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| Provider | Service type | Compensation |
|---|---|---|
EPIC RETIREMENT PLAN SERVICES2+ years Filed as: THE RETIREMENT PLAN COMPANY Service code 51 · EIN 38-3712991 | Investment Mgmt Fees | $10,750 |
BARON1 year Filed as: BARON WEALTH MANAGEMENT LLC Service code 28 3150 LIVERNOIS ROAD · TROY, MI 48083 | Investment Management | $5,692 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $28,181 | $74,089-62.0% | $133,975-79.0% | $55,167-48.9% |
| Participation rate | 35.7% | 84.3%-48.6pp | 87.1%-51.4pp | 69.0%-33.3pp |
| Annual return | 11.50% | 12.11%-0.6pp | 29.29%-17.8pp | 169.23%-157.7pp |
| Employer contribution / active EE | $0 | $3,064-100.0% | $5,211-100.0% | $1,963-100.0% |
| Participant deferral / active EE | $1,392 | $4,678-70.2% | $6,282-77.8% | $3,054-54.4% |
| Admin fee / account holder | $225 | $458-50.8% | $9,324-97.6% | $504-55.3% |