Retirement plan
CRC INSURANCE SERVICES, INC. 401(K) PROFIT SHARING RETIREMENT PLAN
BB & T CORPORATIONEIN 56-0939887Plan #020PY 2015
P.O. BOX 1215 - WINSTON-SALEM, NC 271021215800-716-2455
Other plans on this EIN
3 filingsProspect flagsNo flags tripped
Filing contacts
From the Form 5500, federal recordPlan administrator signer
STEVE REEDER, SR. VICE PRESIDENT
Signed 07/28/2016
Plan administrator entity
EMPLOYEE BENEFITS PLAN COMMITTEE BB & T CORPORATION
EIN 560939887
Summary metrics
Total assets (EOY)
$187.5M
No prior year
Total participants
1,898
No prior year
Average account balance
$106,829
No prior year
Annual return
1.48%
+104.41 pp from 2016
Benchmarks
Peer group
Industry52 - Finance and Insurance
Plan typeDefined contribution
Participants1,000-4,999
Cohort487 peers
Snapshot2015
67
Participant deferral / active EE
$6,419
median $4,524
71
Employer contribution / active EE
$4,247
median $2,531
37
Participation rate
91.1%
median 94.6%
76
Avg account balance
$106,829
median $62,142
77
Admin fee / account holder
$9
median $36
61
Annual return
1.48%
median 0.89%
Overall peer rank
65of 100
65th percentileavg across 6 metrics
Analytics
Less than 3 years of history available for this plan
We'll show a chart here once at least 3 consecutive filings are on record.
Service providers
Top 1 by compensation
| Provider | Service type | Compensation |
|---|---|---|
BB&T1+ years Service code 21 ยท EIN 56-1368984 | Bank Trustee | $11,415 |
Top hat statement on fileNQDC
Filed October 18, 2004
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
Plan features & details
Pension benefit codes2A2E2F2G2J2K2T3H
Plan features
- 2AAge/service weighted or new comparability planAge/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
- 2EProfit-sharingProfit-sharing plan.
- 2FERISA section 404(c) planThis plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
- 2GTotal participant-directed account planParticipants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
- 2JCode section 401(k) featureCash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
- 2KCode section 401(m) arrangementEmployee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
- 2TDefault investment accountTotal or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
- 3HControlled group memberPlan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).
Opportunity flags
0 tripped
No flags tripped for this filing year. This plan looks clean.
Expense breakdown
Schedule H Part II
Admin total
$15K
$10 / participant
- Contract admin$15K100.0%
% of EOY assets
0.008%
all-in expense ratio
Categories reported
1 / 9
subdivided buckets used
Audit opinion
Schedule H Part III
Unqualified opinion
Auditor signed off without reservation - the cleanest possible opinion.
- Auditor firm
- PRICEWATERHOUSECOOPERS
- Auditor EIN
- 134008324
- Audit fees
- (not subdivided)
- Opinion code
- Unqualified