Plan Ledger DOL Form 5500 · updated monthly

Epitec, Inc.401(k)

EPITEC, INC. 401(K) PROFIT SHARING PLAN AND TRUST · SOUTHFIELD, MI · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Epitec, Inc. reported $45,259 in plan administrative expenses for 2024: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $292 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 0.17% to 0.10%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 543rd-largest of 2,619 plans among Michigan employers on file, and the 2,905th of 11,654 in professional & technical services. In 2024, employees put in $13.84 for every $1.00 the employer contributed; active participation has shrunk from 1,289 to 954 since 2022.

Plan summary
Net assets, end of year$46,965,503
Participants with balances930
Active participants954
Employer contributions$278,108
Employee contributions$3,849,215
Employer contribution per active participant$292
Average account balance$50,501
Benefits paid to participants$6,511,678
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$47.0M · 930 accts · $278K emplr
2023$43.4M · 1,011 accts · $497K emplr
2022$39.0M · 1,086 accts · $599K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,759
Investment management$17,500
Total administrative$45,259
The Epitec, Inc. 401(k) match · 2024
Employer contribution per active participant$292
Median for plans this size$2,416
2024$292 per active participant
2023$475 per active participant
2022$465 per active participant

Epitec, Inc.'s 2024 employer contribution ran below the $2,416 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.

Service providers · 20243
ADP, INC. · Loan processing · Recordkeeping$27,758
PLANTE & MORAN, PLLC · Recordkeeping · Pension consulting$17,500
ADP BROKER-DEALER · Other servicesindirect comp

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

Recordkeeper by year2
2024ADP, PLANTE & MORAN, PLLC
2023ADP, CARNOW & ASSOCIATES, LTD., PLANTE & MORAN, PLLC

This plan has changed recordkeepers within these filings. If you left Epitec, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$45,259 · 0.10%
2023$67,212 · 0.16%
2022$71,535 · 0.17%
Same employer
Similar plansProfessional & Technical Services · Michigan
Spicer Group, Inc. MI$54.1M · 0.33%
Bs&A Software MI$51.9M · 0.27%
Yeo & Yeo Employees, Inc. MI$50.3M · 0.22%
Cuanswers, Inc. MI$47.9M · 0.06%
Garan Lucow Miller, P.C. MI$46.1M · 0.18%
Koops, Inc. MI$43.6M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382563079 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.