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 | $122,239+60.8% | $184,200+6.7% | $74,546+163.6% |
| Participation rate | 87.1% | 85.5%+1.6pp | 86.8%+0.2pp | 67.2%+19.8pp |
| Annual return | 10.79% | 19.95%-9.2pp | 28.80%-18.0pp | 1366.03%-1355.2pp |
| Employer contribution / active EE | $3,079 | $4,537-32.1% | $6,424-52.1% | $2,624+17.3% |
| Participant deferral / active EE | $8,263 | $7,139+15.8% | $9,132-9.5% | $4,347+90.1% |
| Admin fee / account holder | $458 | $1,260-63.6% | $13,907-96.7% | $1,944-76.4% |