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| Provider | Service type | Compensation |
|---|---|---|
SUNTRUST BANKS, INC.3 years Filed as: TRUIST INVESTMENT SERVICES INC Service code 27 303 PEACHTREE ST FL 5 SUNTRUST PLZ · ATLANTA, GA 30308 | Advisory (Plan) | $37,525 |
Filed as: EMPOWER ANNUITY INSURANCE COMPANY Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $13,923 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $87,500 | $101,591-13.9% | $147,096-40.5% | $74,429+17.6% |
| Participation rate | 87.1% | 75.5%+11.6pp | 82.2%+5.0pp | 67.2%+19.9pp |
| Annual return | 13.89% | 8746.45%-8732.6pp | 419.75%-405.9pp | 1368.38%-1354.5pp |
| Employer contribution / active EE | $3,507 | $3,813-8.0% | $4,936-28.9% | $2,625+33.6% |
| Participant deferral / active EE | $7,824 | $7,302+7.1% | $8,071-3.1% | $4,348+79.9% |
| Admin fee / account holder | $322 | $1,750-81.6% | $13,005-97.5% | $1,944-83.5% |