Arizona Financial Credit Union 401(k) Review & Grade
Arizona Financial Credit Union Capital Accumulation Plan
Phoenix, AZFinance & Insurance664 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$6,474Employer $ per active participant
$4,264Employee $ saved per active participant
0.23%Direct admin cost, % of plan assets
$66.7MNet plan assets, end of year
$73,590Average balance per account
Score breakdown
- Employer generosity39.6 / 5079th percentile for employer $ per participant
- Low cost12.4 / 2550th percentile for low admin cost vs. same-size plans
- Employee saving2.3 / 1515th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score57 / 100 · Grade C
This plan vs. peers
Peers: Finance & Insurance plans with 500–2,499 active participants (754 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 79th |
| Lower admin cost | 50th |
| Employee saving | 15th |
| Peers that auto-enroll | 62% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Arizona Financial Credit Union put in about $6,474 per active participant, more than the typical peer ($3,606). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $4,301,661 |
| Participant (employee) contributions | $2,833,476 |
| Other contributions (incl. rollovers in) | $146,722 |
| Administrative expenses paid from the plan | $147,185 |
| Contract administrator fees | $138,108 |
| Investment advisory & management fees | $7,497 |
| Other admin expenses | $1,580 |
| Benefits paid out | $8,242,918 |
| Net assets, start / end of year | $60.0M / $66.7M |
| Active participants, start / end of year | 634 / 695 |
| Participants with account balances | 907 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Baker Tilly |
Largest service providers (Schedule C)
| World Investment Advisors, LLC | $97,113 reported compensation |
| Empower Annuity Insurance Company | $28,679 reported compensation |
| Saalfeld Griggs PC | $7,497 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015164147NAL0002764579001, received 2025-10-15, EIN 86-0101004, plan #033, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.