Plan Ledger DOL Form 5500 · updated monthly

Young Electric Sign Company401(k)

YOUNG ELECTRIC SIGN COMPANY PROFIT SHARING 401(K) RETIREMENT PLAN AND TRUST · SALT LAKE CITY, UT · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Young Electric Sign Company reported $154,485 in plan administrative expenses for 2024: 0.16% of average plan assets, above the peer median. Employer contributions averaged $3,004 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 0.17% to 0.16%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 80th-largest of 848 plans among Utah employers on file, and the 1,823rd of 13,661 in manufacturing. In 2024, employees put in $1.96 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$106,307,445
Participants with balances1,227
Active participants878
Employer contributions$2,637,614
Employee contributions$5,157,967
Employer contribution per active participant$3,004
Average account balance$86,640
Benefits paid to participants$6,095,719
Plan auditUnmodified (clean) audit opinion
AuditorHBME, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$106.3M · 1,227 accts · $2.6M emplr
2023$91.8M · 1,199 accts · $2.3M emplr
2022$75.8M · 1,165 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$154,485
Total administrative$154,485
The Young Electric Sign Company 401(k) match · 2024
Employer contribution per active participant$3,004
Median for plans this size$3,635
2024$3,004 per active participant
2023$2,734 per active participant
2022$1,690 per active participant

Young Electric Sign Company'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 · 20249
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$87,164
MARINER INSTITUTIONAL · Contract administrator · Investment advisory (participants)$65,145
MORETON & COMPANY · Insurance broker · Insurance services$17,912
THE COOK GROUP · Valuation$15,140
SALT LAKE CITY CORPORATION · Other services$7,257
FIRETROL PROTECTION SYSTEMS · Other services$6,974
DAVID LLOYD, INC. TOTAL · Other services$6,391
PROFESSIONAL ELECTRICAL SERVICES · Other services$5,680
HBME, LLC · Accounting / auditindirect comp

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$154,485 · 0.16%
2023$178,756 · 0.21%
2022$135,720 · 0.17%
Similar plansManufacturing · Utah
Usana Health Sciences, Inc. UT$126.3M · 0.17%
Ultradent Products, Inc. UT$110.2M · 0.21%
Campbell Scientific, Inc. UT$107.2M · 0.71%
Thatcher Group, Inc. UT$100.8M · 0.17%
Js&S (Water Holdings) Inc. UT$95.9M · 0.28%
Snap One, LLC UT$91.8M · 0.33%
Nutraceutical Corporation UT$63.4M · 0.18%

Why are you looking at this plan?

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Source: U.S. Department of Labor, Form 5500 series, EIN 870212261 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.