401k Plan data: YOUNG AUDIENCES CHARTER SCHOOL 401(K) PLAN plan

YOUNG AUDIENCES CHARTER SCHOOL 401(K) PLAN 401k Plan overview

Plan Name	YOUNG AUDIENCES CHARTER SCHOOL 401(K) PLAN
Plan identification number	001

YOUNG AUDIENCES CHARTER SCHOOL 401(K) PLAN Benefits

401k Plan Type

Defined 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.
Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

YOUNG AUDIENCES CHARTER SCHOOL has sponsored the creation of one or more 401k plans.

Company Name: YOUNG AUDIENCES CHARTER SCHOOL

Employer identification number (EIN): 460590653

NAIC Classification: 611000

Form 5500 Filing Information

Submission information for form 5500 for 401k plan YOUNG AUDIENCES CHARTER SCHOOL 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2021-07-01
001 2020-07-01
001 2020-07-01
001 2019-07-01 RICHARD BATES 2021-01-25 RICHARD BATES 2021-01-25
001 2018-07-01 RICHARD BATES 2020-01-23 RICHARD BATES 2020-01-23
001 2017-07-01 RICHARD BATES 2019-04-15 RICHARD BATES 2019-04-15
001 2016-07-01 RICHARD BATES 2018-04-16 RICHARD BATES 2018-04-16
001 2015-07-01 RICHARD BATES 2017-04-12 RICHARD BATES 2017-04-12
001 2014-07-01 RICHARD BATES 2016-04-18 RICHARD BATES 2016-04-18
001 2013-07-01 RICHARD BATES 2015-01-23 RICHARD BATES 2015-01-23

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2021-07-01
001	2020-07-01
001	2020-07-01
001	2019-07-01	RICHARD BATES	2021-01-25	RICHARD BATES	2021-01-25
001	2018-07-01	RICHARD BATES	2020-01-23	RICHARD BATES	2020-01-23
001	2017-07-01	RICHARD BATES	2019-04-15	RICHARD BATES	2019-04-15
001	2016-07-01	RICHARD BATES	2018-04-16	RICHARD BATES	2018-04-16
001	2015-07-01	RICHARD BATES	2017-04-12	RICHARD BATES	2017-04-12
001	2014-07-01	RICHARD BATES	2016-04-18	RICHARD BATES	2016-04-18
001	2013-07-01	RICHARD BATES	2015-01-23	RICHARD BATES	2015-01-23

Plan Statistics for YOUNG AUDIENCES CHARTER SCHOOL 401(K) PLAN

401k plan membership statisitcs for YOUNG AUDIENCES CHARTER SCHOOL 401(K) PLAN

Measure Date Value
2021: YOUNG AUDIENCES CHARTER SCHOOL 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year 2021-07-01 152
Total number of active participants reported on line 7a of the Form 5500 2021-07-01 194
Number of retired or separated participants receiving benefits 2021-07-01 0
Number of other retired or separated participants entitled to future benefits 2021-07-01 17
Total of all active and inactive participants 2021-07-01 211
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-07-01 0
Total participants 2021-07-01 211
Number of participants with account balances 2021-07-01 46
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-07-01 0
2020: YOUNG AUDIENCES CHARTER SCHOOL 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year 2020-07-01 130
Total number of active participants reported on line 7a of the Form 5500 2020-07-01 128
Number of retired or separated participants receiving benefits 2020-07-01 0
Number of other retired or separated participants entitled to future benefits 2020-07-01 21
Total of all active and inactive participants 2020-07-01 149
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-07-01 0
Total participants 2020-07-01 149
Number of participants with account balances 2020-07-01 38
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-07-01 0

Measure	Date	Value
2021: YOUNG AUDIENCES CHARTER SCHOOL 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year	2021-07-01	152
Total number of active participants reported on line 7a of the Form 5500	2021-07-01	194
Number of retired or separated participants receiving benefits	2021-07-01	0
Number of other retired or separated participants entitled to future benefits	2021-07-01	17
Total of all active and inactive participants	2021-07-01	211
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-07-01	0
Total participants	2021-07-01	211
Number of participants with account balances	2021-07-01	46
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-07-01	0
2020: YOUNG AUDIENCES CHARTER SCHOOL 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year	2020-07-01	130
Total number of active participants reported on line 7a of the Form 5500	2020-07-01	128
Number of retired or separated participants receiving benefits	2020-07-01	0
Number of other retired or separated participants entitled to future benefits	2020-07-01	21
Total of all active and inactive participants	2020-07-01	149
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-07-01	0
Total participants	2020-07-01	149
Number of participants with account balances	2020-07-01	38
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-07-01	0

