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| Provider | Service type | Compensation |
|---|---|---|
RBC WEALTH MANAGEMENT4 years Filed as: RBC CAPITAL MARKETS LLC Service code 27 · EIN 41-1416330 60 SOUTH SIXTH STREET, P10 · MINNEAPOLIS, MN 55402 | Advisory (Plan) | $81,301 |
BOYUM & BARENSCHEER PLLP2 years Filed as: BOYUM BARENSCHEER CPA Service code 10 · EIN 41-6192096 3050 METRO DRIVE, SUITE 200 · BLOOMINGTON, MN 55425 | Accounting | $17,250 |
Filed as: TAX SHELTERED COMPENSATION Service code 13 · EIN 41-0955056 7365 KIRKWOOD COURT NORTH, STE 200 · MAPLE GROVE, MN 55369 | Contract Administrator | $13,000 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Assets per participant exceed $250,000 - top-decile high-value plan.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $321,916 | $55,470+480.3% | $155,556+106.9% | $74,478+332.2% |
| Participation rate | 100.0% | 61.9%+38.1pp | 78.2%+21.8pp | 67.2%+32.8pp |
| Annual return | 14.01% | 269.80%-255.8pp | 64.84%-50.8pp | 1370.56%-1356.6pp |
| Employer contribution / active EE | $13,745 | $2,267+506.4% | $4,675+194.0% | $2,626+423.4% |
| Participant deferral / active EE | $9,903 | $2,838+249.0% | $5,631+75.9% | $4,350+127.6% |
| Admin fee / account holder | $712 | $1,744-59.2% | $15,885-95.5% | $1,946-63.4% |