Plan Ledger DOL Form 5500 · updated monthly

Epec, LLC401(k)

EPEC, LLC 401(K) PLAN · NEW BEDFORD, MA · plan year 2024

Reported admin expense ratio · 2024
0.01%

Peer grade: A · admin costs + employer contributions vs same-size plans · how grading works

Epec, LLC reported $1,219 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,373 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.02% to 0.01%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Massachusetts (1,872nd of 2,726), and 8,636th of 13,661 in manufacturing. In 2024, employees put in $1.21 for every $1.00 the employer contributed; active participation has grown from 138 to 161 since 2022.

Plan summary
Net assets, end of year$10,329,863
Participants with balances193
Active participants161
Employer contributions$543,132
Employee contributions$659,474
Employer contribution per active participant$3,373
Average account balance$53,523
Benefits paid to participants$537,646
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.3M · 193 accts · $543K emplr
2023$8.3M · 159 accts · $456K emplr
2022$6.5M · 161 accts · $436K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,219
Total administrative$1,219
The Epec, LLC 401(k) match · 2024
Employer contribution per active participant$3,373
Median for plans this size$1,313
2024$3,373 per active participant
2023$3,126 per active participant
2022$3,159 per active participant

Epec, LLC's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$1,219
LPL FINANCIAL LLCindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$1,219 · 0.01%
2023$831 · 0.01%
2022$1,131 · 0.02%
Similar plansManufacturing · Massachusetts
Walpole Outdoors MA$10.6M · 0.50%
Lyn Lad Group, LTD MA$10.6M · 0.33%
Crrc Ma Corporation MA$10.6M · 0.03%
Slade Gorton & Co., Inc. MA$10.3M · 0.25%
Valley Steel Stamp Inc MA$10.1M · 0.60%

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Source: U.S. Department of Labor, Form 5500 series, EIN 651189710 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.