Filed April 28, 2020
See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 10-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
| Provider | Service type | Compensation |
|---|---|---|
BB&T1 year Filed as: BB&T INSTITUTIONAL SERVICES Service code 15 · EIN 56-0939887 | Recordkeeping | $3,851 |
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $35,342 | $99,957-64.6% | $149,696-76.4% | $73,488-51.9% |
| Participation rate | 95.2% | 75.7%+19.5pp | 82.5%+12.7pp | 70.7%+24.5pp |
| Annual return | 29.13% | 53.87%-24.7pp | 276.60%-247.5pp | 28.51%+0.6pp |
| Employer contribution / active EE | $3,553 | $3,191+11.3% | $4,644-23.5% | $2,270+56.5% |
| Participant deferral / active EE | $6,943 | $6,073+14.3% | $6,842+1.5% | $3,740+85.7% |
| Admin fee / account holder | $30 | $551-94.6% | $9,309-99.7% | $513-94.2% |