Plan Snapshot
- Plan Sponsor: Youth Development, INC.
- Sponsor EIN: 850246036
- Sponsor Address: 3411 CANDELARIA NE STE J, ALBUQUERQUE, NM, 87107
- Plan Type: 401(k)
- Total Participants: 551
- Total Assets: $16.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 551 | $16.4M | $983,328 | $728,108 |
| 2023 | 398 | $14.4M | $845,173 | $586,816 |
| 2022 | 422 | $12.8M | $824,571 | $540,709 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| GLOBAL RETIREMENT PARTNERS LLC | INVESTMENT ADVISOR | $35,582 | — | $35,582 |
| SJT GROUP LLC | AUDITOR | $14,529 | — | $14,529 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SJT GROUP LLC — AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $50,111
- Estimated Expense Ratio: 0.306% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $48,045 | $37,708 | — | — | — |
| 2023 | $56,600 | $30,991 | — | — | — |
| 2022 | $138,502 | — | $34,004 | — | — |