Compass Youth Services, LLC 401(K) Plan — Form 5500 plan (Compass Youth Services, LLC)

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, Compass Youth Services, LLC 401(K) Plan is a benefit plan reported by Compass Youth Services, LLC under EIN 20-0125300 and plan number 001. The latest loaded filing year is 2023. The filing reports 324 participants and $7,051,438 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$7.1MPlan net assets, end of year$7,051,242
Participants324Covered participants reported
Assets / participant$21.8KComputed: assets ÷ participants$21,764 (computed)
Provider compensation$84.8K4 Schedule C provider row(s)$84,777
Plan sponsor
Compass Youth Services, LLC
EIN
20-0125300
Plan number
001
Plan type
2
Location
Norfolk, VA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023324H, C20240924104110NAL0012666945001
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)$7.1M total assets
Net assets$7.1MLiabilities$196
Money in vs. money out
Total income / additions$2M
Total expenses$269.3K
Benefits paid / distributions$180.8K
Contributions
Employer$319.5K
Participant$638.7K
Full reported line items

Net assets

Total assets (EOY)
$7,051,438
Total liabilities (EOY)
$196
Net assets (EOY)
$7,051,242
Net assets (BOY)
$5,322,659

Income & contributions

Employer contributions
$319,477
Participant contributions
$638,727
Total contributions
$958,204
Total income / additions
$1,997,833

Expenses & distributions

Benefits paid
$180,846
Administrative expenses
$88,404
Total expenses
$269,250
Net increase / (decrease)
$1,728,583
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 33%Participant 67%
Total expenses ÷ net assets4%Computed ratio
Benefits paid ÷ total income9%Computed ratio
Provider comp. ÷ net assets1%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Empower Annuity Insur Co Of AmerRECORDKEEPER$40,061$02023
Cambridge Investment GroupINVESTMENT ADVISOR$29,560not reported in the loaded dataset2023
Old Point Financial CorpoCONTRACT ADMIN$12,200not reported in the loaded dataset2023
Leafhouse Financial Advisors, LLCOTHER$2,956not reported in the loaded dataset2023

Related Form 5500 pages