Robert J. Young Company, Inc. 401(k) Review & Grade
R. J. Young Profit Sharing Plan · d/b/a RJ Young Company
Nashville, TNOther Services683 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$2,238Employer $ per active participant
$5,216Employee $ saved per active participant
0.37%Direct admin cost, % of plan assets
$68.1MNet plan assets, end of year
$83,809Average balance per account
Score breakdown
- Employer generosity36.0 / 5072th percentile for employer $ per participant
- Low cost8.2 / 2533th percentile for low admin cost vs. same-size plans
- Employee saving11.5 / 1577th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score59 / 100 · Grade C
This plan vs. peers
Peers: Other Services plans with 500–2,499 active participants (333 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 72th |
| Lower admin cost | 33th |
| Employee saving | 77th |
| Peers that auto-enroll | 40% |
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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
- Robert J. Young Company put in about $2,238 per active participant, more than the typical peer ($1,257). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- 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 (0.37% 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 | $1,528,574 |
| Participant (employee) contributions | $3,562,262 |
| Other contributions (incl. rollovers in) | $534,746 |
| Administrative expenses paid from the plan | $241,197 |
| Investment advisory & management fees | $161,959 |
| Benefits paid out | $8,623,918 |
| Net assets, start / end of year | $61.2M / $68.1M |
| Active participants, start / end of year | 686 / 680 |
| Participants with account balances | 813 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Lbmc, PC |
Largest service providers (Schedule C)
| Merrill Lynch | $128,914 reported compensation |
| Fidelity Investments Institutional | $79,238 reported compensation |
| Strategic Advisors, Inc. | $33,045 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251003140929NAL0001495825001, received 2025-10-03, EIN 62-0760182, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.