Retirement plan

401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF NORTHWEST YOUTH CORPS

Name: NORTHWEST YOUTH CORPS - 401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF NORTHWEST YOUTH CORPS (2024) Form 5500
Creator: NORTHWEST YOUTH CORPS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF NORTHWEST YOUTH CORPS, NORTHWEST YOUTH CORPS

NORTHWEST YOUTH CORPSEIN 93-0818160Plan #001PY 2024

2621 AUGUSTA ST - EUGENE, OR 974033219541-654-4713nwyouthcorps.orgLinkedIn11-50 employeesprimary/secondary education

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$2M

+25.7% from 2023

Total participants

+2.9% from 2023

Average account balance

$30,616

+21.9% from 2023

Annual return

14.73%

-3.42 pp from 2023

Benchmarks

See 10,657 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort10,657 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.02M

Not enough data

1 years with asset history on file

Average account balance

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

$31K

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.

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.

194.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$234K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+14.73%

Not enough data

1 years with return on file

Admin fee / account holder

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

$878

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

0 years with F_SCH_H allocation on file

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

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2G2J2E2T

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$58K

$1704 / participant

Other / not subdivided$58K100.0%

% of EOY assets

2.868%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$30,616

$58,275-47.5%

$81,844-62.6%

$80,935-62.2%

Participation rate

82.4%

63.5%+18.9pp

72.4%+10.0pp

67.7%+14.7pp

Annual return

14.73%

41.82%-27.1pp

778.87%-764.1pp

35.66%-20.9pp

Employer contribution / active EE

$4,939

$2,346+110.5%

$2,916+69.4%

$2,757+79.2%

Participant deferral / active EE

$1,936

$3,285-41.1%

$4,323-55.2%

$4,299-55.0%

Admin fee / account holder

$878

$4,749-81.5%

$7,355-88.1%

$6,924-87.3%

401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF NORTHWEST YOUTH CORPS

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF NORTHWEST YOUTH CORPS

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