Retirement plan

YORK CAPITAL MANAGEMENT 401(K) PLAN

Name: YORK CAPITAL MANAGEMENT (US) ADVISORS, L.P. - YORK CAPITAL MANAGEMENT 401(K) PLAN (2024) Form 5500
Creator: YORK CAPITAL MANAGEMENT (US) ADVISORS, L.P.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, YORK CAPITAL MANAGEMENT 401(K) PLAN, YORK CAPITAL MANAGEMENT (US) ADVISORS, L.P.

YORK CAPITAL MANAGEMENT (US) ADVISORS, L.P.EIN 26-3971819Plan #001PY 2024

1330 AVENUE OF THE AMERICAS, 20TH FLOOR - NEW YORK, NY 10019212-300-1307yorkcapital.comLinkedIn51-200 employeesinvestment management

Other plans on this EIN

1 filing

#003Retirement-$10.7M assets

Prospect flagsHigh retiree %High feesHigh assets / participant

How to read this page

Total assets (EOY)

$45.7M

-24.1% from 2023

Total participants

104

-35.0% from 2023

Average account balance

$439,257

+16.0% from 2023

Annual return

12.24%

-4.23 pp from 2023

Benchmarks

See 7,155 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants25-99

Cohort7,155 peers

Snapshot2024

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$45.68M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$439K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

104

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.14M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$51K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+12.24%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$603

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 4 by compensation

Provider	Service type	Compensation
JOHN HANCOCK LIFE INSURANCE COMPANY10+ years Service code 15 · EIN 13-3646501 P.O. BOX 600 · BUFFALO, NY 142010600	Recordkeeping	$33,632
CETERA ADVISOR NETWORKS LLC6 years Service code 26 · EIN 95-3845382 200 N. SEPULVEDA BLVD. SUITE 130 · EL SEGUNDO, CA 90245	Advisory (Participants)	$22,554
AMERICAN FUNDS1 year Filed as: CAPITAL GROUP RETIREMENT PLAN Service code 64 6455 IRVINE CENTER DRIVE · IRVINE, CA 92618	Recordkeeping Fees	$3,995
LEGACY PROFESSIONALS LLP1 year Filed as: LEGACY RETIREMENT SOLUTIONS THIRD P Service code 13 700 TURNER INDUSTRIAL WAY STE 110 · ASTON, PA 19014	Contract Administrator	$1,514

Plan features & details

Pension benefit codes2E2J2F2G2R2S3D3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

3 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.
InformationalHigh retiree %
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.

Expense breakdown

Schedule H Part II

Admin total

$63K

$1492 / participant

Recordkeeping$23K36.0%
Contract admin$40K64.0%

% of EOY assets

0.137%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: BDO USA, P.C.
Auditor EIN: 135381590
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$439,257

$138,386+217.4%

$184,260+138.4%

$80,935+442.7%

Participation rate

100.0%

83.9%+16.1pp

86.8%+13.2pp

67.7%+32.3pp

Annual return

12.24%

20.02%-7.8pp

28.84%-16.6pp

35.66%-23.4pp

Employer contribution / active EE

$28,152

$4,851+480.4%

$6,427+338.0%

$2,757+921.2%

Participant deferral / active EE

$22,831

$7,076+222.7%

$9,133+150.0%

$4,299+431.0%

Admin fee / account holder

$603

$10,489-94.3%

$13,898-95.7%

$6,924-91.3%

Provider

Service type

Compensation

JOHN HANCOCK LIFE INSURANCE COMPANY10+ years

Service code 15 · EIN 13-3646501

P.O. BOX 600 · BUFFALO, NY 142010600

Recordkeeping

$33,632

CETERA ADVISOR NETWORKS LLC6 years

Service code 26 · EIN 95-3845382

200 N. SEPULVEDA BLVD. SUITE 130 · EL SEGUNDO, CA 90245

Advisory (Participants)

$22,554

AMERICAN FUNDS1 year

Filed as: CAPITAL GROUP RETIREMENT PLAN

Service code 64

6455 IRVINE CENTER DRIVE · IRVINE, CA 92618

Recordkeeping Fees

$3,995

LEGACY PROFESSIONALS LLP1 year

Filed as: LEGACY RETIREMENT SOLUTIONS THIRD P

Service code 13

700 TURNER INDUSTRIAL WAY STE 110 · ASTON, PA 19014

Contract Administrator

$1,514

YORK CAPITAL MANAGEMENT 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

YORK CAPITAL MANAGEMENT 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion