Youngwilliams P.C. 401(K) Profit Sharing Plan — Form 5500 plan (Youngwilliams, P.C.)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Youngwilliams P.C. 401(K) Profit Sharing Plan is a benefit plan reported by Youngwilliams, P.C. under EIN 64-0847009 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,367 participants and $17,225,663 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$17.2MPlan net assets, end of year$17,219,422
Participants1.4KCovered participants reported1,367
Assets / participant$12.6KComputed: assets ÷ participants$12,601 (computed)
Provider compensation$94.7K3 Schedule C provider row(s)$94,742
Plan sponsor
Youngwilliams, P.C.
EIN
64-0847009
Plan number
001
Plan type
2
Location
Ridgeland, MS
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,367H, C20241014151751NAL0045059232001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$17.2M total assets
Net assets$17.2MLiabilities$6.2K
Money in vs. money out
Total income / additions$4M
Total expenses$1.5M
Benefits paid / distributions$1.4M
Contributions
Employer$388.7K
Participant$1.1M
Full reported line items

Net assets

Total assets (EOY)
$17,225,663
Total liabilities (EOY)
$6,241
Net assets (EOY)
$17,219,422
Net assets (BOY)
$14,709,034

Income & contributions

Employer contributions
$388,748
Participant contributions
$1,142,307
Total contributions
$1,538,024
Total income / additions
$3,995,589

Expenses & distributions

Benefits paid
$1,388,730
Administrative expenses
$74,046
Total expenses
$1,485,201
Net increase / (decrease)
$2,510,388
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 25%Participant 75%
Total expenses ÷ net assets9%Computed ratio
Benefits paid ÷ total income35%Computed ratio
Provider comp. ÷ net assets1%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Stancorp Financial GroupNONE$49,046$15,0662023
Gallagher Fiduciary Advisors, LLCNONE$24,999not reported in the loaded dataset2023
Charles Schwab Trust BankNONE$0$5,6312023

Related Form 5500 pages