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| Provider | Service type | Compensation |
|---|---|---|
RBC WEALTH MANAGEMENT2 years Filed as: RBC CAPITAL MARKETS LLC Service code 99 · EIN 41-1416330 | Other Fees | $78,312 |
RBC WEALTH MANAGEMENT8+ years Service code 27 · EIN 41-1416330 60 SOUTH SIXTH STREET, P10 · MINNEAPOLIS, MN 55402 | Advisory (Plan) | $35,177 |
Filed as: TAX SHELTERED COMPENSATION Service code 13 · EIN 41-0955056 7365 KIRKWOOD COURT NORTH, STE 200 · MAPLE GROVE, MN 55369 | Contract Administrator | $11,150 |
BOYUM & BARENSCHEER PLLP1 year Service code 10 · EIN 41-6192096 3050 METRO DRIVE, SUITE 200 · BLOOMINGTON, MN 55425 | Accounting | $9,780 |
Service code 64 · EIN 71-0294708 | Recordkeeping Fees | $0 |
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 | $288,316 | $65,083+343.0% | $143,788+100.5% | $66,930+330.8% |
| Participation rate | 100.0% | 65.2%+34.8pp | 80.3%+19.7pp | 69.8%+30.2pp |
| Annual return | -16.00% | -11.13%-4.9pp | -0.03%-16.0pp | 1.57%-17.6pp |
| Employer contribution / active EE | $14,011 | $2,361+493.4% | $4,952+183.0% | $2,545+450.6% |
| Participant deferral / active EE | $9,330 | $2,920+219.5% | $5,638+65.5% | $4,238+120.2% |
| Admin fee / account holder | $719 | $502+43.2% | $14,675-95.1% | $593+21.2% |