The National Advisory Group, Inc.
National Actuarial Consultants, Ltd.
An actuarial, administrative, design and consulting firm
specializing in retirement and employee benefits programs. NAC
provides administration, record keeping, consulting and other
technical and computer support services for its clients' plans.
National Financial Advisors, Inc.
An investment advisory firm registered with the United
States Securities & Exchange Commission under the Investment
Advisors Act of 1940. NFA services retirement plans, businesses
and high-income individuals and is advisor to a mutual fund
family.
NFA Brokerage Services, Inc.
An NASD Broker/Dealer
National Shareholder Services, Inc.
A mutual fund transfer agency which provides shareholder
services for The Dresher Family of Funds.
The Dresher Family of Funds
A No-Load, Mutual Fund that is the Managed Account Option
in our OneStep Investment Series.
Key Facts and Figures
Valuations per year: 517
Plans: 470
401(k) 158
Profit sharing plans 111
MPP 38
Sec 125 27
Comp 20
DB 98
Other 18
Assets Under Management
As of 12-31-2000 $150,000,000
Revenue and Expense Summary
Revenue Expenses
2000 $3,050,000 $1,790,000
Projected 2001 $3,550,000 $2,135,000
Income Impact on PennRock in 2001 (ten months)
Gross Revenue $3,000,000
Expenses (1,665,000)
Income from operations (45%) 1,335,000
Amortization of goodwill and
acquisition costs (300,000)
Income taxes (350,000)
Net income $ 685,000
Shares outstanding 6,000,000
Earnings per share $ .11
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