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SUNTRUST BANKS, INC.

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Suntrust Banks, Inc. at a glance

Suntrust Banks, Inc. appears on 149 retirement plans in Form 5500 Schedule C filings through plan year 2024. Those plans hold $50.1B in assets for 682,822 participants. The median client plan holds $30.9M. Most client plans are sponsored in VA, NC and FL. The largest clients by plan assets are Truist Financial Corporation, Intl Painters & Allied Trades Ind. Pension Fund- Board of Trustees and Ohio Operating Engineers Pension Plan. Plans reported $15.9M in direct and indirect compensation paid to Suntrust Banks, Inc., a median of $28K per plan.

Participants
682,822
Median plan assets
$30.9M
Median plan participants
432
Median fees per plan
$28K
Schedule C direct + indirect

Frequently asked questions

Who uses Suntrust Banks, Inc.?
149 retirement plans list Suntrust Banks, Inc. as a service provider on Schedule C of Form 5500. The largest clients by plan assets include Truist Financial Corporation, Intl Painters & Allied Trades Ind. Pension Fund- Board of Trustees, Ohio Operating Engineers Pension Plan, Board of Trustees, Locals 302 & 612 of the IUOE - and BD of Trustees, Laborers Dist Council & Constrs Pension Fund. Most client plans are sponsored in VA, NC and FL.
How many plans does Suntrust Banks, Inc. serve?
Suntrust Banks, Inc. serves 149 retirement plans with $50.1B in plan assets and 682,822 participants, based on the latest Form 5500 filings through 2024.
What does Suntrust Banks, Inc. charge?
Plans reported $15.9M in total Schedule C compensation paid to Suntrust Banks, Inc.. The median plan paid $28K. Fees vary with plan size and the services each plan buys.

Market position · 2024

Plans served149+3 YoYRank #144 of mapped providers
Assets under administration$50.1B0.1%Market share · rank #320
Fees received$16MMedian $28,311/planSum across Schedule C direct + indirect
Net wins YoY+730 won · 23 lostPlan-level switch detection

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