Filed August 8, 2025
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 9-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.1 year Filed as: TRUIST ADVISORY SERVICES, INC Service code 26 | Advisory (Participants) | $30,288 |
Service code 15 · EIN 01-0233346 | Recordkeeping | $2,029 |
Filed as: WILSHIRE ASSOCIATES INC Service code 26 | Advisory (Participants) | $1,731 |
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.)
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $91,987 | $49,451+86.0% | $79,550+15.6% | $66,914+37.5% |
| Participation rate | 52.3% | 61.3%-9.0pp | 69.5%-17.2pp | 69.8%-17.5pp |
| Annual return | -15.65% | 84.25%-99.9pp | 0.16%-15.8pp | 1.58%-17.2pp |
| Employer contribution / active EE | $2,055 | $1,266+62.4% | $2,413-14.8% | $2,544-19.2% |
| Participant deferral / active EE | $4,112 | $3,159+30.2% | $3,985+3.2% | $4,237-2.9% |
| Admin fee / account holder | $493 | $595-17.1% | $6,832-92.8% | $593-16.9% |