Filed February 1, 2022 (most recent of 3 filings on file)
Total covered: 140 employees
See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 10-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
| Provider | Service type | Compensation |
|---|---|---|
RBC WEALTH MANAGEMENT6 years Filed as: RBC CAPITAL MARKETS LLC Service code 27 60 S 6TH ST · MINNEAPOLIS, MN 55402 | Advisory (Plan) | $300,000 |
AMERICAN FUNDS7 years Filed as: CAPITAL GROUP RETIREMENT PLAN SVCS. Service code 25 · EIN 82-4555287 | Directed Trustee | $279,391 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $77,506 | $77,577-0.1% | $101,794-23.9% | $140,769-44.9% |
| Participation rate | 59.0% | 56.8%+2.2pp | 69.2%-10.2pp | 74.2%-15.2pp |
| Annual return | 18.05% | 14.47%+3.6pp | 30.53%-12.5pp | 16.82%+1.2pp |
| Employer contribution / active EE | $553 | $1,318-58.0% | $2,289-75.8% | $3,906-85.8% |
| Participant deferral / active EE | $1,966 | $2,205-10.9% | $4,084-51.9% | $6,717-70.7% |
| Admin fee / account holder | $12 | $84-85.9% | $8,777-99.9% | $229-94.8% |