Youth For Change 401(K) Profit Sharing Plan — Form 5500 plan (Youth For Change)

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 Change 401(K) Profit Sharing Plan is a benefit plan reported by Youth For Change under EIN 68-0238941 and plan number 001. The latest loaded filing year is 2023. The filing reports 219 participants and $6,846,132 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$6.8MPlan net assets, end of year$6,846,132
Participants219Covered participants reported
Assets / participant$31.3KComputed: assets ÷ participants$31,261 (computed)
Provider compensation$9.2K2 Schedule C provider row(s)$9,205
Plan sponsor
Youth For Change
EIN
68-0238941
Plan number
001
Plan type
2
Location
Paradise, CA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023219H, C20240924112946NAL0017400128001
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)$6.8M total assets
Net assets$6.8MLiabilities$0
Money in vs. money out
Total income / additions$1.7M
Total expenses$231K
Benefits paid / distributions$221.8K
Contributions
Employer$462.1K
Participant$436K
Full reported line items

Net assets

Total assets (EOY)
$6,846,132
Total liabilities (EOY)
$0
Net assets (EOY)
$6,846,132
Net assets (BOY)
$5,330,070

Income & contributions

Employer contributions
$462,083
Participant contributions
$435,980
Total contributions
$905,397
Total income / additions
$1,747,057

Expenses & distributions

Benefits paid
$221,790
Administrative expenses
$9,205
Total expenses
$230,995
Net increase / (decrease)
$1,516,062

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Bidwell Consulting ServicesTPA$6,900not reported in the loaded dataset2023
John Hancock Life Insurance CoRECORDKEEPER$2,305$02023

Related Form 5500 pages