Young Manufacturing Company, Inc. 401k Plan — Form 5500 plan (Young Manufacturing Company, Inc.)

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, Young Manufacturing Company, Inc. 401k Plan is a benefit plan reported by Young Manufacturing Company, Inc. under EIN 61-0560747 and plan number 002. The latest loaded filing year is 2023. The filing reports 199 participants and $5,430,494 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$5.4MPlan net assets, end of year$5,430,494
Participants199Covered participants reported
Assets / participant$27.3KComputed: assets ÷ participants$27,289 (computed)
Provider compensation$3601 Schedule C provider row(s)
Plan sponsor
Young Manufacturing Company, Inc.
EIN
61-0560747
Plan number
002
Plan type
2
Location
Beaver Dam, KY
Latest filing year
2023
How to read this plan profile
  • Net assets = total assets minus total liabilities, end of year (Schedule H/I).
  • Assets / participant is computed (assets ÷ reported participants) — a ratio, not a filed figure.
  • Schedule chips (Sch H / I / C) show which schedules each filing includes.
  • Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
  • Figures are reported as filed, in whole dollars; verify against the official DOL/EBSA record before relying on them.
EFAST2 filings

Form 5500 filing history

Each loaded annual filing for this plan. Open one for its full reported snapshot.

  1. 2023
    199 participants · 2Sch HSch C
    View filing →
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)$5.4M total assets
Net assets$5.4MLiabilities$0
Money in vs. money out
Total income / additions$1.2M
Total expenses$491.5K
Benefits paid / distributions$458.6K
Contributions
Employer$152K
Participant$248K
Full reported line items

Net assets

Total assets (EOY)
$5,430,494
Total liabilities (EOY)
$0
Net assets (EOY)
$5,430,494
Net assets (BOY)
$4,698,945

Income & contributions

Employer contributions
$152,035
Participant contributions
$247,960
Total contributions
$399,995
Total income / additions
$1,223,050

Expenses & distributions

Benefits paid
$458,552
Administrative expenses
$12,967
Total expenses
$491,501
Net increase / (decrease)
$731,549
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 38%Participant 62%
Total expenses ÷ net assets9%Computed ratio
Benefits paid ÷ total income37%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Schedule C

Service provider compensation

Reported direct + indirect compensation per provider, ranked. Bars show relative scale.

  1. 1
    RECORDKEEPER · Direct $360

What to inspect next

Frequently asked questions

Who sponsors the Young Manufacturing Company, Inc. 401k Plan?
Young Manufacturing Company, Inc. 401k Plan is reported as sponsored by Young Manufacturing Company, Inc. (EIN 61-0560747, plan number 002) in public Form 5500 filings.
What is the most recent Form 5500 filing year for Young Manufacturing Company, Inc. 401k Plan?
The latest Form 5500 filing year loaded for Young Manufacturing Company, Inc. 401k Plan is 2023.
How many participants does Young Manufacturing Company, Inc. 401k Plan report?
Young Manufacturing Company, Inc. 401k Plan reports 199 participants in its latest loaded Form 5500 filing.
What are the reported plan assets for Young Manufacturing Company, Inc. 401k Plan?
Young Manufacturing Company, Inc. 401k Plan reports $5,430,494 in end-of-year plan assets in its latest loaded Form 5500 filing.
Form 5500 terms, in plain English
Form 5500
The annual report most U.S. employee benefit plans file with the Department of Labor through the EFAST2 system. It documents the plan sponsor, participants, finances, and service-provider compensation.
Schedule H
The financial statement for larger plans (generally 100+ participants): assets, liabilities, net assets, income, expenses, and the net change.
Schedule I
The condensed financial statement for smaller plans, covering the same kinds of figures in less detail.
Schedule C
Reports compensation paid to the plan’s service providers — both direct and indirect.
Net assets
Total assets minus total liabilities at the end of the year — what the plan holds for participants.
Employer / participant contributions
Money contributed to the plan by the employer and by participants during the year.

Figures are reported as filed and may contain errors or omissions. Verify against the official DOL/EBSA record before relying on any value.

Related Form 5500 pages