Retirement plan

AFFINITY FINANCIAL ADVISORY 401K

Name: AFFINITY FINANCIAL ADVISORY - AFFINITY FINANCIAL ADVISORY 401K (2019) 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 2019

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

Prospect flagsHigh assets / participant

How to read this page

Total assets (EOY)

$1.2M

+32.3% from 2018

Total participants

0.0% from 2018

Average account balance

$578,853

+32.3% from 2018

Annual return

25.60%

+36.27 pp from 2018

Benchmarks

See 173 peers

Peer group

Industryany (size+type match)

Plan typeDB + DC

Participants<25

Cohort173 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.08M

Not enough data

1 years with asset history on file

Average account balance

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

$359K

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

$124K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$62K

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

+5.77%

Not enough data

1 years with return on file

Admin fee / account holder

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

$276885

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

1 tripped

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

$578,853

$483,246+19.8%

$1,118,625-48.3%

$483,246+19.8%

Participation rate

100.0%

93.7%+6.3pp

100.0%0pp

93.7%+6.3pp

Annual return

25.60%

24.97%+0.6pp

64.20%-38.6pp

24.97%+0.6pp

Employer contribution / active EE

$12,500

$28,334-55.9%

$23,670-47.2%

$28,334-55.9%

Participant deferral / active EE

$17,000

$7,967+113.4%

$10,324+64.7%

$7,967+113.4%

Admin fee / account holder

$20,852-100.0%

$27,347-100.0%

$20,852-100.0%

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