Plan Ledger DOL Form 5500 · updated monthly

Community Youth Ministries403(b)

COMMUNITY YOUTH MINISTRIES 403( B) PLAN · REEDLEY, CA · plan year 2022

Employer contribution per participant · 2022
$92

Community Youth Ministries's 2022 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $406,698 across 35 participant accounts, with employer contributions averaging $92 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in California (9,130th of 9,483), and 11,454th of 11,911 in health care & social assistance. In 2022, employees put in $1.92 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$406,698
Participants with balances35
Active participants415
Employer contributions$37,997
Employee contributions$73,123
Employer contribution per active participant$92
Average account balance$11,620
Benefits paid to participants$4,483
Plan auditUnmodified (clean) audit opinion
AuditorHUDSON HENDERSON & COMPANY
Employer contributions to the Community Youth Ministries plan · 2022
Employer contribution per active participant$92
Median for plans this size$331

Community Youth Ministries's 2022 employer contribution ran below the $331 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

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Source: U.S. Department of Labor, Form 5500 series, EIN 770324453 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.