Youngberg Industries Incorporated 401(k) Plan

Form 5500 filing data for plan year 2024.

Plan Snapshot

  • Plan Sponsor: Youngberg Industries Incorporated
  • Sponsor EIN: 362486220
  • Sponsor Address: 6863 INDY DRIVE, BELVIDERE, IL, 61008
  • Plan Type: 401(k)
  • Total Participants: 61
  • Total Assets: $14.3M

Key Plan Design Features

  • Auto-Enrollment: Yes
  • Auto-Escalation: No
  • Allows Roth Contributions: Yes
  • Participant Loans: Yes
  • Participant-Directed Investments: Yes
  • ERISA Section 404(c) Fiduciary Safe Harbor: Yes

Plan Financials by Year

YearParticipantsTotal AssetsEmployer Contrib.Employee Contrib.
202461$14.3M$500,032$401,967
202367$12.3M$250,000$390,728
202269$10.7M$241,430$378,300

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