Plan Ledger DOL Form 5500 · updated monthly

Young Manufacturing Company, Inc.401(k)

YOUNG MANUFACTURING COMPANY, INC. 401K PLAN · BEAVER DAM, KY · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Young Manufacturing Company, Inc. reported $14,692 in plan administrative expenses for 2024: 0.26% of average plan assets, below the peer median. Employer contributions averaged $785 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 0.24% to 0.26%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Kentucky (603rd of 871), and 10,653rd of 13,661 in manufacturing. In 2024, employees put in $1.72 for every $1.00 the employer contributed; active participation has grown from 153 to 180 since 2022.

Plan summary
Net assets, end of year$6,045,920
Participants with balances101
Active participants180
Employer contributions$141,314
Employee contributions$243,061
Employer contribution per active participant$785
Average account balance$59,861
Benefits paid to participants$532,942
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.0M · 101 accts · $141K emplr
2023$5.4M · 111 accts · $152K emplr
2022$4.7M · 114 accts · $152K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$222
Total administrative$14,692
The Young Manufacturing Company, Inc. 401(k) match · 2024
Employer contribution per active participant$785
Median for plans this size$1,313
2024$785 per active participant
2023$849 per active participant
2022$996 per active participant

Young Manufacturing Company, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20241

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$14,692 · 0.26%
2023$12,967 · 0.26%
2022$12,574 · 0.24%
All plans at this employer2
YOUNG MANUFACTURING COMPANY, INC. 401K PLAN401(k)
YOUNG MANUFACTURING COMPANY, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
Similar plansManufacturing · Kentucky
Locknet KY$6.5M · 1.14%
The Freeman Corporation KY$6.2M · 0.12%
Preload, LLC KY$6.0M · 0.48%
Par 4 Plastics, Inc. KY$5.8M · 0.96%

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Source: U.S. Department of Labor, Form 5500 series, EIN 610560747 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.