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| Provider | Service type | Compensation |
|---|---|---|
EPIC RETIREMENT PLAN SERVICES3+ years Filed as: RETIREMENT PLAN SOLUTIONS Service code 15 · EIN 30-0337628 | Recordkeeping | $5,550 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant 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 | $33,362 | $63,314-47.3% | $91,004-63.3% | $62,293-46.4% |
| Participation rate | 59.5% | 73.3%-13.8pp | 75.6%-16.1pp | 69.5%-10.0pp |
| Annual return | 14.35% | 21.00%-6.6pp | 4.60%+9.8pp | 28.90%-14.5pp |
| Employer contribution / active EE | $253 | $1,807-86.0% | $2,456-89.7% | $2,042-87.6% |
| Participant deferral / active EE | $1,778 | $2,944-39.6% | $3,548-49.9% | $3,169-43.9% |
| Admin fee / account holder | $67 | $468-85.7% | $5,417-98.8% | $479-86.1% |