See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 10-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
| Provider | Service type | Compensation |
|---|---|---|
SUNTRUST BANKS, INC.3+ years Filed as: BRANCH BANKING AND TRUST COMPANY Service code 15 · EIN 56-1368984 | Recordkeeping | $41,425 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $31,665 | $58,726-46.1% | $92,233-65.7% | $62,292-49.2% |
| Participation rate | 68.3% | 68.3%-0.1pp | 76.5%-8.2pp | 69.5%-1.2pp |
| Annual return | 12.81% | 43.62%-30.8pp | 176.28%-163.5pp | 28.90%-16.1pp |
| Employer contribution / active EE | $1,686 | $2,392-29.5% | $3,679-54.2% | $2,042-17.5% |
| Participant deferral / active EE | $3,549 | $2,766+28.3% | $3,897-8.9% | $3,169+12.0% |
| Admin fee / account holder | $334 | $556-40.0% | $5,194-93.6% | $479-30.3% |