Retirement plan

NATIONAL EQUITY FUNDING, INC. 401(K) PROFIT SHARING PLAN

Name: NATIONAL EQUITY FUNDING, INC. - NATIONAL EQUITY FUNDING, INC. 401(K) PROFIT SHARING PLAN (2019) Form 5500
Creator: NATIONAL EQUITY FUNDING, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NATIONAL EQUITY FUNDING, INC. 401(K) PROFIT SHARING PLAN, NATIONAL EQUITY FUNDING, INC.

NATIONAL EQUITY FUNDING, INC.EIN 26-4826969Plan #002PY 2019

P.O. BOX 51182 - IRVINE, CA 92619949-387-1438linkedin.com/in/colleenbradyLinkedIn1-10 employeesfinancial services

Other plans on this EIN

1 filing

#001Retirement-$231K assets

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$209K

+86.2% from 2018

Total participants

0.0% from 2018

Average account balance

$104,399

+86.2% from 2018

Annual return

11.95%

+20.10 pp from 2018

Benchmarks

See 31,991 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants<25

Cohort31,991 peers

Snapshot2019

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$654K

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$327K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$31K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$15K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+9.17%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$4319

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

0 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2G2J

Plan features

2E
Profit-sharing
Profit-sharing plan.
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.

Opportunity flags

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$104,399

$183,988-43.3%

$162,177-35.6%

$152,897-31.7%

Participation rate

100.0%

88.5%+11.5pp

87.6%+12.4pp

82.5%+17.5pp

Annual return

11.95%

150.79%-138.8pp

115.60%-103.7pp

345.43%-333.5pp

Employer contribution / active EE

$29,122

$6,370+357.2%

$5,613+418.8%

$4,764+511.3%

Participant deferral / active EE

$12,500

$8,032+55.6%

$7,297+71.3%

$5,851+113.6%

Admin fee / account holder

$13,123-100.0%

$10,843-100.0%

$11,599-100.0%

NATIONAL EQUITY FUNDING, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

NATIONAL EQUITY FUNDING, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion