About Royal Bank Of Canada
<p>Retirement plan administration is one of the areas handled by Royal Bank of Canada (RBC), a financial institution founded in 1864. Headquartered in Toronto in the Greater Toronto Area, RBC supports employers with retirement and employee benefit plan work across Canadian and U.S. needs.</p> <p>RBC works with plan sponsors on plan design and administration for arrangements such as Deferred Profit Sharing Plans (DPSPs), Registered Pension Plans (RPPs), and Group Retirement Savings Plans. Through RBC Wealth Management’s Institutional Consulting Group, the firm also provides U.S.-focused retirement plan consulting.</p> <p>For organizations that need strong oversight, RBC offers fiduciary audit and compliance support aligned with established assurance frameworks, including ISAE 3402 and SSAE No. 18. RBC also reports QPAMs that oversee approximately $1.5 billion in ERISA plan assets.</p> <p>What sets RBC apart is the combination of bank-scale resources (about 98,000 employees) with retirement-plan-specific consulting and controls that map to recognized assurance standards.</p> <ul> <li>Plan design and setup for employer retirement programs</li> <li>Administration for DPSPs, RPPs, and group retirement savings plans</li> <li>Fiduciary audit support and plan governance reviews</li> <li>Compliance support aligned with ISAE 3402 and SSAE No. 18</li> <li>U.S. retirement plan consulting via Institutional Consulting Group</li> </ul>
Founded: 1864
Employees: 98000
Office Locations
- Toronto, ON (Headquarters)
Services Offered
- Plan Design Consulting
- Fiduciary Audit Services
- Compliance Services