Plan Ledger DOL Form 5500 · updated monthly

Epic Consulting Inc.401(k)

EPIC CONSULTING INC. 401(K) PROFIT SHARING PLAN & TRUST · PHOENIX, AZ · plan year 2024

Reported admin expense ratio · 2024
2.08%

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

Epic Consulting Inc. reported $9,857 in plan administrative expenses for 2024: 2.08% of average plan assets, above the peer median. Employer contributions averaged $0 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 8.70% to 2.08%. The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Arizona (1,197th of 1,285), and 11,394th of 11,654 in professional & technical services. active participation has grown from 186 to 269 since 2022.

Plan summary
Net assets, end of year$602,253
Participants with balances473
Active participants269
Employer contributions$0
Employee contributions$214,518
Employer contribution per active participant$0
Average account balance$1,273
Benefits paid to participants$33,701
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$602K · 473 accts
2023$344K · 281 accts
2022$218K · 346 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,487
Investment management$1,510
Trustee / custodial$860
Total administrative$9,857
The Epic Consulting Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$540

Epic Consulting Inc.'s 2024 employer contribution ran below the $540 median for plans its size, in the bottom 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.

Administrative cost history3
2024$9,857 · 2.08%
2023$33,202 · 11.81%
2022$15,993 · 8.70%
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Source: U.S. Department of Labor, Form 5500 series, EIN 860934111 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.