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| Provider | Service type | Compensation |
|---|---|---|
RBC WEALTH MANAGEMENT4 years Filed as: RBC CAPITAL MARKETS CORP Service code 26 · EIN 41-1416330 60 SOUTH 6TH STREET · MINNEAPOLIS, MN 55402 | Advisory (Participants) | $25,531 |
Filed as: JOHN HANCOCK LIFE INSURANCE CO USA Service code 15 · EIN 01-0233346 | Recordkeeping | $670 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $74,066 | $73,638+0.6% | $95,960-22.8% | $73,493+0.8% |
| Participation rate | 74.8% | 76.2%-1.4pp | 77.1%-2.3pp | 70.7%+4.1pp |
| Annual return | 11.68% | 16.78%-5.1pp | 91.63%-80.0pp | 28.51%-16.8pp |
| Employer contribution / active EE | $598 | $1,863-67.9% | $2,541-76.5% | $2,270-73.7% |
| Participant deferral / active EE | $1,486 | $3,617-58.9% | $4,167-64.3% | $3,740-60.3% |
| Admin fee / account holder | $307 | $482-36.3% | $6,797-95.5% | $513-40.2% |