Financial Data on YOUNG AUDIENCES CHARTER SCHOOL 401(K) PLAN

Measure	Date	Value
2022 : YOUNG AUDIENCES CHARTER SCHOOL 401(K) PLAN 2022 401k financial data
Total unrealized appreciation/depreciation of assets	2022-06-30	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-06-30	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-06-30	$0
Total income from all sources (including contributions)	2022-06-30	$45,037
Total loss/gain on sale of assets	2022-06-30	$0
Total of all expenses incurred	2022-06-30	$70,791
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2022-06-30	$65,671
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2022-06-30	$139,085
Value of total assets at end of year	2022-06-30	$606,959
Value of total assets at beginning of year	2022-06-30	$632,713
Total of administrative expenses incurred including professional, contract, advisory and management fees	2022-06-30	$5,120
Total interest from all sources	2022-06-30	$0
Total dividends received (eg from common stock, registered investment company shares)	2022-06-30	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2022-06-30	No
Administrative expenses professional fees incurred	2022-06-30	$595
Was this plan covered by a fidelity bond	2022-06-30	No
If this is an individual account plan, was there a blackout period	2022-06-30	No
Were there any nonexempt tranactions with any party-in-interest	2022-06-30	No
Contributions received from participants	2022-06-30	$79,002
Participant contributions at end of year	2022-06-30	$5,101
Participant contributions at beginning of year	2022-06-30	$1,047
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2022-06-30	No
Value of net income/loss	2022-06-30	$-25,754
Value of net assets at end of year (total assets less liabilities)	2022-06-30	$606,959
Value of net assets at beginning of year (total assets less liabilities)	2022-06-30	$632,713
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2022-06-30	No
Were any loans by the plan or fixed income obligations due to the plan in default	2022-06-30	No
Were any leases to which the plan was party in default or uncollectible	2022-06-30	No
Value of interest in pooled separate accounts at end of year	2022-06-30	$542,807
Value of interest in pooled separate accounts at beginning of year	2022-06-30	$585,720
Net investment gain/loss from pooled separate accounts	2022-06-30	$-94,048
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2022-06-30	No
Was there a failure to transmit to the plan any participant contributions	2022-06-30	Yes
Has the plan failed to provide any benefit when due under the plan	2022-06-30	No
Contributions received in cash from employer	2022-06-30	$60,083
Employer contributions (assets) at end of year	2022-06-30	$59,051
Employer contributions (assets) at beginning of year	2022-06-30	$45,946
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2022-06-30	$65,671
Contract administrator fees	2022-06-30	$4,525
Did the plan have assets held for investment	2022-06-30	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2022-06-30	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2022-06-30	No
Opinion of an independent qualified public accountant for this plan	2022-06-30	Unqualified
Accountancy firm name	2022-06-30	POSTLETHWAITE AND NETTERVILLE
Accountancy firm EIN	2022-06-30	721202445
2021 : YOUNG AUDIENCES CHARTER SCHOOL 401(K) PLAN 2021 401k financial data
Total unrealized appreciation/depreciation of assets	2021-06-30	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-06-30	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-06-30	$0
Total income from all sources (including contributions)	2021-06-30	$248,442
Total loss/gain on sale of assets	2021-06-30	$0
Total of all expenses incurred	2021-06-30	$67,339
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2021-06-30	$63,213
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2021-06-30	$124,843
Value of total assets at end of year	2021-06-30	$632,713
Value of total assets at beginning of year	2021-06-30	$451,610
Total of administrative expenses incurred including professional, contract, advisory and management fees	2021-06-30	$4,126
Total interest from all sources	2021-06-30	$0
Total dividends received (eg from common stock, registered investment company shares)	2021-06-30	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2021-06-30	No
Administrative expenses professional fees incurred	2021-06-30	$255
Was this plan covered by a fidelity bond	2021-06-30	No
If this is an individual account plan, was there a blackout period	2021-06-30	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2021-06-30	$0
Were there any nonexempt tranactions with any party-in-interest	2021-06-30	No
Contributions received from participants	2021-06-30	$78,897
Participant contributions at end of year	2021-06-30	$1,047
Participant contributions at beginning of year	2021-06-30	$6,674
Income. Received or receivable in cash from other sources (including rollovers)	2021-06-30	$0
Other income not declared elsewhere	2021-06-30	$49
Administrative expenses (other) incurred	2021-06-30	$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2021-06-30	No
Value of net income/loss	2021-06-30	$181,103
Value of net assets at end of year (total assets less liabilities)	2021-06-30	$632,713
Value of net assets at beginning of year (total assets less liabilities)	2021-06-30	$451,610
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2021-06-30	No
Were any loans by the plan or fixed income obligations due to the plan in default	2021-06-30	No
Were any leases to which the plan was party in default or uncollectible	2021-06-30	No
Value of interest in pooled separate accounts at end of year	2021-06-30	$585,720
Value of interest in pooled separate accounts at beginning of year	2021-06-30	$397,372
Net investment gain/loss from pooled separate accounts	2021-06-30	$123,550
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2021-06-30	No
Was there a failure to transmit to the plan any participant contributions	2021-06-30	No
Has the plan failed to provide any benefit when due under the plan	2021-06-30	No
Contributions received in cash from employer	2021-06-30	$45,946
Employer contributions (assets) at end of year	2021-06-30	$45,946
Employer contributions (assets) at beginning of year	2021-06-30	$47,564
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2021-06-30	$63,213
Contract administrator fees	2021-06-30	$3,871
Did the plan have assets held for investment	2021-06-30	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2021-06-30	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2021-06-30	No
Opinion of an independent qualified public accountant for this plan	2021-06-30	Disclaimer
Accountancy firm name	2021-06-30	POSTLETHWAITE AND NETTERVILLE
Accountancy firm EIN	2021-06-30	721202445

