Retirement plan

JESCO/BLAINE 401(K) PLAN

Name: THE YATES COMPANIES, INC. - JESCO/BLAINE 401(K) PLAN (2015) Form 5500
Creator: THE YATES COMPANIES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, JESCO/BLAINE 401(K) PLAN, THE YATES COMPANIES, INC.

THE YATES COMPANIES, INC.EIN 64-0893270Plan #001PY 2015

456 GULLY AVENUE - PHILADELPHIA, MS 39350601-656-5411LinkedIn1001-5000 employeesconstruction

Prospect flagsLow participationCorrective distributions

How to read this page

Total assets (EOY)

$42.6M

No prior year

Total participants

1,207

No prior year

Average account balance

$59,407

No prior year

Annual return

-0.05%

No prior year

Benchmarks

See 885 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants250-999

Cohort885 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$154.11M

Not enough data

1 years with asset history on file

Average account balance

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

$87K

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.

1,767

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.

36.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$18.80M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+11.82%

Not enough data

1 years with return on file

Admin fee / account holder

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

$348

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 3 by compensation

Provider	Service type	Compensation
NATIONWIDE1+ years Service code 19 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Securities Custodian	$136,961
TRUSTMARK NATIONAL BANK1+ years Service code 15 248 EAST CAPITOL STREET · JACKSON, MS 39201	Recordkeeping	$41,358
NAIL MCKINNEY PROFESSIONAL ASSOCIAT1+ years Filed as: NAIL MCKINNEY PROFESSIONAL ASSOC Service code 10 110 N MADISON · TUPELO, MS 38802	Accounting	$18,550

Plan features & details

Pension benefit codes2E2G2J2K2T3D3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: NAIL MCKINNEY P.A.
Auditor EIN: 640760834
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$59,407

$50,498+17.6%

$75,784-21.6%

$55,191+7.6%

Participation rate

50.8%

69.4%-18.7pp

75.8%-25.1pp

69.2%-18.4pp

Annual return

-0.05%

1.80%-1.9pp

9.68%-9.7pp

10.78%-10.8pp

Employer contribution / active EE

$825

$2,291-64.0%

$3,323-75.2%

$1,899-56.6%

Participant deferral / active EE

$3,388

$2,589+30.9%

$3,652-7.2%

$3,046+11.2%

Admin fee / account holder

$123-100.0%

$5,300-100.0%

$91-100.0%

Provider

Service type

Compensation

NATIONWIDE1+ years

Service code 19

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Securities Custodian

$136,961

TRUSTMARK NATIONAL BANK1+ years

Service code 15

248 EAST CAPITOL STREET · JACKSON, MS 39201

Recordkeeping

$41,358

NAIL MCKINNEY PROFESSIONAL ASSOCIAT1+ years

Filed as: NAIL MCKINNEY PROFESSIONAL ASSOC

Service code 10

110 N MADISON · TUPELO, MS 38802

Accounting

$18,550

JESCO/BLAINE 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

JESCO/BLAINE 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion