Filed August 14, 2025
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| Provider | Service type | Compensation |
|---|---|---|
RBC WEALTH MANAGEMENT3 years Service code 27 · EIN 41-1416330 | Advisory (Plan) | $40,289 |
Service code 37 · EIN 04-2647786 | Loan Processing | $27,507 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $196,525 | $122,063+61.0% | $184,256+6.7% | $74,478+163.9% |
| Participation rate | 87.1% | 85.5%+1.6pp | 86.8%+0.2pp | 67.2%+19.8pp |
| Annual return | 10.79% | 19.92%-9.1pp | 28.85%-18.1pp | 1370.56%-1359.8pp |
| Employer contribution / active EE | $3,079 | $4,539-32.2% | $6,427-52.1% | $2,626+17.2% |
| Participant deferral / active EE | $8,263 | $7,144+15.7% | $9,133-9.5% | $4,350+89.9% |
| Admin fee / account holder | $458 | $1,253-63.4% | $13,899-96.7% | $1,946-76.5% |