Well, your model is NOT recognized as an entity as the resources.cfg file didn't point it out. Move your model to
/redist/static_objects/NewFolder/
or
/redist/entities/NewFolder/
(Note: Make a new folder named NewFolder in Entities and static_objects.)
If your model is a .dae, move your model to
/redist/static_objects/NewFolder/
If it's a .ent, move it to here
/redist/entities/NewFolder/
The model would still show up correctly if the directory wasn't listed in the resources.cfg if the model and materials were done properly. It's an issue with the model or HPL material file, which no real information is given on either.