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| Provider | Service type | Compensation |
|---|---|---|
BB&T2+ years Filed as: BB & T Service code 21 · EIN 56-1368984 | Bank Trustee | $74,084 |
PRONVEST2+ years Service code 51 · EIN 62-1823351 | Investment Mgmt Fees | $29,655 |
BB&T IIA2+ years Service code 27 · EIN 57-0956597 | Advisory (Plan) | $19,349 |
BB&T2+ years Service code 52 | Indirect Investment Fees | $0 |
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.)
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 | $54,478 | $41,281+32.0% | $109,313-50.2% | $57,658-5.5% |
| Participation rate | 67.6% | 59.3%+8.3pp | 71.3%-3.6pp | 70.2%-2.6pp |
| Annual return | 12.87% | 8.97%+3.9pp | 22.07%-9.2pp | 5.13%+7.7pp |
| Employer contribution / active EE | $1,958 | $1,201+62.9% | $3,892-49.7% | $1,974-0.8% |
| Participant deferral / active EE | $4,400 | $2,223+97.9% | $3,166+39.0% | $3,061+43.8% |
| Admin fee / account holder | $535 | $75+611.2% | $5,666-90.6% | $95+466.1% |