Plan Snapshot
- Plan Sponsor: The Yates Companies, INC.
- Sponsor EIN: 640893270
- Sponsor Address: P.O. BOX 291, JACKSON, MS, 39205
- Plan Type: 401(k)
- Total Participants: 3,755
- Total Assets: $154.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 3,755 | $154.1M | $6.2M | $12.6M |
| 2023 | 3,862 | $132.4M | $5.6M | $11.3M |
| 2022 | 3,376 | $106.1M | $1.1M | $4.0M |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | NONE | $278,196 | — | $278,196 |
| TRUSTMARK NATIONAL BANK | NONE | $185,998 | — | $185,998 |
| EMPOWER ADVISORY GROUP, LLC | NONE | $81,166 | — | $81,166 |
| REA SHAW GIFFIN & STUART LLP | NONE | $43,030 | — | $43,030 |
| REA, SHAW, GIFFIN & STUART LLP | Auditor | $43,030 | — | $43,030 |
| YOUNG WELLS WILLIAMS PA | NONE | $26,781 | — | $26,781 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- YOUNG WELLS WILLIAMS PA — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $658,201
- Estimated Expense Ratio: 0.427% 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 | $615,171 | $267,164 | — | $43,030 | — |
| 2023 | $451,698 | $199,879 | — | $47,275 | — |
| 2022 | $248,845 | $102,408 | $9,887 | — | $23,540 |