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| Provider | Service type | Compensation |
|---|---|---|
Filed as: FIRST-CITIZENS BANK & TRUST COMPANY Service code 21 · EIN 56-0223230 | Bank Trustee | $37,074 |
CHARLES SCHWAB & CO., INC.1+ years Filed as: CHARLES SCHWAB TRUST COMPANY Service code 19 · EIN 42-1558009 | Securities Custodian | $2,602 |
CHARLES SCHWAB & CO., INC.1+ years Service code 59 · EIN 94-1737782 | Shareholder Servicing | $0 |
EPIC RETIREMENT PLAN SERVICES1+ years Filed as: EPIC ADVISORS, INC. Service code 15 · EIN 16-1450952 | Recordkeeping | $0 |
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 | $40,933 | $50,498-18.9% | $75,784-46.0% | $55,191-25.8% |
| Participation rate | 46.7% | 69.4%-22.7pp | 75.8%-29.1pp | 69.2%-22.4pp |
| Annual return | 0.10% | 1.80%-1.7pp | 9.68%-9.6pp | 10.78%-10.7pp |
| Employer contribution / active EE | $255 | $2,291-88.9% | $3,323-92.3% | $1,899-86.6% |
| Participant deferral / active EE | $1,507 | $2,589-41.8% | $3,652-58.7% | $3,046-50.5% |
| Admin fee / account holder | $214 | $123+74.2% | $5,300-96.0% | $91+136.1% |