Profile
Yates Insurance Agency, Inc. Profit Sharing Plan in Atlanta, GA is in Atlanta, GA, its EIN is 580977691, its industry group is Agencies, Brokerages, and Other Insurance Related Activities, its plan administrator is Danny Yates, is a profit-sharing plan, covered by a fidelity bond, an ERISA section 404(c) plan, self-administered by the plan sponsor, is a single-employer plan, its business code is 524210, has 100 to 499 total participants, is better than the overall plan medians in each of total income, net income, participant loans as a percentage of plan assets, and diversity of asset types (4 total), is better than the overall participant averages in each of net income per total participant, average account balance, and active-participant contributions per head, and is higher than the overall administrative medians in each of contract administrator fees, total administrative expenses, and total administrative expense ratio.
Numeric values:
- net assets (assets minus liabilities) ($27.30M)
- total assets ($27,286,453)
- value of interest in pooled separate accounts ($24,404,535)
- total assets at beginning of plan year ($23,970,217)
- total income ($4,362,751)
- earnings on investments ($3,340,242)
- net earnings on investments ($3,340,242)
- net income ($3,316,236)
- value of funds held in insurance company general account (unallocated contracts) ($2,476,466)
- total expenses ($1,046,515)
- total contributions ($1,022,509)
- cash contributions from participants ($820,525)
- cash contributions from employers ($201,984)
- average account balance ($199,171)
- receivables - employer contributions ($197,475)
- participant loans ($171,004)
- contract administrator fees ($128,421)
- total administrative expenses ($128,421)
- receivables - participant contributions ($36,973)
- net income per total participant ($24,206)
- average participant cash contribution per active participant ($7,392)
- average employer cash contribution per active participant ($1,820)
- total administrative expense per participant ($937.38)
- total noninterest-bearing cash ($0)
- other receivables (not employer nor participant contributions) ($0)
- interest-bearing cash (e.g., money market accounts, certificates of deposit) ($0)
- U.S. government securities ($0.0K)
- corporate debt instruments (preferred & other than employer securities) ($0)
- corporate debt instruments (below preferred & other than employer securities) ($0)
- corporate preferred stocks (other than employer securities) ($0)
- corporate common stocks (other than employer securities) ($0)
- partnership/joint venture interests ($0)
- real estate (other than employer real property) ($0)
- loans (other than to participants) ($0)
- value of interest in common/collective trusts ($0)
- value of interest in master trust investment accounts ($0.0K)
- value of interest in 103-12 investment entities ($0)
- value of interest in registered investment companies (e.g., mutual funds) ($0.0K)
- other general investments ($0)
- employer-related securities investments ($0)
- employer-related real-property investments ($0)
- buildings and other property used in plan operation ($0)
- total liabilities ($0)
- corrective distributions ($0)
- professional fees ($0)
- investment advisory and management fees ($0)
- other administrative expenses ($0)
- asset transfers to this plan ($0)
- asset transfers from this plan ($0)
- percentage of active participants (81.0%)
- yield on beginning-of-plan-year total assets (13.93%)
- diversity of asset types (12.4%)
- participant loans as a percentage of plan assets (0.63%)
- total administrative expense ratio (0.470%)
- total cash as a percentage of plan assets (0.00%)
- employer securities as a percentage of plan assets (0.00%)
- active participants (111)
- deceased participants whose beneficiaries receive or are entitled to benefits (0)
- living participants (137)
- other retired or separated participants entitled to future benefits (15)
- retired or separated participants receiving benefits (11)
- total participants (137)