Plan Snapshot
- Plan Sponsor: Rbc Usa Holdco Corporation
- Sponsor EIN: 200563684
- Sponsor Address: 250 NICOLLET MALL, MINNEAPOLIS, MN, 55401
- Plan Type: 401(k)
- Total Participants: 10,111
- Total Assets: $4.3B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 10,111 | $4.3B | $71.2M | $177.3M |
| 2023 | 10,926 | $3.7B | $65.0M | $165.3M |
| 2022 | 8,957 | $3.2B | $58.9M | $148.1M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $328,712 | — | $328,712 |
| OLSEN THIELEN & CO., LTD | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- OLSEN THIELEN & CO., LTD — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $328,712
- Estimated Expense Ratio: 0.008% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $312,239 | — | — | — | — |
| 2023 | $402,140 | — | — | — | — |
| 2022 | $616,053 | — | — | — | — |