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, Youth For Tomorrow 401(K) Plan is a benefit plan reported by Youth For Tomorrow-New Life Center, Inc. under EIN 52-1342268 and plan number 001. The latest loaded filing year is 2023. The filing reports 424 participants and $12,099,370 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $12,099,370
- Total liabilities (EOY)
- $2,537
- Net assets (EOY)
- $12,096,833
- Net assets (BOY)
- $9,047,367
Income & contributions
- Employer contributions
- $677,872
- Participant contributions
- $1,070,059
- Total contributions
- $1,869,782
- Total income / additions
- $3,458,976
Expenses & distributions
- Benefits paid
- $400,835
- Administrative expenses
- $8,675
- Total expenses
- $409,510
- Net increase / (decrease)
- $3,049,466