Profit Sharing
2023 plan-year Profit Sharing DOL Form 5500

401(K) PROFIT-SHARING PLAN FOR EMPLOYEES OF NORTHEAST CENTER FOR YOUTH AND FAMILIES, INC.

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

NORTHEAST CENTER FOR YOUTH AND FAMILIES, INC.

This Profit Sharing plan holds $4M in total assets and serves 81 participants as of 2023. It is sponsored by NORTHEAST CENTER FOR YOUTH AND FAMILIES, INC. in Massachusetts. The plan reported positive net income of $532K for the year.

Total Assets (2023)
$4M
Participants
81
Industry
Healthcare & Social Assistance

What the Filing Says About 401(K) PROFIT-SHARING PLAN FOR EMPLOYEES OF NORTHEAST CENTER FOR YOUTH AND FAMILIES, INC.

401(K) PROFIT-SHARING PLAN FOR EMPLOYEES OF NORTHEAST CENTER FOR YOUTH AND FAMILIES, INC. is a Profit Sharing retirement plan sponsored by NORTHEAST CENTER FOR YOUTH AND FAMILIES, INC., headquartered in Massachusetts. As of the 2023 Form 5500 filing, the plan reports $4M in total end-of-year assets and covers 81 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 042680339, and the plan has been effective since 1993-07-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $3M at the beginning of 2023 to $4M at year-end — a gain of 15.8%. Net assets (after liabilities) closed the year at $4M, with reported net income of $532K 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 and can be compared against 1 prior plan-year filing from the same sponsor shown below.

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.

Financial Summary (2023)

Total Assets (Beginning of Year)$3M
Total Assets (End of Year)$4M
Net Assets (End of Year)$4M
Net Income$532K
Plan TypeProfit Sharing
Employer EIN042680339
Plan Effective Date1993-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (NORTHEAST CENTER FOR YOUTH AND FAMILIES, INC.)

Year Plans Participants Total Assets
2022 1 77 $3M
2023 1 81 $4M

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Frequently Asked Questions

How much money is in the 401(K) PROFIT-SHARING PLAN FOR EMPLOYEES OF NORTHEAST CENTER FOR YOUTH AND FAMILIES, INC.?
As of the 2023 Form 5500 filing, 401(K) PROFIT-SHARING PLAN FOR EMPLOYEES OF NORTHEAST CENTER FOR YOUTH AND FAMILIES, INC. holds $4M in total assets with 81 participants. It is sponsored by NORTHEAST CENTER FOR YOUTH AND FAMILIES, INC..
What type of plan is 401(K) PROFIT-SHARING PLAN FOR EMPLOYEES OF NORTHEAST CENTER FOR YOUTH AND FAMILIES, INC.?
401(K) PROFIT-SHARING PLAN FOR EMPLOYEES OF NORTHEAST CENTER FOR YOUTH AND FAMILIES, INC. is a Profit Sharing plan. It has been effective since 1993-07-01. The plan is filed with the U.S. Department of Labor under EIN 042680339.
Who sponsors the 401(K) PROFIT-SHARING PLAN FOR EMPLOYEES OF NORTHEAST CENTER FOR YOUTH AND FAMILIES, INC.?
401(K) PROFIT-SHARING PLAN FOR EMPLOYEES OF NORTHEAST CENTER FOR YOUTH AND FAMILIES, INC. is sponsored by NORTHEAST CENTER FOR YOUTH AND FAMILIES, INC., located in Massachusetts. The sponsor's EIN is 042680339 and the plan operates in the Healthcare & Social Assistance industry.
How did 401(K) PROFIT-SHARING PLAN FOR EMPLOYEES OF NORTHEAST CENTER FOR YOUTH AND FAMILIES, INC. perform in 2023?
401(K) PROFIT-SHARING PLAN FOR EMPLOYEES OF NORTHEAST CENTER FOR YOUTH AND FAMILIES, INC. grew by 15.8% during 2023, moving from $3M to $4M in total assets. Net income was $532K.
Where can I find official filings for 401(K) PROFIT-SHARING PLAN FOR EMPLOYEES OF NORTHEAST CENTER FOR YOUTH AND FAMILIES, INC.?
Official Form 5500 filings for 401(K) PROFIT-SHARING PLAN FOR EMPLOYEES OF NORTHEAST CENTER FOR YOUTH AND FAMILIES, INC. are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 042680339 or plan name at efast.dol.gov.
How does 401(K) PROFIT-SHARING PLAN FOR EMPLOYEES OF NORTHEAST CENTER FOR YOUTH AND FAMILIES, INC. compare to other plans?
You can compare 401(K) PROFIT-SHARING PLAN FOR EMPLOYEES OF NORTHEAST CENTER FOR YOUTH AND FAMILIES, INC. against other Profit Sharing plans on the plan type page, or view plans in Massachusetts on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 042680339.

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 official public datasets. See our methodology for details.