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| Provider | Service type | Compensation |
|---|---|---|
BB&T2 years Service code 16 · EIN 56-1368984 | Consulting | $55,352 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $85,370 | $78,419+8.9% | $133,959-36.3% | $73,412+16.3% |
| Participation rate | 60.6% | 78.6%-18.0pp | 79.8%-19.3pp | 72.2%-11.6pp |
| Annual return | 16.69% | 33.35%-16.7pp | 45.09%-28.4pp | 59.30%-42.6pp |
| Employer contribution / active EE | $1,156 | $2,044-43.4% | $3,919-70.5% | $2,234-48.3% |
| Participant deferral / active EE | $3,549 | $3,925-9.6% | $5,047-29.7% | $3,806-6.8% |
| Admin fee / account holder | $197 | $161+22.0% | $8,928-97.8% | $158+24.7% |