Retirement plan

JESCO/BLAINE 401(K) PLAN

Name: THE YATES COMPANIES, INC. - JESCO/BLAINE 401(K) PLAN (2016) 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 2016

ONE GULLY AVENUE, P.O. BOX 456 - PHILADELPHIA, MS 39350601-656-5411LinkedIn1001-5000 employeesconstruction

Prospect flagsLow participationCorrective distributions

How to read this page

Total assets (EOY)

$46.5M

+9.2% from 2015

Total participants

1,054

-12.7% from 2015

Average account balance

$64,901

+9.2% from 2015

Annual return

6.15%

+6.20 pp from 2015

Benchmarks

See 1,079 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants250-999

Cohort1,079 peers

Snapshot2016

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

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Service providers

Top 3 by compensation

Provider	Service type	Compensation
NATIONWIDE2+ years Service code 19 ONE MATIONWIDE PLAZA · COLUMBUS, OH 43215	Securities Custodian	$162,354
TRUSTMARK NATIONAL BANK2+ years Service code 15 ATTN CHERRY HEMBY · JACKSON, MS 39201	Recordkeeping	$31,476
NAIL MCKINNEY PROFESSIONAL ASSOCIAT2+ years Filed as: NAIL MCKINNEY PROFESSIONAL ASSOC Service code 10 PO BOX 196 · TUPELO, MS 38802	Accounting	$9,400

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).

Expense breakdown

Schedule H Part II

Plan-level admin expenses are zero - fees are likely paid at the master-trust level rather than the individual plan.

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

$64,901

$57,921+12.1%

$84,753-23.4%

$57,658+12.6%

Participation rate

59.3%

72.9%-13.6pp

76.6%-17.2pp

70.2%-10.9pp

Annual return

6.15%

10.24%-4.1pp

22.78%-16.6pp

5.13%+1.0pp

Employer contribution / active EE

$1,310

$2,598-49.6%

$3,574-63.4%

$1,974-33.7%

Participant deferral / active EE

$3,793

$2,742+38.3%

$3,712+2.2%

$3,061+23.9%

Admin fee / account holder

$130-100.0%

$5,333-100.0%

$95-100.0%

Provider

Service type

Compensation

NATIONWIDE2+ years

Service code 19

ONE MATIONWIDE PLAZA · COLUMBUS, OH 43215

Securities Custodian

$162,354

TRUSTMARK NATIONAL BANK2+ years

Service code 15

ATTN CHERRY HEMBY · JACKSON, MS 39201

Recordkeeping

$31,476

NAIL MCKINNEY PROFESSIONAL ASSOCIAT2+ years

Filed as: NAIL MCKINNEY PROFESSIONAL ASSOC

Service code 10

PO BOX 196 · TUPELO, MS 38802

Accounting

$9,400

JESCO/BLAINE 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

JESCO/BLAINE 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