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| Provider | Service type | Compensation |
|---|---|---|
CITY STATE BANK4+ years Service code 21 · EIN 42-0443990 | Bank Trustee | $51,477 |
EPIC RETIREMENT PLAN SERVICES4+ years Filed as: EPIC ADVISORS, INC. Service code 15 · EIN 16-1450952 | Recordkeeping | $3,335 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $52,979 | $66,302-20.1% | $110,241-51.9% | $56,287-5.9% |
| Participation rate | 83.4% | 74.9%+8.5pp | 79.8%+3.6pp | 69.9%+13.6pp |
| Annual return | -6.40% | -1.18%-5.2pp | 314.75%-321.1pp | -9.96%+3.6pp |
| Employer contribution / active EE | $1,051 | $2,047-48.7% | $3,827-72.5% | $2,111-50.2% |
| Participant deferral / active EE | $4,306 | $3,381+27.3% | $4,672-7.8% | $3,350+28.5% |
| Admin fee / account holder | $339 | $698-51.5% | $8,548-96.0% | $521-35.0% |