401(k) · DOL Form 5500 · 2024

Youth Matters, Inc. Retirement Plan

Data updated 2026-05-15

$175K
Total assets
18
Participants
9th
Percentile by assets
$9,722
Avg per participant

Sponsored by Youth Matters, Inc. · Michigan · Administrative & Support Services

What the 2024 filing shows

Youth Matters, Inc. Retirement Plan holds $175K for 18 participants - about $9,722 per participant, among the smaller plans by assets on file, up 62.0% over the 2024 plan year.

$175K
total plan assets (2024 EOY)
18
covered participants
9th
percentile by assets (of 116,472 plans)
$9,722
avg assets per participant
State
Industry
Administrative & Support Services

401(k) · DOL Form 5500 · 2024

What the Filing Says About Youth Matters, Inc. Retirement Plan

Youth Matters, Inc. Retirement Plan is a 401(k) retirement plan sponsored by Youth Matters, Inc., headquartered in Michigan. According to the U.S. Department of Labor's 2024 Form 5500 filing, the plan reports $175K in total end-of-year assets and covers 18 participants across the Administrative & Support Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 861220561, and the plan has been effective since 2021-01-11. Its filing status is currently FILING RECEIVED.

Year over year, total assets surged from $108K at the beginning of 2024 to $175K at year-end - up 62.0%. Net assets (after liabilities) closed the year at $175K, with reported net income of $67K 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 2 prior plan-year filings from the same sponsor shown below.

Across the 3 plan years Youth Matters, Inc. has on file with PlainRetire (2022-2024), sponsor-wide plan assets have moved from $170K to $175K, a gain of 2.9%, while reported participants moved from 1 to 18 (+1700.0%). The strongest year on file by total sponsor assets was 2024 at $175K; the softest was 2023 at $108K. Year-by-year, sponsor-wide filings show: 2022 - $170K in assets across 1 plan covering 1 participants; 2023 - $108K in assets across 1 plan covering 1 participants; 2024 - $175K in assets across 1 plan covering 18 participants.

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 2024 Form 5500 with a reported end-of-year asset figure (116,472 plans), rank Youth Matters, Inc. Retirement 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 (2024)

Total Assets (Beginning of Year)$108K
Total Assets (End of Year)$175K
Net Assets (End of Year)$175K
Net Income$67K
Plan Type401(k)
Employer EIN861220561
Plan Effective Date2021-01-11
Filing StatusFILING RECEIVED

Sponsor Plan History (Youth Matters, Inc.)

Year Plans Participants Total Assets
2022 1 1 $170K
2023 1 1 $108K
2024 1 18 $175K

Nearby 401(k) Plans in Michigan

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

Frequently Asked Questions

How much money is in the Youth Matters, Inc. Retirement Plan?
As of the 2024 Form 5500 filing, Youth Matters, Inc. Retirement Plan holds $175K in total assets with 18 participants. It is sponsored by Youth Matters, Inc..
What type of plan is Youth Matters, Inc. Retirement Plan?
Youth Matters, Inc. Retirement Plan is a 401(k) plan. It has been effective since 2021-01-11. The plan is filed with the U.S. Department of Labor under EIN 861220561.
Who sponsors the Youth Matters, Inc. Retirement Plan?
Youth Matters, Inc. Retirement Plan is sponsored by Youth Matters, Inc., located in Michigan. The sponsor's EIN is 861220561 and the plan operates in the Administrative & Support Services industry.
How did Youth Matters, Inc. Retirement Plan perform in 2024?
Youth Matters, Inc. Retirement Plan surged - up 62.0% during 2024, moving from $108K to $175K in total assets. Net income was $67K.

What this filing means

Ways to act on Youth Matters, Inc. Retirement Plan's numbers.

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 861220561.

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.