Plan Ledger DOL Form 5500 · updated monthly

Young Men's Christian Association Retirement Fund403(b)

YOUNG MEN'S CHRISTIAN ASSOCIATION RETIREMENT FUND RETIREMENT PLAN · NEW YORK, NY · plan year 2024

Employer contribution per participant · 2024
$4,529

Young Men's Christian Association Retirement Fund's 2024 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 $3,876,243,000 across 99,339 participant accounts, with employer contributions averaging $4,529 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other other services employers. By assets it is the 43rd-largest of 5,648 plans among New York employers on file, and the 2nd of 3,341 in other services. In 2024, the employer put in $26.86 for every $1.00 employees contributed themselves; active participation has grown from 43,490 to 49,535 since 2022.

Plan summary
Net assets, end of year$3,876,243,000
Participants with balances99,339
Active participants49,535
Employer contributions$224,356,000
Employee contributions$8,353,000
Employer contribution per active participant$4,529
Average account balance$39,020
Benefits paid to participants$234,691,000
Plan auditUnmodified (clean) audit opinion
AuditorKPMG
Plan history3
Yearassets · accounts · employer contribution
2024$3.9B · 99,339 accts · $224.4M emplr
2023$3.7B · 94,903 accts · $200.8M emplr
2022$3.6B · 90,264 accts · $181.3M emplr
Employer contributions to the Young Men's Christian Association Retirement Fund plan · 2024
Employer contribution per active participant$4,529
Median for plans this size$5,259
2024$4,529 per active participant
2023$4,254 per active participant
2022$4,169 per active participant

Young Men's Christian Association Retirement Fund's 2024 employer contribution ran below the $5,259 median for plans its size. 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.

Administrative cost history3
2024Not separately reported
2023Not separately reported
2022Not separately reported
Similar plansOther Services · New York
Cintas Corporation OH$4.4B · 0.09%
Finra DC$2.5B · 0.03%
Service Corporation Intl TX$1.8B · 0.08%
Ford Foundation NY$298.4M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 135562401 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.