Filed October 18, 2016 (most recent of 2 filings on file)
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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 | $51,771 |
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 | $53,048 | $54,320-2.3% | $67,652-21.6% | $52,331+1.4% |
| Participation rate | 91.1% | 73.6%+17.5pp | 75.7%+15.5pp | 68.1%+23.0pp |
| Annual return | -0.01% | 6.81%-6.8pp | 6625.40%-6625.4pp | 4.54%-4.6pp |
| Employer contribution / active EE | $784 | $1,544-49.2% | $2,266-65.4% | $1,882-58.4% |
| Participant deferral / active EE | $4,043 | $2,950+37.0% | $3,560+13.6% | $3,022+33.8% |
| Admin fee / account holder | $360 | $527-31.7% | $4,821-92.5% | $592-39.2% |