Plan Snapshot
- Plan Sponsor: The Yahnis Company
- Sponsor EIN: 571090832
- Sponsor Address: 1864 HUSTED ROAD, CONWAY, SC, 29526
- Plan Type: 401(k)
- Total Participants: 178
- Total Assets: $13.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 178 | $13.8M | $207,330 | $449,952 |
| 2023 | 183 | $11.8M | $188,206 | $414,278 |
| 2022 | 162 | $9.6M | $169,707 | $364,788 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| PARSEC FINANCIAL MANAGEMENT, INC. | NONE | $31,202 | — | $31,202 |
| THE RETIREMENT PLAN COMPANY | RECORDKEEPER | $25,358 | — | $25,358 |
| MCGREGOR AND COMPANY LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PARSEC FINANCIAL MANAGEMENT, INC. — NONE
- THE RETIREMENT PLAN COMPANY — RECORDKEEPER
- MCGREGOR AND COMPANY LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $56,560
- Estimated Expense Ratio: 0.411% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $56,560 | $31,202 | $6,165 | — | — |
| 2023 | $48,472 | $27,121 | — | — | — |
| 2022 | $48,583 | $27,292 | — | — | $21,291 |