Plan Ledger DOL Form 5500 · updated monthly

Youth for Change401(k)

YOUTH FOR CHANGE 401(K) PROFIT SHARING PLAN · PARADISE, CA · plan year 2024

Reported admin expense ratio · 2024
0.09%

Peer grade: A · admin costs + employer contributions vs same-size plans · how grading works

Youth for Change reported $6,650 in plan administrative expenses for 2024: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,915 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.07% to 0.09%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in California (5,953rd of 9,483), and 6,353rd of 11,911 in health care & social assistance. In 2024, employees put in $1.22 for every $1.00 the employer contributed; active participation has grown from 156 to 173 since 2022.

Plan summary
Net assets, end of year$8,232,605
Participants with balances217
Active participants173
Employer contributions$504,309
Employee contributions$614,363
Employer contribution per active participant$2,915
Average account balance$37,938
Benefits paid to participants$530,075
Plan auditDisclaimer of opinion
AuditorHARRINGTON GROUP
Plan history3
Yearassets · accounts · employer contribution
2024$8.2M · 217 accts · $504K emplr
2023$6.8M · 161 accts · $462K emplr
2022$5.3M · 181 accts · $411K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,650
Total administrative$6,650
The Youth for Change 401(k) match · 2024
Employer contribution per active participant$2,915
Median for plans this size$1,313
2024$2,915 per active participant
2023$2,818 per active participant
2022$2,635 per active participant

Youth for Change's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
JOHN HANCOCK LIFE INSURANCE CO · Recordkeeping · Investment management$1,550

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$6,650 · 0.09%
2023$9,205 · 0.15%
2022$3,825 · 0.07%
Same employer
Similar plansHealth Care & Social Assistance · California
Orchard Hospital CA$8.3M · 0.79%
Brightline Inc. CA$8.3M · 1.10%
The Cedars of Marin CA$8.2M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 680238941 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.