Retirement plan

THE YAFFE COMPANIES, INCORPORATED EMPLOYEE STOCK OWNERSHIP PLAN

Name: THE YAFFE COMPANIES, INCORPORATED - THE YAFFE COMPANIES, INCORPORATED EMPLOYEE STOCK OWNERSHIP PLAN (2023) Form 5500
Creator: THE YAFFE COMPANIES, INCORPORATED
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE YAFFE COMPANIES, INCORPORATED EMPLOYEE STOCK OWNERSHIP PLAN, THE YAFFE COMPANIES, INCORPORATED

THE YAFFE COMPANIES, INCORPORATEDEIN 73-0723136Plan #004PY 2023

P.O. BOX 916 - MUSKOGEE, OK 744020916918-687-7543LinkedIn501-1000 employeescomputer software

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$46.8M

-9.7% from 2022

Total participants

499

+5.3% from 2022

Average account balance

$94,360

-13.9% from 2022

Annual return

-4.08%

-21.05 pp from 2022

Benchmarks

See 1,359 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants250-999

Cohort1,359 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$38.73M

Not enough data

1 years with asset history on file

Average account balance

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

$74K

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.

520

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.

98.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.39M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

-11.63%

Not enough data

1 years with return on file

Admin fee / account holder

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

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

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2P2Q3H3I

Plan features

2P
Leveraged ESOP
Employee stock ownership plan that acquires employer securities with borrowed money or other debt-financing techniques.
2Q
ESOP maintained by an S corporation
The employer maintaining this ESOP is an S corporation.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).
3I
Employer securities investment required
Plan requiring that all or part of employer contributions be invested and held at least for a limited period in employer securities.

Opportunity flags

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$81

$0 / participant

Other / not subdivided$81100.0%

% of EOY assets

0.000%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: MARKSNELSON LLC
Auditor EIN: 481238645
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$94,360

$91,406+3.2%

$130,062-27.4%

$74,473+26.7%

Participation rate

98.8%

77.8%+21.0pp

78.5%+20.3pp

70.7%+28.1pp

Annual return

-4.08%

23.21%-27.3pp

-137.37%+133.3pp

34.36%-38.4pp

Employer contribution / active EE

$4,000

$2,565+56.0%

$4,322-7.5%

$2,638+51.6%

Participant deferral / active EE

$4,724-100.0%

$5,821-100.0%

$4,530-100.0%

Admin fee / account holder

$283-99.9%

$10,601-100.0%

$347-100.0%

THE YAFFE COMPANIES, INCORPORATED EMPLOYEE STOCK OWNERSHIP PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE YAFFE COMPANIES, INCORPORATED EMPLOYEE STOCK OWNERSHIP 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