Plan Ledger DOL Form 5500 · updated monthly

Youngwilliams, P.C.401(k)

YOUNGWILLIAMS P.C. 401(K) PROFIT SHARING PLAN · RIDGELAND, 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

Youngwilliams, P.C. reported $78,829 in plan administrative expenses for 2024: 0.43% of average plan assets, above the peer median. Employer contributions averaged $400 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 0.49% to 0.43%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 96th-largest of 367 plans among Mississippi employers on file, and the 5,591st of 11,654 in professional & technical services. In 2024, employees put in $2.99 for every $1.00 the employer contributed; active participation has shrunk from 1,221 to 996 since 2022.

Plan summary
Net assets, end of year$19,789,195
Participants with balances408
Active participants996
Employer contributions$398,449
Employee contributions$1,193,252
Employer contribution per active participant$400
Average account balance$48,503
Benefits paid to participants$1,370,806
Plan auditUnmodified (clean) audit opinion
AuditorBMSS, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$19.8M · 408 accts · $398K emplr
2023$17.2M · 404 accts · $389K emplr
2022$14.7M · 409 accts · $377K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$78,829
Total administrative$78,829
The Youngwilliams, P.C. 401(k) match · 2024
Employer contribution per active participant$400
Median for plans this size$2,416
2024$400 per active participant
2023$348 per active participant
2022$309 per active participant

Youngwilliams, P.C.'s 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$53,811
GALLAGHER FIDUCIARY ADVISORS, LLC · Investment advisory (plan)$25,017
CHARLES SCHWAB TRUST BANK · Custodial (securities)indirect comp

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

Recordkeeper by year2
2024The Standard
2023The Standard

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

Administrative cost history3
2024$78,829 · 0.43%
2023$74,046 · 0.46%
2022$79,555 · 0.49%
Same employer
Similar plansProfessional & Technical Services · Mississippi
Forman Watkins Krutz LLP MS$26.1M · 0.01%
Seemann Composites, LLC MS$21.5M · 0.16%
Waggoner Engineering, Inc. MS$10.9M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 640847009 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.