Retirement plan

FORT MCDOWELL YAVAPAI NATION RETIREMENT PLAN

Name: FORT MCDOWELL YAVAPAI NATION - FORT MCDOWELL YAVAPAI NATION RETIREMENT PLAN (2023) Form 5500
Creator: FORT MCDOWELL YAVAPAI NATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FORT MCDOWELL YAVAPAI NATION RETIREMENT PLAN, FORT MCDOWELL YAVAPAI NATION

FORT MCDOWELL YAVAPAI NATIONEIN 86-0208930Plan #003PY 2023

P.O. BOX 18359 - FOUNTAIN HILLS, AZ 85269480-837-5121fmyavapaimaterials.comLinkedIn11-50 employeesbuilding materials

Prospect flagsLow returnsFailed to transmit contributionsFailed to provide benefit

How to read this page

Total assets (EOY)

$61.4M

+15.3% from 2022

Total participants

1,441

+4.4% from 2022

Average account balance

$55,716

+15.4% from 2022

Annual return

15.50%

+30.88 pp from 2022

Benchmarks

See 144 peers

Peer group

Industry71 - Arts, Entertainment, and Recreation

Plan typeDefined contribution

Participants1,000-4,999

Cohort144 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$66.14M

Not enough data

1 years with asset history on file

Average account balance

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

$58K

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.

1,134

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.

78.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$5.82M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+11.32%

Not enough data

1 years with return on file

Admin fee / account holder

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

$172

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 3 by compensation

Provider	Service type	Compensation
FIDELITY INVESTMENTS INSTITUTIONAL9+ years Service code 37 · EIN 04-2647786	Loan Processing	$108,306
CAPFINANCIAL PARTNERS LLC2 years Service code 27 · EIN 26-0058143	Advisory (Plan)	$37,500
STRATEGIC ADVISORS, INC.9+ years Service code 27 · EIN 04-2654524	Advisory (Plan)	$13,463

Plan features & details

Pension benefit codes2S2E2F2G2J2K2R2T

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.

Opportunity flags

3 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
ComplianceFailed to provide benefit
Form 5500 reported that benefits due were not provided when due.

Expense breakdown

Schedule H Part II

Admin total

$159K

$128 / participant

Recordkeeping$108K68.0%
Investment mgmt$51K32.0%

% of EOY assets

0.259%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: REDW
Auditor EIN: 850203431
Audit fees: $0
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$55,716

$57,775-3.6%

$121,210-54.0%

$80,169-30.5%

Participation rate

72.7%

59.1%+13.6pp

69.5%+3.2pp

72.9%-0.2pp

Annual return

15.50%

20.30%-4.8pp

987.41%-971.9pp

40.39%-24.9pp

Employer contribution / active EE

$1,656

$2,132-22.3%

$4,171-60.3%

$2,978-44.4%

Participant deferral / active EE

$2,642

$3,109-15.0%

$4,084-35.3%

$5,016-47.3%

Admin fee / account holder

$145

$122+18.9%

$5,647-97.4%

$145-0.3%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL9+ years

Service code 37 · EIN 04-2647786

Loan Processing

$108,306

CAPFINANCIAL PARTNERS LLC2 years

Service code 27 · EIN 26-0058143

Advisory (Plan)

$37,500

STRATEGIC ADVISORS, INC.9+ years

Service code 27 · EIN 04-2654524

Advisory (Plan)

$13,463

FORT MCDOWELL YAVAPAI NATION RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FORT MCDOWELL YAVAPAI NATION 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