401(k) · DOL Form 5500 · 2024

City Year, Inc. 401(k) Plan

Data updated 2026-08-25

$82M
Total assets Below avg plan size
892
Participants Near avg headcount
89th
Percentile by assets National rank
$92,064
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

$82M in assets, 892 participants

City Year, Inc.'s City Year 401(k) Savings Plan reported $82M in total assets and 892 participants in its 2024 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.

  • #7,389 in Other Services (7,719 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, $82M for 892 participants (~$92,064/participant), up 14.9% in 2024.

#7,389
in Other Services (7,719 peers)
+14.9%
assets growth YoY
0.8×
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 2024 · DOL Form 5500

$82,121,216 Top 11% higher than 89% of 123,620 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 2024

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

Plan-year 2024 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 (892 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • City Year 401(k) Savings Plan reported net income fell from $15M in the plan year 2023 filing to $11M in the plan year 2024 filing.
  • City Year 401(k) Savings Plan end-of-year assets rose from $71M in the plan year 2023 filing to $82M in the plan year 2024 filing.
  • City Year 401(k) Savings Plan reported participants fell from 961 in the plan year 2023 filing to 892 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 222882549 · City Year, Inc. PY 2024 · 401(k)

City Year 401(k) Savings Plan · $82M · 892 · 89th

  • VS-ST $82M
  • VS-ST 892
  • VS-ST 89th
  • VS-ST 401(k)
  • VS-ST near Franke USA Holding, Inc. Savings Plus Plan
  • VS-ST ind #7389

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

Janicki Retirement Plan$82MHerrick, Feinstein LLP Savings and Profit Sharing PlanHerrick, Feinstein LLP Savin…$82MHiscox Inc. 401(k) Profit Sharing PlanHiscox Inc. 401(k) Profit Sh…$82MCity Year 401(k) Savings Plan$82MFranke USA Holding, Inc. Savings Plus PlanFranke USA Holding, Inc. Sav…$82M
End-of-year total assets ($M) among City Year 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$71M
Net Assets (End of Year)$82M
Net Income$11M
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): 0.082121216 · Participants: 892City Year 401(k) Savings PlanFidelity Retirement Savings Plan, Total assets ($B): 34.201609937 · Participants: 66907Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 11.352606499 · Participants: 34618Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 7.720373045 · Participants: 14762Massachusetts Institute of Technology Supplemental 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 6.775289067 · Participants: 20639Boston Scientific Corporation 401(k) Retirement Savings PlanState Street Salary Savings Program, Total assets ($B): 6.532301643 · Participants: 12777State Street Salary Savings Program
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 Franke USA Holding, Inc. Savings Plus Plan in TN ($82M); by covered participants it is Retirement Plan for Employees of Saint Michael's College in VT (892 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($82M here).

Similar participant headcount

Nearest other-state filings by covered participants (892 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. 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 2024?
City Year 401(k) Savings Plan grew at a solid clip - up 14.9% during 2024, from $71M to $82M. Reported net income was $11M.
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 123,622 plans that reported assets for plan year 2024 (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 Franke USA Holding, Inc. Savings Plus Plan in TN ($82M, 796 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 Retirement Plan for Employees of Saint Michael's College in VT (892 participants, $97M in assets).