Resideo Technologies, Inc. 401(k) Review & Grade
Resideo Technologies, Inc. 401(k) Plan
Scottsdale, AZWholesale Trade3,086 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$5,634Employer $ per active participant
$8,577Employee $ saved per active participant
0.11%Direct admin cost, % of plan assets
$277.1MNet plan assets, end of year
$78,395Average balance per account
Score breakdown
- Employer generosity43.6 / 5087th percentile for employer $ per participant
- Low cost13.4 / 2554th percentile for low admin cost vs. same-size plans
- Employee saving13.5 / 1590th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score81 / 100 · Grade A
This plan vs. peers
Peers: Wholesale Trade plans with 2,500–9,999 active participants (103 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 87th |
| Lower admin cost | 54th |
| Employee saving | 90th |
| Peers that auto-enroll | 62% |
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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
- Resideo Technologies put in about $5,634 per active participant, more than the typical peer ($2,459). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- 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.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- 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 | $17,382,472 |
| Participant (employee) contributions | $26,463,965 |
| Other contributions (incl. rollovers in) | $5,806,262 |
| Administrative expenses paid from the plan | $277,034 |
| Benefits paid out | $31,925,211 |
| Net assets, start / end of year | $221.4M / $277.1M |
| Active participants, start / end of year | 3,030 / 3,141 |
| Participants with account balances | 3,535 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Crowe LLP |
Largest service providers (Schedule C)
| Fidelity Invsmts Inst. Op. Comp LLC | $239,242 reported compensation |
| Crowe LLP | $37,792 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251010155809NAL0008436769001, received 2025-10-10, EIN 82-5318796, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.