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| Provider | Service type | Compensation |
|---|---|---|
SUNTRUST BANKS, INC.2 years Service code 21 303 PEACHTREE STREET, 15TH FLOOR · ATLANTA, GA 30308 | Bank Trustee | $50,146 |
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 | $75,885 | $89,367-15.1% | $141,191-46.3% | $72,975+4.0% |
| Participation rate | 93.4% | 75.1%+18.3pp | 82.5%+10.9pp | 69.5%+23.9pp |
| Annual return | 28.16% | 111.87%-83.7pp | 71.41%-43.3pp | 81.01%-52.9pp |
| Employer contribution / active EE | $16,376 | $3,115+425.8% | $4,736+245.8% | $2,440+571.1% |
| Participant deferral / active EE | $12,221 | $5,419+125.5% | $6,710+82.1% | $3,608+238.8% |
| Admin fee / account holder | $310 | $5,957-94.8% | $10,264-97.0% | $5,124-94.0% |