Yard-Nique, Inc. 401(k) Review & Grade
Yard-Nique, Inc. 401(k) Plan
Morrisville, NCAdministrative, Support & Staffing Services1,154 active participantsPlan year 2024
Estimate from the plan's Form 5500-SF filing · How we grade
$373Employer $ per active participant
$575Employee $ saved per active participant
1.65%Direct admin cost, % of plan assets
$2.1MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity19.3 / 5038th percentile for employer $ per participant
- Low cost0.5 / 252th percentile for low admin cost vs. same-size plans
- Employee saving3.3 / 1522th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score26 / 100 · Grade F
This plan vs. peers
Peers: Administrative, Support & Staffing Services plans with 500–2,499 active participants (401 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 38th |
| Lower admin cost | 2th |
| Employee saving | 22th |
| Peers that auto-enroll | 27% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Yard-Nique put in about $373 per active participant, below the typical peer ($712). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Direct plan expenses (1.65% of assets) are well above similar-size plans (0.23%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $430,552 |
| Participant (employee) contributions | $663,727 |
| Other contributions (incl. rollovers in) | $129,342 |
| Administrative expenses paid from the plan | $19,856 |
| Benefits paid out | $39,199 |
| Net assets, start / end of year | $314,815 / $2.1M |
| Active participants, start / end of year | 816 / 1,493 |
| Participants with account balances | 159 |
| Auto-enrollment (feature code 2S) | Not reported |
Source: DOL EFAST2 Form 5500-SF filing, acknowledgment ID 20250929141014NAL0012284480001, received 2025-09-29, EIN 86-3412476, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.