See peer percentile detail with Solo.
Solo shows the percentile for each metric against plans of the same size and industry. $4.99 for your first month, then $34.99 a month. Cancel any time.
See the 10-year trajectory with Solo.
Solo shows up to ten years of filings for this plan, year over year. $4.99 for your first month, then $34.99 a month. Cancel any time.
| Provider | Service type | Compensation |
|---|---|---|
Service code 13 · EIN 42-0127290 | Contract Administrator | $42,474 |
SUNTRUST BANKS, INC.5 years Filed as: TRUIST INVESTMENT SRVCS Service code 27 · EIN 20-5817590 901 EAST BYRD STREET · RICHMOND, VA 23219 | Advisory (Plan) | $25,601 |
Annual investment return is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Form 5500 reported that benefits due were not provided when due.
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $51,928 | $87,870-40.9% | $113,168-54.1% | $74,304-30.1% |
| Participation rate | 96.3% | 70.7%+25.6pp | 76.6%+19.8pp | 60.3%+36.0pp |
| Annual return | 11.75% | 26.44%-14.7pp | 24.27%-12.5pp | 29.43%-17.7pp |
| Employer contribution / active EE | $4,792 | $2,277+110.5% | $2,975+61.1% | $2,241+113.8% |
| Participant deferral / active EE | $6,337 | $4,241+49.4% | $5,107+24.1% | $3,767+68.2% |
| Admin fee / account holder | $229 | $3,368-93.2% | $12,068-98.1% | $2,969-92.3% |