Filed October 7, 2022
See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 10-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
| Provider | Service type | Compensation |
|---|---|---|
RBC WEALTH MANAGEMENT1 year Filed as: RBC WEALTH MGMT A DIV OF RBC CAP Service code 55 · EIN 41-1416330 | Other Commissions | $6,472 |
Service code 37 · EIN 04-2647786 | Loan Processing | $1,325 |
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $56,857 | $58,726-3.2% | $92,233-38.4% | $62,292-8.7% |
| Participation rate | 86.9% | 68.3%+18.6pp | 76.5%+10.4pp | 69.5%+17.4pp |
| Annual return | 19.37% | 43.62%-24.2pp | 176.28%-156.9pp | 28.90%-9.5pp |
| Employer contribution / active EE | $2,241 | $2,392-6.3% | $3,679-39.1% | $2,042+9.7% |
| Participant deferral / active EE | $3,559 | $2,766+28.7% | $3,897-8.7% | $3,169+12.3% |
| Admin fee / account holder | $13 | $556-97.7% | $5,194-99.8% | $479-97.3% |