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 |
|---|---|---|
BB&T4+ years Filed as: BB&T INSTITUTIONAL SERVICES Service code 15 · EIN 56-0939887 | Recordkeeping | $3,750 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $7,867 | $60,795-87.1% | $69,455-88.7% | $65,185-87.9% |
| Participation rate | 47.6% | 74.9%-27.2pp | 74.6%-27.0pp | 70.2%-22.6pp |
| Annual return | 7.17% | 17.46%-10.3pp | 28.97%-21.8pp | 29.38%-22.2pp |
| Employer contribution / active EE | $674 | $2,452-72.5% | $2,779-75.7% | $2,177-69.0% |
| Participant deferral / active EE | $988 | $3,162-68.8% | $3,535-72.1% | $3,514-71.9% |
| Admin fee / account holder | $28 | $314-91.1% | $3,839-99.3% | $847-96.7% |