Retirement plan

IDAHO YOUTH RANCH 401(K) PLAN

Name: IDAHO YOUTH RANCH, INC. - IDAHO YOUTH RANCH 401(K) PLAN (2024) Form 5500
Creator: IDAHO YOUTH RANCH, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, IDAHO YOUTH RANCH 401(K) PLAN, IDAHO YOUTH RANCH, INC.

IDAHO YOUTH RANCH, INC.EIN 82-0253346Plan #002PY 2024

5465 W. IRVING STREET - BOISE, ID 83706208-337-2613youthranch.orgLinkedIn201-500 employeesnon-profit organization management

Prospect flagsLow returnsLow participationCorrective distributions

How to read this page

Total assets (EOY)

$5.5M

+15.7% from 2023

Total participants

580

-9.5% from 2023

Average account balance

$17,806

+52.6% from 2023

Annual return

10.36%

-6.61 pp from 2023

Benchmarks

See 4,117 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort4,117 peers

Snapshot2024

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$5.47M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$18K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

307

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

45.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$848K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+10.36%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$289

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 4 by compensation

Provider	Service type	Compensation
GREAT-WEST LIFE & ANNUITY INSURANCE3 years Filed as: EMPOWER ANNUITY INS CO OF AMERICA Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$53,602
LEAVITT CHRISTENSEN & CO PLLC1 year Service code 10 6149 N MEEKER PL STE 250 · BOISE, ID 83713	Accounting	$11,550
PINNACLE PENSION SERVICES5 years Service code 13 3101 W MAIN ST · BOISE, ID 83702	Contract Administrator	$11,382
MASSACHUSETTS MUTUAL LIFE INS. CO.6 years Filed as: MML INVESTORS SERVICES INC Service code 55	Other Commissions	$4,331

Plan features & details

Pension benefit codes2F2G2J2K2T3D

Plan features

2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$89K

$177 / participant

Recordkeeping$53K60.2%
Investment mgmt$1K1.4%
Contract admin$11K12.3%
Other / not subdivided$23K26.1%

% of EOY assets

1.620%

all-in expense ratio

Categories reported

3 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: LEAVITT CHRISTENSEN & CO., PLLC
Auditor EIN: 820398216
Audit fees: $23,150
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$17,806

$50,919-65.0%

$155,556-88.6%

$77,762-77.1%

Participation rate

45.4%

63.1%-17.7pp

78.2%-32.8pp

70.6%-25.2pp

Annual return

10.36%

34.84%-24.5pp

64.84%-54.5pp

31.27%-20.9pp

Employer contribution / active EE

$461

$1,991-76.9%

$4,675-90.1%

$2,728-83.1%

Participant deferral / active EE

$1,235

$2,824-56.3%

$5,631-78.1%

$4,651-73.4%

Admin fee / account holder

$289

$437-33.9%

$15,885-98.2%

$433-33.3%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE3 years

Filed as: EMPOWER ANNUITY INS CO OF AMERICA

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$53,602

LEAVITT CHRISTENSEN & CO PLLC1 year

Service code 10

6149 N MEEKER PL STE 250 · BOISE, ID 83713

Accounting

$11,550

PINNACLE PENSION SERVICES5 years

Service code 13

3101 W MAIN ST · BOISE, ID 83702

Contract Administrator

$11,382

MASSACHUSETTS MUTUAL LIFE INS. CO.6 years

Filed as: MML INVESTORS SERVICES INC

Service code 55

Other Commissions

$4,331

IDAHO YOUTH RANCH 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

IDAHO YOUTH RANCH 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion