Plan Ledger DOL Form 5500 · updated monthly

Rbc, Incorporated401(k)

RBC EMPLOYEE RETIREMENT PLAN · ALEXANDRIA, VA · plan year 2023

Reported admin expense ratio · 2023
0.26%

Rbc, Incorporated reported $66,189 in plan administrative expenses for 2023: 0.26% of average plan assets, below the peer median. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.38% to 0.25%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other professional & technical services employers. By assets it is the 795th-largest of 2,266 plans among Virginia employers on file, and the 4,484th of 11,654 in professional & technical services. In 2023, employees put in $3.49 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$27,089,370
Participants with balances0
Active participants0
Employer contributions$286,276
Employee contributions$997,855
Employer contribution per active participant—
Average account balance—
Benefits paid to participants$1,940,302
Plan auditUnmodified (clean) audit opinion
AuditorCOHREZNICK LLP
Plan history3
Yearassets · accounts · employer contribution
2024$24.3M · $283K emplr
2023$27.1M · $286K emplr
2022$24.8M · 126 accts · $281K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$27,152
Investment management$39,037
Total administrative$66,189
What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
KESTRA ADVISORY SERVICES LLC · Investment advisory (plan)$38,906
EMPOWER ADVISORY GROUP, LLC · Investment management$131

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$65,342 · 0.25%
2023$66,189 · 0.26%
2022$98,969 · 0.38%
Similar plansProfessional & Technical Services · Virginia
Drt Strategies Inc VA$27.2M · 0.42%
Kositzka, Wicks and Company VA$26.8M · 0.29%
IT Concepts VA$26.8M · 0.41%
Lts VA$26.8M · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 540990960 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.