401(k) · DOL Form 5500 · 2023

City Year, Inc. 401(k) Plan

Data updated 2026-08-25

$71M
Total assets Below avg plan size
961
Participants Near avg headcount
89th
Percentile by assets National rank
$74,379
Avg per participant Below avg balance/head
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Official DOL plan name: City Year 401(k) Savings Plan · Sponsored by City Year, Inc. · Massachusetts · Other Services

$71M in assets, 961 participants

City Year, Inc.'s City Year 401(k) Savings Plan reported $71M in total assets and 961 participants in its 2023 DOL Form 5500 filing, ranking in the 89th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #7,500 in Other Services (7,857 peers)

Where City Year 401(k) Savings Plan sits by assets

City Year 401(k) Savings Plan sits in the top quartile of all filed plans by assets, $71M for 961 participants (~$74,379/participant), up 26.7% in 2023.

#7,500
in Other Services (7,857 peers)
+26.7%
assets growth YoY
0.7×
vs typical plan assets (national mean)

City Year 401(k) Savings Plan's outsized position by total assets

City Year 401(k) Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$71,478,324 Top 11% higher than 89% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

City Year 401(k) Savings Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. City Year 401(k) Savings Plan sits mid-pack in the medium band (961 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • City Year 401(k) Savings Plan reported net income rose from -$11M in the plan year 2022 filing to $15M in the plan year 2023 filing.
  • City Year 401(k) Savings Plan end-of-year assets rose from $56M in the plan year 2022 filing to $71M in the plan year 2023 filing.
  • City Year 401(k) Savings Plan reported participants rose from 797 in the plan year 2022 filing to 961 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 222882549 · City Year, Inc. PY 2023 · 401(k)

City Year 401(k) Savings Plan · $71M · 961 · 89th

  • NET $71M
  • BOOK 961
  • VS-ST 89th
  • BOY 401(k)
  • SCH near Yext, Inc. 401(k) Profit Sharing Plan and Trust
  • EBSA ind #7500

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Other Services retirement plans → · Plans in Massachusetts →

City Year 401(k) Savings Plan in the asset neighbourhood

J. a. Riggs Tractor Company Profit Sharing PlanJ. a. Riggs Tractor Company …$72MCity Year 401(k) Savings Plan$71MYext, Inc. 401(k) Profit Sharing Plan and TrustYext, Inc. 401(k) Profit Sha…$71MGateway First Bank 401(k) Retirement PlanGateway First Bank 401(k) Re…$71MAssociated Grocers 401(k) Savings Plan Trust AccountAssociated Grocers 401(k) Sa…$71M
End-of-year total assets ($M) among City Year 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$56M
Net Assets (End of Year)$71M
Net Income$15M
Employer EIN222882549
Plan Effective Date2003-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (City Year, Inc.)

Sponsor-wide plan assets over time

All City Year, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$82M 45.509921265981355% vs 2022
2024 filing year
$50M$60M$70M$80M$90M 202220232024 $56.4M $82.1M ▲ +45.5%
Year Plans Participants Total Assets
2022 1 797 $56M
2023 1 961 $71M
2024 1 892 $82M

Nearby 401(k) Plans in Massachusetts

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

City Year 401(k) Savings Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -10010203040 Total assets ($B) Participants City Year 401(k) Savings Plan, Total assets ($B): 0.071478324 · Participants: 961City Year 401(k) Savings PlanFidelity Retirement Savings Plan, Total assets ($B): 28.649852331 · Participants: 62289Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 10.556596852 · Participants: 37052Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 6.829912863 · Participants: 14094Massachusetts Institute of Technology Supplemental 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 5.786107181 · Participants: 19881Boston Scientific Corporation 401(k) Retirement Savings PlanPhilips North America 401(k) Plan, Total assets ($B): 5.779286156 · Participants: 19120Philips North America 401(k) Plan
City Year 401(k) Savings Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants

City Year 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Massachusetts, the nearest 401(k) by assets is Yext, Inc. 401(k) Profit Sharing Plan and Trust in NY ($71M); by covered participants it is Liuna National 401(k) Retirement Savings Plan in DC (961 participants). Same-state nearby plans are listed separately above.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did City Year 401(k) Savings Plan assets move in 2023?
City Year 401(k) Savings Plan grew sharply - up 26.7% during 2023, from $56M to $71M. Reported net income was $15M.
How have City Year, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), City Year, Inc.'s sponsor-wide assets grew 45.5%, from $56M to $82M.
Where does City Year 401(k) Savings Plan rank by assets among Form 5500 filers?
City Year 401(k) Savings Plan ranks in the 89th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to City Year 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by assets is Yext, Inc. 401(k) Profit Sharing Plan and Trust in NY ($71M, 711 participants).
Which 401(k) plans cover a similar participant headcount to City Year 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by covered participants is Liuna National 401(k) Retirement Savings Plan in DC (961 participants, $163M in assets).