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| Provider | Service type | Compensation |
|---|---|---|
Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC Service code 15 · EIN 34-1479833 | Recordkeeping | $75,286 |
SUNTRUST BANKS, INC.1 year Filed as: TRUIST BANK Service code 28 · EIN 56-1074313 | Investment Management | $37,250 |
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $60,021 | $84,784-29.2% | $98,450-39.0% | $74,440-19.4% |
| Participation rate | 92.4% | 81.5%+10.8pp | 75.2%+17.2pp | 70.7%+21.6pp |
| Annual return | 18.53% | 20.59%-2.1pp | 21.16%-2.6pp | 34.37%-15.8pp |
| Employer contribution / active EE | $2,789 | $3,364-17.1% | $3,049-8.5% | $2,638+5.7% |
| Participant deferral / active EE | $3,057 | $5,218-41.4% | $4,739-35.5% | $4,529-32.5% |
| Admin fee / account holder | $79 | $204-61.5% | $8,961-99.1% | $348-77.3% |