Plan Ledger DOL Form 5500 · updated monthly

Yokem Motors, L.L.C.401(k)

YOKEM MOTORS, LLC 401(K) PROFIT SHARING PLAN · SHREVEPORT, LA · plan year 2023

Reported admin expense ratio · 2023
0.28%

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

Yokem Motors, L.L.C. reported $30,596 in plan administrative expenses for 2023: 0.28% of average plan assets, above the peer median. Employer contributions averaged $2,799 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 0.23% to 0.44%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other retail trade employers. By assets it is the 388th-largest of 884 plans among Louisiana employers on file, and the 2,318th of 5,215 in retail trade. In 2023, employees put in $2.10 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,703,263
Participants with balances165
Active participants131
Employer contributions$366,716
Employee contributions$770,100
Employer contribution per active participant$2,799
Average account balance$70,929
Benefits paid to participants$1,044,525
Plan auditUnmodified (clean) audit opinion
AuditorHEARD MCELROY & VESTAL, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$11.5M · 175 accts · $235K emplr
2023$11.7M · 165 accts · $367K emplr
2022$10.3M · 159 accts · $281K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$16,695
Investment management$13,901
Total administrative$30,596
The Yokem Motors, L.L.C. 401(k) match · 2023
Employer contribution per active participant$2,799
Median for plans this size$2,440
2024$1,850 per active participant
2023$2,799 per active participant
2022$2,233 per active participant

Yokem Motors, L.L.C.'s 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20234
MINNESOTA LIFE INSURANCE COMPANY · Contract administrator · Plan administrator$13,907
TRANSAMERICA RET. SOLUTIONS, LLC · Recordkeeping · Loan processing$1,707
ADMIN. GROUP, LLC DBA TAG RESOURCES · Recordkeeping · Loan processing$1,081
PHD CONSULTING LLC · Investment advisory (plan)$13,901

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

Recordkeeper by year2
2024ADMIN. GROUP, LLC DBA TAG RESOURCES, Transamerica
2023ADMIN. GROUP, LLC DBA TAG RESOURCES, Securian, Transamerica

This plan has changed recordkeepers within these filings. If you left Yokem Motors, L.L.C. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$51,509 · 0.44%
2023$30,596 · 0.28%
2022$25,353 · 0.23%
Same employer
Similar plansRetail Trade · Louisiana
David Y. Martin Jr., LLC LA$13.1M · 0.27%
Service Tool Co., LLC LA$12.1M · 1.24%
Lee Michaels Jewelers, LLC LA$11.8M · 0.01%
Lamarque Motor Company LA$11.3M · 0.14%
Shop Rite, Inc. LA$11.3M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 720693003 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.