The good news is I have this lock and can help you out.
The bad news is that I have no bad news.
The "Pick Resistant" thing they are referring to most likely refers to the spool shaped top pins Schlage has included in the assembly to make it more difficult to pick. The addition of spool pins, also called security pins, doesn't make it impossible to pick though.
As you can see in the above image, the right lock is in the open position without the key. It has been picked open.
Here is an image I just took showing the disassembled cylinder, and the tools that I used to pick it open. (my favorites) I used the SouthOrd short hook and standard torsion tool. When I apply for I use light to moderate turning force. Your lock may be different, but as you can see 4 out of 5 of the top pins are spool pins. I have arrange the order of the top pins in the exact order they were when I disassembled the cylinder, and included the key as reference. Here's a closer look at them:
Another thing that made the the lock difficult for me to open was the amount of difference in the depth of cut between each pin. The pin lengths are staggered considerably. My best advice for opening any lock that contains security pins is to pick it normally, and wait for the plug to turn slightly, feeling as if it is ready to open. When this happens but the plug will not turn any more, one or more of the security pins is trapped at the sheer line. You will need to carefully probe each pin while easing off the tension you apply until you've found the pin stack that contains the trapped spool pin. While easing the tension press up on the pin until you feel it give. With many, but not all, of the locks I have picked, I have found that the pin closest to the keyway is often the only one that traps, (I picks locks from the furthest pin back to the nearest). This isn't always the case though, even with locks that I have picked many times before. Each pin stack will need to be carefully probed to see if it has a trapped spool pin.
There's a ton more advice on other places of the site regarding how to deal with security pins when trying to open a lock. And don't forget, if the lock still won't open after repeated attempts, try a different technique. Mix up your style a little. The lock may not be opening because you're doing the same wrong thing every time. Try different tools also, I've only shown the tools that I like most.
