| Provider | Service type | Compensation |
|---|---|---|
EPIC RETIREMENT PLAN SERVICES2+ years Filed as: NESTEGGS RETIREMENT PLAN SVCS, LLC Service code 12 · EIN 59-3664112 10407 CENTURION PARKWAY NORTH · JACKSONVILLE, FL 32256 | Recordkeeping and information managem... | $56,996 |
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.)
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $50,334 | $41,155+22.3% | $80,669-37.6% | $71,535-29.6% |
| Participation rate | 65.4% | 50.2%+15.1pp | 67.0%-1.6pp | 67.9%-2.6pp |
| Annual return | 73.18% | 38.53%+34.6pp | 937.61%-864.4pp | 28.97%+44.2pp |
| Employer contribution / active EE | $2,394 | $1,513+58.2% | $2,724-12.1% | $2,590-7.6% |
| Participant deferral / active EE | $6,123 | $2,700+126.8% | $4,444+37.8% | $4,292+42.7% |
| Admin fee / account holder | $368 | $1,842-80.0% | $5,384-93.2% | $1,589-76.9% |