Retirement plan

AFFINITY FINANCIAL ADVISORY 401K

Name: AFFINITY FINANCIAL ADVISORY - AFFINITY FINANCIAL ADVISORY 401K (2017) Form 5500
Creator: AFFINITY FINANCIAL ADVISORY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AFFINITY FINANCIAL ADVISORY 401K, AFFINITY FINANCIAL ADVISORY

AFFINITY FINANCIAL ADVISORYdba AFFINITY FINANCIAL ADVISORYEIN 43-1992211Plan #001PY 2017

7300 PARK AVE - ALLEN PARK, MI 481011903313-294-9290affinityfa.comLinkedIn1-10 employeesinvestment banking

Prospect flagsHigh assets / participantLow employer contribution

How to read this page

Total assets (EOY)

$939K

+18.7% from 2016

Total participants

0.0% from 2016

Average account balance

$469,448

+18.7% from 2016

Annual return

18.05%

+15.97 pp from 2016

Benchmarks

See 205 peers

Peer group

Industryany (size+type match)

Plan typeDB + DC

Participants<25

Cohort205 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.69M

Not enough data

1 years with asset history on file

Average account balance

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

$563K

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.

150.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$101K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$50K

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

+10.01%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 codes1A2E2J3D

Plan features

1A
Benefits are primarily pay related
Benefits under the plan are primarily determined with reference to a participant's pay (e.g. final-average-pay formula).
2E
Profit-sharing
Profit-sharing plan.
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.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

2 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

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

$469,448

$309,303+51.8%

$420,196+11.7%

$309,303+51.8%

Participation rate

100.0%

96.2%+3.8pp

100.0%0pp

96.2%+3.8pp

Annual return

18.05%

6.50%+11.5pp

9.58%+8.5pp

6.50%+11.5pp

Employer contribution / active EE

$2,500

$25,613-90.2%

$15,604-84.0%

$25,613-90.2%

Participant deferral / active EE

$6,481-100.0%

$7,731-100.0%

$6,481-100.0%

Admin fee / account holder

$31,748-100.0%

$3,510-100.0%

$31,748-100.0%

AFFINITY FINANCIAL ADVISORY 401K

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

AFFINITY FINANCIAL ADVISORY 401K

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