resources Group Invest: employer contribution per participant | $3,972 | |
| Peer median | $2,868 |
| Financial Resources Group Invest: average balance | $114,670 | |
| Peer median | $95,281 |
| Financial Resources Group Invest: admin expenses ÷ assets | 0.18% | |
| Peer median | 0.22% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $17.1M at the end of plan year 2021 to $24.5M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 238 | $24.5M | $850K | $3,972 | 0.18% | Not published | Form 5500 ↗ |
| 2023 | 241 | $20.2M | $400K | $1,852 | 0.16% | Not published | Form 5500 ↗ |
| 2022 | 243 | $15.7M | $300K | $1,546 | 0.16% | Not published | Form 5500 ↗ |
| 2021 | 176 | $17.1M | $265K | $1,667 | 0.16% | Not published | Form 5500 ↗ |
Common questions
Does Financial Resources Group Invest match 401(k) contributions?
The match terms for the Financial Resources Group Investment Services, LLC Profit have not been published from its filing yet. The plan year 2024 filing reports $850K in employer contributions, about $3,972 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Financial Resources Group Invest 401(k) match vested?
The vesting schedule for the Financial Resources Group Investment Services, LLC Profit is not in the data published so far. Your Summary Plan Description states it.
Who manages the Financial Resources Group Invest 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is ADP, Inc.. The plan administrator is Financial Resources Group Invest.
I left Financial Resources Group Invest. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Financial Resources Group Invest, (704) 816-8000) or the recordkeeper, ADP, Inc.. The Financial Resources Group Invest old 401(k) page lists the contacts from every plan filing. Find an old Financial Resources Group Invest 401(k)
Data from the public Form 5500 annual reports Financial Resources Group Invest filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Financial Resources Group Invest. Not financial advice. Report a correction · Methodology