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| Provider | Service type | Compensation |
|---|---|---|
CITY STATE BANK6+ years Service code 21 · EIN 42-0443990 | Bank Trustee | $63,830 |
EPIC RETIREMENT PLAN SERVICES6+ years Filed as: EPIC ADVISORS, INC. Service code 15 · EIN 16-1450952 | Recordkeeping | $1,855 |
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 | $78,814 | $81,474-3.3% | $133,959-41.2% | $73,493+7.2% |
| Participation rate | 78.7% | 76.4%+2.3pp | 79.8%-1.1pp | 70.7%+8.0pp |
| Annual return | 14.79% | 19.40%-4.6pp | 45.09%-30.3pp | 28.51%-13.7pp |
| Employer contribution / active EE | $1,163 | $2,209-47.4% | $3,919-70.3% | $2,270-48.8% |
| Participant deferral / active EE | $4,818 | $3,786+27.2% | $5,047-4.5% | $3,740+28.8% |
| Admin fee / account holder | $398 | $713-44.2% | $8,928-95.5% | $513-22.4% |