Plan Ledger DOL Form 5500 · updated monthly

The Yates Companies, Inc.401(k)

JESCO/BLAINE 401(K) PLAN · JACKSON, MS · plan year 2024

Reported admin expense ratio · 2024
0.43%

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

The Yates Companies, Inc. reported $615,171 in plan administrative expenses for 2024: 0.43% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,654 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 rose from 0.30% to 0.43%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 18th-largest of 367 plans among Mississippi employers on file, and the 435th of 5,337 in construction. In 2024, employees put in $2.03 for every $1.00 the employer contributed; active participation has grown from 3,376 to 3,755 since 2022.

Plan summary
Net assets, end of year$154,114,327
Participants with balances1,767
Active participants3,755
Employer contributions$6,209,490
Employee contributions$12,590,222
Employer contribution per active participant$1,654
Average account balance$87,218
Benefits paid to participants$12,701,794
Plan auditUnmodified (clean) audit opinion
AuditorREA, SHAW, GIFFIN & STUART LLP
Plan history3
Yearassets · accounts · employer contribution
2024$154.1M · 1,767 accts · $6.2M emplr
2023$132.4M · 1,776 accts · $5.6M emplr
2022$106.1M · 1,578 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$278,196
Investment management$267,164
Audit (IQPA)$43,030
Total administrative$615,171
The The Yates Companies, Inc. 401(k) match · 2024
Employer contribution per active participant$1,654
Median for plans this size$3,635
2024$1,654 per active participant
2023$1,461 per active participant
2022$312 per active participant

The Yates Companies, Inc.'s 2024 employer contribution ran below the $3,635 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 · 20246
EMPOWER ANNUITY INSURANCE COMPANY · Loan processing · Recordkeeping$278,196
TRUSTMARK NATIONAL BANK · Investment advisory (plan) · Recordkeeping$185,998
EMPOWER ADVISORY GROUP, LLC · Investment management$81,166
REA SHAW GIFFIN & STUART LLP · Accounting / audit$43,030
YOUNG WELLS WILLIAMS PA · Legal$26,781

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

Recordkeeper by year2
2024Empower, TRUSTMARK NATIONAL BANK
2023Empower, TRUSTMARK NATIONAL BANK

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$615,171 · 0.43%
2023$451,698 · 0.38%
2022$248,845 · 0.30%
Similar plansConstruction · Mississippi
The Nabholz Group, Inc. AR$155.2M · 0.22%
West Virginia Laborers WV$155.1M · 0.70%
Herzog Contracting Corp. MO$154.0M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 640893270 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.