Plan Snapshot
- Plan Sponsor: Yates Industries, INC.
- Sponsor EIN: 381999443
- Sponsor Address: 23050 INDUSTRIAL DIRVE E, ST CLAIR SHORES, MI, 48080
- Plan Type: 401(k)
- Total Participants: 189
- Total Assets: $8.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 189 | $8.2M | $99,855 | $847,434 |
| 2023 | 183 | $6.7M | $99,795 | $735,605 |
| 2022 | 169 | $5.1M | $76,860 | $600,687 |
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 |
|---|---|---|---|---|
| FENNER MELSTROM & DOOLING | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FENNER MELSTROM & DOOLING — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $11,918 | — | — | — | — |
| 2023 | $9,128 | — | — | — | — |
| 2022 | $9,139 | — | — | — | — |