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| Provider | Service type | Compensation |
|---|---|---|
EPIC RETIREMENT PLAN SERVICES1+ years Filed as: RETIREMENT PLAN SERVICES, LLC Service code 15 · EIN 43-1904010 | Recordkeeping | $52,158 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $82,244 | $57,921+42.0% | $84,753-3.0% | $57,658+42.6% |
| Participation rate | 41.2% | 72.9%-31.7pp | 76.6%-35.4pp | 70.2%-29.0pp |
| Annual return | 8.60% | 10.24%-1.6pp | 22.78%-14.2pp | 5.13%+3.5pp |
| Employer contribution / active EE | $1,324 | $2,598-49.0% | $3,574-62.9% | $1,974-32.9% |
| Participant deferral / active EE | $2,467 | $2,742-10.0% | $3,712-33.5% | $3,061-19.4% |
| Admin fee / account holder | $435 | $130+235.2% | $5,333-91.8% | $95+359.8% |