Epic Systems Corporation 401(k) Review & Grade
Epic Systems Corporation 401(k) Plan
Verona, WIProfessional, Scientific & Technical Services13,976 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$4,613Employer $ per active participant
$15,259Employee $ saved per active participant
0.01%Direct admin cost, % of plan assets
$2.9BNet plan assets, end of year
$128,815Average balance per account
Score breakdown
- Employer generosity38.4 / 5077th percentile for employer $ per participant
- Low cost24.0 / 2596th percentile for low admin cost vs. same-size plans
- Employee saving13.7 / 1591th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-13 pts2 issues reported on the filing
Total score73 / 100 · Grade B
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 10,000+ active participants (70 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 77th |
| Lower admin cost | 96th |
| Employee saving | 91th |
| Peers that auto-enroll | 39% |
Red flags from the filing
Benefits not paid when due: the plan reported failing to pay some benefits on time.
Corrective distributions: the plan refunded $209,454 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Epic Systems put in about $4,613 per active participant, more than the typical peer ($2,932). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $64,470,649 |
| Participant (employee) contributions | $213,255,098 |
| Other contributions (incl. rollovers in) | $888,664 |
| Administrative expenses paid from the plan | $271,253 |
| Contract administrator fees | $2,700 |
| Benefits paid out | $58,831,466 |
| Net assets, start / end of year | $2.3B / $2.9B |
| Active participants, start / end of year | 13,955 / 13,997 |
| Participants with account balances | 22,521 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Baker Tilly US, LLP |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $276,096 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250909165359NAL0020434401001, received 2025-09-09, EIN 39-1319950, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.
Get notified when Epic Systems's next filing posts
The most generous employers, the worst red flags, and plain-English 401(k) tips. One email a month.