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| Provider | Service type | Compensation |
|---|---|---|
BB&T1+ years Filed as: BB & T Service code 21 · EIN 56-1368984 | Bank Trustee | $60,334 |
PRONVEST1+ years Service code 51 · EIN 62-1823351 | Investment Mgmt Fees | $27,451 |
BB&T IIA1+ years Service code 27 · EIN 57-0956597 | Advisory (Plan) | $19,758 |
BB&T1+ years Service code 52 | Indirect Investment Fees | $0 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $45,927 | $47,078-2.4% | $100,671-54.4% | $55,191-16.8% |
| Participation rate | 70.2% | 58.0%+12.2pp | 70.7%-0.5pp | 69.2%+1.1pp |
| Annual return | -0.55% | 0.65%-1.2pp | 20.43%-21.0pp | 10.78%-11.3pp |
| Employer contribution / active EE | $4,622 | $1,065+333.8% | $4,012+15.2% | $1,899+143.4% |
| Participant deferral / active EE | $2,057 | $2,038+0.9% | $3,144-34.6% | $3,046-32.5% |
| Admin fee / account holder | $510 | $153+232.6% | $4,850-89.5% | $91+461.5% |