Plan Ledger DOL Form 5500 · updated monthly

Yates Services, LLC401(k)

YATES SERVICES RETIREMENT & SAVINGS PLAN · JACKSON, MS · plan year 2024

Reported admin expense ratio · 2024
0.43%

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

Yates Services, LLC reported $375,304 in plan administrative expenses for 2024: 0.43% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,005 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 0.55% 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 30th-largest of 367 plans among Mississippi employers on file, and the 664th of 5,337 in construction. In 2024, employees put in $1.09 for every $1.00 the employer contributed; active participation has grown from 1,709 to 2,035 since 2022.

Plan summary
Net assets, end of year$91,567,513
Participants with balances2,801
Active participants2,035
Employer contributions$4,079,818
Employee contributions$4,434,576
Employer contribution per active participant$2,005
Average account balance$32,691
Benefits paid to participants$8,417,869
Plan auditUnmodified (clean) audit opinion
AuditorREA, SHAW, GIFFIN & STUART LLP
Plan history3
Yearassets · accounts · employer contribution
2024$91.6M · 2,801 accts · $4.1M emplr
2023$81.8M · 2,685 accts · $4.3M emplr
2022$70.2M · 2,481 accts · $2.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$207,174
Investment management$156,811
Trustee / custodial$10,419
Total administrative$375,304
The Yates Services, LLC 401(k) match · 2024
Employer contribution per active participant$2,005
Median for plans this size$3,635
2024$2,005 per active participant
2023$2,264 per active participant
2022$1,688 per active participant

Yates Services, LLC's 2024 employer contribution ran below the $3,635 median for plans its size. 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 · 20245
EMPOWER ANNUITY INSURANCE COMPANY O · Recordkeeping · Loan processing$196,124
TRUSTMARK NATIONAL BANK · Trustee (directed) · Investment advisory (plan)$118,849
EMPOWER ADVISORY GROUP, LLC · Investment management$37,932
YOUNG WELLS WILLIAMS PA · Trustee (directed)$10,419

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
2023Empower

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

Administrative cost history3
2024$375,304 · 0.43%
2023$353,145 · 0.46%
2022$433,587 · 0.55%
Similar plansConstruction · Mississippi
The Yates Companies, Inc. MS$154.1M · 0.43%
Castle Personnel Group, LLC MS$18.5M · 0.03%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 680523908 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.