Retirement plan

YAVAPAI PRESCOTT INDIAN TRIBE EMPLOYEE SAVINGS AND RETIREMENT PLAN

Name: YAVAPAI PRESCOTT INDIAN TRIBE - YAVAPAI PRESCOTT INDIAN TRIBE EMPLOYEE SAVINGS AND RETIREMENT PLAN (2020) Form 5500
Creator: YAVAPAI PRESCOTT INDIAN TRIBE
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, YAVAPAI PRESCOTT INDIAN TRIBE EMPLOYEE SAVINGS AND RETIREMENT PLAN, YAVAPAI PRESCOTT INDIAN TRIBE

YAVAPAI PRESCOTT INDIAN TRIBEEIN 82-0300206Plan #001PY 2020

530 E. MERRITT - PRESCOTT, AZ 86301928-445-8790ypit.comLinkedIn51-200 employeesgovernment administration

Prospect flagsLow returnsLow participation

How to read this page

Total assets (EOY)

$10.5M

+10.8% from 2019

Total participants

402

+2.0% from 2019

Average account balance

$38,243

+3.1% from 2019

Annual return

11.03%

-7.91 pp from 2019

Benchmarks

See 374 peers

Peer group

Industry71 - Arts, Entertainment, and Recreation

Plan typeDefined contribution

Participants250-999

Cohort374 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$14.35M

Not enough data

1 years with asset history on file

Average account balance

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

$45K

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.

321

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.

85.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.06M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+10.87%

Not enough data

1 years with return on file

Admin fee / account holder

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

$162

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 2 by compensation

Provider	Service type	Compensation
WEALTH RESCUE STRATEGIES, INC.4 years Service code 27 · EIN 86-0812057	Advisory (Plan)	$25,016
STANCORP FINANCIAL GROUP4 years Service code 12 · EIN 93-1253576	Direct payment from the plan; Custodi...	$17,781

Plan features & details

Pension benefit codes2E2F2G2J2K3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
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.
2K
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 contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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 participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$40K

$111 / participant

Contract admin$40K100.0%

% of EOY assets

0.382%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: SNYDER & BUTLER, CPAS
Auditor EIN: 472093987
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$38,243

$54,121-29.3%

$134,155-71.5%

$73,412-47.9%

Participation rate

64.4%

64.4%+0.1pp

72.2%-7.7pp

Annual return

11.03%

-312.52%+323.6pp

36.34%-25.3pp

59.30%-48.3pp

Employer contribution / active EE

$818

$1,402-41.6%

$3,705-77.9%

$2,234-63.4%

Participant deferral / active EE

$2,922

$2,844+2.8%

$3,500-16.5%

$3,806-23.2%

Admin fee / account holder

$146

$132+10.3%

$6,685-97.8%

$158-7.6%

Provider

Service type

Compensation

WEALTH RESCUE STRATEGIES, INC.4 years

Service code 27 · EIN 86-0812057

Advisory (Plan)

$25,016

STANCORP FINANCIAL GROUP4 years

Service code 12 · EIN 93-1253576

Direct payment from the plan; Custodi...

$17,781

YAVAPAI PRESCOTT INDIAN TRIBE EMPLOYEE SAVINGS AND RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

YAVAPAI PRESCOTT INDIAN TRIBE EMPLOYEE SAVINGS AND RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion