401(k) Β· DOL Form 5500 Β· 2022

Youngstown Area Goodwill Industries, Inc. 401(k) Profit Sharing Plan

Data updated 2026-05-15

$382K
Total assets
130
Participants
16th
Percentile by assets
$2,941
Avg per participant

Sponsored by Youngstown Area Goodwill Industries, Inc. Β· Ohio Β· Other Services

What the 2022 filing shows

Youngstown Area Goodwill Industries, Inc. 401(k) Profit Sharing Plan holds $382K for 130 participants - about $2,941 per participant, among the smaller plans by assets on file, down 17.4% over the 2022 plan year.

$382K
total plan assets (2022 EOY)
130
covered participants
16th
percentile by assets (of 139,258 plans)
$2,941
avg assets per participant

The plan reported a net loss of $80K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry
Other Services

401(k) Β· DOL Form 5500 Β· 2022

What the Filing Says About Youngstown Area Goodwill Industries, Inc. 401(k) Profit Sharing Plan

Youngstown Area Goodwill Industries, Inc. 401(k) Profit Sharing Plan is a 401(k) retirement plan sponsored by Youngstown Area Goodwill Industries, Inc., headquartered in Ohio. According to the U.S. Department of Labor's 2022 Form 5500 filing, the plan reports $382K in total end-of-year assets and covers 130 participants across the Other Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 340714576, and the plan has been effective since 2011-10-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets declined sharply from $463K at the beginning of 2022 to $382K at year-end - down 17.4%. Net assets (after liabilities) closed the year at $382K, with reported net income of -$80K driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows, a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

How the percentile is calculated: we count every plan that filed a 2022 Form 5500 with a reported end-of-year asset figure (139,258 plans), rank Youngstown Area Goodwill Industries, Inc. 401(k) Profit Sharing Plan against all of them by total assets, and report the share of those plans it outranks. A plan reporting no asset figure for the year is excluded from the ranking rather than assumed to be zero.

Financial Summary (2022)

Total Assets (Beginning of Year)$463K
Total Assets (End of Year)$382K
Net Assets (End of Year)$382K
Net Income-$80K
Plan Type401(k)
Employer EIN340714576
Plan Effective Date2011-10-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Ohio

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Frequently Asked Questions

How much money is in the Youngstown Area Goodwill Industries, Inc. 401(k) Profit Sharing Plan?
As of the 2022 Form 5500 filing, Youngstown Area Goodwill Industries, Inc. 401(k) Profit Sharing Plan holds $382K in total assets with 130 participants. It is sponsored by Youngstown Area Goodwill Industries, Inc..
What type of plan is Youngstown Area Goodwill Industries, Inc. 401(k) Profit Sharing Plan?
Youngstown Area Goodwill Industries, Inc. 401(k) Profit Sharing Plan is a 401(k) plan. It has been effective since 2011-10-01. The plan is filed with the U.S. Department of Labor under EIN 340714576.
Who sponsors the Youngstown Area Goodwill Industries, Inc. 401(k) Profit Sharing Plan?
Youngstown Area Goodwill Industries, Inc. 401(k) Profit Sharing Plan is sponsored by Youngstown Area Goodwill Industries, Inc., located in Ohio. The sponsor's EIN is 340714576 and the plan operates in the Other Services industry.
How did Youngstown Area Goodwill Industries, Inc. 401(k) Profit Sharing Plan perform in 2022?
Youngstown Area Goodwill Industries, Inc. 401(k) Profit Sharing Plan declined sharply - down 17.4% during 2022, moving from $463K to $382K in total assets. Net income was -$80K.

What this filing means

Ways to act on Youngstown Area Goodwill Industries, Inc. 401(k) Profit Sharing Plan's numbers.

  • By total assets, Youngstown Area Goodwill Industries, Inc. 401(k) Profit Sharing Plan ranks among the smaller plans by assets on file. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Ohio. Compare plans
  • A 401(k) plan works differently from other retirement plan types, understand the structural differences before comparing. Compare plan types

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 340714576.

Reference: IRS Publication 560, Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B, Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.

Every figure on PlainRetire is rendered directly from the Department of Labor's Form 5500 annual return filings, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-05-15.