Plan Snapshot
- Plan Sponsor: Epam Systems, INC
- Sponsor EIN: 223536104
- Sponsor Address: 41 UNIVERSITY DRIVE, SUITE 202, NEWTOWN, PA, 18940
- Plan Type: 401(k)
- Total Participants: 3,012
- Total Assets: $453.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 3,012 | $453.5M | $18.1M | $41.5M |
| 2023 | 3,037 | $358.5M | $18.8M | $42.9M |
| 2022 | 3,485 | $258.8M | $20.1M | $41.8M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $216,137 | — | $216,137 |
| NFP RETIREMENT INC | ADVISOR | $55,000 | — | $55,000 |
| KREISCHER MILLER | ACCOUNTANT/AUDITOR | $25,025 | — | $25,025 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- NFP RETIREMENT INC — ADVISOR
- KREISCHER MILLER — ACCOUNTANT/AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $296,162
- Estimated Expense Ratio: 0.065% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $293,819 | $55,000 | $300 | $25,025 | — |
| 2023 | $329,473 | $329,473 | — | — | — |
| 2022 | $311,639 | — | — | — | — |