Plan Snapshot
- Plan Sponsor: Yates Services, LLC
- Sponsor EIN: 263596498
- Sponsor Address: 983 NISSAN DRIVE, SMYRNA, TN, 37167
- Plan Type: 401(k)
- Plan Number: 502
- Total Participants: 1,798
- Total Assets: $0
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,798 | $0 | $20.6M | $6.7M |
| 2023 | 1,844 | $0 | $21.1M | $6.0M |
| 2022 | 2,065 | $0 | $19.7M | $6.0M |
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 |
|---|---|---|---|---|
| BLUE CROSS BLUE SHIELD OF TN | Recordkeeper | $986,197 | $256,595 | $1,242,792 |
| DELTA DENTAL OF TENNESSEE | Recordkeeper | $73,217 | — | $73,217 |
| MAGELLAN RX MANAGEMENT, LLC | Other Service Provider | $21,439 | — | $21,439 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,337,448
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 | $2,867,568 | — | — | $517,627 | — |
| 2023 | $3,070,401 | — | $2,238,822 | $831,579 | — |
| 2022 | $2,489,853 | — | — | — | $2,288,202 |