Plan Ledger DOL Form 5500 · updated monthly

W.G. Yates & Sons Construction Company401(k)

W.G. YATES & SONS CONSTRUCTION COMPANY EMPLOYEE TRUST · PHILADELPHIA, MS · plan year 2022

Reported admin expense ratio · 2022
0.73%

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

W.G. Yates & Sons Construction Company reported $236,294 in plan administrative expenses for 2022: 0.73% of average plan assets, higher than ~90% of peers. Employer contributions averaged $742 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Mississippi (344th of 367), and 5,025th of 5,337 in construction. In 2022, employees put in $3.36 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,285,015
Participants with balances7
Active participants2,007
Employer contributions$1,488,561
Employee contributions$5,005,959
Employer contribution per active participant$742
Average account balance$183,574
Benefits paid to participants$4,263,669
Plan auditUnmodified (clean) audit opinion
AuditorREA, SHAW. GIFFIN & STUART LLP
Plan history2
Yearassets · accounts · employer contribution
2023$0
2022$1.3M · 7 accts · $1.5M emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$107,688
Investment management$108,797
Professional / advisory$19,809
Total administrative$236,294
The W.G. Yates & Sons Construction Company 401(k) match · 2022
Employer contribution per active participant$742
Median for plans this size$2,266

W.G. Yates & Sons Construction Company's 2022 employer contribution ran below the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$236,294 · 0.73%
Similar plansConstruction · Mississippi
Moses Electric, Inc. MS$2.0M · 1.45%
Masonry Builders, Inc. FL$1.3M · 1.16%
Wal-Rose Inc FL$1.3M · 0.82%
Norhart Inc. MN$1.3M · 0.12%
4X Industrial, LLC CO$1.3M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 640429766 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.