Form 5500 Responses for YOUNG AUDIENCES CHARTER SCHOOL 401(K) PLAN

2021: YOUNG AUDIENCES CHARTER SCHOOL 401(K) PLAN 2021 form 5500 responses
2021-07-01	Type of plan entity	Single employer plan
2021-07-01	Submission has been amended	No
2021-07-01	This submission is the final filing	No
2021-07-01	This return/report is a short plan year return/report (less than 12 months)	No
2021-07-01	Plan is a collectively bargained plan	No
2021-07-01	Plan funding arrangement – Insurance	Yes
2021-07-01	Plan funding arrangement – Trust	Yes
2021-07-01	Plan benefit arrangement – Insurance	Yes
2021-07-01	Plan benefit arrangement - Trust	Yes
2020: YOUNG AUDIENCES CHARTER SCHOOL 401(K) PLAN 2020 form 5500 responses
2020-07-01	Type of plan entity	Single employer plan
2020-07-01	Submission has been amended	Yes
2020-07-01	This submission is the final filing	No
2020-07-01	This return/report is a short plan year return/report (less than 12 months)	No
2020-07-01	Plan is a collectively bargained plan	No
2020-07-01	Plan funding arrangement – Insurance	Yes
2020-07-01	Plan funding arrangement – Trust	Yes
2020-07-01	Plan benefit arrangement – Insurance	Yes
2020-07-01	Plan benefit arrangement - Trust	Yes

Insurance Providers Used on plan

JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )

Policy contract number

113476

Policy instance

Insurance contract or identification number	113476
Number of Individuals Covered	57
Insurance policy start date	2021-07-01
Insurance policy end date	2022-06-30
Total amount of commissions paid to insurance broker	USD $5,999
Total amount of fees paid to insurance company	USD $896
Are there contracts with allocated funds for individual policies?	0
Are there contracts with allocated funds for group deferred annuity?	No
Are there contracts with allocated funds for types other than group deferred annuity or individual?	No
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Contracts With Unallocated Funds Deposit Administration	0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?	No
Are there contracts with unallocated funds for contracts of type guaranteed investment?	No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	Yes
Health Insurance Welfare Benefit	No
Dental Insurance Welfare Benefit	No
Vision Insurance Welfare Benefit	No
Life Insurance Welfare Benefit	No
Temporary Disability Insurance Welfare Benefit	No
Long Term Disability Insurance Welfare Benefit	No
Unemployment Insurance Welfare Benefit	No
Were dividends or retroactive rate refunds paid in cash?	No
Were dividends or retroactive rate refunds paid as a credit?	No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Commission paid to Insurance Broker	USD $5,999
Insurance broker organization code?	3
Amount paid for insurance broker fees	595
Additional information about fees paid to insurance broker	THIRD PARTY ADMINISTRATION FEES

JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )

Policy contract number

113476

Policy instance

Insurance contract or identification number	113476
Number of Individuals Covered	41
Insurance policy start date	2020-07-01
Insurance policy end date	2021-06-30
Total amount of commissions paid to insurance broker	USD $4,711
Total amount of fees paid to insurance company	USD $255
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Commission paid to Insurance Broker	USD $4,711
Insurance broker organization code?	3
Amount paid for insurance broker fees	255
Additional information about fees paid to insurance broker	THIRD PARTY ADMINISTRATION FEES

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Company Name:	YOUNG AUDIENCES CHARTER SCHOOL
Employer identification number (EIN):	460590653
NAIC Classification:	611000