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| Provider | Service type | Compensation |
|---|---|---|
EPIC RETIREMENT PLAN SERVICES3+ years Filed as: RETIREMENT PLAN SERVICES, LLC Service code 15 · EIN 43-1904010 | Recordkeeping | $66,551 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
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 | $81,026 | $89,739-9.7% | $149,721-45.9% | $62,293+30.1% |
| Participation rate | 85.6% | 85.1%+0.5pp | 87.1%-1.5pp | 69.5%+16.0pp |
| Annual return | 14.17% | 21.01%-6.8pp | 1501.67%-1487.5pp | 28.90%-14.7pp |
| Employer contribution / active EE | $1,993 | $3,233-38.4% | $5,444-63.4% | $2,042-2.4% |
| Participant deferral / active EE | $5,486 | $4,797+14.4% | $6,568-16.5% | $3,169+73.1% |
| Admin fee / account holder | $358 | $551-35.1% | $11,282-96.8% | $479-25.4% |