Plan Snapshot
- Plan Sponsor: Yates, LLC
- Sponsor EIN: 873779035
- Sponsor Address: 2800 CENTURY PKWY NE STE 300, ATLANTA, GA, 303453140
- Plan Type: 401(k)
- Total Participants: 130
- Total Assets: $25.0M
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 | 130 | $25.0M | $237,390 | $1.2M |
| 2023 | 120 | $23.5M | $0 | $895,586 |
| 2022 | 112 | $21.8M | $195,645 | $898,197 |
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 |
|---|---|---|---|---|
| MERRILL LYNCH PIERCE FENNER & SMITH | Investment Advisor | $60,388 | — | $60,388 |
| EMPOWER ANNUITY INSURANCE COMPANY O | Recordkeeper | $46,268 | — | $46,268 |
| ASCENSUS HOLDINGS INC DBA FUTUREPLA | Other Service Provider | $5,249 | $9,405 | $14,654 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $121,310
- Estimated Expense Ratio: 0.486% 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 | $112,029 | $60,512 | $5,249 | — | — |
| 2023 | $107,844 | — | $107,844 | — | — |
| 2022 | $85,185 | — | $85,185 | — | — |