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403(B) THRIFT PLAN OF YOUTH AND FAMILY COUNSELING AGENCYOF OYSTER BAY - 401k Plan overview

Plan Name403(B) THRIFT PLAN OF YOUTH AND FAMILY COUNSELING AGENCYOF OYSTER BAY -
Plan identification number 001

403(B) THRIFT PLAN OF YOUTH AND FAMILY COUNSELING AGENCYOF OYSTER BAY - Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Code section 403(b)(1) arrangement - See Limited Pension Plan Reporting instructions for Code section 403(b)(1) arrangements for certain exempt organizations.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.

401k Sponsoring company profile

YOUTH AND FAMILY COUNSELING AGENCY OF OYSTER BAY - EAST NORWICH has sponsored the creation of one or more 401k plans.

Company Name:YOUTH AND FAMILY COUNSELING AGENCY OF OYSTER BAY - EAST NORWICH
Employer identification number (EIN):112516151
NAIC Classification:621420
NAIC Description:Outpatient Mental Health and Substance Abuse Centers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan 403(B) THRIFT PLAN OF YOUTH AND FAMILY COUNSELING AGENCYOF OYSTER BAY -

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01DAVID KWANG2024-10-03
0012022-01-01DAVID KWANG2023-09-28 DAVID KWANG2023-09-28
0012021-01-01FREDERICK DEMASI2022-08-23 FREDERICK DEMASI2022-08-23
0012020-01-01MICHELLE MASSARRONE2021-07-16
0012019-01-01MICHELLE MASSARRONE2020-10-15
0012018-01-01MICHELLE MASSARRONE2019-10-15
0012017-01-01MICHELLE MASSARRONE2018-07-31 BARBARA RAKUSIN, EXECUTIVE DIRECTOR2018-07-31
0012016-01-01MICHELLE MASSARRONE2017-08-01 MICHELLE MASSARRONE2017-08-01
0012015-01-01MICHELLE MASSARRONE2016-11-18
0012014-01-01MICHELLE MASSARRONE2015-06-18 MICHELLE MASSARRONE2015-06-18
0012013-01-01BARBARA RAKUSIN2014-07-09 BARBARA RAKUSIN2014-07-09
0012012-01-01BARBARA RAKUSIN2013-06-10
0012011-01-01DENNIS TOMMASULO2012-07-17 DENNIS TOMMASULO2012-07-17
0012010-01-01DENNIS TOMMASULO2011-07-29 DENNIS TOMMASULO2011-07-29

Plan Statistics for 403(B) THRIFT PLAN OF YOUTH AND FAMILY COUNSELING AGENCYOF OYSTER BAY -

401k plan membership statisitcs for 403(B) THRIFT PLAN OF YOUTH AND FAMILY COUNSELING AGENCYOF OYSTER BAY -

Measure Date Value
2025: 403(B) THRIFT PLAN OF YOUTH AND FAMILY COUNSELING AGENCYOF OYSTER BAY - 2025 401k membership
Total number of particpants at beginning of year2025-09-2518
Total number of particpants at end of year2025-09-2517
Number of Participants With Account Balances2025-09-2517
2024: 403(B) THRIFT PLAN OF YOUTH AND FAMILY COUNSELING AGENCYOF OYSTER BAY - 2024 401k membership
Total number of particpants at beginning of year2024-10-0315
Total number of particpants at end of year2024-10-0316
Number of Participants With Account Balances2024-10-0316

Financial Data on 403(B) THRIFT PLAN OF YOUTH AND FAMILY COUNSELING AGENCYOF OYSTER BAY -

Measure Date Value
2025 : 403(B) THRIFT PLAN OF YOUTH AND FAMILY COUNSELING AGENCYOF OYSTER BAY - 2025 401k financial data
Total transfers to/from plan in this plan year2025-09-250
Total liabilities as of the end of the plan year2025-09-250
Total liabilities as of the beginning of the plan year2025-09-250
Total expenses incurred by plan in this plan year2025-09-2569173
Net assets as of the end of the plan year2025-09-25674066
Total assets as of the beginning of the plan year2025-09-25574429
Value of plan covered by a fidelity bond2025-09-2570000
Participant contributions to plan in this plan year2025-09-2574341
Value of participant loans at end of plan year2025-09-2567061
Other expenses paid from plan in this plan year2025-09-250
Other contributions to plan in this plan year2025-09-250
Other income to plan in this plan year2025-09-2577314
Plan net income in this plan year2025-09-2599637
Net assets as of the end of the plan year2025-09-25674066
Net assets as of the beginning of the plan year2025-09-25574429
Employer contributions to plan in this plan year2025-09-2517155
Expensese paid to adminstrative service provicers from plan in this plan year2025-09-25162
2024 : 403(B) THRIFT PLAN OF YOUTH AND FAMILY COUNSELING AGENCYOF OYSTER BAY - 2024 401k financial data
Total transfers to/from plan in this plan year2024-10-030
Total liabilities as of the end of the plan year2024-10-030
Total liabilities as of the beginning of the plan year2024-10-030
Total expenses incurred by plan in this plan year2024-10-03120
Net assets as of the end of the plan year2024-10-03574429
Total assets as of the beginning of the plan year2024-10-03432043
Value of plan covered by a fidelity bond2024-10-0355000
Participant contributions to plan in this plan year2024-10-0348496
Other expenses paid from plan in this plan year2024-10-030
Other contributions to plan in this plan year2024-10-030
Other income to plan in this plan year2024-10-0377459
Plan net income in this plan year2024-10-03142386
Net assets as of the end of the plan year2024-10-03574429
Net assets as of the beginning of the plan year2024-10-03432043
Employer contributions to plan in this plan year2024-10-0316551
Fees paid to broker by Benefit Provider2024-10-0331
Expensese paid to adminstrative service provicers from plan in this plan year2024-10-03120

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