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| Provider | Service type | Compensation |
|---|---|---|
SUNTRUST BANKS, INC.1 year Filed as: TRUIST ADVISORY SERVICES INC. Service code 27 · EIN 37-1808847 | Advisory (Plan) | $19,723 |
LPL FINANCIAL1 year Filed as: LPL FINANCIAL CORPORATION Service code 27 · EIN 04-3046611 | Advisory (Plan) | $15,262 |
Filed as: TRANSAMERICA FINANCIAL LIFE INSURAN Service code 15 · EIN 36-6071399 | Recordkeeping | $10,325 |
NOVA 401(K) ASSOCIATES9+ years Filed as: NOVA 401(K) ASSOCIATES LP Service code 15 · EIN 20-1181458 | Recordkeeping | $5,956 |
Annual investment return is in the bottom quintile of the peer cohort.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $61,683 | $54,729+12.7% | $86,235-28.5% | $71,529-13.8% |
| Participation rate | 88.3% | 60.1%+28.1pp | 69.0%+19.3pp | 67.9%+20.3pp |
| Annual return | 12.09% | 20.07%-8.0pp | 1170.03%-1157.9pp | 28.97%-16.9pp |
| Employer contribution / active EE | $1,681 | $1,267+32.6% | $2,381-29.4% | $2,590-35.1% |
| Participant deferral / active EE | $5,948 | $3,110+91.2% | $3,987+49.2% | $4,291+38.6% |
| Admin fee / account holder | $153 | $1,921-92.0% | $6,856-97.8% | $1,588-90.3% |