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| Provider | Service type | Compensation |
|---|---|---|
EPIC RETIREMENT PLAN SERVICES2+ years Filed as: RETIREMENT PLAN SERVICES, LLC Service code 15 · EIN 43-1904010 | Recordkeeping | $63,094 |
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 | $225,988 | $60,545+273.3% | $92,240+145.0% | $69,631+224.6% |
| Participation rate | 19.5% | 72.2%-52.6pp | 76.5%-56.9pp | 70.7%-51.1pp |
| Annual return | 15.45% | 19.71%-4.3pp | 176.29%-160.8pp | 27571.02%-27555.6pp |
| Employer contribution / active EE | $1,356 | $2,633-48.5% | $3,680-63.1% | $2,032-33.3% |
| Participant deferral / active EE | $2,457 | $2,828-13.1% | $3,897-36.9% | $3,224-23.8% |
| Admin fee / account holder | $1,168 | $145+707.1% | $5,194-77.5% | $110+958.0% |