Plan Ledger DOL Form 5500 · updated monthly

The Yahnis Company401(k)

THE YAHNIS COMPANY 401(K) PLAN · CONWAY, SC · plan year 2024

Reported admin expense ratio · 2024
0.44%

Peer grade: C · admin costs + employer contributions vs same-size plans · how grading works

The Yahnis Company reported $56,560 in plan administrative expenses for 2024: 0.44% of average plan assets, above the peer median. Employer contributions averaged $1,165 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.47% to 0.44%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 356th-largest of 807 plans among South Carolina employers on file, and 2,494th of 4,246 in wholesale trade. In 2024, employees put in $2.17 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,769,913
Participants with balances118
Active participants178
Employer contributions$207,330
Employee contributions$449,952
Employer contribution per active participant$1,165
Average account balance$116,694
Benefits paid to participants$479,693
Plan auditUnmodified (clean) audit opinion
AuditorMCGREGOR AND COMPANY LLC
Plan history3
Yearassets · accounts · employer contribution
2024$13.8M · 118 accts · $207K emplr
2023$11.8M · 111 accts · $188K emplr
2022$9.6M · 100 accts · $170K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$25,358
Investment management$31,202
Total administrative$56,560
The The Yahnis Company 401(k) match · 2024
Employer contribution per active participant$1,165
Median for plans this size$2,416
2024$1,165 per active participant
2023$1,028 per active participant
2022$1,048 per active participant

The Yahnis Company's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
PARSEC FINANCIAL MANAGEMENT, INC. · Trustee$31,202
THE RETIREMENT PLAN COMPANY$25,358

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$56,560 · 0.44%
2023$48,472 · 0.45%
2022$48,583 · 0.47%
Same employer
Similar plansWholesale Trade · South Carolina
North American Rescue, LLC SC$14.4M · 0.58%
Gateway Supply Co Inc SC$14.1M · 0.34%
Hartmann USA, Inc. SC$14.0M · 0.05%
Epting Distributors, Inc SC$12.3M · 0.30%
Prym Consumer USA Inc. SC$12.3M · 0.04%
Vis, LLC SC$12.1M · 0.52%

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Source: U.S. Department of Labor, Form 5500 series, EIN 571090832 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.