Filed October 18, 2016 (most recent of 2 filings on file)
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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 | $30,470 |
MONETA GROUP LLC1 year Filed as: MONETA GROUP, LLC Service code 26 · EIN 20-1903821 | Advisory (Participants) | $19,966 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $50,735 | $60,165-15.7% | $74,184-31.6% | $55,167-8.0% |
| Participation rate | 83.3% | 74.2%+9.2pp | 76.6%+6.7pp | 69.0%+14.3pp |
| Annual return | 6.50% | 10.00%-3.5pp | 17.74%-11.2pp | 169.23%-162.7pp |
| Employer contribution / active EE | $903 | $1,600-43.5% | $2,370-61.9% | $1,963-54.0% |
| Participant deferral / active EE | $4,297 | $2,973+44.6% | $3,550+21.1% | $3,054+40.7% |
| Admin fee / account holder | $341 | $419-18.7% | $5,586-93.9% | $504-32.4% |