Epic Aircraft LLC 401(k) Review & Grade
Epic Aircraft LLC 401(k) Plan
Bend, ORManufacturing518 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,272Employer $ per active participant
$2,225Employee $ saved per active participant
0.57%Direct admin cost, % of plan assets
$8.9MNet plan assets, end of year
$14,703Average balance per account
Score breakdown
- Employer generosity12.2 / 5024th percentile for employer $ per participant
- Low cost4.8 / 2519th percentile for low admin cost vs. same-size plans
- Employee saving2.2 / 1514th percentile for employee $ per participant
- Plan features0 / 10No auto-enrollment or default investment reported
- Red-flag deductions-10 pts1 issue reported on the filing
Total score9 / 100 · Grade F
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 24th |
| Lower admin cost | 19th |
| Employee saving | 14th |
| Peers that auto-enroll | 59% |
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Red flags from the filing
Late deposits: the filing says some employee contributions were not sent to the plan on time ($46,395 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
What to do if you're in this plan
- Epic Aircraft put in about $1,272 per active participant, below the typical peer ($2,320). Any match is still an instant return, so contribute enough to get all of it.
- 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.
- Direct plan expenses (0.57% of assets) are well above similar-size plans (0.23%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- The plan reported late deposits of employee contributions. Compare your pay stubs with your account statements, and contact the plan administrator if money shows up late.
- 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 | $658,456 |
| Participant (employee) contributions | $1,151,512 |
| Other contributions (incl. rollovers in) | $29,626 |
| Administrative expenses paid from the plan | $45,497 |
| Contract administrator fees | $45,497 |
| Benefits paid out | $821,441 |
| Net assets, start / end of year | $7.1M / $8.9M |
| Active participants, start / end of year | 549 / 486 |
| Participants with account balances | 605 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Green Hasson Janks LLP |
Largest service providers (Schedule C)
| Wells Fargo Advisors | $53,628 reported compensation |
| Proaccount | $37,625 reported compensation |
| Raymond James Financial Services in | $2,579 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251008112626NAL0005475985001, received 2025-10-08, EIN 90-0815120, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.