Recycling Management Resources, LLC 401(K) Plan — Form 5500 plan (Recycling Management Resources, LLC)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Recycling Management Resources, LLC 401(K) Plan is a benefit plan reported by Recycling Management Resources, LLC under EIN 26-1723297 and plan number 002. The latest loaded filing year is 2023. The filing reports 375 participants and $11,044,270 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$11MPlan net assets, end of year$11,044,270
Participants375Covered participants reported
Assets / participant$29.5KComputed: assets ÷ participants$29,451 (computed)
Provider compensation$7.3K4 Schedule C provider row(s)$7,300
Plan sponsor
Recycling Management Resources, LLC
EIN
26-1723297
Plan number
002
Plan type
2
Location
Parsippany, NJ
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023375H, C20241008141944NAL0008450243001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$11M total assets
Net assets$11MLiabilities$0
Money in vs. money out
Total income / additions$3M
Total expenses$533.9K
Benefits paid / distributions$472.5K
Contributions
Employer$368.3K
Participant$712.7K
Full reported line items

Net assets

Total assets (EOY)
$11,044,270
Total liabilities (EOY)
$0
Net assets (EOY)
$11,044,270
Net assets (BOY)
$8,550,986

Income & contributions

Employer contributions
$368,285
Participant contributions
$712,716
Total contributions
$1,286,560
Total income / additions
$3,027,157

Expenses & distributions

Benefits paid
$472,492
Administrative expenses
$61,381
Total expenses
$533,873
Net increase / (decrease)
$2,493,284
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 34%Participant 66%
Total expenses ÷ net assets5%Computed ratio
Benefits paid ÷ total income16%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Red Bank Pension Services, Inc.TPA$0$4,3612023
MorningstarINVESTMENT ADVISOR$0$1,4932023
Voya Retirement Ins. & Annuity Co.SERVICE PROVIDER$720$62023
Morningstar Investment ManagementINVESTMENT ADVISORY$720$02023

Related Form 5500 pages