Plan Ledger DOL Form 5500 · updated monthly

Youth for Tomorrow-New Life Center, Inc.401(k)

YOUTH FOR TOMORROW 401(K) PLAN · BRISTOW, VA · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Youth for Tomorrow-New Life Center, Inc. reported $11,650 in plan administrative expenses for 2024: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,816 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 fell from 0.091% to 0.085%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Virginia (1,174th of 2,266), and the 4,459th of 11,911 in health care & social assistance. In 2024, employees put in $1.47 for every $1.00 the employer contributed; active participation has grown from 356 to 448 since 2022.

Plan summary
Net assets, end of year$15,161,684
Participants with balances320
Active participants448
Employer contributions$813,570
Employee contributions$1,198,655
Employer contribution per active participant$1,816
Average account balance$47,380
Benefits paid to participants$506,723
Plan auditUnmodified (clean) audit opinion
AuditorTURNER, LEINS & GOLD LLC
Plan history3
Yearassets · accounts · employer contribution
2024$15.2M · 320 accts · $814K emplr
2023$12.1M · 298 accts · $678K emplr
2022$9.0M · 263 accts · $560K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,650
Total administrative$11,650
The Youth for Tomorrow-New Life Center, Inc. 401(k) match · 2024
Employer contribution per active participant$1,816
Median for plans this size$2,416
2024$1,816 per active participant
2023$1,699 per active participant
2022$1,573 per active participant

Youth for Tomorrow-New Life Center, Inc.'s 2024 employer contribution ran below the $2,416 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.

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
VOYA RETIREMENT INSURANCE & ANNUITY · Other servicesindirect comp

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

Administrative cost history3
2024$11,650 · 0.09%
2023$8,675 · 0.08%
2022$8,425 · 0.09%
Same employer
Similar plansHealth Care & Social Assistance · Virginia
Sunnyside Presbyterian Home VA$18.0M · 0.52%
Partnermd, LLC VA$17.9M · 0.38%
Community Residences, Inc VA$16.7M · 0.30%
Ncgcare, Inc. VA$15.1M · 0.80%
Buchanan General Hospital VA$15.1M · 0.58%
Dentistry Vcu VA$14.8M · 0.43%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 521342268 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.